Global PEX (Crossed-Linked Polyethylene) Market: Overview 

PEX or crossed-linked polyethylene has extreme applications across electrical insulation in power cables for range of voltages. The material is more suited for low and medium voltage applications, which is expected to propel the PEX (crossed-linked polyethylene) market. Thanks to its excellent insulation properties, the PEX is the most common insulation material in the polymer’s family. This material is resistant to heat, weather, and moisture, which save the industrial material and helps to transfer energy efficiently.

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Global PEX (Crossed-Linked Polyethylene) Market: Notable Development 

Major companies functioning in the global PEX (crossed-linked polyethylene) market are The Dow Chemical Company, Solvay SA, Borealis AG, LyondellBasell, PolyOne Corporation, ExxonMobil Corporation, Falcone Specialities AG, and 3H Vinacom Co., Ltd.

In 2018, Mueller Industries Inc. is one of the key player in the copper tubing and alloys manufacturing market has expanded new plastic pipe business through an acquisition. The company announced the acquisition of the Die-Mold Tool Ltd. of Georgetown. Through this acquisition, the Mueller Industries Inc. is entering in to the global PEX (crossed-linked polyethylene) market.

In 2018, the plumbing pipe maker, Uponor is expanding its production capacity in the Hutchinson. The new facility has largest production plant of crosslinked polyethylene of the company. The expansion of the production plants is benefiting growth of the global PEX (crossed-linked polyethylene) market.

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In 2014, NSF International has acquired the laboratory portion of Jana Laboratories Inc. Through this acquisition the, NSF International is expanded its testing capabilities.