The rapid residential growth especially in developing nations acts as one of the major factors driving the growth of cross-linked polyethylene market. The increase in the consumer inclination towards cross-linked polyethylene over HDPE because of its thermosetting nature, high mechanical strength, and better stress crack resistance and rise in the need for plastic pipes in the solar industry accelerate the market growth. The Cross-linked Polyethylene Market is also influenced by growing demand from industries like automotive, packaging, and consumer goods as well as growing use of the resin in residential and commercial plumbing services. Additionally, the market for cross-linked polyethylene benefits from urbanization, industrialization, the expansion of end-user industries, and a rise in investment.
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