The global PEX (Cross-Linked Polyethylene) market was valued at US$ 5279.4 million in 2022 and is projected to reach US$ 6605.8 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 3.3% during the forecast period. This growth is driven by rising demand from the plumbing, underfloor heating, and wire & cable sectors, alongside continuous innovation in material science and manufacturing processes that enhance product durability and performance.

As industries worldwide prioritize durable, corrosion-resistant, and flexible polymer solutions, the demand for high-performance PEX is accelerating. This versatile material is critical for modern infrastructure, from potable water systems to automotive components. In this blog, we profile the Top 10 Companies in the PEX Industry—a blend of chemical giants, specialty compounders, and regional leaders who are defining the future of cross-linked polymer applications.

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🔟 1. DowDupont

Headquarters: Midland, Michigan, USA
Key Offering: PEX-a (Engage™ Polyolefin Elastomers), Specialty Compounds

DowDupont, through its Dow subsidiary, is a global leader in polyethylene technology and a major supplier of raw materials and compounds for PEX manufacturing. Their Engage™ POE platform is widely used in wire & cable and automotive applications, offering superior flexibility and stress-crack resistance.

Innovation Initiatives:

• Development of high-performance POE and elastomer grades
• Investment in circular economy projects for polyethylene
• Focus on sustainable polymer solutions for construction

Download FREE Sample Report: PEX (Crossed-Linked Polyethylene) Market – View in Detailed Research Report

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9️⃣ 2. Borealis AG

Headquarters: Vienna, Austria
Key Offering: PEX-b, Daplen™ PP compounds, Borstar® enhanced PE

Borealis is a leading European provider of polyolefins and advanced PEX solutions, particularly known for its PEX-b pipes used in plumbing and heating systems. Their Borstar® technology enables the production of bimodal PE, which offers an excellent balance of strength and processability.

Innovation Initiatives:

• Expansion of PEX-b production capacity in Europe
• Development of PE100-RC materials for pressure pipes
• Commitment to using renewable feedstocks

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8️⃣ 3. LyondellBasell

Headquarters: Houston, Texas, USA
Key Offering: Hostalen® HDPE, Lupolen® HDPE, PEX compounds

LyondellBasell is one of the world’s largest plastics, chemicals, and refining companies, with a significant portfolio of high-density polyethylene grades suitable for cross-linking. Their materials are fundamental to the production of PEX pipes for demanding applications.

Innovation Initiatives:

• CirculenRecover portfolio for recycled polymers
• Advanced catalyst technologies for tailored PE properties
• Global supply chain for consistent material quality

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7️⃣ 4. ExxonMobil Corporation

Headquarters: Irving, Texas, USA
Key Offering: ExxonMobil™ HDPE, PEX raw materials

ExxonMobil’s chemical division is a key global supplier of polyethylene resins, including grades specifically engineered for cross-linking. Their materials are used to manufacture PEX pipes that meet rigorous international standards for safety and longevity.

Innovation Initiatives:

• Investment in advanced recycling technologies
• Development of high-performance PE grades for extrusion
• Focus on reducing greenhouse gas emissions from operations

Download FREE Sample Report: PEX (Crossed-Linked Polyethylene) Market – View in Detailed Research Report

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6️⃣ 5. PolyOne Corporation (Now Avient)

Headquarters: Avon Lake, Ohio, USA
Key Offering: Colorants, additives, and specialty compounds for PEX

PolyOne, now part of Avient Corporation, is a premier provider of specialized polymer materials, including color concentrates and additive packages for PEX pipe production. Their solutions enhance the performance, UV stability, and identification of PEX tubing systems.

Innovation Initiatives:

• Development of sustainable color solutions
• Specialty additives for improved PEX performance
• Global technical support for compounders and extruders

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5️⃣ 6. Solvay

Headquarters: Brussels, Belgium
Key Offering: Specialty polymers, high-performance additives

Solvay is a global leader in advanced materials and specialty chemicals, offering a range of products that complement PEX formulations. Their expertise in polymer science supports the development of PEX with enhanced thermal and mechanical properties.

Innovation Initiatives:

• Investment in circular economy for plastics
• Development of bio-based and recyclable polymer solutions
• Focus on sustainable chemistry for construction materials

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4️⃣ 7. Hanwha Chemical Corporation

Headquarters: Seoul, South Korea
Key Offering: HDPE, LDPE, Q Lifeplex™ PEX compounds

Hanwha Chemical is a major Asian producer of polyethylene and a significant player in the PEX market. Their Q Lifeplex™ brand is well-known for PEX pipes used in South Korea’s advanced plumbing and heating infrastructure.

Innovation Initiatives:

• Expansion of high-value specialty chemical production
• Development of eco-friendly polymer products
• Strategic focus on the Asian construction market

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3️⃣ 8. HDC Hyundai EP

Headquarters: Seoul, South Korea
Key Offering: Polyethylene resins, PEX pipe compounds

HDC Hyundai EP, part of the Hyundai Development Company group, is a key polyethylene producer in South Korea with a strong presence in the PEX pipe market. The company supplies materials for both domestic use and export across Asia.

Innovation Initiatives:

• Focus on quality and consistency in PE production
• Adoption of advanced polymerization technologies
• Strategic partnerships in the construction sector

Download FREE Sample Report: PEX (Crossed-Linked Polyethylene) Market – View in Detailed Research Report

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2️⃣ 9. Falcone Specialities AG

Headquarters: Baar, Switzerland
Key Offering: Specialty chemicals, cross-linking agents (e.g., silanes, peroxides)

Falcone Specialities AG is a crucial supplier to the PEX industry, providing the specialty chemicals and cross-linking agents necessary for creating the three-dimensional polymer network that defines PEX. Their products enable various PEX manufacturing methods (PEX-a, PEX-b, PEX-c).

Innovation Initiatives:

• Development of efficient cross-linking systems
• Specialty additives for enhanced polymer performance
• Technical support for PEX manufacturers worldwide

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1️⃣ 10. 3H Vinacom Co., Ltd.

Headquarters: Ho Chi Minh City, Vietnam
Key Offering: PEX pipes, polymer compounds

3H Vinacom is a growing force in the Asian PEX market, specializing in the production and distribution of PEX piping systems. The company serves the rapidly developing construction markets in Southeast Asia with quality-assured PEX products.

Innovation Initiatives:

• Expansion of manufacturing capabilities in Vietnam
• Focus on meeting international quality standards
• Growing export business to neighboring countries

Get Full Report Here: PEX (Crossed-Linked Polyethylene) Market – View in Detailed Research Report

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🔬 Outlook: The Future of PEX Is Smarter and More Sustainable

The PEX market is undergoing a significant transformation, driven by global infrastructure development, the need for durable and safe water systems, and the push for more sustainable material cycles. While traditional applications continue to dominate, the industry is investing in advanced materials and recycling technologies.

📈 Key Trends Shaping the Market:

• Rising adoption of PEX in radiant floor heating and cooling systems
• Stringent building codes and regulations favoring durable plumbing materials
• Development of PEX with enhanced chlorine and UV resistance
• Growing focus on recyclability and circular economy principles for plastics

Get Full Report Here: PEX (Crossed-Linked Polyethylene) Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials for modern infrastructure—they’re pioneering the next generation of high-performance, sustainable polymers that will define construction and manufacturing for decades to come.