Consumers, businesses, and communities all across the world are concerned about the COVID-19 pandemic, which is producing economic imbalances. Tier-1 and Tier-2 PEX-producing firms in APAC, the Middle East & Africa, and Europe have also been forced to cease operations. In numerous PEX-producing countries, the epidemic has resulted in production halts, labour shortages, and logistical disruptions. PEX for industrial operations is mostly produced in APAC and Europe. All of these issues have caused a disruption in Cross-linked Polyethylene Market supply chain, with several manufacturing units slowing down.
End-use sectors such as automotive, construction, chemicals, packaging, and consumer goods have been harmed by the pandemic. These sectors necessitate a robust distribution network as well as a high level of transportation activity. However, because to lockup and transit limitations in a number of countries, these end-use sectors are unable to meet customer demands, limiting the Cross-linked Polyethylene Market market's growth. As many countries around the world remain under lockdown, the market is likely to grow slowly until the second quarter of 2020. Despite the viral pandemic, demand for PEX in the medical and healthcare industries would strengthen the market.
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