Chlorinated Polyvinyl Chloride (CPVC) Market : Global Market Estimation, Dynamics, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Global Chlorinated Polyvinyl Chloride (CPVC) Market: By Process (Solvent Method, Solid-Phase Method and Aqueous Suspension Method), By Application (Pipes & Fitments, Fire Sprinkler Systems, Coatings and Adhesives and Power Cable Casing), By Production Method (UV and Heat) and Geography

 

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Description

The chlorinated polyvinyl chloride (CPVC) market is estimated to be valued at USD 1,312.8 Million in 2021 and is projected to expand at a rate of 10.4% from 2022 to 2028. CPVC is known for its excellent high-temperature performance and other desirable physical properties. Increased demand for CPVC pipe, vessels, valves, fittings, and other items due to advantages over other products. Corrosion resistance, superior hydraulics, high heat tolerances, and superior flame and smoke characteristics are all advantages of CPVC fire sprinkler systems. With these credentials, it’s no surprise that fire sprinkler systems have more listings and approvals than any other non-metallic sprinkler system and can be employed in more applications. The market is expected to offer lucrative opportunities in coming years due to the numerous uses of CPVC in various sectors. Furthermore, CPVC pipes are less expensive when compared to metal pipes. As a result, more people are opting for CPVC pipes and fittings, which are less expensive but nonetheless practical and long-lasting. The market has experienced shift towards branded luxury products. Strong branding and regular product campaigning through various forums as well as a large distribution network enables to gain the improve the market share in future. In Jan 2018, Kaneka Aerospace Composites has bought Henkel Corporation’s Composites Portfolio to boost the company’s growth, revenue, and market position.

 

Chlorinated Polyvinyl Chloride (CPVC) Market

MARKET SUMMARY
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10.4% CAGR
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 10.4%
  • Largest Market– North America
  • Fastest Growing Market– Asia-Pacific

Chlorinated Polyvinyl Chloride (CPVC) Market

  •  The report on global chlorinated polyvinyl chloride (CPVC) market gives historical, current, and future market sizes (US$ Mn) on the basis of process, application, production method, and region.
  • In addition, global chlorinated polyvinyl chloride (CPVC) market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition.
  • Key stakeholders of the global chlorinated polyvinyl chloride (CPVC) market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global chlorinated polyvinyl chloride (CPVC) products
Market Key Players
  • Kaneka Corporation
  • PolyOne Corporation
  • The Lubrizol Corporation
  • Hanwha Group
  • Sekisui Chemical Co., Ltd.
Dynamics

Chlorinated Polyvinyl Chloride (CPVC) Market

CPVC is most widely used plumbing system across the world owing to superior corrosion resistance, that prevents pitting and scaling regardless of pH or chlorine levels in the water. This offers longer, more reliable service without the risk of copper leaching and subsequent drinking water contamination. Furthermore, the simpler installation with a solvent cement joining system requires only a few low-cost tools, making mains and risers in larger structures more cost-effective. The higher cost of repairs connected with leak damages is expected to hamper the market.


North-America Got Significant Share

Chlorinated Polyvinyl Chloride (CPVC) Market

The North America C-PVC market has registered the highest revenue share in 2021 and is expected to continue its dominance in the future owing to its growing demand for products in USA, and Canada. However, developing economies in the Asia Pacific are expected to see a potential opportunity throughout the projection period due to an increase in demand for chlorinated polyvinyl chloride in India, China and emerging countries. Furthermore, the growing demand for CPVC in the construction industries is another factor contributing to the market's growth in the Asia Pacific region.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

KEY FEATURES OF THE REPORT

  • The C-PVC market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The C-PVC market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The C-PVC market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The C-PVC market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The C-PVC market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Chlorinated Polyvinyl Chloride (CPVC) Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content


Report

Company Profile

  • Gaoxin Chemical
  • Kaneka Chemical
  • Lubrizol
  • Novista
  • Panjin Changrui
  • Sekisui Chemical
  • Shanghai Chlor-Alkali Chemical
  • Sundow Polymers
  • Xiangsheng Plastic
  • Xuye New Materials

Description

The chlorinated polyvinyl chloride (CPVC) market is estimated to be valued at USD 1,312.8 Million in 2021 and is projected to expand at a rate of 10.4% from 2022 to 2028. CPVC is known for its excellent high-temperature performance and other desirable physical properties. Increased demand for CPVC pipe, vessels, valves, fittings, and other items due to advantages over other products. Corrosion resistance, superior hydraulics, high heat tolerances, and superior flame and smoke characteristics are all advantages of CPVC fire sprinkler systems. With these credentials, it’s no surprise that fire sprinkler systems have more listings and approvals than any other non-metallic sprinkler system and can be employed in more applications. The market is expected to offer lucrative opportunities in coming years due to the numerous uses of CPVC in various sectors. Furthermore, CPVC pipes are less expensive when compared to metal pipes. As a result, more people are opting for CPVC pipes and fittings, which are less expensive but nonetheless practical and long-lasting. The market has experienced shift towards branded luxury products. Strong branding and regular product campaigning through various forums as well as a large distribution network enables to gain the improve the market share in future. In Jan 2018, Kaneka Aerospace Composites has bought Henkel Corporation’s Composites Portfolio to boost the company’s growth, revenue, and market position.

 

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX