The production capacity of Chlorinated Polyvinyl
Chloride (CPVC) was 871.52 thousand tonnes in 2021 and is forecast to grow
in the upcoming years. This can be attributed to the growth factors like rising
urbanization and an increase in residential construction activities that will majorly
contribute to the growing chlorinated polyvinyl chloride market. Also,
chlorinated polyvinyl chloride is used in fire sprinkler systems. Due to its
durability, ease of fabrication and installation, and speed, it is commonly
utilized in commercial and institutional structures.
More focus on R&D of CPVC
CPVC is manufactured by
chlorination of PVC polymer, thereby raising the chlorine content from 56% to
around 66%. Technology licensing for CPVC resin & compound manufacturing is
controlled by Lubrizol, Arkema, Kaneka, and Hanwha Corporation. As mentioned above,
companies patent the technology, focusing more on development in this area
since competition is low, so the emergence of new players is expected in the
future.
Rising Application in Construction
Sector
Increasing
use of chlorinated polyvinyl chloride in industrial and residential
construction activities due to its firm, durable, lightweight, cost-efficient,
heat, pressure-resistant, and other versatile characteristics are helping to
boost the market growth. In the construction sector, the pipes and fitting
segments are dominant due to increased industrial and residential applications
and the ability to withstand higher temperatures than plastic pipe systems.
Widespread use in Storage and
Distribution of Water
The use of chlorinated polyvinyl
chloride in water storage and its distribution can be seen due to its superior
qualities like heat resistance, immunity to corrosion by chlorinated water,
insulation properties, hydrolysis resistance, resistance to chemical corrosion,
and leakage, and potential to reject microbial bacteria during distribution.
Moreover, chlorinated polyvinyl chloride pipes are used in cold countries to
transport hot water as they can withstand higher temperatures than regular
piping without shrinking, dissolving, or breaking.
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Market Segmentation
The global chlorinated
polyvinyl chloride market is segmented based on grade, end-use, and regional
distribution. Based on grade, the market can be categorized into Pipe &
Fitting (Extrusion) Grade, Adhesive Grade, and Sheathing Grade. Based on the
end-use, the market is segmented into Hot Water Pipes/Fittings, Industrial
Pipes/Fittings, Fire Sprinkler Pipes/Fittings, and Underground Pipes for
Housing Power Cables and Others. Based on region, Asia Pacific dominated the
market in 2021 with an overall share of 62.07% on the widespread use and
adoption of Chlorinated Polyvinyl Chloride. In the Asia Pacific, China
dominates the overall market because of the large construction and production
capacities, huge population, and urbanization.
Company Profiles
Lubrizol Corporation, Kaneka
Corporation, Hanwha Solutions, Sundow Polymers Company Limited, Zhejiang
Guxiandao Polyester Dope Dyed yarn Company Limited, Shandong Gaoxin Chemical
Company Limited, Novista Chemicals Company Limited and Kem One, are among the
major market players in the global platform that lead the market growth of the
global chlorinated polyvinyl chloride Market.
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Attribute
|
Details
|
|
Production
Capacity in 2021
|
871.52 thousand tonnes
|
|
Base
Year
|
2021
|
|
Historical
Years
|
2015 –
2021
|
|
Estimated
Year
|
2022
|
|
Forecast
Period
|
2023
– 2035
|
|
Quantitative
Units
|
Revenue in
USD Million, Volume in Thousand Tons
|
|
Report
Coverage
|
Revenue
forecast, company share and competitive landscape
|
|
Segments
Covered
|
·
Grade
·
Sales
Channel
·
End
Use
|
|
Regional
Scope
|
Asia
Pacific; North America; Europe; South America; Middle East & Africa
|
|
Country
Scope
|
China; United States;
India; Japan; France; Germany; Brazil; Canada; Thailand; South Korea; Saudi
Arabia; South Africa; Argentina; Mexico; Italy; Spain; Iran; Netherlands;
Taiwan; Belgium; Sweden; Austria
|
|
Key
Companies Profiled
|
Lubrizol Corporation; Kaneka Corporation; Hanwha
Solutions; Sundow Polymers Company Limited; Zhejiang Guxiandao Polyester Dope
Dyed yarn Company Limited; Shandong Gaoxin Chemical Company Limited; Novista
Chemicals Company Limited; Kem One
|
|
Customization
Scope
|
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report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
|
Pricing
and Purchase Options
|
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|
|
Delivery
Format
|
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/pdf format on special request)
|
Report Scope:
In this report, global chlorinated
polyvinyl chloride market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- Market, By Grade:
- Pipe & Fitting (Extrusion)
- Adhesive Grade
- Sheathing Grade
- Market, By End-Use Industry:
- Hot Water Pipes/Fittings
- Industrial Pipes/Fittings
- Fire Sprinkler Pipes/Fittings
- Underground Pipes for Housing
Power Cables
- Market, by Region:
- Asia
Pacific
- China
- India
- Japan
- South Korea
- Thailand
- Taiwan
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Netherland
- Spain
- Belgium
- Austria
- South America
- Middle East and Africa
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in global chlorinated polyvinyl
chloride market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following