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.

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

10% free 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
      • Brazil
      • Argentina
    • Middle East and Africa
      • Saudi Arabia
      • Iran

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 customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Global CPVC Market Outlook, 2015-2035