Chlorinated Polyvinyl Chloride (CPVC) Market By Global Industry Size, Share, Trends, Opportunity, and Forecast, 2015-2035
According to TechSci Research, 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
Click here to download the sample
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.
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 | Avail customized purchase options to meet your exact research needs. Explore purchase options |
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.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
Website: https://www.techsciresearch.com
Comments
Post a Comment