The global demand for Chlorinated Polyvinyl Chloride Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022-2028. Whereas with regards to volume, the market was calculated XX Tons in 2021 and foreseen to touch XX Tons by 2028 with a CAGR of XX% during 2022-2028.
Chlorinated polyvinyl chloride or CPVC refers to a thermoplastic polymer produced on free radical chlorination of polyvinyl chloride. It is readily workable and owns excellent corrosion resistance at high temperatures. This makes it ideal for applications in industrial liquid handing and as hot and cold delivery pipes. CPVC is an economical and yet effective and durable alternative for metal and standard PVC pipes and fittings. Also, CPVC has shown fire retardant properties and is thereby used in fire sprinkler systems.
The chlorinated polyvinyl chloride market is anticipated to grow in the forecast period due to its growing applicability of CPVC across diverse industries. Also, increasing safety concerns and increasing usage of the fire sprinkler system further propel the market growth. However, the fragile nature of CPVC pipes and associated higher cost of repairs in situations of leak damages negatively influence overall market growth. On the flip side, the growing adoption of CPVC in producing power cable outer-cases and tubes is expected to showcase growth opportunities for key players in the market during the forecast period.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of chlorinated polyvinyl chloride.
The report segments the chlorinated polyvinyl chloride market and analyses it with respect to the geography, intending to keep the marketer informed and help them identify the target demographics for the product or service.
By Production Process
- Solvent method
- Solid phase method
- Aqueous suspension method
- Pipes & fittings
- Fire sprinkler
- Power cable housing
- Adhesives and Coatings
This section covers regional segmentation which accentuates on current and future demand for chlorinated polyvinyl chloride market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Chlorinated Polyvinyl Chloride Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the chlorinated polyvinyl chloride market include Lubrizol corporation, KEM one, Jiangsu Tianteng Chemical Industry, Novista group, BASF SE, Hangzhou Electrochemical Group Co, Sekisui Chemical, Kaneka Corporation) Shandong Xiangsheng New Materials Technology.S. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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