The global demand for PVC Solvent Cement Market is presumed to reach the market size of nearly USD XX MN by 2030 from USD XX MN in 2022 with a CAGR of XX% under the study period 2023 - 2030.
PVC solvent cement or PVC cement is an adhesive substance and used to join two pieces of PVC. It is made up of CPVC resin, stabilizers, and fillers dissolved in a cocktail of solvents. PVC solvent cement is a fast, easy, and highly reliable process that produces a more robust joint than the pipe or fitting alone. It also contains stabilizers that maintain solvent properties and extend its shelf life. These stabilizers help protect the solvent cement against heat and oxidation, which can degrade the solution. PVC Solvent Cements are inert to most mineral acids, bases, and salts found in mineral processing, chemical processing, power generation, and wastewater treatment facilities.
Market Dynamics
Rapid industrialization and urbanization coupled with a rising preference for chlorinated polyvinyl chloride (CPVC) pipe & fittings drive the demand for PVC solvent cement. PVC pipes have a higher proportion in urban areas where residential and building projects are more, and are these are generally used in the plumbing segment. CPVC pipe & fittings are rapidly growing in popularity in both corrosive and high-temperature applications. PVC pipes being majorly used in industrial pipe and fittings, water supply, and drainage & sewage. Expanding the online presence of manufacturers and suppliers is also promoting the market growth. However, the presence of other competitive products such as CPVC solvent cement, ABS solvent cement, and transitional solvent cement hinders the market growth. Moreover, unstable raw material prices and VOC emission obstructs market growth.
The research 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 an inclusive assessment of each segment in the global market of pvc solvent cement. The growth and trends of pvc solvent cement industry provide a holistic approach to this study.
Market Segmentation
This section of the pvc solvent cement market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Viscosity
- Regular Bodied
- Medium-Bodied
- Heavy Bodied
By Application
- PVC (Polyvinyl Chloride) Pipes
- CPVC Pipes (Chlorinated Poly Vinyl Chloride)
- ABS (Acrylonitrile Butadiene Styrene) Pipes
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the PVC Solvent Cement market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global PVC Solvent Cement 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 PVC Solvent Cement market include Adon Chemical Pvt. Ltd., Advance Agrisearch Limited, Finolex Industries Ltd., HP Adhesives Pvt. Ltd., IPS Corporation, Kenon Adhesives Pvt. Ltd., King Pipes and Fittings, NeoSeal Adhesive Pvt. Ltd., Shreeji Chemical Industries, Vd Paper Mills Private Limited. This section consists of 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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