Global Chlorinated Polyvinyl Chloride (CPVC) Market Growth 2019-2024

Chlorinated Polyvinyl Chloride (CPVC) is white or light yellow, non-toxic loose grain or powder. It is a thermoplastic produced by chlorination of polyvinyl chloride (PVC) resin. It is mainly used as a raw material in pipes for supplying hot water, industry, and sprinklers, etc., which require heat resistance.
The Asia-Pacific consumption of chlorinated polyvinyl chloride (CPVC) increases from 178737 MT in 2012 to 223296 MT in 2016, at a CAGR of more than 4.55%. And the Asia-Pacific sales revenue reaches 396.56 Million USD in 2016.

The Asia-Pacific chlorinated polyvinyl chloride (CPVC) consumption market is led by China, holding about 45.14% of consumption market in 2016. India is the second-largest region-wise market. At present, the major manufacturers of chlorinated polyvinyl chloride (CPVC) are concentrated in Lubrizol, Kaneka Chemical, Sekisui Chemical and Gaoxin Chemical. Lubrizol is the world leader and has manufacturing plants in Thailand and India.

CPVC has better mechanical properties, heat resistance, corrosion resistance, electrical properties and flame retardant self-extinguishing properties, and it can be widely used in chemical, construction and other fields to replace wood and steel. The major fields are including pipe, pipe fittings industry, power cable casing industry, coatings and adhesives industry and other industries.

4. The major raw materials for chlorinated polyvinyl chloride (CPVC) are polyvinyl chloride (PVC), chlorine and other auxiliary chemicals. Fluctuations in the price of the upstream product will impact on the production cost of chlorinated polyvinyl chloride (CPVC). The production cost of chlorinated polyvinyl chloride (CPVC) is also an important factor which could impact the price of chlorinated polyvinyl chloride (CPVC).

Asia-Pacific market is expected to witness significant growth on account of rising applications, so in the next few years, CPVC sales will show a trend of steady growth. In 2022 the Asia-Pacific sales of CPVC is estimated to be 272294 MT. On product prices, the slow downward trend in recent years will maintain in the future.


According to this study, over the next five years the Chlorinated Polyvinyl Chloride (CPVC) market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Chlorinated Polyvinyl Chloride (CPVC) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Chlorinated Polyvinyl Chloride (CPVC) market by product type, application, key manufacturers and key regions and countries.

This study considers the Chlorinated Polyvinyl Chloride (CPVC) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Injection Grade
Extrusion Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Pipe, Pipe Fittings Industry
Power Cable Casing Industry
Coatings and Adhesives Industry
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Lubrizol
Kaneka Chemical
Sekisui Chemical
Gaoxin Chemical
Xuye New Materials
Panjin Changrui
Xiangsheng Plastic
Shanghai Chlor-Alkali Chemical
Sundow Polymers
Novista
Jiangsu Tianteng Chemical
Tianchen Chemical

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Chlorinated Polyvinyl Chloride (CPVC) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Chlorinated Polyvinyl Chloride (CPVC) market by identifying its various subsegments.
Focuses on the key global Chlorinated Polyvinyl Chloride (CPVC) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Chlorinated Polyvinyl Chloride (CPVC) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Chlorinated Polyvinyl Chloride (CPVC) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.