Austin, TX, USA, March 27, 2023 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Chlorinated Polyvinyl Chloride (CPVC) Market Size, Trends and Insights By Grade (Extrusion Molding, Injection Molding), By Application (Pipes & Fittings, Adhesives & Coatings, Cables, Others), By End-use (Commercial, Residential, Industrial), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” in its research database.
“According to the latest research study, the demand for global Chlorinated Polyvinyl Chloride Market size & share was valued at approximately USD 3 Billion in 2021 and is expected to reach USD 3.2 billion in 2022 and is expected to reach a value of around USD 5.2 Billion by 2030, at a compound annual growth rate (CAGR) of about 10% during the forecast period 2022 to 2030.”
Our research report offers a 360-degree view of the Chlorinated Polyvinyl Chloride (CPVC) market’s drivers and restraints, coupled with their impact on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Chlorinated Polyvinyl Chloride (CPVC)market.
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Chlorinated Polyvinyl Chloride (CPVC) Market: Overview
A thermoplastic homopolymer known as chlorinated polyvinyl chloride (CPVC) is created when PVC is chlorinated using a free radical. The thermal performance and fire resistance of CPVC are both enhanced by the chlorination of PVC. Compared to conventional pipe materials, chlorinated polyvinyl chloride (CPVC) has several benefits, including high corrosion resistance and good strength.
Over the projection period, the increased utilization of chlorinated polyvinyl chloride in industrial pipes and fittings, hot water pipes and fittings, fire sprinkler pipes and fittings, films and sheets, and other applications is expected to positively impact product outlook.
Growth Factors
Most of the time, CPVC resins are utilized to make heat-resistant pipes. The growing use of CPVC in several applications across numerous industries is anticipated to fuel the expansion of the global Chlorinated Polyvinyl Chloride CPVC market during the projected period as it replaces copper-based pipes. The use of CPVC in fire sprinklers is among its most widespread services. The global chlorinated polyvinyl chloride (CPVC) market is anticipated to be driven by rising safety requirements and the increased use of fire sprinklers across the globe during the projected period.
Additionally, CPVC pipes cost less than metal pipes. As a result, more people are turning to durable, reliable, and reasonably priced CPVC pipes and fittings. However, it is anticipated that the brittleness of CPVC pipes and the comparatively higher cost of repairs related to leaking damages in the case of CPVC pipes will raise demand for substitute materials.
(A free sample of the Chlorinated Polyvinyl Chloride (CPVC) report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2022
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Chlorinated Polyvinyl Chloride (CPVC) report has been modified to include the COVID-19 impact study prior to delivery.)
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Segmental Overview
The market for Chlorinated Polyvinyl Chloride (CPVC)s is segmented into grade, application, and end-user. The injection grade dominates the market in terms of quality due to its many advantages over the extrusion process. When the plastic resin is added to the hopper during the injection grading process, the plastic pellets are subsequently sent from the feed portion into the compression section, where frictional heat is produced. Next, the plastic is pushed through an expanded chamber using a reciprocal screw. The nozzle forces the fluid-like plastic that has melted into a closed, heated/cooled mold. The required shape and size of the mold can be easily achieved with the melt.
Due to its solid and long-lasting qualities and increased use in plumbing applications, CPVC will be in high demand for pipes and fittings applications. The product is perfect for residential, commercial, and industrial plumbing and fire sprinkler systems because of its inherent dependability, chemical resistance, and robust ability to tolerate tremendous heat and pressure. The expansion of beneficial government programs would be aided by the rise in their number, particularly in India.
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Regional Overview
Throughout the forecast period, the Asia Pacific market is anticipated to represent the largest revenue share in the global chlorinated polyvinyl chloride (CPVC) market, with China and India’s needs expected to contribute significantly more revenue than those of the other countries in the region. Expanding the industrial and construction sectors in the area is responsible for developing the Asia Pacific market.
Key questions answered in this report:
- What is the size of the Chlorinated Polyvinyl Chloride (CPVC) market and what is its expected growth rate?
- What are the primary driving factors that push the Chlorinated Polyvinyl Chloride (CPVC) market forward?
- What are the Chlorinated Polyvinyl Chloride (CPVC) Industry's top companies?
- What are the different categories that the Chlorinated Polyvinyl Chloride (CPVC) Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Chlorinated Polyvinyl Chloride (CPVC) market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by Regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Report Scope
| Feature of the Report | Details |
| Market Size in 2021 | USD 3 Billion |
| Projected Market Size in 2030 | USD 5.2 Billion |
| Market Size in 2022 | USD (2022Value) Billion/Million |
| CAGR Growth Rate | 10% CAGR |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Prominent Players | The Lubrizol Corporation, Kaneka Corporation, Kem One SAS, SEKISUI CHEMICAL CO. LTD., GEON Performance Solutions, Shandong Tianchen Chemical Co. Ltd., Hanwha Solutions, Novista Group, VIA Chemical, Sundow Polymers Co. LTD., Interplast Co, PolyOne Corporation, and Others |
| Key Segment | By Grade, Application, End-use, and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Key Players Insights
The major market participants for chlorinated polyvinyl chloride (CPVC) are eager to form alliances and partnerships to grow their businesses.
- 2020: A contract was signed by Grasim Industries Limited and Lubrizol Advanced Materials for the production and distribution of chlorinated polyvinyl chloride (CPVC) resins in India.
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Prominent Players
- The Lubrizol Corporation
- Kaneka Corporation
- Kem One SAS
- SEKISUI CHEMICAL CO. LTD.
- GEON Performance Solutions
- Shandong Tianchen Chemical Co. Ltd.
- Hanwha Solutions
- Novista Group
- VIA Chemical
- Sundow Polymers Co. LTD.
- Interplast Co
- PolyOne Corporation
- Others
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The global Chlorinated Polyvinyl Chloride (CPVC) market is segmented as follows:
By Grade
- Extrusion Molding
- Injection Molding
By Application
- Pipes & Fittings
- Adhesives & Coatings
- Cables
- Others
By End-use
- Commercial
- Residential
- Industrial
Click Here to Get a Free Sample Report of the Global Chlorinated Polyvinyl Chloride (CPVC) Market @ https://www.custommarketinsights.com/report/chlorinated-polyvinyl-chloride-cpvc-market/
On the basis of Geography
North America
- The U.S.
- Canada
- Mexico
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
This Chlorinated Polyvinyl Chloride (CPVC) Market Research/Analysis Report Contains Answers to the following Questions.
- Which Manufacturing Technology is used for Chlorinated Polyvinyl Chloride (CPVC)? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Chlorinated Polyvinyl Chloride (CPVC) Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Chlorinated Polyvinyl Chloride (CPVC) Market? What Was the Capacity, Production Value, Cost and PROFIT of the Chlorinated Polyvinyl Chloride (CPVC) Market?
- What Is the Current Market Status of the Chlorinated Polyvinyl Chloride (CPVC) Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Chlorinated Polyvinyl Chloride (CPVC) Market by Considering Applications and Types?
- What Are Projections of the Global Chlorinated Polyvinyl Chloride (CPVC) Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Chlorinated Polyvinyl Chloride (CPVC) Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Chlorinated Polyvinyl Chloride (CPVC) Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Chlorinated Polyvinyl Chloride (CPVC) Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Chlorinated Polyvinyl Chloride (CPVC) Industry?
Click Here to Get a Free Sample Report of the Global Chlorinated Polyvinyl Chloride (CPVC) Market @ https://www.custommarketinsights.com/report/chlorinated-polyvinyl-chloride-cpvc-market/
Reasons to Purchase Chlorinated Polyvinyl Chloride (CPVC) Market Report
- Chlorinated Polyvinyl Chloride (CPVC) Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Chlorinated Polyvinyl Chloride (CPVC) Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Chlorinated Polyvinyl Chloride (CPVC) Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Chlorinated Polyvinyl Chloride (CPVC) Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Chlorinated Polyvinyl Chloride (CPVC) market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
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What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Chlorinated Polyvinyl Chloride (CPVC) market analysis.
- The competitive environment of current and potential participants in the Chlorinated Polyvinyl Chloride (CPVC) market is covered in the report, as well as those companies' strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Chlorinated Polyvinyl Chloride (CPVC) market should find this report useful. The research will be useful to all market participants in the Chlorinated Polyvinyl Chloride (CPVC) industry.
- Managers in the Chlorinated Polyvinyl Chloride (CPVC) sector are interested in publishing up-to-date and projected data about the worldwide Chlorinated Polyvinyl Chloride (CPVC) market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Chlorinated Polyvinyl Chloride (CPVC) products' market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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