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Chlorinated polyvinyl chloride (CPVC) is a type of plastic material that is derived from polyvinyl chloride (PVC) resin. The PVC resin is primarily composed of polymerized vinyl chloride molecules and is a rigid and brittle material with a high glass transition temperature.

The chlorinated polyvinyl chloride (CPVC) market consists of sales, by entities (organizations, sole traders and partnerships), of chlorinated polyvinyl chloride (CPVC) that is produced by chlorinating PVC resin, which results in a material with higher heat resistance and improved chemical resistance compared to PVC.

The global chlorinated polyvinyl chloride (CPVC) market was valued at $3,120.00 million in 2018 which grew till 2023 at a compound annual growth rate (CAGR) of more than 6.0%.

Growth In The Construction Industry

During the historic period, the growth in the construction industry propelled the growth of the chlorinated polyvinyl chloride (CPVC) market. The construction industry encompasses all activities related to the planning, design, construction and maintenance of buildings, infrastructure and other structures. CPVC is extensively used in the construction industry, providing durable, cost-effective and versatile piping solutions for various plumbing and fluid-handling applications in residential, commercial and industrial settings. For instance, in July 2021, according to the reports shared by the Department for Leveling Up, Housing and Communities (DLUHC), a UK-based government department, construction of residential structures and houses grew by 4% to 49,470 in the UK from 2020 to 2021. Additionally, compared to the prior year, building and construction in London significantly increased in 2021, rising by 18% to 14,530. Therefore, the growing construction industry drove the growth of the chlorinated polyvinyl chloride (CPVC) market.

Expanding Capacity Of CPVC Compounds To Meet Growing Demand And Domestic Supply Needs

Companies in the chlorinated polyvinyl chloride (CPVC) market are expanding their CPVC compounds capacity to capitalize on the growing demand for CPVC due to its superior properties and ease of installation. For instance, in August 2023, Epigral Ltd., an India-based chemical manufacturing company, announced its expansion into CPVC compounds. This expansion is in line with Epigral's earlier commissioning of a CPVC resin capacity of 30,000 TPA (tons per annum). It aims to increase to 75,000 TPA by Q4 FY24. Additionally, it adds to domestic supply volume, thereby contributing to bridging the demand and supply gap in the Indian market.

The global chlorinated polyvinyl chloride (CPVC) market is fairly fragmented, with a large number of small players operating in the market. The top ten competitors in the market made up 21.82% of the total market in 2022.

Chlorinated Polyvinyl Chloride (CPVC) Global Market Opportunities And Strategies To 2033 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global chlorinated polyvinyl chloride (CPVC) market as it emerges from the COVID-19 shut down.

Reasons to Purchase

Where is the largest and fastest-growing market for chlorinated polyvinyl chloride (CPVC)? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The chlorinated polyvinyl chloride (CPVC) market global report from The Business Research Company answers all these questions and many more.

The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider chlorinated polyvinyl chloride (CPVC) market; and compares it with other markets.

The report covers the following chapters

Markets Covered:

Table of Contents

1 Executive Summary

2 Table Of Contents

3 List Of Tables

4 List Of Figures

5 Report Structure

6 Market Characteristics

7 Major Market Trends

8 Chlorinated Polyvinyl Chloride (CPVC) Market - Macro Economic Scenario

9 Global Market Size and Growth

10 Global Chlorinated Polyvinyl Chloride (CPVC) Market Segmentation

11 Chlorinated Polyvinyl Chloride (CPVC) Market, Regional and Country Analysis

12 Asia-Pacific Market

13 Western Europe Market

14 Eastern Europe Market

15 North America Market

16 South America Market

17 Middle East Market

18 Africa Market

19 Competitive Landscape And Company Profiles

20 Competitive Benchmarking

21 Competitive Dashboard

22 Key Mergers And Acquisitions

23 Opportunities And Strategies

24 Chlorinated Polyvinyl Chloride (CPVC) Market, Conclusions And Recommendations

25 Appendix

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