The production capacity of Chlorinated Polyvinyl Chloride (CPVC) was 871.52 thousand tonnes in 2021
More focus on R&D of CPVC
CPVC is manufactured by chlorination of PVC polymer, thereby raising the chlorine content from 56% to around 66%. Technology licensing for CPVC resin & compound manufacturing is controlled by Lubrizol, Arkema, Kaneka, and Hanwha Corporation. As mentioned above, companies patent the technology, focusing more on development in this area since competition is low, so the emergence of new players is expected in the future.
Rising Application in Construction Sector
Increasing use of chlorinated polyvinyl chloride in industrial and residential construction activities due to its firm, durable, lightweight, cost-efficient, heat, pressure-resistant, and other versatile characteristics are helping to boost the market growth. In the construction sector, the pipes and fitting segments are dominant due to increased industrial and residential applications and the ability to withstand higher temperatures than plastic pipe systems.
Widespread use in Storage and Distribution of Water
The use of chlorinated polyvinyl chloride in water storage and its distribution can be seen due to its superior qualities like heat resistance, immunity to corrosion by chlorinated water, insulation properties, hydrolysis resistance, resistance to chemical corrosion, and leakage, and potential to reject microbial bacteria during distribution. Moreover, chlorinated polyvinyl chloride pipes are used in cold countries to transport hot water as they can withstand higher temperatures than regular piping without shrinking, dissolving, or breaking.
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Market Segmentation
The global chlorinated polyvinyl chloride market is segmented based on grade, end-use, and regional distribution. Based on grade, the market can be categorized into Pipe & Fitting (Extrusion) Grade, Adhesive Grade, and Sheathing Grade.
Based on the end-use
the market is segmented into Hot Water Pipes/Fittings, Industrial Pipes/Fittings, Fire Sprinkler Pipes/Fittings, and Underground Pipes for Housing Power Cables and Others. Based on region, Asia Pacific dominated the market in 2021 with an overall share of 62.07% on the widespread use and adoption of Chlorinated Polyvinyl Chloride. In the Asia Pacific, China dominates the overall market because of the large construction and production capacities, huge population, and urbanization
Company Profiles
Lubrizol Corporation, Kaneka Corporation, Hanwha Solutions, Sundow Polymers Company Limited, Zhejiang Guxiandao Polyester Dope Dyed yarn Company Limited, Shandong Gaoxin Chemical Company Limited, Novista Chemicals Company Limited and Kem One, are among the major market players in the global platform that lead the market growth of the global chlorinated polyvinyl chloride Market.
Attribute
|
Details
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Production
Capacity in 2021
|
871.52 thousand tonnes
|
Base
Year
|
2021
|
Historical
Years
|
2015 –
2021
|
Estimated
Year
|
2022
|
Forecast
Period
|
2023
– 2035
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Quantitative
Units
|
Revenue in
USD Million, Volume in Thousand Tons
|
Report
Coverage
|
Revenue
forecast, company share and competitive landscape
|
Segments
Covered
|
·
Grade
·
Sales
Channel
·
End
Use
|
Regional
Scope
|
Asia
Pacific; North America; Europe; South America; Middle East & Africa
|
Country
Scope
|
China; United States;
India; Japan; France; Germany; Brazil; Canada; Thailand; South Korea; Saudi
Arabia; South Africa; Argentina; Mexico; Italy; Spain; Iran; Netherlands;
Taiwan; Belgium; Sweden; Austria
|
Key
Companies Profiled
|
Lubrizol Corporation; Kaneka Corporation; Hanwha
Solutions; Sundow Polymers Company Limited; Zhejiang Guxiandao Polyester Dope
Dyed yarn Company Limited; Shandong Gaoxin Chemical Company Limited; Novista
Chemicals Company Limited; Kem One
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Customization
Scope
|
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regional & segment scope.
|
Pricing
and Purchase Options
|
Avail
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|
Delivery
Format
|
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/pdf format on special request)
|