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Injection Grade Chlorinated Polyvinylchloride (CPVC) Resin Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Injection Grade Chlorinated Polyvinylchloride (CPVC) Resin Market SizeAccording to new survey, global Injection Grade Chlorinated Polyvinylchloride (CPVC) Resin market is projected to reach US$ 2410.4 million in 2029, increasing from US$ 988.5 million in 2022, with the CAGR of 13.5% during the period of 2023 to 2029.
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Injection Grade Chlorinated Polyvinylchloride (CPVC) Resin Market
The CPVC resin is made by chlorination modification of PVC resin and is one advanced engineering material. This product is white. The CPVC resin is made by chlorination modification of PVC resin and is one advanced engineering material. This product is white or canary loose grain or powder with no smell, odorless and innocuity. After chlorination, the irregularity of molecular bond of the PVC resin and the polarity of molecular chain increase, the dissolvability and chemical stability of the resin also increase, and accordingly improve the heat resistance and resist the corrosion of acid, caustic, salt and oxidant etc. In addition, it improves the mechanical performance of numerical heat distortion temperature and chlorine content increases from 56.7% to 63-69% and vicat softening temperature from 72-82 °C to 90-125 °C; its highest service temperature can reach 110 °C and long-term service temperature can reach 95 °C. Accordingly, CPVC is one kind of advanced engineering plastic with vast foreground.
Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Injection Grade Chlorinated Polyvinylchloride (CPVC) Resin market research.
Chemical is an important driver of this industry. Emerging economies, particularly in Asia and Latin America, are experiencing rapid industrialization, urbanization, and population growth. This drives the demand for bulk chemicals across various sectors, including construction, automotive, electronics, agriculture, and consumer goods. The rising middle class in these regions is also contributing to increased consumption of chemical products.
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Segment by Type
• High Chlorine
• Low Chloride
Segment by Application
• Pipe
• Pipe Fittings
• Others
By Company
Lubrizol, Kaneka Chemical, Sekisui Chemical, Gaoxin Chemical, Xuye New Materials, Rester Chemical, Xiangsheng Plastic, Kem One (Klesch Group), Shanghai Chlor-Alkali Chemical, Avient, Sundow Polymers, Novista, Jiangsu Tianteng Chemical, Tianchen Chemical, Hanwha Chemical, Shandong Pujie
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