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Chlorinated Polyvinyl Chloride (CPVC) Market Size, Share, Regional Overview and Global Forecast To 2033
Chlorinated Polyvinyl Chloride (CPVC) Market Size
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Increasing Building And Construction Projects Boosts Growth In Chlorinated Polyvinyl Chloride Market
An upsurge in the number of building and construction projects is expected to propel the growth of the chlorinated polyvinyl chloride market going forward. Building and construction projects refer to the planned process of constructing, renovating, refurbishing, retrofitting, or modifying a structure or other constructed asset. Chlorinated polyvinyl chloride is primarily used in building and construction projects due to its flexibility, durability, chemical resistance, and ability to handle high temperatures in plumbing systems for residential and commercial buildings. Additionally, it handles industrial liquids as well as hot and cold-water supply pipelines. For instance, in July 2021, according to the Department for Levelling 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. Further, compared to the prior year, building and construction in London significantly increased in 2021, rising by 18 % to 14,530. Therefore, the upsurge in the number of building and construction projects is driving the growth of the chlorinated polyvinyl chloride market.
Technological Advancements Reshaping The Chlorinated Polyvinyl Chloride Market
Technological advancements are a key trend gaining popularity in the chlorinated polyvinyl chloride market. Major companies operating in the chlorinated polyvinyl chloride market are focused on developing technologically advanced solutions to strengthen their position in the market. For instance, in August 2021, Prince Pipes and Fittings Limited (PPFL), an India-based plastic pipe manufacturing company launched Prince OneFit with Corzan, a new innovative CPVC technology, in partnership with Lubrizol, a US-based manufacturer of CPVC compounds. Corzan CPVC technology is a high-performance piping technology that can transport harsh chemicals at high temperatures without corrosion concerns, making it suitable for tough processing applications. It is an economical alternative to metal pipes and is resistant to internal and external corrosion, heat, UV resistance, flame, smoke, pressure, and impact.
The chlorinated polyvinyl chloride (cpvc) market covered in this report is segmented -
1) By Production Process: Solvent Method, Aqueous Suspension Method, Solid Phase Method, Other Production Process
2) By Grade: Injection Grade, Extrusion Grade
3) By Application: Pipes And Fittings, Fire Sprinkler Systems, Power Cable Casing, Adhesives And Coatings, Other Applications
4) By End User Industry: Construction, Chemical, Electrical And Electronics, Healthcare, Agriculture, Other End User Industries
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Major companies operating in the chlorinated polyvinyl chloride (cpvc) market report are Lubrizol Corporation, Jiangsu Tianteng Chemical Industry Co. Ltd., Sekisui Chemical Co. Ltd., Sundow Polymers Co. Ltd., Hanwha Solutions Corporation, Astral Ltd., Shandong Novista Chemicals Co. Ltd., Shandong Repolyfine Additives Co. Ltd., Shandong Tianchen Chemical Co. Ltd., Shriram PolyTech Ltd., GEON Performance Solutions, Henan Bingo Pipeline Co. Ltd., Petron Thermoplast LLP, Diamond Plastics Corporation, Kaneka Corporation, Shandong Xiangsheng New Materials Technology Co. Ltd., Charlotte Pipe and Foundry Company, IPEX Inc., BASF SE, Kem One SAS, Novealis Holdings LLC, Polyone Corporation, Jiangsu Days Teng Chemical Co. Ltd., Nanya Plastics Corporation, Panjin Changrui Chemical Industry Co. Ltd., Formosa Plastics Corporation, Axiall Corporation (Westlake Chemical Corporation), Gaoxin Chemical Co. Ltd., Shandong Xuye New Materials Co.Ltd., Yuyao XiangSheng Plastic Co. Ltd., Shanghai Chlor-Alkali Chemical Co. Ltd., Tianchen Chemical Co.Ltd., Arkema SA
Contents of the report:
1. Executive Summary
2. Chlorinated Polyvinyl Chloride (CPVC) Market Report Structure
3. Chlorinated Polyvinyl Chloride (CPVC) Market Trends And Strategies
4. Chlorinated Polyvinyl Chloride (CPVC) Market - Macro Economic Scenario
5. Chlorinated Polyvinyl Chloride (CPVC) Market Size And Growth
…..
27. Chlorinated Polyvinyl Chloride (CPVC) Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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