- Solvent Method
- Solid-Phase Method
- Aqueous Suspension Method
Chlorinated Polyvinyl Chloride (CPVC) market size was valued at USD 1,312.8 Million in 2022 and is projected to expand at a rate of 10.4% from 2023 to 2029. CPVC is known for its excellent high-temperature performance and other desirable physical properties. Increased demand for CPVC pipes, vessels, valves, fittings, and other items due to advantages over other products. Corrosion resistance, superior hydraulics, high heat tolerances, and superior flame and smoke characteristics are all advantages of CPVC fire sprinkler systems. With these credentials, it's no surprise that fire sprinkler systems have more listings and approvals than any other non-metallic sprinkler system and can be employed in more applications. The market is expected to offer lucrative opportunities in coming years due to the numerous uses of CPVC in various sectors. Furthermore, CPVC pipes are less expensive when compared to metal pipes. As a result, more people are opting for CPVC pipes and fittings, which are less expensive but nonetheless practical and long-lasting. The market has experienced shift towards branded luxury products. Strong branding and regular product campaigning through various forums as well as a large distribution network enables to gain the improve the market share in future.
Chlorinated Polyvinyl Chloride (CPVC) Market Key Developments:
- In Jan 2018, Kaneka Aerospace Composites has bought Henkel Corporation's Composites Portfolio to boost the company's growth, revenue, and market position.
Global Chlorinated Polyvinyl Chloride Cpvc Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
10.4%
Largest Market
North America
Fastest Growing Market
Asia-Pacific
Chlorinated Polyvinyl Chloride (CPVC) Market Dynamics
CPVC is most widely used plumbing system across the world owing to superior corrosion resistance, that prevents pitting and scaling regardless of pH or chlorine levels in the water. This offers longer, more reliable service without the risk of copper leaching and subsequent drinking water contamination. Furthermore, the simpler installation with a solvent cement joining system requires only a few low-cost tools, making mains and risers in larger structures more cost-effective. The higher cost of repairs connected with leak damages is expected to hamper the market.
North-America Got Significant Share
Chlorinated Polyvinyl Chloride (CPVC) Market Regional Analysis
The North America Chlorinated Polyvinyl Chloride (CPVC) Market has registered the highest revenue share in 2021 and is expected to continue its dominance in the future owing to its growing demand for products in USA, and Canada. However, developing economies in the Asia Pacific are expected to see a potential opportunity throughout the projection period due to an increase in demand for chlorinated polyvinyl chloride in India, China and emerging countries. Furthermore, the growing demand for CPVC in the construction industries is another factor contributing to the market's growth in the Asia Pacific region.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The chlorinated polyvinyl chloride (CPVC) market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Global Chlorinated Polyvinyl Chloride Cpvc Market Segmentation
By Process
By Application
- Fire Sprinkler Systems
- Pipes & Fitments
- Coatings and Adhesives
- Power Cable Casing
By Production Method
- UV
- Heat
Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
Frequently Asked Questions
The chlorinated polyvinyl chloride (CPVC) market is projected to expand at a CAGR of 10.4% during the forecast period.
Kaneka Corporation, PolyOne Corporation, The Lubrizol Corporation, Hanwha Group, Sekisui Chemical Co., Ltd.
North America is the fastest-growing region for chlorinated polyvinyl chloride (CPVC) market
| 1. Executive Summary |
| 2. Global Chlorinated Polyvinyl Chloride (CPVC) Market Introduction |
| 2.1.Global Chlorinated Polyvinyl Chloride (CPVC) Market - Taxonomy |
| 2.2.Global Chlorinated Polyvinyl Chloride (CPVC) Market - Definitions |
| 2.2.1.Process |
| 2.2.2.Application |
| 2.2.3.Production Method |
| 2.2.4.Region |
| 3. Global Chlorinated Polyvinyl Chloride (CPVC) Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Chlorinated Polyvinyl Chloride (CPVC) Market Analysis, 2018-2022 and Forecast 2023-2029 |
| 4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Chlorinated Polyvinyl Chloride (CPVC) Market By Process, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 5.1. Solvent Method |
| 5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Solid-Phase Method |
| 5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Aqueous Suspension Method |
| 5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6. Global Chlorinated Polyvinyl Chloride (CPVC) Market By Application, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 6.1. Fire Sprinkler Systems |
| 6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Pipes & Fitments |
| 6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Coatings and Adhesives |
| 6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Power Cable Casing |
| 6.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7. Global Chlorinated Polyvinyl Chloride (CPVC) Market By Production Method, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 7.1. UV |
| 7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Heat |
| 7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 8. Global Chlorinated Polyvinyl Chloride (CPVC) Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9. North America Chlorinated Polyvinyl Chloride (CPVC) Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 9.1. Process Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Solvent Method |
| 9.1.2.Solid-Phase Method |
| 9.1.3.Aqueous Suspension Method |
| 9.2. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Fire Sprinkler Systems |
| 9.2.2.Pipes & Fitments |
| 9.2.3.Coatings and Adhesives |
| 9.2.4.Power Cable Casing |
| 9.3. Production Method Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.UV |
| 9.3.2.Heat |
| 9.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10. Europe Chlorinated Polyvinyl Chloride (CPVC) Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 10.1. Process Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Solvent Method |
| 10.1.2.Solid-Phase Method |
| 10.1.3.Aqueous Suspension Method |
| 10.2. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Fire Sprinkler Systems |
| 10.2.2.Pipes & Fitments |
| 10.2.3.Coatings and Adhesives |
| 10.2.4.Power Cable Casing |
| 10.3. Production Method Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.UV |
| 10.3.2.Heat |
| 10.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11. Asia Pacific (APAC) Chlorinated Polyvinyl Chloride (CPVC) Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 11.1. Process Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Solvent Method |
| 11.1.2.Solid-Phase Method |
| 11.1.3.Aqueous Suspension Method |
| 11.2. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Fire Sprinkler Systems |
| 11.2.2.Pipes & Fitments |
| 11.2.3.Coatings and Adhesives |
| 11.2.4.Power Cable Casing |
| 11.3. Production Method Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.UV |
| 11.3.2.Heat |
| 11.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12. Middle East and Africa (MEA) Chlorinated Polyvinyl Chloride (CPVC) Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 12.1. Process Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Solvent Method |
| 12.1.2.Solid-Phase Method |
| 12.1.3.Aqueous Suspension Method |
| 12.2. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Fire Sprinkler Systems |
| 12.2.2.Pipes & Fitments |
| 12.2.3.Coatings and Adhesives |
| 12.2.4.Power Cable Casing |
| 12.3. Production Method Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.UV |
| 12.3.2.Heat |
| 12.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13. Latin America Chlorinated Polyvinyl Chloride (CPVC) Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 13.1. Process Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Solvent Method |
| 13.1.2.Solid-Phase Method |
| 13.1.3.Aqueous Suspension Method |
| 13.2. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Fire Sprinkler Systems |
| 13.2.2.Pipes & Fitments |
| 13.2.3.Coatings and Adhesives |
| 13.2.4.Power Cable Casing |
| 13.3. Production Method Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.UV |
| 13.3.2.Heat |
| 13.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1. Gaoxin Chemical |
| 14.2.2. Kaneka Chemical |
| 14.2.3. Lubrizol |
| 14.2.4. Novista |
| 14.2.5. Panjin Changrui |
| 14.2.6. Sekisui Chemical |
| 14.2.7. Shanghai Chlor-Alkali Chemical |
| 14.2.8. Sundow Polymers |
| 14.2.9. Xiangsheng Plastic |
| 14.2.10. Xuye New Materials |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- Gaoxin Chemical
- Kaneka Chemical
- Lubrizol
- Novista
- Panjin Changrui
- Sekisui Chemical
- Shanghai Chlor-Alkali Chemical
- Sundow Polymers
- Xiangsheng Plastic
- Xuye New Materials