The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

An increase in the number of building and construction projects is likely to promote innovation in the production of chlorinated polyvinyl chloride CPVC, propelling the market during the forecast period.

The global chlorinated polyvinyl chloride CPVC market is expected to grow from $3.83 billion in 2022 to $4.21 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The global chlorinated polyvinyl chloride (CPVC) market size is expected to reach $5.93 billion in 2027 at a CAGR of 8.9%.

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Global Chlorinated Polyvinyl Chloride CPVC Market Segments Include:

• By Production Process: Solvent Method, Aqueous Suspension Method, Solid Phase Method, Other Production Process
• By Grade: Injection Grade, Extrusion Grade
• By Application: Pipes And Fittings, Fire Sprinkler Systems, Power Cable Casing, Adhesives And Coatings, Other Applications
• By End User Industry: Construction, Chemical, Electrical And Electronics, Healthcare, Agriculture, Other End User Industries
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global chlorinated polyvinyl chloride CPVC market in 2021.

Major Market Players in the chlorinated polyvinyl chloride CPVC market include Lubrizol Corporation, Jiangsu Tianteng Chemical Industry Co. Ltd., Sekisui Chemical, Sundow Polymers Co Ltd., Hanwha Solutions Corporation, Astral Ltd.

Technological developments are a prominent trend in the chlorinated polyvinyl chloride market. Major players in the chlorinated polyvinyl chloride market are focusing on providing technologically sophisticated solutions to increase their market position. For example, in August 2021, Prince Pipes and Fittings Limited (PPFL), an India-based plastic pipe manufacturing company, launched Prince OneFit with Corzan, a new breakthrough CPVC technology developed in collaboration with Lubrizol, a US-based CPVC compound maker. Corzan CPVC technology is a high-performance piping technology that can transport harsh chemicals at high temperatures without fear of corrosion, making it ideal for demanding processing applications. It is a cost-effective alternative to metal pipes that is resistant to internal and external corrosion, heat, UV rays, flame, smoke, pressure, and impact.

The Chlorinated Polyvinyl Chloride CPVC Global Market Report 2023  provides a chlorinated polyvinyl chloride CPVC market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The chlorinated polyvinyl chloride CPVC market forecast analyzes chlorinated polyvinyl chloride CPVC market size, chlorinated polyvinyl chloride CPVC market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Chlorinated polyvinyl chloride (CPVC) is a high-temperature thermoplastic created by chlorinating polyvinyl chloride (PVC) resin. CPVC materials have great mechanical strength, impact resistance, and flame retardancy, making them ideal for plumbing applications in residential, commercial, and industrial structures.

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