Chlorinated Polyvinyl Chloride Research Report, Share, and Forecast to 2025

Posted by rekha on September 3rd, 2019

Precision Business Insights (PBI) in its report titled “Global Chlorinated Polyvinyl Chloride (CPVC) Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2018 and Forecast 2019-2025” assesses the market performance over six years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

The global chlorinated polyvinyl chloride (CPVC) market was valued at US$ 887.2 Mn in 2018 and growing at a significant CAGR over the forecast period owing to increasing applications of CPVC in various industries such as in commercial fire sprinkler applications, plumbing applications, and industrial process water applications for both hot and cold water drives the growth of the market. Moreover, increasing demand for CPVC pipes and fittings over other products plays significant role in the growth of the chlorinated polyvinyl chloride (CPVC) market. However, relatively higher cost of repairs associated with leak damages and sensitive handling, sunlight, and many chemicals are predicted to hamper the growth of the market.

Global chlorinated polyvinyl chloride (CPVC) market segmented on the basis of process, application, and production method  

For request sample: https://www.precisionbusinessinsights.com/request-sample/?product_id=36203

           

Pipes & Fitments segment accounted for higher revenue share

Based on application, global chlorinated polyvinyl chloride (CPVC) market segmented into fire sprinkler systems, pipes & fitments, coatings & adhesives, and power cable casing. Pipes & fitments segment market accounted for larger revenue share in 2018 and projected to dominate over the forecast period owing to increasing demand for pipes and fittings across the globe drives the growth of the market over the forecast period. However, hard or liable nature of the CPVC pipes and relatively higher cost of repairs those associated with leak damages in case of CPVC pipes are expected to result in increasing demand for alternative materials.

North America leads the Global Chlorinated Polyvinyl Chloride (CPVC) Market

 

PBI’s global chlorinated polyvinyl chloride (CPVC) market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. According to regional analysis, North America accounted for larger revenue share in 2018 and the same trend is projected to follow over 2019-2025 owing increasing demand for CPVC products in the region for both hot and cold water purpose. Asia Pacific is expected to grow at highest CAGR owing to increasing constructions and manufacturing units coupled with increasing support from government in towards agricultural usage of CPVC pipes & fittings offers lucrative opportunity for the growth of the market over the forecast years.

Acquisitions & Mergers, strategic alliances and introduction of new technologies are the key strategies adopted by market players

 

Global chlorinated polyvinyl chloride (CPVC) market further reveals that the key player’s increasingly adopting strategies such as acquisitions & mergers, strategic alliance and introduction of new technology in the market to enhance market revenue share and gaining significant geographic presence across the region. For In August 2015, Sekisui Chemicals, a Japan-based chemical company has selected Aconex’s cloud collaboration platform to manage project information and processes associated with its chlorinated polyvinyl chloride (CPVC) project in Thailand.

Key player’s profiles in the report are Kaneka Corporation, PolyOne Corporation, the Lubrizol Corporation, and Sekisui Chemical Co., Ltd., Jiangsu Tianteng Chemical industry Co., Ltd., KEM ONE, Shandong Kexing Chemical Co., Ltd., Shandong Tianchem Chemical Co., Ltd., Shandong Gaoxin Chemical Co., Ltd., Hanwha Group, and Via Chemicals Co., Ltd.

Detailed Segmentation

 

By Process

o  Solvent Method

o  Solid-Phase Method

o  Aqueous Suspension Method

By Application

o  Fire Sprinkler Systems

o  Pipes & Fitments

o  Coatings & Adhesives

o  Power Cable Casing  

By Production Method

o  UV

o  High Pressure Mercury Lamp

o  Halogen Lamp

o  Flash or Pulsed Lamp

o  LEDs

o  LASER Lights

o  Heat 

Geography

 

o     North America

  • U.S
  • Canada

o     Europe

  • Germany
  • France
  • U.K
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

o     Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • Rest of Asia-Pacific

o     Rest of World

  • Brazil
  • Mexico
  • Saudi Arabia
  • Israel
  • Argentina
  • Others

For more information: https://www.precisionbusinessinsights.com/market-reports/global-chlorinated-polyvinyl-chloride-cpvc-market/

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rekha

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rekha
Joined: July 26th, 2019
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