Chlorinated Polyvinyl Chloride Market by Form, Production Process, Grade

Description

List of Tables

[180 Pages Report] The Chlorinated Polyvinyl Chloride Market size was estimated at USD 3.45 billion in 2023 and expected to reach USD 3.72 billion in 2024, at a CAGR 8.15% to reach USD 5.98 billion by 2030.

Chlorinated polyvinyl chloride (CPVC) is a thermoplastic polymer material synthesized through the process of post-chlorination of polyvinyl chloride (PVC) resin. CPVC exhibits superior characteristics such as high heat resistance, low flammability, chemical inertness, and excellent corrosion resistance. The surge in demand for residential housing buildings globally, which expands the need for efficient plumbing solutions, is driving the usage of CPVC. In addition, governments are continuously enacting stringent regulations around water management systems to ensure better resilience against climate change impacts, thereby creating a platform for market growth. Fluctuations in PVC resin materials and environmental concerns associated with the production of CPVC hampers market growth. The development of sustainable manufacturing processes that mitigate environmental hazards and rising research in improving the recyclability of CPVC material is expected to create opportunities for market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 3.45 billion
Estimated Year [2024]	USD 3.72 billion
Forecast Year [2030]	USD 5.98 billion
CAGR (%)	8.15%

Form: Expanding the scope of CPVC pellets for automotive, and industrial equipment manufacturing

CPVC pellets are small, cylindrical granules made through a compounding process that combines PVC resin with chlorine. These pellets are the preferred form for injection molding and extrusion applications as they offer superior flow properties and consistent quality control. Industries such as construction, automotive, and industrial equipment manufacturing often favor CPVC pellets for pipe fittings, valves, and fire sprinkler systems.CPVC powder is produced by grinding or spray-drying chlorinated PVC resins into fine particles. This form offers an advantage when coating and bonding applications are required, particularly where thicker coatings are necessary.

Production Process: Rising usage aqueous suspension method for its cost-effectiveness, environmental benefits, and scalability

The aqueous suspension method is a widely used technique for producing chlorinated polyvinyl chloride (CPVC) by suspending PVC resin in water with the aid of appropriate emulsifiers and stabilizers. The suspension is then exposed to chlorine gas, leading to the chlorination of PVC. This method is popular due to its scalability, environmental friendliness, and cost-effectiveness. The solid phase method involves chlorinating PVC in a solid state under controlled temperature conditions without using solvents or suspending agents. This process results in a higher degree of chlorination compared to other methods and offers certain advantages, such as a reduced environmental impact due to the minimal use of chemicals. The solvent method involves dissolving PVC in a suitable organic solvent followed by the addition of chlorine gas. This results in the formation of CPVC, which is then precipitated and separated from the solvent. With this method, it is possible to achieve high degrees of chlorination, but it has a higher environmental impact due to the use of hazardous solvents.

Grade: Emerging application of extrusion grade CPVC excels in producing large-scale piping systems with challenging environments

The extrusion grade CPVC is primarily used for manufacturing pipes, tubes, and fittings for applications that require enhanced thermoplastic properties. Industries such as water supply, wastewater management, chemical processing, HVAC systems, fire sprinkler systems, and power plants benefit from this grade's excellent performance in handling aggressive fluids at elevated temperatures. Injection grade CPVC is designed for producing complex components through injection molding processes that demand superior chemical resistance and dimensional stability. This grade is widely used in industries such as automotive, electrical, industrial machinery, and medical equipment for manufacturing parts such as valves, connectors, filters, and housing components.

Regional Insights

Rapid urbanization with increasing construction activities, which leads to a higher demand for water supply systems and sewage drainage infrastructure, is benefiting market growth in Asia-Pacific. Major players in the Americas CPVC market are actively engaging in strategic partnerships and adopting innovative approaches to introduce CPVC with higher temperature resistance and lower cost. Emerging economies such as China, India, Brazil, and Southeast Asian countries offer immense opportunities for CPVC producers due to rapid urbanization and industrial development. Infrastructure projects in these regions require affordable and durable materials such as CPVC that withstand harsh conditions without compromising performance. The emerging trend of smart cities in Brazil, India, Canada, and Malaysia is expected to create a platform for the CPVC market.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Chlorinated Polyvinyl Chloride Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Chlorinated Polyvinyl Chloride Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Chlorinated Polyvinyl Chloride Market, highlighting leading vendors and their innovative profiles. These include AKG Group of Companies, Al Waab Plastics, FlowGuard Plus, Formosa Plastics Corporation, GEON Performance Solutions, Hanwha Solutions Corporation, Heap Wah Enterprise Sdn. Bhd., Jiangsu Tianteng Chemical Industry, KANEKA CORPORATION, Kem One SAS, Kothari Group, Lubrizol Corporation, Meghmani Finechem Limited, Platinum Industries Limited, PolyOne Corporation, Polytech Plastics, Qatar National Plastic Factory, Sekisui Chemical Co., Ltd., Shandong Novista Chemicals Co.,Ltd (Novista Group), Shandong Xiangsheng New Materials Technology, Shin-Etsu Chemical Co. Ltd., SHREE BALAJEE ENTERPRISES, Shriram PolyTech Ltd., UNITECH PVC Pipes, and Westlake Corporation.

Market Segmentation & Coverage

This research report categorizes the Chlorinated Polyvinyl Chloride Market to forecast the revenues and analyze trends in each of the following sub-markets:

Form
- Pellet
- Powder

Production Process
- Aqueous Suspension Method
- Solid Phase Method
- Solvent Method

Grade
- Extrusion
- Injection

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Chlorinated Polyvinyl Chloride Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Chlorinated Polyvinyl Chloride Market?

3. What are the technology trends and regulatory frameworks in the Chlorinated Polyvinyl Chloride Market?

4. What is the market share of the leading vendors in the Chlorinated Polyvinyl Chloride Market?

5. Which modes and strategic moves are suitable for entering the Chlorinated Polyvinyl Chloride Market?

Product Code: MRR-CF6C60CF959D

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing infrastructure development coupled with rapid urbanization
  - 5.1.1.2. Rise in demand for chlorinated polyvinyl chloride in the adhesives & coatings industry
  - 5.1.1.3. Growing emphasis on sustainable practices across the world
- 5.1.2. Restraints
  - 5.1.2.1. High cost associated with chlorinated polyvinyl chloride
- 5.1.3. Opportunities
  - 5.1.3.1. Increasing demand for wastewater treatment globally
  - 5.1.3.2. Rise in retrofitting and upgrading of existing infrastructure
- 5.1.4. Challenges
  - 5.1.4.1. Availability of alternative materials
5.2. Market Segmentation Analysis
- 5.2.1. Form: Expanding the scope of CPVC pellets for automotive, and industrial equipment manufacturing
- 5.2.2. Production Process: Rising usage aqueous suspension method for its cost-effectiveness, environmental benefits, and scalability
- 5.2.3. Grade: Emerging application of extrusion grade CPVC excels in producing large-scale piping systems with challenging environments
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Chlorinated Polyvinyl Chloride Market, by Form

6.1. Introduction
6.2. Pellet
6.3. Powder

7. Chlorinated Polyvinyl Chloride Market, by Production Process

7.1. Introduction
7.2. Aqueous Suspension Method
7.3. Solid Phase Method
7.4. Solvent Method

8. Chlorinated Polyvinyl Chloride Market, by Grade

8.1. Introduction
8.2. Extrusion
8.3. Injection

9. Americas Chlorinated Polyvinyl Chloride Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Chlorinated Polyvinyl Chloride Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Chlorinated Polyvinyl Chloride Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. Grasim, Lubrizol to begin work on Vilayat CPVC resin plant by end of 2023
- 12.3.2. Epigral expands into CPVC compounding
12.4. Strategy Analysis & Recommendation

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio