Chlorinated Polyvinyl Chloride Market Size, Trends, Shares, and Forecast - 2031
Historic Data: 2021-2023 | Base Year: 2024 | Forecast Period: 2025-2031Coverage: Chlorinated Polyvinyl Chloride Market covers analysis By Process (Solvent Method, Solid-Phase Method, Aqueous Suspension Method, and Others), Grade (Injection Grade, Extrusion Grade, and Others), Application (Pipe and Fitments, Fire Sprinkler Systems, Power Cable Casing, Coatings And Adhesives, and Others)
- Report Date : Sep 2025
- Report Code : TIPRE00003675
- Category : Chemicals and Materials
- Status : Upcoming
- Available Report Formats :
- No. of Pages : 150
Analyst Perspective
The global chlorinated polyvinyl chloride market will register a
CAGR of ~11%
. The chlorinated polyvinyl chloride market is driven by various factors, including the thriving construction industry, CPVC's inherent advantages over traditional materials, and its growing demand in specific sectors. CPVC is recyclable and has a longer lifespan than many other materials. This aligns with the growing focus on sustainability in the construction and manufacturing sectors, potentially boosting demand for CPVC as an environmentally conscious choice. The growing construction industry and technological advancements are significant opportunities for growth in the chlorinated polyvinyl chloride market. Environmental concerns, competition from alternatives, and price volatility are significant challenges that may hamper the growth of the chlorinated polyvinyl chloride market.Market Overview
Chlorinated polyvinyl chloride (CPVC) is a specialized form of PVC with added chloride, known for its strength, heat, and corrosion resistance. Its versatile thermoplastic is used mainly in making pipes and fittings. CPVC supports heavy wire loads and is employed in electrical products like conduits, busbars, lighting fixtures, and electronic parts for homes and offices. CPVC is also gaining traction in other sectors like chemical processing, oil and gas, and agriculture. Its high resistance and ability to withstand high temperatures make it suitable for conveying corrosive fluids and handling hot water applications. The growing demand for fire sprinkler systems and industrial coatings further propels the CPVC market. With the continuous advancements in production processes and increasing awareness of its benefits, CPVC is poised for continued growth in the forecasted period.
Market Drivers
- Booming Construction Industry
The global construction industry is on an upswing, fuelled by rapid urbanization, infrastructure development, and rising disposable income, which has increased demand for building materials, including CPVC pipes and fittings. CPVC's superior qualities, like corrosion resistance, flame retardancy, and ease of installation, make it a preferred choice for plumbing systems in residential, commercial, and industrial buildings.
- Advantages over traditional materials
CPVC offers several advantages over traditional materials like metal and galvanized steel pipes. It is lighter, easier to handle, and has better resistance to corrosion and chemicals, which makes CPVC a cost-effective and long-lasting solution for various plumbing adoption, leading to its increased adoption.
Market Segmentation
The chlorinated polyvinyl chloride market is segmented based on process, grade, and application. The chlorinated polyvinyl chloride market is segmented based on process solvent, solid-phase, aqueous suspension, and others. Based on the grade, the market is segmented into injection, extrusion, and others. Based on application, the market is segmented into pipe and fitments, fire sprinkler systems, power cable casing, coatings and adhesives, and others
REGIONAL FRAMEWORK
The report provides a detailed industry overview, which includes qualitative and quantitative information. It gives information on an overview and forecast of the global chlorinated polyvinyl chloride market based on several segments. It also provides market size and forecast estimates from 2021 to 2031 concerning five major regions: Europe, North America, Asia-Pacific (APAC), Middle East & Africa (MEA) and South & Central America. The chlorinated polyvinyl chloride market by region is also sub-segmented by respective countries and segments. The chlorinated polyvinyl chloride market report covers an analysis and forecast of eighteen countries globally and the prevailing trends and opportunities in the region.
The report analyses factors affecting the chlorinated polyvinyl chloride market from both the demand and supply side. Furthermore, it evaluates market dynamics during the forecast period, i.e., drivers, challenges, opportunities, and future trends. The report also provides an extensive Porter's Five Forces analysis highlighting factors affecting these regions' chlorinated polyvinyl chloride market.
MARKET PLAYERS
The reports cover vital organic and inorganic growth strategy developments in the chlorinated polyvinyl chloride market. Various companies concentrate on organic growth strategies such as product launches, approvals, patents, and others. Inorganic growth strategies activities observed in the market were acquisitions, partnerships & collaborations. These activities have paved the way for the development of the business and customer base of market players. The chlorinated polyvinyl chloride market players are anticipated to have lucrative growth opportunities with the global market's rapid urbanization and infrastructure development.
The report includes key companies' profiles, SWOT analysis, and chlorinated polyvinyl chloride market strategies. The report also focuses on leading market players with information including components and services offered, company profiles, financial information for the last three years, and critical development in the past five years.
Below is a list of companies engaged in the chlorinated polyvinyl chloride market.
- Shintech
- IPEX
- Kaneka Corporation
- KEM ONE
- PolyOne
- Shandong
- The Lubrizol Corporation
- Sekisui Chemicals
- Meghmani Finechem
- DCW Ltd
Chlorinated Polyvinyl Chloride Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2024 | US$ XX million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2025 - 2031) | XX% |
| Historical Data | 2021-2023 |
| Forecast period | 2025-2031 |
| Segments Covered |
By Process
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
Market Research & Consulting
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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The List of Companies
1. BASF SE
2. Jiangsu Tianteng Chemical Industry Co., Ltd.
3. KANEKA CORPORATION
4. KEM ONE
5. Panjin Changrui Chemical Industry Co., Ltd.
6. PolyOne
7. SEKISUI CHEMICAL CO.,LTD
8. Shandong Kexing Chemicals Co., Ltd.
9. Shandong Tianchen Chemical Co., Ltd. (Shandong Huayuan Group)
10. The Lubrizol Corporation
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