Chlorinated Polyvinylchloride (CPVC) is a thermoplastic material that is used in the production of pipes, fittings, and other items used in the plumbing and construction industries. CPVC is a chlorine-based material that is produced by combining polyvinyl chloride (PVC) and chlorine, resulting in material with increased strength and heat resistance compared to PVC. CPVC is commonly used in hot and cold water systems, and is resistant to corrosion, scaling, and buildup. It is also a more cost-effective option compared to other materials, such as copper.
CPVC is becoming increasingly popular around the world due to its durability and affordability. In the United States, CPVC is the most popular material for plumbing projects, accounting for over 50 percent of the market. It is also used in the construction of commercial and industrial buildings. Additionally, CPVC is becoming popular in other countries, including India, China, and the UK. In China, CPVC is expected to become the most popular material for plumbing and construction projects in the next few years.
The global Chlorinated Polyvinylchloride (CPVC) market was valued at US$ 1759 million in 2022 and is anticipated to reach US$ 3729.9 million by 2029, witnessing a CAGR of 11.2% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Chlorinated Polyvinylchloride (CPVC) Market available at: https://www.themarketreports.com/report/global-chlorinated-polyvinylchloride-cpvc-market-research-report
This report aims to provide a comprehensive presentation of the global market for Chlorinated Polyvinylchloride (CPVC), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Chlorinated Polyvinylchloride (CPVC).
The major global companies of Chlorinated Polyvinylchloride (CPVC) include Lubrizol, Kaneka Chemical, Sekisui Chemical, Gaoxin Chemical, Xuye New Materials, Rester Chemical, Xiangsheng Plastic, Kem One (Klesch Group), Shanghai Chlor-Alkali Chemical, Avient, Sundow Polymers, Novista, Jiangsu Tianteng Chemical, Tianchen Chemical, Hanwha Chemical, Shandong Pujie etc. In 2021, the world’s top three vendors accounted for approximately % of the revenue.
Ask for more details or sample of this report at: https://www.themarketreports.com/report/ask-your-query/1382498
The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479