Chlorinated Polyvinyl Chloride (CPVC) is a thermoplastic material that is commonly used in a variety of construction applications because of its high temperature resistance and chemical resistance. It is a special polymer resin made from the monomer vinyl chloride and formulated with higher chlorine content than Polyvinyl Chloride (PVC). CPVC has superior properties compared to PVC, such as a higher Maximum Use Temperature (MUT), better chemical resistance and higher long-term strength.
CPVC is used in commercial and industrial construction applications such as plumbing, HVAC and electrical systems, especially in areas subject to temperatures as high as 200F. The PVC/CPVC piping systems are used in demanding applications ranging from residential and commercial plumbing to corrosive chemical transportation. It has also been seen as an alternative to metal components in industrial applications.
The global Chlorinated Polyvinyl Chloride (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 Polyvinyl Chloride (CPVC) Market available at: https://www.themarketreports.com/report/global-chlorinated-polyvinyl-chloride-cpvc-market-research-report
This report aims to provide a comprehensive presentation of the global market for Chlorinated Polyvinyl Chloride (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 Polyvinyl Chloride (CPVC).
In Asia-Pacific, Chlorinated Polyvinyl Chloride (CPVC) key players include Lubrizol, Kaneka Chemical, Sekisui Chemical, Gaoxin Chemical, Xuye New Materials, etc. Asia-Pacific top five manufacturers hold a share over 60%. China is the largest market, with a share over 40%.
Ask for more details or sample of this report at: https://www.themarketreports.com/report/ask-your-query/1392059
The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479