Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Chlorinated Polyvinyl Chloride (CPVC) Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Forecasted Market Size and CAGR for the Chlorinated Polyvinyl Chloride (CPVC) Market?
The Chlorinated Polyvinyl Chloride (CPVC) market has been expanding robustly in the past few years. The market size was $4.6 billion in 2024 and is projected to rise to $4.96 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 7.9%.
What Is the Forecasted CAGR for the Chlorinated Polyvinyl Chloride (CPVC) Market by 2029?
The Chlorinated Polyvinyl Chloride (CPVC) market is projected to reach a size of $7.03 billion in 2029, with a compound annual growth rate (CAGR) of 9.1%.
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What Are the Market Drivers in the Chlorinated Polyvinyl Chloride (CPVC) Industry?
The key Drivers in the chlorinated polyvinyl chloride (cpvc) market are:
• Upsurge in the number of building and construction projects
• Chlorinated polyvinyl chloride's characteristics like flexibility, durability, and chemical resistance
• Use of CPVC in plumbing systems for residential and commercial buildings
• CPVC's ability to handle industrial liquids and hot and cold-water supply pipelines
What Is the Segment-Wise Breakdown of the Chlorinated Polyvinyl Chloride (CPVC) Market?
The chlorinated polyvinyl chloride (cpvc)market covered in this report is segmented –
1) By Production Process: Solvent Method, Aqueous Suspension Method, Solid Phase Method, Other Production Process
2) By Grade: Injection Grade, Extrusion Grade
3) By Application: Pipes And Fittings, Fire Sprinkler Systems, Power Cable Casing, Adhesives And Coatings, Other Applications
4) By End User Industry: Construction, Chemical, Electrical And Electronics, Healthcare, Agriculture, Other End User Industries
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Which Emerging Trends Are Driving Growth in the Chlorinated Polyvinyl Chloride (CPVC) Sector?
The key trends in the chlorinated polyvinyl chloride (cpvc) market are:
• Technological advancements are leading growth trends in the CPVC market.
• Companies are focusing on collaborative solutions to consolidate their market presence.
• There is increasing development of facilities to bolster production capacity and meet demand.
• Sustainability and efficient manufacturing processes are significant priorities in the industry.
Which Companies Are Dominating the Chlorinated Polyvinyl Chloride (CPVC) Market in Terms of Revenue?
The key players in the chlorinated polyvinyl chloride (cpvc) market are:
• Lubrizol Corporation
• Jiangsu Tianteng Chemical Industry Co. Ltd.
• Sekisui Chemical Co. Ltd.
• Sundow Polymers Co. Ltd.
• Hanwha Solutions Corporation
• Astral Ltd.
• Shandong Repolyfine Additives Co. Ltd.
• Shriram PolyTech Ltd.
• GEON Performance Solutions
• Henan Bingo Pipeline Co. Ltd.
• Petron Thermoplast LLP
• Diamond Plastics Corporation
• Kaneka Corporation
• Shandong Xiangsheng New Materials Technology Co. Ltd.
• Charlotte Pipe and Foundry Company
• IPEX Inc.
• BASF SE
• Kem One SAS
• Novealis Holdings LLC
• Polyone Corporation
• Jiangsu Days Teng Chemical Co. Ltd.
• Nanya Plastics Corporation
• Panjin Changrui Chemical Industry Co. Ltd.
• Formosa Plastics Corporation
• Gaoxin Chemical Co. Ltd.
• Yuyao XiangSheng Plastic Co. Ltd.
• Shanghai Chlor-Alkali Chemical Co. Ltd.
• Tianchen Chemical Co.Ltd.
• Arkema SA
What Are the Regions Driving Demand in the Chlorinated Polyvinyl Chloride (CPVC) Market?
Asia-Pacific was the largest region in the Chlorinated polyvinyl chloride market in 2024
