Persistence Market Research

Chlorinated Polyvinyl Chloride Market to Witness an Outstanding Growth by 2026

Subtitle: The Chlorinated Polyvinyl Chloride (CPVC) Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

 

New York, NY -- (SBWIRE) -- 03/09/2017 -- Global Chlorinated Polyvinyl Chloride (CPVC) Market: Drivers and Restraints

CPVC resins are primarily used in manufacture of heat resistant pipes. As CPVC replaces copper based pipes. Thus, growing use of CPVC in several applications across diverse industries is expected to drive the growth of global Chlorinated Polyvinyl Chloride (CPVC) market during the forecast period. One of the major applications of CPVC is that it is used in fire sprinklers. Increasing safety regulations and increasing use of fire sprinklers across the globe are expected to drive the growth of global chlorinated polyvinyl chloride (CPVC) market during the forecast period. Also, CPVC pipes are relatively less expensive as compared to metal pipes. Thus, there is a shift towards the use of relatively cheaper yet effective and durable CPVC pipes & fittings. However, brittle nature of the pipes manufactured using CPVC and relatively higher cost of repairs associated with leak damages in case of CPVC pipes are expected to result in increasing demand for alternative materials.

Global Chlorinated Polyvinyl Chloride (CPVC) Market: Regional Outlook

The global chlorinated polyvinyl chloride market is segmented into seven key regions such as North America, Latin America, Western Europe, Eastern Europe, Middle East and Africa, Asia-Pacific excluding Japan and Japan. Among the aforementioned regions North America accounts for major share in global chlorinated polyvinyl chloride market value. However developing countries in Asia-Pacific region are expected to drive the CPVC market growth during the forecast period. Increasing constructions and manufacturing units in these developing countries are expected to n turn result in increasing demand for chlorinated polyvinyl chloride products in these regions during the forecast period. Asia-Pacific market is followed by Europe and Latin America CPVC markets during the forecast period.

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Global Chlorinated Polyvinyl Chloride (CPVC) Market: Market Players

Some of the identified major players operating in the global chlorinated polyvinyl chloride market are as follows:

The Lubrizol Corporation
SEKISUI CHEMICAL CO., LTD.
BASF AG
Kem One SAS
Kaneka Corporation
PolyOne Corporation
Jiangsu days Teng Chemical Co., Ltd
Shandong Kexing Chemical Co., Ltd.
Shandong Tianchen Chemical Co., Ltd.
Panjin Changrui Chemical Industry Co., Ltd.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, and applications.

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