Amit K
South Korea Chlorinated Polyvinyl Chloride (CPVC) Market Driving the Growth, Current Trends
According to a new research report titled Chlorinated Polyvinyl Chloride (CPVC) Market Global Industry Perspective, Comprehensive Analysis And Forecast by 2021 – 2025
This has brought along several changes in This report also covers the impact of COVID-19 on the global market.
The latest report on the Chlorinated Polyvinyl Chloride (CPVC) Market 2021 industry takes a closer look at the value chain assessment for the forecast period, 2021 to 2025.
Chlorinated Polyvinyl Chloride (CPVC) is white or light yellow, non-toxic loose grain or powder. It is a thermoplastic produced by chlorination of polyvinyl chloride (PVC) resin. It is mainly used as a raw material in pipes for supplying hot water, industry, and sprinklers, etc., which require heat resistance.
The Asia-Pacific consumption of chlorinated polyvinyl chloride (CPVC) increases from 178737 MT in 2012 to 223296 MT in 2016, at a CAGR of more than 4.55%. And the Asia-Pacific sales revenue reaches 396.56 Million USD in 2016.
The Asia-Pacific chlorinated polyvinyl chloride (CPVC) consumption market is led by China, holding about 45.14% of consumption market in 2016. India is the second-largest region-wise market. At present, the major manufacturers of chlorinated polyvinyl chloride (CPVC) are concentrated in Lubrizol, Kaneka Chemical, Sekisui Chemical and Gaoxin Chemical. Lubrizol is the world leader and has manufacturing plants in Thailand and India.
CPVC has better mechanical properties, heat resistance, corrosion resistance, electrical properties and flame retardant self-extinguishing properties, and it can be widely used in chemical, construction and other fields to replace wood and steel. The major fields are including pipe, pipe fittings industry, power cable casing industry, coatings and adhesives industry and other industries.
4. The major raw materials for chlorinated polyvinyl chloride (CPVC) are polyvinyl chloride (PVC), chlorine and other auxiliary chemicals. Fluctuations in the price of the upstream product will impact on the production cost of chlorinated polyvinyl chloride (CPVC). The production cost of chlorinated polyvinyl chloride (CPVC) is also an important factor which could impact the price of chlorinated polyvinyl chloride (CPVC).
Asia-Pacific market is expected to witness significant growth on account of rising applications, so in the next few years, CPVC sales will show a trend of steady growth. In 2022 the Asia-Pacific sales of CPVC is estimated to be 272294 MT. On product prices, the slow downward trend in recent years will maintain in the future.
Global Chlorinated Polyvinyl Chloride (CPVC) market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of XX between 2021 and 2025.
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Key Competitors of the Global Chlorinated Polyvinyl Chloride (CPVC) Market are:
Lubrizol, Kaneka Chemical, Sekisui Chemical, Gaoxin Chemical, Xuye New Materials, Panjin Changrui, Xiangsheng Plastic, Shanghai Chlor-Alkali Chemical, Sundow Polymers, Novista, Jiangsu Tianteng Chemical, Tianchen Chemical,
The ‘Global Chlorinated Polyvinyl Chloride (CPVC) Market Research Report’ is a comprehensive and informative study on the current state of the Global Chlorinated Polyvinyl Chloride (CPVC) Market industry with emphasis on the global industry. The report presents key statistics on the market status of the global Chlorinated Polyvinyl Chloride (CPVC) market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
Major Product Types covered are:
Injection Grade
Extrusion Grade
Major Applications of Chlorinated Polyvinyl Chloride (CPVC) covered are:
Pipe, Pipe Fittings Industry
Power Cable Casing Industry
Coatings and Adhesives Industry
Others
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Regional Chlorinated Polyvinyl Chloride (CPVC) Market (Regional Output, Demand & Forecast by Countries):-
North America (United States, Canada, Mexico)
South America ( Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And More.
The research report studies the past, present, and future performance of the global market. The report further analyzes the present competitive scenario, prevalent business models, and the likely advancements in offerings by significant players in the coming years.
Key Questions answered by the Report
- What will be the growth rate of the Global Chlorinated Polyvinyl Chloride (CPVC) Market 2021 for the forecast period 2021 to 2025?
- What will be the market size during this estimated period?
- What will be the growth areas within the market space and where should the participant focus to gain maximum ROI?
- Who are the prominent industries players dominating the Global Chlorinated Polyvinyl Chloride (CPVC) Market and what are their business strategies to stay ahead in the competition against their rivals?
- What are kind of challenges hindering the development of the industry worldwide?
- Competitive landscape of the Global Chlorinated Polyvinyl Chloride (CPVC) Market
- What are the opportunities business owners can rely upon to earn more profits and stay competitive during the estimated period?
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards Global Chlorinated Polyvinyl Chloride (CPVC) market performance
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