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Report overview
Chlorinated polyvinyl chloride pipe, more commonly known as CPVC pipe,is a plumbing material made of highly durable thermoplastic, CPVC. 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. A Fittings is used in pipe systems to connect straight pipe or tubing sections, adapt to different sizes or shapes and for other purposes, such as regulating (or measuring) fluid flow. CPVC Fittings is mainly also made by CPVC resin
Market Analysis and Insights: Global Chlorinated Polyvinyl Chloride (CPVC) Pipes Market
Due to the COVID-19 pandemic, the global Chlorinated Polyvinyl Chloride (CPVC) Pipes market size is estimated to be worth US$ 1081.8 million in 2023 and is forecast to a readjusted size of US$ 2006 million by 2030 with a CAGR of 10.8% during the forecast period 2023-2030.
Fully considering the economic change by this health crisis, Extrusion PVC accounting for % of the Chlorinated Polyvinyl Chloride (CPVC) Pipes global market in 2022, is projected to value US$ million by 2030, growing at a revised % CAGR from 2023 to 2030. While Hot and Cold Water Distribution segment is altered to an % CAGR throughout this forecast period.
CPVC pipe and fittings have been widely used in household and commercial places. Among those applications, Hot and Cold Water Distribution accounted for the largest share, which was 35% in 2019.
Lubrizol plays a key role in the CPVC pipe and fitting market because of its largest share in supplying CPVC compounds. The company chooses to engage in the industry through license. That means Lubrizol usually supplies their CPVC compounds to specific companies and those companies then produce pipe and fittings, and market these products under the brand of Lubrizol. Lubrizol has great reputation in the CPVC pipe and fitting industry.
The global CPVC pipe & fitting consumption is mainly concentrated in Asia for the time being. In 2019, Asia contributed about 46% consumption share followed by Europe, with the consumption share of 22.8%.
Global Chlorinated Polyvinyl Chloride (CPVC) Pipes Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the markets growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2018 to 2030. This section mentions the volume of production by region from 2018 to 2030. Pricing analysis is included in the report according to each type from the year 2018 to 2030, manufacturer from 2018 to 2023, region from 2018 to 2023, and global price from 2018 to 2030.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert?s opinions have been taken to understand the market better.
Global Chlorinated Polyvinyl Chloride (CPVC) Pipes Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2018 to 2030. by Application segment also provides consumption during the forecast period of 2018 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Segment by Application
By Company
Production by Region
Consumption by Region
