The chlorinated polyvinyl chloride (CPC) market is projected to be valued at US$ 4,565.6 million in 2024. Growing at a CAGR of 5.2% from 2024 to 2034, the market is expected to reach US$ 7,974.0 million by 2034.

The market's growth is driven by CPC's wide range of applications, particularly in building materials. CPC is highly sought after for its enhanced flame retardancy, chemical resistance, and durability, making it a preferred choice for high-performance materials in the construction industry. These properties ensure CPC meets industry standards and continues to drive market expansion.

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Businesses in the CPC industry can benefit from the rising consumer demand for green products by developing innovative new products and expanding their market share through strategic partnerships. The growing emphasis on sustainable practices and evolving applications of CPC present opportunities for companies to thrive in this dynamic sector.

Key Takeaways from the Market Study

Sales of gas-insulated transmission lines were projected to reach US$ 3,697.5 million in 2019.
By 2024, North America is expected to hold a 20.8% market share.
East Asia is anticipated to account for 40.2% of the market by 2024.
The US market is projected to be valued at US$ 735.0 million in 2024, with the market share increasing to 77.4%.
The chlorinated polyvinyl chloride market in China is expected to be valued at US$ 1,060.8 million by 2024, with a projected market share of 57.8%.
The Injection Molding category is expected to hold 58.4% of the market by 2024.
“One of the main factors propelling the market for CPC is the widespread use of chlorinated polyvinyl chloride in building materials. Because it is a versatile polymer, CPC makes a variety of building supplies more durable and resistant to chemicals, which helps to maintain the industry's continuous growth,” remarks a Fact.MR analyst.

Key Companies Profiled in This Report

Jiangsu Tianteng Chemical Industry Co. Ltd.
DCW Ltd
KEM ONE
KANEKA CORPORATION
Shandong Pujie Plastic and Rubber Co. Ltd.
PolyOne Corporation
Sundow Polymers Co. Ltd.
Grasim Industries Limited
Shandong Repolyfine Additives Co. Ltd.
Shriram PolyTech
Competitive Landscape

In an attempt to boost earnings, companies in the worldwide market for chlorinated polyvinyl chloride (CPC) are taking calculated risks. This means focusing on product innovation in order to meet the diverse needs of the company, expanding their market share via mergers and acquisitions, and optimizing manufacturing processes in order to reduce expenses.

Businesses are also emphasizing sustainability measures in order to adhere to environmental regulations and meet the growing demand for eco-friendly solutions. Organizations in the CPC sector work to grow their market share and achieve financial success by maintaining flexibility, adapting to shifting market dynamics, and holding onto a competitive edge in terms of innovation and quality.

Product Portfolio

The 10,000 MT Chlorinated Polyvinyl Chloride (CPVC) expansion project at the Sahupuram Plant in Tamilnadu was completed and put into service by DCW Ltd. in 2023. The company plans to commercialize the extra quantities and progressively increase production. This expansion has resulted in a 20,000 MT total production capability for the company's CPVC Division.
The opening of Kem One's ethylene storage tank, the location of its next membrane electrolysis unit, and the Alcor, one of its two hybrid-powered barges, were celebrated in 2023 at the company's industrial site in Fos-sur-Mer. For these three initiatives, the company's partners and employees joined forces with the municipal authorities in the Southern Region. Kem One has recently undertaken significant projects centered on the Fos-sur-Mer site, with completed or ongoing strategic investments over €200 million.
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More Valuable Insights Available

Fact.MR offers an unbiased analysis of the global chlorinated polyvinyl chloride, providing historical data for 2019 to 2023 and forecast statistics from 2024 to 2034.

To understand opportunities in the chlorinated polyvinyl chloride market, the market is segmented on the basis of grade (injection moulding, extrusion moulding), application (pipes & fittings, cables, adhesives & coatings, others) and region (North America, Europe, Latin America, East Asia, South Asia & Oceania, Middle East & Africa).

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