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Chlorinated Polyvinyl Chloride Pipe (CPVC) is a plumbing material made of a highly durable thermoplastic. CPVC more efficient in terms of flexibility & temperature compared to standard PV. It has excellent corrosion resistance even at a higher temperature. To connect straight pipe or tubing sections a CPVC fitting is used with different sizes or shapes for regulating fluid flow. Global Demand for Chlorinated Polyvinyl Chloride Pipes has risen significantly since 2011, especially in developing countries. According to research Global Chlorinated Polyvinyl Chloride Pipe (CPVC) Market is valued at USD 1971.60 million in 2023.
CPVC Pipes & CPVC Fitting are the main product types analysed in Chlorinated Polyvinyl Chloride Pipe (CPVC) Market report. CPVC Pipes segment leads the market due to high usage compared with the fitting segment. In 2015 CPVC Pipes generated revenue of USD 559.46 million with North America as the market leader. CPVC Pipes Market is thriving primarily because it’s increased use in construction, chemical & heat sensitive applications. As CPVC Fitting is used as a different size pipes connector to regulating fluid flow it is massively used in industrial applications.
Competitive intelligence helps the user to understand the market on a micro level as it places more emphasis on strategies and planning of competitors. Chlorinated Polyvinyl Chloride Pipe (CPVC) Market is low concentrated and shows significant completion due to a large number of new manufacturers. Due to the establishment of new manufacturers in the Asia Pacific especially in China, established players are facing steep competition. Since 2017, raw material supply is disturbed due to trade war & slow economic growth impacting many major Chlorinated Polyvinyl Chloride Pipe (CPVC) Market players.
Application analysis is an integral part of market research as offers in-depth information about product position across different industry. CPVC pipe & fittings are majorly used in chemical processing, industrial manufacturing, wastewater treatment, hot and cold water distribution, fire sprinkler systems. Among these entire applications, fire sprinkler systems segment is expected to show the highest growth rate in upcoming years. As CPVC materials are more resistant to high temperatures, its demand has grown significantly in recent years. Application in Industrial manufacturing has grown by almost 3 % between 2018 to 2023 especially in the Asia Pacific region.
Geographical analysis of the market mainly covers North America, Europe, Asia Pacific & Rest of the World region. Currently, North America leading global CPVC Pipe & Fitting Market followed by Asia Pacific and Europe. Asia Pacific region is expected to show the highest growth rate in the upcoming years due to massive industrialization. Middles East & Africa region also estimated to show better CAGR in a forecasted year than between 2018 to 2023. Global ups and downs impacted supply chain of CPVC pipes market since 2017. US-China trade war with worlds most economies struggling to maintain anticipated growth rate are some major issues impacting CPVC pipes market. Between 2018 to 2023 market has shown an impressive CAGR of 9.4 % but due to these constraints market could show slight lower CAGR of 8.1 % between 2020 to 2027.
Value chain analysis offers in-depth information about value addition at each stage. The study includes drivers and restraints for CPVC Pipe & Fitting Market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. Research report includes major player analysis with shares of each player inside market, growth rate and market attractiveness in different end-users / regions. Research study on CPVC Pipe & Fitting Market helps users to make precise decision in high competitive market scenario to expand market presence and increase their market share.
CPVC Pipe & Fitting Market: Product Type
Global CPVC Pipe & Fitting Market Report: Application
CPVC Pipe & Fitting Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in CPVC Pipe & Fitting Market:
Geographical analysis of CPVC Pipe & Fitting Market:
Global CPVC Pipe & Fitting Market Report delivers a comprehensive analysis of the following parameters:
Base Year Value (2023)
USD 1687.2 million
Forecast Value (2030)
USD 2910.35 million
CAGR (2022 to 2028)
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW
CPVC Pipe & Fitting Market was valued at around USD 1687.2 million in 2023 & estimated to reach USD 2910.35 million by 2030.
CPVC Pipe & Fitting Market is likely to grow at compounded annual growth rate (CAGR) of 8.1% between 2024 to 2030.
Yes, the report includes COVID 19 impact on the market.
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