Chlorinated Polyvinyl Chloride Market Size, Share & Trends Analysis Report By Application (Pipes And Fittings, Fire Sprinkler Systems, Power Cable Casing, Adhesives And Coatings And Others), End-Use Industry (Construction, Chemical, Electrical And Electronics, Healthcare, Agriculture) By Region, And Segment Forecasts, 2023-2031

Report ID : 1523 | Published : 2023-02-20 | Pages: 180 | Format: PDF/EXCEL

The Global Chlorinated Polyvinyl Chloride Market Size is valued at 5.21 billion in 2022 and is predicted to reach 10.03 billion by 2031 at an 7.69% CAGR during the forecast period of 2023-2031.

Chlorinated polyvinyl chloride (CPVC) has several desirable properties, including high strength, high-temperature resistance, good flexibility, corrosion resistance, adequate insulation, flame retardancy, and lightweight.

Chlorinated Polyvinyl Chloride Market

Also, CPVC provides more stability for sustaining wires with large loads. It is applied to electrical products and hides exposed wiring in homes and workplaces. Due to its advantages over other types of polyvinyl chloride, including improved solubility, electrical insulation, thermoplasticity, corrosion resistance, and waterproofness, the demand for it has surged recently in the adhesives and coatings sector.

However, the high cost of CPVC may impede the market's consistent expansion. Due to the high cost of chlorinated polyvinyl chloride, end users are increasingly turning to PVC for various applications, including underground housing wires, plumbing, drainage, and sewage infrastructure, drinking and process water delivery and distribution, and agriculture, livestock, and farm irrigation systems.

Nevertheless, it is projected that the growth of the chlorinated polyvinyl chloride market would be lucrative due to the rising requirement for wastewater treatment and CPVC's resistance to different harmful chemicals utilized in the wastewater treatment process.

Recent Developments:

  • In August 2021, Onefit CPVC piping systems with Corzan® CPVC Technology were introduced by Pipes and Fittings Limited (PPFL), an Indian provider of multi-polymer piping solutions, in collaboration with Lubrizol, the leading producer of CPVC compounds in the world.
  • In December 2019, Three chlorinated polyethylene application systems, including the chlorinated polyethylene reinforced filling design, the chlorinated polyethylene plasticizing system, and the chlorinated polyethylene durable protection system, were introduced by Panjin Changrui Chemical Industry Co., Ltd. 

Competitive Landscape:

Major key players in the chlorinated polyvinyl chloride market are:

  • Shandong Xiangsheng New Materials Technology Co., Ltd.
  • Sundow Polymers Co., Ltd
  • Via Chemical Co., Ltd.,
  • Grasim Industries Limited
  • PolyOne Corporation
  • Reliance Industries Ltd
  • Hangzhou Electrochemical Group Co., Ltd.
  • Shandong Pujie Plastic and Rubber Co.Ltd.
  • Shandong Tianchen Chemical Co., Ltd.
  • Shriram PolyTech
  • Shandong Repolyfine Additives Co., Ltd.
  • The Lubrizol Corporation
  • Jiangsu Tianteng Chemical Industry Co., Ltd.
  • Meghmani Finechem Limited
  • KEM ONE,
  • Hanwha Solutions
  • Shandong Novista Chemicals Co., Ltd
  • MITSUI & CO., LTD.
  • Kunshan Maijisen Composite Materials Co., Ltd

Market Segmentation:

The chlorinated polyvinyl chloride market is segmented into the application and end-user industries. Based on application, the market is categorized into pipes and fittings, fire sprinkler systems, power cable casing, adhesives and coatings and others. Based on the end industry, the market is segmented into construction, chemical, electrical and electronics, healthcare, agriculture, etc.

Based on application, the pipe & fittings segment is a significant contributor to the Chlorinated Polyvinyl Chloride Market. 

The pipe & fittings category is expected to hold a significant share of the global chlorinated polyvinyl chloride market. Water supply and distribution in industrial and home uses, as well as for solar and electric water heaters, all require chlorinated polyvinyl chloride pipes and fittings. These are typically employed in chemical, oil & gas, mining, electrical & electronics, and building & construction sectors. The lightweight, corrosive-free, and long-lasting CPVC pipes and fittings can replace galvanized iron and traditional pipes and fittings. Due to its increased use in residential and commercial applications and capacity to resist higher temperatures than plastic piping systems, CPVC pipes and fittings are in higher demand. For supplying hot and cold water in residential and commercial buildings, CPVC pipes and fittings are superb. They are used in water treatment facilities to convey drinking water. Additionally, inorganic acids and bases used in chemical processing are transported via CPVC pipes and fittings, as are other chemicals and hot corrosive fluids.

The construction segment witnessed growth at a rapid rate.

The construction segment is projected to overgrow in the global chlorinated polyvinyl chloride market. The expansion of the construction sector is driving up demand for CPVC. The government is focusing on the nation's residential and commercial infrastructure, which is also anticipated to have a favorable effect on the market's expansion. Additionally, it is projected that commercial construction will have significant growth during the forecast period. This growth can be ascribed to a rise in the industry, particularly in essential locations such as India and China. As a result, there will be a rise in the demand for CPVC in various commercial applications.

The Asia Pacific chlorinated polyvinyl chloride market holds a significant revenue share.

The Asia Pacific chlorinated polyvinyl chloride market is expected to register the highest market share in revenue shortly. Due to the increasing demand for CPVC pipes in wastewater treatment plants, this region now dominates the global CPVC market. It is predicted to continue doing so over the next ten years. An additional element driving the demand for chlorinated PVC in the area is the expansion of manufacturing and construction facilities. India is an emerging market in South Asia and the Pacific, where the building and construction sector significantly contributes to GDP growth. The residential, commercial, and industrial sectors comprise the building and construction industries. The demand for pipes and fittings used in buildings is rising due to these industries' steady growth throughout the nation. Besides, North America owns the largest share of the CPVC market, followed by Asia-Pacific. The growing demand for CPVC in the pipes, fittings and fire-sprinkler industries is assisting the regional market expansion. Over the anticipated timeframe, the region's need for products is anticipated to be driven by the presence of many significant CPVC manufacturers and the expanding electrical electronics sector in North America.

Chlorinated Polyvinyl Chloride Market Report Scope:

Report Attribute


Market size value in 2022

USD 5.21 billion

Revenue forecast in 2031

USD 10.03 billion

Growth rate CAGR

CAGR of 7.69% from 2023 to 2031

Quantitative units

Representation of revenue in US$ Million, Volume in Kiloton and CAGR from 2023 to 2031

Historic Year

2019 to 2022

Forecast Year


Report coverage

The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends

Segments covered

Application, End-user Industry

Regional scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia

Competitive Landscape

Shandong Xiangsheng New Materials Technology Co., Ltd., Sundow Polymers Co., Ltd, Via Chemical Co., Ltd., ASTRAL LIMITED, Grasim Industries Limited, DCW Ltd., KANEKA CORPORATION, PolyOne Corporation, Reliance Industries Ltd, Hangzhou Electrochemical Group Co., Ltd., Shandong Pujie Plastic and Rubber Co., Ltd., BASF SE, Shandong Tianchen Chemical Co., Ltd., Shriram PolyTech, SEKISUI CHEMICAL CO., LTD., Shandong Repolyfine Additives Co., Ltd., The Lubrizol Corporation, Jiangsu Tianteng Chemical Industry Co., Ltd., Meghmani Finechem Limited, KEM ONE, Hanwha Solutions, Shandong Novista Chemicals Co., Ltd, MITSUI & CO., LTD., and  Kunshan Maijisen Composite Materials Co., Ltd.

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Segmentation of Chlorinated Polyvinyl Chloride Market -

Chlorinated Polyvinyl Chloride Market By Application-

  • Pipes and Fittings
  • Fire Sprinkler Systems
  • Power Cable Casing
  • Adhesives and Coatings
  • Others

Chlorinated Polyvinyl Chloride Market

Chlorinated Polyvinyl Chloride Market By End-user Industry-

  • Construction
  • Chemical
  • Electrical and Electronics
  • Healthcare
  • Agriculture
  • Others

Chlorinated Polyvinyl Chloride Market By Region-

North America-

  • The US
  • Canada
  • Mexico


  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe


  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of the Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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Chlorinated Polyvinyl Chloride Market expected to grow at a 7.69% CAGR during the forecast period of 2023-2031.

Shandong Xiangsheng New Materials Technology Co., Ltd., Sundow Polymers Co., Ltd, Via Chemical Co., Ltd., ASTRAL LIMITED, Grasim Industries Limited, D

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