Global Chlorinated Polyvinyl Chloride Market 2019-2026 grow at 12.1 % CAGR

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• Global Chlorinated Polyvinyl Chloride Market
  2019-2026 grow at 12.1 CAGR
• The global chlorinated polyvinyl chloride market
  was valued at USD 2.23 billion in 2018 and is
  expected to reach USD 4.69 billion in 2026,
  growing at a CAGR of 9.5 during the forecast
  period.
• By Application
• Pipe and Pipe Fittings, Coatings and Adhesives,
  Power Cable Casing, Others,
• Company Profiles and Competitive Intelligence
• The major players operating in the global
  chlorinated polyvinyl chloride market are BASF SE
  (Germany), PolyOne Corporation (US), The
  Lubrizol Corporation (US), Kem One SAS (France),
  SEKISUI CHEMICAL CO., LTD. (Japan) and Other
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• Significant applications of chlorinated
  polyvinyl chloride pipe fittings in residential
  sector drive the global market growth
• Chlorinated polyvinyl chloride is produced by a
  post-chlorination process that increases the
  chlorine content from 57.4 in PVC to as much as
  70. This modification increases the glass
  transition temperature and improves mechanical
  properties at elevated temperatures. The
  additional chlorine content also imparts improved
  flame and smoke characteristics.
• The solvent method segment expected to grow at
  the fastest rate of 12.1 CAGR during the
  forecast period
• Based on the process, the global chlorinated
  polyvinyl chloride market has been segmented into
  solvent method, solid-phase method, and aqueous
  suspension method. The solvent method segment is
  projected to be the fastest growing segment in
  the chlorinated polyvinyl chloride market during
  the forecast period. This is majorly due to its
  several advantageous factors, such as it is
  considered as the easiest and fastest method for
  joining pipes. After its application on to the
  product, it offers extremely high-strength to the
  end-product. Owing to these factors, the demand
  for solvent method is increasing in chlorinated
  polyvinyl chloride market.
• Along with this, with many other pipe materials,
  slight corrosion may occur. The corroded
  particles can contaminate the piped fluid,
  complicating further processing, or causing a bad
  taste, odours, or discoloration. This is
  particularly undesirable when the piped fluid is
  for domestic consumption. With chlorinated
  polyvinyl chloride, there are no corrosive
  by-products therefore, no contamination of the
  piped fluids. Moreover, the installed cost of
  chlorinated polyvinyl chloride is much lower
  than any other water supply pipe material and it
  has consistently shown better price stability
  and availability since its introduction. These
  are some of the major factors that propel the
  demand for chlorinated polyvinyl chloride piping
  systems in residential sector.
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• In May 2019, The Lubrizol Corporation announced
  the addition of FlowGuard MultiPort in its
  FlowGuard Gold chlorinated polyvinyl chloride
  plumbing systems family.
• In February 2017, The Lubrizol Corporation signed
  a partnership agreement with FinOlex Industries
  Limited. Through this agreement, the companies
  will manufacture and sale FinOlex FlowGuard Plus
  chlorinated polyvinyl chloride pipes and fittings
  in India.
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