The Europe Chlorinated Polyvinyl Chloride Market is projected to witness market growth of 10.1% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 132.54 kilo tonnes, showcasing a growth of 29.6% (2020-2024).
Chlorinated Polyvinyl Chloride (CPVC) is widely used in fire sprinkler systems due to its excellent fire resistance and durability. CPVC pipes and fittings are preferred over traditional materials like steel or copper in these applications because they are lightweight, easy to install, and resistant to corrosion and scaling. Thus, the Germany market is expected to utilize 22.82 kilo tonnes of CPVC in fire sprinkler system application by 2031.
The Germany market dominated the Europe Chlorinated Polyvinyl Chloride Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $198.4 million by 2031. The UK market is exhibiting a CAGR of 9.1% during (2024 - 2031). Additionally, The France market is projected to experience a CAGR of 11% during (2024 - 2031).
CPVC is extensively utilized in the manufacturing and automotive industries for applications such as chemical processing equipment, automotive components, electrical conduits, and industrial piping systems. Its chemical resistance, mechanical strength, and thermal stability make it well-suited for handling corrosive chemicals, high-temperature fluids, and aggressive environments in manufacturing processes and automotive applications.
Additionally, CPVC's electrical insulation properties and flame-retardant characteristics make it an ideal material for electrical conduits, cable insulation, and wire harnesses in electrical and electronics applications.
As the chemical sector in the EU expands, there is a growing need for materials that can withstand harsh chemical environments. CPVC, with its excellent chemical resistance properties, has become a preferred choice for various applications within the chemical industry. This covers building storage tanks, pipes, and other infrastructure when frequent contact with caustic chemicals occurs. The EU has stringent regulations governing the chemicals used in industrial processes. CPVC is known for its compliance with these regulations, including REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) regulations.
Chlorinated Polyvinyl Chloride (CPVC) is widely used in fire sprinkler systems due to its excellent fire resistance and durability. CPVC pipes and fittings are preferred over traditional materials like steel or copper in these applications because they are lightweight, easy to install, and resistant to corrosion and scaling. Thus, the Germany market is expected to utilize 22.82 kilo tonnes of CPVC in fire sprinkler system application by 2031.
The Germany market dominated the Europe Chlorinated Polyvinyl Chloride Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $198.4 million by 2031. The UK market is exhibiting a CAGR of 9.1% during (2024 - 2031). Additionally, The France market is projected to experience a CAGR of 11% during (2024 - 2031).
CPVC is extensively utilized in the manufacturing and automotive industries for applications such as chemical processing equipment, automotive components, electrical conduits, and industrial piping systems. Its chemical resistance, mechanical strength, and thermal stability make it well-suited for handling corrosive chemicals, high-temperature fluids, and aggressive environments in manufacturing processes and automotive applications.
Additionally, CPVC's electrical insulation properties and flame-retardant characteristics make it an ideal material for electrical conduits, cable insulation, and wire harnesses in electrical and electronics applications.
As the chemical sector in the EU expands, there is a growing need for materials that can withstand harsh chemical environments. CPVC, with its excellent chemical resistance properties, has become a preferred choice for various applications within the chemical industry. This covers building storage tanks, pipes, and other infrastructure when frequent contact with caustic chemicals occurs. The EU has stringent regulations governing the chemicals used in industrial processes. CPVC is known for its compliance with these regulations, including REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) regulations.
List of Key Companies Profiled
- Shriram PolyTech Pvt Ltd.
- Sekisui Chemical Co. Ltd.
- Astral Limited
- DCW Limited
- Lubrizol Corporation (Berkshire Hathaway, Inc.)
- Reliance Industries Limited
- BASF SE
- Hanwha Solutions Chemical Division Corporation (Hanwha Corporation)
- Kaneka Corporation
- Avient Corporation
Market Report Segmentation
By Grade (Volume, Kilo Tonnes, USD Bilion, 2020-2031)- Extrusion Grade
- Injection Grade
- Powder
- Pellet
- Direct
- Indirect
- Aqueous Suspension Method
- Solid Phase Method
- Solvent Method
- Pipes & Fittings
- Fire Sprinkler Systems
- Adhesives & Coatings
- Power Cable Casing
- Construction
- Electrical & Electronics
- Chemical
- Agriculture
- Healthcare
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Europe Chlorinated Polyvinyl Chloride Market by Grade
Chapter 5. Europe Chlorinated Polyvinyl Chloride Market by Form
Chapter 6. Europe Chlorinated Polyvinyl Chloride Market by Sales Channel
Chapter 7. Europe Chlorinated Polyvinyl Chloride Market by Production Process
Chapter 8. Europe Chlorinated Polyvinyl Chloride Market by Application
Chapter 9. Europe Chlorinated Polyvinyl Chloride Market by End User
Chapter 10. Europe Chlorinated Polyvinyl Chloride Market by Country
Chapter 11. Company Profiles
Companies Mentioned
- Shriram PolyTech Pvt Ltd.
- Sekisui Chemical Co. Ltd.
- Astral Limited
- DCW Limited
- Lubrizol Corporation (Berkshire Hathaway, Inc.)
- Reliance Industries Limited
- BASF SE
- Hanwha Solutions Chemical Division Corporation (Hanwha Corporation)
- Kaneka Corporation
- Avient Corporation
Methodology
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