Europe Chlorinated Polyvinyl Chloride Market Size, Share & Trends Analysis Report By Grade, By Form, By Sales Channel, By Production Process, By Application, By End User, By Country and Growth Forecast, 2024 - 2031

Europe Chlorinated Polyvinyl Chloride Market Size, Share & Trends Analysis Report By Grade, By Form, By Sales Channel, By Production Process, By Application, By End User, By Country and Growth Forecast, 2024 - 2031

The Europe Chlorinated Polyvinyl Chloride Market would 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 would continue to be 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 would 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.

Based on Grade, the market is segmented into Extrusion Grade and Injection Grade. Based on Form, the market is segmented into Powder and Pellet. Based on Sales Channel, the market is segmented into Direct and Indirect. Based on Production Process, the market is segmented into Aqueous Suspension Method, Solid Phase Method, and Solvent Method. Based on Application, the market is segmented into Pipes & Fittings, Fire Sprinkler Systems, Adhesives & Coatings, and Power Cable Casing. Based on End User, the market is segmented into Construction, Electrical & Electronics, Chemical, Agriculture, Healthcare, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

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

Europe Chlorinated Polyvinyl Chloride Market Report Segmentation

By Grade (Volume, Kilo Tonnes, USD Bilion, 2020-2031)

• Extrusion Grade
• Injection Grade

By Form (Volume, Kilo Tonnes, USD Bilion, 2020-2031)

• Powder
• Pellet

By Sales Channel (Volume, Kilo Tonnes, USD Bilion, 2020-2031)

• Direct
• Indirect

By Production Process (Volume, Kilo Tonnes, USD Bilion, 2020-2031)

• Aqueous Suspension Method
• Solid Phase Method
• Solvent Method

By Application (Volume, Kilo Tonnes, USD Bilion, 2020-2031)

• Pipes & Fittings
• Fire Sprinkler Systems
• Adhesives & Coatings
• Power Cable Casing

By End User (Volume, Kilo Tonnes, USD Bilion, 2020-2031)

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

By Country (Volume, Kilo Tonnes, USD Bilion, 2020-2031)

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