Africa Chlorinated Polyvinyl Chloride Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[165+ Pages PDF Report] Africa chlorinated polyvinyl chloride market was approximately USD 300 Million in 2019 and is anticipated to reach over USD 850 Million by 2026, at a CAGR of 14% during the forecast period.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the chlorinated polyvinyl chloride industry. The report analyzes and declares the historical and current trends analysis of the chlorinated polyvinyl chloride industry and subsequently recommends the projected trends anticipated to be observed in the chlorinated polyvinyl Chloride Market during the upcoming years.

Key Insights from Primary Research

• As per insights gathered from primary respondents, the Africa chlorinated polyvinyl chloride in Africa is predicted to grow at a CAGR of 14% over the projected period.
• Africa chlorinated polyvinyl chloride is predicted to reach a market value of approximately USD 850 million in 2026, economic growth, and the growing industrial sector are likely to contribute to the growth of the market.
• Based on the process, the aqueous suspension method held the largest market share in the Africa chlorinated polyvinyl chloride, the segment held a share of nearly 60% in the Africa chlorinated polyvinyl chloride in 2019.
• According to our analysts, the primary use of chlorinated polyvinyl chloride is in piping and fitment applications. With the growing chemical and mineral industry in the Africa region, the chlorinated polyvinyl chloride market is expected to foresee new avenues.
• By geography, South Africa held the largest share in the Africa chlorinated polyvinyl chloride in 2019, accounting for a market share of nearly 25% in 2019.

Key Recommendations from Analysts

• As per our analysts, the growing residential and industrial use of chlorinated polyvinyl chloride for piping and fitments has been a primary growth driving factor for the Africa chlorinated polyvinyl chloride market
• Strategic investments in the oil and gas and mining sector in African countries is likely to create new demand for pipes which are chemical resistant, temperature resistance, etc. is likely to increase
• Based on application, the piping and fitments segment dominated the Africa chlorinated polyvinyl chloride market in 2019, accounting for a market share of nearly 65%.        
• According to our chemicals and materials analysts, another key growth driving factor for the Africa chlorinated polyvinyl chloride market is the low cost of chlorinated polyvinyl chloride over other materials
• Demand for chlorinated polyvinyl chloride is also set to foresee a growth due to increasing installation of residential systems such as plumbing, firefighting, etc.

The chlorinated polyvinyl Chloride Market report analyzes and notifies the industry statistics at the regional and country levels in order to acquire a thorough perspective of the entire chlorinated polyvinyl chloride market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the chlorinated polyvinyl chloride industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the chlorinated polyvinyl chloride industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the chlorinated polyvinyl Chloride Market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the chlorinated polyvinyl chloride industry. The chlorinated polyvinyl Chloride Market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the chlorinated polyvinyl chloride sector. Key strategic developments in the chlorinated polyvinyl Chloride Market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the chlorinated polyvinyl Chloride Market are appropriately highlighted in the report.

Report Scope

The chlorinated polyvinyl Chloride Market research report delivers an acute valuation and taxonomy of the chlorinated polyvinyl chloride industry by practically splitting the market on the basis of different types, category and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

Chlorinated polyvinyl chloride is a polyvinyl chloride homopolymer which is subjected to chlorination. Various approaches such as thermal and/or UV energy. can be used for reacting chlorine and PVC together. CPVC is naturally resistant to acids, bases, salt, and alkyl hydrocarbons, all of which seem to be absorbed through metals. This ability of chlorinated polyvinyl chloride has enabled its use in various in commercial and industrial applications. Further, the chemical inertness of chlorinated polyvinyl chloride, when coupled with pressure and temperature resistance properties, can be used in a wide range of industrial as well as chemical applications. Commercialization of chlorinated polyvinyl chloride started in the early 1960s Lubrizol.

Chlorinated polyvinyl chloride is primarily used in piping and filament applications. Due to its chemical inertness and good heat and pressure resistance capabilities, chlorinated polyvinyl chloride pipes are normally used in the chemical industry for the transportation of aggressive chemicals, even if such chemicals are at high temperatures. Another key reason chlorinated polyvinyl chloride pipes are used in the chemical industry are these pipes are corrosion resistant, which gives them the upper hand over metal pipes. This is a key reason that has driven the chlorinated polyvinyl chloride market. However, the high cost associated with repair damages of installed pipes is a factor that restricts chlorinated polyvinyl chloride market growth.

The chlorinated polyvinyl chloride market is segmented based on process and application. On the basis of the process, the market is classified into the solvent method, solid-phase method, and aqueous suspension method. On the basis of application, the market is classified into pipe & fitments, fire sprinkler systems, power cable casing, and coatings and adhesives.

Top Market Players

Some of the essential players operating in the chlorinated polyvinyl Chloride Market, but not restricted to include:

• The Lubrizol Corporation
• Sekisui Chemical Co. Ltd.
• BASF AG
• Kem One SAS
• Kaneka Corporation
• PolyOne Corporation
• Jiangsu days Teng Chemical Co. Ltd
• Shandong Kexing Chemical Co. Ltd.
• Shandong Tianchen Chemical Co. Ltd.
• Panjin Changrui Chemical Industry Co. Ltd.

The taxonomy of the chlorinated polyvinyl chloride market by its scope and segmentation is as follows:

By Process Segmentation Analysis

• Solvent Method
• Solid-Phase Method
• Aqueous Suspension Method

By Applications Segmentation Analysis

• Pipe & fitments
• Fire Sprinkler Systems
• Power cable casing
• Coatings and adhesives

Country Segmentation Analysis

• North America
• Europe
• Asia Pacific
• Latin America