Africa Chlorinated Polyvinyl Chloride Market Predicted to Reach USD 850 Million by 2026

11-Jun-2020 | Facts and Factors

Findings from Facts and Factors report “Africa Chlorinated Polyvinyl Chloride Market By Process (Solvent Method, Solid-Phase Method, and Aqueous Suspension Method) and by Application (Pipe & Fitments, Fire Sprinkler Systems, Power Cable Casing, and Coatings and Adhesives): Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the Africa chlorinated polyvinyl chloride market in 2019 was approximately USD 300 Million. The market is expected to grow above a CAGR of 14% and is anticipated to reach over USD 850 Million by 2026.

Chlorinated polyvinyl chloride (CPVC) is a type of thermoplastic product which is manufactured by chlorination reaction of polyvinyl chloride (PVC). The chlorination process of polyvinyl chloride (PVC) is often initiated by exposure of thermal or UV energy, various approaches can be used for applications of thermal or UV energy during chlorination. Chlorinated polyvinyl chloride (CPVC) is a versatile and flexible compound that can be fabricated using manufacturing processes such as extrusion and injection molding. Grades or types of chlorinated polyvinyl chloride (CPVC) manufactured vary based on the type of applications in which it will be used in. Types of chlorinated polyvinyl chloride include Pipe and Fittings, Ducting, and sheet and lining. Chlorinated polyvinyl chloride applications range from mining to chemical processing, industrial to residential. A key use of chlorinated polyvinyl chloride pipes is used as chemical and heat resistance pipes.

Browse the full “Africa Chlorinated Polyvinyl Chloride Market By Process (Solvent Method, Solid-Phase Method, and Aqueous Suspension Method) and by Application (Pipe & Fitments, Fire Sprinkler Systems, Power Cable Casing, and Coatings and Adhesives): Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/africa-chlorinated-polyvinyl-chloride-market-by-process-solvent-1120

Chlorinated polyvinyl chloride is normally used for piping and fitting applications around the world. Piping and fitting companies and service providers are increasingly adopting chlorinated polyvinyl chloride pipes owing to their chemical and heat resistance properties. Moreover, chlorinated polyvinyl chloride pipes are lighter than metal and cement pipes, which has also a key factor in driving the demand for chlorinated polyvinyl chloride for piping and fitting applications, in turn, driving the chlorinated polyvinyl chloride market. With the growth in the chemical industry, the demand for CPVC pipes is also expected to increase in years ahead. In addition, the investment in basic infrastructure in the Africa region in the developments of wastewater treatment plans, drainage systems, residential and commercial piping, etc. is expected to increase in years to come owing to improving economic conditions.

Based on the process, the aqueous suspension method segment held the largest share in the Africa chlorinated polyvinyl chloride market in 2019, accounting for a market share of approximately 60% in 2019 and the solid-phase is expected to grow at the fastest rate over the projected period. Based on applications, the piping and fitments segment held the largest share of nearly 70% in the Africa chlorinated polyvinyl chloride market in 2019 and is expected to record a key steady growth over the projected period. The growing demand for safe and reliable piping systems in residential and commercial applications has fueled the growth of chlorinated polyvinyl chloride in piping and fitment applications.

On the basis of the country, South Africa dominated the Africa chlorinated polyvinyl chloride market in 2019 and is expected to have similar dominance in the Africa chlorinated polyvinyl chloride in 2025. The economic growth in South Africa has led to the development of new infrastructural projects and growth in the industrial sector, which has driven the demand for chlorinated polyvinyl chloride for various applications. With rising foreign investment in South Africa, the country's economic state is expected to grow in years to come, in turn, creating new avenues for the Africa chlorinated polyvinyl chloride market.

Report Scope

Top Market Players

Top key players operating in the market are BASF AG, Kem One SAS, Kaneka Corporation, The Lubrizol Corporation, Panjin Changrui Chemical Industry Co. Ltd., Sekisui Chemical Co. Ltd., Shandong Kexing Chemical Co. Ltd., Jiangsu Teng Chemical Co. Ltd, PolyOne Corporation, Shandong Tianchen Chemical Co. Ltd., and Others.

This report segments the Africa chlorinated polyvinyl chloride market 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

By Country Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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