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Chlorinated Polyvinyl Chloride (CPVC) Market Share

Report ID: GMI4155
Published Date: Nov 2024
Report Format: PDF

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Chlorinated Polyvinyl Chloride Market Share

Avient Corporation, BASF SE, Hangzhou Electrochemical Group, Jiangsu Tianteng Chemical Industry, Kaneka Corporation, and KEM ONE are key players in the chlorinated polyvinyl chloride industry, each contributing to its growth through distinct strengths. Avient Corporation, with its diverse portfolio, focuses on performance materials and specialty compounds, positioning itself as an innovator in CPVC solutions. BASF SE, a global chemical leader, combines extensive R&D capabilities with strong market penetration, providing high-quality CPVC resins. Hangzhou Electrochemical Group, with a strong presence in China, leverages cost-effective production while expanding its CPVC offerings.

Jiangsu Tianteng Chemical Industry stands out for its specialized CPVC production with a focus on the Chinese market, providing competitive pricing. Kaneka Corporation, a significant player in Japan, offers CPVC products with a focus on quality and environmental sustainability. KEM ONE’s vertically integrated business model, focusing on the European market, ensures a steady supply of CPVC to meet regional demand. Together, these companies shape the competitive landscape with their diverse strategies and market positioning.

Chlorinated Polyvinyl Chloride Market Companies

Major players operating in the chlorinated polyvinyl chloride industry are:

Avient Corporation
BASF SE
Hangzhou Electrochemical Group
Jiangsu Tianteng Chemical Industry
Kaneka Corporation
KEM ONE
Lubrizol Corporation
Novista Group
Sekisui Chemical
Shandong Xiangsheng New Materials Technology

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market size for chlorinated polyvinyl chloride was valued at USD 2.2 billion in 2024 and is estimated to reach USD 6.7 billion by 2034, driven by a CAGR of over 11.8% from 2025 to 2034.

The aqueous suspension method segment held over USD 1.5 billion in 2024 and is anticipated to grow at a 12% CAGR during 2025-2034, driven by its ability to control particle size and distribution effectively.

China held over USD 500.4 million in 2024 and is expected to grow at a 12.8% CAGR, driven by its robust manufacturing capabilities, extensive production infrastructure, and cost-effective labor force.

Major players in the industry include Avient Corporation, BASF SE, Hangzhou Electrochemical Group, Jiangsu Tianteng Chemical Industry, Kaneka Corporation, KEM ONE, Lubrizol Corporation, Novista Group, Sekisui Chemical, and Shandong Xiangsheng New Materials Technology.