Chlorinated Polyvinyl Chloride Market : Insights into Growth Opportunities and Challenges
The global Chlorinated Polyvinyl Chloride (CPVC) market size was USD 1.48 billion in 2022 and is expected to register a revenue CAGR of 11.2% during the forecast period. Alternative to metal pipes and is resistant to internal and external corrosion, high temperature and corrosion, and increasing usage of fire sprinkler systems and power cable casing and tubes are some of the major factors driving the Chlorinated Polyvinyl Chloride (CPVC) market revenue growth. Some of the key factors driving the growth of the global Chlorinated Polyvinyl Chloride market include expanding R&D efforts to develop novel Chlorinated Polyvinyl Chloride products for a variety of applications and rising demand for mercury control technology for industrial air purification. The most recent data on the COVID-19 pandemic market condition is provided in the research. The investigation indicates that COVID-19 plays a vital role in the market's dynamically altered environment. The study carefully investiga...