Product
Chlorinated Polyvinyl Chloride Price Trend and Forecast
Chlorinated Polyvinyl Chloride Price Trend and Forecast
Regional Market Overview
Get the latest insights on price movement and trend analysis of Chlorinated Polyvinyl Chloride in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Chlorinated Polyvinyl Chloride Price Trend for the H1 of 2023
Asia
The first two quarters of 2023 witnessed a surge in the prices of chlorinated polyvinyl chloride. The rise in the number of inquiries from regional and overseas buyers supported the rising prices. This, in turn, led to a decline in the availability of the product in the region, and with severe fluctuations in crude oil prices, the price trend of chlorinated polyvinyl chloride soared upwards.
Europe
The chlorinated polyvinyl chloride market declined gradually in the first and second quarters of 2023. The slow movement of the construction industry was the major cause of this declining trend, followed by the chlorinated polyvinyl chloride market. This was due to high pressure on consumers as the interest rates and cost of living in the region saw a noteworthy incline. Thus, with strong supply, slow demand, and weak movement of the international market, the prices of chlorinated polyvinyl chloride declined.
North America
The high level of inventories and weak demand from the end-user industries with high competition due to the imports from other nations kept the price trend of chlorinated polyvinyl chloride in the negative zone. In addition, the rising interest rates and increasing competitive cost pressure also aided in the downfall of the prices of chlorinated polyvinyl chloride in North America during the first two quarters of 2023.
Analyst Insight
According to Procurement Resource, the price of Chlorinated Polyvinyl Chloride is expected to showcase a volatile trend in the upcoming months. The construction sector is fluctuating in demand, and with rising inflation, the CPVC market is expected to struggle.
Procurement Resource provides latest prices of Chlorinated Polyvinyl Chloride. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Chlorinated Polyvinyl Chloride (CPVC) is a thermoplastic polymer obtained by chlorinating polyvinyl chloride (PVC). The chlorination process enhances the material's heat resistance, flame retardancy, and chemical resistance, making CPVC suitable for various high-temperature applications where standard PVC might not be suitable. CPVC has a higher maximum operating temperature compared to PVC, typically up to 93°C (200°F) and can handle higher pressures.
It is commonly used in plumbing systems for hot and cold-water distribution, as well as in industrial applications involving corrosive fluids or elevated temperatures. Additionally, CPVC is employed in fire sprinkler systems, chemical processing equipment, and electrical conduits due to its favorable combination of properties.
Product Details
| Report Features | Details |
| Product Name | Chlorinated Polyvinyl Chloride |
| Chemical Formula | (C9H11Cl7)n |
| Industrial Uses | Water treatment, Automotive and aerospace appliances, Electrical circuits, Industrial piping, Plumbing systems |
| CAS Number | 68648828 |
| HS Code | 39049010 |
| Supplier Database | The Lubrizol Corporation, ASTRAL LIMITED, Shandong Novista Chemicals Co. Ltd, Jiangsu Tianteng Chemical Industry Co Ltd, Grasim Industries Limited, Reliance Industries Ltd, Hanwha Solutions |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
The reaction starts when a new chloride atom, specifically an atom of polyvinyl chloride, is added to the base molecule. In essence, it increases the material's resistivity and gives it the ability to sustain extremely high temperatures.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
Table Of Contents
Assistance from Experts
Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.
Client's Satisfaction
Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.
Assured Quality
Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.