Chlorinated Polyvinyl Chloride (CPVC) Market Report 2026

The chlorinated polyvinyl chloride (cpvc) market size has grown strongly in recent years. It will grow from $4.96 billion in 2025 to $5.41 billion in 2026 at a compound annual growth rate (CAGR) of 9%. The growth in the historic period can be attributed to expansion of residential and commercial construction, increasing replacement of metal piping systems, growth of fire safety infrastructure, rising demand for corrosion-resistant materials, advancements in polymer processing techniques.

The chlorinated polyvinyl chloride (cpvc) market size is expected to see strong growth in the next few years. It will grow to $7.69 billion in 2030 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to increasing investments in smart building infrastructure, rising adoption of cpvc in industrial applications, expansion of sustainable piping solutions, growing focus on fire safety compliance, increasing demand for durable plumbing systems. Major trends in the forecast period include increasing adoption of cpvc pipes in hot water systems, rising demand for fire sprinkler applications, growing use of cpvc in chemical handling, expansion of lightweight and corrosion-resistant plumbing, enhanced focus on high-temperature performance.

An upsurge in the number of building and construction projects is expected to propel the growth of the chlorinated polyvinyl chloride (CPVC) market going forward. Building and construction projects refer to the planned process of constructing, renovating, refurbishing, retrofitting, or modifying a structure or other built asset. Chlorinated polyvinyl chloride is widely used in these projects due to its flexibility, durability, chemical resistance, and ability to withstand high temperatures in plumbing systems for residential and commercial buildings. It is also suitable for industrial liquids as well as hot and cold-water supply pipelines. For instance, in October 2024, according to the Office for National Statistics (ONS), a UK-based government agency, construction output is estimated to have grown by 1% over the three months leading up to August 2024, primarily due to a 1.7% rise in new work. Therefore, the upsurge in building and construction projects is driving the growth of the CPVC market.

Major companies operating in the CPVC market are focusing on technological advancements such as high-performance thermoplastic resin to enhance production efficiency, product performance, and sustainability in industrial applications. High-performance thermoplastic resin refers to a polymer material with superior mechanical, thermal, and chemical properties, suitable for demanding engineering and industrial applications. For instance, in November 2023, Lubrizol, a US-based specialty chemicals company, and Grasim, an India-based producer of cellulosic fibres and diversified chemicals, launched a CPVC resin plant. The facility is designed to scale up the production of high-performance CPVC while employing advanced manufacturing technologies to optimize efficiency and minimize environmental impact. This collaboration aims to strengthen the supply chain for CPVC products in Asia and beyond, providing innovative, durable, and sustainable solutions that meet stringent quality standards.

In November 2025, Skipper, an India-based water and fluid management solutions company, formed a partnership with Lubrizol to integrate advanced CPVC technology into its product portfolio. The collaboration aims to enhance the performance, durability, and safety of Skipper’s piping solutions, expand market reach in residential and industrial applications, and drive innovation in the high-performance thermoplastics sector. Lubrizol is a US-based specialty chemicals company specializing in the development and commercialization of engineered polymers and CPVC solutions for diverse industrial applications.

Major companies operating in the chlorinated polyvinyl chloride (cpvc) market are Lubrizol Corporation, Kaneka Corporation, Sekisui Chemical Co., Ltd., Shin-Etsu Chemical Co., Ltd., Arkema S.A., Westlake Corporation, Formosa Plastics Corporation, LG Chem Ltd., Tosoh Corporation, Kem One, Asahi Kasei Corporation, Hanwha Solutions Corporation, INEOS Group, SABIC, Reliance Industries Limited, Meghmani Finechem Limited, Grasim Industries Limited, Xinjiang Zhongtai Chemical Co., Ltd., Shandong Xiangsheng New Materials Technology Co., Ltd., China National Chemical Corporation.

Asia-Pacific was the largest region in the Chlorinated polyvinyl chloride market in 2025. The regions covered in the chlorinated polyvinyl chloride (cpvc) market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the chlorinated polyvinyl chloride (cpvc) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The chlorinated polyvinyl chloride (CPVC) market consists of the sale of resin, industrial sheets, coatings, pipes, and adhesives. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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