Chlorinated Polyvinyl Chloride Prices, Index, Chart, Trend and Historical Prices Analysis

Chlorinated Polyvinyl Chloride Price in China

China: 1905 USD/MT

In China, the price of chlorinated polyvinyl chloride (CPVC) fell during the final month of the quarter because of decreased activity in the construction and industrial sectors.

The chlorinated polyvinyl chloride (CPVC) market is influenced by several key factors that drive its growth and demand across various industries. The increasing demand for CPVC pipes and fittings in the construction sector is a major driver. CPVC pipes offer superior characteristics such as corrosion resistance, high-temperature tolerance, and low thermal conductivity, making them suitable for various applications in residential, commercial, and industrial construction projects. Stringent regulations promoting the use of CPVC in plumbing systems due to its safety and durability attributes contribute to market growth.

The global chlorinated polyvinyl chloride prices market size reached US$ 4.6 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 8.3 Billion, at a projected CAGR of 6.80% during 2023-2032. In North America, the chlorinated PVC market demonstrated an overall favorable trend during the fourth quarter of 2024, characterized by a decline in prices in October followed by subsequent increases in November and December. The initial 2.5% decrease in October was primarily attributed to reduced demand from the construction sector, particularly in plumbing applications, which was influenced by a downturn in house sales due to higher mortgage rates. Whereas, in the fourth quarter of 2023, the chlorinated polyvinyl chloride (CPVC) market in the APAC region was significantly influenced by various factors. Notably, there was considerable demand for CPVC in the Indian market, driven by strong performance in the construction industry and increased manufacturing activities, resulting in a corresponding 1.1% price uptick. In contrast, demand for CPVC in China remained subdued due to sluggishness in both the construction and industrial sectors, resulting in a 2.5% price decline. The pricing dynamics of essential feedstocks such as Ethylene Dichloride and Vinyl Chloride played a crucial role in shaping CPVC prices during this period.

During the fourth quarter of 2023, the European chlorinated polyvinyl chloride (CPVC) market experienced significant influences driven by various factors. Primarily, demand from the downstream construction industry remained subdued, especially within the residential sector, which showed particular weakness. This decline was attributed to several factors including diminishing housing permits, project cancellations, and delays in decision-making by clients. Other than this, the market dynamics of chlorinated PVC in the South American region showed a primarily mixed trend during the last quarter of 2024. Initially, product prices encountered challenges due to the underperformance of the construction industry and an oversupplied market stemming from the United States. However, there was a gradual improvement in demand from the construction sector as investments in construction activities continued, although the overall outlook remained subdued.

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