Blogs
on May 13, 2024
The latest report by IMARC, titled "Chlorinated Polyvinyl Chloride Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data" delivers a comprehensive analysis of chlorinated polyvinyl chloride prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Chlorinated Polyvinyl Chloride Prices December 2023:
- China: 1905 USD/MT (Pipegrade K- 67.4)
- Netherlands: 1885 USD/MT (Pipegrade K- 67.4)
Report Offering:
- Monthly Updates: Annual Subscription
- Quarterly Updates: Annual Subscription
- Biannually Updates: Annual Subscription
The study delves into the factors affecting chlorinated polyvinyl chloride price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/chlorinated-polyvinyl-chloride-pricing-report/requestsample
Chlorinated Polyvinyl Chloride Price Trend- Q4 2023
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 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 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.
Browse Full Report: https://www.imarcgroup.com/chlorinated-polyvinyl-chloride-pricing-report
Key Points Covered in the Chlorinated Polyvinyl Chloride Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- Chlorinated Polyvinyl Chloride Prices
- Chlorinated Polyvinyl Chloride Price Trend
- Chlorinated Polyvinyl Chloride Demand & Supply
- Chlorinated Polyvinyl Chloride Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Chlorinated Polyvinyl Chloride Price Analysis
- Chlorinated Polyvinyl Chloride Industry Drivers, Restraints, and Opportunities
- Chlorinated Polyvinyl Chloride News and Recent developments
- Global Event Analysis
- List of Key Players
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, 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
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Browse More Pricing Reports By IMARC Group:
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
About Us:
IMARC is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
Posted in: Business