CPVC could be a high-temperature plastic pressure piping system introduced for potable plumbing in 1959. it's also been used extensively in fire sprinkler systems since 1985. This material is additionally used for several industrial and process piping applications. CPVC pipe is on the market in nominal sizes from 1/2" to 24" and is approved altogether model plumbing and mechanical codes across the United States and Canada. additionally, CPVC pipe and fittings from select manufacturers are listed for light hazard fire sprinkler systems, as defined in NFPA 13, 13R and 13D standards.
The demand for PVC in India witnessed a powerful CAGR within the historic years and is projected to achieve a healthy CAGR of over 6.81% during 2015-2030. The entire capacity of PVC in India is around 1640 KTA with Reliance Industries holding maximum share in its production as compared to the opposite four leading players. The domestic production of PVC is unable to consolidate the huge demand for the product hence; around 50 per cent of the demand in India is being met through imports.
However, chlorinated polyvinyl chloride products turns brittle after a while because of continuous exposure to hydrocarbon chemicals or losing the molecular bond in CPVC materials. It’s going to create hassles for the merchandise manufacturer. Additionally, there's problem of high maintenance of material in leak damage situations, which tends to affect product demand. This might play a setback for product demand over the forecast timeframe. Thus, because of demand it's best to take a position during this project.
Few Indian major players are as under
Chemplast Sanmar Ltd.
Finolex Industries Ltd
Gajjraj Agency Pvt. Ltd.
Lubrizol Advanced Materials India Pvt. Ltd.
Lubrizol India Pvt. Ltd.
Sushila Parmar International Pvt. Ltd.