The development opportunities and challenges of the CPVC pipe industry coexist. In the future, multiple entities will need to work together to overcome the difficulties.

CPVC, chlorinated polyvinyl chloride, refers to a new type of engineering plastic made by chlorination modification of polyvinyl chloride (PVC) resin. It appears as white or light yellow particles and powder, and is tasteless, odorless, non-toxic and soluble. It has the characteristics of high safety, green environmental protection and stable chemical properties. CPVC pipes refer to pipe products processed from CPVC as raw materials. They not only inherit the advantages of CPVC materials, but also have good temperature resistance, strong corrosion resistance, good flame retardancy, high tensile strength, and high mechanical strength. , good insulation performance, long service life and other advantages, it is widely used in steel, petroleum, chemical industry, electric power, metallurgy, pharmaceuticals, construction, water treatment, environmental protection and other fields.

From the upstream of the industrial chain, CPVC is the key raw material for CPVC pipes, and domestic CPVC production capacity is currently in a continuous growth trend. Domestic CPVC production capacity in 2022 will be approximately 520,000 tons, a year-on-year increase of 7.7%. Domestic CPVC resin production capacity is large, but the product added value is low and market competitiveness is weak. In the future, local companies will need to speed up the research and development of high-end products.

From the downstream of the industrial chain, construction and electricity are the main application areas of CPVC pipes. In the construction field, CPVC pipes are mainly used in water supply and drainage scenarios in landscaping, water treatment plants, brewing and fermentation plants, chemical plants, and sewer projects; in the power field, CPVC pipes are mainly used in urban power grid construction and transformation, civil aviation airport construction, and transportation. , cable laying in road and bridge engineering construction and other scenarios.

Currently, against the backdrop of the rapid development of the domestic construction industry and the accelerating power grid transformation process, the market demand for CPVC pipes is increasing. According to data from the National Bureau of Statistics, the total output value of the domestic construction industry will reach 31.2 trillion yuan in 2022, a year-on-year increase of 6.5%; according to data from the National Energy Administration, the national power grid infrastructure investment will be completed in 2022 at 469.90 billion yuan, and the total investment in power will increase by 9.6% year-on-year. %. In this context, according to the “China CPVC Pipe Industry Market Monitoring and Future Development Prospects Research Report 2023-2027” released by the Industrial Research Center shows that my country’s CPVC pipe market size will reach 3.82 billion yuan in 2022, a year-on-year increase of 16.3%. Domestic CPVC pipe companies mainly include Liansu Technology, Rifeng Group, Xiongsu Technology, Pinsheng Pipe Industry, Chuanlu Plastic, Hongtai Pipe Industry, Jinruihuang Plastic, Yatong New Materials, etc.

Industry analysts said that CPVC pipe is a type of pipe material with excellent comprehensive performance and has a wide range of applications. Currently, driven by the rapid development of domestic electric power, construction and other fields, its market size continues to expand, and the industry shows good development prospects. But at the same time, the development of the domestic CPVC pipe industry still faces many difficulties. For example, the low quality of upstream raw materials restricts the improvement of the performance of domestic CPVC pipes, and the downstream market space has not been fully developed, restricting the growth of domestic CPVC pipe sales. In the future, breaking the development dilemma of the domestic CPVC pipe industry will still require the joint efforts of upstream raw material manufacturers, relevant government departments, CPVC pipe companies and other parties. The industry has huge room for growth.