Chemanalyst19 May, 2023Business
According to ChemAnalyst report, ?India Chlorinated Polyvinyl Chloride (CPVC) Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, Grade, End-User Industries, Sales Channel, Regional Demand, Company Share, FY2015-FY2032?, The India Chlorinated Polyvinyl Chloride (CPVC) Market is likely to reach around 300 thousand tonnes by FY2032, at a CAGR of 7.22% during the forecasted period. A joint venture between Grasim Industries Ltd. and Lubrizol India Pvt. Ltd. is anticipated to begin operations at Vilayat, Gujarat, in FY2025. This venture is anticipated to have a 100 thousand tonnes per annum manufacturing capacity. Reliance Industries Ltd. is also developing a CPVC plant with an annual capacity of 70 thousand tonnes per annum capacity is anticipated to be operational by FY2026.
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