Growth Trends in India's CPVC Market

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The CPVC market in India is poised for significant growth, with a market size of 220,000 tonnes in FY2024, projected to reach 240,000 tonnes in FY2025 and 450,000-500,000 tonnes by 2030. Demand is primarily driven by pipes and fittings, which account for 70-75% of consumption, alongside housing and infrastructure needs. Key players include resin suppliers like Grasim and Lubrizol, and pipe manufacturers such as Astral and Supreme, highlighting a robust industry landscape.