Recent news related to CPVC pipes includes price fluctuations, capacity expansions by manufacturers, and market growth projections. CPVC prices have been seen to decrease in the US while increasing in some other regions like Germany. Simultaneously, some companies are investing in expanding their CPVC production, such as DCW allocating Rs 140 Crore to boost capacity. The CPVC market is also experiencing significant growth, with projections suggesting a CAGR of 10-12% in the coming years, driven by factors like urbanization and infrastructure developmen

• Price Fluctuations:

  CPVC prices have been experiencing volatility, with decreases in the US and increases in Germany due to market conditions and supply chain issues. 

• Capacity Expansions:

  Companies like DCW are investing in expanding their CPVC production capacity to meet growing demand. 

• Market Growth:

  The CPVC market is expected to continue its growth trajectory, driven by factors like urbanization, infrastructure development, and increasing awareness of CPVC's benefits. 

• Anti-Dumping Duty:

  The anti-dumping duty on CPVC imports from South Korea and China has been extended, which is expected to benefit domestic CPVC resin producers and manufacturers. 

• Astral's CPVC Manufacturing:

  Astral Pipes has been granted a CPVC pipe manufacturing license by the Bureau of Indian Standards, further strengthening their position in the market. 

• Global Approvals:

  Astral's CPVC pipes are approved for contact with potable water in various countries, including the USA, UK, and Canada. 

• Collaboration with Game Changer:

  Astral Pipes collaborated with the movie "Game Changer," showcasing the brand's strength and innovation in the plumbing industry. 

• Awards and Recognition:

  Astral has received recognition for its CPVC pipes, including certifications from the NSF, BIS, and IAPMO.