The global Polyvinyl Chloride (PVC) Market is estimated to be valued at US$ 57.85 Bn in 2023 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Polyvinyl chloride or PVC is a versatile plastic material with outstanding mechanical and chemical properties. It has high strength, durability and resistance against moisture and chemicals. PVC is used in a wide range of applications such as pipes and fittings, flooring, window profiles, cables, shoes, credit cards and other consumer goods. Its high versatility, low cost and durability make it a preferred material for various industrial and consumer applications.
Market key trends:
One of the key trends in the PVC market is the increasing demand for flexible PVC from the automotive and construction industries. Flexible PVC has excellent weather resistance and low temperature flexibility. In the automotive industry, flexible PVC is used in interior and exterior automotive parts such as door panels, roof linings, dashboards, bumpers, and exterior body molding. In the construction industry, flexible PVC is utilized in window frames, roofing sheets, wall coverings, and flooring due to its moisture resistance. According to Flexible PVC Forum, flexible PVC comprised 20% of the global PVC demand in 2019 and is expected to witness the fastest growth during the forecast period due to its increasing applications in the automotive and construction industries.
Segment Analysis
The global PVC market is segmented based on form, end-use industry and region. By form, the market is divided into rigid PVC and flexible PVC. Rigid PVC dominates the market as it finds wide application in construction due to its properties such as durability, fire retardancy and resistance to moisture and chemicals. By end-use industry, the market is categorized into construction, automotive, electrical & electronics, packaging and others. The construction segment accounts for the largest share as PVC is extensively used in pipes, windows, doors and flooring.
Key Takeaways:
The Global PVC Market Growth is expected to witness high, exhibiting CAGR of 3.8% over the forecast period, due to increasing infrastructure development activities and growth of the automotive industry.
Regionally, Asia Pacific dominates the market and is expected to grow at the fastest rate owing to rapid industrialization and infrastructure development in countries such as China and India. The global PVC market size for 2023 is US$ 57.85 Bn.
Key players operating in the PVC market are ChemChina, Formosa Plastics Corporation, Ineos, Inner Mongolia Junzheng Energy & Chemical Group, Kem One, LG Chem, Occidental Petroleum Corporation, Orbia, SABIC, Shaanxi Coal and Chemical Industry Group Co. Ltd, Shin-Etsu Chemical Co. Ltd, Xinjiang Tianye Co. Ltd, Westlake Chemical Corporation, and Xinjiang Zhongtai Chemicals. Geographically, ChemChina dominates the Chinese market while Formosa Plastics Corporation leads the global PVC production.
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This Polyvinyl Chloride (PVC) Market report has been prepared with the thorough market analysis carried out by a team of industry experts, dynamic analysts, skilful forecasters and well-informed researchers.
This market research report is very crucial in several ways for business growth and to thrive in the market.
Competitive analysis is the major feature of any market research report, and hence Polyvinyl Chloride (PVC) Market report covers many points including strategic profiling of key players in the market, analyse core competencies of key players, and draw a competitive landscape for the Chemical and Materials industry.
This market report gives an edge to compete and to outdo the competition.Global polyvinyl chloride (PVC) market is expected to rise to an estimated value of USD 125.98 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026.
The high growth of this market is due to the rising usage of PVC from the automotive industry.For In-Depth Review | Get Sample PDF@ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-polyvinyl-chloride-pvc-marketTop Manufacturers Covered in the Report:Few of the major competitors currently working in the global polyvinyl chloride (PVC) market are ChemChina, INOVYN, Occidental Petroleum Corporation, SABIC, LG Chem, SAPPCO.coma, KEM ONE, Westlake Chemical Corporation, Mitsubishi Chemical Corporation, INEOS, Chemson Group, PolyOne Corporation, Aiscondel Laminados S.A., Arkema and Chemplast Sanmar Limited among others.Market Definition: Global Polyvinyl Chloride (PVC) MarketPolyvinyl Chloride is a type of polymer which is produced by polymerization of vinyl chloride monomer.
The material is used instead of traditional materials like iron, copper or wood owing to its strength and durability and resistance to corrosion.
The research report includes specific segments by region (country), by company, by Type and by Application.
This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026.
Understanding the segments helps in identifying the importance of different factors that aid the market growth.Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/61864/global-polyvinyl-chloride-films-2020-441Segment by Type, the Polyvinyl Chloride (PVC) Films market is segmented into:Rigid PVC FilmsMonomeric Flexible PVC FilmsPolymeric Flexible PVC FilmsOthersSegment by Application:PackagingMedicalPrintingBuilding MaterialsOthersGlobal Polyvinyl Chloride (PVC) Films Market: Regional AnalysisThe Polyvinyl Chloride (PVC) Films market is analysed and market size information is provided by regions (countries).
The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.The key regions covered in the Polyvinyl Chloride (PVC) Films market report are:North AmericaU.S.CanadaEuropeGermanyFranceU.K.ItalyRussiaAsia-PacificChinaJapanSouth KoreaIndiaAustraliaTaiwanIndonesiaThailandMalaysiaPhilippinesVietnamLatin AmericaMexicoBrazilArgentinaMiddle East & AfricaTurkeySaudi ArabiaU.A.EGlobal Polyvinyl Chloride (PVC) Films Market: Competitive AnalysisThis section of the report identifies various key manufacturers of the market.
It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market.
Industry Overview of the Polyvinyl Chloride (PVC) Report 2026The market intelligence report on the Global Polyvinyl Chloride (PVC) Market offers the readers a 360° market overview with definitions, market segments, applications, raw material used, product details, cost structures, production processes, and other essential data.
The study evaluates the global market landscape, with an in-depth analysis of product pricing, production and consumption volume, cost, value, production capacity, supply and demand dynamics, annual market growth rate, and market estimation till 2026.Get a Sample Copy of this Report before you purchase free of cost@ https://www.reportsanddata.com/sample-enquiry-form/2453The Polyvinyl Chloride (PVC) industry research report outlines aspects like production, demand and supply, sales, and the contemporary market scenario exhaustively.
Additionally, the report sheds light on production shares and market product sales, as well as production capacity, sales, and revenue.
Other market aspects such as import/export dynamics, demand, supply, gross margin, and industry chain structure have also been assessed in the Global Polyvinyl Chloride (PVC) Market report.The Global Polyvinyl Chloride (PVC) Market Can Be Segmented By:Leading Players: BASF SE, Formosa Plastics Corporation, China National Chemical Corporation (ChemChina), Kem One SAS, INOVYN, Orbia, LG Chem, Occidental Petroleum Corporation, Xinjiang Zhongtai Chemical Co. Ltd, and SABIC.Segments covered in the report:For this report, the market has been divided into segments on the basis of solutions, services, deployment model and regional analysis.Product Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)Flexible PVCRigid PVCResources Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)Fossil based PVCBio-attributed PVCEmulsion Process Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)Bulk polymerizationEmulsion polymerizationSuspension polymerizationEnd-User Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)ConstructionAutomotivePackagingElectrical & ElectronicsTransportationHealthcareOthersApplication Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)Film & SheetsPipes & FittingsBottlesWire & CablesProfilesPastesOthersGet this report at a special discounted price, visit @ https://www.reportsanddata.com/discount-enquiry-form/2453In market segmentation by geographical regions, the report has analyzed the following regions- North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, Colombia)This investigative report on the Global Polyvinyl Chloride (PVC) Market gives a comprehensive overview of the current market development, highlighting key market dynamics.
The study also provides a meticulous evaluation of the key threats faced by the pioneers of the market, which allows the participants to comprehend the challenges they may encounter in the future as part of the global market in the forecast duration.The Market Report Contains The Following Chapters: Chapter 1: This report on the Global Polyvinyl Chloride (PVC) Market brings in one place all the vital information pertaining to the sector.
Chapter 2: The report comprises of a detailed analysis of players that account for a significant portion of the global market share in the Polyvinyl Chloride (PVC) industry, highlighting the company’s latest technological advancement in the market, and the product profile currently available in the market, as well as the regions where they predominantly operate.
New York, NY 01 Oct 2021: The global polyvinyl chloride (PVC) market size is estimated to reach USD 108.12 billion by 2026, growing at a CAGR of 7.2% during the forecast period, according to a new study published by Polaris Market Research.
The report “Polyvinyl Chloride (PVC) Market Share, Size, Trends & Industry Analysis Report [By Grade (Rigid PVC, Flexible PVC, and Others); By Application (Pipes & Fittings, Films & Sheets, Wire & Cables, Bottles, and Others); By End-Use (Building & Construction, Automotive, Electrical & Electronics, Packaging, Footwear, Healthcare), By Regions] Segments & Forecast, 2019 – 2026” provides a comprehensive analysis of present market insights and future market trends.Polyvinyl Chloride is a vinyl chain polymer and retains its position among top three polymers, coming as it does after polyethylene and polypropylene as the largest produced synthetic commodity chemical.
The global PVC market is mainly driven by its high demand in some of the high profile industries that includes electrical and electronics, building and construction, automotive, and packaging.Polyvinylchloride has an amorphous structure with polar chlorine atoms and possesses fire retardant properties and oil/chemical resistance.
PVC is identified with further properties such as being light-weight, having good mechanical strength, abrasion resistance and toughness associated with it.Request For Sample Copy @ https://www.polarismarketresearch.com/industry-analysis/polyvinyl-chloride-pvc-market/request-for-sampleDrivers to robust growth of polyvinyl chloride include jubilant building and construction sector, high demand for automotive components with a large market share in automobile industry and rising medical devices.
Controlling harmful emissions are yet another aspect of technical developments in PVC product.
The reduction is equivalent to 99.45% reduction in lead additives and 90% in harmony with PVC Industry energy and Greenhouse Gas Emissions Charter.
