Polyvinyl chloride (PVC) is a thermoplastic resin that is manufactured by reacting vinyl chloride monomers with divalent metal ions in an emulsion. PVC is available in rigid and flexible forms depending on the type of stabilizers that are used. Rigid PVC is characterized by high mechanical strength, low cost, and good electrical properties. PVC is used to manufacture pipes and fittings, films and sheets, bottles, hoses and tubing, wires and cables, and profiles. The major end-users of the PVC include building and construction, automotive, electrical and electronics, packaging, footwear, and healthcare.
Market Dynamics:
The global polyvinyl chloride Market has seen a steady growth over the years and is expected to grow even further in the forecast period. This growth can be attributed to the growing demand for durable, cost-effective and environmentally friendly products which are being used in various applications. The market is also being driven by the increasing demand for wood-plastic composites, the development of renewable energy, and the use of highly efficient pumps.
However, the market is being hindered by a number of factors including the ban on PVC in the construction of green buildings, fierce competition from steel and concrete pipes, and the economic slump in developed countries.
Key features of the study:
- This report provides in-depth analysis of the global Polyvinyl Chloride (PVC) market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global Polyvinyl Chloride (PVC) market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include 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 (Group) Co. Ltd, Westlake Chemical Corporation, and Xinjiang Zhongtai Chemicals
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global Polyvinyl Chloride (PVC) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Polyvinyl Chloride (PVC) market
Detailed Segmentation:
- Global Polyvinyl Chloride (PVC) Market, By Product Type
- Rigid PVC (Clear Rigid PVC and Non-clear Rigid PVC)
- Flexible PVC (Clear Flexible PVC and Non-clear Flexible PVC)
- Low-smoke PVC
- Chlorinated PVC
- Global Polyvinyl Chloride (PVC) Market, By Stabilizer Type
- Calcium-based Stabilizers (Ca-Zn Stabilizers)
- Lead-based Stabilizers (Pb Stabilizers)
- Tin and Organotin-based (Sn Stabilizers)
- Barium-based and Other Stabilizer Types (Liquid Mixed Metals)
- Global Polyvinyl Chloride (PVC) Market, By Application
- Pipes and Fittings
- Films and Sheets
- Wires and Cables
- Bottles
- Profiles, Hoses, and Tubing
- Other Applications
- Global Polyvinyl Chloride (PVC) Market, By End User Industry
- Healthcare
- Automotive
- Electrical and Electronics
- Packaging
- Footwear
- Building and Construction
- Other End user Industries
- Global Polyvinyl Chloride (PVC) Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles
- 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 (Group) Co. Ltd
- Westlake Chemical Corporation
- Xinjiang Zhongtai Chemicals
