Detail Study on Commodity Plastic Market is projected to Grow Magnificent CAGR till 2022

Polyvinyl chloride (PVC) is the third largest produced synthetic polymers in the world after polypropylene and polyethylene. The global demand for PVC in 2015 was 37.5 MMT and is expected to grow at a CAGR of 4% by the end of forecasted year. PVC comes in two different forms such as rigid and flexible. On the basis of application, construction sector is one the top most consumer of PVC owing to the wide range of applications in rigid pipe & tubing, door & windows, wire & cables, and others. Geographically, Asia-Pacific is the largest market for polyvinyl chloride in terms of value and volume, where China is playing a crucial role in the PVC market. China has named as one of the top consumer as well as producer of PVC due the driving factors like growing construction, and rising infrastructure. In support of this, Japan and India are also a big consumer where the huge investments on construction and infrastructure sector has been sanctioned by the investors. However, there would be ample scope and opportunities for PVC market growth.

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Geographically, Asia-Pacific has emerged as the leading market for polyvinyl chloride with the market share of 42% in 2015 owing to the driving factors such as growing construction industries in China, India and Indonesia, increasing usage of polyvinyl in healthcare industries as well as in the production of films and sheets and increasing investment. China has emerged as the leading country in terms of value and volume owing to the large presence of local, national and international manufacturers. Moreover, China is also a leading exporter of PVC to several other countries. Followed by Asia-Pacific, North America is the second leading market in terms of value and volume owing to the increasing number of projects by the PVC giants. The production capacity in US is likely to increase by the top players to meet the demand and to decrease the inflow of imports.
Market Research future through this report aims to provide understanding of the Global Commodity Plastic Market for Polyvinyl Chloride on the basis of region, and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of global commodity plastic market for polyvinyl chloride.

List of Tables
TABLE 1 GLOBAL POLYVINYL CHLORIDE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (USD BILLION)
TABLE 2 GLOBAL POLYVINYL CHLORIDE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (MMT)
TABLE 3 NORTH AMERICA POLYVINYL CHLORIDE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (USD BILLION)
TABLE 4 NORTH AMERICA POLYVINYL CHLORIDE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (MMT)
TABLE 5 EUROPE POLYVINYL CHLORIDE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (USD MILLION)
TABLE 6 EUROPE POLYVINYL CHLORIDE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (MMT)
TABLE 7 ASIA-PACIFIC POLYVINYL CHLORIDE MARKET FOR COMMODITY PLASTIC, BY REGIONS
(2014-2022) (USD BILLION)
TABLE 8 ASIA-PACIFIC POLYVINYL CHLORIDE MARKET FOR COMMODITY PLASTIC, BY REGIONS
(2014-2022) (MMT)
TABLE 9 ROW POLYVINYL CHLORIDE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (USD BILLION)
TABLE 10 ROW POLYVINYL CHLORIDE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (MMT)
List of Figures
FIGURE 1 GLOBAL POLYVINYL CHLORIDE MARKET FOR COMMODITY PLASTIC, BY REGION, 2015 (%)
FIGURE 2 GLOBAL POLYVINYL CHLORIDE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (USD BILLION)
FIGURE 3 GLOBAL POLYVINYL CHLORIDE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (MMT)

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Browse similar research report of “Global Commodity Plastic Market for Automotive - Forecast to 2022”

The global commodity plastic market statistical report published by Market Research Future contains succinct information on the commodity plastic market, segmented by automotive application and forecast from 2016-2022. Commodity plastics are lighter in weight and have a superior physical and mechanical properties. Commodity plastic are majorly used in automotive component to provide physical as well as mechanical strength. The market for commodity plastic by automotive application has covered around the market share of around 15% of the global market in 2015. Commodity plastic are majorly used in manufacturing of automotive components and the growing demand for automobile across the globe likely to be a major driving factor. Moreover, the increasing demand for light weigh vehicles has also boosted the demand for commodity plastic market in automotive industry. The major reason behind the increased demand for light weight vehicle is that it helps in reducing the cost of production as well as help in improving the mileage of vehicle. Low weight vehicle tends to give high mileage.
Geographically, Asia-Pacific consumes the largest market in the global commodity plastic market for automotive. The contribution of APAC in the global market is more than 45% in terms of value and volume. In the Asia-Pacific region, China has emerged as the largest market followed by Japan and India. The growing population coupled with increase need of automobile has boosted the demand for commodity plastic market, moreover, the low manufacturing cost and cheap labour, and emerging economies have become the major driving factor. North America is the second largest market for commodity plastic market for automotive. Whereas Europe stood on third rank.
Market Research future through this report aims to provide understanding of the global Commodity Plastic Market for Automotive Industry, and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of global Commodity Plastic Market.

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