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Poly-Vinyl Chloride Market Potential Growth, Share, Demand And Analysis Of Key Players- Research Forecasts To 2023
Poly-Vinyl Chloride Market
The global poly-vinyl chloride market was worth $105.32 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 8% and reach $147.80 billion by 2023.
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The Poly-Vinyl Chloride (PVC) market consists of sales of PVC material and related services used in the building and construction, health care, electronics, automobile and other sectors, in products ranging from piping and siding, blood bags and tubing, to wire and cable insulation, windshield system components. Polyvinyl chloride is a white synthetic organic compound available in powder form or granules with high density and high impact strength. It is produced in two forms, first as a rigid and second as a flexible plastic. PVC is commonly used in construction as insulation on electrical wires. It is also blow-molded into clear, transparent bottles.
Increased demand from industries such as construction, health care, packaging contributed to the growth of the PVC market. The growing need for PVC is expected to drive the market. PVC being light weighted and strong is heavily used in construction industry in the form of pipes,windows,flooring and roofing. In March 2019, it was reported that spending on federal government construction projects, in the US, increased by 4.2% to the highest level since October 2017, which is expected to positively impact the PVC market. The growth of end-user industries, including construction, health care, packaging, boosts the demand for PVC increasing the growth of the PVC market.
Poly-Vinyl Chloride Market Segmentation: -
By Product Type
Rigid PVC
Flexible PVC
Low-smoke PVC
Chlorinated PVC
By End-Use Industry
Building & Construction
Automotive
Electrical & Electronics
Packaging
Footwear
Healthcare
Others
By Application
Pipes & Fittings
Film & Sheets
Wire & Cables
Bottles
Profiles, Hoses & Tubing
Others
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Few Points From Table Of Content
1. Executive Summary
2. Poly-Vinyl Chloride Market Characteristics
3. Poly-Vinyl Chloride Market Size And Growth
4. Poly-Vinyl Chloride Market Segmentation
5. Poly-Vinyl Chloride Market Regional And Country Analysis
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25. Poly-Vinyl Chloride Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Poly-Vinyl Chloride Market
27. Poly-Vinyl Chloride Market Trends And Strategies
28. Poly-Vinyl Chloride Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the Poly-Vinyl Chloride Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Poly-Vinyl Chloride Market are Westlake Chemical Corporation, Shin-Etsu Chemical Co, INEOS Group Ltd, LG Chem, Formosa Plastics Corporation, Occidental Chemical Corporation, China National Chemical Corporation (ChemChina), Mexichem SAB de CV, Axiall Corporation, Shin-Etsu Chemical Co., BASF SE.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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