Poly-Vinyl Chloride Market Set For Rapid Growth | Trends | Dynamics 2021-2030 | BASF SE, INEOS Group Ltd, LG Chem
The poly-vinyl chloride market report describes and explains the global poly-vinyl chloride market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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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.
The global poly-vinyl chloride market is expected to grow from $24.39 billion in 2020 to $29.56 billion in 2021 at a compound annual growth rate (CAGR) of 21.2%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $35.42 billion in 2025 at a CAGR of 5%.
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Some of the major players of 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.
The countries covered in the global poly-vinyl chloride market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global poly-vinyl chloride market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global poly-vinyl chloride market is segmented -
1) By Product Type: Rigid PVC, Flexible PVC, Low-smoke PVC, Chlorinated PVC
2) By End Use Industry: Building & Construction, Automotive, Electrical & Electronics, Packaging, Footwear, Healthcare, Others
3) By Application: Pipes & Fittings, Film & Sheets, Wire & Cables, Bottles, Profiles, Hoses & Tubing, Others
Read More On The Global Poly-Vinyl Chloride Market Report:
Few Points From Table Of Content
1. Executive Summary
2. Poly-Vinyl Chloride Market Characteristics
3. Poly-Vinyl Chloride Market Trends And Strategies
4. Impact Of COVID-19 On Poly-Vinyl Chloride
5. Poly-Vinyl Chloride Market Size And Growth
27. Poly-Vinyl Chloride Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Poly-Vinyl Chloride Market
29. Poly-Vinyl Chloride Market Future Outlook and Potential Analysis
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