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Polyvinyl Chloride (PVC) Paste Resin Market CAGR of 3.4% in the forecast period of 2023 to 2030., Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook
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Market Overview:
Polyvinyl chloride PVC paste resin is a type of resin used to produce rubber and plastic. PVC paste resin grade is made by emulsion and micro-suspending and is widely used in processing such as dipping, roto forming, coating, and foaming. This is also used as a main raw material for artificial leather, wallpaper, disposable PVC latex examination gloves, and tarp, among others.
Some of the prominent participants operating in the global polyvinyl chloride (PVC) paste resin market are Formosa Plastics Corporation, U.S.A., KANEKA CORPORATION, Orbia, INEOS, Shin-Etsu Chemical Co., Ltd., PT. Standard Toyo Polymer (A subsidiary of TOSOH CORPORATION), LG Chem, Solvay, Westlake Vinnolit GmbH & Co. KG, Occidental Petroleum Corporation, Braskem, KEM ONE, SCG Chemicals Public Company Limited, CIRES, Lda, Chemplast Sanmar Ltd, Redox, CHEMDO, Gogara International, THE CHEMICAL COMPANY, and SHANGHAI KEAN TECHNOLOGY CO., LTD., among others.
Global Polyvinyl Chloride (PVC) Paste Resin Market Regional Analysis/Insights
Polyvinyl chloride (PVC) paste resin market is segmented into four notable segments that are grade, manufacturing process, application, and end-use.
The countries in the global polyvinyl chloride (PVC) paste resin market are the U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Switzerland, Turkey, Netherlands, Luxembourg, Belgium, Rest of Europe, Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia & New Zealand, Rest of Asia-Pacific, Brazil, Argentina, and the Rest of South America, South Africa, Egypt, Saudi Arabia, U.A.E., Israel, and the rest of the Middle East and Africa.
Asia-Pacific is expected to dominate the global polyvinyl chloride (PVC) paste resin market. China dominates in the Asia-Pacific region due to the increasing use of polyvinyl chloride (PVC) paste resin, and growing applications of PVC paste in the construction and Chemical and Materials industry are boosting the demand for polyvinyl chloride (PVC) paste resin products. Germany is expected to dominate the Europe polyvinyl chloride (PVC) paste resin market. The rising demand in construction for polyvinyl chloride (PVC) paste resin is fuelling the growth of the polyvinyl chloride (PVC) paste resin market. U.S. dominated North America's polyvinyl chloride (PVC) paste resin market due to the increasing usage of electrical wires and cables in installing electronics and electrical components in residential and commercial spaces.
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