PVC Compound Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

PVC Compound Market Size
The global PVC Compound market was valued at US$ 3939.6 million in 2023 and is anticipated to reach US$ 5528.4 million by 2030, witnessing a CAGR of 4.9% during the forecast period 2024-2030.

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PVC Compound Market
The most versatile thermoplastic material commercially available in a variety of compounded forms to cover a wide range of hardness and flexibility applications is PVC. It has good physical strength and excellent resistance to water and chemicals. The PVC characteristics are when the flame is withdrawn and difficult to ignite and have self-extinguishing.
PVC resin is liable to degradation on heating and is a very tricky material to process, unless properly compounded. This places a great deal of responsibility on the compounding technologist. The use of compounding is to mix the resin and other additives into a homogeneous state of processing. These compounds use for the manufacture of finished products. It is impossible to process PVC resin without the addition of certain compounding ingredients such as heat stabilizers and lubricants.
The global PVC Compound industry has a low concentration. The major manufacturers are concentrated in USA, and Europe, such as Westlake Chemical, Mexichem, Aurora Plastics, Benvic Europe and INEOS Compounds. At present, Westlake Chemical is the world leader, holding 23% production market share.
The global PVC Compound consumption market is led by North America and Europe. And North America is the largest region consumption market, accounting for about 52% of global consumption of PVC Compound.
PVC Compound downstream is wide and recently PVC Compound has acquired increasing significance in various fields of Wire & Cable, Pipe & Fitting, the PVC Compound market is mainly driven by growing demand for Profiles & Tubes. Profiles & Tubes accounts for nearly 25% of total downstream consumption of PVC Compound in global.
PVC Compound can be mainly divided into Non-Plasticised PVC and Plasticised PVC, which Plasticised PVC captures about 65% of PVC Compound market.
This report aims to provide a comprehensive presentation of the global market for PVC Compound, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding PVC Compound.
Report Scope
The PVC Compound market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global PVC Compound market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the PVC Compound manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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Segment by Type
• Non-Plasticised PVC
• Plasticised PVC

Segment by Application
• Pipe & Fitting
• Profiles & Tubes
• Wire & Cable
• Film & Sheet
• Others

By Company
Westlake Chemical, Mexichem, Aurora Plastics, Benvic Europe, INEOS Compounds, Vinyl Compounds, Teknor Apex, Flex Technologies, Roscom, EMPOL/IFFCO, Cary Compound, S&E Specialty Polymers, Sylvin Technologies, Konnark Polymer, Mazda Plastic, Thevinyl, ACTEGA, PolyOne, Hanwha (Korea), Kingfa (China), Thai Plastics

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