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Polyvinyl Chloride (PVC) Market to Reach USD 87.43 Billion by 2030 Amid Rising Demand Across Industries

01-28-2025 04:13 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Polyvinyl Chloride (PVC) Market

Polyvinyl Chloride (PVC) Market

๐๐จ๐ฅ๐ฒ๐ฏ๐ข๐ง๐ฒ๐ฅ ๐‚๐ก๐ฅ๐จ๐ซ๐ข๐๐ž (๐๐•๐‚) ๐Œ๐š๐ซ๐ค๐ž๐ญ to Reach USD 87.43 Billion by 2030, Growing at a CAGR of 3.7%

The ๐๐จ๐ฅ๐ฒ๐ฏ๐ข๐ง๐ฒ๐ฅ ๐‚๐ก๐ฅ๐จ๐ซ๐ข๐๐ž (๐๐•๐‚) ๐Œ๐š๐ซ๐ค๐ž๐ญ, valued at USD 67.80 billion in 2023, is projected to grow steadily at a CAGR of 3.7% during the forecast period, reaching USD 87.43 billion by 2030. This growth is driven by the increasing demand for PVC across various industries, including construction, automotive, and healthcare, due to its durability, versatility, and cost-effectiveness. Rising urbanization and infrastructure development, along with advancements in PVC recycling technologies, are further supporting market expansion globally. Additionally, the growing focus on sustainable materials is creating opportunities for innovations in PVC production.

๐„๐ฑ๐œ๐ข๐ญ๐ž๐ ๐ญ๐จ ๐๐ข๐ฏ๐ž ๐ข๐ง? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ฎ๐ง๐œ๐จ๐ฏ๐ž๐ซ ๐ข๐ญ๐ฌ ๐œ๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/23367/

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐๐จ๐ฅ๐ฒ๐ฏ๐ข๐ง๐ฒ๐ฅ ๐‚๐ก๐ฅ๐จ๐ซ๐ข๐๐ž (๐๐•๐‚) ๐Œ๐š๐ซ๐ค๐ž๐ญ:

๐•๐ข๐ž๐ญ๐ง๐š๐ฆ: ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐๐•๐‚ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Vietnam's PVC market is witnessing robust growth due to rapid industrialization and urbanization. The construction industry, in particular, is driving demand for PVC pipes and fittings. Companies like PetroVietnam are actively investing in PVC production facilities to meet domestic and export demand. Recent government-backed infrastructure projects have further boosted market opportunities.

๐“๐ก๐š๐ข๐ฅ๐š๐ง๐: ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐๐•๐‚ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Thailand has emerged as a significant player in the PVC market, supported by its well-established petrochemical industry. Companies such as SCG Chemicals are expanding their production capacity to cater to growing regional demand. Recent developments include collaborations between local manufacturers and global players to improve production efficiency and sustainability.

๐‰๐š๐ฉ๐š๐ง: ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ž ๐๐•๐‚ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Japan's PVC market is characterized by its focus on high-quality and environmentally friendly products. Major players like Shin-Etsu Chemical have been leading in innovation and sustainability initiatives. The market has seen recent consolidation with strategic partnerships aimed at enhancing product offerings and expanding export capabilities.

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š: ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐๐•๐‚ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ

South Korea's PVC industry is thriving due to advancements in technology and increased demand from the construction and automotive sectors. Companies like LG Chem are developing eco-friendly PVC products to align with global sustainability goals. Government incentives for green manufacturing have also played a pivotal role in market expansion.

๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž: ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ž ๐๐•๐‚ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Singapore is leveraging its strategic location and advanced logistics infrastructure to become a hub for PVC trade in Southeast Asia. Companies such as Hyflux are exploring innovative uses of PVC in water treatment and infrastructure projects. Recent government-backed research initiatives are focused on enhancing PVC recycling technologies.

๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ: ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ž ๐๐•๐‚ ๐Œ๐š๐ซ๐ค๐ž๐ญ

The United States remains a dominant player in the global PVC market, driven by high demand in construction and healthcare applications. Key companies like Westlake Chemical and Formosa Plastics are investing in capacity expansion to meet growing domestic and international demand. Recent mergers, such as OxyChem's acquisition of smaller PVC producers, have strengthened market presence.

๐„๐ฎ๐ซ๐จ๐ฉ๐ž: ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ž ๐๐•๐‚ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ

Europe's PVC market is seeing steady growth due to increasing focus on sustainability and strict environmental regulations. Companies like INEOS Group and Vinnolit are investing in green PVC production technologies. Recent partnerships between regional players and global manufacturers are driving innovation and expanding market reach.

๐๐จ๐ฅ๐ฒ๐ฏ๐ข๐ง๐ฒ๐ฅ ๐‚๐ก๐ฅ๐จ๐ซ๐ข๐๐ž (๐๐•๐‚) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

by Product Type

Rigid PVC
Flexible PVC
Low-smoke PVC
Chlorinated PVC

by Stabilizer Type

Lead Stabilizers
Calcium-Zinc Stabilizers
Organotin Stabilizers
Others

by Application

Pipes and fittings
Films and sheets
Wires and cables
Bottles
Others

by End-User

Building and Construction
Automotive
Electrical and Electronics, Packaging
Healthcare
Others

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/23367/

๐๐จ๐ฅ๐ฒ๐ฏ๐ข๐ง๐ฒ๐ฅ ๐‚๐ก๐ฅ๐จ๐ซ๐ข๐๐ž (๐๐•๐‚) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

Global
1. Formosa Plastics Corporation (Ma On Shan, Hong Kong)
2. Shin-Etsu Chemical Co., Ltd. (Tokyo, Japan)
3. Solvay (Brussels, Belgium)
4. Lotte Chemical Corporation (Seoul, South Korea)
5. Vinnolit GmbH & Co. KG (Burghausen, Germany)
North America
1. Occidental Petroleum Corporation (Houston, Texas)
2. Axiall Corporation (Atlanta, Georgia)
3. Nexeo Plastics (Houston, Texas)
4. Georgia Gulf Polymers & Chemicals LLC (Atlanta, Georgia)
Europe
1. Wacker Chemie AG (Munich, Germany)
2. Huntsman Corporation (The Woodlands, Texas)
3. Georgia Gulf Polymers & Chemicals LLC (Atlanta, Georgia)
4. Polypipe Holding Plc (Manchester, UK)
Europe
1. Solvay (Brussels, Belgium)
2. Kem One (Lyon, France)
3. Elementis plc (Watford, UK)
4. Wacker Chemie AG (Munich, Germany)
Asia Pacific
1. China National Chemical Corporation (ChemChina) (Beijing, China)
2. LG Chem (Seoul, South Korea)
3. Tianjin Bohai Chemical Industry Group Co., Ltd. (Tianjin, China
4. Tosoh Corporation (Shunan, Japan)
5. Hanwha Chemical Corporation (Seoul, South Korea)

๐…๐จ๐ซ ๐๐ž๐ž๐ฉ๐ž๐ซ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ฉ๐ž๐ซ๐ฎ๐ฌ๐ž ๐ญ๐ก๐ž ๐ฌ๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-polyvinyl-chloride-pvc-market/23367/

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐๐จ๐ฅ๐ฒ๐ฏ๐ข๐ง๐ฒ๐ฅ ๐‚๐ก๐ฅ๐จ๐ซ๐ข๐๐ž (๐๐•๐‚) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

What is Polyvinyl Chloride (PVC)?
What is the growth rate of the Polyvinyl Chloride (PVC) Market?
What was the Polyvinyl Chloride (PVC) Market size in 2024?
What are the upcoming opportunities and trends for the Polyvinyl Chloride (PVC) Market?
What are the different segments of the Polyvinyl Chloride (PVC) Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Polyvinyl Chloride (PVC) Market?
What segments are covered in the Polyvinyl Chloride (PVC) Market?
Which are the factors expected to drive the Polyvinyl Chloride (PVC) Market growth?
What growth strategies are the players considering to increase their presence in Copper?
Who are the leading companies and what are their portfolios in Polyvinyl Chloride (PVC) Market?
Who are the key players in the Polyvinyl Chloride (PVC) Market?
What is the CAGR at which the Polyvinyl Chloride (PVC) Market will grow during the forecast period?

๐„๐š๐ ๐ž๐ซ ๐ญ๐จ ๐๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐ฐ๐ก๐š๐ญ'๐ฌ ๐ฐ๐ข๐ญ๐ก๐ข๐ง? ๐’๐ž๐œ๐ฎ๐ซ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/23367/

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by different segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐œ๐ฎ๐ญ๐ญ๐ข๐ง๐ -๐ž๐๐ ๐ž ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Ÿ๐ซ๐จ๐ฆ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ข๐ฌ ๐ง๐จ๐ฐ ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐ :

โ™ฆGlobal Underground Mining Diamond Drilling Market https://www.maximizemarketresearch.com/market-report/global-underground-mining-diamond-drilling-market/24932/

โ™ฆMicrobial Therapeutic Products Market https://www.maximizemarketresearch.com/market-report/microbial-therapeutic-products-market/147423/

โ™ฆGlobal Remote Sensing Technology Market https://www.maximizemarketresearch.com/market-report/global-remote-sensing-technology-market/101330/

โ™ฆ Global Managed Transportation Services Market https://www.maximizemarketresearch.com/market-report/global-managed-transportation-services-market/95103/

โ™ฆGlobal CloudBased Language Learning Market https://www.maximizemarketresearch.com/market-report/global-cloud-based-language-learning-market/55451/

โ™ฆGlobal Smart Grid Cyber Security Market https://www.maximizemarketresearch.com/market-report/global-smart-grid-cyber-security-market/24516/

โ™ฆGlobal Education ERP Market https://www.maximizemarketresearch.com/market-report/global-education-erp-market/89047/

MAXIMIZE MARKET RESEARCH PVT. LTD.

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Pune, Maharashtra 411041, India.

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๐Ÿ–‚ sales@maximizemarketresearch.com

๐ŸŒ www.maximizemarketresearch.com

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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PVC Wall Panels & PVC Wall Papers Market Status 2021 Scope, Latest Trend, Growth โ€ฆ
PVC Wall Panels & PVC Wall Papers Market Overview: This PVC Wall Panels & PVC Wall Papers Market Report provides a comprehensive environment of the analysis for estimates provided in the report are the result of in-depth secondary research, primary interviews and in-house expert reviews. These market estimates have been considered by concentrating on the impact of various social, political and economic factors along with the current market dynamics influencing theโ€ฆ
01-28-2021 | IT, New Media & Software
AMA Research & Media LLP
PVC Pipes Market to See Major Growth by 2026 | Bow Plastics, Royal PVC, Tulsi Ex โ€ฆ
Latest released the research study on Global PVC Pipes Market, offers a detailed overview of the factors influencing the global business scope. PVC Pipes Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the PVC Pipes The study covers emerging playerโ€™s data, including: competitiveโ€ฆ
03-10-2017 | Business, Economy, Finances, B โ€ฆ
GlobeMetrix
Global Polyvinyl Chloride (PVC) Market 2017 -
Worldwide Polyvinyl Chloride (PVC) 2017 Research Report presents a professional and complete analysis of Global Polyvinyl Chloride (PVC) Market on the current situation. In the first part, the report provides a general overview of the Polyvinyl Chloride (PVC) industry 2017 including definitions, classifications, Polyvinyl Chloride (PVC) market analysis, a wide range of applications and Polyvinyl Chloride (PVC) industry chain structure. The 2017's report on Polyvinyl Chloride (PVC) industry offers the globalโ€ฆ