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Polyvinyl Chloride (PVC) Market Surges Ahead: Driving Innovation, Infrastructure, and Global Demand Growth 2025 | Top key players - Ercros, Formosa Plastics Corporation, Hanwha Group.

08-06-2025 08:52 AM CET | Chemicals & Materials

Press release from: DataM Intelligence 4Market Research

Polyvinyl Chloride (PVC) Market

Polyvinyl Chloride (PVC) Market

The Polyvinyl Chloride Market size reached US$ 9.12 billion in 2024 and is expected to reach US$ 12.69 billion by 2032, growing with a CAGR of 4.22% during the forecast period 2025-2032.

Polyvinyl Chloride (PVC) Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Polyvinyl Chloride (PVC) market refers to the global industry producing and trading PVC, a versatile thermoplastic polymer widely used in construction, automotive, packaging, electrical, and consumer goods. Known for durability, chemical resistance, and cost-effectiveness, PVC is available in rigid and flexible forms, supporting diverse applications across industrial and commercial sectors.

List of the Key Players in the Polyvinyl Chloride (PVC) Market: Ercros, Formosa Plastics Corporation, Hanwha Group, Ineos, KEM ONE, Occidental Petroleum Corporation orbia, Shin-Etsu Chemical Co., Ltd., Vynova and Westlake Corporation.

Industry Developments:

In July 2024, Formosa Plastics Corporation announced the expansion of its PVC facility in Baton Rouge, Louisiana. The upgrade will significantly boost production capabilities, enabling the company to better meet rising customer demand and efficiently manage peak production periods.

In May 2024, Westlake Corporation revealed plans to establish a PVC-O pipe manufacturing facility at its Wichita Falls, Texas site. This development reflects a major step in Westlake's commitment to growth, innovation, and job creation in the region.

Growth Forecast Projected:

The Global Polyvinyl Chloride (PVC) Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Polyvinyl Chloride (PVC) Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Polyvinyl Chloride (PVC) Market:

By Product: Rigid, Flexible.

By Application: Pipe & Fittings, Profiles, Film & Sheet, Wire & Cables, Flooring, Others.

By End-User: Building & Construction, Packaging, Automotive, Electrical & Electronics, Others.

Regional Analysis for Polyvinyl Chloride (PVC) Market:

The regional analysis of the Polyvinyl Chloride (PVC) Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Unlock 360° Market Intelligence with DataM Subscription Services: https://www.datamintelligence.com/reports-subscription

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

Speak to Our Analyst and Get Customization in the report as per your requirements: https://datamintelligence.com/customize/polyvinyl-chloride-pvc-market

People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Polyvinyl Chloride (PVC) market?

➠ Who are the leading manufacturers in the global Polyvinyl Chloride (PVC) industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Polyvinyl Chloride (PVC) industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Polyvinyl Chloride (PVC) market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

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