“Polyvinyl Chloride Market” Polyvinyl chloride (PVC) is one of the most widely used plastics in the world which is produced by polymerizing vinyl chloride monomers. Various properties of PVC like abrasion resistance, light weight, good mechanical strength, and toughness enable its wide use in construction, automotive, packaging, and electrical industries.
Market Analysis and Insights: Global Polyvinyl Chloride Market
Due to the COVID-19 pandemic, the global Polyvinyl Chloride market size is estimated to be worth USD 68460 million in 2023 and is forecast to a readjusted size of USD 88540 million by 2028 with a CAGR of 4.4% during the review period. Fully considering the economic change by this health crisis, Rigid Polyvinyl Chloride accounting for % of the Polyvinyl Chloride global market in 2021, is projected to value USD million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Building & Construction segment is altered to an % CAGR throughout this forecast period.
China Polyvinyl Chloride market size is valued at USD million in 2021, while the US and Europe Polyvinyl Chloride are USD million and USD million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Polyvinyl Chloride landscape, Germany is projected to reach USD million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Polyvinyl Chloride include Shin-Etsu Chemical Co. Ltd., Formosa Plastics Group, Occidental Petroleum Corporation, Ineos Chlorvinyls Ltd, Solvay S.A., Westlake Chemical, Mexichem S.A.B., KEM one and Vinnolit Gmbh & Co. Kg and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Polyvinyl Chloride capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2023, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Polyvinyl Chloride by region (region level and country level), by company, by Type and by Application. from 2017 to 2023 and forecast to 2028.
Global Polyvinyl Chloride Scope and Segment
Polyvinyl Chloride market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Polyvinyl Chloride market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
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The Major Players in the Industrial Polyvinyl Chloride Market include:
- Shin-Etsu Chemical Co. Ltd.
- Formosa Plastics Group
- Occidental Petroleum Corporation
- Ineos Chlorvinyls Ltd
- Solvay S.A.
- Westlake Chemical
- Mexichem S.A.B.
- KEM one
- Vinnolit Gmbh & Co. Kg
- Xinjiang Zhongtai Chemical Co. Ltd.
By Product Types:
- Rigid Polyvinyl Chloride
- Flexible Polyvinyl Chloride
- Building & Construction
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