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Polyvinyl Chloride is a vinyl chain polymer and retains its position among top three polymers, coming as it does after polyethylene and polypropylene as the largest produced synthetic commodity chemical. The global PVC market is mainly driven by its high demand in some of the high profile industries that includes electrical and electronics, building and construction, automotive, and packaging.
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Polyvinyl Chloride (PVC) MarketSet to Exceed USD 108.12 Billion By 2026 | CAGR: 7.2% “Polyvinyl Chloride (PVC) Market Share, Size, Trends & Industry Analysis Report [By Grade (Rigid PVC, Flexible PVC, and Others); By Application (Pipes & Fittings, Films & Sheets, Wire & Cables, Bottles, and Others); By End-Use (Building & Construction, Automotive, Electrical & Electronics, Packaging, Footwear, Healthcare), By Regions] Segments & Forecast, 2019 - 2026”
Polyvinyl Chloride (PVC) Market Estimate & Forecast to 2026 The global polyvinyl chloride (PVC) market size is estimated to reach USD 108.12 billion by 2026, growing at a CAGR of 7.2% during the forecast period, according to a new study published by Polaris Market Research. Polyvinyl Chloride is a vinyl chain polymer and retains its position among top three polymers, coming as it does after polyethylene and polypropylene as the largest produced synthetic commodity chemical. The global PVC market is mainly driven by its high demand in some of the high profile industries that includes electrical and electronics, building and construction, automotive, and packaging. Drivers to robust growth of polyvinyl chloride include jubilant building and construction sector, high demand for automotive components with a large market share in automobile industry and rising medical devices. Technological in-roads are playing a decisive role in the thriving growth of PVC Industry. Modified PVC, PVC- M and PVC-O have come about because of technical prowess in PVC and are used across a wide application area. Controlling harmful emissions are yet another aspect of technical developments in PVC product. The reduction is equivalent to 99.45% reduction in lead additives and 90% in harmony with PVC Industry energy and Greenhouse Gas Emissions Charter.
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Polyvinyl Chloride (PVC) Market Estimate & Forecast to 2026 Asia Pacific is the most prolific regional market for polyvinyl chloride and the regional demand rises from China, India, Vietnam and Indonesia and Thailand. China is the world’s largest importer of polyvinyl chloride and has a huge product base of polyvinyl chloride with massive investments thrown in. U.S. and Europe are two exceedingly well-established markets for polyvinyl chloride. The United States is the largest exporter of PVC with offshore market presence coupled with economical shipping globally. Western Europe and U.S. are two global leaders with almost identical market size. The key players in polyvinyl chloride include a spate of large multinationals and important regional players. The companies include China National Chemical Corporation, Formosa Plastics Corporation, Occidental Petroleum Corporation, Mexichem Sab de CV, Saudi Plastics Products Company Ltd., LG Chem, SABIC (Saudi Arabia Basic Industries Corporation) and Shin Etsu Chemical Co. Ltd. Browse Complete Report
Polyvinyl Chloride (PVC) Market Size Request for TOC
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