Polyvinyl Chloride (PVC) Market Growth, Top Players, and Forecast by 2031

MARKET OVERVIEW

Polyvinyl Chloride (PVC) is a thermoplastic polymer that is widely used in various industrial and commercial applications due to its chemical resistance, durability, and versatility. PVC is used in the production of various products, including pipes, siding, flooring, wire and cable insulation, and medical devices. Despite the challenges faced by the market, such as the rising prices of raw materials and growing environmental concerns surrounding the disposal of PVC products, the Polyvinyl Chloride (PVC) market is expected to experience growth in the forecast period. This is because of the increasing demand for PVC products and the development of new technologies to recycle PVC waste.

MARKET DYNAMICS

The polyvinyl chloride market is anticipated to grow rapidly on account of increased usage of plastics in automotive to reduce weight and enhance fuel economy. Growing demands of PVC from the construction industry and increasing applications in the healthcare industry further boost the polyvinyl chloride market. However, the shortage of feedstock supplies and hazardous impacts of PVC on human health and environment negatively affect the growth of the polyvinyl chloride market. The polyvinyl chloride market, on the other hand, is likely to showcase growth opportunities with the introduction of recycled PVC and thriving usage in electric vehicles during the forecast period.

MARKET SCOPE

The "Global Polyvinyl Chloride Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the polyvinyl chloride market with detailed market segmentation by product, application, end-user industry and geography. The global polyvinyl chloride market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading polyvinyl chloride market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global polyvinyl chloride market is segmented on the basis of product, application and end-user industry. Based on the product, the market is segmented as rigid PVC, flexible PVC, low-smoke PVC and chlorinated PVC. By application, the market is segmented as pipes and fittings, film and sheets, wire and cables, bottles, profiles, hoses and tubing and others. The market on the basis of the end-user industry is classified as building & construction, automotive, electrical & electronics, packaging, footwear, healthcare and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global polyvinyl chloride market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The polyvinyl chloride market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the polyvinyl chloride market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the polyvinyl chloride market in these regions.

MARKET PLAYERS

The reports cover key developments in the polyvinyl chloride market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from polyvinyl chloride market are anticipated to lucrative growth opportunities in the future with the rising demand for polyvinyl chloride in the global market. Below mentioned is the list of few companies engaged in the polyvinyl chloride market.

The report also includes the profiles of key polyvinyl chloride companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

• China Chemical Industry Group Co., Ltd.
• Formosa Plastics Corporation
• INOVYN ChlorVinyls Limited (INEOS AG)
• KEM ONE HOLDING SAS
• LG Chem, Ltd.
• Mexichem, S.A.B. de C.V.
• Occidental Petroleum Corporation
• Shin-Etsu Chemical Co., Ltd.
• Westlake Chemical Corporation
• Xinjiang Zhongtai Chemical Co., Ltd.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Polyvinyl Chloride (PVC) Report Scope