Polyvinyl Chloride (PVC) Market By Reports And Data
Polyvinyl Chloride (PVC) Market
To Reach USD 88.02 Billion By
2027
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Market Summary
The Global Polyvinyl Chloride (PVC) market is forecast to reach
USD 88.02 Billion by 2027, according to a new report by Reports
and Data. Polyvinyl Chloride (PVC) can be defined as a versatile
thermoplastic polymer. It is an economical option for heavy and
expensive metals used in construction and building industry for
producing window & door profiles, wire, and cable insulation,
pipes (drinking and wastewater), and medical devices, among
others. Some of its mentionable traits are excellent mechanical
properties, which is abrasion-resistant, tough, lightweight,
effective chemical resistance, flame retardance, durability and
good insulation properties, and dielectric strength.
The presence of these traits have resulted in the extensive
application in construction, electronics, packaging, and
transportation sector, among others. Furthermore, continuous
expansion of the automotive industry and rising demand for
lightweight vehicles is also resulting in increasing demand for PVC
in the automotive sector. The fact that PVC is widely available
and easily recyclable also supports the growth of the market.
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Further key findings from the report suggest
• In context to Application, the Film & Sheets segment is projected to witness the fastest CAGR of 4.5% during
the forecast period. The growth rate witnessed by this segment is resultant of growth in the e-commerce
sector and food packaging industry that results in the rising demand for PVCs in Film & Sheets segment.
• The Polyvinyl Chloride market held a market share of USD 90 Billion in the year 2018 that is forecasted to
grow at a rate of 3.9% during the forecast period.
• In context to Resources, the bio-attributed PVC segment is projected to witness a faster growth rate of 5.3%
during the forecast period, which is expected to occupy 35.0% of the market in 2027. The growth rate
witnessed by the bio-attributed PVC resources segment is attributed to the formulation of stringent
government regulations and legislations focusing on minimized use of non-renewable resources and the
increasing emphasis on development of bio-attributed PVCs by the market players. The launch of the first-
ever commercially available grade of bio-attributed PVC- BIOVYNTM by INOVYN is resulting in its growing
popularity.
• In context to Product Type, the rigid PVC segment generated a higher revenue of USD 32.19 Billion in 2018,
with a CAGR 3.6% during the forecast period. Its traits like excellent physical properties, stiffness, ease of
fabrication, along with low-cost results in its extensive use in the construction of tanks, piping systems that
contribute to higher revenue generated by this segment.
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Key participants include BASF SE, Formosa Plastics Corporation, China National Chemical Corporation
(ChemChina), Kem One SAS, INOVYN, Orbia, LG Chem, Occidental Petroleum Corporation, Xinjiang Zhongtai
Chemical Co. Ltd, and SABIC.
For the purpose of this report, Reports and Data have segmented the global Polyvinyl Chloride market according
to Product Type, Resources, Emulsion Process, End-user, Application, and Region:
Product Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
• Flexible PVC
• Rigid PVC
Resources Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
• Fossil based PVC
• Bio-attributed PVC
Emulsion Process Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
• Bulk polymerization
• Emulsion polymerization
• Suspension polymerization
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Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
•Film & Sheets
•Pipes & Fittings
•Bottles
•Wire & Cables
•Profiles
•Pastes
•Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
•North America
•Europe
•Asia Pacific
•MEA
•Latin America
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About Us
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