The poly-vinyl chloride global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Poly-Vinyl Chloride Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The poly-vinyl chloride market size has grown strongly in recent years. It will grow from $89.94 billion in 2023 to $97.4 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to construction industry, packaging, electrical and electronics, automotive applications.
The poly-vinyl chloride market size is expected to see strong growth in the next few years. It will grow to $133.39 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to sustainability initiatives, urbanization and infrastructure development, renewable energy, advanced healthcare devices. Major trends in the forecast period include recyclable and bio-based pvc, phthalate-free formulations, digital printing on pvc, smart materials.
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Scope Of Poly-Vinyl Chloride Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Poly-Vinyl Chloride Market Overview
Market Drivers –
The PVC market growth was aided by increased demand from industries such as construction, health care, and packaging. The growing need for PVC is expected to drive the market. PVC is lightweight and strong and is heavily used in the construction industry in the form of pipes, windows, flooring, and roofing. According to Oxford Economics, a UK-based firm providing global economic forecasting and econometric analysis, the worldwide construction output is expected to grow from $10.7 trillion in 2020 to $15.2 trillion by 2030 at a rate of 42%, which is expected to positively impact the PVC market. The growth of end-user industries, including construction, health care, and packaging, boosts the demand for PVC, increasing the growth of the PVC market.
The poly-vinyl chloride market covered in this report is segmented –
1) By Product Type: Rigid PVC, Flexible PVC, Low-smoke PVC, Chlorinated PVC
3) By Application: Pipes & Fittings, Film & Sheets, Wire & Cables, Bottles, Profiles, Hoses & Tubing, Other Applications
2) By End User Industry: Building & Construction, Automotive, Electrical & Electronics, Packaging, Footwear, Healthcare, Other End Use Industries
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Regional Insights –
Asia-Pacific was the largest region in the polyvinyl chloride market in 2023. North America was the second-largest region in the global polyvinyl chloride market. The regions covered in the poly-vinyl chloride market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Key Companies –
Major companies operating in the poly-vinyl chloride market include Westlake Chemical Corporation, Shin-Etsu Chemical Co. Ltd., Ineos Group Limited, Formosa Plastics Corporation, Occidental Chemical Corporation, China National Chemical Corporation, Orbia Advance Corporation SAB de CV, Axiall Corporation, BASF SE, Mitsubishi Chemical Corporation, DuPont de Nemours Inc., LG Chem Ltd., Oxy Vinyls LP, Inovyn ChlorVinyls Limited, KEM ONE, Vinnolit GmbH & Co. KG, Kaneka Corporation, Hanwha Solutions Corporation, Teknor Color Company, Aurora Plastics LLC, Teknor Apex Company, Sylvin Technologies Inc., Benvic Europe SAS, Mexichem Specialty Compounds, Inc., Roscom Inc.
Table of Contents
1. Executive Summary
2. Poly-Vinyl Chloride Market Characteristics
3. Poly-Vinyl Chloride Market Trends And Strategies
4. Poly-Vinyl Chloride Market – Macro Economic Scenario
5. Global Poly-Vinyl Chloride Market Size and Growth
…..
32. Global Poly-Vinyl Chloride Market Competitive Benchmarking
33. Global Poly-Vinyl Chloride Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Poly-Vinyl Chloride Market
35. Poly-Vinyl Chloride Market Future Outlook and Potential Analysis
36. Appendix
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