The PVC Emulsion Global Market Report 2023, provides comprehensive information on the pvc emulsion market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global PVC emulsion market size is expected to grow from $3.00 billion in 2022 to $3.15 billion in 2023 at a compound annual growth rate (CAGR) of 5.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global PVC emulsion market size is expected to reach $3.73 billion in 2027 at a CAGR of 4.3%.
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Product innovation is the key trend gaining popularity in the PVC emulsion market. Major companies operating in the PVC emulsion market are focused on innovative products to sustain their position. For instance, in October 2022, Westlake Vinnolit, a Germany-based company operating in polyvinyl chloride resins introduced GreenVin® PVC, a bio-attributed PVC based on renewable ethylene. GreenVin® bio-attributed PVC is created using renewable electricity and renewable ethylene from biomass. Additionally, GreenVin® bio-attributed PVC releases 90% less CO2 during production as compared to traditionally produced Vinnolit PVC.
The pvc emulsion market is segmented:
1) By Type: Micro Suspension, Micro Seeded, Other Types
2) By Application: Flooring And Wall Covering, Fabric Coating, Synthetic Leather Manufacturing, Automotive Mastic And Sealants, Printing Inks And Adhesives, Surface Coating, Other Applications
North America was the largest region in the pvc emulsion market in 2022.
The table of contents in TBRC’s pvc emulsion market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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