Emerging Trends in the PVC Compound Industry

We at Lucintel are glad to announce the launch of a new research report on the PVC compound market entitled “Growth Opportunities in the PVC Compound Industry.”

According to our research in this market report, the PVC compound market is expected to reach an estimated $15 billion by 2024 with a CAGR of 5.4% from 2019 to 2024. There are some interesting new developments in the PVC compound market as competition intensifies and players try to increase their market share. Some of the emerging trends shaping market dynamics include development of molecular orientation technology for efficient, environment- friendly, and cost- efficient high pressure PVC water pipe.

In the PVC compound market, electrical and electronics, building and construction, packaging, automotive industries are some of the major segments of PVC compound. On the basis of comprehensive research, Lucintel forecasts that the film and sheet segment will remain the largest application by value and volume due to increasing demand of food packaging in the emerging nations. Lucintel predicts that flooring application is expected to witness the highest growth during forecast period due to growth in luxury vinyl tile (LVT) market.

This market report on PVC compound answers following key questions about the market:

Q.1. What are some of the most promising, high-growth opportunities in the PVC compound market by segment and region?

Q.2. Which segments in the PVC compound market will grow at a faster pace and why?

Q.3. What are the business risks and competitive threats in PVC compound market?

Q.4. What are emerging trends in PVC compound market and reasons behind them?

Q.5. What are some of the changing demands and needs of customers in the PVC compound industry?

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