Polyvinyl Chloride Trends and Forecast
The future of the global polyvinyl chloride market looks promising with opportunities in the building and construction, automotive, electrical and electronics, packaging, footwear, and healthcare markets. The global polyvinyl chloride market is expected to grow with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are rising demand for durable and flexible materials and substantial demand for this material from industries, such as construction, automotive, electrical, and healthcare.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Polyvinyl Chloride by Segment
The study includes a forecast for the global polyvinyl chloride by product type, application, end use, and region.
Polyvinyl Chloride Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Rigid PVC
• Flexible PVC
• Others
Polyvinyl Chloride Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Pipes and Fittings
• Film and Sheets
• Wire and Cables
• Bottles
• Profiles, Hoses and Tubings
• Others
Polyvinyl Chloride Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Building and Construction
• Automotive
• Electrical and Electronics
• Packaging
• Footwear
• Healthcare
• Others
Polyvinyl Chloride Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Polyvinyl Chloride Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polyvinyl chloride companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polyvinyl chloride companies profiled in this report include-
• Arkema
• Formosa Plastics
• Xinjiang Zhongtai Chemical
• Westlake Chemical Corporation
• Shin-Etsu Chemical
• Saudi Basic Industries
• Occidental Petroleum
Polyvinyl Chloride Market Insights
Lucintel forecasts that rigid PVC will remain the larger segment over the forecast period due to its significant use in electronics, construction, and consumer items given its efficient durability and resistance to various chemicals, corrosion, and weathering.
Within this market, building and construction is expected to witness the highest growth over the forecast period.
APAC will remain the largest region over the forecast period due to expanding construction of numerous residential and commercial buildings, rising focus on using flexible and durable materials in the packaging industry, and existence of electronics production base in the region.
Features of the Global Polyvinyl Chloride Market
Market Size Estimates: Polyvinyl chloride market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Polyvinyl chloride market size by product type, application, end use, and region in terms of value ($B).
Regional Analysis: Polyvinyl chloride market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, applications, end uses, and regions for the polyvinyl chloride market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the polyvinyl chloride market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for polyvinyl chloride market?
Answer: The global polyvinyl chloride market is expected to grow with a CAGR of 4.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the polyvinyl chloride market?
Answer: The major drivers for this market are rising demand for durable and flexible materials and substantial demand for this material from industries, such as construction, automotive, electrical, and healthcare.
Q3. What are the major segments for polyvinyl chloride market?
Answer: The future of the polyvinyl chloride market looks promising with opportunities in the building and construction, automotive, electrical and electronics, packaging, footwear, and healthcare markets.
Q4. Who are the key polyvinyl chloride market companies?
Answer: Some of the key polyvinyl chloride companies are as follows:
• Arkema
• Formosa Plastics
• Xinjiang Zhongtai Chemical
• Westlake Chemical Corporation
• Shin-Etsu Chemical
• Saudi Basic Industries
• Occidental Petroleum
Q5. Which polyvinyl chloride market segment will be the largest in future?
Answer: Lucintel forecasts that rigid PVC will remain the larger segment over the forecast period due to its significant use in electronics, construction, and consumer items given its efficient durability and resistance to various chemicals, corrosion, and weathering.
Q6. In polyvinyl chloride market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to expanding construction of numerous residential and commercial buildings, rising focus on using flexible and durable materials in the packaging industry, and existence of electronics production base in the region.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the polyvinyl chloride market by product type (rigid PVC, flexible PVC, and others), application (pipes and fittings, film and sheets, wire and cables, bottles, profiles, hoses and tubings, and others), end use (building and construction, automotive, electrical and electronics, packaging, footwear, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Polyvinyl Chloride Market, Polyvinyl Chloride Market Size, Polyvinyl Chloride Market Growth, Polyvinyl Chloride Market Analysis, Polyvinyl Chloride Market Report, Polyvinyl Chloride Market Share, Polyvinyl Chloride Market Trends, Polyvinyl Chloride Market Forecast, Polyvinyl Chloride Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.