Global Polyvinyl Chloride (PVC) Market is segmented By Grade (Rigid PVC, Flexible PVC, and Others), By Application (Pipes & Fittings, Films & Sheets, Wire & Cables, Bottles, and Others), By End-Use (Building & Construction, Automotive, Electrical & Electronics, Packaging, Footwear, Healthcare), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029
The Global Polyvinyl Chloride Market is expected to grow at a CAGR of 7.20% during the forecasting period (2022-2029).
Polyvinyl Chloride Market Scope and Summary
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Metrics |
Details |
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Market CAGR |
7.20% |
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Segments Covered |
By Grade, By Application, By End-Use and By Region |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
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Fastest Growing Region |
Asia Pacific |
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Largest Market Share |
North America |
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The scope of this report
- This report covers factors impacting the market, Porter 5 Forces, PVC Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.
- The report profiles companies are occupying large PVC Market Shares like BASF SE, Axiall Corp., Coventry, Ineos Chlorvinyls Ltd., Huntsman Corp., Lubrizol, Occidental Petroleum Corp., The Dow Chemical Co., Westlake Chemical Corporation, Formosa Plastics Group, Recticel SA, and Kem One.
Polyvinyl Chloride Market Segmentation Analysis
- PVC Market is segmented based on the application into Pipes & fittings, Wires and cables, Film & sheets, Profiles, and Others.
- Pipes & Fittings is one of the significant applications of PVC taking a substantial share of 43% in global sales followed by Profiles which is making 19%.
- Asia-Pacific takes up a significant part of Polyvinyl Chloride Market Share with a demand of more than 65% of global PVC production with a majority contribution from China, followed by India. The primary factor contributing to the lead of PVC in this region is the higher penetration of plastics in various industry segments.
- Further, the market is segmented based on Types into Rigid PVC, Flexible PVC, Low-Smoke PVC, and Chlorinated PVC.
- Also, the market is classified by End-User as Automotive, Electrical & Electronics, Construction, Packaging, and Others.
- The report segments the geographies by region, which include North America, South America, Europe, Asia Pacific, and RoW.
Polyvinyl Chloride Market Growth
- Development in Infrastructure, Agriculture, and Packaging industries across the globe is highly contributing to the increasing demand for the PVC market globally.
- PVC is mostly available in two necessary forms namely, rigid PVC and flexible PVC. Apart from this, Low-Smoke PVC and Chlorinated PVC are the other forms that are commonly used.
- The rigid form of PVC is used in construction for pipes in profile applications such as doors and windows, for bottles,non-food packaging, and cards (such as bank or membership cards). Flexible PVC is used in plumbing, electrical cable insulation, imitation leather, signage, phonograph records, inflatable products, and many applications as an alternative to rubber.
Frequently Asked Questions
What is the Polyvinyl Chloride Market growth?
The market is growing at a CAGR of 7.20%.
What is Polyvinyl Chloride Market size in 2021
The Polyvinyl Chloride Market size was valued at USD YY million in 2021.
Who are the key players in Polyvinyl Chloride Market?
Major Players are BASF SE, Axiall Corp, Covestro, Ineos Chlorvinyls Ltd, Huntsman Corp, Lubrizol, Occidental Petroleum Corp, The DOW Chemical Co.