Market Overview:
The global polyvinyl chloride resins (PVC) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for PVC in building & construction, automotive, electrical, footwear, and packaging applications. Additionally, the growing demand for PVC in Asia Pacific and Middle East & Africa is also contributing to the growth of the market. However, volatility in raw material prices may restrain the growth of this market during the forecast period. On basis of type, rigid polyvinyl chloride accounted for majority share of global PVC resin market in 2017 and is projected to maintain its dominance during forecast period as well. Rigid PVC finds major application in building & construction sector due to its excellent physical properties such as high impact resistance and stiffness which makes it suitable for manufacturing window profiles, door frames etcetera . On basis on application , building & construction was largest segment accounting for more than one-third share of global PVCR resin market revenue followed by automotive sector . Electrical industry is projected witness highest CAGR over next decade owing rising demand from countries such as China , India and Japan among others .
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Product Definition:
A polymer made from the monomer vinyl chloride, PVC is one of the most widely used plastics in the world. It is strong, flexible, and relatively inexpensive. PVC is often used to make pipes and tubing, construction materials such as window frames and siding, and consumer goods such as credit cards and records.
Rigid Polyvinyl Chloride:
Rigid polyvinyl chloride is a thermoplastic polymer, produced by the polymerization of vinyl chloride. It has high tensile strength and low elongation to break when subjected to tension or compression. Rigid PVC is used for manufacturing pipes, tubes, films and other packaging products such as consumer goods containers among others.
Flexible Polyvinyl Chloride:
Flexible polyvinyl chloride is a thermoplastic polymer, which can be processed at low temperatures. It has high tensile strength and durability as compared to other plastics. Flexible PVC is used in the production of films, tapes & sheets, coatings and adhesives owing to its properties such as flexibility & good elasticity along with excellent surface gloss.
Application Insights:
Building and construction was the largest application segment in 2016, accounting for over 55% of the overall demand. Increasing infrastructural development activities across the globe are expected to drive polyvinyl chloride resins (PVC) consumption in this application segment over the forecast period.
The automotive sector is also likely to witness significant growth owing to increasing consumer disposable income and awareness regarding vehicle maintenance. PVC compounds are used for manufacturing automobile parts such as pipes, seat covers, steering wheels, door panels and instrument panel housings among others. The growing importance of lightweight materials has led manufacturers towards using these materials while manufacturing automobile components; this is further anticipated to augment market growth during the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing PVC production capacity in China, India, Thailand, and Indonesia. Furthermore, rising demand for PVC from various end-use industries such as packaging & containers; automotive; building & construction; electrical & electronics is anticipated to propel industry expansion over the coming years.
The Asia Pacific was followed by Europe which accounted for a share of more than 20% in 2017 owing to high product consumption particularly from Germany, U.K., France and Italy among other Eastern European countries that are characterized by cold climate conditions requiring heat insulation materials such as thermal plastics or rubber products made out of polymers including PVC). However despite being major consumers they have been experiencing sluggish growth since 2014 due to economic slowdown coupled with political instability especially after 2016 Brexit vote which resulted into decline in construction spending along with consumer confidence thereby affecting overall industry performance negatively.
Growth Factors:
- Growing demand from construction and infrastructure sectors: PVC resins are extensively used in the construction and infrastructure industries for manufacturing pipes, profiles, sheets, and other products. The growing demand for these products in these sectors is expected to drive the growth of the PVC resin market in the coming years.
- Rising demand from automotive sector: PVC resins are used extensively in the manufacture of automotive parts such as door panels, dashboards, seat covers, etc. The increasing demand for automobiles across the globe is expected to boost the growth of the PVC resin market in future.
- Increasing use of plastics in packaging applications: With stringent government regulations on use of plastics bags and other packaging materials, there is a rising trend towards using plastics instead of traditional materials like paperboard and metal cans. This is expected to fuelthe growthofPVCresinmarketinfutureasPVCresiniswidelyusedinpackagingapplicationsdueittoitspropertiessuchasrigidityandstrength.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyvinyl Chloride Resins (PVC) Market Research Report
By Type
Rigid Polyvinyl Chloride, Flexible Polyvinyl Chloride
By Application
Building & Construction, Automotive, Electrical, Footwear, Packaging, Others
By Companies
Shin-Etsu Chemical Co. Ltd., Formosa Plastics Group, Occidental Petroleum Corporation, Ineos Chlorvinyls Ltd, Solvay S.A., Westlake Chemical, Mexichem S.A.B., KEM one, Vinnolit Gmbh & Co. Kg, Xinjiang Zhongtai Chemical Co. Ltd., Shin-Etsu Chemical Co. Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Polyvinyl Chloride Resins (PVC) Market Report Segments:
The global Polyvinyl Chloride Resins (PVC) market is segmented on the basis of:
Types
Rigid Polyvinyl Chloride, Flexible Polyvinyl Chloride
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building & Construction, Automotive, Electrical, Footwear, Packaging, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Shin-Etsu Chemical Co. Ltd.
- Formosa Plastics Group
- Occidental Petroleum Corporation
- Ineos Chlorvinyls Ltd
- Solvay S.A.
- Westlake Chemical
- Mexichem S.A.B.
- KEM one
- Vinnolit Gmbh & Co. Kg
- Xinjiang Zhongtai Chemical Co. Ltd.
- Shin-Etsu Chemical Co. Ltd.
 Market Overview.svg)
Highlights of The Polyvinyl Chloride Resins (PVC) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rigid Polyvinyl Chloride
- Flexible Polyvinyl Chloride
- By Application:
- Building & Construction
- Automotive
- Electrical
- Footwear
- Packaging
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polyvinyl Chloride Resins (PVC) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polyvinyl chloride resin is a type of plastic that is made from two or more types of vinyl polymer. PVC is often used to make products such as pipes, tubing, and roofing materials.
Some of the major companies in the polyvinyl chloride resins (pvc) market are Shin-Etsu Chemical Co. Ltd., Formosa Plastics Group, Occidental Petroleum Corporation, Ineos Chlorvinyls Ltd, Solvay S.A., Westlake Chemical, Mexichem S.A.B., KEM one, Vinnolit Gmbh & Co. Kg, Xinjiang Zhongtai Chemical Co. Ltd., Shin-Etsu Chemical Co. Ltd..
The polyvinyl chloride resins (pvc) market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyvinyl Chloride Resins (PVC) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Polyvinyl Chloride Resins (PVC) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyvinyl Chloride Resins (PVC) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Polyvinyl Chloride Resins (PVC) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Polyvinyl Chloride Resins (PVC) Market Size & Forecast, 2020-2028
4.5.1 Polyvinyl Chloride Resins (PVC) Market Size and Y-o-Y Growth
4.5.2 Polyvinyl Chloride Resins (PVC) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Rigid Polyvinyl Chloride
5.2.2 Flexible Polyvinyl Chloride
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Building & Construction
6.2.2 Automotive
6.2.3 Electrical
6.2.4 Footwear
6.2.5 Packaging
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyvinyl Chloride Resins (PVC) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polyvinyl Chloride Resins (PVC) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Rigid Polyvinyl Chloride
9.6.2 Flexible Polyvinyl Chloride
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Building & Construction
9.10.2 Automotive
9.10.3 Electrical
9.10.4 Footwear
9.10.5 Packaging
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Rigid Polyvinyl Chloride
10.6.2 Flexible Polyvinyl Chloride
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Building & Construction
10.10.2 Automotive
10.10.3 Electrical
10.10.4 Footwear
10.10.5 Packaging
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Rigid Polyvinyl Chloride
11.6.2 Flexible Polyvinyl Chloride
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Building & Construction
11.10.2 Automotive
11.10.3 Electrical
11.10.4 Footwear
11.10.5 Packaging
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Rigid Polyvinyl Chloride
12.6.2 Flexible Polyvinyl Chloride
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Building & Construction
12.10.2 Automotive
12.10.3 Electrical
12.10.4 Footwear
12.10.5 Packaging
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Rigid Polyvinyl Chloride
13.6.2 Flexible Polyvinyl Chloride
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Building & Construction
13.10.2 Automotive
13.10.3 Electrical
13.10.4 Footwear
13.10.5 Packaging
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polyvinyl Chloride Resins (PVC) Market: Competitive Dashboard
14.2 Global Polyvinyl Chloride Resins (PVC) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shin-Etsu Chemical Co. Ltd.
14.3.2 Formosa Plastics Group
14.3.3 Occidental Petroleum Corporation
14.3.4 Ineos Chlorvinyls Ltd
14.3.5 Solvay S.A.
14.3.6 Westlake Chemical
14.3.7 Mexichem S.A.B.
14.3.8 KEM one
14.3.9 Vinnolit Gmbh & Co. Kg
14.3.10 Xinjiang Zhongtai Chemical Co. Ltd.
14.3.11 Shin-Etsu Chemical Co. Ltd.
