Market Overview:
The global PVC compound 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 compounds in various applications, such as pipe & fitting, profiles & tubes, wire & cable, film & sheet, and others. In terms of type, the non-plasticised PVC segment is projected to lead the market during the forecast period. This can be attributed to its properties such as high impact strength and stiffness coupled with low thermal expansion coefficient.
Product Definition:
PVC Compound is the trade name for a type of plastic used in the manufacture of pipes, fittings and other components for plumbing and drainage systems. PVC compound is a mix of polyvinyl chloride (PVC) resin and various additives that give it specific properties, such as color, flexibility or strength.
Non-Plasticised PVC:
Non-plasticised PVC, also known as octene cross-linked polyvinyl chloride or olefin cross-linked polyvinyl chloride is a kind of thermoplastic polymer. It has eight carbon atoms and is therefore called octene. The chemical formula for non-plasticized PVC is (C8H10)2V2 or Cis (CH3)3COPh which stands for chlorinated ethylene propylene compound.
Plasticised PVC:
Plasticised PVC is a thermoplastic elastomer that contains plastic polymers and is used as an alternative to thermoset rubbers in PVC compound products. It offers various advantages over traditional materials such as high flexibility, low friction, chemical resistance and improved impact properties.
The global market for plasticised PVC was estimated at USD 1.91 billion in 2016.
Application Insights:
Pipe and fitting was the largest application segment in 2017, accounting for over 60% of the global volume. The segment is projected to witness significant growth on account of increasing demand from construction, oil and gas, water management, mining and others industries. Growing urbanization along with industrial development in developing countries including India & China is expected to augment demand for pipes compound over the forecast period.
The profiles & tubes application segment accounted for a share of around 19% in 2017 owing to its extensive use in building & construction industry as well as automotive sector where lightweight material with superior properties are required by manufacturers. Growing infrastructure spending by governments across various regions coupled with rising awareness regarding environment protection is likely to boost product consumption further.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is also anticipated to be the fastest-growing regional market from 2018 to 2030 owing to increasing infrastructure spending by various governments in developing economies, such as China and India. In addition, rising disposable income levels are likely to boost demand for consumer goods, which will further propel industry growth.
The growing construction sector across Asia Pacific economies including China and India will drive product demand over the forecast period. For instance, as per a white paper on Construction Industry White Paper published by Asian Development Bank Institute (ADBI), it was estimated that Asia accounted for 36% of global construction output in 2016 with China accounting for 26% of total construction output globally along with being the largest building completions country globally with 636 million square meters completed projects as of 2016 according to World Bank Group data).
Growth Factors:
- Growing demand from construction and infrastructure sectors
- Rising demand for PVC compounds in automotive applications
- Increasing use of PVC compounds in electrical and electronic equipment
- Growing popularity of PVC compounds as a replacement for traditional materials such as metal, wood, and plastic
- Technological advancements that are making PVC compound products more versatile and efficient
Scope Of The Report
Report Attributes
Report Details
Report Title
PVC Compound Market Research Report
By Type
Non-Plasticised PVC, Plasticised PVC
By Application
Pipe & Fitting, Profiles & Tubes, Wire & Cable, Film & Sheet, Others
By Companies
Westlake Chemical, Mexichem, Aurora Plastics, Benvic Europe, INEOS Compounds, Vinyl Compounds, Teknor Apex, Flex Technologies, Roscom, EMPOL/IFFCO, Cary Compound, Sylvin Technologies, Konnark Polymer, Mazda Plastic, Thevinyl, ACTEGA, PolyOne, Hanwha (Korea), Kingfa (China), Thai Plastics
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global PVC Compound Market Report Segments:
The global PVC Compound market is segmented on the basis of:
Types
Non-Plasticised PVC, Plasticised PVC
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
Pipe & Fitting, Profiles & Tubes, Wire & Cable, Film & Sheet, 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:
- Westlake Chemical
- Mexichem
- Aurora Plastics
- Benvic Europe
- INEOS Compounds
- Vinyl Compounds
- Teknor Apex
- Flex Technologies
- Roscom
- EMPOL/IFFCO
- Cary Compound
- Sylvin Technologies
- Konnark Polymer
- Mazda Plastic
- Thevinyl
- ACTEGA
- PolyOne
- Hanwha (Korea)
- Kingfa (China)
- Thai Plastics
Highlights of The PVC Compound 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:
- Non-Plasticised PVC
- Plasticised PVC
- By Application:
- Pipe & Fitting
- Profiles & Tubes
- Wire & Cable
- Film & Sheet
- 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 PVC Compound 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
PVC compound is a type of plastic that is made from polyvinyl chloride. PVC compounds are used in a variety of products, including pipes, tubing, and roofing materials.
Some of the key players operating in the pvc compound market are Westlake Chemical, Mexichem, Aurora Plastics, Benvic Europe, INEOS Compounds, Vinyl Compounds, Teknor Apex, Flex Technologies, Roscom, EMPOL/IFFCO, Cary Compound, Sylvin Technologies, Konnark Polymer, Mazda Plastic, Thevinyl, ACTEGA, PolyOne, Hanwha (Korea), Kingfa (China), Thai Plastics.
The pvc compound market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PVC Compound Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. PVC Compound Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PVC Compound Market - Supply Chain
4.5. Global PVC Compound Market Forecast
4.5.1. PVC Compound Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PVC Compound Market Size (000 Units) and Y-o-Y Growth
4.5.3. PVC Compound Market Absolute $ Opportunity
5. Global PVC Compound Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. PVC Compound Market Size and Volume Forecast by Type
5.3.1. Non-Plasticised PVC
5.3.2. Plasticised PVC
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PVC Compound Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. PVC Compound Market Size and Volume Forecast by Application
6.3.1. Pipe & Fitting
6.3.2. Profiles & Tubes
6.3.3. Wire & Cable
6.3.4. Film & Sheet
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PVC Compound Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. PVC Compound Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global PVC Compound Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. PVC Compound Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global PVC Compound Demand Share Forecast, 2019-2026
9. North America PVC Compound Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America PVC Compound Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America PVC Compound Market Size and Volume Forecast by Application
9.4.1. Pipe & Fitting
9.4.2. Profiles & Tubes
9.4.3. Wire & Cable
9.4.4. Film & Sheet
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PVC Compound Market Size and Volume Forecast by Type
9.7.1. Non-Plasticised PVC
9.7.2. Plasticised PVC
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America PVC Compound Demand Share Forecast, 2019-2026
10. Latin America PVC Compound Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America PVC Compound Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America PVC Compound Market Size and Volume Forecast by Application
10.4.1. Pipe & Fitting
10.4.2. Profiles & Tubes
10.4.3. Wire & Cable
10.4.4. Film & Sheet
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PVC Compound Market Size and Volume Forecast by Type
10.7.1. Non-Plasticised PVC
10.7.2. Plasticised PVC
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America PVC Compound Demand Share Forecast, 2019-2026
11. Europe PVC Compound Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe PVC Compound Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe PVC Compound Market Size and Volume Forecast by Application
11.4.1. Pipe & Fitting
11.4.2. Profiles & Tubes
11.4.3. Wire & Cable
11.4.4. Film & Sheet
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PVC Compound Market Size and Volume Forecast by Type
11.7.1. Non-Plasticised PVC
11.7.2. Plasticised PVC
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe PVC Compound Demand Share, 2019-2026
12. Asia Pacific PVC Compound Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific PVC Compound Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific PVC Compound Market Size and Volume Forecast by Application
12.4.1. Pipe & Fitting
12.4.2. Profiles & Tubes
12.4.3. Wire & Cable
12.4.4. Film & Sheet
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PVC Compound Market Size and Volume Forecast by Type
12.7.1. Non-Plasticised PVC
12.7.2. Plasticised PVC
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific PVC Compound Demand Share, 2019-2026
13. Middle East & Africa PVC Compound Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa PVC Compound Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa PVC Compound Market Size and Volume Forecast by Application
13.4.1. Pipe & Fitting
13.4.2. Profiles & Tubes
13.4.3. Wire & Cable
13.4.4. Film & Sheet
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PVC Compound Market Size and Volume Forecast by Type
13.7.1. Non-Plasticised PVC
13.7.2. Plasticised PVC
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa PVC Compound Demand Share, 2019-2026
14. Competition Landscape
14.1. Global PVC Compound Market: Market Share Analysis
14.2. PVC Compound Distributors and Customers
14.3. PVC Compound Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Westlake Chemical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mexichem
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Aurora Plastics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Benvic Europe
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. INEOS Compounds
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Vinyl Compounds
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Teknor Apex
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Flex Technologies
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Roscom
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. EMPOL/IFFCO
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Cary Compound
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sylvin Technologies
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Konnark Polymer
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Mazda Plastic
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Thevinyl
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. ACTEGA
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. PolyOne
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Hanwha (Korea)
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Kingfa (China)
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Thai Plastics
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
