Polyvinyl Chloride Market 2022
According to PMR, the global polyvinyl chloride market is expected to exhibit a 4.0% CAGR in the course of the forecast period. The global polyvinyl chloride market is projected to cross a valuation of US$ 91,811 Mn by 2026 end.
The global Polyvinyl Chloride Market is expected to witness a digitally stimulated growth in the forecast period. In other words, it is expected to record a CAGR of 4 %, reaching US$ 91,811 Mn going further. Mechanical recycling of the product offerings will play a vital role in the chemical vertical. As such, green technologies would be the game-changer, that too, at a commercial scale. This would be the commercial behaviour of the chemical vertical.
Polyvinyl chloride (PVC) is the third-most widely produced polymer, after polyethylene and polypropylene. PVC is one the most widely used plastics and is produced by polymerization of the monomer vinyl chloride. PVC has an amorphous structure with polar chlorine atoms and has fire retardant properties and oil/chemical resistance. PVC is widely used in construction, packaging, automotive and electrical industries due to the various properties such as light weight, good mechanical strength, abrasion resistance and toughness associated with it. PVC can be bifurcated into two basic forms: rigid and flexible. The rigid form of PVC can be used in manufacturing of pipes, doors and windows and plastic bottles. The flexible form of PVC can be used in plumbing, electrical cable insulation, imitation leather and signage.
To remain ‘ahead’ of your competitors, request for a samples@ https://www.persistencemarketresearch.com/samples/22318
Polyvinyl Chloride Market Segmented By Rigid, Flexible Product in Construction, Automotive, Packaging, Electrical and Electronics, Consumer Goods for Pipes and Fittings, Profiles and Tubes, Films and Sheets, Cables, Bottles
On the basis of product type, PVC market is classified as wire and cable, pipes and fittings, bottles and others. Based on the application, PVC market is divided into two segments: rigid polyvinyl chloride and flexible polyvinyl chloride. The PVC market is also segmented on the basis of their end-users: automotive, electrical, construction, packaging and others.
Asia Pacific is the largest market for PVC market accounting for more than 50% of the global PVC market. Asia Pacific region is expected to show a good growth rate over a forecasted period due to high growth potential of building and construction industry. China represents the largest market for PVC in the Asia Pacific region. Europe is the second largest market for PVC, followed by North America. The market of Polyvinyl chloride (PVC) is expected to witness a double digit growth rate in the coming years. Some of the major drivers contributing the overall market growth of Polyvinyl chloride (PVC) market include high growth in the building and construction sector, high growth in the automobile industry and growing medical devices.
For critical insights on this market, request for customization here@ https://www.persistencemarketresearch.com/request-customization/22318
Some of the major restraints for PVC market include increasing competition from steel and concrete pipes and prohibited use of PVC in the construction of green building. Some of the major companies operating in the PVC market include Occidental Petroleum Corporation, Solvay S.A., Shin-Etsu Chemical Co. Ltd., Formosa Plastics Group, Ineos Chlorvinyls Ltd, Xinjiang Zhongtai Chemical Co. Ltd., Mexichem S.A.B., KEM one and Axiall Corporation.
Key points covered in the report
Report segments the market on the basis of types, application, products, technology, etc (as applicable)
- The report covers geographic segmentation
- North America
- Europe
- Asia
- RoW
- The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
- The report provides company profiles of some of the leading companies operating in the market
- The report also provides porters five forces analysis of the market.
For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/22318
About us: Persistence Market Research
Contact us:
Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
No comments:
Post a Comment