糖心vlog传媒

logo

Polyvinyl Chloride (PVC) Market Size (2024 - 2029)

The polyvinyl chloride market is anticipated to experience growth over the forecast period, driven by its significant role in the construction and healthcare sectors. Despite challenges posed by environmental and health concerns related to PVC production and disposal, the market's expansion is supported by increasing demand in post-pandemic industries and opportunities in electric vehicles. The Asia-Pacific region, particularly China, is expected to lead in market size due to its robust construction and automotive industries.

Home Market Analysis Chemicals & Materials Research Plastics, Polymers, and Elastomers Research Traditional Plastics Research Polyvinyl Chloride (PVC) Research PVC Market Market Size

Market Size of Polyvinyl Chloride (PVC) Industry

PVC Market - Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR > 4.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Polyvinyl Chloride (PVC) Market Major Players

*Disclaimer: Major Players sorted in no particular order

Polyvinyl Chloride (PVC) Market Analysis

The polyvinyl chloride (PVC) market is expected to register a CAGR of over 4% during the forecast period.

The COVID-19 outbreak resulted in an economic crisis worldwide. Globally, the major PVC-consuming industries, like automotive, electrical and electronics, and building and construction, were severely affected by the COVID-19 pandemic. However, the surging demand for PVC in post-pandemic industries propelled industry growth.

  • Over the medium term, PVC's dominant position in the construction industry and the increasing applications in the healthcare industry are likely to drive the PVC market.
  • The environmental and health hazards during PVC production, usage, and disposal are projected to hinder the market's growth.
  • The accelerating PVC usage in electric vehicles is projected to act as an opportunity for the market in the future.
  • Asia-Pacific is expected to dominate the PVC market during the forecast period. China is the largest consumer of PVC within the region, owing to the growing construction and automotive industry.

Polyvinyl Chloride (PVC) Industry Segmentation

Polyvinyl chloride (PVC) is a high-strength thermoplastic material widely used in various applications, such as pipes and fittings, films and sheets, wires and cables, bottles, profiles, hoses, and tubings. The market is segmented by product type, stabilizer type, application, end-user industry, and geography. The polyvinyl chloride (PVC) market is segmented by product type into rigid PVC, flexible PVC, low-smoke PVC, and chlorinated PVC. The polyvinyl chloride (PVC) market is segmented by stabilizer type, which contains calcium-based stabilizers, lead-based stabilizers, tin- and organotin-based stabilizers, and barium-based and other stabilizers. Applications, including pipes and fittings, films and sheets, wires and cables, bottles, profiles, hoses and tubings, and other applications, further segment the market. End-user industries, like building and construction, automotive, electrical and electronics, packaging, footwear, healthcare, and other end-user industries, segment the market. The report also covers the market size and forecast for the polyvinyl chloride market in 16 countries across major regions. The market sizing and forecast for each segment are given by volume (kiloton).

Product Type
Rigid PVC
Clear Rigid PVC
Non-clear Rigid PVC
Flexible PVC
Clear Flexible PVC
Non-clear Flexible PVC
Low-smoke PVC
Chlorinated PVC
Stabilizer Type
Calcium-based Stabilizers (Ca-Zn Stabilizers)
Lead-based Stabilizers (Pb Stabilizers)
Tin and Organotin-based (Sn Stabilizers)
Barium-based and Other Stabilizer Types (Liquid Mixed Metals)
Application
Pipes and Fittings
Film and Sheets
Wire and Cables
Bottles
Profiles, Hoses, and Tubings
Other Applications
End-user Industry
Building and Construction
Automotive
Electrical and Electronics
Packaging
Footwear
Healthcare
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Spain
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
Need A Different Region Or Segment?
Customize Now

Polyvinyl Chloride (PVC) Market Size Summary

The polyvinyl chloride (PVC) market is poised for moderate growth, driven by its extensive applications across various industries. Despite the challenges posed by the COVID-19 pandemic, which significantly impacted key sectors like automotive, electronics, and construction, the demand for PVC has rebounded, particularly in the post-pandemic recovery phase. The material's inherent properties, such as durability, versatility, and resistance to environmental factors, make it a preferred choice in construction, healthcare, and automotive industries. However, environmental and health concerns related to PVC production and disposal present challenges to market expansion. The increasing use of PVC in electric vehicles offers a promising opportunity for future growth.

Asia-Pacific is expected to lead the PVC market, with China being a major consumer due to its robust construction and electronics sectors. The region's dominance is further supported by rising infrastructure activities and the growing demand for electronic products. In addition, the healthcare sector in China and India is witnessing significant growth, driving the demand for PVC in medical devices. The market is characterized by fragmentation, with key players like Formosa Plastics Corporation, Shin-Etsu Chemical Co. Ltd, and Westlake Chemical Corporation focusing on innovation and sustainability. Recent developments, such as the use of bio-attributed PVC by Continental, highlight the industry's shift towards more sustainable practices.

Explore More

Polyvinyl Chloride (PVC) Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Application in the Healthcare and Medical Devices Industries

      2. 1.1.2 Increasing Demand from the Construction Industry

    2. 1.2 Restraints

      1. 1.2.1 Hazardous Impact on Humans and the Environment

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Volume)

    1. 2.1 Product Type

      1. 2.1.1 Rigid PVC

        1. 2.1.1.1 Clear Rigid PVC

        2. 2.1.1.2 Non-clear Rigid PVC

      2. 2.1.2 Flexible PVC

        1. 2.1.2.1 Clear Flexible PVC

        2. 2.1.2.2 Non-clear Flexible PVC

      3. 2.1.3 Low-smoke PVC

      4. 2.1.4 Chlorinated PVC

    2. 2.2 Stabilizer Type

      1. 2.2.1 Calcium-based Stabilizers (Ca-Zn Stabilizers)

      2. 2.2.2 Lead-based Stabilizers (Pb Stabilizers)

      3. 2.2.3 Tin and Organotin-based (Sn Stabilizers)

      4. 2.2.4 Barium-based and Other Stabilizer Types (Liquid Mixed Metals)

    3. 2.3 Application

      1. 2.3.1 Pipes and Fittings

      2. 2.3.2 Film and Sheets

      3. 2.3.3 Wire and Cables

      4. 2.3.4 Bottles

      5. 2.3.5 Profiles, Hoses, and Tubings

      6. 2.3.6 Other Applications

    4. 2.4 End-user Industry

      1. 2.4.1 Building and Construction

      2. 2.4.2 Automotive

      3. 2.4.3 Electrical and Electronics

      4. 2.4.4 Packaging

      5. 2.4.5 Footwear

      6. 2.4.6 Healthcare

      7. 2.4.7 Other End-user Industries

    5. 2.5 Geography

      1. 2.5.1 Asia-Pacific

        1. 2.5.1.1 China

        2. 2.5.1.2 India

        3. 2.5.1.3 Japan

        4. 2.5.1.4 South Korea

        5. 2.5.1.5 Rest of Asia-Pacific

      2. 2.5.2 North America

        1. 2.5.2.1 United States

        2. 2.5.2.2 Canada

        3. 2.5.2.3 Mexico

      3. 2.5.3 Europe

        1. 2.5.3.1 Germany

        2. 2.5.3.2 United Kingdom

        3. 2.5.3.3 Italy

        4. 2.5.3.4 France

        5. 2.5.3.5 Spain

        6. 2.5.3.6 Rest of Europe

      4. 2.5.4 South America

        1. 2.5.4.1 Brazil

        2. 2.5.4.2 Argentina

        3. 2.5.4.3 Rest of South America

      5. 2.5.5 Middle-East and Africa

        1. 2.5.5.1 Saudi Arabia

        2. 2.5.5.2 South Africa

        3. 2.5.5.3 Rest of Middle-East and Africa

Polyvinyl Chloride (PVC) Market Size FAQs

The Polyvinyl Chloride (PVC) Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)

Westlake Chemical Corporation, Ineos, Shin-etsu Chemicals Limited, Formosa Plastics Corporation and Xinjiang Zhongtai Chemical Co. Ltd are the major companies operating in the Polyvinyl Chloride (PVC) Market.

PVC Market Report Snapshots

Polyvinyl Chloride Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)