Polyvinyl Chloride (PVC) Market Growth To Reach Escalating Heights Through USD 101.45 Bn Earnings By 2028

23-Mar-2022 | Zion Market Research

Global Polyvinyl Chloride (PVC) Market Size & Share CAGR of 5.6% during 2022-2028

According to report of Zion Market Research, Polyvinyl Chloride Market (PVC) industry gathered revenue worth about US$ 78.90 billion in 2021 and is slated to accumulate returns of approx. US$ 101.45 billion by 2028. In addition to this, Polyvinyl Chloride (PVC) market is set to register CAGR of nearly 5.6% in 2022-2028. Apparently, surge in Polyvinyl Chloride (PVC) market size over forecasting timeline is due to massive use of Polyvinyl Chloride Market (PVC) in packaging activities. In addition to this, use of Polyvinyl Chloride Market (PVC) in carpet backing and biomedical applications will proliferate market size.

Global Polyvinyl Chloride Market (PVC) Market Size

Reportedly, Polyvinyl Chloride Market (PVC) is third most extensively produced synthetic plastic polymer across globe with nearly 21 million tons of Polyvinyl Chloride Market (PVC) produced annually. Since last five decades, Polyvinyl Chloride Market (PVC) exhibited ability of fulfilling demand for single use pre-sterilized medical component in healthcare sector. Furthermore, use of Polyvinyl Chloride Market (PVC) as substitute product for glass and rubber will drive business space. Massive use of Polyvinyl Chloride Market (PVC) in construction activities will prop up progression of Polyvinyl Chloride (PVC) market in upcoming years.

Pipes & Fittings Segment To Lead Application Landscape By 2028

Growth of pipes & fittings segment over forecasting period is owing to large-scale usage of Polyvinyl Chloride Market (PVC) in pipes & fittings in building constructions. In addition to this, thriving commercial & household sectors will boost segmental surge in upcoming years.

Global Polyvinyl Chloride Market (PVC) Market

Asia Pacific Polyvinyl Chloride (PVC) Market To Register Highest CAGR Over 2022-2028

Growth of regional market over forecast timeline is owing to massive use of Polyvinyl Chloride Market (PVC) pipes in construction sector in countries such as China, Japan, and India. In addition to this, thriving consumer electronics goods sector and setting up of large number of manufacturing units in the region will proliferate revenue of Asia Pacific Polyvinyl Chloride (PVC) Market.

Strategic moves made by giant manufacturers have provided impetus to growth of Polyvinyl Chloride (PVC) market and will further help industry flourish in near future. We have included their company profiles in our market research study and they are profiled as 

  • Occidental Petroleum Corporation
  • Kem One
  • Vinnolit GmbH & Co. KG
  • Shin-Etsu Chemical Co. Ltd 
  • Xinjiang Zhongtai Chemical Co. Ltd.
  • Mexichem S.A.B. de C.V.
  • Formosa Plastics Group
  • INEOS Group Ltd
  • Solvay S.A.
  • AXIALL Corporation.

Browse the full Polyvinyl Chloride (PVC) Market- By Product Type (Rigid Polyvinyl Chloride Market (PVC) and Flexible Polyvinyl Chloride Market (PVC) and By Application (Pipes & Fittings, Wires & Cables, Films & Sheets, and Bottles): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2022–2028.” Report at https://www.zionmarketresearch.com/report/Polyvinyl Chloride Market (PVC)-market

The global Polyvinyl Chloride (PVC) Market is segmented as follows:

By Product Type

  • Rigid Polyvinyl Chloride Market (PVC)
  • Flexible Polyvinyl Chloride Market (PVC)

By Application

  • Pipes & Fittings
  • Wires & Cables
  • Films & Sheets
  • Bottles

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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