Global PVC Market is expected to reach USD 78.90 billion in 2021, growing at a CAGR of 5.6% between 2016 and 2021.
The report analyzes and forecast PVC market on a global and regional level. The study provides historic data of 2015 along with a forecast from 2016 to 2021 based on revenue (USD Billion). Assessment of market dynamics gives a brief thought about the drivers and restraints for the PVC market along with their impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the PVC market on a global level.
The report gives a transparent view on the PVC market, we have included a detailed competitive scenario and portfolio of leading vendors operative in PVC market. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the PVC market has also been included. The study encompasses a market attractiveness analysis, wherein type, application and end users segments are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a crucial view on the PVC by segmenting the market based on type, application and end users. All the type, application, end users segments of PVC market have been analyzed based on present and future trends and the market is estimated from 2015 to 2021. Key application segments covered under this study includes pipes & fittings, wires & cables, films & sheets, bottles and others product. Rigid PVC & flexible PVC are the Key type segments of PVC market. End users segments categorized into automotive, electrical & electronics, construction, packaging and others end users. The regional segmentation comprises the current and forecast demand for North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa for PVC.
The competitive profiling of key players of this market includes company and financial overview, business strategies adopted by them, their recent developments and product offered by them which can help in assessing competition in the market. Key players included in the report are Occidental Petroleum Corporation , Shin-Etsu Chemical Co. Ltd , Xinjiang Zhongtai Chemical Co. Ltd., Formosa Plastics Group, INEOS , Solvay S.A., Mexichem S.A.B., Kem One , Vinnolit GmbH & Co. KG and AXIALL Corporation amongst others.
This report segments of the global of PVC market as follows:
Global Polyvinyl Chloride (PVC) Market: Application Segment Analysis
Global Polyvinyl Chloride (PVC) Market: Type Segment Analysis
Global Polyvinyl Chloride (PVC) Market: End User Segment Analysis
Global Polyvinyl Chloride (PVC) Market: Regional Segment Analysis
This report is based on in-depth qualitative and quantitative analyses of the global Polyvinyl Chloride market. Zion Research has collected and analyzed key data belong to the global Polyvinyl Chloride market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.
The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined afterconducting a detailed study of the micro and macroeconomic indicators of the market.
Various parameters have been taken into account, while estimating market size. The revenue generated by the leading industry participants in from the sales of Polyvinyl Chloride across the world has been calculated through primary and secondary research.
Zion Research employs combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include, STATISTA, trade journals, trade associations, statistical data from government websites, etc.
For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assistedin validation of findings from secondary research and to understand key trends in the Polyvinyl Chloride industry. Primary research makes up major source of data collection and validation.
We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:
Participants who typically participate in such a process include, but are not limited to:
Key opinion leaders specializing in different areas corresponding to different industry verticals
Secondary research sources that are typically referred to include, but are not limited to:
News articles, press releases and webcasts specific to companies operating in the market
Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Polyvinyl Chloride market.
Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:
PVC (Polyvinyl Chloride) is one the most widely used plastics produced by polymerization of the monomer vinyl chloride. Light weight, good mechanical strength, abrasion resistance, and toughness are the various properties of PVC (Polyvinyl Chloride) have allowed to use it in different industries such as construction, packaging, automotive and electrical industries.
Global PVC market (Polyvinyl chloride) growth has been accelerated by significant growth in the building & construction segments in Asia Pacific and Latin America. In addition, huge growth in the automotive industry, emerging demand of plastic film & sheets, rising demand of polyvinyl chloride in the packaging industry are the factors which may favor PVC market (Polyvinyl Chloride) growth in coming years. However, prohibited use of PVC in the construction of green buildings is expected to have the adverse impact on PVC (Polyvinyl Chloride) market. Nonetheless, ongoing renewable PVC developments are likely to offer new growth prospects for the market in the near future.
Pipes & fittings, wires and cables, film & sheets, bottles and others are the major application of PVC market. Pipes & fitting was leading application segment of global PVC market and expected to maintain its dominance throughout the forecast period. Based on the type, PVC market is categorized under rigid polyvinyl chloride and flexible polyvinyl chloride. In addition, the PVC market further segmented into various end users including automotive, electrical & electronics, construction, packaging, and others. Construction segment acquired the largest market share in 2015. Huge growth in the automotive sector is expected to drive the demand of PVC in the automotive segment.
Asia-Pacific was the largest market for PVC market in the world due to the rapidly growing building & construction industry. It accounted more than 52% of market share in 2015. Europe is the second largest market for PVC, followed by North America. The Middle East & Africa is expected to witness significant growth rate in the forecast period. The growth of this region is mainly driven by investments in infrastructure in GCC countries. Latin America is expected to show noticeable growth rate during the forecast period.
The key players operative in the global PVC market includes Occidental Petroleum Corporation , Shin-Etsu Chemical Co. Ltd , Xinjiang Zhongtai Chemical Co. Ltd., Formosa Plastics Group, INEOS , Solvay S.A., Mexichem S.A.B., Kem One , Vinnolit GmbH & Co. KG and AXIALL Corporation amongst others.