PVC Market Procurement Research – Supplier and Spend Analysis by SpendEdge

Global procurement intelligence advisory firm, SpendEdge, has announced the release of their ‘PVC Procurement Research Report.' The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the chemicals industry. This report breaks down the data and analysis behind the procurement of PVC and acts as an all-inclusive guide for making smart purchasing decisions.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171020005029/en/

Global PVC Procurement Market Intelligence Report (Graphic: Business Wire)

Global PVC Procurement Market Intelligence Report (Graphic: Business Wire)

“The growth of the global PVC market during the forecast period can be attributed to the developments in the construction and automotive industries,” says SpendEdge procurement research analyst Anil Seth. “Electrical and electronics industry is estimated to be the fastest growing application segment in the global PVC market,” added Anil.

Key Report Features

Supply Market Insights     Negotiation Strategies
Procurement Best Practices     Category Risk Analysis
Cost Saving Opportunities     Key Supplier Analysis
Pricing Models     Supplier Capability Matrix

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Report Insights

  • The demand for PVC from the construction industry that requires products such as pipes, fittings, profiles, tubes, rigid films, and sheets. The growth of PVC in the construction industry is seen to be driven by regions such as Asia and the Middle East.
  • Purchasing managers must incorporate sustainability into procurement practices and focus on achieving their sustainability goals due to an increasing number of concerns about environmental pollution. They must prefer to procure from suppliers that adopt sustainable practices throughout the supply chain such as the use of renewable raw materials and product recycling.
  • PVC resins are classified as hazardous materials, and there are several regulations across regions that suppliers need to comply. Purchasing managers find it challenging to monitor and ensure that suppliers adhere to the necessary regulations and standards.

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PVC Pricing Trends

The fixed fee and spot pricing are the two most widely accepted pricing models in the PVC market. The fixed fee pricing eliminates purchasing managers’ need to monitor market rates constantly and helps in easing budget forecasting and planning as the prices of PVC resins are fixed. The spot pricing model provides better transparency since it is based on variable costs of production. It also enables purchasing managers to capitalize on market fluctuations by optimizing the time of purchase.

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About SpendEdge

SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred procurement intelligence partner for Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence that helps sourcing and procurement professionals make informed decisions. These innovative procurement solutions help enterprises transform structural capabilities, improve execution efficiency, and fast-track time to savings.