Oct 23, 2017   SOURCE: BusinessWire

Global Polyvinyl Chloride (PVC) Market - Trends and Forecasts to 2021 - Research and Markets

The "Global Polyvinyl Chloride (PVC) Market (2016-2021)" report has been added to Research and Markets' offering.

The global polyvinyl chloride (PVC) market is projected to reach USD 72.330 billion by 2021, growing at a CAGR of 5.30% during the forecast period. In 2015, the global market was valued at USD 53.060 billion.

Polyvinyl chloride (PVC), is the third most widely produced synthetic plastic polymer. It is classified into two prime categories, namely thermoplastic resins and thermosetting resins. PVC, owing to its high tensile strength, ease of processing and blending, and flame resistant properties, is being used in numerous end-user industries such as automotive, electrical & electronics, building & construction, packaging, footwear, and others.

PVC is available in two forms, namely, flexible and rigid. The flexible PVC is used in numerous applications such as electrical cable insulation plumbing, inflatable products, medical devices, and signage. However, the rigid PVC, owing to its nature, is majorly used in profile applications in windows and doors, and construction (in the form of pipes). Additionally, the rigid PVC is also used in the manufacturing of bottles; cards such as membership cards, ID cards, and bank cards, and non-food packaging.

The market is driven by numerous factors such as usage of high-performance plastics to reduce the vehicle weight and for enhancing the fuel economy, growing demand from the construction industry in the Asia-Pacific region, and rising application in the healthcare industry and medical devices market. However, this market faces certain drawbacks, such as volatility in raw material prices, and being hazardous in nature, which may act as a hindrance for the growth of the market.

Companies Mentioned

  • Axiall Corporation
  • BASF SE
  • Covestro
  • DuPont
  • Formosa Plastics Group
  • Huntsman Corporation
  • Inovyn
  • Kem One
  • Mexichem S.A.B.
  • Occidental Petroleum Corporation
  • The Dow Chemical Company
  • Vinnolit GmbH
  • Xinjiang Zhongtai Chemical
  • Halliburton
  • Others

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Polyvinyl Chloride (PVC) Market

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Competitive Landscape

8. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/3p5k37/global_polyvinyl