PUBLISHER: GlobalData | PRODUCT CODE: 1267589
PUBLISHER: GlobalData | PRODUCT CODE: 1267589
Global Polyvinyl Chloride capacity is poised to see considerable growth over the next five years, potentially increasing from 59.97 mtpa in 2022 to 71.79 mtpa in 2027, registering total growth of 20%.
Around 33 planned and announced Polyvinyl Chloride projects are expected to come online, predominantly in Asia, followed by North America over the upcoming years. Among countries, India is expected to lead Polyvinyl Chloride capacity additions by 2027, followed by China and US. Adani Enterprises Ltd, Reliance Industries Ltd, and Formosa Plastics Group are the top three companies by planned and announced capacity additions globally over the upcoming years.