Polyvinyl Chloride Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently released a comprehensive report on the global Polyvinyl Chloride (PVC) Market, providing an in-depth analysis of key market dynamics, including driving forces, emerging trends, opportunities, and challenges. This report offers a detailed understanding of the market landscape, helping stakeholders make well-informed decisions.

Key Insights:

Polyvinyl Chloride Market Size (2024E): USD 64.8 Bn
Projected Market Value (2031F): USD 85.6 Bn
Global Market Growth Rate (CAGR 2024 to 2031): 4.10%

Polyvinyl Chloride Market - Report Scope:

Polyvinyl chloride (PVC) is a widely used synthetic plastic polymer, essential in various industries such as construction, automotive, packaging, and consumer goods. The market is driven by the material's versatility, cost-effectiveness, and growing demand across a variety of applications, including pipes, profiles, films, sheets, and cables. The market growth is influenced by increasing industrialization, infrastructural development, and the rising demand for durable, low-maintenance materials.

Market Growth Drivers:

Several factors are propelling the global PVC market growth, including its increasing application in construction and automotive industries. PVC's cost-effectiveness, durability, and versatility make it a popular choice for a wide range of products, from pipes to flooring and wiring. Additionally, the growth of the packaging industry, particularly for bottles and films, is further driving demand for PVC. Moreover, innovations in PVC products and enhanced processing technologies, such as the development of more flexible and environmentally friendly variants, are fueling market expansion.

Market Restraints:

Despite the promising growth, the PVC market faces challenges such as environmental concerns regarding the production and disposal of PVC, particularly its contribution to pollution and the release of harmful chemicals. The rising awareness of sustainability issues and the push for eco-friendly alternatives are factors limiting PVC's widespread use. Additionally, fluctuating raw material prices and the high energy consumption required for its production can impact market profitability.

Market Opportunities:

The global PVC market presents numerous opportunities, particularly through the development of new, eco-friendly alternatives and the increasing adoption of PVC in emerging markets. Innovations in product design, such as more flexible and durable materials for construction and automotive applications, open new growth avenues. The growing trend of urbanization and industrialization in developing economies, as well as expanding applications of PVC in the renewable energy sector, are expected to drive further market growth.

Key Questions Answered in the Report:

What are the primary factors driving the global growth of the Polyvinyl Chloride (PVC) market?
Which regions are leading the adoption of PVC products?
How are technological advancements impacting the competitive landscape of the PVC market?
Who are the key players in the Polyvinyl Chloride market, and what strategies are they employing to remain competitive?
What are the emerging trends and future prospects in the global Polyvinyl Chloride market?

Competitive Intelligence and Business Strategy:

Leading players in the global PVC market, such as Formosa Plastics Group, Axiall Corporation, BASF SE, Mexichem S.A.B, Westlake Chemical Corp., LG Chem, and Ineos Chlorvinyls Ltd., are focusing on product differentiation, strategic partnerships, and market expansion to strengthen their position. These companies are investing in research and development to enhance product offerings and improve processing technologies. Sustainability initiatives, such as the development of recyclable and environmentally friendly PVC, are becoming increasingly important for maintaining competitive advantage and meeting regulatory requirements.

Key Companies Profiled:

Formosa Plastics Group
Axiall Corporation
BASF SE
Mexichem S.A.B
Westlake Chemical Corp.
LG Chem
Ineos Chlorvinyls Ltd.

Polyvinyl Chloride Industry Research by Category:

By Product Type:

Rigid
Flexible

By End User:

Construction
Automotive
Packaging
Electrical & Electronics
Consumer Goods
Other End Users

By Application:

Pipes & Fittings
Profiles & Tubes
Films & Sheets
Cables
Bottles
Other Applications

By Region:

North America
Latin America
Europe
Japan
APEJ (Asia Pacific Excluding Japan)
MEA (Middle East & Africa)

Product Code: PMRREP22318

1. Global Economic Outlook

2. Global Polyvinyl Chloride Market - Executive Summary

2.1. Opportunity Analysis & Megatrends

3. Global Polyvinyl Chloride Market Overview

3.1. Introduction
- 3.1.1. Global Polyvinyl Chloride Market Taxonomy
- 3.1.2. Global Polyvinyl Chloride Market Definition
3.2. Global Polyvinyl Chloride Market Size (US$ Bn) and Forecast, 2024 - 2033
- 3.2.1. Global Polyvinyl Chloride Market Y-o-Y Growth
3.3. Global Polyvinyl Chloride Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Pricing Analysis
3.7. Competition Matrix
3.8. Investment Feasibility Matrix
3.9. Trade Analysis
3.10. Regional PVC Consumption Per Capita
3.11. Global PVC: Planned Capacity Additions
3.12. Production Capacities of Key PVC Manufacturers
3.13. List of Suppliers
3.14. Key Participants Market Presence (Intensity Map) By Region

4. Global Polyvinyl Chloride Market Analysis and Forecast 2024 - 2033

4.1. Global Polyvinyl Chloride Market Size and Forecast By Product Type, 2024 - 2033
- 4.1.1. Rigid Market Size and Forecast, 2024 - 2033
  - 4.1.1.1. Revenue (US$ Bn) Comparison, By Region
  - 4.1.1.2. Market Share Comparison, By Region
  - 4.1.1.3. Y-o-Y growth Comparison, By Region
- 4.1.2. Flexible Market Size and Forecast, 2024 - 2033
  - 4.1.2.1. Revenue (US$ Bn) Comparison, By Region
  - 4.1.2.2. Market Share Comparison, By Region
  - 4.1.2.3. Y-o-Y growth Comparison, By Region
4.2. Global Polyvinyl Chloride Market Size and Forecast By End User, 2024 - 2033
- 4.2.1. Construction Market Size and Forecast, 2024 - 2033
  - 4.2.1.1. Revenue (US$ Bn) Comparison, By Region
  - 4.2.1.2. Market Share Comparison, By Region
  - 4.2.1.3. Y-o-Y growth Comparison, By Region
- 4.2.2. Automotive Market Size and Forecast, 2024 - 2033
  - 4.2.2.1. Revenue (US$ Bn) Comparison, By Region
  - 4.2.2.2. Market Share Comparison, By Region
  - 4.2.2.3. Y-o-Y growth Comparison, By Region
- 4.2.3. Packaging Market Size and Forecast, 2024 - 2033
  - 4.2.3.1. Revenue (US$ Bn) Comparison, By Region
  - 4.2.3.2. Market Share Comparison, By Region
  - 4.2.3.3. Y-o-Y growth Comparison, By Region
- 4.2.4. Electrical & Electronics Market Size and Forecast, 2024 - 2033
  - 4.2.4.1. Revenue (US$ Bn) Comparison, By Region
  - 4.2.4.2. Market Share Comparison, By Region
  - 4.2.4.3. Y-o-Y growth Comparison, By Region
- 4.2.5. Consumer Goods Market Size and Forecast, 2024 - 2033
  - 4.2.5.1. Revenue (US$ Bn) Comparison, By Region
  - 4.2.5.2. Market Share Comparison, By Region
  - 4.2.5.3. Y-o-Y growth Comparison, By Region
- 4.2.6. Other End Users Market Size and Forecast, 2024 - 2033
  - 4.2.6.1. Revenue (US$ Bn) Comparison, By Region
  - 4.2.6.2. Market Share Comparison, By Region
  - 4.2.6.3. Y-o-Y growth Comparison, By Region
4.3. Global Polyvinyl Chloride Market Size and Forecast By Application, 2024 - 2033
- 4.3.1. Pipes & Fittings Market Size and Forecast, 2024 - 2033
  - 4.3.1.1. Revenue (US$ Bn) Comparison, By Region
  - 4.3.1.2. Market Share Comparison, By Region
  - 4.3.1.3. Y-o-Y growth Comparison, By Region
- 4.3.2. Profiles & Tubes Market Size and Forecast, 2024 - 2033
  - 4.3.2.1. Revenue (US$ Bn) Comparison, By Region
  - 4.3.2.2. Market Share Comparison, By Region
  - 4.3.2.3. Y-o-Y growth Comparison, By Region
- 4.3.3. Films & Sheets Market Size and Forecast, 2024 - 2033
  - 4.3.3.1. Revenue (US$ Bn) Comparison, By Region
  - 4.3.3.2. Market Share Comparison, By Region
  - 4.3.3.3. Y-o-Y growth Comparison, By Region
- 4.3.4. Cables Market Size and Forecast, 2024 - 2033
  - 4.3.4.1. Revenue (US$ Bn) Comparison, By Region
  - 4.3.4.2. Market Share Comparison, By Region
  - 4.3.4.3. Y-o-Y growth Comparison, By Region
- 4.3.5. Bottles Market Size and Forecast, 2024 - 2033
  - 4.3.5.1. Revenue (US$ Bn) Comparison, By Region
  - 4.3.5.2. Market Share Comparison, By Region
  - 4.3.5.3. Y-o-Y growth Comparison, By Region
- 4.3.6. Other Applications Market Size and Forecast, 2024 - 2033
  - 4.3.6.1. Revenue (US$ Bn) Comparison, By Region
  - 4.3.6.2. Market Share Comparison, By Region
  - 4.3.6.3. Y-o-Y growth Comparison, By Region

5. North America Polyvinyl Chloride Market Size and Forecast, 2024 - 2033

5.1. North America Outlook
5.2. North America Parent Market Outlook
5.3. North America Target Market Outlook
5.4. Revenue (US$ Bn) Comparison, By Country
- 5.4.1. US Market Size and Forecast (US$ Bn), 2024 - 2033
- 5.4.2. Canada Market Size and Forecast (US$ Bn), 2024 - 2033
5.5. Revenue (US$ Bn) Comparison, By Product Type
5.6. Revenue (US$ Bn) Comparison, By End User
5.7. Revenue (US$ Bn) Comparison, By Application

6. Latin America Polyvinyl Chloride Market Size and Forecast, 2024 - 2033

6.1. Latin America Outlook
6.2. Latin America Parent Market Outlook
6.3. Latin America Target Market Outlook
6.4. Revenue (US$ Bn) Comparison, By Country
- 6.4.1. Brazil Market Size and Forecast (US$ Bn), 2024 - 2033
- 6.4.2. Mexico Market Size and Forecast (US$ Bn), 2024 - 2033
- 6.4.3. Argentina Market Size and Forecast (US$ Bn), 2024 - 2033
- 6.4.4. Rest of Latin America Market Size and Forecast (US$ Bn), 2024 - 2033
6.5. Revenue (US$ Bn) Comparison, By Product Type
6.6. Revenue (US$ Bn) Comparison, By End User
6.7. Revenue (US$ Bn) Comparison, By Application

7. Europe Polyvinyl Chloride Market Size and Forecast, 2024 - 2033

7.1. Europe Outlook
7.2. Europe Parent Market Outlook
7.3. Europe Target Market Outlook
7.4. Revenue (US$ Bn) Comparison, By Country
- 7.4.1. Germany Market Size and Forecast (US$ Bn), 2024 - 2033
- 7.4.2. UK Market Size and Forecast (US$ Bn), 2024 - 2033
- 7.4.3. France Market Size and Forecast (US$ Bn), 2024 - 2033
- 7.4.4. Spain Market Size and Forecast (US$ Bn), 2024 - 2033
- 7.4.5. Italy Market Size and Forecast (US$ Bn), 2024 - 2033
- 7.4.6. Rest of Europe Market Size and Forecast (US$ Bn), 2024 - 2033
7.5. Revenue (US$ Bn) Comparison, By Product Type
7.6. Revenue (US$ Bn) Comparison, By End User
7.7. Revenue (US$ Bn) Comparison, By Application

8. Japan Polyvinyl Chloride Market Size and Forecast, 2024 - 2033

8.1. Japan Outlook
8.2. Japan Parent Market Outlook
8.3. Japan Target Market Outlook
8.4. Japan Market Size and Forecast (US$ Bn), 2024 - 2033
8.5. Revenue (US$ Bn) Comparison, By Product Type
8.6. Revenue (US$ Bn) Comparison, By End User
8.7. Revenue (US$ Bn) Comparison, By Application

9. APEJ Polyvinyl Chloride Market Size and Forecast, 2024 - 2033

9.1. APEJ Outlook
9.2. APEJ Parent Market Outlook
9.3. APEJ Target Market Outlook
9.4. Revenue (US$ Bn) Comparison, By Country
- 9.4.1. China Market Size and Forecast (US$ Bn), 2024 - 2033
- 9.4.2. India Market Size and Forecast (US$ Bn), 2024 - 2033
- 9.4.3. ASEAN Market Size and Forecast (US$ Bn), 2024 - 2033
- 9.4.4. Australia & New Zealand Market Size and Forecast (US$ Bn), 2024 - 2033
- 9.4.5. Rest of APEJ Market Size and Forecast (US$ Bn), 2024 - 2033
9.5. Revenue (US$ Bn) Comparison, By Product Type
9.6. Revenue (US$ Bn) Comparison, By End User
9.7. Revenue (US$ Bn) Comparison, By Application

10. MEA Polyvinyl Chloride Market Size and Forecast, 2024 - 2033

10.1. MEA Outlook
10.2. MEA Parent Market Outlook
10.3. MEA Target Market Outlook
10.4. Revenue (US$ Bn) Comparison, By Country
- 10.4.1. GCC Countries Market Size and Forecast (US$ Bn), 2024 - 2033
- 10.4.2. South Africa Market Size and Forecast (US$ Bn), 2024 - 2033
- 10.4.3. Israel Market Size and Forecast (US$ Bn), 2024 - 2033
- 10.4.4. Rest of MEA Market Size and Forecast (US$ Bn), 2024 - 2033
10.5. Revenue (US$ Bn) Comparison, By Product Type
10.6. Revenue (US$ Bn) Comparison, By End User
10.7. Revenue (US$ Bn) Comparison, By Application

11. Global Polyvinyl Chloride Market Company Share, Competition Landscape and Company Profiles

11.1. Company Share Analysis
11.2. Competition Landscape
11.3. Company Profiles
- 11.3.1. Shin-Etsu Chemical Co. Ltd.
  - 11.3.1.1. Overview
  - 11.3.1.2. Offering Portfolio
  - 11.3.1.3. Production Footprint
  - 11.3.1.4. Sales Footprint
  - 11.3.1.5. Channel Footprint
  - 11.3.1.6. Strategy Outlook
    - 11.3.1.6.1. Sales Strategy
    - 11.3.1.6.2. Channel Strategy
    - 11.3.1.6.3. Marketing Strategy
- 11.3.2. Formosa Plastics Group
  - 11.3.2.1. Overview
  - 11.3.2.2. Offering Portfolio
  - 11.3.2.3. Production Footprint
  - 11.3.2.4. Sales Footprint
  - 11.3.2.5. Channel Footprint
  - 11.3.2.6. Strategy Outlook
    - 11.3.2.6.1. Sales Strategy
    - 11.3.2.6.2. Channel Strategy
    - 11.3.2.6.3. Marketing Strategy
- 11.3.3. Axiall Corporation
  - 11.3.3.1. Overview
  - 11.3.3.2. Offering Portfolio
  - 11.3.3.3. Production Footprint
  - 11.3.3.4. Sales Footprint
  - 11.3.3.5. Channel Footprint
  - 11.3.3.6. Strategy Outlook
    - 11.3.3.6.1. Sales Strategy
    - 11.3.3.6.2. Channel Strategy
    - 11.3.3.6.3. Marketing Strategy
- 11.3.4. Mexichem S.A.B
  - 11.3.4.1. Overview
  - 11.3.4.2. Offering Portfolio
  - 11.3.4.3. Production Footprint
  - 11.3.4.4. Sales Footprint
  - 11.3.4.5. Channel Footprint
  - 11.3.4.6. Strategy Outlook
    - 11.3.4.6.1. Sales Strategy
    - 11.3.4.6.2. Channel Strategy
    - 11.3.4.6.3. Marketing Strategy
- 11.3.5. BASF SE
  - 11.3.5.1. Overview
  - 11.3.5.2. Offering Portfolio
  - 11.3.5.3. Production Footprint
  - 11.3.5.4. Sales Footprint
  - 11.3.5.5. Channel Footprint
  - 11.3.5.6. Strategy Outlook
    - 11.3.5.6.1. Sales Strategy
    - 11.3.5.6.2. Channel Strategy
    - 11.3.5.6.3. Marketing Strategy
- 11.3.6. Arkema S.A.
  - 11.3.6.1. Overview
  - 11.3.6.2. Offering Portfolio
  - 11.3.6.3. Production Footprint
  - 11.3.6.4. Sales Footprint
  - 11.3.6.5. Channel Footprint
  - 11.3.6.6. Strategy Outlook
    - 11.3.6.6.1. Sales Strategy
    - 11.3.6.6.2. Channel Strategy
    - 11.3.6.6.3. Marketing Strategy
- 11.3.7. LG Chem
  - 11.3.7.1. Overview
  - 11.3.7.2. Offering Portfolio
  - 11.3.7.3. Production Footprint
  - 11.3.7.4. Sales Footprint
  - 11.3.7.5. Channel Footprint
  - 11.3.7.6. Strategy Outlook
    - 11.3.7.6.1. Sales Strategy
    - 11.3.7.6.2. Channel Strategy
    - 11.3.7.6.3. Marketing Strategy
- 11.3.8. ChemChina
  - 11.3.8.1. Overview
  - 11.3.8.2. Offering Portfolio
  - 11.3.8.3. Production Footprint
  - 11.3.8.4. Sales Footprint
  - 11.3.8.5. Channel Footprint
  - 11.3.8.6. Strategy Outlook
    - 11.3.8.6.1. Sales Strategy
    - 11.3.8.6.2. Channel Strategy
    - 11.3.8.6.3. Marketing Strategy
- 11.3.9. Westlake Chemical Corp
  - 11.3.9.1. Overview
  - 11.3.9.2. Offering Portfolio
  - 11.3.9.3. Production Footprint
  - 11.3.9.4. Sales Footprint
  - 11.3.9.5. Channel Footprint
  - 11.3.9.6. Strategy Outlook
    - 11.3.9.6.1. Sales Strategy
    - 11.3.9.6.2. Channel Strategy
    - 11.3.9.6.3. Marketing Strategy
- 11.3.10. Ineos Chlorvinyls Ltd
  - 11.3.10.1. Overview
  - 11.3.10.2. Offering Portfolio
  - 11.3.10.3. Production Footprint
  - 11.3.10.4. Sales Footprint
  - 11.3.10.5. Channel Footprint
  - 11.3.10.6. Strategy Outlook
    - 11.3.10.6.1. Sales Strategy
    - 11.3.10.6.2. Channel Strategy
    - 11.3.10.6.3. Marketing Strategy
- 11.3.11. Vinnolit GmBH & Co
  - 11.3.11.1. Overview
  - 11.3.11.2. Offering Portfolio
  - 11.3.11.3. Production Footprint
  - 11.3.11.4. Sales Footprint
  - 11.3.11.5. Channel Footprint
  - 11.3.11.6. Strategy Outlook
    - 11.3.11.6.1. Sales Strategy
    - 11.3.11.6.2. Channel Strategy
    - 11.3.11.6.3. Marketing Strategy
- 11.3.12. Other Key Players
  - 11.3.12.1. Overview
  - 11.3.12.2. Offering Portfolio
  - 11.3.12.3. Production Footprint
  - 11.3.12.4. Sales Footprint
  - 11.3.12.5. Channel Footprint
  - 11.3.12.6. Strategy Outlook
    - 11.3.12.6.1. Sales Strategy
    - 11.3.12.6.2. Channel Strategy
    - 11.3.12.6.3. Marketing Strategy