Published by mark itwired
Posted on September 7, 2021
Global polyvinyl chloride (PVC) market is pegged at a steady CAGR of 4.2% through the course of projection period (2019-2029). While construction remains prominent end-use segment, pharmaceuticals will witness increased uptake of PVC for production of medical devices. In view of PVC’s environmental implications, R&D activities are projected to accelerate through 2029.
Premier companies in the PVC space must undertake R&D and expansion projects to deliver five key performance criteria as opined by consumers – innovation, communication, quality, performance and regulatory compliance.
To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-152
Use of PVC in wide spectrum of end-use industries such as manufacturing, automotive and construction is hurtling the Asia Pacific market. Emerging countries such as China, Indonesia, Vietnam and India will augment the demand for PVC through 2029. Therefore, Asia Pacific accounts for majority share in PVC market on the back of rapid industrialization.
On the other hand, consumers in developed markets such as the United States have greater economic wealth. This is a key driver fuelling the rise of PVC alternatives such as high-density polyethylene (HDPE). Such recyclable substitutes of PVC are increasingly being favored by consumers and manufacturers alike.
Key players profiled in this FMI study, include but are not limited to, Arkema S.A., Ineos Chlorvinyls Ltd., BASF SE, Chinyang Chemical Co. Ltd., Saudi Plastic Products Company Ltd., Formosa Plastics Corporation, Premier Polyfilm Ltd., The Chemical Company, and Occidental Petroleum Corporation.
Competitive leadership in global market will be determined by product innovation and sustainability efforts during 2019-2029. For instance, INOVYN was voted by consumers for ‘Best Polymer Producers Awards for Europe 2017’. The company announced its plans for expanding its operations in Norway (2018).
FMI’s study offers an in-depth market forecast and analysis on the global polyvinyl chloride market. The major categories encompassed by the report include application (pastes, cables, pipes & fittings, films & sheets, and profiles), end-use (packaging, electrical cables, construction, and transportation), type (rigid and flexible) across five regions (Asia Pacific, Europe, Latin America, North America, Middle East & Africa).
Key players in global polyvinyl chloride market include, Formosa Plastics Corporation, Chinyang Chemical Co. Ltd., BASF SE, Arkema S.A., Ineos Chlorvinyls Ltd., Saudi Plastic Products Company Ltd., Occidental Petroleum Corporation, Premier Polyfilm Ltd., and The Chemical Company. Established players are projected to scale up expansion and R&D activities through 2029.
For instance, Shintech Inc. is constructing a new PVC plant in Plaquemine, Louisiana (US). This project which commenced in 2018 will significantly boost the production capacity of the company. Innovation will be centred on creating sustainable alternatives for PVC. In addition, key producers must undertake joint ventures to solidify their position in global market.
The global polyvinyl chloride market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.
Type
End Use
Application
Region
The post Polyvinyl Chloride Market 2021 Revenue, Opportunity, Forecast and Value Chain 2029 first appeared on Market Research Blog.
Global polyvinyl chloride (PVC) market is pegged at a steady CAGR of 4.2% through the course of projection period (2019-2029). While construction remains prominent end-use segment, pharmaceuticals will witness increased uptake of PVC for production of medical devices. In view of PVC’s environmental implications, R&D activities are projected to accelerate through 2029.
Premier companies in the PVC space must undertake R&D and expansion projects to deliver five key performance criteria as opined by consumers – innovation, communication, quality, performance and regulatory compliance.
To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-152
Use of PVC in wide spectrum of end-use industries such as manufacturing, automotive and construction is hurtling the Asia Pacific market. Emerging countries such as China, Indonesia, Vietnam and India will augment the demand for PVC through 2029. Therefore, Asia Pacific accounts for majority share in PVC market on the back of rapid industrialization.
On the other hand, consumers in developed markets such as the United States have greater economic wealth. This is a key driver fuelling the rise of PVC alternatives such as high-density polyethylene (HDPE). Such recyclable substitutes of PVC are increasingly being favored by consumers and manufacturers alike.
Key players profiled in this FMI study, include but are not limited to, Arkema S.A., Ineos Chlorvinyls Ltd., BASF SE, Chinyang Chemical Co. Ltd., Saudi Plastic Products Company Ltd., Formosa Plastics Corporation, Premier Polyfilm Ltd., The Chemical Company, and Occidental Petroleum Corporation.
Competitive leadership in global market will be determined by product innovation and sustainability efforts during 2019-2029. For instance, INOVYN was voted by consumers for ‘Best Polymer Producers Awards for Europe 2017’. The company announced its plans for expanding its operations in Norway (2018).
FMI’s study offers an in-depth market forecast and analysis on the global polyvinyl chloride market. The major categories encompassed by the report include application (pastes, cables, pipes & fittings, films & sheets, and profiles), end-use (packaging, electrical cables, construction, and transportation), type (rigid and flexible) across five regions (Asia Pacific, Europe, Latin America, North America, Middle East & Africa).
Key players in global polyvinyl chloride market include, Formosa Plastics Corporation, Chinyang Chemical Co. Ltd., BASF SE, Arkema S.A., Ineos Chlorvinyls Ltd., Saudi Plastic Products Company Ltd., Occidental Petroleum Corporation, Premier Polyfilm Ltd., and The Chemical Company. Established players are projected to scale up expansion and R&D activities through 2029.
For instance, Shintech Inc. is constructing a new PVC plant in Plaquemine, Louisiana (US). This project which commenced in 2018 will significantly boost the production capacity of the company. Innovation will be centred on creating sustainable alternatives for PVC. In addition, key producers must undertake joint ventures to solidify their position in global market.
The global polyvinyl chloride market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.
Type
End Use
Application
Region
The post Polyvinyl Chloride Market 2021 Revenue, Opportunity, Forecast and Value Chain 2029 first appeared on Market Research Blog.
