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Research and Markets: Global Polyvinyl Chloride (PVC) Market 2014-2020 – Market was USD 54.40 Billion in 2014 and Expected to Reach USD 73.75 Billion by 2020

December 10, 2015 | By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/btkrl9/global_polyvinyl) has announced the addition of the “Global Polyvinyl Chloride (PVC) Market – By End-Use Industries, Products, and Regions – Market Size, Demand Forecasts, Industry Trends and Updates (2014- 2020)” report to their offering.

The global production of HDPE resin was 40.36 MMT in 2014 and is estimated to reach 53.58 MMT by 2020, at a CAGR of 4.83% for the forecasted period. While, on the other hand, in terms of demand the market was USD 54.40 billion in 2014 and would reach USD 73.75 billion by 2020 growing at a rate of 5.20% compounded annually.

Growth by Region:

APAC leads the production market with a share of 57.4% in 2014 followed by North America and Western Europe and is expected to dominate for the forecasted period as well. However, MEA is expected to be the fastest growing market for PVC at a CAGR of 6.1% for the period as a result of growth in end-use industries like Automotive, Construction, Electricals in Saudi Arabia, South Africa and others.

Growth by End-Use industry:

Construction, packaging, electrical are the major end-use industries of PVC accounting to 74% of the market share in 2014. The remaining market is from other industries like agriculture, automotive, and footwear. Construction industry leads the market with a share of more than 50% in 2014 while Electrical and Electronic industry is expected to be the fastest growing industry for the forecasted period.

Drivers vs. Constraints:

Factors such as increasing spend in construction / infrastructure industry in emerging regions like APAC, and LATAM, growth in automotive industry are expected to drive the market. On the other hand, volatile raw material prices, stringent regulations particularly in North America and Europe limit the use of PVC. To overcome such challenges, companies are focusing on bio-based alternatives to PVC.

Industry structure:

North America and Europe have high capacity utilization while, APAC has excess capacity. The weak demand in Europe has led to changes in the industry structure in terms of acquisitions, quitting the market, some companies selling their PVC units, etc. In Italy, the production of PVC ceased completely.

Key Topics Covered:

1. Our Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Polyvinyl Chloride (PVC) Market Segmentation, Forecasts and Trends – by Revenue, Volume

6. Competitive Landscape Analysis

7. Company Profiles

8. Industry Structure

9. Polyvinyl Chloride (PVC) market – Road Ahead

10. Tables

Companies Mentioned

– Axiall Corporation

– BASF

– Dow Chemical

– DuPont

– Formosa Plastics

– Georgia gulf

– Mexichem

– Mitsui Chemicals

– Nova Chemical

– Occidental

– Reliance Industries

– Shin-Etsu Chemical

– Sinopec Corporation

– Solvin

– The Britton group

For more information visit http://www.researchandmarkets.com/research/btkrl9/global_polyvinyl

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Plastics

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