Demand for Polyvinyl Chloride in Asia-Pacific to Benefit Shin-Etsu Chemical, Formosa Plastics, Westlake Chemical Corporation and Lubrizol
HYDERABAD, India, September 6, 2016 /PRNewswire/ --
Mordor Intelligence announces the publication of their research report on the polyvinyl chloride (PVC) market. The report titled, "Global Polyvinyl Chloride (PVC) Market - Trends and Forecasts" discusses the current landscape and outlook of the said market.
In 2015, the global market for polyvinyl chloride was valued at USD 53.060 billion and is projected to reach USD 72.330 billion by 2021, growing at a CAGR of 5.30% during the forecast period.
The report is segmented based on:
PVC
- By Product Type
- Pipes & Fittings
- Film & Sheets
- Wire & Cables
- Bottles
- Profiles, Hose, & Tubing
- Others
- By Application
- Rigid PVC
- Flexible PVC
- Low-Smoke PVC
- Chlorinated PVC
- By Stabilizer Type
- Calcium Based
- Lead Based
- Organotin Based
- Tin Based
- Barium Based
- Others
- By End-User Industry
- Building & Construction
- Automotive
- Electrical & Electronics
- Packaging
- Footwear
- Healthcare
- Others
Compounded PVC
- By End-User Industry
- Building & Construction
- Automotive
- Electrical & Electronics
- Packaging
- Footwear
- Others
- By Product type
- Pipes & Fittings
- Film & Sheets
- Wire & Cables
- Bottles
- Profiles, Hose, & Tubing
- Others
Based on geography, the market is segmented into North America (United States, Canada, Mexico, and Rest of North America), Europe (Germany, United Kingdom, Italy, France, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Rest of APAC), South America (Brazil, Argentina, Rest of South America), and Middle-East & Africa (Saudi Arabia, South Africa, and Rest of Middle-East & Africa).
In 2015, the building & construction - end-user industry dominated the global polyvinyl chloride (PVC) market with a share of about 72% followed by packaging and footwear. The building & construction industry is also projected to be the fastest growing end-user industry, growing at a CAGR of 5.55% during 2016 and 2021. Asia-Pacific dominated the polyvinyl chloride (PVC) market in 2015, accounting for over 54% of the global market. This region is also likely to be the fastest growing region with a CAGR of 7.14% during the forecast period.
Some of the major companies and vendors in the market include:
- Shin-Etsu Chemical Co., Ltd.
- Formosa Plastics Corporation
- INOVYN
- Westlake Chemical Corporation
- Occidental Petroleum Corporation
- Axiall Corporation
About Mordor Intelligence:
Mordor Intelligence is a global market research and consulting firm. Our focus is to provide research insights to facilitate business success. Our research expertise covers niche segments under Agriculture, Healthcare, ICT, Chemicals, Manufacturing, Logistics, Electronics and Automotive, among others. We believe in data, and we provide solutions through it. Optimum solutions and goal-oriented strategies define our endeavors and make us the preferred choice for clients.
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