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Polyvinyl Chloride Market worth 48,320.85 KT by 2018
The report, "Polyvinyl Chloride Market by Raw Material (EDC & Acetylene), Polymerization Process, Product, End User Industry (Construction, Automotive, Electrical, Packaging, Footwear), Type of Application, & Geography - Trends and Forecasts to 2018", defines and segments the PVC market with the analysis and forecasting of the consumption volume and value.
Browse 88 market data tables and 27 figures spread through 176 pages and in-depth TOC on "Polyvinyl Chloride Market by Raw Material (EDC & Acetylene), Polymerization Process, Product, End User Industry (Construction, Automotive, Electrical, Packaging, Footwear), Type of Application, & Geography - Trends and Forecasts to 2018".
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Asia-Pacific - biggest market of PVC
Asia-Pacific is the major Polyvinyl Chloride Market, accounting for more than 50.00% of the total global demand in 2012. The region is further expected to show a very high growth in the future, mainly due to high growth potential of building and construction industry. In 2012, China was the major consumer in Asia-Pacific, accounting for more than 65.00% of the total regional consumption. Rigid applications hold a major share in the Asia-Pacific market, but significant investments in phthalate as well as non-phthalate plasticizers indicate a considerable growth for flexible polyvinyl chloride applications in the region. Indian Polyvinyl Chloride market is the second biggest in the region and is driven by price competent nature of the countrys market. The demand is expected to show a very high growth rate during the forecasted period.
"Rigid applications dominate the Polyvinyl Chloride Market"
The demand for Polyvinyl Chloride is strong, which is through the manufacturers of pipes, fittings, profiles, and tubes that account for more than 60.0% of the total global consumption. These pipes are widely used in building, construction, chemical, energy, and other industrial applications. The construction industry was the major end user industry using polyvinyl chloride products, accounting for more than 65.00% of the total global Polyvinyl Chloride consumption. The consumption of Polyvinyl Chloride for the manufacturing of profile & tubes and pipe &fittings is expected to grow at the highest CAGR of about 5.34% and 5.15% from 2013 to 2018.. The increasing demand of electric vehicles, wood plastic composites, and innovation of bio-based additives for the improvement of recycled PVC enclose major opportunities in the Polyvinyl Chloride market.
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