Polyvinyl Chloride (PVC) Resins
Market
Polyvinyl Chloride (PVC) Resins Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Polyvinyl Chloride (PVC) Resins Market Size and Growth
The Polyvinyl Chloride (PVC) Resins market is experiencing significant growth, driven by rising demand in construction, automotive, and packaging sectors. As of 2023, the market size is estimated at approximately $40 billion, with projections indicating continued expansion due to innovation in sustainable applications and regulatory support for eco-friendly materials.
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Companies Covered
(Covid 19 Impact Covered)
◍ Formosa Plastics
◍ Occidental Petroleum
◍ Solvay
◍ Ineos Group
◍ Shin-Etsu Chemical
◍ Scg Chemicals
◍ LG Chemical
◍ Sinopec Group
◍ SABIC
◍ Mexichem
◍ DCM Shriram
◍ BorsodChem
The PVC resins market features key players like Formosa Plastics, Occidental Petroleum, and SABIC. These companies innovate in production and application sectors, enhancing market growth through sustainable practices and diverse product offerings. Notable sales revenues include:
- Formosa Plastics: ~$9 billion
- SABIC: ~$40 billion
- Ineos Group: ~$15 billion
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Market Segmentation
By Application
Automotive
Building & Construction
Consumer Goods
Others
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By Product
Suspension
Emulsion
Blended
Market Growth
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$ X Billion USD
