Polyvinyl Chloride Resins (PVC) Market
Polyvinyl Chloride Resins (PVC) Market Scope:
Industry Analysis, Market Size, Growth, Trends Till
2031
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Polyvinyl Chloride Resins (PVC) Market Size and Growth
The Polyvinyl Chloride (PVC) resins market is experiencing significant growth, driven by increased demand in construction, automotive, and healthcare sectors. The market size is projected to reach approximately $70 billion by 2027, reflecting a robust CAGR. Key factors include innovation in applications and sustainable product development influencing market dynamics.
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Companies Covered
(Covid 19 Impact Covered)
◍ Shin-Etsu Chemical Co. Ltd.
◍ Formosa Plastics Group
◍ Occidental Petroleum Corporation
◍ Ineos Chlorvinyls Ltd
◍ Solvay S.A.
◍ Westlake Chemical
◍ Mexichem S.A.B.
◍ KEM one
◍ Vinnolit Gmbh & Co. Kg
◍ Xinjiang Zhongtai Chemical Co. Ltd.
The PVC market features major players like Shin-Etsu Chemical, Formosa Plastics, and Westlake Chemical. These companies produce various PVC grades for construction, packaging, and automotive sectors, driving market growth through innovation and strategic partnerships.
Sales Revenue Highlights:
- Westlake Chemical: $13 billion
- Formosa Plastics: $9 billion
- Solvay: $11 billion
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Market Segmentation
By Application
By Product
◍ Rigid Polyvinyl Chloride ◍ Flexible Polyvinyl Chloride ◍ Building & Construction ◍ Automotive ◍ Electrical
Footwear
Packaging ◍ Others
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Market Growth
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$ X Billion USD
