Unplasticized Polyvinyl Chloride (uPVC)
Market
Unplasticized Polyvinyl Chloride (uPVC) Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Unplasticized Polyvinyl Chloride (uPVC) Market Size and Growth
The unplasticized polyvinyl chloride (uPVC) market is experiencing robust growth, driven by demand in construction and plumbing applications. The market size is projected to reach approximately $75 billion by 2028, reflecting a healthy CAGR. Factors such as sustainability initiatives and technological advancements are influencing market dynamics and product innovations.
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Companies Covered (Covid 19 Impact Covered)
◍ Formosa Plastics
◍ Inovyn (Solvay and Ineos)
◍ LG Chem
◍ Westlake Chemical
◍ Shintech
◍ Mexichem
◍ Mitsubishi Chemical
◍ DCM Shriram
◍ Oxy
◍ Hanwha
◍ Kem One
◍ Vinnolit
◍ Braskem
◍ Sanmar Group
◍ Ercros
◍ Vestolit
◍ Tosoh
◍ Nan Ya
The uPVC market features companies like Formosa Plastics, LG Chem, and Shintech, focusing on production for construction and automotive sectors. These firms enhance market growth through innovations and expanding production capacities. Notable revenues include:
- Westlake Chemical: $8.4 billion
- LG Chem: $26.3 billion
- Shintech: $1.9 billion.
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Market Segmentation
By Application
Decoration
Building
Agriculture
Others
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By Product
Modified uPVC
Un-modified uPVC
Market Growth
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$ X Billion USD
