Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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UPVC Market Size and Growth
The UPVC market is witnessing steady growth, driven by increasing demand in construction and renovation. As of 2023, the global UPVC market size is valued at approximately USD 60 billion, with an anticipated CAGR of 5% through 2030. Key factors include durability, energy efficiency, and cost-effectiveness, enhancing market prospects. Request Sample Report
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
◍ Braskem
◍ Sanmar Group
◍ Ercros
◍ Vestolit
◍ Tosoh
◍ Nan Ya
The UPVC market features key players including Formosa Plastics, Inovyn, LG Chem, and Westlake Chemical. These companies supply innovative solutions for construction, plumbing, and packaging, driving growth through product advancement and sustainability. Sales figures include:
- Formosa Plastics: $9 billion
- Westlake Chemical: $8 billion
- LG Chem: $25 billion
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