Lucintel Forecasts the Global Polyvinyl Chloride Market is expected to grow with a CAGR of 4.2% from 2024 to 2030
Lucintel Forecasts the Global Polyvinyl Chloride Market is expected to grow with a CAGR of 4.2% from 2024 to 2030
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According to a market report by Lucintel, the future of the global polyvinyl chloride market looks promising with opportunities in the building and construction, automotive, electrical and electronics, packaging, footwear, and healthcare markets. The global polyvinyl chloride market is expected to grow with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are rising demand for durable and flexible materials and substantial demand for this material from industries, such as construction, automotive, electrical, and healthcare.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in polyvinyl chloride market to 2030 by product type (rigid PVC, flexible PVC, and others), application (pipes and fittings, film and sheets, wire and cables, bottles, profiles, hoses and tubings, and others), end use (building and construction, automotive, electrical and electronics, packaging, footwear, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, rigid and flexible are the major segments of polyvinyl chloride market by product type. Lucintel forecasts that rigid PVC will remain the larger segment over the forecast period due to its significant use in electronics, construction, and consumer items given its efficient durability and resistance to various chemicals, corrosion, and weathering.
Within this market, building and construction is expected to witness the highest growth over the forecast period.
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APAC will remain the largest region over the forecast period due to expanding construction of numerous residential and commercial buildings, rising focus on using flexible and durable materials in the packaging industry, and existence of electronics production base in the region.
Arkema, Formosa Plastics, Xinjiang Zhongtai Chemical, Westlake Chemical Corporation, Shin-Etsu Chemical, Saudi Basic Industries, and Occidental Petroleum are the major suppliers in the polyvinyl chloride market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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