- In January 2021, Shintech announced a capital investment of USD 1.25 billion to bolster its integrated PVC business, Shin-Etsu Chemical Co. Ltd, which will further boost the production capacity of Shintech Inc., its US subsidiary. Shintech’s PVC production capacity is expected to reach 3.62 million metric ton per year
- In January 2021, Orbia planned to sell its PVC Unit due to demand constraints. However, the final decision on the divestment is not officially revealed
- In October 2020, AGR resin of Xinjiang Zhongtai Chemical Fukang Energy Company successfully passed the National Standard Project Evaluation. AGR resin is a special anti-scour polyvinyl chloride resin developed due to the disadvantage of the low impact strength of universal polyvinyl chloride resin. It is a modified polyvinyl chloride resin
- In July 2020, KEM ONE partnered with Polyloop to develop PVC recycling. This partnership will result in the combination of their skills and expertise to develop new PVC recycling solutions at the Balan site
- In February 2020, INEOS and UPM Biofuels announced a long-term agreement to supply a renewable raw material for new and innovative bio-attributed polymers produced at INEOS Köln, Germany. The world’s first commercially available bio-attributed PVC uses the residue from wood pulp manufacturing
Frequently Asked Questions
The market is segmented based on Global Polyvinyl Chloride (PVC) Market Segmentation, By Product Type (Rigid PVC, Flexible PVC, Low-Smoke PVC and Chlorinated PVC), Stabilizer Type (Calcium-based Stabilizers, Lead-based Stabilizers, Tin-based Stabilizers, Barium Based Stabilizers and Others), Application (Pipes and Fittings, Film and Sheets, Wire and Cables, Bottles, Profiles, Hoses and Tubing and Others), End-User (Building and Construction, Automotive, Electrical and Electronics, Packaging, Footwear, Healthcare and Others) – Industry Trends and Forecast to 2032.
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The Global Polyvinyl Chloride Pvc Market size was valued at USD 46.57 USD Billion in 2024.
The Global Polyvinyl Chloride Pvc Market is projected to grow at a CAGR of 5.2% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..