Global PVC Compound Market Growth 2023-2029

Global PVC Compound Market Growth 2023-2029

The most versatile thermoplastic material commercially available in a variety of compounded forms to cover a wide range of hardness and flexibility applications is PVC. It has good physical strength and excellent resistance to water and chemicals. The PVC characteristics are when the flame is withdrawn and difficult to ignite and have self-extinguishing.

PVC resin is liable to degradation on heating and is a very tricky material to process, unless properly compounded. This places a great deal of responsibility on the compounding technologist. The use of compounding is to mix the resin and other additives into a homogeneous state of processing. These compounds use for the manufacture of finished products. It is impossible to process PVC resin without the addition of certain compounding ingredients such as heat stabilizers and lubricants.

LPI (LP Information)' newest research report, the “PVC Compound Industry Forecast” looks at past sales and reviews total world PVC Compound sales in 2022, providing a comprehensive analysis by region and market sector of projected PVC Compound sales for 2023 through 2029. With PVC Compound sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world PVC Compound industry.

This Insight Report provides a comprehensive analysis of the global PVC Compound landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on PVC Compound portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global PVC Compound market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for PVC Compound and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global PVC Compound.

The global PVC Compound market size is projected to grow from US$ 3853.9 million in 2022 to US$ 5453 million in 2029; it is expected to grow at a CAGR of 5453 from 2023 to 2029.

The global PVC Compound industry has a low concentration. The major manufacturers are concentrated in USA, and Europe, such as Westlake Chemical, Mexichem, Aurora Plastics, Benvic Europe and INEOS Compounds. At present, Westlake Chemical is the world leader, holding 23% production market share.

The global PVC Compound consumption market is led by North America and Europe. And North America is the largest region consumption market, accounting for about 52% of global consumption of PVC Compound.

PVC Compound downstream is wide and recently PVC Compound has acquired increasing significance in various fields of Wire & Cable, Pipe & Fitting, the PVC Compound market is mainly driven by growing demand for Profiles & Tubes. Profiles & Tubes accounts for nearly 25% of total downstream consumption of PVC Compound in global.

PVC Compound can be mainly divided into Non-Plasticised PVC and Plasticised PVC, which Plasticised PVC captures about 65% of PVC Compound market.

This report presents a comprehensive overview, market shares, and growth opportunities of PVC Compound market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Non-Plasticised PVC

Plasticised PVC

Segmentation by application

Pipe & Fitting

Profiles & Tubes

Wire & Cable

Film & Sheet

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Westlake Chemical

Mexichem

Aurora Plastics

Benvic Europe

INEOS Compounds

Vinyl Compounds

Teknor Apex

Flex Technologies

Roscom

EMPOL/IFFCO

Cary Compound

S&E Specialty Polymers

Sylvin Technologies

Konnark Polymer

Mazda Plastic

Thevinyl

ACTEGA

PolyOne

Hanwha (Korea)

Kingfa (China)

Thai Plastics

Key Questions Addressed in this Report

What is the 10-year outlook for the global PVC Compound market?

What factors are driving PVC Compound market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do PVC Compound market opportunities vary by end market size?

How does PVC Compound break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.