Global PVC Compound Market Growth 2024-2030
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 The PVC characteristics are when the flame is withdrawn and difficult to ignite and have self-extinguishing.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.
The global PVC Compound market size is projected to grow from US$ 3710 million in 2024 to US$ 4960 million in 2030; it is expected to grow at a CAGR of 5.0% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “PVC Compound Industry Forecast” looks at past sales and reviews total world PVC Compound sales in 2023, providing a comprehensive analysis by region and market sector of projected PVC Compound sales for 2024 through 2030. 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 key players of PVC Compound include Westlake Chemical, Orbia, Aurora Plastics and Benvic Group. The top four manufacturers hold approximately 39% of the global market share.
In terms of product type, Plasticised PVC is the largest segment, with a share of 73%. And in terms of application, Pipe & Fitting has a share about 25 percent.
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.
Segmentation by Type:
Non-Plasticised PVC
Plasticised PVC
Segmentation by Application:
Electronic and Electrical
Security
Home Appliances
Pipe & Fitting
Profiles
Wire & Cable
Film & Sheet
Other
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 analysing the company's coverage, product portfolio, its market penetration.
Westlake Chemical
Orbia
Aurora Plastics
Benvic Group
INEOS Compounds
Teknor Apex
Flex Technologies
Empol (IFFCO)
GEON Performance Solutions
Konnark Polymer
Mazda Plastic
Thevinyl
RIKEN
SCG Chemicalss
Hanwha
Kingfa Sci.& Tech.
Guangdong Silver Age Sci & Tech
China General Nuclear Power
MEGA Compound
Changzhou Hopefinder Polymer SCI&TECH
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 by Type, by Application?
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