Global PVC Resins Market Growth 2025-2031
The global PVC Resins market size is predicted to grow from US$ 46400 million in 2025 to US$ 57640 million in 2031; it is expected to grow at a CAGR of 3.7% from 2025 to 2031.
Polyvinyl chloride (PVC), together with polyethylene (PE), polypropylene (PP), polystyrene (PS) and ABS, are collectively referred to as the five general-purpose resins. PVC has the characteristics of flame retardancy, abrasion resistance, chemical resistance, electrical insulation and easy processing. It is one of the most widely used plastic varieties in industry, construction, agriculture, daily life, packaging, electricity, and public utilities.
Polyvinyl chloride (PVC) occurs as white, amorphous, odourless powder. Two types of PVC homopolymer are produced: rigid resins which are inflexible and hard; and flexible resins which contain a large proportion of plasticiser to make them soft and can be stretched. Products made from rigid PVC include pipe and conduit and roofing tiles. Flexible PVC finds outlets in wire and cable coating, flooring, coated fabrics and shower curtains. Other outlets for flexible PVC are film and sheet and flooring.
Global key players of PVC Resins include Shin-Etsu Chemical, Westlake Chemical, Formosa Plastics, INEOS Inovyn and Orbia, etc. The top five players hold a share over 30%. China is the largest market, has a share about 40%. In terms of product type, Ethylene Process is the largest segment, occupied for a share of about 85%, and in terms of application, Pipes, Profiles and Fittings has a share about 58 percent.
LP Information, Inc. (LPI) ' newest research report, the “PVC Resins Industry Forecast” looks at past sales and reviews total world PVC Resins sales in 2024, providing a comprehensive analysis by region and market sector of projected PVC Resins sales for 2025 through 2031. With PVC Resins sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world PVC Resins industry.
This Insight Report provides a comprehensive analysis of the global PVC Resins 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 Resins portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global PVC Resins market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for PVC Resins 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 Resins.
This report presents a comprehensive overview, market shares, and growth opportunities of PVC Resins market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Ethylene Process
Calcium Carbide Process
Segmentation by Application:
Pipes, Profiles and Fittings
Films and Sheets
Wires and Cables
Flooring and Coating
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 analysing the company's coverage, product portfolio, its market penetration.
Shin-Etsu Chemical
Westlake Chemical
Formosa Plastics
INEOS Inovyn
Orbia
Oxy
Xinjiang Zhongtai Chemical
Xinjiang Tianye Group
Beiyuan Chemical
Hanwha Solutions
LG Chem
Kem One
Hubei Yihua
Vynova
Tianjin Dagu Chemical
Junzheng Group
Reliance Industries
Braskem
Hongda Xingye
SCG Chemicals
Taiyo Vinyl
Key Questions Addressed in this Report
What is the 10-year outlook for the global PVC Resins market?
What factors are driving PVC Resins market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do PVC Resins market opportunities vary by end market size?
How does PVC Resins break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.