DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/n6f5xt/polyvinyl_chloride) has announced the addition of the "Polyvinyl Chloride (PVC) Global Market to 2020 - Growth from Asia-Pacific Construction, Packaging and Electrical Sectors Continues to Drive Demand" report to their offering.
Europe Leads Successful PVC Recycling Campaign
Global demand for Polyvinyl Chloride (PVC) has seen a steady increase over the last decade, and energy efficiency drives promise to push demand even higher, states a new report by market analysis experts GBI Research.
The new report* studies the synthetic resin, which is widely used in the construction industry due to its durability, strength and the cost advantage that it provides. PVC is used to make pipes, electrical wiring insulation, packaging and automotive products.
Energy efficiency and conservation are becoming increasingly important globally, and the major PVC region of Europe has been concerned with PVC sustainability for some time. The Vinyl 2010 program was launched in the European Union, primarily aiming to secure voluntary commitment to the enhancement of sustainable production and use of PVC. This program proved a major success, and during 2010, around 260,842 tons of post-consumer PVC waste was recycled, exceeding the 10-year target of 200,000 tons. Based on this achievement, the EU has launched a Vinyl Plus program, which is expected to further the cause of PVC sustainability in the region.
The demand for PVC is highest in Asia, where more than 65% of global PVC demand stems from, with China driving the majority of the demand. Demand in developed countries such Japan has largely stabilized, but the growing economies and large populations of developing countries such as India and China, means that they have huge consumption potential.
Companies Mentioned
- Bandar Imam Petrochemical Company
- Charoen Pokphand (CP) Group
- Dahin Co Ltd
- Ercros, S.A.
- Finolex Industries Limited
- Georgia Gulf Corporation
- Hanwha Chemical Corporation
- Industrial Resins (Malaysia) Sdn. Bhd.
- Kaneka Corporation
- LG Chem, Ltd.
- Malayan Electro-Chemical Industry Co., Sdn. Bhd.
- Nikochem Group
- Occidental Chemical Corporation
- Petroliam Nasional Berhad
- Reliance Industries Limited
- Sanmar Holdings Ltd.
- Techmashimport
- Vestolit GmbH & Co KG
- Westlake Chemical Corporation
- Mexichem, S.A.B de C.V
For more information visit http://www.researchandmarkets.com/research/n6f5xt/polyvinyl_chloride