DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/lcbw9v/global_polyvinyl) has announced the addition of the "Global Polyvinyl chloride (PVC) Market - Segmented by Product type, Application, End-User Industry and Geography - Trends and Forecasts (2015-2020)" report to their offering.
Global Polyvinyl chloride (PVC) market is expected to grow at a CAGR of 5.1% during the forecast period. Global production capacity, 37.3 million tonnes in 2014, is estimated to reach 50.27 million tonnes by 2020.
Europe dominates the market for PVC followed closely by Asia-Pacific. Consumers are increasingly becoming aware of the potential benefits of PVC, as a result South America and Asia Pacific regions are expected to increase its market share in the future.
Demand in developed countries like Japan has largely stabilized. More than 65% of global PVC demand stems from Asia Pacific region. China is driving majority of this demand. Hence, market in Asia Pacific is destined to drive the global business and it is consequently vital to engage this region in Europe's sustainability efforts, in order to enhance energy efficiency and promote industrial recycling.
Drivers
PVC consumption in India has grown over 10% per annum in the past years. Future projections also promises double-digit growth. Infrastructure and housing sector are key drivers for market growth. Government of India's 12th Plan projection for increasing manufacturing share in GDP from 18% to 25% is a huge pointer towards potential growth.
Challenges
Environmental concerns has resulted in a new legislation that threatens PVC manufacturers. Competition from steel & concrete pipes and hike in raw material cost will also pose a threat to PVC market.
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Polyvinyl chloride (PVC) Market
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis (Market size, growth and forecast)
7. Competitive Landscape
8. Company Profiles (Overview, Products & Services, Financials, Recent Developments)
- BASF SE
- Bayer MS
- The Dow Chemical Co.
- DuPont
- Huntsman Corp.
- Recticel SA
- Mitsui Chemicals
- Shin-Etsu Chemical Co. Ltd.
- Formosa Plastics Group
- Occidental Petroleum Corporation
- Ineos Chlorvinyls Ltd.
- Solvay S.A.
- Axiall Corporation
- Mexichem S.A.B.
- KEM one
- Vinnolit Gmbh & Co. Kg
- Xinjiang Zhongtai Chemical Co. Ltd.
For more information visit http://www.researchandmarkets.com/research/lcbw9v/global_polyvinyl
