Polyvinyl Chloride (PVC) Resin Market Overview

Polyvinyl Chloride (PVC) Resin Market Overview

PVC Resin Overview

PVC is a widely used polymer. In terms of revenue generated, it is one of the most valuable products of the chemical industry. Globally, over 50% of PVC manufactured is used in construction for house siding, piping, etc. As a building material, PVC is inexpensive, hard, and easy to assemble. In recent years, PVC has been replacing traditional building materials such as wood and concrete. Despite appearing to be an ideal building material, concerns have been raised about the environmental and human health costs of PVC.

PVC Resin
PVC Resin from TLD Vietnam

Uses & Application insights 

The global PVC market is majorly driven by its high demand in some of the rapidly growing end-use industries such as electrical & electronics, building & construction, automotive, and packaging.

Polyvinyl chloride is manufactured in two grades, which include rigid and flexible and have versatile applications globally. Some of the rigid polyvinyl chloride applications include door & window frames, pipes, bottles, credit cards, and other non-food packaging. Wires, cables, sheets, films, profiles, pipes, fittings, and sidings are some of the applications for flexible polyvinyl chloride.

PVC Resin Market by End-users Industry, Global 2020

 

The rising global population in tandem with the increase in disposable incomes has led to the growth of many end-use industries that are high consumption areas for polyvinyl chloride. The growing construction industry has mainly projected growth for rigid polyvinyl chloride. Massive demand for consumer electronics products increased the demand of polyvinyl chloride in the electronics industry. Modernized and lightweight automotive products have also led to steady growth in the consumption of polyvinyl chloride.

The global polyvinyl chloride market is highly fragmented among some of the top players. The top companies have been focusing on providing better materials for various end-user industries.

List of TOP KEY PLAYERS in Polyvinyl Chloride (PVC) Resins Market Report are:

  • Formosa Plastics
  • Occidental Petroleum
  • Solvay
  • Ineos Group
  • Shin-Etsu Chemical
  • Scg Chemicals
  • LG Chemical
  • Sinopec Group
  • SABIC
  • Mexichem
  • DCM Shriram
  • BorsodChem

Markets insights 

Asia Pacific is the most popular regional market for the polyvinyl chlorides. This regional demand is mainly driven by increased consumption from China, India, Indonesia, Vietnam, and Thailand. China became the world’s largest PVC importer around the 1990s and as a result massive investments in the vinyl capacities and has huge capacities in excess today.

Western Europe and North America are the two mature markets for the polyvinyl chloride. The United States is the largest exporter of PVC where the offshore PVC markets have remained a significant outlet for the U.S. producers on account of its low-cost position that provides them an edge of shipping competitiveness globally. These two regions have almost similar market size with subdued capacities.

PVC Resin Market by End-users Industry, Global 2020

TLD Vietnam’s package of raw materials

TLD Vietnam is the leading supplier of one pack of raw materials for the plastics industry in Vietnam, especially for PVC products production. Our package for this sector includes PVC Resin, PVC Stabilizer, Zinc Stearate, Calcium Stearate, Calcium Carbonate,… with high and stable quality, which assures to bring the most effective solution of raw materials for customers’ production. Moreover, we can also research, customize and develop these products together with customers to ensure the highest suitability and efficiency for the production process which are optimizing capacity, saving costs, and ensuring great and stable quality output products.

PVC Resin is one of our strengths since we have the ability to provide all grades (K57/65/70), both Carbide and Ethylene based types from many reputed manufacturers in the world. Our materials are always in stock and prompt shipments in this high peak time of space and freight.