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World - Polyvinyl Chloride in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Polyvinyl Chloride in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Mar 24, 2021

Robust Growth in the Asian Construction Sector to Stimulate the PVC Market

IndexBox has just published a new report: 'World - Polyvinyl Chloride (In Primary Forms) - Market Analysis, Forecast, Size, Trends, and Insights.' Here is a summary of the report's key findings.

The negative impact of the COVID crisis on the PVC market is offset by growing demand in the Asian construction industry and the global packaging market.

Key Trends and Insights

The main factor behind the PVC market growth is the high demand from the automotive and construction industries. Both were stagnating during the lockdown. However, according to Eurostat and the National Bureau of Statistics (NBS), the construction sector began to recover since the second half of 2020.

Concerning environmental trends, PVC is an attractive promising material. The use of PVC in the automotive industry reduces vehicle weight, thereby improving fuel economy and minimizing carbon dioxide emissions.

The rapidly expanding construction industries in China and India to become the main drivers of PVC consumption growth over the medium term. in India, construction growth has been accelerated significantly due to the government's "Housing for All" program. Domestic PVC production cannot fully meet the high demand in India, so more than half of the consumed PVC is imported. (IndexBox estimates)

Despite falls in the per capita income in many countries and the likelihood of the next COVID wave lockdown, the demand for flexible PVC packaging is steadily increasing since e-commerce develops rapidly.

Market performance is forecast to decelerate, expanding with an anticipated CAGR of +1.7% for the period from 2019 to 2030, projected to bring the market volume to 47M tons by the end of 2030.

Consumption by Country

The countries with the highest volumes of polyvinyl chloride consumption in 2019 were China (8.9M tons), India (6.4M tons), and the U.S. (4.3M tons), with a combined 50% share of global consumption.

From 2012 to 2019, the most notable rate of growth in terms of polyvinyl chloride consumption amongst the leading consuming countries was attained by India, while polyvinyl chloride consumption for the other global leaders experienced more modest paces of growth.

In value terms, the largest polyvinyl chloride markets worldwide were China ($8B), India ($6B), and the U.S. ($4.4B), together comprising 49% of the global market.

Global Production

In 2019, the amount of polyvinyl chloride (in primary forms) produced worldwide was estimated at 37M tons, remaining constant against the previous year's figure. In value terms, polyvinyl chloride production fell modestly to $35.2B in 2019, estimated at export prices.

The countries with the highest volumes of polyvinyl chloride production in 2019 were China (9M tons), the U.S. (6.8M tons), and India (2.3M tons), together accounting for 49% of global production.

Global Imports

In 2019, the amount of polyvinyl chloride imported worldwide rose slightly to 16M tons, surging by 1.6% compared with the year before. The total import volume increased at an average annual rate of +3.6% from 2012 to 2019.

In value terms, polyvinyl chloride imports declined modestly to $16.1B (IndexBox estimates) in 2019.

India was the key importing country with an import of around 4.1M tons, which accounted for 25% of total imports. It was distantly followed by China (934K tons), constituting a 5.8% share of total imports. Italy (670K tons), Germany (646K tons), Turkey (628K tons), Belgium (517K tons), Canada (501K tons), Vietnam (406K tons), Brazil (392K tons), Poland (388K tons), Mexico (349K tons), Bangladesh (319K tons) and the U.S. (310K tons) held a little share of total imports.

India was also the fastest-growing in polyvinyl chloride imports, with a CAGR of +20.2% from 2012 to 2019.

In value terms, India ($3.8B) constitutes the largest market for imported polyvinyl chloride (in primary forms) worldwide, comprising 24% of global imports. The second position in the ranking was occupied by China ($991M), with a 6.1% share of global imports. It was followed by Germany, with a 4.1% share.

In India, polyvinyl chloride imports expanded at an average annual rate of +18.0% over the period from 2012-2019. In the other countries, the average annual rates were as follows: China (-5.5% per year) and Germany (-2.2% per year).

The average polyvinyl chloride import price stood at $995 per ton in 2019.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global polyvinyl chloride market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20163010 - Polyvinyl chloride, not mixed with any other substances, in primary forms
  • Prodcom 20163023 - Non-plasticised polyvinyl chloride mixed with any other substance, in primary forms
  • Prodcom 20163025 - Plasticised polyvinyl chloride mixed with any other substance, i n primary forms

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

ChemChina, Formosa Plastics Corporation, Dupont, LG Chem Ltd., Westlake Chemical Corporation, Axiall, Orbia, Celanese Corporation, PolyOne Corporation, Mitusbishi Corporation, Vynova, Vinnolit GmbH & Co. KG, VESTOLIT, Shin-Etsu Chemical Ltd., INOVYN, Ercros, OxyVinyls, CNSG Anhui Hong Sifang Co., JM Eagle, Charlotte Pipe and Foundry Company, Contech Engineered Solutions, Occidental Chemical Corporation

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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