The global PVC compound market is projected to reach $15.1 billion by 2026, at a CAGR of 5.2% during 2021-2026. The growth of PVC compound market is driven by growth in building and construction activities and increasing demand for consumer electronics.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the PVC compound market by application (film and sheet, wire and cable, pipe and fitting, flooring, profile and tubes, and others), end use (electrical and electronics, building and construction, packaging, automotive, and others), product type (rigid, and flexible PVC), manufacturing process (injection molding, extrusion, and others) and region (North America, Europe, Asia Pacific and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the PVC compound market?
Q.4 What are some changing demands of customers in the PVC compound market?
Q.5 What are the new developments in the PVC compound market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this PVC compound area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this PVC compound market?
Emerging trends, which have a direct impact on the dynamics of the industry, include development of molecular orientation technology for efficient, environment- friendly, and cost- efficient high pressure PVC water pipe.
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Market Segmentation:
Based on application, the PVC compound market is segmented into film and sheet, wire and cable, pipe and fitting, flooring, profile and tubes, and others. The film and sheet segment is accounted for the largest share of the market in 2020 and highest CAGR during the forecast period due to increasing demand of food packaging in the emerging nations.
Asia Pacific is expected to be the largest region over the forecast period and witness the highest growth over the forecast period due to increasing demand for pipe & fitting, wire & cable, and profiles.
Key Players in the PVC compound market are Westlake, INEOS, Mexichem, Formosa Plastics, PKN Orlen, Ercros, Teknor Apex, Benvic, Aurora Plastics, and Roscom and others.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
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About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
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