Europe PVC Compound Market is expected to grow with the CAGR of 2.6% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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PVC compound market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased various strategic developments owing to favourable market scenario.
The major players dealing in PVC compound market are introducing strong range of product portfolio. This helped company to maximize the sales with enhanced product portfolio. For instance, in March 2018, Ercros S.A have decided to increase the production capacity. The new production plant was opened in Vila- seca for the production of chlorine and PVC compounds. It has helped the company to expand its product portfolio and to increase its customer base.
Ercros S.A is the dominating player in Europe PVC compound market. The other key players existing in the market includes Création Agence B-WONDER, Yangzhou Kaier Chemical Co., Ltd., Wofoo Plastics Limited, zhonglianChemicals, Dörken GmbH & Co. KG, Westlake Chemical Corporation Orbia, Formosa Plastics Corporation, Teknor Apex, INEOS, MESGO SpA, GEON Performance Solutions, AMERICHEM, Ercros S.A, ANWIL S.A., Tekni-Plex, Roscom Inc., RTP CompanyCrown General, PCW GmbH, Çermikler, The Hexpol group of companies, SCG Chemicals Co., Ltd., NAN YA PLASTICS CORPORATION, RIKEN TECHNOS CORP, Mitsubishi Chemical Corporation, and Shin-Etsu Chemical Co., Ltd., among others.
Ercros S.A headquartered in Barcelona, Spain which was founded in 1989. The company is engaged in manufacturing of intermediate chemicals, derivatives and pharmaceuticals. The company business segments and product categories are chlorine derivatives division, intermediate chemicals division, pharmaceuticals division. Market focused business segment is chlorine derivatives division.
The company has wide global presence across the globe such as Asia-Pacific, Europe, Saudi & GCC, U.S., and Middle East & Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as Derivados Forestales SA (Spain) and Agrocros S.A. (Spain).
Formosa Plastics Corporation
Formosa Plastics Corporation is headquartered in Taiwan, China which was founded in 1954. The company is engaged in producing PVC resins, VCM, caustic soda, hydrochloric acid, MBS, HDPE, EVA/LDPE and LLDPE. The company has business segments which are plastic division, polypropylene division, polyolefin division, tairylan division, chemistry division and others divisions among which plastic division is market focused segment. The company product categories are plastic, chemicals, fiber materials, electronics and others. In which market focused segment is plastic.
The company has global presence in Asia-Pacific, Germany. In addition to it, the company also generates its revenue from the various subsidiary companies such as Formosa Petrochemical Corporation (U.S.), Formosa Plastics Corp., U.S.A (U.S.), Formosa Heavy Industries Corp (Taiwan), Formosa Sumco Technology Corp., (Taiwan) among others.
ANWIL S.A. (Subsidiary of PKN ORLEN S. A.)
ANWIL S.A. (Subsidiary of PKN ORLEN S. A.) founded in 1966, has headquartered in Bydgoszcz, Poland. The company is engaged in manufacturing of chemicals, plastics and fertilizers. The company offers its product in different categories such as fertilizers, chemicals, and plastics. The company has only presence in Poland.
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