Plasticized PVC compound are recycled on the basis of two groups, one is pre-consumer waste and another is post-consumer waste. The pre-consumer waste is the type of waste which is generated while the plasticized PVC is converted into final products. Another form of recycled group is post-consumer waste in which the end products are recycled such as medical devices, pipes and windows. Recycling depends on the type of plasticized PVC compound used, which is either rigid or flexible.
The global plasticised polyvinyl chloride (PVC) compound market is expected to reach USD 5,920.19 million by 2029 from USD 4,383.36 million in 2022, growing with a substantial CAGR of 4.4% in the forecast period of 2022 to 2029. The increasing demand for tubes and profiles in a variety of sectors has increased the usage of plasticized PVC compound in the production of molding tubes and profiles. Hence, the growing demand for tubes and profiles is expected to drive the market growth.
Growing building and construction activities in developing countries across the world will drive the market's growth rate
Plasticized PVC compound is the cost-effective compounding product that has resistance to water and therefore makes the walls free from corrosion with the changing environmental conditions. It is majorly used in windows, roofing, fencing, wallcoverings, and flooring. Plasticized PVC compound is used in building walls as it can withstand tough weather conditions; with that, PVC protects outer walls by resisting heat. Plasticized PVC compound acts as a trusted and relevant material that is used in cables and electrical wirings. And with that, plasticized PVC compound doesn't lead to catch any fire due to short circuit or any other kind of problem and protects the wires from corrosion, which happens due to the passage of time.
Report Scope and Market Segmentation
Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Form (Dry and Wet), Manufacturing Process (Injection Molding, Extrusion, Others), Application (Film and Sheet, Wire and Cabling, Pipe and Fitting, Profiles and Tubes and Others), End Use (Medical, Building and Construction, Packaging, Automotive, Consumer Goods, Electrical and Electronics, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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3M (U.S.), XPEL, Inc. (U.S.), Dow (U.S.), Eastman Chemical Company (U.S.), Hexis S.A.S (France),PremiumShield (U.S.) STEK-USA (U.S.), Reflek Technologies Corporation (U.S.), GRAFITYP (Belgium), ORAFOL Europe GmbH (Germany), DuPont (U.S.), DAIKIN (Japan)Optic Shield (Czechia), Solvay (Belgium), SCHWEITZER-MAUDUIT INTERNATIONAL, INC. (U.S.), Saint-Gobain (France) and Avery Dennison Corporation (U.S.) among others.
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Data Points Covered in the Report
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In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
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Segment Analysis:
The global plasticised polyvinyl chloride (PVC) compound market is categorized into four notable segments which are based on form, manufacturing process, application, and end-use.
Major Players
Data Bridge Market Research recognizes the following companies as the market players in plasticised polyvinyl chloride (PVC) compoundmarket: 3M (U.S.), XPEL, Inc. (U.S.), Dow (U.S.), Eastman Chemical Company (U.S.), Hexis S.A.S (France),PremiumShield (U.S.) STEK-USA (U.S.), Reflek Technologies Corporation (U.S.), GRAFITYP (Belgium), ORAFOL Europe GmbH (Germany), DuPont (U.S.), DAIKIN (Japan)Optic Shield (Czechia), Solvay (Belgium), SCHWEITZER-MAUDUIT INTERNATIONAL, INC. (U.S.), Saint-Gobain (France) and Avery Dennison Corporation (U.S.).
Market Development
Regional Analysis
Geographically, the countries covered in the plasticised polyvinyl chloride (PVC) compound market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
Asia-Pacific is the dominant region in plasticised polyvinyl chloride (PVC) compound market during the forecast period 2022 - 2029
Asia-Pacific is dominating the market due to the recycling abilities of plasticized PVC medical devices and growing building and construction activities in developing countries. Due to the recovery initiative in plasticized PVC compounds in the region and the plasticized polyvinyl chloride (PVC) compound, manufacturers are engaged in developing new plasticized polyvinyl chloride (PVC) compounds products in the region is propelling the region's demand for plasticized polyvinyl chloride (PVC) compound.
North America is estimated to be the fastest growing region in plasticised polyvinyl chloride (PVC) compound market the forecast period 2022 - 2029
North America will score the highest growth rate due to the major players' increased focus on this region. Moreover, the prevalence of advanced infrastructure in the region will further create lucrative growth opportunities.
COVID-19 Impact
COVID-19 impacted various manufacturing industries in the year 2020-2021 as it led to the closure of workplaces, disruption of supply chains, and restrictions on transportation. However, no significant impact was noticed on their plasticized polyvinyl chloride (PVC) compound global operations and supply chain, as the import and export of vaccines and essential goods led to the increasing demand for plasticized polyvinyl chloride (PVC) compound. This growing awareness and governmental push for the research and development and introduction of new plasticized polyvinyl chloride (PVC) compounds increase the growth of global plasticized polyvinyl chloride (PVC) compound market.
For more detailed information about the plasticised polyvinyl chloride (PVC) compound on market report, click here – https://www.databridgemarketresearch.com/reports/global-plasticized-polyvinyl-chloride-pvc-compound-market
Global Plasticized Polyvinyl Chloride (PVC) Compound Market - Industry Trends and Forecast to 2029
Europe Plasticized Polyvinyl Chloride (PVC) Compound Market - Industry Trends and Forecast to 2029
Middle East and Africa Plasticized Polyvinyl Chloride (PVC) Compound Market - Industry Trends and Forecast to 2029
North America Plasticized Polyvinyl Chloride (PVC) Compound Market - Industry Trends and Forecast to 2029
Asia-Pacific Plasticized Polyvinyl Chloride (PVC) Compound Market - Industry Trends and Forecast to 2029