Ercros S.A, Formosa Plastics Corporation and NAN YA PLASTICS CORPORATION are Dominating the Global PVC Compound Market in 2019

Global PVC Compound Market is expected to grow with the CAGR of 4.1% 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 is opened in Vila- seca for the production of chlorine and PVC compound. It will help the company to expand its product portfolio and increase its customer base

Ercros S.A is the dominating player in PVC Compound Market. The other key players existing in the market includes Création Agence B-WONDER, Vinacompound Co. Ltd., Aurora Plastics LLC, Yangzhou Kaier Chemical Co., Ltd., Wofoo Plastics Limited, zhonglianChemicals, Dörken GmbH & Co. KG, Shenzhen Hengfangda Polymer Material Technology Co., Ltd., Westlake Chemical Corporation, Rainmaker Polymers LLC, Orbia, Formosa Plastics Corporation, Teknor Apex, INEOS, MESGO SpA, OTECH CORPORATION, GEON Performance Solutions, AMERICHEM, Ercros S.A, ANWIL S.A., Tekni-Plex, Roscom Inc., Showa Kasei Kogyo Co., Ltd., RTP Company, Manner Polymers, Crown General, PCW GmbH, Çermikler, The Hexpol group of companies, SCG Chemicals Co., Ltd., NAN YA PLASTICS CORPORATION , RIKEN TECHNOS CORP ,  Mitsubishi Chemical Corporation, Shin-Etsu Chemical Co., Ltd.

Ercros S.A

Ercros S.A headquartered in Barcelona, Spain, which was founded in 1989. The company is engaged in manufacturing of various products including intermediate chemicals, derivatives and pharmaceuticals. The company business segments and product categories are chlorine derivatives division, intermediate chemicals division, pharmaceuticals division and our focused business segment and focused market categories 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).

• In March 2018,  Ercros S.A have decided to increase its production capacity of chlorine and soda in plant at Barcelona. This development will help the company to increase its production capacity in PVC compound and generate revenue in near future

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 including plastic division, polypropylene division, polyolefin division, tairylan division, chemistry division and others Divisions among which plastic division is market focused segment. The company offers its products in several categories including plastic, chemicals, fiber materials, electronics and others.

The company has global presence in Asia-Pacific and 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.

In December 2017, Formosa Plastics Corporation had decided to increase its production capacity by establishing the production plant in Louisiana and plant will be started in year 2020. This development will help the company to increase its revenue in future.

NAN YA PLASTICS CORPORATION

NAN YA PLASTICS CORPORATION incorporated has headquartered in Kaohsiung, Taiwan. The company is engaged in manufacturing of plastic products, chemicals among others products. The company offers wide range of business segment and product categories are plastics product, plastics material, electronic materials, polyester product, and other department. The major business segment and market focused category of the company is plastics product.

The company has presence in Asia-Pacific, North America, South America, Europe, Africa with its various subsidiaries Nan Ya Plastics Corporation, America (U.S.), Nan Ya Plastics Corporation U.S.A. (U.S.), Nan Ya Plastics (Hong Kong) Co., Ltd. (China) among others.

In December 2019, NAN YA PLASTICS CORPORATION has participated in the event at 31th Taipei International Building, Construction & Decoration Exhibition 2019 on December 12th to 15th, 2019. This will help the company to introduce new technology in the market which will help the company to increase revenue in future.