Global PVC Additives Market, By Type (Stabilizers, Impact Modifiers, Processing Aids, Lubricants, Plasticizers), Fabrication Process (Extrusion, Injection Molding), Application (Pipes and Fittings, Profiles and Tubing, Rigid Sheet and Panel), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
The PVC additives market is expected to witness market growth at a rate of 6.05% in the forecast period of 2021 to 2028. Data Bridge Market Research report on PVC additives market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in demand for the product from end-use industries is escalating the growth of PVC additives market.
PVC also called Polyvinyl chloride refers to a type of thermoplastic which is widely used for its non-reactivity, chemical stability, longevity, and light weight. PVC additives are considered essential part of plastic manufacturing as they assist in increasing the tensile and texture strength of PVC products. Stabilizers are generally utilized in the manufacturing of polymers and PVC is highly employed in the manufacture of products.
The rise in the replacement of conventional material With PVC across various sectors acts as one of the major factors driving the growth of PVC additives market. The increase in the demand for PVC additives from several industries such as agriculture, gas transportation, automotive, construction, electronic equipment, consumer grade plastics, and water containers and use of the product for enhancing the density of the freshly synthesized polymer as it lacks the flowing properties required to be processed by an extruder accelerate the market growth. The surge in demand for stabilizers in varied applications such as rigid and semi-rigid films, pipes and fittings, and others and increase in application of PVC additives in manufacture of automotive parts owing to its excellent fastening properties and high purity further influence the market. Additionally, urbanization and industrialization, high use in various processes and expansion of end-use industries positively affect the PVC additives market. Furthermore, increase in demand from applications in construction, medical, and automotive industries extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, presence of rules and regulations by various government authorities on different raw materials used is expected to obstruct the market growth. Limited research and development expenditure especially in developing regions is projected to challenge the PVC additives market in the forecast period of 2021-2028.
This PVC additives market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on PVC additives market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
PVC Additives Market Scope and Market Size
The PVC additives market is segmented on the basis of form type, fabrication process and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the PVC additives market is segmented into stabilizers, impact modifiers, processing aids, lubricants and plasticizers.
- On the basis of fabrication process, the PVC additives market is segmented into extrusion and injection molding.
- On the basis of application, the PVC additives market is segmented into pipes and fittings, profiles and tubing and rigid sheet and panel.
Global PVC Additives Market Country Level Analysis
The PVC additives market is analyzed and market size, volume information is provided by country, type, fabrication process and application as referenced above.
The countries covered in the global PVC additives market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the PVC additives market due to the economic growth, and increasing population within the region. North America and Europe are expected to witness high growth during the forecast period of 2021 to 2028 because of the high demand for plasticizers, UV stabilizers, and flame retardants among others in the region.
The country section of the PVC additives market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
PVC Additives Market Share Analysis
The PVC additives market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to PVC additives market.
The major players covered in the PVC additives market report are KANEKA CORPORATION, BASF SE, SONGWON, Akzo Nobel N.V., ADEKA CORPORATION, Clariant, PAU Tai Industrial Corporation, Baerlocher GmbH, Shandong Ruifeng Chemical Co. Ltd., Akdeniz Kimya, Shandong Novista Chemicals Co., Ltd., Indofil Industries Limited, En-Door, Sun Ace Kakoh (Pte.) Ltd., PATCHAM (FZC), and Valtris Specialty Chemical, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.