The polyvinyl chloride (PVC) compound market is undergoing increased innovation as well a sthe expansion strategies. For instance, Shintech Inc., is building a new PVC facility in Plaquemine, Louisiana (US). This initiative, which began in 2018, will greatly increase the company's production capacity. The focus of innovation will be on developing long-term alternatives to PVC. Consequently, the market is projected to show favorable growth over the forecast period due to these determinants.
