1. Home
  2. Chemical and Materials
  3. north-america-pvc-compound-market
Image

North America Polyvinyl Chloride (PVC) Compound Market – Industry Trends and Forecast to 2029

  • Chemical and Materials
  • Upcoming Report
  • Apr 2022
  • North America
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • Chemical and Materials
  • Upcoming Report
  • Apr 2022
  • North America
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

North America Polyvinyl Chloride (PVC) Compound Market, By Product (Rigid Product, Flexible Product), Type (Non-Plasticized PVC, Plasticized PVC), Compound (Dry PVC Compound, Wet PVC Compound), Manufacturing Process (Injection Molding, Extrusion, Others), Application (Pipe and Fitting, Profiles and Tubes, Wire and Cable, Film and Sheet, Others), Raw Material (PVC Resin, Plasticizers, Stabilizers, Lubricants, Fillers, Functional Additives, Alloying Polymers),  End User (Medical, Building and Construction, Packaging, Automotive, Consumer Goods, Electrical and Electronics, Others) – Industry Trends and Forecast to 2029

North America Polyvinyl Chloride (PVC) Compound Market

Market Analysis and Size

The chemical industry has grown exponentially over the past few years. Additionally, growing consumer awareness regarding attractive interiors and the surging residential construction activities across developing countries have significantly contributed to the polyvinyl chloride (PVC) compound market. These factors will also aid the market to flourish over the forecasted year as well.

North America Polyvinyl Chloride (PVC) Compound Market was valued at USD 4,600 million in 2021 and is expected to reach USD 6104.30 million by 2029, registering a CAGR of 3.6% during the forecast period of 2022-2029. 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.

Market Definition

Polyvinyl chloride (PVC) is basically a commonly used thermoplastic material generally available in various compounded forms to cover a wide range of hardness and flexibility applications. Polyvinyl chloride (PVC) has good physical strength and excellent resistance to water and chemicals. PVC compounding is used to mix resin and other additives into a homogeneous state of processing.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Product (Rigid Product, Flexible Product), Type (Non-Plasticized PVC, Plasticized PVC), Compound (Dry PVC Compound, Wet PVC Compound), Manufacturing Process (Injection Molding, Extrusion, Others), Application (Pipe and Fitting, Profiles and Tubes, Wire and Cable, Film and Sheet, Others), Raw Material (PVC Resin, Plasticizers, Stabilizers, Lubricants, Fillers, Functional Additives, Alloying Polymers),  End User (Medical, Building and Construction, Packaging, Automotive, Consumer Goods, Electrical and Electronics, Others)

Countries Covered

U.S., Canada, Mexico

Market Players Covered

The Lubrizol Corporation (U.S.), Clariant (Switzerland), Avient Corporation (U.S.), LG Chem (South Korea), BASF SE (Germany), 3M (U.S.), Dow (U.S.), DuPont (U.S.), LSB INDUSTRIES (U.S.), Sika AG (Switzerland), Innospec (U.S.), ADEKA CORPORATION (Japan), Dorf Ketal Chemicals (I) Pvt. Ltd. (U.S.), PMC Specialties Group (U.S.), Chemplast Sanmar Limited (India), Westlake Chemical Corporation (U.S.), Mitsubishi Chemical Corporation (Japan), SABIC (Saudi Arabia), Afton Chemical (U.S.), LANXESS (Germany), Mayzo, Inc. (U.S.), Solvay (Belgium), Akzo Nobel N.V. (Netherlands), Arkema (France) and Eastman Chemical Company (U.S.)

Market Opportunities

  • Presence of sustainable forms of polyvinyl chloride (PVC) compound

  • Various governing policies which are supposed to help the industrial development

Polyvinyl Chloride (PVC) Compound Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

  • High Demand Across End Users

The growing utilization of the polyvinyl chloride (PVC) compounds across the various end user industries due to its advantages such as abrasion resistance, good mechanical strength, and light weight, making it suitable for building and construction applications, has largely boosted the market demand. This factor is estimated to carve a way for the growth of the market.

The upsurge in the business expansion will further propel the growth rate of polyvinyl chloride (PVC) compound market. Additionally, the rise in the disposable income in the advancing countries will also drive market value growth. The strict environmental regulations with regards to the production and consumption of the materials are projected to bolster the growth of the market.

Opportunities

  • Surging Presence of Governing Policies and Sustainable Forms

Furthermore, the presence of various governing policies which are supposed to help the industrial development extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the presence of sustainable forms of polyvinyl chloride (PVC) compound to lessen the potential negative impact on human health will further expand the future growth of the polyvinyl chloride (PVC) compound market.

Restraints/Challenges

  • Shifting Demand-Supply Spectrum

The shifting demand-supply spectrum because of the improving of guidelines will create hindrances for the growth of the polyvinyl chloride (PVC) compound market.

  • Environmental Concerns

However, environmental concerns such as carbon emissions and global warming may pose a significant barrier to the polyvinyl chloride (PVC) compound market's growth. Therefore, this factor will challenge the polyvinyl chloride (PVC) compound market growth rate over the forecasted period.

Moreover, the various complications in waste management of polyvinyl chloride (PVC) compound coupled with the fluctuation in the price of raw materials are also expected to hamper growth of the polyvinyl chloride (PVC) compound market.

This polyvinyl chloride (PVC) compound 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 the polyvinyl chloride (PVC) compound market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Polyvinyl Chloride (PVC) Compound Market

The recent outbreak of coronavirus had a negative impact on the polyvinyl chloride (PVC) compound market. The severe disruptions in various manufacturing and supply-chain operations due to the various precautionary lockdowns imposed by governments to curb the spread of disease les to huge financial setbacks for the market. Furthermore, consumer demand has decreased as people are now more focused on removing non-essential expenses from their budgets since the general economic situation of most people has been badly impacted by the outbreak. Over the forecast period, the aforementioned determinants will weigh the market's revenue trajectory over the forecast period.

On the brighter side, the market is estimated to revive as individual regulatory bodies begin to relax these enforced lockdowns. The suspended and cancelled operations will continue and as a result the market is estimated to expand.

Recent Development

  • In November 2021, GreenVinTM Polyvinyl Chloride (PVC), a lower-carbon alternative PVC, has been launched by Westlake Chemical Corporation's Vinnolit subsidiary in Germany. In the building, medical, and automotive industries, the alternative PVC is one of the most extensively used plastics. GreenVinTM PVC follows the release of GreenVinTM caustic soda earlier this year. The product line is expected to grow in the future to include the Company's hydrogen and vinyl chloride products. Caustic soda is used in the production of a wide range of products, including construction materials, water treatment products, pharmaceuticals, pulp & paper, and detergents.

North America Polyvinyl Chloride (PVC) Compound Market Scope

The polyvinyl chloride (PVC) compound market is segmented on the basis of product, type, compound, manufacturing process, application, raw material and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Rigid Product

  • Flexible Product

Type

  • Non-Plasticized PVC

  • Plasticized PVC

  • Compound

  • Dry PVC Compound

  • Wet PVC Compound

Manufacturing Process

Application

  • Pipe and Fitting

  • Profiles and Tubes

  • Wire and Cable

  • Film and Sheet

  • Others

Raw Material

  • PVC Resin

  • Plasticizers

  • Stabilizers

  • Lubricants

  • Fillers

  • Functional Additives

  • Alloying Polymers

End User

  • Medical

  • Building and Construction

  • Packaging, Automotive

  • Consumer Goods

  • Electrical and Electronics

  • Others

Polyvinyl Chloride (PVC) Compound Market Regional Analysis/Insights

The polyvinyl chloride (PVC) compound market is analyzed and market size insights and trends are provided by country, product, type, compound, manufacturing process, application, raw material and end user as referenced above.

The countries covered in the polyvinyl chloride (PVC) compound market report are U.S., Canada and Mexico in North America.

U.S. dominates the North American polyvinyl chloride (PVC) compound market as many captives in the U.S. and Canada are made of polyvinyl chloride (PVC) compound. Additionally, the steady growth in the supply of small bioplastics due to intense research and development activities boosts the market value over the forecast period of 2022-2029.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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.   

Competitive Landscape and Polyvinyl Chloride (PVC) Compound Market Share Analysis

The polyvinyl chloride (PVC) compound 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 polyvinyl chloride (PVC) compound market.

Some of the major players operating in the polyvinyl chloride (PVC) compound market are

  • The Lubrizol Corporation (U.S.)

  • Clariant (Switzerland)

  • Avient Corporation (U.S.)

  • LG Chem (South Korea)

  • BASF SE (Germany)

  • 3M (U.S.)

  • Dow (U.S.)

  • DuPont (U.S.)

  • LSB INDUSTRIES (U.S.)

  • Sika AG (Switzerland)

  • Innospec (U.S.)

  • ADEKA CORPORATION (Japan)

  • Dorf Ketal Chemicals (I) Pvt. Ltd. (U.S.)

  • PMC Specialties Group (U.S.)

  • Chemplast Sanmar Limited (India)

  • Westlake Chemical Corporation (U.S.)

  • Mitsubishi Chemical Corporation (Japan)

  • SABIC (Saudi Arabia)

  • Afton Chemical (U.S.)

  • LANXESS (Germany)

  • Mayzo, Inc. (U.S.)

  • Solvay (Belgium)

  • Akzo Nobel N.V. (Netherlands)

  • Arkema (France)

  • Eastman Chemical Company (U.S.)

SKU-
Advance Formative Research Customization
Request for bulk
Reports
Why Choose Us


Frequently Asked Questions

North America Polyvinyl Chloride (PVC) Compound Market is expected to show a value of USD 6104.30 million by 2029.
The market is estimated to register a CAGR of 3.6% within the forecast period.
On the basis of application, the North America Polyvinyl Chloride (PVC) Compound Market is segmented into Pipe and Fitting, Profiles and Tubes, Wire and Cable, Film and Sheet, Others.
On the basis of product, the North America Polyvinyl Chloride (PVC) Compound Market is segmented into Rigid Product, & Flexible Product.

Browse Related Reports

Global Polyvinyl Chloride (PVC) Compound Market – Industry Trends and Forecast to 2029

Asia-Pacific PVC compound Market – Industry Trends and Forecast to 2028

Europe Polyvinyl Chloride (PVC) Compound Market – Industry Trends and Forecast to 2029

Middle East and Africa Polyvinyl Chloride (PVC) Compound Market – Industry Trends and Forecast to 2029

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


Browse Related Blogs

Global PVC Compound Market is Forecasted to Grow at 4.1% with Factor Like Increasing Building and Construction Activities

Europe PVC Compound Market is Forecasted to Grow at 2.6% with Factor like Increasing Building and Construction Activities

North America PVC Compound Market is Growing at 2.9% in the Forecast Period of 2020 - 2027

Asia-Pacific PVC Compound Market is Forecasted to Grow at CAGR of 4.9% with Factor Such as Increasing Building and Construction Activities


Browse Related Press Release

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

Ercros S.A, Formosa Plastics Corporation, ANWIL S.A. (Subsidiary of PKN ORLEN S. A.) are Dominating the Europe PVC Compound Market in 2019

Formosa Plastics Corporation, INEOS and Shin-Etsu Chemical Co., Ltd. are Dominating the North America PVC Compound Market in 2019

Ercros S.A, Formosa Plastics Corporation and NAN YA PLASTICS CORPORATION are Dominating the market for Asia-Pacific PVC Compound Market in 2021

INEOS, Westlake Corporation and Formosa Plastics Corporation dominated the Global Plasticized Polyvinyl Chloride (PVC) Compound Market in 2021


REPORTS

MARKET INSIGHT

SUPPORT

SOLUTIONS

DMCA Protected © DataBridge - All Rights Reserved.