The durability and longevity of polyvinyl chloride (PVC) compounds contribute to their significance in various applications, especially in construction. PVC compounds exhibit exceptional weathering, chemicals, and abrasion resistance, making them well-suited for demanding environments. PVC pipes exemplify these characteristics in construction, boasting a prolonged lifespan and requiring minimal maintenance. This durability ensures the structural integrity of installations and contributes to cost-effectiveness over time. The ability of PVC compounds to withstand harsh conditions positions them as a reliable choice, offering sustainable solutions in infrastructure projects where longevity and low maintenance are paramount considerations.
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Data Bridge Market Research analyses the North America Polyvinyl Chloride (PVC) Compound Market, which was USD 4,765.60 million in 2022, is expected to reach USD 6,324.05 million by 2030 and is expected to undergo a CAGR of 3.60% during the forecast period of 2023 to 2030. The growing demand for PVC compounds in North America is driven by their indispensable role in key industrial sectors such as automotive, electrical, and manufacturing.
Key Findings of the Study
Increasing technological advancement is expected to drive the market's growth rate
Technological advancements in the North America polyvinyl chloride (PVC) compound market serve as a significant driver by fostering the development of high-performance and environmentally friendly formulations. Companies actively investing in research and development are enhancing the properties and applications of PVC compounds. This innovation meets evolving industry standards and aligns with the increasing demand for sustainable solutions. As a result, the market experiences growth as manufacturers introduce improved PVC formulations that cater to diverse applications and address environmental considerations, positioning them competitively in the market.
Report Scope and Market Segmentation
Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Pricing in USD, and Volumes in Units
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Segments Covered
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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)
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Countries Covered
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U.S., Canada and Mexico in North America
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Market Players Covered
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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.)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The North America polyvinyl chloride (PVC) compound market is segmented on the basis of product type, wound type, wound class, end user and distribution channel.
- On the basis of product, the North America polyvinyl chloride (PVC) compound market is segmented into rigid product, and flexible product
- On the basis of type, the North America polyvinyl chloride (PVC) compound market is segmented into non-plasticized PVC, and plasticized PVC
- On the basis of compound, the North America polyvinyl chloride (PVC) compound market is segmented into dry PVC compound, and wet PVC compound
- On the basis of manufacturing process, the North America polyvinyl chloride (PVC) compound market is segmented into injection moulding, extrusion, and others
- 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, and others
- On the basis of raw material, the North America polyvinyl chloride (PVC) compound market is segmented into PVC resin, plasticizers, stabilizers, lubricants, fillers, functional additives, and alloying polymers
- 根據最終用戶，北美聚氯乙烯 (PVC) 化合物市場細分為醫療、建築、包裝、汽車、消費品、電氣和電子等
主要參與者
Data Bridge Market Research 將以下公司認定為北美聚氯乙烯 (PVC) 化合物市場的主要參與者，在北美聚氯乙烯 (PVC) 化合物市場中，路博潤公司 (美國)、科萊恩公司 (瑞士)、Avient 公司 (美國)、LG 化學公司 (韓國)、巴斯夫公司 (PTRI)、3M 公司 (美國）、陶氏公司 (CNN) 公司(瑞士)、Innospec 公司 (美國)
市場發展
- 2022 年 12 月，Orbia 建築與基礎設施公司的子公司 Wavin 推出了一系列創新的生物基飲用水解決方案。這條前瞻性產品線透過採用生物基 PVC 解決了永續性問題。這種創新材料以來自生物質廢物流的生物乙烯取代傳統乙烯，並在生產過程中使用植物油。 Wavin 推出這些永續解決方案體現了其致力於為水務公司和基礎設施承包商提供環保替代方案的承諾
- 2022 年 8 月，Aurora Plastics 在擴大在俄亥俄州斯特里茨伯勒的業務方面邁出了重要一步。此次擴建將增加超過 1 億磅的產能，旨在增強公司的熱塑性複合材料生產能力。重點是硬質 PVC、硬質 PVC 合金和 CPVC。這項策略性舉措使 Aurora Plastics 能夠滿足日益增長的熱塑性化合物需求，同時增強其在市場上的地位
- 2022 年 8 月，大陸集團宣布與 INOVYN 合作，利用生物屬性 PVC BIOVYN。此次合作旨在為汽車產業生產技術和裝飾表面材料。透過採用源自永續生物基的 BIOVYN，大陸集團旨在減少其碳足跡，並滿足消費者對環保汽車產品日益增長的需求
- 2022 年 1 月，Westlake 透過其位於德國的子公司 Vinnolit 推出了 GreenVin 聚氯乙烯 (PVC)。 GreenVin PVC 代表 PVC 產業在環境永續性方面邁出了重要一步。這項創新為建築、汽車和醫療保健應用提供了更環保的替代方案。這項策略性舉措符合 Westlake 擴大產品範圍的承諾，同時優先考慮產品的可持續性
- 2021 年 1 月，Shintech 宣布投資 12.5 億美元，以加強其綜合 PVC 業務，該公司是信越化學株式會社的子公司。這項重大投資旨在擴大 Shintech Inc. 的生產能力，使其 PVC 年產量達到 362 萬公噸。這項策略性舉措使 Shintech 能夠滿足日益增長的 PVC 需求，並進一步鞏固其在行業中的地位
區域分析
從地理上看，北美聚氯乙烯 (PVC) 化合物市場報告涵蓋的國家包括北美的美國、加拿大和墨西哥。
根據 Data Bridge 市場研究分析：
2023-2030 年預測期內，美國是北美聚氯乙烯 (PVC) 化合物市場的 主導地區
美國憑藉其強大的製造業基礎佔據市場主導地位，特別是在建築和工業領域，PVC 化合物在這些領域有著廣泛的應用。技術進步、積極主動的研發方式以及良好的監管環境有助於提高美國製造商的競爭力。此外，美國積極參與全球貿易和基礎設施投資進一步鞏固了其地位，使美國公司能夠滿足國內和國際對 PVC 化合物的需求。原材料的取得和完善的供應鏈也支持了美國在這個市場的主導地位。
有關北美聚氯乙烯 (PVC) 化合物市場報告的更多詳細信息，請點擊此處 - https://www.databridgemarketresearch.com/reports/north-america-pvc-compound-market
