Market Research Future Published a Research Study on the Polyvinyl Chloride Market Research Report – Global Forecast till 2025
August 2019 – Baton Rouge plastics is all set to expand its polyvinyl chloride resin production.
May 2019 – Texas-based MCM Plastics announced is a plan of investing USD 2.7 Mn for the expansion of its production facility for plastics in Holden, Louisiana. The facility screens, dries, and pulverizes polyvinyl chloride (PVC) resin for manufacturing PVC-based products such as pipes.
May 2019 – A developer and distributer of extrusion and converting technology, Davis-Standard (Suzhou) Plastics Packaging Machinery, has expanded its manufacturing capabilities with the inauguration of a new 35,000 square-foot facility. The location also houses a research and development facility for testing a range of flexible as well as rigid products including flexible polyvinyl chloride tubing for fluid and intravenous delivery.
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Polyvinyl Chloride Market Synopsis:
The molecular structure of polyvinyl chloride makes it conveniently resistant to oxidative reactions which can elongate its lifespan over several years. Also, its superior fire retarding properties are poised to favor the rise in the growth curve of the Polyvinyl market. Market Research Future (MRFR)’s report has asserted that the global polyvinyl chloride market is projected to expand at a moderate CAGR across the forecast period 2018 to 2025.some of the advantageous features of PVC expected to catalyze market growth are flexibility, impact resistance, elasticity, anti-fouling, anti-mist and prevention of microbial growth.
The booming revenue generation in construction and automotive industries are poised to fuel demand for PVC pipes in the years to come. Polyvinyl chloride has paved its way across these industries and is likely to benefit from its growth over the assessment period. The increasing construction activities in developing nati9onms are majorly responsible for the proliferation of the polyvinyl chloride market. It is anticipated to signify similar growth opportunities over the next couple of years.
Industrialization and urbanization have emerged as the primary factors responsible for the expansion of the polyvinyl chloride market. It is poised to maintain its prominence in the growth pattern of the market in the foreseeable future. On the flip side, the use of toxic organic chemicals such as phthalates in the production of PVC is forecasted to undermine the expansion of the polyvinyl chloride market. Many governments have imposed a ban on its use which is likely to check market growth in the years to come.
Polyvinyl Chloride Market Key Players:
This MRFR report offers an exhaustive market share analysis of the key players. Some of the important players included are Formosa Plastics Corporation (Taiwan), Ineos Group Limited (U.K), Shin-Etsu Chemical Co., Ltd. (Japan), Occidental Petroleum Corporation (U.S.), Mexichem, S.A.B. de C.V. (Mexico), Axiall Corporation (U.S.), Kem One SAS (France), Xinjiang Zhongtai Chemical Co., Ltd. (China), Vinnolit GmbH & Co. KG (Germany), and E. I. du Pont de Nemours and Company (U.S.)
Polyvinyl Chloride Market Regional Analysis:
The five major regions assessed for the geographical study of the global polyvinyl chloride market are Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa (MEA). Asia Pacific is expected to hold its forefront position in the global marketplace through the projection period. The growth of the polyvinyl chloride market in the region is primarily driven by rapid industrialization and urbanization. The growing investments in the construction sector are anticipated to boost the growth pace of the regional market. Also, an upswing in demand for automobiles is being observed in the region which is likely to favor the proliferation of polyvinyl chloride market over the next couple of years.
Led by the U.S., polyvinyl chloride market in North America has been forecasted to grow substantially during the forecast period. The regional market is presumed to exhibit increased consumption on account of the efforts directed towards the revamp of the construction sector.
Polyvinyl Chloride Market Table Of Contents to be Continue……,
Browse key industry insights spread across 140 pages with 35 market data tables & 10 figures & charts from the report, “Global Polyvinyl Chloride Market: Information by Type (Flexible and Rigid), Application (Pipes & Fittings, Films & Sheets, Profiles & Tubes, Cables, Bottles and Others), End Use (Construction, Automotive, Packaging, Consumer Goods and Others) and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast, 2025” in detail along with the table of contents @ https://www.marketresearchfuture.com/reports/polyvinyl-chloride-market-1043
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