CATEGORY

PVC

Polyvinyl Chloride (PVC) is predominantly used in construction industries followed by automobiles and packaging. Globally,naphtha based PVC would remain competitive than carbide based even at increased crude levels due to the high fixed costs involved for a carbide based producer.

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PVC Market Monitoring Dashboard


Price Trend
1390.07
Feb-2023
USD/MT
History Forecast
Supply Demand

Understand the correlation between costs, margins, and prices impacting your category on a real time basis on Beroe LiVE.Ai™

PVC Industry Benchmarks


Savings Achieved

(in %)

The average annual savings achieved in PVC category is 2.70%

Payment Terms

(in days)

The industry average payment terms in PVC category for the current quarter is 62.1 days

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Category Strategy and Flexibility

Engagement Model

Supply Assurance

Sourcing Process

Supplier Type

Pricing Model

Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    PVC Suppliers


    48,230
    Total Suppliers
    2,085
    Diverse Suppliers
    80
    Normalized Supplier Rating
    PVC Supplier

    Find the right-fit pvc supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    BASF SE
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    1
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.


    Creditsafe Rating


    D/2

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    A 71 - 100

    Very Low Risk

    B 51 - 70

    Low Risk

    C 30 - 50

    Moderate Risk

    D 21 - 29

    High Risk

    E 0 - 20

    Not Rated


    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    59

    100
    Robust (1)
    ESG Perfomance (/100)
    Environment
    60
    Social
    59
    Governance
    57
    6 Domains Performance (/100)
    Business behaviour
    62
    Human rights
    68
    Community Environment
    42
    Corporate governance
    60
    Human resources
    61
    Security Scorecard
    82

    Threat indicators
    B
    83
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    D
    62
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    B
    80
    Application Security
    Detecting common website application vulnerbilities
    B
    81
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    B
    85
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    94
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    basf.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    17
    Workforce Health Safety Issues
    0
    Product Service Issues
    22
    Human Rights Issues
    3
    Production Supply Chain Issues
    35
    Environmental Non Compliance Flags
    74
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    21
    Fraud Issues
    8
    Labor Health Safety Flags
    12
    Regulatory Issues
    13
    Workforce Disputes
    6
    Sanctions
    0
    esg energy transition
    49
    Discrimination Workforce Rights Issues
    3
    esg controversies critical severity
    Yes

    PVC market frequently asked questions


    According to market research reports from Beroe, the global demand for the PVC market is expected to grow at a CAGR of 3.8 percent through 2016-2022.

    The global capacity of the PVC market was estimated at 60.54 MMT in 2016.

    Construction and applications in the electrical and electronics segment are anticipated to drive the demand for PVC in the future. Moderate growth is expected to be seen in applications in the consumer segment.

    In the second and third quarters of 2019, there was a one percent increase in the PVC market prices in North America, a six percent decrease in the EU, and a 4 percent decrease in Asia.

    Asia has the largest share in the global PVC market, which is 66 percent, followed by the EU with 14 percent, North America with 13 percent, and others with the rest 7 percent.

    The challenges/opportunities in the global PVC market come from ' ' Developing mercury-free catalyst to reduce environmental issues ' The possibility of exploring more applications in electrical and electronic segments other than wires and tapes

    Shin-Etsu, Westlake, Formosa Plastics, Sinopec, INOVYN are the top global suppliers in the PVC market.

    North America has a high supplier power, while the EU and Asia have medium and low supplier power respectively.

    Direct buying is the preferred engagement model in the global PVC industry.

    There are three types of contract models ' ' Market price contract: The supplier provides the commodity at the market price. ' Fixed contract: The supplier's margin is locked for the contract period. ' Contract revisions: Quarterly contracts are usually preferred.

    From Beroe's industry analysis reports, the global PVC market is expected to grow at a CAGR of 4.7 percent to reach around $46.6 billion by 2022.

    The rise in ethylene prices led to an increase in the PVC price in the U.S. amidst a soft regional demand, balanced supply, and cautious buying sentiments.

    PVC market report transcript


    Global Market Outlook on PVC

    • Global PVC market share is expected to expand at 3.1 percent CAGR during 2020–2024.
    • The construction and electrical and electronics industries will remain key end-users.
    • Application in the consumer segment will grow moderately.
    • PVC demand in medical applications will see a further fall in Western Europe and North America due to safety concerns.

    Supply - Demand Trends and Outlook

    • The demand for PVC is driven by many downstream applications such as synthetic polymers, polymers, chemicals, engineered resins, thermoplastics, standard thermoplastic, PVC plastic, and PVC compound.
    • PVC is largely used in pipes and irrigation, insulation and wires, construction and infrastructure as well as automobile parts.
    • The downstream industry growth and demand drive the demand and prices of PVC.
    • PVC is durable and lightweight, immune to rotting, weathering, chemical abrasion and corrosion, and flexible. It is easy to use as it can be shaped and welded in any form. Such characteristics make PVC a perfect fit for several applications such as windows, pipes, roofing, and flooring.
    • PVC pipes have been commonplace in building and construction activities for over six decades as they provide help in energy saving during manufacturing, cost-effective distribution, and maintenance-free service life. These pipes find immense use in pipeline systems for waste, water, and drainage as they are resistant to scaling, build-up, pitting, or corrosion and offer smooth surfaces, thus curbing energy usage during pumping.
    • Further, PVC flooring offers umpteen benefits such as ease to install and clean, durability, recyclability, and freedom of aesthetic effects.  
    • This section of the report lists the drivers and constraints that govern the PVC market trends as well as the description of each.
    • The report illustrates the market outlook as well as the facts and figures that they are based on.

    Industry Outlook

    • This section of the PVC industry trends assessment first provides the global as well as regional perspective for different regions such as the US, Europe, and Asia.
    • The market maturity and market size of each of the regional PVC markets have been discussed. For importing regions, the major countries that they import from as well as the share of the imports have been detailed. Similarly, exporting countries’ chief export destinations, as well as the export share, have been explained.

    Industry Updates

    • The most significant changes and innovations in the chemicals and PVC market have been listed here.
    • Any innovations or significant changes impacting the PVC market trends are also listed here.

    PVC Supplier Analysis

    This section of the PVC market analysis discusses the suppliers at the global level as well as their capacity share, capacity addition, and the profiles of the leading suppliers worldwide. Moreover, it analyzes the capacity of suppliers on a regional basis.

    Industry Best Practice

    Engagement Models

    • Direct buying is the preferred engagement model in the industry.
    • CPG companies outsource their packaging requirements to their converters, as it helps them focus on their core business.
    • Consortium buying is not a common practice for CPG players in the resin market.
    • Opportunities to tie up with major downstream segments such as construction could be utilized to benefit from discounts for better volume.

    Contract Models

    • Market price contract: The supplier supplies the commodity at market price or benchmark price.
    • Fixed contract: The margin of the supplier is fixed throughout the contract period or fixed price is locked for the contract period.
    • Contract revisions: Quarterly contracts are generally preferred in this industry.

    Global Market Size: PVC

    • The global PVC market is projected to grow at 4.7% CAGR to reach around $46.6 Bn by 2022.
    • The major growth drivers include applications in construction, electrical and electronics, and automobiles.
    • Growth in consumer goods applications is anticipated to remain modest during this period.
    • The global PVC market size was estimated at over $35.3 Bn in 2016, with Asia driving the overall demand.
    • Applications in the electrical and electronics segment in Asia are anticipated to favor high growth rates.
    • Growth in construction and automobile industries in developing regions such as Asia and the Middle-East will augur well for market growth.

     Market Overview

    • Currently, North American ethane-based PVC is the cheapest, followed by naphtha-based PVC in Europe and carbide-based PVC in China. Naphtha-based PVC may not remain competitive than carbide-based at increased crude levels. Carbide-based PVC prices may increase due to the supply shortage in China.
    • The increase from feedstock ethylene prices supported an increase in PVC market price in the U.S. amidst a soft regional demand, balanced supply and cautious buying sentiments.
    • According to PVC price trends, PVC market price decreased marginally by 3.4% in Europe.
    • PVC prices witnessed a decline of 1% during August due to increments from the upstream market, ongoing and upcoming turnarounds across South East Asia.
    • Three out of the top five suppliers are in North America, though Asia holds the majority of the global PVC capacity.
    • China houses the largest electronics manufacturing base and offers fierce competition to the existing upstream manufacturers - Singapore, South Korea, and Taiwan. Electronic products including OLED TVs, smartphones, and tablets,  saw the highest growth in the regional consumer electronics industry.

    Why You Should Buy This Report

    • The market report provides insights and analysis about the global and regional PVC market size, supply-demand trends, market trends, trade dynamics, import-export, and market forecast.
    • The global market outlook section presents the overall global market as well as scrutinizes the supply and demand outlook separately. This is useful as the dynamics and the geographies of the major importers and exporters are different. The market details are also studied regionally. 
    • The research study offers Porter’s five forces analysis of Asia, Europe, and North America and lists out the major industry drivers and constraints.
    • It provides a comprehensive view of the cost structure, pricing analysis, and price trends.
    • Further, the study has discussed the supplier landscape and the SWOT analysis of major players such as Westlake Chemical, Formosa Plastics Corp., and Sinopec, among others.