PVC
Market, Supplier, Risk and
Competitive Intelligence

Industry Outlook & Drivers

Global Market Outlook on PVC

• Global demand is expected to grow at a 3.1 percent CAGR during 2020–2024.
• Construction and applications in the electrical and electronics segment are expected to drive the demand in the upcoming year.
• Applications in the consumer segment are expected to witness moderate growth.
• PVC demand in medical applications would most likely witness 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.
• 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 and forecasts as well as the facts and figures that they are based on are given.

Industry Outlook

• This section of the report first gives the global perspective of the industry outlook. It then analyses the outlook for the different countries/geographic regions such as the US, Europe, and Asia.
• The market maturity and PVC market size of each of the regional markets are given. For importing regions, the main countries that they import from along with the share of the imports are illustrated. Similarly exporting countries’ chief export destinations as well as the export share are given.

Industry Updates

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

PVC Supplier Analysis

This section of the report studies the suppliers in the global PVC market and their capacity share, capacity addition, and the profiles of the leading global suppliers. It also details 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, since it helps them to 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, like construction, could be utilized to be benefited 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 forecasted to grow at a CAGR of 4.7 percent to reach around $46.6 billion by 2022.
• The major growth drivers include applications in the construction, electrical and electronics segment, etc.
• Growth in consumer goods applications is anticipated to remain modest during this period.
• The global PVC market size was estimated at over $35.3 billion 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, like Asia and the Middle-East, would most likely add to the positive effect.

 Market Overview

• Currently, North American ethane-based PVC is observed to be 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 trend, PVC market price decreased marginally by 3.4 per cent in the European PVC market.

• PVC prices portray a decline of 1.0 per cent during August. Increases from 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.

Why You Should Buy This Report

• The PVC industry report gives information and a PVC market analysis about the regional and global PVC market size, supply-demand trends, PVC (Polyvinyl chloride) market trends, trade dynamics, import-export, market forecast, etc.
• The global market outlook section details the overall global market and also studies the global supply market outlook and the global demand market outlook separately. This is useful as the dynamics and the geographies of the main importers and major exporters are different. The market details are also studied regionally. 
• It gives Porter’s five forces analysis of Asia, Europe, and North America and lists out the major industry drivers and constraints.
• The PVC market report does a cost structure and pricing analysis and gives the PVC price trend, etc.
• It gives an overview of the supplier landscape and the SWOT analysis of major players like Westlake Chemical, Formosa Plastics Corp., Sinopec, etc.