PVC Market
Regions Covered
USA
SEA
Europe
LATAM
Regions Covered
USA
SEA
Europe
LATAM
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 construction, electrical & electronics segment, etc. Asia is the largest consumer of PVC, accounting for about 58 percent of the total demand, followed by Europe accounting for about 17 percent. Asia holds majority of the capacity (48 percent), followed by North America (13 percent). Ethane and naphtha-based production in North America and Europe are expected to remain cost competitive compared to carbide-based method. Currently, the PVC market faces uncertainties in buying activities due to the ongoing US-china trade issue. Though in the recent revised list, PVC has been excluded by China from tariffs, the intermediate EDC from US is still included in the tradeoff between US and China. The European market currently has been facing the increase of US imports into the region at competitive prices leading to increase in supply levels.
Beroe gathers intelligence through primary sources that include industry experts, researchers and consultants, as well as current suppliers, producers and distributors. Secondary sources can include subscriptions, business journals, newsletters, magazines, market research data, company sources and industry associations. Following data collation, analysis and strategic review, the final report is published.
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