COVID19: PVC ADDITIVES MARKET TO REACH USD 5.2 BILLION BY 2027 | CAGR 4.5% — FORENCIS RESEARCH

  • According to the new market research report “PVC Additives Market by Type (Stabilizers, Impact Modifier, Plasticizers, Phthalates, Lubricants), by Fabrication Process (Extrusion, Injection Molding), by Application (Pipes & Fittings, Profile & Tubing, Rigid Sheet & Panel, Wires & Cables, Bottles), by Region (North America, Asia Pacific, Europe, Middle East & Africa, South America) — Global Forecast (2020 to 2027)”, the global PVC Additives market is estimated to reach USD 5.2 Billion by 2027 at a CAGR of around 4.5% during the review period.
  • Polyvinyl chloride (PVC) is a versatile and resource-efficient thermoplastic with the widest range of applications of the plastics family making it useful in several industries
  • PVC is one of the most popular plastics used in building and construction. It is used in drinking water and wastewater pipes, window frames, flooring and roofing foils, wall coverings, cables and many other applications as it provides a modern alternative to traditional materials such as wood, metal, rubber and glass.
  • The European Council of Vinyl Manufacturers (ECVM) estimates that around 150kg of plastics are used within an average vehicle.
  • PVC is replacing the conventional material in all the end-use industries due to its superior properties, which is likely to drive the global PVC additives market
  • the increasing investment in the construction sector, growing medical and automotive sector has expected to drive the global PVC additives market during the forecasted period.
  • However low R&D expenditure in the emerging markets a major restraining factor for the growth of the PVC Additives market
  • Asia-Pacific
  • Europe
  • BASF SE.:
  • Arkema SA:

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