Europe Polyvinyl Chloride (PVC) Compound Market set to Reach Valuation of USD 18733.35 million with growing CAGR of 3.10

WHAT IS EUROPE POLYVINYL CHLORIDE (PVC) COMPOUND MARKET?

The market for polyvinyl chloride (PVC) compounds in Europe was estimated to be worth USD 14673.92 million in 2021 and is anticipated to grow to USD 18733.35 million by 2029, registering a CAGR of 3.10% over the forecast period of 2022-2029. The Data Bridge Market Research team's thorough expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario are all included in the market study.

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The large-scale Europe Polyvinyl Chloride (PVC) Compound Marketing report provides details about market trends, future prospects, market restraints, leading market drivers, several market segments, key developments, key players in the market, and competitor strategies. This market study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the market has also been included. Additionally, businesses can decide upon the strategies about the product, customer, key player, sales, promotion or marketing by acquiring a detailed analysis of competitive markets.

Market Definition

Polyvinyl chloride (PVC) is basically a commonly used thermoplastic material generally available in various compounded forms to cover a wide range of hardness and flexibility applications. Polyvinyl chloride (PVC) has good physical strength and excellent resistance to water and chemicals. PVC compounding is used to mix resin and other additives into a homogeneous state of processing.

COVID-19 Impact on Polyvinyl Chloride (PVC) Compound Market

The recent outbreak of coronavirus had a negative impact on the polyvinyl chloride (PVC) compound market. The severe disruptions in various manufacturing and supply-chain operations due to the various precautionary lockdowns imposed by governments to curb the spread of disease les to huge financial setbacks for the market. Furthermore, consumer demand has decreased as people are now more focused on removing non-essential expenses from their budgets since the general economic situation of most people has been badly impacted by the outbreak. Over the forecast period, the aforementioned determinants will weigh the market's revenue trajectory over the forecast period.

On the brighter side, the market is estimated to revive as individual regulatory bodies begin to relax these enforced lockdowns. The suspended and cancelled operations will continue and as a result the market is estimated to expand.

Recent Development

In November 2021, GreenVinTM Polyvinyl Chloride (PVC), a lower-carbon alternative PVC, has been launched by Westlake Chemical Corporation's Vinnolit subsidiary in Germany. In the building, medical, and automotive industries, the alternative PVC is one of the most extensively used plastics. GreenVinTM PVC follows the release of GreenVinTM caustic soda earlier this year. The product line is expected to grow in the future to include the Company's hydrogen and vinyl chloride products. Caustic soda is used in the production of a wide range of products, including construction materials, water treatment products, pharmaceuticals, pulp paper, and detergents.

EUROPE POLYVINYL CHLORIDE (PVC) COMPOUND MARKET SEGMENTATION

Product

Rigid Product
Flexible Product

Type

Non-Plasticized PVC
Plasticized PVC

Compound

Dry PVC Compound
Wet PVC Compound

Manufacturing Process

Injection Molding
Extrusion
Others

Application

Pipe and Fitting
Profiles and Tubes
Wire and Cable
Film and Sheet
Others

Raw Material

PVC Resin
Plasticizers
Stabilizers
Lubricants
Fillers
Functional Additives
Alloying Polymers

End User

Medical
Building and Construction
Packaging, Automotive
Consumer Goods
Electrical and Electronics
Others

KEY POINTERS COVERED IN THE EUROPE POLYVINYL CHLORIDE (PVC) COMPOUND MARKET INDUSTRY TRENDS AND FORECAST TO 2028

Market Size
Market New Sales Volumes
Market Replacement Sales Volumes
Market Installed Base
Market By Brands
Market Procedure Volumes
Market Product Price Analysis
Market Cost of Care Analysis
Market Shares in Different Regions
Recent Developments for Market Competitors
Market Upcoming Applications
Market Innovators Study

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EUROPE POLYVINYL CHLORIDE (PVC) COMPOUND MARKET COUNTRY LEVEL ANALYSIS

The countries covered in the Europe Polyvinyl Chloride (PVC) Compound Market report are
U.S.
Canada and Mexico in North America
Germany
France
U.K.
Netherlands
Switzerland
Belgium
Russia
Italy
Spain
Turkey
Rest of Europe in Europe
China
Japan
India
South Korea
Singapore
Malaysia
Australia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)
Saudi Arabia
U.A.E
Israel
Egypt
South Africa
Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
Brazil
Argentina

BASIC QUESTIONS ASKED

Which product and application will rule Europe Polyvinyl Chloride (PVC) Compound Market?
What market dynamics are influencing and restricting the market for Europe Polyvinyl Chloride (PVC) Compound Market?
Which regional market will expand the fastest?
Which region is expected to hold the greatest market share in the Europe Polyvinyl Chloride (PVC) Compound Market?
How will patterns, roadblocks, and trends affect the global Europe Polyvinyl Chloride (PVC) Compound Market’s expansion and size?

KEY MARKET COMPETITORS COVERED IN THE REPORT

The Lubrizol Corporation (U.S.)
Clariant (Switzerland)
Avient Corporation (U.S.)
LG Chem (South Korea)
BASF SE (Germany)
3M (U.S.)
Dow (U.S.)
DuPont (U.S.)
LSB INDUSTRIES (U.S.)
Sika AG (Switzerland)
Innospec (U.S.)
ADEKA CORPORATION (Japan)
Dorf Ketal Chemicals (I) Pvt. Ltd. (U.S.)
PMC Specialties Group (U.S.)
Chemplast Sanmar Limited (India)
Westlake Chemical Corporation (U.S.)
Mitsubishi Chemical Corporation (Japan)
SABIC (Saudi Arabia)
Afton Chemical (U.S.)
LANXESS (Germany)
Mayzo, Inc. (U.S.)
Solvay (Belgium)
Akzo Nobel N.V. (Netherlands)
Arkema (France)
Eastman Chemical Company (U.S.)

MAJOR TOC OF THE REPORT

Introduction
Research Methodologies
Executive Summaries
Premium Insights
Market Overview
Europe Polyvinyl Chloride (PVC) Compound Market, by Technology
Europe Polyvinyl Chloride (PVC) Compound Market, by Application
Europe Polyvinyl Chloride (PVC) Compound Market, by Type
Europe Polyvinyl Chloride (PVC) Compound Market, by Vehicle Type
Europe Polyvinyl Chloride (PVC) Compound Market, by Technology
Europe Polyvinyl Chloride (PVC) Compound Market, by Application
Europe Polyvinyl Chloride (PVC) Compound Market, by Position
Europe Polyvinyl Chloride (PVC) Compound Market, by Region
Competitive Landscape
Company Profiles
Analyst's Recommendations
Appendix

Get TOC Details- https://www.databridgemarketresearch.com/toc/?dbmr=europe-pvc-compound-market

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