PVC Consumption Market to be Worth 48,320.85 Kilo Tons at the Highest CAGR of about 5.34% by 2018 – Report by MarketsandMarkets
(PRWEB) June 01, 2014 -- The report, "Polyvinyl Chloride (PVC) Market by Raw Material (EDC & Acetylene), Polymerization Process, Product, End User Industry (Construction, Automotive, Electrical, Packaging, Footwear), Type of Application, & Geography – Trends and Forecasts to 2018" ,defines and segments the PVC market with the analysis and forecasting of the consumption volume and value.
Browse 88 market data tables and 27 figures spread through 176 pages and in-depth TOC on "PVC Consumption Market".
http://www.marketsandmarkets.com/Market-Reports/polyvinyl-chloride-market-201158187.html
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Asia-Pacific - biggest market of PVC
Asia-Pacific is the major PVC market, accounting for more than 50.00% of the total global demand in 2012. The region is further expected to show a very high growth in the future, mainly due to high growth potential of building and construction industry. In 2012, China was the major consumer of PVC in Asia-Pacific, accounting for more than 65.00% of the total regional consumption. Rigid applications of PVC hold a major share in the Asia-Pacific market, but significant investments in phthalate as well as non-phthalate plasticizers indicate a considerable growth for flexible PVC applications in the region. Indian PVC market is the second biggest in the region and is driven by price competent nature of the country’s market. The PVC demand is expected to show a very high growth rate during the forecasted period.
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Polyvinyl chloride (PVC) is one of the most widely used plastics in the world which is produced by polymerizing vinyl chloride monomers. Various properties of PVC like abrasion resistance, light weight, good mechanical strength, and toughness enable its wide use in construction, automotive, packaging, and electrical industries.
PVC is largely used in pipes, windows, flooring, roofing, inflatable structures, and lighter structures. PVC contributes to the quality, cost-effectiveness, and safety of construction material and is the most widely used polymer used in the building & construction applications. Construction industry is a highly growing segment with remarkable growth trends around the globe, except Europe, due to economic downturns and maturity of manufacturing industry.
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