Europe Polyvinyl Chloride (PVC) Compound Market to Register Promising Growth of USD 18733.35 million in 2029: Size, Shar

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.

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

To Gain More Insights about this Research, Visit @ https://www.databridgemarketresearch.com/reports/europe-pvc-compound-market

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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