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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Polyvinyl Chloride Resin Market: By Product Type, By Stabilizer, Lead-based Stabilizers, Tin and Organotin-Based and Barium Based and Others ), By Application, By End User and Region Forecast 2020-2031
Polyvinyl Chloride (PVC) Resin Market size was valued at US$ 46.31 million in 2024 and is expected to reach US$ 60.53 million by 2031, growing at a significant CAGR of 3.9% from 2025-2031. PVC Polymers have properties such as inflammability, oil & chemicals resistant, strength, ease of handling & molding and rigidity thus these materials are widely utilized in the various construction fields and various end users. Increasing technological advancement boosts the growth of the market. However, High cost of raw materials, lack of trained professional to operate the polyvinyl chloride (PVC) resin devices and difficulty in finding suitable polyvinyl chloride (PVC) resin are the major factors that hinder the growth of the market. After polyethylene and polypropylene, PVC is the most widely used thermoplastic. Products made from PVC resins have a high impact strength and stiffness.
These items are non-flammable, sturdy, chemically resistant, and stable at ambient temperatures. PVC end user goods are used in construction, food, pharmaceutical, chemical, and a variety of other industries because of these outstanding characteristics. PVC resins are also used in the consumer goods and furniture industries, where they are used to make raincoats, shoe soles, conveyor belting, and other home items. PVC pipes are utilised in a variety of industries, particularly in the manufacture of water pipes; as a result, PVC pipe production is an important duty for this business, which will continue to grow in the coming years. Growing infrastructure around the world, an ageing population in need of medical equipment, and increased use of consumer goods are all important factors influencing the growth of the PVC resins market.
Study Period
2025-2031Base Year
2024CAGR
3.9%Largest Market
North-AmericaFastest Growing Market
Europe
In the recent years, Due to rapid urbanizations increase in the growth of constructions such as industrial and residential buildings PVC products are installed in various constructions for piping, tubing and others. PVC resin are also necessary in various electrical appliances as they provide insulation and increase the durability. Additionally, in automobile and aerospace sectors rise in the utility of these products to reduce the weight hence enhancing performance and fuel efficiency. In food & beverage and medical sector rise the usage of the polyvinyl chloride (PVC) resin as they are chemically inert and physically strong.
Report Benchmarks |
Details |
Report Study Period |
2025-2031 |
Market Size in 2024 |
US$ 46.31 million |
Market Size in 2031 |
US$ 60.53 million |
Market CAGR |
3.9% |
By Product Type |
|
By Stabilizer Type |
|
By Application |
|
By End User |
|
By Region |
|
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The polyvinyl chloride (PVC) resin market size was valued at US$ 46.31 million in 2024 and is projected to grow at a significant CAGR of 3.9% from 2025-2031.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
The market key players are: BASF SE, Westlake Chemical Corporation, China National Chemical Corporation (ChemChina), SABIC, Formosa Plastics Corporation, Xinjiang Zhongtai Chemical Co. Ltd, INOVYN, LG Chem, Kem One SAS, Occidental Petroleum Corporation, Orbia, The Lubrizol Corporation, Shin-Etsu Chemical Co. Ltd.
1.Executive Summary |
2.Global Polyvinyl Chloride (PVC) Resin Market Introduction |
2.1.Global Polyvinyl Chloride (PVC) Resin Market - Taxonomy |
2.2.Global Polyvinyl Chloride (PVC) Resin Market - Definitions |
2.2.1.Type |
2.2.2.Application |
2.2.3.Region |
3.Global Polyvinyl Chloride (PVC) Resin Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Polyvinyl Chloride (PVC) Resin Market Analysis, 2020 - 2024 and Forecast 2025 - 2031 |
4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Polyvinyl Chloride (PVC) Resin Market By Type , 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
5.1. Rigid PVC |
5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Flexible PVC |
5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Low-smoke PVC |
5.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Chlorinated PVC |
5.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
6.Global Polyvinyl Chloride (PVC) Resin Market By Application, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
6.1. Calcium-based Stabilizers (Ca-Zn Stabilizers) |
6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Lead-based Stabilizers (Pb Stabilizers) |
6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Tin and Organotin-based (Sn Stabilizers) |
6.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Barium Based and Others (Liquid Mixed Metals) |
6.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.3. Wire & Cables |
6.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Bottles |
6.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Profiles, Hoses & Tubing |
6.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Other Applications |
6.6.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
6.3. Electrical & Electronics |
6.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Packaging |
6.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Footwear |
6.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Healthcare |
6.6.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
6.7. Other End-user Industries |
6.7.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.7.3. Market Opportunity Analysis |
7.Global Polyvinyl Chloride (PVC) Resin Market By Region, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
7.1. North America |
7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia Pacific (APAC) |
7.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Middle East and Africa (MEA) |
7.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Latin America |
7.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8.North America Polyvinyl Chloride (PVC) Resin Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
8.1. Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.1.1.Rigid PVC |
8.1.2.Flexible PVC |
8.1.3.Low-smoke PVC |
8.1.4.Chlorinated PVC |
8.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.2.1.Calcium-based Stabilizers (Ca-Zn Stabilizers) |
8.2.2.Lead-based Stabilizers (Pb Stabilizers) |
8.2.3.Tin and Organotin-based (Sn Stabilizers) |
8.2.4.Barium Based and Others (Liquid Mixed Metals) |
8.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.3.1.United States of America (USA) |
8.3.2.Canada |
9.Europe Polyvinyl Chloride (PVC) Resin Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
9.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Rigid PVC |
9.1.2.Flexible PVC |
9.1.3.Low-smoke PVC |
9.1.4.Chlorinated PVC |
9.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Calcium-based Stabilizers (Ca-Zn Stabilizers) |
9.2.2.Lead-based Stabilizers (Pb Stabilizers) |
9.2.3.Tin and Organotin-based (Sn Stabilizers) |
9.2.4.Barium Based and Others (Liquid Mixed Metals) |
9.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Germany |
9.3.2.France |
9.3.3.Italy |
9.3.4.United Kingdom (UK) |
9.3.5.Spain |
10.Asia Pacific (APAC) Polyvinyl Chloride (PVC) Resin Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Rigid PVC |
10.1.2.Flexible PVC |
10.1.3.Low-smoke PVC |
10.1.4.Chlorinated PVC |
10.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Calcium-based Stabilizers (Ca-Zn Stabilizers) |
10.2.2.Lead-based Stabilizers (Pb Stabilizers) |
10.2.3.Tin and Organotin-based (Sn Stabilizers) |
10.2.4.Barium Based and Others (Liquid Mixed Metals) |
10.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.China |
10.3.2.India |
10.3.3.Australia and New Zealand (ANZ) |
10.3.4.Japan |
10.3.5.Rest of APAC |
11.Middle East and Africa (MEA) Polyvinyl Chloride (PVC) Resin Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Rigid PVC |
11.1.2.Flexible PVC |
11.1.3.Low-smoke PVC |
11.1.4.Chlorinated PVC |
11.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Calcium-based Stabilizers (Ca-Zn Stabilizers) |
11.2.2.Lead-based Stabilizers (Pb Stabilizers) |
11.2.3.Tin and Organotin-based (Sn Stabilizers) |
11.2.4.Barium Based and Others (Liquid Mixed Metals) |
11.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.GCC Countries |
11.3.2.South Africa |
11.3.3.Rest of MEA |
12.Latin America Polyvinyl Chloride (PVC) Resin Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Rigid PVC |
12.1.2.Flexible PVC |
12.1.3.Low-smoke PVC |
12.1.4.Chlorinated PVC |
12.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Calcium-based Stabilizers (Ca-Zn Stabilizers) |
12.2.2.Lead-based Stabilizers (Pb Stabilizers) |
12.2.3.Tin and Organotin-based (Sn Stabilizers) |
12.2.4.Barium Based and Others (Liquid Mixed Metals) |
12.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Brazil |
12.3.2.Mexico |
12.3.3.Rest of LA |
13. Competition Landscape |
13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
13.2.1.BASF SE |
13.2.2.Westlake Chemical Corporation |
13.2.3.China National Chemical Corporation (ChemChina) |
13.2.4.SABIC |
13.2.5.Formosa Plastics Corporation |
13.2.6.Xinjiang Zhongtai Chemical Co. Ltd |
13.2.7.INOVYN |
13.2.8.LG Chem |
13.2.9.Kem One SAS |
13.2.10.Occidental Petroleum Corporation |
13.2.11.Orbia |
13.2.12.The Lubrizol Corporation |
13.2.13.Shin-Etsu Chemical Co. Ltd. |
14. Research Methodology |
15. Appendix and Abbreviations |
Key Market Players