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PVC Resins for Foaming Market: By Type By Technique By Application and Region Forecast 2020-2031
PVC Resins for Foaming Market: By Type By Technique By Application and Region Forecast 2020-2031
Pvc Resins For Foaming Market size was valued at US$ 3.0 billion in 2024 and is expected to reach US$ 4.0 billion by 2031, growing at a significant CAGR of 4.2% from 2025-2031. High strength and stiffness-to-weight ratio, resistance to solvents and most chemicals, good fatigue properties, and thermal insulation act as the drivers towards global PVC resins for the foaming market. A few factors are acting as restraints which include very poor heat stability and emission of toxic fumes when melted and/or subject to a fire. Intense opportunity is provided by the construction and engineering of chemical tanks, window frames, and door frames which boost the global PVC resins foaming market. The report studies market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market.
Study Period
2025-2031Base Year
2024CAGR
4.2%Largest Market
North-AmericaFastest Growing Market
Asia-Pacific
It is noticed that the global PVC resins for foaming market has a significant market growth rate on the perspective of increase demand for sports equipment’s. Application include protective padding, helmet liners, mats, swimming aids, back protectors, footwear, special PVC foam for midsoles and insoles for trainers and football boots. Moreover, surge in the adoption of PVC resins for construction industry and automotive industry also propel the growth of market over the forecast timeframe.
Asia Pacific contributed major revenue growth followed by North America and Europe and. In 2021, Asia Pacific region accounted huge growth rate and is anticipated to grow with a forecast year with the help of significant market players and increase in demand of the population around that region. These resins are less dependent on non-renewable energy, such as crude oil or natural gas, and other polymeric plastics such as PE, PP, PET and PS, and less dependent on petroleum or gas energy which make North America and Europe key market players.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2025-2031 |
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Market Size in 2024 |
US$ 3.0 billion |
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Market Size in 2031 |
US$ 4.0 billion |
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Market CAGR |
4.2% |
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By Type |
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By Technique |
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By Application |
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By Region |
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The pvc resins for foaming market size was valued at US$ 3.0 billion in 2024 and is expected to reach US$ 4.0 billion by 2031, growing at a significant CAGR of 4.2% from 2025-2031.
Shenma, Solvay S.A., Sekisui, Braskem S.A., The Sanmar Group, Ineos Chlorvinyls
Asia Pacific is the fastest-growing region in the market
| 1. Executive Summary |
| 2. Global PVC Resins for Foaming Market Introduction |
| 2.1. Global PVC Resins for Foaming Market Taxonomy |
| 2.2. Global PVC Resins for Foaming Market Definitions |
| 2.2.1. By Product Type |
| 2.2.2. By Technique |
| 2.2.3. By Application |
| 3. Global PVC Resins for Foaming Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global PVC Resins for Foaming Market Dynamic Factors - Impact Analysis |
| 3.6. Global PVC Resins for Foaming Market Competition Landscape |
| 4. Global PVC Resins for Foaming Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 |
| 4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global PVC Resins for Foaming Market, By Product Type, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 5.1. Sheet |
| 5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Siding |
| 5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Decking |
| 5.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Flooring |
| 5.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Wall-covering |
| 5.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Others |
| 5.6.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 6. Global PVC Resins for Foaming Market, By Technique, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 6.1. Rigid PVC |
| 6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Flexible PVC |
| 6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7. Global PVC Resins for Foaming Market Forecast, By Application, 2020 - 2024 and Forecast, 2025 - 2031 |
| 7.1. Building & Construction |
| 7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Automotive |
| 7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Packaging |
| 7.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Consumer Goods |
| 7.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Electrical |
| 7.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Others |
| 7.6.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 8. Global PVC Resins for Foaming Market Forecast, By Region, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global PVC Resins for Foaming Market - Opportunity Analysis Index, By Product Type, By Technique, By Application, and Region, 2024 - 2030 |
| 9. North America PVC Resins for Foaming Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 9.1. Product Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Sheet |
| 9.1.2. Siding |
| 9.1.3. Decking |
| 9.1.4. Flooring |
| 9.1.5. Wall-covering |
| 9.1.6. Others |
| 9.2. Technique Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1. Rigid PVC |
| 9.2.2. Flexible PVC |
| 9.3. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Building & Construction |
| 9.3.2. Automotive |
| 9.3.3. Packaging |
| 9.3.4. Consumer Goods |
| 9.3.5. Electrical |
| 9.3.6. Others |
| 9.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America PVC Resins for Foaming Market - Opportunity Analysis Index, By Product Type, By Technique, By Application, and Country, 2024 - 2030 |
| 9.6. North America PVC Resins for Foaming Market Dynamics Trends |
| 10. Europe PVC Resins for Foaming Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 10.1. Product Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Sheet |
| 10.1.2. Siding |
| 10.1.3. Decking |
| 10.1.4. Flooring |
| 10.1.5. Wall-covering |
| 10.1.6. Others |
| 10.2. Technique Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1. Rigid PVC |
| 10.2.2. Flexible PVC |
| 10.3. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Building & Construction |
| 10.3.2. Automotive |
| 10.3.3. Packaging |
| 10.3.4. Consumer Goods |
| 10.3.5. Electrical |
| 10.3.6. Others |
| 10.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Poland |
| 10.4.8. Rest of Europe |
| 10.5. Europe PVC Resins for Foaming Market - Opportunity Analysis Index, By Product Type, By Technique, By Application, and Country, 2024 - 2030 |
| 10.6. Europe PVC Resins for Foaming Market Dynamics Trends |
| 11. Asia-Pacific PVC Resins for Foaming Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 11.1. Product Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Sheet |
| 11.1.2. Siding |
| 11.1.3. Decking |
| 11.1.4. Flooring |
| 11.1.5. Wall-covering |
| 11.1.6. Others |
| 11.2. Technique Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1. Rigid PVC |
| 11.2.2. Flexible PVC |
| 11.3. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Building & Construction |
| 11.3.2. Automotive |
| 11.3.3. Packaging |
| 11.3.4. Consumer Goods |
| 11.3.5. Electrical |
| 11.3.6. Others |
| 11.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. Japan |
| 11.4.2. China |
| 11.4.3. India |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific PVC Resins for Foaming Market - Opportunity Analysis Index, By Product Type, By Technique, By Application, and Country, 2024 - 2030 |
| 11.6. Asia-Pacific PVC Resins for Foaming Market Dynamics Trends |
| 12. Latin America PVC Resins for Foaming Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 12.1. Product Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Sheet |
| 12.1.2. Siding |
| 12.1.3. Decking |
| 12.1.4. Flooring |
| 12.1.5. Wall-covering |
| 12.1.6. Others |
| 12.2. Technique Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1. Rigid PVC |
| 12.2.2. Flexible PVC |
| 12.3. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Building & Construction |
| 12.3.2. Automotive |
| 12.3.3. Packaging |
| 12.3.4. Consumer Goods |
| 12.3.5. Electrical |
| 12.3.6. Others |
| 12.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Argentina |
| 12.4.4. Rest of Latin America |
| 12.5. Latin America PVC Resins for Foaming Market - Opportunity Analysis Index, By Product Type, By Technique, By Application, and Country, 2024 - 2030 |
| 12.6. Latin America PVC Resins for Foaming Market Dynamics Trends |
| 13. Middle East and Africa PVC Resins for Foaming Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 13.1. Product Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Sheet |
| 13.1.2. Siding |
| 13.1.3. Decking |
| 13.1.4. Flooring |
| 13.1.5. Wall-covering |
| 13.1.6. Others |
| 13.2. Technique Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1. Rigid PVC |
| 13.2.2. Flexible PVC |
| 13.3. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.3.1. Building & Construction |
| 13.3.2. Automotive |
| 13.3.3. Packaging |
| 13.3.4. Consumer Goods |
| 13.3.5. Electrical |
| 13.3.6. Others |
| 13.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. Israel |
| 13.4.3. South Africa |
| 13.4.4. Rest of MEA |
| 13.5. MEA PVC Resins for Foaming Market - Opportunity Analysis Index, By Product Type, By Technique, By Application, and Country, 2024 - 2030 |
| 13.6. MEA PVC Resins for Foaming Market Dynamics Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Application & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. Shenma |
| 14.2.2. Solvay S.A. |
| 14.2.3. Sekisui |
| 14.2.4. Braskem S.A. |
| 14.2.5. The Sanmar Group |
| 14.2.6. Ineos Chlorvinyls |
| 14.2.7. KEM one |
| 14.2.8. LG Chem |
| 14.2.9. Mexichem S.A.B. |
| 14.2.10. Occidental |
| 14.2.11. Shintech |
| 14.2.12. Haohua Yuhang |
| 14.2.13. Elion Chem |
| 14.2.14. Hanwha Chemical |
| 14.2.15. Finolex Industries |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.