Resin is a material used for the production of plastics and rubbers and PVC (polyvinyl) resin is used in numerous applications. PVC resin appears in the form of a white powder that is used in the production of thermoplastics. The characteristic of PVC resin is that it can be produced in numerous types that can be used to create a wide variety of items. PVC resins are resistant to degradation and oxidation that is caused due to the atmospheric reaction. PVC flooring and the application of PVC resin in the synthetic leather industry are gaining swift fame by the day.
MARKET DYNAMICS
The PVC resin market is projected to grow in the forecast period owing to the rising demand for the PVC flooring and wall coverings across the globe. The implementation of PVC resin in the automobile industry and its application in synthetic leather has boosted the growth of the PVC resin market. However, the fluctuating availability of raw materials, restrict the growth of the PVC resin market. On the other h and , the application of PVC resin in the agricultural and horticulture industry is likely to showcase growth opportunities for the PVC resin market during the forecast period.
MARKET SCOPE
The "Global PVC Resin Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of PVC resin market with detailed market segmentation by manufacturing process, applications, and geography. The global PVC resin market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading PVC resin market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global PVC resin market is segmented on the basis of manufacturing process and applications. Based on manufacturing process, the market is segmented emulsion method, micro-suspension method, and others. On the basis of applications, the market is segmented as PVC flooring, synthetic leather, wall coverings, automotive sealant, adhesive, molding, industrial gloves, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global PVC resin market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The PVC resin market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting PVC resin market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the PVC resin market in these regions.
MARKET PLAYERS
The reports cover key developments in the PVC resin market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from PVC resin market are anticipated to lucrative growth opportunities in the future with the rising demand for PVC resin in the global market. Below mentioned is the list of few companies engaged in the PVC resin market.
The report also includes the profiles of key PVC resin companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Braskem
- Cires SA
- Gogara International
- Kem One
- LG Chem
- Mexichem S.A.B. De C.V.
- SCG Chemicals Co., Ltd.
- The Sanmar Group
- Tosoh Corporation
- Vinnolit GmbH & Co. KG