About Paste PVC Resin
PVC is polyvinyl chloride. Resin is a material which is used for the production of plastics and rubbers. PVC resin paste is commonly used with additives by coating, dipping, slush molding and other methods. It is produced by the emulsion method or micro suspension method. It has a wide variety of applications in the various industries thus demand is increasing. Paste PVC resin is easy to configure and control so it is widely used in leather, vinyl toys, soft trademarks etc. It is widely available and can be easily recyclable.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that Japanese Vendors will contribute the maximum growth to Global Paste PVC Resin market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Shin-Etsu Chemical Company (Japan), Mitsui Chemicals, Inc. (Japan), Xinjiang Zhongtai Chemical Co., Ltd. (China), SCG Chemicals (Thailand), Redox Pty Ltd (Australia), LG Chem (South Korea), Thai Plastic and Chemicals (Thailand), The Sanmar Group (India), Mexichem S.A.B. de C.V (Mexico) and Vinnolit GmbH & Co. KG (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Tosoh Corporation (Japan), Hanwha Group (South Korea) and Tianye Group (China).
Segmentation Overview
AMA Research has segmented the market of Global Paste PVC Resin market by Type (High K Value Grade, Medium K Value Grade, Low K Value Grade and Vinyl Acetate Copolymer Grade), Application (Automotive Sealant, Wall Paper, Synthetic Leather, Adhesive and Others) and Region.
On the basis of geography, the market of Paste PVC Resin has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Method, the sub-segment i.e. Micro Suspension Method will boost the Paste PVC Resin market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Trend of Improved and Innovative Products
Market Growth Drivers:
Relatively Low Price and Resistance to Environmental Degradation, Increased Consumption of Paste PVC Resin Worldwide and Demand from Construction and Automotive Industry
Challenges:
Fluctuations in the Raw Material Prices
Restraints:
Very Poor Heat Stability and Toxic in Nature
Opportunities:
Rapid Urbanization in the Developing Countries and Increased Use as a Substitute for Metal
On 13th November 2017, Mitsui Chemicals Inc. joined announced that it plans to acquire Asahi Kasei Corp.’s business for SUNVIEO thermoplastic styrene elastomer (TPS) on Dec. 1, 2017. Mitsui Chemicals also expects that it will be able to use the acquired technology to further differentiate its existing MILASTOMER™ lineup from the competition.
Key Target Audience
Paste PVC Resin Manufacturers, Distributors, Raw Material Suppliers/ Buyers, Government Body & Associations and End-user
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.