What is PVC Compounds Market Scope?
Polyvinyl chloride (PVC) is a petroleum derivative and is obtained from naphtha and is a result of the polymerization of vinyl chloride. Hence these compound are made or based on the consumption of numbers of polymers and additives which are given to make a formation to the end-users. These compounds are made by mixing two ingredients together under the influence of heat. It can be in two forms dry and liquid depending upon the type of PVC additives used. Hence the increasing application of PVC is driving the market.
The PVC Compounds market study is being classified by Type (Dry PVC Compound and Wet PVC Compound), by Application (Pipe & Fitting, Profiles & Tubes, Wire & Cable, Film & Sheet and Other) and major geographies with country level break-up.
Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global PVC Compounds market throughout the predicted period.
Westlake Chemical (United States), Aurora Plastics (United States), Benvic Europe (France), INEOS Compounds (Sweden), Teknor Apex (United States), Flex Technologies (United States), Roscom (United States), EMPOL/IFFCO (United Arab Emirates), Cary Compound (United States) and S&E Specialty Polymers (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Sylvin Technologies (United States), Konnark Polymer (India), Mazda Plastic (Singapore), Thevinyl (Sweden) and ACTEGA (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global PVC Compounds market by Type, Application and Region.
On the basis of geography, the market of PVC Compounds 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).
Influencing Market Trend
- Adoption of Molecular Orientation Technology in PVC Compounds for Different Applications
Market Drivers
- Increased Use of Plastics Vinyl Chloride Compound in Several Applications
- Increasing Disposable Income and Rapid Urbanization in Developing Countries
Opportunities
- Growth in Building and Construction Activities and Increasing Demand for Consumer Electronics
- Increasing Demand for Food Packaging Industry is also Boosting the Industry
Restraints
- Stringent Governmental Regulations Governing the Use of Plastic
Challenges
- Issue Related Towards Exposure to PVC which Often Exposure to Phthalates and Chlorine
Key Target Audience
Potential Investors, Government Bodies and Associations, Up and Down Stream Vendors, Private Research Organizations, Suppliers and Distributors and Others
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