Asia-Pacific Polyvinyl Chloride (PVC) Market Size

Statistics for the 2023 & 2024 Asia-Pacific Polyvinyl Chloride (PVC) market size, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Polyvinyl Chloride (PVC) size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Asia-Pacific Polyvinyl Chloride (PVC) Industry

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APAC Polyvinyl Chloride Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR > 4.50 %
Market Concentration Low

Major Players

APAC Polyvinyl Chloride Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Asia-Pacific Polyvinyl Chloride (PVC) Market Analysis

The Asia-Pacific polyvinyl chloride (PVC) market is projected to register a CAGR of more than 4.5% during the forecast period.

  • COVID-19 negatively impacted the market in 2020. However, the market reached pre-pandemic levels in 2022 and is expected to grow steadily in the future.
  • The accelerating usage of electric vehicles and growing demand from the construction industry is expected to fuel the market's growth. However, hazardous impacts on humans and the environment during PVC production, usage, and disposal are projected to hinder the market's growth.
  • The rising PVC recycling processes shall create opportunities in the market. The demand for PVC pipes and fittings is driven by increasing demand from developing countries such as India, China, Indonesia, etc.

Asia-Pacific Polyvinyl Chloride Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)