Market Size of Bio-Based Polyvinyl Chloride Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 4.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Bio-based Polyvinyl Chloride Market Analysis
The market for bio-based polyvinyl chloride (PVC) is expected to grow at a CAGR of over 4% during the forecast period. The major factor driving the growth of the bio-based polyvinyl chloride market is the strict government guidelines due to increasing environmental safety and protection concerns. On the other side, the unfavorable situation emerging because of the abrupt outbreak of COVID-19 is foreseen to thwart the growth of the market studied.
- Building & construction industry is anticipated to dominate the bio-based PVC market during the forecast timeframe.
- Asia-Pacific is expected to be the largest market due to the large-scale consumption of bio-based polyvinyl chloride products in various end-user industries in the region.
