PVC market for construction
PVC (Polyvinyl Chloride) is one the most widely used plastics. It is produced by polymerisation of the monomer vinyl chloride and is lightweight, has good mechanical strength, abrasion resistance, and toughness. It is used in construction, packaging, and the automotive and electrical industries.
The global PVC market has accelerated as a result of significant growth in the building and construction segments in the Asia Pacific and Latin America, as well as huge growth in the automotive industry, emerging demand of plastic film and sheets, and rising demand from the packaging industry. However, the growth in 'green' buildings is expected to have an adverse impact on the market.
The global PVC market was valued at USD 57.06 billion in 2015 and is expected to reach USD 78.90 billion in 2021, growing at a CAGR of 5.6%. In terms of volume, the global PVC market stood at 43,662.0 kilotons in 2015.
Pipes and fittings, wires and cables, film and sheets, bottles and others are the major application categories of PVC. Pipes and fittings was the leading segment of the market and is expected to maintain its dominance throughout the forecast period. Based on type, PVC market is categorised as; rigid polyvinyl chloride and flexible polyvinyl chloride.
The PVC market is segmented by end users as; automotive, electrical and electronics, construction, packaging, and others. The construction segment held the largest market share in 2015. Growth in the automotive sector is expected to drive the demand for PVC in that segment.
Asia-Pacific was the largest market for PVC due to the rapidly growing building and construction industry, accounting for more than 52% of the market in 2015. Europe is the second largest market for PVC, followed by North America. The Middle East and Africa is expected to witness significant growth in the forecast period due to investments in infrastructure in GCC countries. Latin America is expected to show noticeable growth rate during the forecast period.
The key players in the global PVC market include; Occidental Petroleum Corporation, Shin-Etsu Chemical Co. Ltd, Xinjiang Zhongtai Chemical Co. Ltd., Formosa Plastics Group, INEOS , Solvay S.A., Mexichem S.A.B., Kem One , Vinnolit GmbH & Co. KG and AXIALL Corporation amongst others.
Find out more
Related articles on Designing Buildings Wiki.
- Architectural fabrics.
- Deleterious materials.
- ETFE.
- Fabric structures.
- Frei Otto.
- Global PVC market analysis and forecast to 2020.
- Millennium Dome.
- Packaging.
- Plastic cladding.
- Polycarbonate plastic.
- The development of structural membranes.
- The history of fabric structures.
- The structural behaviour of architectural fabric structures.
- The thermal behaviour of spaces enclosed by fabric membranes.
- Weatherboarding.
Featured articles and news
Reasons for using MVHR systems
6 reasons for a whole-house approach to ventilation.
Supplementary Planning Documents, a reminder
As used by the City of London to introduce a Retrofit first policy.
Introducing a circular ecomony deposit return scheme
The government makes steps towards DRS scheme for plastic bottles and cans in England and Northern Ireland.
Join forces and share Building Safety knowledge in 2025
Why and how to contribute to the Building Safety Wiki.
Reporting on Payment Practices and Performance Regs
Approved amendment coming into effect 1 March 2025.
A new CIOB TIS on discharging CDM 2015 duties
Practical steps that can be undertaken in the Management of Contractors to discharge the relevant CDM 2015 duties.
Planning for homes by transport hubs
Next steps for infrastructure following the updated NPPF.
Access, history and Ty unnos.
The world’s first publicly funded civic park.
Exploring permitted development rights for change of use
Discussing lesser known classes M, N, P, PA and L.
CIOB Art of Building 2024 judges choice winner
Once Upon a Pass by Liam Man.
CIOB Art of Building 2024 public choice winner
Fresco School by Roman Robroek.
HE expands finance alliance to boost SME house building
Project follows on from Habiko public-private place making pension partnership for affordable housing delivery.
Licensing construction; looking back to look forward
Voluntary to required contractors (licensing) schemes.
A contractor discusses the Building Safety Act
A brief to the point look at changes that have occurred.
How orchards can influence planning and development.