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
RTPI leader to become new CIOB Chief Executive Officer
Dr Victoria Hills MRTPI, FICE to take over after Caroline Gumble’s departure.
Social and affordable housing, a long term plan for delivery
The “Delivering a Decade of Renewal for Social and Affordable Housing” strategy sets out future path.
A change to adoptive architecture
Effects of global weather warming on architectural detailing, material choice and human interaction.
The proposed publicly owned and backed subsidiary of Homes England, to facilitate new homes.
How big is the problem and what can we do to mitigate the effects?
Overheating guidance and tools for building designers
A number of cool guides to help with the heat.
The UK's Modern Industrial Strategy: A 10 year plan
Previous consultation criticism, current key elements and general support with some persisting reservations.
Building Safety Regulator reforms
New roles, new staff and a new fast track service pave the way for a single construction regulator.
Architectural Technologist CPDs and Communications
CIAT CPD… and how you can do it!
Cooling centres and cool spaces
Managing extreme heat in cities by directing the public to places for heat stress relief and water sources.
Winter gardens: A brief history and warm variations
Extending the season with glass in different forms and terms.
Restoring Great Yarmouth's Winter Gardens
Transforming one of the least sustainable constructions imaginable.
Construction Skills Mission Board launch sector drive
Newly formed government and industry collaboration set strategy for recruiting an additional 100,000 construction workers a year.
New Architects Code comes into effect in September 2025
ARB Architects Code of Conduct and Practice available with ongoing consultation regarding guidance.
Welsh Skills Body (Medr) launches ambitious plan
The new skills body brings together funding and regulation of tertiary education and research for the devolved nation.
Paul Gandy FCIOB announced as next CIOB President
Former Tilbury Douglas CEO takes helm.
UK Infrastructure: A 10 Year Strategy. In brief with reactions
With the National Infrastructure and Service Transformation Authority (NISTA).