Global PVC Market
Ceresana Research expects the global PVC market to
reach revenues of more than $65 billion in 2019. Now
that the global recession has ended, the construction
industry will again boost demand for PVC. The average
annual growth rate of 3.3% seen in the past eight years is
likely to be surpassed in future. The market experts from
Ceresana forecast PVC demand to increase at an average
annual rate of 3.9% over the next years.
With a roughly 53% share of global consumption, Asia-
Pacific is the largest PVC outlet, followed by North America
and Western Europe. Shares in demand of the individual
world regions will shift significantly over the next eight
years. The analysts from Ceresana expect countries in Asia-
Pacific to increase their shares in the global PVC market Đ
mainly at the expense of industrial countries. In contrast,
emerging and developing countries will benefit from an
increasing per-capita consumption of plastic products.
Moreover, the construction industry is boosting in these
countries, where many PVC products are used in civil and
Changes in regional demand will also have an effect on
the production structure of manufacturers. The global PVC
capacity of about 50 million tons is projected to expand
by 13 million ton by 2019. Almost 80% of these new
capacities will be created in the Asia-Pacific region.
For more information, contact Sandra Schulze, Ceresana
Research, E-mail: email@example.com, Web: www.ceresana.com/en.