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Global PVC Industry Market in 2020: Emerging Economies Become the Backbone Driving Market Growth

 Last Update: 2022-08-23
 Source: Internet
 Author: User

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1.
Global PVC production capacity continues to grow

PVC is the second largest general-purpose synthetic resin material in the world.
It has excellent flame retardancy, abrasion resistance, chemical resistance, comprehensive mechanical properties, product transparency, electrical insulation and easy processing

At present, PVC has become one of the plastic varieties with a wide range of applications.
It is widely used in industry, construction, agriculture, daily life, packaging, electric power, public utilities and other fields.
Polystyrene (PS) and ABS are collectively referred to as the top five general-purpose resins

In recent years, global PVC production capacity has continued to grow

The global PVC production capacity is mainly concentrated in Northeast Asia, of which China has about 40% of the global PVC production capacity

2.
The production capacity of Shin-Etsu Chemical, West Lake Chemical, and FPC ranks among the top three

In 2018, the top three companies in the global PVC annual production capacity were Japan's Shin-Etsu Chemical (SHINTECH), Westlake Chemical (Westlake) and FPC.
7.
1%, 5.
6% and 6.
0% of PVC capacity

3.
Emerging economies have become the backbone of the global PVC demand market growth

The downstream of PVC is mainly the construction industry and infrastructure industry, which is closely related to economic development

From 2013 to 2018, the global demand for PVC showed an overall growth trend

China is the main consumer market for PVC

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