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Polyvinyl Chloride (PVC) Global Market Dynamics to 2020 - Construction Industry Drives the Global Demand
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Polyvinyl Chloride (PVC) Global Market Dynamics to 2020 - Construction Industry
Drives the Global Demand
The Global PVC Market is Expected to Grow in the Forecast Period after Recovery from
Economic Slowdown
The impact of global economic...
[Mehr]
Polyvinyl Chloride (PVC) Global Market Dynamics to 2020 - Construction Industry
Drives the Global Demand
The Global PVC Market is Expected to Grow in the Forecast Period after Recovery from
Economic Slowdown
The impact of global economic downturn has resulted in the slowdown in the
construction industry worldwide.
As more than 50% of the PVC is used in construction
applications, there has been a downturn in the demand of PVC in many countries in the
last few years.
But as the economies recover from the recessionary times, the demand for
PVC is expected to grow at a faster rate in the coming years to 2020.
The global PVC
demand was around 31 million tons in 2009.
It is expected to grow at a CAGR of 6.
9%
and reach around 64.
3 million tons in 2020.
The demand for PVC is highest in Asia.
China is driving the majority of the demand for
PVC in the world.
The demand in advanced countries like Japan is largely stabilized.
With the large population and growing economies of countries l
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construction,
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