Polyvinyl Chloride Market Size, Share, Trends, Industry Analysis Report: By Grade, Application, End-Use Industry, and Region

Description

List of Tables

The global polyvinyl chloride (PVC) market size is expected to reach USD 12.36 billion by 2034, according to a new study by Polaris Market Research. The report "Polyvinyl Chloride (PVC) Market Size, Share, Trends, Industry Analysis Report: By Grade (Rigid PVC, Flexible PVC, and Others), Application, End-Use Industry, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Polyvinyl chloride (PVC), also known as vinyl, is a thermoplastic material made by polymerizing vinyl chloride monomers. The material is known for its cost-effectiveness, versatility, and fabricability. It is used in a variety of applications, including packaging, pipes, and medical supplies. High levels of disposable income and investments in infrastructure development across emerging economies are expected to open up new possibilities for PVC applications.

The rising usage of polyvinyl chloride in construction applications is one of the major factors driving the polyvinyl chloride market growth. The affordability and versatility of PVC allow for a wide range of construction applications, including pipes, cables, and roofing materials. In addition, the growing demand for non-corrosive materials like PVC in industries requiring durability and long-lasting performance contributes to the expansion of the market.

Technological developments in PVC formulations and recycling methods are leading to the production of sustainable PVC products, increasing their attractiveness to environmentally conscious consumers. Companies are investigating new uses of PVC in various applications, such as wind turbines or solar panel components, which are expected to boost the market revenue in the coming years.

Key Highlights of Polyvinyl Chloride Market Report

Based on grade, the rigid PVC segment led the market with a 46.7% revenue share in 2024, driven by the widespread use of rigid PVC in construction applications like pipes, window frames, and doors.

Based on the end-use industry, the building & construction segment held the largest market revenue share in 2024, driven by continuous urbanization and infrastructure development, especially in emerging economies.

Asia Pacific led the global market with a 36.9% revenue share in 2024, fueled by rapid urbanization and infrastructure development across the region.

The North American polyvinyl chloride market accounted for a significant market share of 23.3% in 2024 due to the rising emphasis on utilizing high-quality insulation materials to improve the energy efficiency of construction projects,

Finolex Industries Ltd., Orbia, Saudi Plastics Products Company Ltd., Formosa Plastics Corporation, LG Chem, Mexichem SAB de CV, Occidental Petroleum Corporation, Avient Corporation, DuPont, Entec Polymers, and hin-Etsu Chemical Company Ltd. are among few of the key players influencing the polyvinyl chloride market revenue.

Polaris Market Research has segmented the global polyvinyl chloride market report on the basis of grade, application, end-use industry, and region:

Polyvinyl Chloride Market Segmentation

By Grade Outlook (Revenue - USD Billion, 2020-2034)

Flexible PVC
Rigid PVC
Others

By Application Outlook (Revenue - USD Billion, 2020-2034)

Films & Sheets
Pipes & Fittings
Bottles
Wires & Cables
Others

By End-Use Industry Outlook (Revenue - USD Billion, 2020-2034)

Automotive
Building & Construction
Packaging
Electrical & Electronics
Healthcare
Footwear
Others

By Regional Outlook (Revenue - USD Billion, 2020-2034)

North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of the Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America

Product Code: PM1448

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Polyvinyl Chloride Market Insights

4.1. Polyvinyl Chloride Market - Market Snapshot
4.2. Polyvinyl Chloride Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Growing Usage in Construction Activities
  - 4.2.1.2. Increased Demand for Non-Corrosive Materials
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Challenges in Recycling Processes
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry Among Existing Firms (High)
4.4. PESTEL Analysis
4.5. Polyvinyl Chloride Market Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Polyvinyl Chloride Market, by Grade

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
5.3. Flexible PVC
- 5.3.1. Global Polyvinyl Chloride Market, by Flexible PVC, by Region, 2020-2034 (USD Billion)
5.4. Rigid PVC
- 5.4.1. Global Polyvinyl Chloride Market, by Rigid PVC, by Region, 2020-2034 (USD Billion)
5.5. Others
- 5.5.1. Global Polyvinyl Chloride Market, by Others, by Region, 2020-2034 (USD Billion)

6. Global Polyvinyl Chloride Market, by Application

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
6.3. Films & Sheets
- 6.3.1. Global Polyvinyl Chloride Market, by Films & Sheets, by Region, 2020-2034 (USD Billion)
6.4. Pipes & Fittings
- 6.4.1. Global Polyvinyl Chloride Market, by Pipes & Fittings, by Region, 2020-2034 (USD Billion)
6.5. Bottles
- 6.5.1. Global Polyvinyl Chloride Market, by Bottles, by Region, 2020-2034 (USD Billion)
6.6. Wires & Cables
- 6.6.1. Global Polyvinyl Chloride Market, by Wires & Cables, by Region, 2020-2034 (USD Billion)
6.7. Others
- 6.7.1. Global Polyvinyl Chloride Market, by Others, by Region, 2020-2034 (USD Billion)

7. Global Polyvinyl Chloride Market, by End-Use Industry

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
7.3. Automotive
- 7.3.1. Global Polyvinyl Chloride Market, by Automotive, by Region, 2020-2034 (USD Billion)
7.4. Building & Construction
- 7.4.1. Global Polyvinyl Chloride Market, by Building & Construction, by Region, 2020-2034 (USD Billion)
7.5. Packaging
- 7.5.1. Global Polyvinyl Chloride Market, by Packaging, by Region, 2020-2034 (USD Billion)
7.6. Electrical & Electronics
- 7.6.1. Global Polyvinyl Chloride Market, by Electrical & Electronics, by Region, 2020-2034 (USD Billion)
7.7. Healthcare
- 7.7.1. Global Polyvinyl Chloride Market, by Healthcare, by Region, 2020-2034 (USD Billion)
7.8. Footwear
- 7.8.1. Global Polyvinyl Chloride Market, by Footwear, by Region, 2020-2034 (USD Billion)
7.9. Others
- 7.9.1. Global Polyvinyl Chloride Market, by Others, by Region, 2020-2034 (USD Billion)

8. Global Polyvinyl Chloride Market, by Geography

8.1. Key Findings
8.2. Introduction
- 8.2.1. Polyvinyl Chloride Market Assessment, by Geography, 2020-2034 (USD Billion)
8.3. Polyvinyl Chloride Market - North America
- 8.3.1. North America: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
- 8.3.2. North America: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
- 8.3.3. North America: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.3.4. Polyvinyl Chloride Market - US
  - 8.3.4.1. US: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.3.4.2. US: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.3.4.3. US: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.3.5. Polyvinyl Chloride Market - Canada
  - 8.3.5.1. Canada: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.3.5.2. Canada: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.3.5.3. Canada: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
8.4. Polyvinyl Chloride Market - Europe
- 8.4.1. Europe: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
- 8.4.2. Europe: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
- 8.4.3. Europe: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.4.4. Polyvinyl Chloride Market - UK
  - 8.4.4.1. UK: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.4.4.2. UK: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.4.4.3. UK: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.4.5. Polyvinyl Chloride Market - France
  - 8.4.5.1. France: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.4.5.2. France: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.4.5.3. France: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.4.6. Polyvinyl Chloride Market - Germany
  - 8.4.6.1. Germany: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.4.6.2. Germany: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.4.6.3. Germany: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.4.7. Polyvinyl Chloride Market - Italy
  - 8.4.7.1. Italy: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.4.7.2. Italy: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.4.7.3. Italy: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.4.8. Polyvinyl Chloride Market - Spain
  - 8.4.8.1. Spain: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.4.8.2. Spain: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.4.8.3. Spain: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.4.9. Polyvinyl Chloride Market - Netherlands
  - 8.4.9.1. Netherlands: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.4.9.2. Netherlands: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.4.9.3. Netherlands: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.4.10. Polyvinyl Chloride Market - Russia
  - 8.4.10.1. Russia: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.4.10.2. Russia: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.4.10.3. Russia: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.4.11. Polyvinyl Chloride Market - Rest of Europe
  - 8.4.11.1. Rest of Europe: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.4.11.2. Rest of Europe: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.4.11.3. Rest of Europe: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
8.5. Polyvinyl Chloride Market - Asia Pacific
- 8.5.1. Asia Pacific: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
- 8.5.2. Asia Pacific: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
- 8.5.3. Asia Pacific: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.5.4. Polyvinyl Chloride Market - China
  - 8.5.4.1. China: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.5.4.2. China: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.5.4.3. China: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.5.5. Polyvinyl Chloride Market - India
  - 8.5.5.1. India: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.5.5.2. India: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.5.5.3. India: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.5.6. Polyvinyl Chloride Market - Malaysia
  - 8.5.6.1. Malaysia: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.5.6.2. Malaysia: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.5.6.3. Malaysia: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.5.7. Polyvinyl Chloride Market - Japan
  - 8.5.7.1. Japan: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.5.7.2. Japan: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.5.7.3. Japan: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.5.8. Polyvinyl Chloride Market - Indonesia
  - 8.5.8.1. Indonesia: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.5.8.2. Indonesia: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.5.8.3. Indonesia: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.5.9. Polyvinyl Chloride Market - South Korea
  - 8.5.9.1. South Korea: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.5.9.2. South Korea: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.5.9.3. South Korea: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.5.10. Polyvinyl Chloride Market - Australia
  - 8.5.10.1. Australia: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.5.10.2. Australia: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.5.10.3. Australia: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.5.11. Polyvinyl Chloride Market - Rest of Asia Pacific
  - 8.5.11.1. Rest of Asia Pacific: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.5.11.2. Rest of Asia Pacific: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.5.11.3. Rest of Asia Pacific: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
8.6. Polyvinyl Chloride Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
- 8.6.2. Middle East & Africa: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
- 8.6.3. Middle East & Africa: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.6.4. Polyvinyl Chloride Market - Saudi Arabia
  - 8.6.4.1. Saudi Arabia: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.6.4.2. Saudi Arabia: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.6.4.3. Saudi Arabia: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.6.5. Polyvinyl Chloride Market - UAE
  - 8.6.5.1. UAE: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.6.5.2. UAE: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.6.5.3. UAE: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.6.6. Polyvinyl Chloride Market - Israel
  - 8.6.6.1. Israel: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.6.6.2. Israel: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.6.6.3. Israel: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.6.7. Polyvinyl Chloride Market - South Africa
  - 8.6.7.1. South Africa: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.6.7.2. South Africa: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.6.7.3. South Africa: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.6.8. Polyvinyl Chloride Market - Rest of Middle East & Africa
  - 8.6.8.1. Rest of Middle East & Africa: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.6.8.2. Rest of Middle East & Africa: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.6.8.3. Rest of Middle East & Africa: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
8.7. Polyvinyl Chloride Market - Latin America
- 8.7.1. Latin America: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
- 8.7.2. Latin America: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
- 8.7.3. Latin America: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.7.4. Polyvinyl Chloride Market - Mexico
  - 8.7.4.1. Mexico: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.7.4.2. Mexico: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.7.4.3. Mexico: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.7.5. Polyvinyl Chloride Market - Brazil
  - 8.7.5.1. Brazil: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.7.5.2. Brazil: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.7.5.3. Brazil: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.7.6. Polyvinyl Chloride Market - Argentina
  - 8.7.6.1. Argentina: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.7.6.2. Argentina: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.7.6.3. Argentina: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.7.7. Polyvinyl Chloride Market - Rest of Latin America
  - 8.7.7.1. Rest of Latin America: Polyvinyl Chloride Market, by Grade, 2020-2034 (USD Billion)
  - 8.7.7.2. Rest of Latin America: Polyvinyl Chloride Market, by Application, 2020-2034 (USD Billion)
  - 8.7.7.3. Rest of Latin America: Polyvinyl Chloride Market, by End-Use Industry, 2020-2034 (USD Billion)

9. Competitive Landscape

9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles

10.1. Avient Corporation
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
10.2. DuPont
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
10.3. Entec Polymers
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
10.4. Finolex Industries Pvt. Ltd.
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
10.5. Formosa Plastic Corporation
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
10.6. LG Chem
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
10.7. Mexichem SAB de CV
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
10.8. Occidental Petroleum Corporation
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
10.9. Orbia
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
10.10. Saudi Plastic Products Company Ltd.
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
10.11. Shin- Etsu Chemical Company Ltd.
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development