|
|
China will be the principal driver for global PVC demand up to 2020 |
|
The new report ‘Global Polyvinyl Chloride (PVC) Market Analysis and Forecasts to 2020’ provides an in-depth analysis of the global PVC industry. This report will navigate the reader through the global PVC market with detailed analysis and forecasts of the major economic and market trends affecting the PVC markets in all the major regions of the world. The report includes capacity analysis and demand forecasts by major end-use sectors, regional price analysis and forecasts. Market share analysis of major PVC producers by region is also included in this comprehensive report covering all the major parameters.
Chinese Demand Will Be the Major Driver for Global PVC Market
China will be the principal driver for global PVC demand up to 2020. Rapid increase in downstream capacity additions, primarily geared towards export markets, and the fast growth of the domestic construction industry were the main drivers of PVC demand in China. The Chinese government is currently undertaking a $600bn investment program to develop infrastructure in interior China, which will be the main driver of PVC demand in the future. China has the world’s largest PVC capacity using acetylene feedstock and most of the future capacity additions will also be based on acetylene feedstock. Even with these large capacity additions coming up in the country, China will emerge as the largest importer of PVC in the world.
The Chinese PVC demand will grow by 15% annually and account for 44% of the global PVC demand in 2020.
Large Scale Constructions in Iran and Saudi Arabia Will Drive the PVC Demand in the Middle East Region
The PVC demand growth during the last decade in the Middle East region was the second highest after the Asia Pacific region. The demand was driven by large scale construction projects in Iran, Saudi Arabia and UAE, which are some of the largest exporting countries of crude oil and natural gas in the world, and the high oil prices of the past few years have immensely benefited their economies. These countries have undertaken large multi-billion dollar projects to develop the physical infrastructure and industrialization in their economies, driving the demand for PVC. Demand from construction applications account for 85% of the region’s PVC demand and the large construction projects will drive the demand for PVC in this sector, and also the larger Middle East market.
PVC Demand Will Be Stagnant In Developed Markets of North America and Europe
Over 30% of the global PVC demand comes from the developed markets of North America and Europe but the demand from these two regions is expected to remain stagnant to 2020. The absence of capacity additions in the downstream processing sectors, competition from cheap imports and the slowdown in construction and industrial activities are the main reasons for the bleak demand outlook in these regions.
North America accounted for 16% of the global PVC demand in 2008, and according to Global Markets Direct estimates, it will account for only 11% of the global PVC demand in 2020. The collapse of the construction industry in the US is the main reason for the PVC demand stagnation in North America.
Europe accounted for 18% of the global PVC demand in 2008. According to Global Markets Direct estimates, this will reduce to 14% of the global PVC demand in 2020. The slowdown in the construction sector of the large economies such as Germany, the UK and Italy is the main reason for PVC demand stagnation in Europe. Growth from the Central and Eastern European countries will not compensate for the decline in industrial and construction activity in the major economies of Western Europe.
Infrastructure Spend And Construction Activities in Developing Countries Globally Will Drive the PVC Demand
The construction sector is the principal driver of PVC demand, globally. Low per capita consumption of PVC and greater economic development in the fast growing developing countries of China, India and Brazil are driving the global demand for PVC in construction applications. Pipes & tubes and profiles account for the bulk of the PVC demand from this sector, with pipes & tubes accounting for nearly half the demand for PVC from construction applications. A significant number of the population in these developing countries lack basic infrastructure including housing, potable water and sanitation facilities and the work undertaken by these countries to address this situation will drive the demand for PVC from construction applications. Hence, demand for PVC in construction applications from the developing countries will compensate for the slowdown in traditionally large markets of North America and Europe, and account for 61% of the global PVC demand in 2020.
The ‘Global Polyvinyl Chloride (PVC) Market Analysis and Forecasts to 2020’ provides in-depth analysis of the global PVC industry. This report will navigate the reader through the global PVC market with detailed analysis and forecasts of the major economic and market trends affecting the PVC markets in all the major regions of the world. The report includes capacity analysis and demand forecasts by major end-use sectors, regional price analysis and forecasts. Market share analysis of major PVC producers by region is also included in this comprehensive report covering all the major parameters.
Scope
- Market revenues data from 2000 to 2008 and forecast for 12 years to 2020.
- Market volumes data from 2000 to 2008 and forecast for 12 years to 2020.
- PVC markets in key regions- Asia Pacific, North America, Europe, South and Central America (Latin America) and the Middle East.
- PVC markets in key countries- The US, Canada, Germany, France, Italy, Spain, The UK, China, Japan, India, Turkey, Iran, Canada, Brazil, Mexico and Argentina.
- PVC end use markets in key regions – Construction applications, Electrical applications and Packaging applications.
- Drivers of PVC demand including Chinese demand and construction applications, and restraints of PVC demand including the slowdown in developed markets of North America and Europe are analyzed in this report.
- Information on the competitive landscape with the revenue shares of the leading companies such as Shin-Etsu, Formosa, Solvin and Ineos.
Reasons to buy
- Obtain the most up to date information available on the PVC industry globally.
- Benefit from the advanced insight into each of the major markets through the detailed forecasts of demand, production and end use analysis of PVC.
- Multiply your revenue streams by identifying key growth sectors and geographies.
- Develop invest-divest strategies by knowing global, regional and key country market size and growth trends and competitive landscape.
- Create targeted marketing strategies and product promotion plans.Identify the macro and micro-economic trends shaping and driving the PVC markets in various regions.
- Make more informed business decisions from the insightful and in-depth analysis of the market landscape and the factors shaping it.
Purchase Information
There are various ways to purchase products from our site. Select the report title(s) you are interested in, and add it to your basket. At the Checkout page, you will be requested to submit your details. You will then have the option to pay via various methods: Debit Card ; Credit Card ; Purchase via Invoice (inc. Purchase Order no. if required) and Paypal. Companiesandmarkets.com accepts Visa, MasterCard, Diners, American Express, JCB and all the major credit cards. Companiesandmarkets.com uses RBSWorldpay.
Once you have purchased your report(s), you will receive a confirmation email. You will then either be able to download your report(s) immediately from your Customer Area in PDF format, or the report(s) will be emailed to you directly, depending on the agreement we have with the publisher. Orders that are deliverable via email which are taken outside of working hours will be delivered next business day.
Please note, if you purchase by invoice, you will receive your report(s) once payment has been received. If you have any questions about how to order, please Contact Us.