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Asia Pacific Dry PVC Compound Market Size, Share & Trends Analysis Report By Application (Films And Sheets, Wires And Cables, Pipes And Fittings, Profiles, Hoses, And Tubing, Edge Band), By End Use, By Region, And Segment Forecasts, 2023-2030

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    Report

  • 110 Pages
  • June 2023
  • Region: Asia Pacific
  • Grand View Research
  • ID: 5846843
Description Jump to:
The Asia Pacific dry PVC compound market size is expected to reach USD 4.79 billion by 2030, according to this report. The market is expected to expand at a CAGR of 7.9% from 2023 to 2030. The rise in demand for electrical and electronic bias across the region, owing to the technological developments and R&D in the electrical and electronics market is expected to drive the market growth over the forecast period. Furthermore, increasing spending by governments on construction and infrastructure, especially in India and China, is expected to augment the demand for dry Polyvinyl Chloride (PVC) compounds.

Growing demand for beverages is expected to fuel the demand for dry PVC compounds in various applications such as containers and bottles, among others. The rising popularity of pre-packaged meals, bottled water, and beverage consumption among consumers, as well as the growing number of supermarkets and restaurants, is driving the growth of the PVC compounds market in the region.

Moreover, industries such as food and beverage and cosmetics and medicinal products utilize PVC flexible packaging. This is primarily due to its characteristics such as lightweight and ease of usage. Due to increasing demand for packaged food and private investments by market players, the industry is projected to witness considerable growth in the coming years. Additionally, Asia Pacific remains the most lucrative market for the manufacturers of PVC packaging due to strong domestic demand and the availability of cheap labor.

Furthermore, increasing awareness among consumers regarding safety and health hazards for various industries including healthcare, construction, wire & cable, and automotive, is expected to drive the regional demand for dry PVC compounds over the forecast period.

Asia Pacific Dry PVC Compound Market Report Highlights

  • In terms of revenue, the films and sheets accounted for a prominent share of the market in 2022 and is further expected to witness prominent growth over the forecast period
  • The building and construction end-use dominated the market and accounted for more than 33.0% of the revenue share in 2022. With increasing emphasis on energy-efficient and sustainable construction practices, the demand for dry PVC compounds in building and construction is expected to rise in the Asia Pacific region
  • As of 2022, China accounted for more than 30.50% of the market share in terms of revenue. Rise in infrastructure investments is creating demand for dry PVC compounds in the country. Moreover, the rising popularity of pre-packaged meals, bottled water, and beverage consumption among consumers is driving the market growth
  • Due to the rising use of dry PVC compounds in the building industry, major leading players are constantly working on developing their manufacturing plants. Furthermore, many organizations have begun to focus on techniques such as mergers and acquisitions in order to widen their product line and improve their market presence. For instance, in May 2023, Formosa Plastics Corporation completed the expansion of its Baton Rouge PVC Plant in Louisiana. Baton Rouge PVC plant can now produce 372 million tons of PVC per day. Formosa will use the byproducts of halogenated acids to make vinyl chloride monomer (VCM). The company expects that by modernizing PVC production, its material output and sales will increase by 20%

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Applications & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
Chapter 2. Executive Summary
2.1. Market Snapshot, 2021 (USD Million)
2.2. Segmental Outlook
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Lineage Outlook
3.1.1. Global Asia Pacific Dry PVC Compounds Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. End-Use Trends
3.4. Regulatory Framework
3.4.1. Standard & Compliances
3.4.2. Safety
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Market Challenge Analysis
3.5.4. Market Opportunity Analysis
3.6. Industry Analysis - Asia Pacific Dry PVC Compounds Market
3.6.1. Porter’s Five Force Analysis
3.6.1.1. Bargaining Power of Supplier
3.6.1.2. Bargaining Power of Buyer
3.6.1.3. Threat of Substitution
3.6.1.4. Threat from New Entrant
3.6.1.5. Competitive Rivalry
3.6.2. PESTEL Analysis
3.6.2.1. Political Analysis
3.6.2.2. Environmental Analysis
3.6.2.3. Social Analysis
3.6.2.4. Technology Analysis
3.6.2.5. Economic Analysis
3.6.2.6. Legal Analysis
3.6.3. Impact of COVID-19 on Asia Pacific Dry PVC Compounds Market
3.6.4. Impact of Russia & Ukraine geopolitical implications on Asia Pacific Dry PVC Compounds Market
Chapter 4. Asia Pacific Dry PVC Compounds Market: Application Estimates & Trend Analysis
4.1. Application movement analysis & market share, 2022 & 2030
4.2. Films and Sheets
4.2.1. Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Films and Sheets, 2018 - 2030 (Kilotons) (USD Million)
4.3. Wires and Cables
4.3.1. Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Wires and Cables, 2018 - 2030 (Kilotons) (USD Million)
4.4. Pipes and Fittings
4.4.1. Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Pipes and Fittings, 2018 - 2030 (Kilotons) (USD Million)
4.5. Profiles, Hoses, and Tubing
4.5.1. Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Profiles, Hoses, and Tubing, 2018 - 2030 (Kilotons) (USD Million)
4.6. Edge Band
4.6.1. Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Edge Band, 2018 - 2030 (Kilotons) (USD Million)
4.7. Others
4.8. Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Others, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5 Asia Pacific Dry PVC Compounds Market: End-Use Estimates & Trend Analysis
5.1 End-Use movement analysis & market share, 2022 & 2030
5.1 Automotive
5.1.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by automotive, 2018 - 2030 (Kilotons) (USD Million)
5.2 Building & Construction
5.2.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Building & Construction, 2018 - 2030 (Kilotons) (USD Million)
5.3 Consumer Goods
5.3.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Consumer Goods, 2018 - 2030 (Kilotons) (USD Million)
5.4 Packaging
5.4.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Packaging, 2018 - 2030 (Kilotons) (USD Million)
5.5 Medical
5.5.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by medical, 2018 - 2030 (Kilotons) (USD Million)
5.6 Footwear
5.6.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by footwear, 2018 - 2030 (Kilotons) (USD Million)
5.7 Toys
5.7.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by toys, 2018 - 2030 (Kilotons) (USD Million)
5.8 Others
5.8.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Others, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6 Asia Pacific Dry PVC Compounds Market: Country Estimates & Trend Analysis
6.1 Country movement analysis & market share, 2022 and 2030
6.1.1 China
6.1.1.1 China Dry PVC Compounds Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD million)
6.1.1.2 China Dry PVC Compounds Market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
6.1.1.3 China Dry PVC Compounds Market estimates and forecasts, by End-Use, 2018 - 2030 (Kilotons) (USD Million)
6.1.2 Japan
6.1.2.1 Japan Dry PVC Compounds Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.1.2.2 Japan Dry PVC Compounds Market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (Kilotons) (USD Million)
6.1.2.3 Japan Dry PVC Compounds Market estimates and forecasts, by End-Use, 2018 - 2030 (Kilotons) (USD Million)
6.1.3 India
6.1.3.1 India Dry PVC Compounds Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.1.3.2 India Dry PVC Compounds Market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
6.1.3.3 India Dry PVC Compounds Market estimates and forecasts, by End-Use, 2018 - 2030 (Kilotons) (USD Million)
6.1.4 Australia
6.1.4.1 Australia Asia Pacific Dry PVC Compounds Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.1.4.2 Australia Asia Pacific Dry PVC Compounds Market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
6.1.4.3 Australia Dry PVC Compounds Market estimates and forecasts, by End-Use, 2018 - 2030 (Kilotons) (USD Million)
6.1.5 Southeast Asia
6.1.5.1 Southeast Asia Dry PVC Compounds Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.1.5.2 Southeast Asia Dry PVC Compounds Market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
6.1.5.3 Southeast Asia Dry PVC Compounds Market estimates and forecasts, by End-Use, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7 Competitive Landscape
7.1 Key global players and recent developments & their impact on the industry
7.2 Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
7.3 Vendor Landscape
7.4 List of key Distributors and Channel Partners
7.5 Key Potential Customers
7.6 Public Companies
7.7 Competitive Dashboard Analysis
7.8 Public & Private Companies
7.9 List of Key Emerging Companies/Technology Disruptors/Innovators
Chapter 8 Company Profiles
8.1 TP Polymer Private Limited
8.1.1 Company Overview
8.1.2 Financial Performance
8.1.3 End-Use Benchmarking
8.1.4 Strategic Initiatives
8.2 NHAT HUY GROUP
8.3 AGC Vinythai
8.4 Shin-Etsu Chemical Co., Ltd.
8.5 Prism Masterbatches
8.6 Sinochem Holdings Corporation Ltd.
8.7 Hanwha Solutions
8.8 Xinjiang Zhongtai Chemical Co., Ltd.
8.9 SCG Chemicals Public Company Limited
8.10 NAN YA PLASTICS CORPORATION
8.11 East Hope Group
8.12 Vinacompound Co. Ltd.
8.13 Teknor Apex
8.14 RIKEN TECHNOS CORP
List of Tables
Table 1:. Asia Pacific Dry PVC Compounds - Industry Summary & Key Buying Criteria, 2018-2030
Table 2:. Asia Pacific Dry PVC Compounds Market, 2018-2030 (Kilo Tons) (USD Million)
Table 3:. Asia Pacific Dry PVC Compounds Market volume, by Country, 2018-2030 (Kilo Tons)
Table 4:. Asia Pacific Dry PVC Compounds Market revenue, by Country, 2018-2030 (USD Million)
Table 5:. Asia Pacific Dry PVC Compounds Market volume, by application, 2018-2030 (Kilo Tons)
Table 6:. Asia Pacific Dry PVC Compounds Market revenue, by application, 2018-2030 (USD Million)
Table 7:. Asia Pacific Dry PVC Compounds Market volume, by end use, 2018-2030 (Kilo Tons)
Table 8:. Asia Pacific Dry PVC Compounds Market revenue, by end use, 2018-2030 (USD Million)
Table 9:. China Dry PVC Compounds Market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
Table 10:. China Dry PVC Compounds Market volume estimates and forecasts, by application, 2018-2030 (Kilotons) (USD Million)
Table 11:. China Dry PVC Compounds Market volume estimates and forecasts, by end use, 2018-2030 (Kilotons) (USD Million)
Table 12:. Japan Dry PVC Compounds Market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
Table 13:. Japan Dry PVC Compounds Market volume estimates and forecasts, by application, 2018-2030 (Kilotons) (USD Million)
Table 14:. Japan Dry PVC Compounds Market volume estimates and forecasts, by end use, 2018-2030 (Kilotons) (USD Million)
Table 15:. India Dry PVC Compounds Market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
Table 16:. India Dry PVC Compounds Market volume estimates and forecasts, by application, 2018-2030 (Kilotons) (USD Million)
Table 17:. India Dry PVC Compounds Market volume estimates and forecasts, by end use, 2018-2030 (Kilotons) (USD Million)
Table 18:. Australia Dry PVC Compounds Market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
Table 19:. Australia Dry PVC Compounds Market volume estimates and forecasts, by application, 2018-2030 (Kilotons) (USD Million)
Table 20:. Australia Dry PVC Compounds Market volume estimates and forecasts, by end use, 2018-2030 (Kilotons) (USD Million)
Table 21:. Southeast Dry PVC Compounds Market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
Table 22:. Southeast Dry PVC Compounds Market volume estimates and forecasts, by end use, 2018-2030 (Kilotons) (USD Million)
Table 23:. Southeast Dry PVC Compounds Market volume estimates and forecasts, by application, 2018-2030 (Kilotons) (USD Million)
List of Figures
Fig. 1: Asia Pacific dry PVC compounds market Segmentation
Fig. 2: Information Procurement
Fig. 3: Data Analysis Models
Fig. 4: Market Formulation And Validation
Fig. 5: Data Validating & Publishing
Fig. 6: Market Snapshot 2022
Fig. 7: Segment Snapshot
Fig. 8: Competitive Landscape Snapshot
Fig. 9: Asia Pacific dry PVC compounds market, 2022 (USD Million)
Fig. 10: Asia Pacific dry PVC compounds market: penetration & growth prospect mapping
Fig. 11: Asia Pacific dry PVC compounds market - Industry Value Chain Analysis
Fig. 12: Asia Pacific dry PVC compounds market dynamics
Fig. 13: Asia Pacific dry PVC compounds market: PORTER’s Analysis
Fig. 14: Asia Pacific dry PVC compounds market: PESTEL Analysis
Fig. 15: Asia Pacific dry PVC compounds market, by Application: Key Takeaways
Fig. 16: Asia Pacific dry PVC compounds market, by Application: Volume Market Share, 2022 & 2030
Fig. 17: Asia Pacific dry PVC compounds market, by Application: Revenue Market Share, 2022 & 2030
Fig. 18: Asia Pacific dry PVC compounds market, by End-Use: Key Takeaways
Fig. 19: Asia Pacific dry PVC compounds market, by End-Use: Volume Market Share, 2022 & 2030
Fig. 20: Asia Pacific dry PVC compounds market, by End-Use: Revenue Market Share, 2022 & 2030
Fig. 21: Films and Sheets market estimates & forecasts, 2018-2030 (Kilotons) (USD Million)
Fig. 22: Wires and Cables market estimates & forecasts, 2018-2030 (Kilotons) (USD Million)
Fig. 23: Pipes and Fittings market estimates & forecasts, 2018-2030 (Kilotons) (USD Million)
Fig. 24: Profiles, Hoses, and Tubing market estimates & forecasts, 2018-2030 (Kilotons) (USD Million)
Fig. 25: Edge Band Market estimates & forecasts, 2018-2030 (Kilotons) (USD Million)
Fig. 26: Others Market estimates & forecasts, 2018-2030 (Kilotons) (USD Million)
Fig. 27: Automotive market estimates & forecasts, 2018-2030 (Kilotons) (USD Million)
Fig. 28: Building & Construction market estimates & forecasts, 2018-2030 (Kilotons) (USD Million)
Fig. 29: Consumer Goods market estimates & forecasts, 2018-2030 (Kilotons) (USD Million)
Fig. 30: Packaging market estimates & forecasts, 2018-2030 (Kilotons) (USD Million)
Fig. 31: Medical Market estimates & forecasts, 2018-2030 (Kilotons) (USD Million)
Fig. 32: Footwear Market estimates & forecasts, 2018-2030 (Kilotons) (USD Million)
Fig. 33: Toys Market estimates & forecasts, 2018-2030 (Kilotons) (USD Million)
Fig. 34: Others Market estimates & forecasts, 2018-2030 (Kilotons) (USD Million)
Fig. 35: Asia Pacific dry PVC compounds market revenue, by country, 2022 & 2030 (USD Million)
Fig. 36: Country marketplace: Key takeaways
Fig. 37: China dry PVC compounds market estimates & forecast, 2018-2030 (Kilotons) (USD Million)
Fig. 38: Japan dry PVC compounds market estimates & forecast, 2018-2030 (Kilotons) (USD Million)
Fig. 39: India dry PVC compounds market estimates & forecast, 2018-2030 (Kilotons) (USD Million)
Fig. 40: Australia dry PVC compounds market estimates & forecast, 2018-2030 (Kilotons) (USD Million)
Fig. 41: Southeast Asia dry PVC compounds market estimates & forecast, 2018-2030 (Kilotons) (USD Million)
Fig. 42: Key Company Categorization
Fig. 43: Strategic framework

Companies Mentioned

  • TP Polymer Private Limited
  • NHAT HUY GROUP
  • AGC Vinythai
  • Shin-Etsu Chemical Co., Ltd.
  • Prism Masterbatches
  • Sinochem Holdings Corporation Ltd.
  • Hanwha Solutions
  • Xinjiang Zhongtai Chemical Co., Ltd.
  • SCG Chemicals Public Company Limited
  • NAN YA PLASTICS CORPORATION
  • East Hope Group
  • Vinacompound Co. Ltd.
  • Teknor Apex
  • RIKEN TECHNOS CORP

Methodology

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Table Information

Report AttributeDetails
No. of Pages110
PublishedJune 2023
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 2.62 Billion
Forecasted Market Value ( USD ) by 2030 $ 4.79 Billion
Compound Annual Growth Rate7.9%
Regions CoveredAsia Pacific
No. of Companies Mentioned14

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About the Dry PVC Compound Market

The Dry PVC Compound market is a segment of the plastics industry that produces PVC compounds for a variety of applications. PVC compounds are a type of plastic that are composed of polyvinyl chloride and other additives. These compounds are used in a variety of industries, including construction, automotive, and medical. PVC compounds are known for their durability, chemical resistance, and low cost. The Dry PVC Compound market is highly competitive, with a variety of companies offering different types of compounds. Companies in the market specialize in producing compounds for specific applications, such as automotive, medical, and construction. These companies also offer custom compounds for specific customer needs. Some of the companies in the Dry PVC Compound market include PolyOne Corporation, Teknor Apex Company, and Polymer Compounding Corporation. Show Less Read more

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