Global PVC Homopolymer Market by Type (General Purpose Grade, Medical Grade, Others), By Application (Wire and Cable, Automobile, Medical, Pipeline, Coating, Floor Material, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The Global PVC Homopolymers Market size is expected to grow at a CAGR (Compound Annual Growth Rate) of 7% during the forecast period (2021-2028). North America dominates the global market with around 45% share in 2017 followed by the Asia Pacific with 29%. Latin America and Europe follow next with 11% and 10%, respectively.
Polyvinyl chloride homopolymer is a type of polyvinyl chloride which are manufactured by using only one monomer, vinyl chloride. In other words, PVC homopolymers are made from pure raw materials such as virgin resin and no recycled content or additives whatsoever. These are a group of thermoplastics that are made from just one type of monomer. These polymers have many uses, including in wire and cable, automobile parts, medical applications like pipeline coating and flooring material.
PVC Homopolymers have the widest range of applications due to their high stability in temperature extremes, electrical properties, and mechanical strength. It helps reduce waste disposal costs with less production energy consumption than PP or PS products; this allows for more savings on manufacturing cost and lower transportation expenses due to easier load handling during distribution because it is lighter weight than other plastic products.
On the basis of Type, the global PVC homopolymers market is segmented into general-purpose grade, medical-grade, and others.
General-Purpose Grade:
General-purpose grade PVC homopolymers are versatile and have a wide range of applications. They offer high stability in temperature extremes, electrical properties, and mechanical strength which makes them suitable for the widest range of applications. It helps reduce waste disposal costs with less production energy consumption than PP or PS products; this allows for more savings on manufacturing cost and lower transportation expenses due to easier load handling during distribution because it is lighter weight than other plastic products.
Medical-Grade:
Medical-grade PVC homopolymers are medical implantable materials, which may be used in the fabrication of various types of surgical instruments and devices. These products find application in several fields such as orthopedics, neurosurgery, ENT surgery, pediatrics, and gynecology among others.
On the basis of Application, the global PVC homopolymers market is segmented into wire and cable (W&C), automobile, medical pipeline coating, and flooring material.
Wire And Cable (W&C):
PVC homopolymers are used in wire and cable products. PVC is a versatile polymer that can be used as an electrical insulator, wiring insulation material, dielectric fluid for capacitors and transformers, environmental sealant on pipes carrying hydrocarbons such as oil or gas. PVC insulated wires have the advantages of being lightweight with high electrical resistance and are relatively simple to manufacture. PVC insulation is used in wire and cable products for sound reproduction such as megaphones or wireless microphones. It also has applications in automotive system wiring harnesses that require heat-resistant insulation.
Automobiles:
PVC homopolymers are used in automobiles as a component of the engine coolant system, and also for manufacturing wiring. PVC homopolymers are used in the production of car components such as bumpers, interior parts, exterior coatings, etc. The material has a high tensile strength which makes it durable and resistant to wear. In addition, it has excellent resistance to chemicals and is very lightweight which allows for cost savings in the production process.
Medical Pipeline Coating:
PVC homopolymers are used in medical pipeline coating as a protective layer for coatings such as polyurethane or epoxy. The PVC is applied to the inside diameter of the plastic pipe before they are coated with other materials that seal off any potential leaks. The PVC layer is an important component of the medical pipeline coating system in that it provides a protective barrier against harsh chemicals and other toxins.
Flooring Material:
PVC homopolymers are used for flooring material because it is strong, resistant to scratches and water. It is widely popular because of its high durability and water resistance properties. PVC homopolymer can be applied to concrete, masonry or plaster surfaces without the need for primers or other surfacing materials in most cases.
On the basis of Region, the global PVC homopolymers market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
North America dominates the global market for a general-purpose grade of PVC homopolymers in terms of revenue share because there is a high demand from the automotive industry to use these materials as fuel line coating or wiring harnesses. The low cost per kilogram makes this region more competitive than other regions such as the Asia Pacific where labor costs are higher. North American countries like Canada and Mexico have been importing enough raw material to meet their domestic requirements while exporting surplus amount back into China which further fuels growth prospects within the region.
In the Asia Pacific, increasing demand for PVC homopolymers in wire and cable applications is expected to drive the growth of this segment during the forecast period from 2021-2028. The use of polyvinyl chloride as a key raw material has led to increasing in production only after large investments have been made by manufacturers into plant expansions and new units that are coming up on stream at various locations across China. These factors support positive outlooks for market expansion within the region starting 2020 onwards with numerous opportunities available especially for players who would like to export their products out of this region.
The Middle East & Africa regions will be driven mostly by the general-purpose grade segments due to the high usage rate among automotive industries while other segments such as medical applications will be driven by the increasing regulatory requirements in certain countries.
Growth Factors For The Global PVC Homopolymers Market:
- Increasing regulatory requirements for medical applications in certain countries will drive the growth of this segment.
- The general purpose grade segment due to the high usage rate among automotive industries is likely to be a key market driver across regions from 2020 onwards, with various opportunities available especially for players who would like to export their products out of China.
- Growing demand for PVC homopolymer flooring materials and other applications such as wire & cable, automobile industry, pipeline coating, etc., at the regional level drives future growth potentials.
Up Market Research published a new report titled “PVC Homopolymer Market research report which is segmented by Types (General Purpose Grade, Medical Grade, Others), By Applications (Wire and Cable, Automobile, Medical, Pipeline, Coating, Floor Material, Others), By Players/Companies Formosa Plastics, LG Chem, AlphaGary, Vinnolit, Thai Plastics, Oxy Vinyls, Ercros, Ronald Mark Associates, Reliance Industries”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Scope
Report Attributes | Report Details |
Report Title | PVC Homopolymer Market Research Report |
By Type | General Purpose Grade, Medical Grade, Others |
By Application | Wire and Cable, Automobile, Medical, Pipeline, Coating, Floor Material, Others |
By Companies | Formosa Plastics, LG Chem, AlphaGary, Vinnolit, Thai Plastics, Oxy Vinyls, Ercros, Ronald Mark Associates, Reliance Industries |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 223 |
Number of Tables & Figures | 157 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global PVC Homopolymer Market Report Segments:
The market is segmented by Type General Purpose Grade, Medical Grade, Others and By Application Wire and Cable, Automobile, Medical, Pipeline, Coating, Floor Material, Others.
Some of the companies that are profiled in this report are:
- Formosa Plastics
- LG Chem
- AlphaGary
- Vinnolit
- Thai Plastics
- Oxy Vinyls
- Ercros
- Ronald Mark Associates
- Reliance Industries
PVC Homopolymer Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the PVC Homopolymer Market
Overview of the regional outlook of the PVC Homopolymer Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The PVC Homopolymer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of PVC Homopolymer Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. General Purpose Grade
2. Medical Grade
3. Others
7. By Application:1. Wire and Cable
2. Automobile
3. Medical
4. Pipeline
5. Coating
6. Floor Material
7. Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PVC Homopolymer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the PVC Homopolymer Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PVC Homopolymer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 PVC Homopolymer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PVC Homopolymer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the PVC Homopolymer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global PVC Homopolymer Market Size & Forecast, 2018-2028
4.5.1 PVC Homopolymer Market Size and Y-o-Y Growth
4.5.2 PVC Homopolymer Market Absolute $ Opportunity
Chapter 5 Global PVC Homopolymer Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 PVC Homopolymer Market Size Forecast by Type
5.2.1 General Purpose Grade
5.2.2 Medical Grade
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PVC Homopolymer Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 PVC Homopolymer Market Size Forecast by Applications
6.2.1 Wire and Cable
6.2.2 Automobile
6.2.3 Medical
6.2.4 Pipeline
6.2.5 Coating
6.2.6 Floor Material
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PVC Homopolymer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PVC Homopolymer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America PVC Homopolymer Analysis and Forecast
9.1 Introduction
9.2 North America PVC Homopolymer Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America PVC Homopolymer Market Size Forecast by Type
9.6.1 General Purpose Grade
9.6.2 Medical Grade
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America PVC Homopolymer Market Size Forecast by Applications
9.10.1 Wire and Cable
9.10.2 Automobile
9.10.3 Medical
9.10.4 Pipeline
9.10.5 Coating
9.10.6 Floor Material
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe PVC Homopolymer Analysis and Forecast
10.1 Introduction
10.2 Europe PVC Homopolymer Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe PVC Homopolymer Market Size Forecast by Type
10.6.1 General Purpose Grade
10.6.2 Medical Grade
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe PVC Homopolymer Market Size Forecast by Applications
10.10.1 Wire and Cable
10.10.2 Automobile
10.10.3 Medical
10.10.4 Pipeline
10.10.5 Coating
10.10.6 Floor Material
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific PVC Homopolymer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PVC Homopolymer Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific PVC Homopolymer Market Size Forecast by Type
11.6.1 General Purpose Grade
11.6.2 Medical Grade
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific PVC Homopolymer Market Size Forecast by Applications
11.10.1 Wire and Cable
11.10.2 Automobile
11.10.3 Medical
11.10.4 Pipeline
11.10.5 Coating
11.10.6 Floor Material
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America PVC Homopolymer Analysis and Forecast
12.1 Introduction
12.2 Latin America PVC Homopolymer Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America PVC Homopolymer Market Size Forecast by Type
12.6.1 General Purpose Grade
12.6.2 Medical Grade
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America PVC Homopolymer Market Size Forecast by Applications
12.10.1 Wire and Cable
12.10.2 Automobile
12.10.3 Medical
12.10.4 Pipeline
12.10.5 Coating
12.10.6 Floor Material
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) PVC Homopolymer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PVC Homopolymer Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) PVC Homopolymer Market Size Forecast by Type
13.6.1 General Purpose Grade
13.6.2 Medical Grade
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) PVC Homopolymer Market Size Forecast by Applications
13.10.1 Wire and Cable
13.10.2 Automobile
13.10.3 Medical
13.10.4 Pipeline
13.10.5 Coating
13.10.6 Floor Material
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PVC Homopolymer Market: Competitive Dashboard
14.2 Global PVC Homopolymer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Formosa Plastics
14.3.2 LG Chem
14.3.3 AlphaGary
14.3.4 Vinnolit
14.3.5 Thai Plastics
14.3.6 Oxy Vinyls
14.3.7 Ercros
14.3.8 Ronald Mark Associates
14.3.9 Reliance Industries