Global PVC Stabilizer Market: Key Highlights
Global PVC Stabilizer Market: Key Market Dynamics
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Global PVC Stabilizer Market: Regional Overview
The Asia-Pacific region is expected to account for the largest share in the global PVC stabilizer market, the Asia-Pacific region is also likely to record the highest growth rate during the forecast period. during the forecast period, owing to more emphasis on construction and infrastructure segment. Mo The Chinese automotive industry is the largest market, globally, and the electrical and electronics market has been growing at a higher rate, which has also driven the Chinese PVC market. The growth of the Indian PVC market is expected to be led by the rising construction of the much required residential units and growing demand for PVC pipes and fittings in the agricultural sector, to bring in more area under cultivation.
Europe is comparatively matured markets for PVC Stabilizer and expected to grow at a slower rate as compared to the Asia-Pacific region. The increasing use of plastics to reduce vehicle weight and enhance fuel economy, growing demand from the construction industry and increasing applications in the healthcare industry is driving the PVC stabilizer market in the Europe region. Moreover, stringent regulations in the energy sector imposed by the government, increased consumer awareness on environment safety & carbon emissions also boosting the PVC market in Europe.
Global PVC Stabilizer Market: Key Players Overview
BASF SE is one of the leading chemical company across the globe. The Company’s portfolio comprised of six business segments including Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. The Chemicals segment consists of the Petrochemicals and Intermediates divisions. The Materials segment consists of Performance Materials and Monomers divisions. BASF SE has Approximately 3,000 research project and 361 production plant worldwide. In January 2020, BASF SE has developed an Ultradur (Ultradur B4040 G11 HMG HP green 75074) that can be used for co-extrusion with PVC.
Arkema SA engaged in the manufacturing of both industrial chemicals and performance products. The company operates through four business segments namely, advanced material, coating solutions, adhesives, and intermediates. Through these business segments, Arkema SA offers market solutions such as 3D printing, adhesives & sealants, automotive & transportation, building & construction, coating, paints, inks, composite & advanced materials, electronics & electricals, oil & gas, cooling & refrigeration and many others. Arkema SA has its strong presence globally sales over 55 countries with approximately 144 manufacturing sites, 6 research & development sites
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