The Global PVC Stabilizer Market is projected to reach a value of over USD 5.7 billion by 2027 at a CAGR of around 6.0%.
Stabilizers are added to polyvinyl chloride (PVC) to allow its processing and to improve its resistance especially in outdoor applications, weathering and heat ageing and have an important influence on the physical properties of PVC finished articles. Factors such as process technology involved, technical requirements of PVC end product, regulatory requirements and cost, influence the choice of the stabilizer used.
Market Driver:
PVC is a versatile, cost-effective, and has an excellent record of use mean it is the most important polymer for the construction, medical, and automotive industries. In the construction industry, it is used in drinking water and wastewater pipes, window frames, flooring and roofing foils, wall coverings, cables and many other applications. In the automotive industry PVC is increasingly an integral part of modern cars. The European Council of Vinyl Manufacturers (ECVM) estimates that around 150kg of plastics are used within an average vehicle. Traditional cars require high performing materials, which help protect occupants, produce cheaper, cleaner and more energy-efficient vehicles and last the life of the car, typically 10-15 years. Plastics, including soft PVC in particular, have played a very significant role in light-weighting and improving performance and efficiency. Thus, the increasing investment in the construction sector, growing medical and automotive sector has expected to drive the global PVC stabilizer market during the forecasted period.
PVC is replacing traditional building materials such as wood, metal, concrete and clay in many applications. Versatility, cost-effectiveness and an excellent record of use mean it is the most important polymer for the construction sector. PVC is one of the most popular plastics used in building and construction. It is used in drinking water and wastewater pipes, window frames, flooring and roofing foils, wall coverings, cables and many other applications as it provides a modern alternative to traditional materials such as wood, metal, rubber and glass. These products are often lighter, less expensive and offer many performance advantages. The British Plastics Federation has calculated that every 100kg of plastic (including PVC) can replace between 200-300 kg of traditional materials. Thus, PVC is replacing the conventional material in all the end-use industries due to its superior properties, which is likely to drive the global PVC stabilizer market.
The report on the PVC stabilizer market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
---|---|
Historical/Estimated/Forecasted Market Size Years |
2019-2027 |
Base Year for Market Calculation |
2020 |
Forecasted Period |
2021-2027 (2021 estimated year, forecasted up to 2027) |
Measured Units |
Value (USD Million) and Volume (Kiloton) |
Segments Included |
Type, Application, and Region |
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
PVC Stabilizer Market, by Type
PVC Stabilizer Market, by Application
PVC Stabilizer Market, by Region
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY