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Polyvinyl Chloride (PVC) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global polyvinyl chloride (PVC) market reached a value of US$ 41.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 53.94 Billion by 2027, exhibiting a CAGR of 4.40% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Polyvinyl chloride (PVC) is an economical, lightweight, versatile, and high-strength thermoplastic polymer produced by the polymerization of vinyl chloride monomer (VCM). It is resistant against acids, alkalis, oils, abrasion, shock, weathering, ultraviolet (UV), and corrosive inorganic chemicals. It also exhibits excellent durability, electrical insulation, dimensional stability, and vapor barrier properties. Moreover, its properties can be enhanced by adding several additives, such as heat stabilizers, UV stabilizers, plasticizers, impact modifiers, fillers, flame retardants, and pigments. As a result, PVC is widely used in building and construction applications for wire and cable insulation and to produce door and window profiles and drinking and wastewater pipes and fittings.

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Polyvinyl Chloride (PVC) Market Trends:

PVC finds extensive applications in various end use industries for packaging purposes, including maintaining the integrity of household goods and personal care products and producing tamper-resistant over-the-counter (OTC) medications and shrink wraps for consumer products. It is further gaining traction as an alternative to conventional wood frames as PVC has tremendous energy-saving potential at a low cost. Apart from this, the increasing prevalence of chronic diseases is catalyzing the demand for PVC in the medical packaging of surgery, pharmaceutical, and drug delivery products like blood and plasma transfusion sets, catheters and cannula, containers for intravenous (IV) solution sets and inflatable splints. Besides, rising sales of vehicles worldwide on account of rapid urbanization and improving purchasing power of consumers are positively influencing the utilization of PVC in the automotive industry. It is generally used in interior door panels and pockets, sun visors, seat coverings, headlining, seals, mud flaps, underbody coating, floor coverings, exterior side molding, protective strips, and anti-stone damage protection.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global polyvinyl chloride (PVC) market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, application and end use industry.

Breakup by Product Type:

  • Rigid PVC
  • Flexible PVC
  • Others
     

Breakup by Application:

 

 
 

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  • Pipes and Fittings
  • Film and Sheets
  • Wire and Cables
  • Bottles
  • Profiles, Hoses and Tubings
  • Others
     

Breakup by End Use Industry:

  • Building and Construction
  • Automotive
  • Electrical and Electronics
  • Packaging
  • Footwear
  • Healthcare
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Arkema S.A., China National Bluestar (Group) Co. Ltd. (China National Chemical Corporation), Formosa Plastics Corporation, INEOS Group Ltd., KEM ONE, LG Chem Ltd., Mitsubishi Chemical Corporation, Occidental Petroleum Corporation, Saudi Basic Industries Corporation (Saudi Arabian Oil Co.), Shin-Etsu Chemical Co. Ltd., Westlake Chemical Corporation and Xinjiang Zhongtai Chemical Co. Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, Application, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered  Arkema S.A., China National Bluestar (Group) Co. Ltd. (China National Chemical Corporation), Formosa Plastics Corporation, INEOS Group Ltd., KEM ONE, LG Chem Ltd., Mitsubishi Chemical Corporation, Occidental Petroleum Corporation, Saudi Basic Industries Corporation (Saudi Arabian Oil Co.), Shin-Etsu Chemical Co. Ltd., Westlake Chemical Corporation and Xinjiang Zhongtai Chemical Co. Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Polyvinyl Chloride (PVC) Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product Type
    6.1    Rigid PVC
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Flexible PVC
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Others
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Application
    7.1    Pipes and Fittings
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Film and Sheets
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Wire and Cables
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Bottles
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Profiles, Hoses and Tubings
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Others
        7.6.1 Market Trends
        7.6.2 Market Forecast
8    Market Breakup by End Use Industry
    8.1    Building and Construction
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Automotive
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Electrical and Electronics
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Packaging
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Footwear
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Healthcare
        8.6.1 Market Trends
        8.6.2 Market Forecast
    8.7    Others
        8.7.1 Market Trends
        8.7.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Arkema S.A.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    China National Bluestar (Group) Co. Ltd. (China National Chemical Corporation)
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Formosa Plastics Corporation
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    INEOS Group Ltd.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    KEM ONE
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    LG Chem Ltd.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Mitsubishi Chemical Corporation
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Occidental Petroleum Corporation
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    Saudi Basic Industries Corporation (Saudi Arabian Oil Co.)
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Shin-Etsu Chemical Co. Ltd.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Westlake Chemical Corporation
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
        14.3.12    Xinjiang Zhongtai Chemical Co. Ltd.
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials

List of Figures

Figure 1: Global: Polyvinyl Chloride Market: Major Drivers and Challenges
Figure 2: Global: Polyvinyl Chloride Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Polyvinyl Chloride Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Polyvinyl Chloride Market: Breakup by Product Type (in %), 2021
Figure 5: Global: Polyvinyl Chloride Market: Breakup by Application (in %), 2021
Figure 6: Global: Polyvinyl Chloride Market: Breakup by End Use Industry (in %), 2021
Figure 7: Global: Polyvinyl Chloride Market: Breakup by Region (in %), 2021
Figure 8: Global: Polyvinyl Chloride (Rigid PVC) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Polyvinyl Chloride (Rigid PVC) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Polyvinyl Chloride (Flexible PVC) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Polyvinyl Chloride (Flexible PVC) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Polyvinyl Chloride (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Polyvinyl Chloride (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Polyvinyl Chloride (Pipes and Fittings) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Polyvinyl Chloride (Pipes and Fittings) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Polyvinyl Chloride (Film and Sheets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Polyvinyl Chloride (Film and Sheets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Polyvinyl Chloride (Wire and Cables) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Polyvinyl Chloride (Wire and Cables) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Polyvinyl Chloride (Bottles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Polyvinyl Chloride (Bottles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Polyvinyl Chloride (Profiles, Hoses and Tubings) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Polyvinyl Chloride (Profiles, Hoses and Tubings) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Polyvinyl Chloride (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Polyvinyl Chloride (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Polyvinyl Chloride (Building and Construction) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Polyvinyl Chloride (Building and Construction) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Polyvinyl Chloride (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Polyvinyl Chloride (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Polyvinyl Chloride (Electrical and Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Polyvinyl Chloride (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Polyvinyl Chloride (Packaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Polyvinyl Chloride (Packaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Polyvinyl Chloride (Footwear) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Polyvinyl Chloride (Footwear) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Polyvinyl Chloride (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Polyvinyl Chloride (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Polyvinyl Chloride (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Polyvinyl Chloride (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: North America: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: North America: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: United States: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: United States: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Canada: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Canada: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Asia-Pacific: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Asia-Pacific: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: China: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: China: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Japan: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Japan: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: India: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: India: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: South Korea: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: South Korea: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Australia: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Australia: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Indonesia: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Indonesia: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Others: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Others: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Europe: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Europe: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Germany: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Germany: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: France: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: France: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: United Kingdom: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: United Kingdom: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Italy: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Italy: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Spain: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Spain: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Russia: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Russia: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Others: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Others: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Latin America: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Latin America: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Brazil: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Brazil: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Mexico: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Mexico: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Others: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Others: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Middle East and Africa: Polyvinyl Chloride Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Middle East and Africa: Polyvinyl Chloride Market: Breakup by Country (in %), 2021
Figure 88: Middle East and Africa: Polyvinyl Chloride Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Global: Polyvinyl Chloride Industry: SWOT Analysis
Figure 90: Global: Polyvinyl Chloride Industry: Value Chain Analysis
Figure 91: Global: Polyvinyl Chloride Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Polyvinyl Chloride Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Polyvinyl Chloride Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Polyvinyl Chloride Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Polyvinyl Chloride Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 5: Global: Polyvinyl Chloride Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Polyvinyl Chloride Market: Competitive Structure
Table 7: Global: Polyvinyl Chloride Market: Key Players


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Key Questions Answered in This Report

The global polyvinyl chloride (PVC) market was valued at US$ 41.3 Billion in 2021.

We expect the global polyvinyl chloride (PVC) market to exhibit a CAGR of 4.40% during 2022-2027.

The growing prominence of polyvinyl chloride over wooden frames based on its cost-effectiveness and providing resistance against acids, oils, moisture, etc., is primarily driving the global polyvinyl chloride (PVC) market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous end-use industries for polyvinyl chloride (PVC).

Based on the product type, the global polyvinyl chloride (PVC) market can be categorized into rigid PVC, flexible PVC, and others. Currently, rigid PVC exhibits clear dominance in the market.

Based on the application, the global polyvinyl chloride (PVC) market has been segmented into pipes and fittings, film and sheets, wire and cables, bottles, profiles, hoses and tubings, and others. Among these, pipes and fittings currently represent the largest market share.

Based on the end use industry, the global polyvinyl chloride (PVC) market can be bifurcated into building and construction, automotive, electrical and electronics, packaging, footwear, healthcare, and others. Currently, the building and construction industry accounts for the majority of the total market share.

On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America, where Asia-Pacific currently dominates the global market.

Some of the major players in the global polyvinyl chloride (PVC) market include Arkema S.A., China National Bluestar (Group) Co. Ltd. (China National Chemical Corporation), Formosa Plastics Corporation, INEOS Group Ltd., KEM ONE, LG Chem Ltd., Mitsubishi Chemical Corporation, Occidental Petroleum Corporation, Saudi Basic Industries Corporation (Saudi Arabian Oil Co.), Shin-Etsu Chemical Co. Ltd., Westlake Chemical Corporation, and Xinjiang Zhongtai Chemical Co. Ltd.

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