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European PVC Compound Market Trends and Forecast
The future of the European PVC compound market looks promising with opportunities in the building & construction, electrical & electronics, packaging, automotive, consumer goods, and other applications. The PVC Compound market is expected to reach an estimated$1.95 billion by 2030 with a CAGR of 2% 2023 to 2030. The major drivers for this market are increasing construction activities, increased demand for lightweight and corrosion-resistant materials, growing demand for pipe and fitting products, and recyclability.Emerging Trends in the European PVC Compound Market
Emerging trend, which has a direct impact on the dynamics of the industry; include the adoption of bio-based PVC compound.European PVC Compound Market by Segment
The study includes trends and forecast for the Europe PVC compound market by application, product type, end use, manufacturing process, and region as follows:European PVC Compound Market by Applications [Value ($M) and Volume (KT) Shipment Analysis for 2018 - 2030]:
- Pipes and Fittings
- Profiles and Tubes
- Film and Sheets
- Wires and Cables
- Flooring
- Medical
- OthersEuropean PVC Compound Market by Product Type [Value ($M) and Volume (KT) shipment analysis for 2018 - 2030]:
- Rigid PVC
- Flexible PVCEuropean PVC Compound Market by End Use [Value ($M) and Volume (KT) shipment analysis for 2018 - 2030]:
- Electrical & Electronics
- Building & Construction
- Packaging
- Automotive
- Consumer Goods
- OthersEuropean PVC Compound Market by Manufacturing Process [Value ($M) and Volume (KT) shipment analysis for 2018 - 2030]:
- Injection Molding
- Extrusion
- Other Manufacturing Processes
List of European PVC Compound Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies European PVC Compound companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the European PVC Compound companies profiled in this report include.- Westlake Corporation
- INEOS Compound
- Orbia
- Formosa Plastic Corporation
- Ercros
- Teknor Apex
- ICIG (Benvic Group)
European PVC Compound Market Insight
- Pipes and fittings, profiles and tubes, films and sheets, wires and cables, and floorings are the major applications of PVC compound market. The publisher forecasts that film and sheets will remain the largest segment over the forecast period due to increasing demand of food packaging in the emerging nations and pipes and fittings is expected to witness the highest growth over the forecast period.
- Building and construction will remain the largest end use and consumer goods segment is expected to witness the highest growth during the forecast period..
European PVC Compound Market
- Market Size Estimates: PVC Compound market size estimation in terms of value ($M) and Volume (KT)
- Trend and Forecast Analysis: Market trends (2018-2023) and forecast (2024-2030) by various segments and regions.
- Segmentation Analysis: PVC Compound market size by various segments, such as application, product type, end use, manufacturing process, and region in terms of value and volume.
- Growth Opportunities: Analysis on growth opportunities in different application, product type, end use, manufacturing process, and region for the European PVC compound market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the European PVC Compound market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is theEuropean PVC Compound size?Answer: The European PVC Compound is expected to reach an estimated to$1.95 billion by 2030.
Q2. What is the growth forecast forEuropean PVC Compound market?
Answer: The European PVC compound market is expected to grow at a CAGR of 2% from 2023 to 2030.
Q3. What are the major drivers influencing the growth of theEuropean PVC Compound market?
Answer: The major drivers for this market are increasing construction activities, increased demand for lightweight and corrosion-resistant materials, growing demand for pipe and fitting products, and recyclability.
Q4. What are the major end usesEuropean PVC Compound?
Answer: Building and Construction, and Electrical and electronics are the major end uses for PVC compound.
Q5. What are the emerging trends ofEuropean PVC Compound market?
Answer: Emerging trend, which has a direct impact on the dynamics of the industry, include development of molecular orientation technology.
Q6. Who are theEuropean PVC Compound companies?
Answer: Some of the key European PVC Compound companies are as follows:
- Westlake Corporation
- INEOS Compound
- Orbia
- Formosa Plastic Corporation
- Ercros
- Teknor Apex
- ICIG (Benvic Group)
Answer: The publisher forecasts that film and sheets will remain the largest segment over the forecast period due to increasing demand of food packaging in the emerging nations and pipes and fittings is expected to witness the highest growth over the forecast period.
Q9. Do we receive customization in this report?
Answer: Yes, the publisher provides 10% Customization Without any Additional Cost.
This report answers the following 10 key questions
Q.1 What are some of the most promising potential, high-growth opportunities for the European PVC compound market by application (pipes and fittings, profiles and tubes, film and sheets, wires and cables, flooring, medical and other applications), product type (rigid PVC and flexible PVC), end use (building & construction, electrical & electronics, packaging, automotive, consumer goods and other end uses), manufacturing process (injection molding, extrusion, and other manufacturing processes).Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What M & A activities have taken place in the last 5 years in this market?
Table of Contents
1. Executive Summary
2. PVC Compound Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Competitor Analysis
5. Growth Opportunities and Strategic Analysis
6. Company Profiles of Leading Players
Companies Mentioned
- INEOS Compounds
- Westlake Corporation
- Orbia
- Ercros
- Teknor Apex
- Formosa Plastic Corporation
- ICIG (Benvic Group)
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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