Huge Potential Growth in PVC Additives in 2020: Know About Type, Fabrication Process and Application
PVC or also known as polyvinyl chloride is a thermoplastic, which is basically used in a wide range of applications, including rigid sheets & panels, wires & cables, bottles, pipes & fittings, profiles & tubing, and others. PVC additives help in producing products long, lasting, and soft. There is an increasing application of PVC in the construction sector, mining, and other industries, hence helping this market to grow in the future.
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Some of the key players influencing the PVC Additives Industry are
- Adeka Corporation
- Akzo Nobel N.V.
- Arkema SA
- Baerlocher GmbH
- BASF SE
- Clariant AG
- Kaneka Corporation
- PAU Tai Industrial Corporation
- Shandong Ruifeng Chemical Co. Ltd.
- Songwon Industrial Co. Ltd.
The PVC additives market has witnessed significant growth owing to factors such as wider application in pipes & fittings, profiles & tubing, rigid sheet & panel, and others. The rise in the market value can be attributed to the high demand for additive-based PVC, replacement of conventional material with PVC, and growing use of stabilizers in pipes & fittings, window profiles, and other related applications. However, rules and regulations by various government authorities on different raw materials used may hamper the growth of the PVC additives market. Nevertheless, with the steady growth in the chemical processing industry and the construction industry, there are opportunities for the market players to invest in this market.
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The "Global PVC Additives Market Analysis to 2027" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the PVC additives market with detailed market segmentation by type, application, fabrication process, and geography. The global PVC additives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading PVC additives market players and offers key trends and opportunities in the market.