PVC (聚氯乙烯) 化合物的全球市場:2020年∼2027年
Global PVC Compound Market - 2020-2027
PVC (聚氯乙烯) 化合物的用途中，包含瓶子，泡殼包裝膜，冠蓋，連接器，零組件，箱子，辦公室設備，電纜絕緣材料，外裝，膠帶，阻燃性外裝，阻燃劑，合成塑膠聚合物等。2016年的全球PVC化合物的消費量約4,000萬噸，用於廣泛的用途。
本報告提供全球PVC (聚氯乙烯) 化合物市場相關調查分析，產業分析，各市場區隔的市場分析，競爭情形，主要企業等相關的系統性資訊。
PVC (Polyvinyl Chloride) compound has strong, lightweight, durable and versatile characteristics hence preferred for wide range of applications. PVC compounds have excellent electrical insulation properties like flame retardant used for cabling of the telecommunications sectors.
The PVC compound applications includes bottles, blister packaging films, crown caps, connectors, components, boxes, office equipment, cable insulation, sheathing, tapes, flame retardant sheathing, flame retardant and synthetic plastic polymer. As per Our World In Data, the world PVC compound consumption were around 40 million tons in 2016 which is used for such wide range of applications.
PVC compound has two basic forms that is rigid and flexible. The rigid form of PVC has several usage including in building & construction for pipe and in profile applications such as doors and windows. PVC compound flexible form is used in manufacturing of films, sheet, wire cable, pipe fitting, flooring, profile and tubes, and others polyvinyl chloride. The global PVC compound market valued USD XX million in 2019 and it is expected to grow at a CAGR of XX% to reach USD XX million by 2027.
The market is driven by the rising demand of pipe in residential and commercial buildings with growing urbanizations around the globe. Further growing demand for the renovation of residential and commercial buildings in the heating, ventilation and air conditioning, lighting appliances, home decor, and many others have propelled the demand for the PVC compound market.
According the report by International Energy Agency (IEA) and the Global Alliance for Buildings and Construction (GlobalABC), the total expenditure on buildings, construction and renovation were valued around US$ 4.5 trillion in 2018. It created massive demand for the PVC compounded products used in the residential and commercial buildings and constructions around the globe.
There is a rise in the manufacturing facilities related to the supply of polymers to technology PVC compound launched by the leading players owing to surge in industrialization have create huge opportunity for this market during the study period. For instance on 13th Feb 2018, Teijin Company had been established Research & Development facility and resin compound plant in Thailand for further global development. The Company have been established the plant with capacity of 10,000- tons with an investment of around US$ 13 million.
The global PVC compound market is segmented based on product, manufacturing process, raw material, end-user and region.
In terms of product the global PVC compound market is bifurcated into rigid product and flexible product. Among this flexible products segment has the highest share owing to raising the usage of this flexible PVC compound in the infrastructure development and telecommunications sectors.
The flexible wires and cables and increasing demand for the consumer electronics such as personal computer, laptops, smartphones, tablets and other IT devices made from the PVC compound have been increased the demand especially in the developing regions like China and India.
According to the India Brand Equity Foundation Organization the electronics market in India is expected to reach US$ 400 billion in 2020 from US$ 100 billion in 2017 which is growing with a CAGR of 41% during 2017-20. Further the rigid segment is also growing at fastest pace owing to increasing the demand in the building & constructions sectors in the residential and commercial regions due to urbanizations around the globe.
Depending upon the manufacturing process, the global PVC compound market is divided into injection molding, extrusion and others. Among this extrusion has the highest market share in 2019, this is due to rising the manufacturing of the plastic components used in the electronics, automotives, aerospace and military sector.
According to the International Council on Ocean Transportation in 2018, the new car sale had been reached to over 15.1 million units. This has been propelled the demand for plastic components made from the PVC compound in the European region. Similarly, extrusion segment is also growing at faster pace owing to increase in the demand of PVC compound made extruded products in the agricultural, residential and commercial building for making pipes, light fitting channels, etc.
Depending on the raw material, the global PVC compound market is divided into PVC resin, plasticizers, stabilizers, lubricants, fillers, functional additives, alloying polymers and others. Among this PVC resins has the highest market share in 2019, this is rising the consumption of the resins for the production of plastics and rubbers. For the wide which is used in wide range of packaging of various products including in the food and beverages, consumers electronics and many others.
Further this segmental growth is attributed by the launch of new advanced technology based resins by the key players for various end users industries, For instance on 25th October 2019, Mitsubishi Chemical in collaboration with Atum3D have developed new UV resin for DLP Station printer.
Further plasticizers, stabilizers, lubricants, fillers, functional additives, alloying polymers segments are also growing at fastest rate owing to raising the demand in various industries including automobile, building & constructions and many others.
Depending on the end-user, the global PVC compound market is divided into medical, building and construction, packaging, automotive, consumer goods, electrical & electronics and others. Among this building and construction segment has the highest share in 2019, this is owing to surge in the global building and infrastructure developments projects and growing residential & commercial sector with rising urbanizations.
According to Our World In Data, the urban population reached to around 4.2 billion in 2018 around the globe and is projected to reach 7 billion people by 2050 worldwide. This will boost the building and construction sector for living in the urban areas which directly increase the demand of PVC compound products used in these sectors.
Similarly Medical, Packaging, Automotive, Consumer Goods and Electrical & Electronics segments are also growing at fastest pace owing to rising the consumers spending and increasing the global population.
By region, the global PVC compound market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East, and Africa. Among all of the regions, Asia-Pacific is dominating global PVC compound market and expected to grow at the highest CAGR during the forecasted period due to growing the manufacturing facilities and raising investment for building and construction sites with rising population followed by North America region.
Growing infrastructure development projects and rise in foreign investment in the Asia-Pacific has created huge demand for the PVC compound market in this region, According to the UNSCAP Report, the Asia-Pacific region received the highest Foreign Direct Investment inflows, which has attracted 45% of global FDI inflows in 2018.
The region has received around US$ 585 billion investment with largest share among countries such as China, India, and Japan during the fiscal year 2019 respectively. This creates huge demand for the PVC compound market for the infrastructure development projects and for industrial sector.
North America is the also growing at faster pace for the PVC compound market, owing to presence of the growing energy demand with industrialization. It will propel the demand for the PVC compound market in various industries such as aerospace, healthcare equipment's, automotive and many more.
The global PVC compound market is highly competitive with the presence of several international and local markets. Product diversification, revenue generation, and opportunities intensify the market competition. Roscom, Thai Plastics, Mazda Plastic, Aurora Plastics, ChemChina, Konnark Polymer, Thevinyl, ACTEGA, Mexichem, PolyOneCary Compound, and Sylvin Technologies Group are the leading market players with significant market share.
Companies are entering into the collaborations, acquisitions, mergers, and licensing for increasing their market penetration. For instance on 22nd Jan 2018, the Company Mexichem has been acquired Sylvin Technologies Inc. for US$39 million which has expanded its compounds business in the U.S. Market with a strong team and a complementary product and application portfolio.