Ceresana Analyzes the Global PVC Market: Demand Is Increasing Steadily
Asia-Pacific remains the largest sales market
Changes in regional demand will also have an effect on the production structure of manufacturers. The global PVC capacity of about 50 million tonnes is projected to be expanded by 13 million tonnes by 2019. Almost 80% of these new capacities will be created in the Asia-Pacific region.
Applications and Demand
The most comprehensive report worldwide analyzes how PVC use will develop in individual markets. Most important buyers include manufacturers of pipes and conduits; they accounted for 39% of global PVC demand in 2011. PVC plastic profiles accounted for just less than 20%. Films and sheets had an 18% share. Cables and cable sheathing made up 7% of global PVC demand in 2011. Flooring had a 4% share. Other industrial applications include automotive coatings, medical products like infusion bags, as well as shoes. They accounted for approximately 13% of global demand.
All application areas will see similar demand development over the upcoming eight years. As a result, shares of the individual application areas will shift only slightly by 2019. Pipes and conduits will see the smallest increase in demand of 3.7% per year. However, this sector will remain the largest PVC outlet by 2019.
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