In the financial year of 2019, the total consumption volume of PVC compounds across India was a negative 7.7 thousand metric tons.
PVC is a sturdy and lightweight material that resists abrasion, chemical corrosion, and the elements. It resists fire. In architecture and construction, PVC is frequently utilized for various purposes, including pipelines, windows, flooring, roofing, and lightweight buildings. Stabilizers made of calcium, lead, and tin are widely used in construction. Due to driving factors like rising demand from the building and construction industry because of its anti-oxidation qualities, the worldwide PVC stabilizer market is growing significantly. Applications of PVC are replacing traditional and antiquated polymers; this substitution of PVC over conventional practice is accelerating the exponential market expansion of PVC stabilizers.
In addition, the market expansion is being boosted by the growing use of tin stabilizers in food contact and potable water applications. Injection and stiff medical applications, including blow molding, extrusion, and calendaring, also employ some tin stabilizers. Moreover, numerous innovations made by key industry players are stimulating market expansion. For instance, bio-based and organic stabilizers replace conventional lead and calcium-zinc stabilizers in manufacturing PVC pipes. Additionally, it is anticipated that rising manufacturers' research and development (R&D) investments to launch new product variations will fuel market expansion.
Growing Uses of PVC Stabilizers in Various Sectors
The principal applications for PVC stabilizers include the production of pipes and fittings, window profiles, rigid and semi-rigid films, wires and cables, coatings, and flooring.
Rising Usage in Construction Industry
PVC pipes are used in construction because they are less expensive, maintenance-free, and offer significant production energy savings compared to conventional materials. For sewage, waste, and water systems, PVC pipes are frequently utilized. PVC pipes have smooth surfaces that enable frictionless free flow and resist buildup, scaling, and corrosion. Furthermore, it is simple to link PVC pipes together using solvent cement, heat-fusing, or permanent leak-proof joints.
Market Segmentation
Global PVC Stabilizers Market is segmented based on
Market players
AkzoNobel N.V., BASF SE, Baerlocher GmbH, Clariant AG, Arkema SA, Addivant USA LLC, Valtris Specialty Chemical, Sun Ace Kakoh, Chemcon Speciality Chemicals and Songwon Industrial Co. Ltd. are some of the key players operating in the market.
Attribute | Details |
Base Year | 2022 |
Historic Data | 2018 – 2021 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Quantitative Units | Revenue in USD Million, Volume in metric tons, and CAGR for 2018-2022 and 2023-2028 |
Report coverage | Revenue forecast, Volume Forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · By Product Type · By End-Use |
Regional scope | Europe, North America, Asia Pacific, Middle East & Africa |
Country scope | Germany; France; United Kingdom; Russia; Sweden; Denmark; Switzerland; United States; Canada; Mexico; China; India; Japan; Australia; South Korea; South Africa; UAE, Saudi Arabia. |
Key companies profiled | AkzoNobel N.V., BASF SE, Baerlocher GmbH, Clariant AG, Arkema SA, Addivant USA LLC, Valtris Specialty Chemical, Sun Ace Kakoh, Chemcon Speciality Chemicals and Songwon Industrial Co. Ltd. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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