Polyvinyl Chloride Price Trend Analysis, Historical Chart and Forecast
PVC, or polyvinyl chloride, is a synthetic resin and a thermoplastic polymer. Polyvinyl Chloride is one of the most widely used polymers in the world due to its versatility. Acids, salts, and lipids are few chemicals against which it is recognised for possessing chemical resistance.
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Polymerisation, a process, is used to produce polyvinyl chloride. PVC is the third most widely produced synthetic plastic polymer worldwide.
The top five producers of polyvinyl chloride are China, the US, India, Japan, and Germany. Italy and Turkey are the top importers, on the other hand.
Key Details About the Polyvinyl Chloride Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Polyvinyl Chloride in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline. `
The Polyvinyl Chloride Price Graph, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Polyvinyl Chloride Price Trend:
The industrial applications of polyvinyl chloride, such as those in construction, transportation, electronics, healthcare, and packaging, have an impact on its price trend.
Key Market Players:
• Shin-Etsu Chemical Co., Ltd
• Formosa Plastics Corporation
• Occidental Petroleum Corporation
• LG Chem Ltd.
• Reliance Industries Limited
News and Events:
• January 2021: Shintech announced a capital investment of USD 1.25 billion in January 2021 to support Shin-Etsu Chemical Co. Ltd’s integrated PVC business. Shintech Inc., its US affiliate, will be able to enhance production capacity due to this investment. Shintech estimates that it will be able to produce 5.62 million metric tonnes of PVC each year.
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