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Lucintel Forecasts Pvc Compound Market To Reach $15.1 Billion By 2026
According to the recent study the PVC compound market is projected to reach an estimated $15.1 billion by 2026 at a CAGR of 5.2% from 2021 to 2026. Growth in this market is primarily driven by growth in building and construction activities and increasing demand for consumer electronics.
Browse 113 figures / charts and 79 tables in this 190 -page report to understand trends, opportunities and forecast in PVC compound market by application (film and sheet, wire and cable, pipe and fitting, flooring, profile and tubes, and others), end use (electrical and electronics, building and construction, packaging, automotive, and others), product type (rigid, and flexible PVC), manufacturing process (injection molding, extrusion, and others) and region (North America, Europe, Asia Pacific and the Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link – https://www.lucintel.com/pvc-compound-market.aspx
“Film and sheet market is expected to remain the largest segment during the forecast period.”
Based on application, the PVC compound market is segmented into ...
... film and sheet, wire and cable, pipe and fitting, flooring, profile and tubes, and others. Lucintel forecasts that the film and sheet is expected to witness the largest segment over the forecast period and it is also expected to witness the highest growth in the forecast period due to increasing demand of food packaging in the emerging nations.
“Within the PVC compound market, the electrical and electronics segment is expected to remain the largest end use industry”
Based on end use industry, the electrical and electronics segment is expected to witness the largest end use industry over the forecast period over the forecast period due to growth in wire & cable and consumer electronics market.
“Asia Pacific will dominate the PVC compound market in near future”
Asia Pacific is expected to be the largest region over the forecast period and witness the highest growth over the forecast period due to increasing demand for pipe & fitting, wire & cable, and profiles.
Download Brochure of this report by clicking on https://www.lucintel.com/pvc-compound-market.aspx
Major players of PVC compound market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Westlake, INEOS, Mexichem, Formosa Plastics, PKN Orlen, Ercros, Teknor Apex, Benvic, Aurora Plastics, and Roscom and others are among the major PVC compound providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/pvc-compound-market.aspx or email@example.com
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com
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