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In a recently published report, Global PVC Stabilizer market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global PVC Stabilizer Market products.
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It is also anticipated to grow on account of the growing demand for chemicals from the end users, backed by the increasing consumption of chemicals across different industries and the rising need for advanced chemicals. In India, the production of major chemicals and petrochemicals during the period 2020-2021 was close to 12000 thousand MT. Additionally, between the period 2015-16 and 2019-20, the production of the chemicals and petrochemicals in the nation grew at a CAGR of close to 6%.
Polyvinyl chloride (PVC) is thermally unstable at processing temperature, but it is also one of the most important commercial plastic materials used. Therefore, in order to process it at the elevated temperature, a stabilizer is needed. The PVC currently has a wide range of applications and therefore for every different application, different stabilizers are used.The PVC stabilizer market globally has been estimated at XX million in 2016 and is projected to reach XX million by 2022, at a rate of 4.1% CAGR during the forecast period.
Market Dynamics
The major factor driving the CVC market growth is the huge growth in the construction and the piping industry. The increase in usage of PVC in various applications along with the replacement of conventional materials by PVC in various applications are also driving factors for this market.
As Europe has banned lead as a PVC stabilizer along with other heavy metal and also as the stabilizer market is leaning towards vinyl free alternatives, these are some of the drivers for this market.According to some research as the decomposition of PVC also poses a hazardous risk of hydrochloric acid release in the environment, this is also a restraint for this market.Fluctuation in price of the raw materials used for the manufacturing of the PVC is also a restraint.
As there are prohibitions imposed by some countries in the use of PVC for constructing Green Buildings, this is the only major challenge posed by the PVC market.
Market Segmentation
The market for Global PVC Stabilizer is divided by two major categories, they are
1) By Type
Calcium based
Lead based
Organotin based
Tin based
Barium based
2) By End User Industry
Construction
Piping
Clothing
Furniture
Construction
Electrical
Flooring
Healthcare
Others
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Geographic Analysis
Currently country wise China is dominating the PVC stabilizers market and has registered the maximum share in 2015 and 2016. China is trailed closely by the U.S which is then followed by Japan and Germany in the market share of the PVC stabilizers. The Asia-Pacific region is the current market leader of the PVC stabilizers with more than half of the total market share. This trend will be followed during the forecasted period as the economical and industrial growth in India and China requires a huge amount of PVC in these countries, which in turn requires the usage of PVC stabilizers.
Key Players
AddivantUsa, Llc., Akcros Chemicals Ltd., Akzonobel N.V., Arkema SA, Baerlocher GMBH, Basf SE, Clariant AG, Patcham FZC, Pau Tai Industrial Corporation, Songwon Industrial Company Limited, Sun Ace
Report ContentsRegional AnalysisReport Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
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About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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