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PUNE, India , Sept. 14, 2022 /PRNewswire/ -- According to a recent market study published by Growth Market Reports, titled, "Global Polyvinyl Chloride (PVC) Market" by Types (Rigid and Flexible), by Applications (Pipes & Fittings, Films & Sheets, Profiles & Tubes, Cables, Bottles, and Others), by End-users (Construction, Automotive, Packaging, Consumer Goods, and Others), and Regions: Size, Share, Trends and Opportunity Analysis, 2021-2030", the market was valued at USD 63.04 billion in 2021 and is expected to expand at a CAGR of 3.6% during the forecast period. The global polyvinyl chloride (PVC) market is projected to expand at a rapid pace, due to the rising use of PVC in electrical and electronic materials.

Key Market Players Profiled in the Report

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include types, technologies, enterprises, applications, industry verticals, and competitor analysis.

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This report also includes a complete analysis of industry players that covers their latest developments, product portfolio, pricing, mergers, acquisitions, and collaborations. Moreover, it provides crucial strategies that are helping them to expand their market share.

Highlights on the segments of the Polyvinyl Chloride (PVC) Market

In terms of types, the global polyvinyl chloride (PVC) market is bifurcated into rigid and flexible. The flexible segment is anticipated to expand at a sustainable CAGR during the forecast period, owing to rising demand for PVC from various end-users for various applications, due to its flexible property. Moreover, in the construction industries, flexible materials are chosen for manufacturing cables, pipes, flooring, coverings, and fencing applications.

Based on applications, the global polyvinyl chloride (PVC) market is segmented into pipes & fittings, films & sheets, profiles & tubes, cables, bottles, and others. The cables segment is expected to grow at a significant pace during the forecast period, owing to the increasing adoption of PVC for electrical & electronics applications by consumers.

Based on regions, the market is segmented into five major regions, namely, North America , Europe , Asia Pacific , Latin America , and the Middle East & Africa . The market in the Asia Pacific is projected to expand at a significant CAGR during the forecast period, due to the high use of PVC in the electronics sector. China is growing at a rapid pace as it accounts for large production of electronics.

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Key Takeaways from the Study:

Read 196 Pages Research Report with Detailed ToC on "Global Polyvinyl Chloride (PVC) Market" by Types (Rigid and Flexible), by Applications (Pipes & Fittings, Films & Sheets, Profiles & Tubes, Cables, Bottles, and Others), by End-users (Construction, Automotive, Packaging, Consumer Goods, and Others), and Regions (North America , Latin America , Europe , Asia Pacific , and Middle East & Africa ) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2030"

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Growth Market Reports provides global enterprises as well as medium and small businesses with unmatched quality "Market Research Reports" and "Industry Intelligence Solutions". Growth Market Reports has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, and secondary research & consumer surveys.

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