The average global price of polyvinyl chloride (PVC) in 2023 was *** U.S. dollars per metric ton, which represents a decrease from the previous year’s average price of ***** U.S. dollars per metric ton. Global PVC market value The price of PVC is influenced by several factors, such as supply and demand, feedstock costs, environmental regulations, and trade policies. In October 2024, the global monthly market for PVC was valued at *** billion U.S. dollars per metric ton, the lowest valuation since May 2020. What are the alternatives to PVC? PVC is a widely used plastic material that has many applications in various industries, but its environmental and human health impacts present some drawbacks. As a result, there have been a number of efforts to develop alternatives to PVC that use natural, biodegradable, or recyclable materials. Some of these alternative plastic polymers include polypropylene (PP) and polyethylene terephthalate (PET) which offer better recyclability and lower emissions. Paper-based alternatives also exist, which are both renewable and compostable, making them an eco-friendly option for packaging and disposable items. Other alternatives include polylactic acid (PLA), derived from plant sources, which is also biodegradable and ideal for food packaging and 3D printing; wool felt, a natural material with water resistance and insulation properties, suitable for clothing and crafts; and bioplastics, made from renewable biomass sources such as vegetable fats and oils, corn starch, or pea starch. These alternatives offer various benefits and challenges depending on the intended use and material availability.

During Q1 2025, Polyvinyl Chloride (PVC) Suspension Flexible Grade K60 prices in the North American market followed a moderate downward trend, driven primarily by persistent weakness in domestic construction demand and limited export opportunities. Prices opened the quarter at USD 662/MT (DEL Texas, USA) in January and gradually declined to USD 637/MT by the end of March. The early part of the quarter saw temporary supply-side disruptions due to planned maintenance and a brief surge in upstream ethylene costs, which initially stabilized prices.

Polyvinyl rose to 4,974 CNY/T on July 11, 2025, up 0.04% from the previous day. Over the past month, Polyvinyl's price has risen 4.43%, but it is still 16.02% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Polyvinyl.

Global polyvinyl chloride (PVC) prices were *** U.S. dollars per metric ton in October 2024. This was the lowest monthly PVC price since May 2020. The highest price over the past three years was recorded in October 2021, at ***** U.S. dollars per metric ton. Since then, monthly PVC prices have mostly been on a downward trajectory.

Get comprehensive insights into the Polyvinyl Chloride market, with a focused analysis of the Polyvinyl Chloride price trend across Asia, Europe, North America, Latin America, and the Middle East Africa.

Global polyvinyl chloride (PVC) prices have increased significantly in 2021, and reached ***** U.S. dollars per metric ton on March 10, 2021. In *************, winter storm Uri hit the United States, causing an energy crisis in Texas. Chemical plants in Texas suffered power outages, resulting in PVC shortages. Power outages also impacted polypropylene production, driving prices up.

The global polyvinyl chloride market was valued at USD 45 billion in 2023, is expected to grow steadily over the forecast period. It is projected to increase from USD 45 billion in 2023 to cross USD 60 billion by 2034 with a CAGR of 3.7%.

Get the latest insights on price movement and trend analysis of Chlorinated Polyvinyl Chloride in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Polyvinyl Chloride (PVC) prices fell to $973 per ton (CIF, Brazil) in March 2023, a dip of 3.8% compared to the previous month.

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Polyvinyl Chloride (PVC) Market Size 2025-2029

The polyvinyl chloride (PVC) market size is forecast to increase by USD 57.4 billion at a CAGR of 9% between 2024 and 2029.

The market witnesses significant growth, driven by the increasing adoption in electrical and electronics applications. This sector's expansion is attributed to PVC's excellent insulation properties, chemical resistance, and cost-effectiveness. Beyond electronics, growth is also fueled by rising demand in specialty chemicals, furniture manufacturing, and industrial gases sectors where PVC and related materials play a critical role in production and packaging. However, the market faces challenges, primarily from regulatory hurdles and supply chain inconsistencies. Strict environmental regulations, particularly in Europe, limit the use of certain additives in PVC production, necessitating the emergence of halogen-free fire-retardant PVC formulations. This shift towards eco-friendly alternatives presents both opportunities and challenges for market participants. 
On the one hand, it opens up new business prospects across diversified applications; on the other, it requires substantial investment in research and development to meet evolving standards and performance requirements. Furthermore, inconsistencies in the global supply chain, owing to geopolitical instability and fluctuating raw material prices, temper growth potential. To capitalize on the market's opportunities and navigate these challenges effectively, companies must stay abreast of regulatory developments and invest in sustainable production methods and supply chain resilience.

What will be the Size of the Polyvinyl Chloride (PVC) Market during the forecast period?

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The market encompasses a diverse range of applications, from PVC windows and doors to pipes, profiles, membranes, films, and sheets. Sustainability is a significant trend in the PVC industry, with a growing focus on environmental regulations and the development of eco-friendly PVC compounds. PVC's versatility is showcased through various manufacturing processes, including injection molding, extrusion, calendering, and blow molding, which enable the production of PVC resins, profiles, pipes, and films. PVC's durability and cost-effectiveness have made it a preferred choice for industries such as construction and automotive. However, the market faces regulatory compliance challenges, particularly regarding safety standards and the use of additives like plasticizers and stabilizers.
Innovation continues to drive product development, with advancements in PVC product performance and the exploration of new applications, such as vinyl flooring and roofing. The PVC supply chain is intricately linked to the production of various PVC compounds and the implementation of manufacturing processes. The industry's future growth relies on addressing regulatory requirements while maintaining PVC's performance, cost-effectiveness, and versatility. The Polyvinyl Chloride (PVC) Market is driven by advancements in PVC plasticizers, PVC stabilizers, and PVC additives, enhancing material flexibility and strength. Manufacturing techniques like the extrusion process, calendering process, injection molding process, and blow molding process ensure diverse PVC applications across industries. Increasing focus on PVC recycling promotes PVC sustainability, while PVC innovation fuels PVC product development. Rising PVC market demand aligns with strict PVC regulatory compliance, PVC environmental regulations, and PVC safety standards to ensure responsible production. Optimized PVC performance, PVC durability, and PVC cost-effectiveness make PVC a preferred material, driving industry growth and adaptation to evolving needs.

How is this Polyvinyl Chloride (PVC) Industry segmented?

The polyvinyl chloride (PVC) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Raw Material

  Ethylene dichloride
  Acetylene


Application

  Pipes and fittings
  Films and sheets
  Wires and cables
  Others


Product Type

  Rigid PVC (PVC-U)
  Flexible PVC (PVC-P)
  Low-smoke PVC
  Chlorinated PVC (CPVC)


Geography

  North America

    US
    Canada


  Europe

    Germany
    UK


  APAC

    Australia
    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Raw Material Insights

The ethylene dichloride segment is estimated to witness significant growth during the forecast period. Ethylene dichloride (EDC) plays a significant role as a raw material and intermediate in the production of Polyvinyl Chloride (PVC). The process of PVC manufacturing involves the polymerization of vinyl chloride monomers, derived from EDC, en

China Settlement Price: Dalian Commodity Exchange: Polyvinyl Chloride: 3rd Month data was reported at 4,841.000 RMB/Ton in Apr 2025. This records a decrease from the previous number of 5,072.000 RMB/Ton for Mar 2025. China Settlement Price: Dalian Commodity Exchange: Polyvinyl Chloride: 3rd Month data is updated monthly, averaging 6,482.500 RMB/Ton from May 2009 (Median) to Apr 2025, with 192 observations. The data reached an all-time high of 12,360.000 RMB/Ton in Sep 2021 and a record low of 4,530.000 RMB/Ton in Nov 2015. China Settlement Price: Dalian Commodity Exchange: Polyvinyl Chloride: 3rd Month data remains active status in CEIC and is reported by Dalian Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Dalian Commodity Exchange: Commodity Futures: Settlement Price.

China holds the position of being the largest consumer and producer of PVC not only in Asia but globally as well. With an annual PVC capacity of over 26,000 kilotons, China's apparent demand was approximately about 20,000 kilotons, according to Prismane Consulting’s Demand and Supply Database, indicating an excess capacity of around 6,000 kilotons.

This statistic shows the monthly export price of polyvinyl chloride (PVC) in the United States from ************ to *************. In *************, the U.S. export price of PVC was *** U.S. dollars per ton.

The global polyvinyl chloride market size is estimated to reach USD 70156.2 million in 2024. The industry is further estimated to grow at a CAGR of 3.6% through the forecast period. The sector is projected to attain a value of USD 100115.7 million by 2034.

Attributes	Description
Estimated Global Polyvinyl Chloride Market Size (2024E)	USD 70156.2 million
Projected Global Polyvinyl Chloride Market Value (2034F)	USD 100115.7 million
Value-based CAGR (2024 to 2034)	3.6%

Country-wise Insights

Countries	CAGR 2024 to 2034
United States	4.2%
Germany	3.8%
Russia	3.1%
Italy	2.8%
Canada	2.7%

Category-wise Insights

Segment	Rigid PVC (Type)
Value Share (2024)	59.2%

Segment	Building and Construction (End-use)
Value Share (2024)	55.3%

During Q1 2025, the North American Chlorinated PVC (CPVC) market saw an 18% price decline, driven by low production rates, reduced input costs, and moderate demand from the construction sector. In January, limited production and mild inventory depletion led to variable pricing. Winter storm disruptions and rising transportation costs pushed prices slightly higher early in the month, although stable demand from residential and chemical construction offered some support.

Discover the latest news about China's Polyvinyl Chloride Price that has dramatically dropped to $1,026 per ton, and learn what the implications of this change are for the industry and the market at large.

In May 2023, the price of Polyvinyl Chloride was $1,394 per ton (CIF, Poland), showing a decrease of -2.3% compared to the previous month.

This statistic shows the monthly import price of polyvinyl chloride (PVC) in the United States from ************ to *************. In *************, the U.S. import price of PVC was ***** U.S. dollars per ton.

Explore the factors influencing polyvinyl chloride (PVC) prices, including raw material costs, demand and supply dynamics, and global economic conditions. Understand how these variables impact the construction, healthcare, and electronics industries, and discover strategies businesses use to navigate price volatility.

Forecast: Polyvinyl Chloride Market Size Value in Italy 2023 - 2027 Discover more data with ReportLinker!