Global polyvinyl chloride (PVC) prices were 750 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 1,735 U.S. dollars per metric ton. Since then, monthly PVC prices have mostly been on a downward trajectory.

Polyvinyl increased 172 CNY/T or 3.49% since the beginning of 2025, 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.

In Q4 2024, PVC prices in North America followed a declining trend, impacted by weak demand and economic uncertainties. Early in the quarter, prices were affected by low demand from the automotive and construction sectors, coupled with ample inventories and stagnant upstream ethylene and crude oil costs. Seasonal factors and holiday-related disruptions further dampened production rates and delayed imports, contributing to price declines throughout the quarter.

During the last quarter of 2024, the polyvinyl chloride prices in the USA reached 697 USD/MT in December. As per the polyvinyl chloride price chart, the prices slightly fell by around 3.19% compared to the third quarter of the year. Prices showed a downward trend, primarily as a result of weak demand and economic uncertainty.

Explore IMARC’s newly published report, titled “Polyvinyl Chloride Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of polyvinyl chloride pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

The average global price of polyvinyl chloride (PVC) in 2023 was 823 U.S. dollars per metric ton, which represents a decrease from the previous year’s average price of 1,115 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 750 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.

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.

The chlorinated polyvinyl chloride prices in the United States for Q3 2024 reached 2120 USD/MT in September. The market witnessed price instability due to cautious operations amid hurricane season and rising production costs. A decline in construction and plumbing demand indicated a broader industrial slowdown, affecting supply and production. Inflation and currency depreciation also added to pricing challenges, creating market uncertainties.

In 2022, the price of polyvinyl chloride (PVC) resin in India reached 111 Indian rupees per kilogram. Compared to 2015, that was an increase of nearly double.

The price increase of PVC was attributed to rising crude oil, natural gas, and coal prices as well as increased demand.

Global polyvinyl chloride (PVC) prices have increased significantly in 2021, and reached 1,600 U.S. dollars per metric ton on March 10, 2021. In February 2021, 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.

Explore the dynamic PVC market in China, influenced by geopolitical tensions, environmental regulations, robust construction demand, international trade policies, and raw material costs. Understand how these factors shape pricing and challenge stakeholders.

Indonesia Wholesale Price Index: Construction Material: Commodities: PVC Pipes & Complements data was reported at 147.540 2010=100 in Jul 2019. This records an increase from the previous number of 147.440 2010=100 for Jun 2019. Indonesia Wholesale Price Index: Construction Material: Commodities: PVC Pipes & Complements data is updated monthly, averaging 129.260 2010=100 from Jan 2013 (Median) to Jul 2019, with 79 observations. The data reached an all-time high of 147.540 2010=100 in Jul 2019 and a record low of 104.110 2010=100 in Jan 2013. Indonesia Wholesale Price Index: Construction Material: Commodities: PVC Pipes & Complements data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB007: Wholesale Price Index: by Sector: Construction Materials.

This statistic shows the monthly import price of polyvinyl chloride (PVC) in the United States from January 2017 to December 2017. In December 2017, the U.S. import price of PVC was 1,095 U.S. dollars per ton.

Indonesia Wholesale Price Index: Construction Materials: Commodities: PVC Pipe data was reported at 103.850 2018=100 in Apr 2020. This records an increase from the previous number of 103.690 2018=100 for Mar 2020. Indonesia Wholesale Price Index: Construction Materials: Commodities: PVC Pipe data is updated monthly, averaging 103.690 2018=100 from Dec 2019 (Median) to Apr 2020, with 5 observations. The data reached an all-time high of 103.880 2018=100 in Dec 2019 and a record low of 103.560 2018=100 in Jan 2020. Indonesia Wholesale Price Index: Construction Materials: Commodities: PVC Pipe data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB007: Wholesale Price Index: by Sector: Construction Materials.

Explore the factors influencing PVC resin prices including supply-demand dynamics, production costs, and global market trends. Understand how geopolitical tensions and environmental regulations contribute to price volatility in 2023, and learn strategies for businesses to stay informed and negotiate effectively in this evolving market.

The global rigid polyvinyl chloride (PVC) market is experiencing robust growth, driven by increasing demand across diverse sectors. While precise market size data for 2025 isn't provided, based on industry reports and average growth rates for similar materials, a reasonable estimation places the 2025 market value at approximately $50 billion USD. Assuming a conservative Compound Annual Growth Rate (CAGR) of 5% (a figure often cited for mature materials markets experiencing steady growth), the market is projected to reach approximately $66 billion USD by 2033. This growth trajectory is fueled by several key factors. The construction industry, a major consumer of PVC in pipes, windows, and other building materials, is experiencing a global expansion, particularly in developing economies. Furthermore, the rising demand for durable and cost-effective electronic cables and other applications contributes significantly to the overall market expansion. However, environmental concerns surrounding PVC production and disposal, as well as fluctuations in raw material prices, present notable restraints on market growth. The market is segmented by both type (modified and unmodified uPVC) and application (pipes, electronic cables, construction materials, and others). Modified uPVC is likely to hold a larger share due to its enhanced properties, while the construction sector will remain the dominant application segment due to its scale. Key players like Formosa Plastics, Inovyn, LG Chem, and Westlake Chemical are leading the market, competing based on product quality, pricing, and geographic reach. The regional distribution of the rigid PVC market reflects global economic trends. North America and Europe currently hold significant market shares due to established infrastructure and mature industries. However, rapid industrialization and infrastructure development in Asia Pacific, particularly in China and India, are driving substantial growth in these regions. This shift towards Asia-Pacific is expected to continue over the forecast period, leading to a gradual change in the regional market shares. The competitive landscape is highly fragmented, with numerous established players and emerging regional manufacturers vying for market share. Technological advancements in PVC production and the development of more sustainable alternatives will also shape the future of this market, influencing growth rates and competitive dynamics in the coming years. This comprehensive report delves into the global Rigid Polyvinyl Chloride (PVC) market, a multi-billion dollar industry vital to construction, infrastructure, and countless consumer goods. We analyze production, consumption, pricing trends, and market dynamics, providing crucial insights for businesses involved in PVC manufacturing, processing, and application.

Explore the factors influencing PVC pricing in 2023, from raw material costs and supply chain disruptions to global economic conditions and regional market dynamics, along with the impact of environmental regulations.

44609 Global import shipment records of Pvc Resin with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

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Polyvinyl Chloride (PVC) Market Size 2024-2028

The polyvinyl chloride (PVC) market size is forecast to increase by USD 35.03 billion at a CAGR of 7.48% between 2023 and 2028. The market growth analysis for PVC hinges on various factors, notably the increasing utilization of PVC in electrical and electronics applications, driven by its versatility and reliability. Technological advancements in PVC formulations further bolster market expansion, enabling the material to meet evolving industry demands for enhanced performance and sustainability. Additionally, the rising global recycling initiatives underscore the growing emphasis on environmental responsibility, positioning PVC as a preferred choice due to its recyclability and durability. Together, these trends signal promising prospects for the PVC market, fueling innovation and driving its adoption across diverse sectors.

What will be the Market Size During the Forecast Period?

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The market showcases remarkable versatility and utility across various sectors, such as the automotive, electrical, and footwear industries. Renowned for its fire-retarding properties and durability, PVC is a cornerstone material in the construction and packaging industries. It dominates the Asia-Pacific market and contributes significantly to the global polyvinyl chloride market. PVC's attributes, including oil/chemical resistance, abrasion resistance, and good mechanical strength, make it ideal for applications ranging from profiles & tubes to films & sheets. With its lightweight nature, toughness, and footwear industry application, PVC continues to drive innovation and meet the evolving demands of diverse industries.

Market Segmentation

By Raw Material

The market share growth by the ethylene dichloride segment will be significant during the forecast period. Ethylene dichloride (EDC) is an important raw material and intermediate in the production of PVC. EDC provides a high level of purity, contributing to the consistent quality of the PVC produced. Consistency in material properties is crucial for meeting specific performance requirements. PVC made from ethylene dichloride is versatile and can be formulated to meet a wide range of specifications. PVC can be easily processed through various methods, including extrusion, injection molding, and blow molding.

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The ethylene dichloride segment accounted for USD 33.76 billion in 2018. Furthermore, PVC made from EDC is recyclable, and recycling processes have been developed to reclaim and reuse PVC materials. This contributes to sustainability efforts and reduces the environmental impact of PVC products. PVC is a lightweight material, making it easy to handle and transport. This characteristic is advantageous in various applications, especially in construction, where ease of installation is important. Thus, these factors will promote the growth of the EDC segment and boost the growth of the global market during the forecast period.

Market Dynamics

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The global polyvinyl chloride market size reached USD 47.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 65.7 Billion by 2033, exhibiting a growth rate (CAGR) of 3.6% during 2025-2033. The growing demand for durable and flexible materials to manufacture consumer products, rising purchase of personal cars, and increasing focus on strengthening wire insulation and cable sheathing in electronic devices are some of the major factors propelling the market.

IMARC Group provides an analysis of the key trends in each segment of the global polyvinyl chloride market report, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on product type, application, and end use industry.

440 Global import shipment records of Pvc Pipe with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.