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.

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 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.

Polyvinyl fell to 4,944 CNY/T on July 17, 2025, down 0.12% from the previous day. Over the past month, Polyvinyl's price has risen 2.76%, but it is still 14.89% 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.

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.

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.

Graph and download economic data for Producer Price Index by Commodity: Rubber and Plastic Products: Plastics Water Pipe (WPU072106033) from Dec 2011 to Jun 2025 about plumbing, water, rubber, plastics, commodities, PPI, inflation, price index, indexes, price, and USA.

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.

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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

Track PVC price trends with monthly, quarterly, and yearly data for 2024–2025. Get expert forecasts, regional price comparisons, and insights into key market drivers affecting PVC rates.

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%.

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.

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.

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.

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.

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.

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.

Graph and download economic data for Producer Price Index by Industry: Plastics Pipe and Pipe Fitting Manufacturing: Plastics Water Pipe (PCU32612232612213) from Jun 1987 to May 2025 about water, plastics, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

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.