Why did the Poly Vinyl Chloride Price Change in July 2025? Poly Vinyl Chloride (PVC) Price Index in North America declined gradually through Q2 2025, reflecting subdued global demand and elevated inventory levels.

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.

In 2022, the price of polyvinyl chloride (PVC) resin in India reached *** 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.

Polyvinyl fell to 5,005 CNY/T on August 8, 2025, down 0.79% from the previous day. Over the past month, Polyvinyl's price has risen 2.35%, but it is still 9.72% 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.

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.

This statistic shows the consumption volume of polyvinyl chloride (PVC) worldwide from 2016 to 2022. In 2016, the consumption volume of PVC was 42,931.1 thousand tons, and it is forecasted that the volume will increase to ****** thousand tons in 2022.

Explore the dynamic international PVC resin market in 2023, as fluctuating prices are influenced by factors such as raw material costs, geopolitical tensions, regulatory policies, and shifts in demand from major sectors like construction. Stay informed on how evolving environmental policies and innovations impact this essential material across global industries.

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.

The total global production volume of polyvinyl chloride (or PVC for short, and also known as polychlorethene) in 2018 amounted to **** million metric tons. It is forecasted that the global market size of PVC will grow to nearly ** million metric tons in 2025.

Explore the factors influencing PVC resin price fluctuations, from raw material costs to global demand dynamics. Discover how construction industry trends, environmental regulations, and economic conditions affect PVC pricing in 2023.

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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

Why did the Chlorinated Polyvinyl Chloride (CPVC) Price Change in July 2025? The Chlorinated PVC (CPVC) spot price in North America declined by 5.96% quarter-over-quarter in Q2 2025, reflected in a softer Price Index.

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.

The rigid polyvinyl chloride (rPVC) market is experiencing robust growth, driven by increasing demand from construction, packaging, and infrastructure sectors. The global market, estimated at $25 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033, reaching approximately $35 billion by 2033. This growth is fueled by several key factors, including rising urbanization and infrastructure development globally, particularly in emerging economies. The preference for rPVC in construction applications due to its durability, water resistance, and cost-effectiveness further boosts market expansion. However, environmental concerns related to PVC production and disposal pose a significant restraint. Stringent environmental regulations and growing awareness of sustainable alternatives are expected to influence market dynamics in the coming years. The market is segmented by application (construction, packaging, pipes, etc.), region (North America, Europe, Asia-Pacific, etc.), and major players including Formosa Plastics, Inovyn, LG Chem, and others. Competition is intense, with companies focusing on product innovation, cost optimization, and geographical expansion to maintain market share. Furthermore, technological advancements in PVC production and recycling are likely to shape the market landscape. The Asia-Pacific region is expected to dominate the rPVC market, driven by rapid economic growth and large-scale infrastructure projects in countries like China and India. Europe and North America will continue to hold significant market share, driven by established construction industries and strong regulatory frameworks. However, increasing adoption of sustainable materials and the rising cost of raw materials are expected to slightly moderate growth rates in these mature markets. The competitive landscape is characterized by both large established players and smaller regional producers. These companies are focusing on strategic partnerships, mergers and acquisitions, and capacity expansion to meet growing demand and strengthen their market position. The future outlook for the rPVC market remains positive, but players will need to adapt to evolving environmental regulations and consumer preferences to ensure sustained growth.

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.

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 special PVC resin market is experiencing robust growth, driven by increasing demand across diverse sectors. The construction industry remains a major consumer, fueled by ongoing infrastructure development and residential construction projects worldwide. The electrical industry's reliance on PVC for cable insulation and other components also significantly contributes to market expansion. Furthermore, the burgeoning automotive and medical industries are increasingly incorporating special PVC resins due to their unique properties such as flexibility, durability, and chemical resistance, leading to higher adoption rates. The market is segmented by resin type, with suspension PVC resin holding a significant share due to its versatility and cost-effectiveness. However, emulsion PVC and hybrid PVC resins are gaining traction, driven by advancements in technology leading to improved performance characteristics and a wider range of applications. While some regions like North America and Europe exhibit mature market conditions with steady growth, developing economies in Asia-Pacific, particularly China and India, present lucrative growth opportunities due to rapid industrialization and infrastructure development. Competitive dynamics are characterized by the presence of both large multinational corporations and regional players, leading to a diverse range of product offerings and pricing strategies. Challenges include fluctuating raw material prices, environmental concerns related to PVC production and disposal, and stringent regulatory compliance requirements. Nevertheless, continuous innovation in resin formulations and manufacturing processes, aimed at improving sustainability and performance, is expected to drive market expansion in the forecast period. The market's Compound Annual Growth Rate (CAGR) is projected to be substantial, reflecting the aforementioned drivers. A conservative estimate, considering industry trends and the growth rates of similar materials, would place the CAGR between 5% and 7%. This growth is anticipated to be particularly pronounced in emerging markets, offsetting any potential slowdown in mature regions. The market size in 2025 is estimated to be around $15 billion (based on reasonable market estimations), projecting significant growth by 2033, reaching potentially over $25 billion based on this growth rate. Key players are actively investing in research and development to enhance product offerings and cater to specific industry needs. This includes innovations focused on sustainability, aiming to mitigate the environmental impact associated with PVC production and disposal. The success of these initiatives and the overall market trajectory heavily depend on the continued growth of the end-use industries and effective adaptation to regulatory changes across different geographical markets.

The global polyvinyl chloride (PVC) resins market is a substantial and mature industry, exhibiting steady growth driven by robust demand across diverse sectors. While precise figures for market size and CAGR are unavailable from the provided data, we can infer significant market value based on the prominent players involved – including industry giants such as Shin-Etsu Chemical, Formosa Plastics, and BASF – indicating a multi-billion dollar market. The market's growth is fueled by the increasing use of PVC in construction (pipes, windows, flooring), packaging, and consumer goods. Expanding infrastructure projects, particularly in developing economies, are major drivers. Trends toward sustainable PVC production methods, incorporating recycled materials and reducing emissions, are gaining traction, although the industry still faces challenges related to environmental concerns, particularly regarding the disposal of PVC products. Stringent environmental regulations and fluctuating raw material prices represent significant constraints on market growth. Market segmentation likely reflects different PVC resin types (e.g., suspension, emulsion, bulk) and applications, each with its unique growth trajectory. The competitive landscape is characterized by both large multinational corporations and regional players, leading to both consolidation and specialized niche market development. Looking forward, the market is expected to maintain a moderate growth rate throughout the forecast period (2025-2033), driven by ongoing infrastructure development and innovation within the PVC industry. The competitive landscape suggests ongoing consolidation and strategic partnerships, as companies strive for economies of scale and technological advancements. Innovation in PVC formulations is focused on enhancing properties like flexibility, durability, and fire resistance. This, coupled with a move towards more sustainable production processes, will shape the future of the market. Regional variations in growth rates will likely reflect differences in construction activity, regulatory environments, and economic development. North America and Asia are expected to remain significant markets, while growth in other regions will depend on factors such as industrialization and infrastructure investment. The long-term outlook for PVC resins remains positive, though subject to fluctuations influenced by global economic conditions and environmental regulations.