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.

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.

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.

Explore the PVC resin market influenced by production costs, global demand, supply chains, and geopolitical factors. Understand how environmental regulations, inflation, and economic activity impact pricing and demand for this versatile thermoplastic polymer.

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 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.

Polyvinyl fell to 4,800 CNY/T on July 1, 2025, down 1.84% from the previous day. Over the past month, Polyvinyl's price has risen 3.27%, but it is still 19.87% 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.

Explore the factors affecting PVC resin prices, including raw material costs, global demand, supply dynamics, exchange rates, and environmental regulations. Understand how these variables impact PVC production and pricing in various industries like construction and automotive.

Graph and download economic data for Producer Price Index by Industry: Plastics Material and Resin Manufacturing (PCU325211325211) from Jun 1976 to May 2025 about resin, plastics, materials, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Explore the current state of PVC resin prices, influenced by crude oil costs, industrial demand, trade conditions, and sustainable practices. Discover how economic and environmental factors shape the market trends for this crucial material in plastics and manufacturing industries.

According to Cognitive Market Research, the global PVC Resins Market size will be USD 41581.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.20% from 2024 to 2031.

North America was the major market, accounting for more than 40% of global revenue. Its market size was USD 16632.48 million in 2024, and it will grow at a compound annual growth rate (CAGR) of 2.4% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 12474.36 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 9563.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 2079.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.6% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 831.62 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.
The Dashboards held the highest PVC Resins Market revenue share in 2024.

Market Dynamics of PVC Resins Market

Key Drivers of PVC Resins Market

Construction Industry Growth to Increase the Demand Globally

The growth of the construction industry is poised to significantly increase the demand for various materials and products globally. As urbanization accelerates and infrastructure projects expand worldwide, the construction sector emerges as a pivotal driver of economic development and societal progress. The demand for residential, commercial, and industrial buildings, along with infrastructure projects such as roads, bridges, and utilities, continues to rise, propelled by population growth, urban migration, and government initiatives for sustainable development. Within this context, the need for construction materials such as cement, steel, timber, and plastics, including PVC (Polyvinyl Chloride), experiences a notable surge. PVC, renowned for its versatility, durability, and cost-effectiveness, finds extensive use in construction applications, including pipes, fittings, profiles, and siding. As construction activities thrive globally, particularly in emerging markets and developing economies, the demand for PVC and other construction materials is expected to witness substantial growth. This trend underscores the symbiotic relationship between the construction industry and the broader economy, as investments in infrastructure and real estate drive job creation, stimulate economic growth, and improve living standards.

Automotive Sector Expansion to Propel Market Growth

The expansion of the automotive sector is poised to serve as a significant catalyst for market growth globally. As the automotive industry undergoes rapid transformation driven by technological advancements, shifting consumer preferences, and regulatory requirements, the demand for various materials and components is witnessing a substantial uptick. Within this context, materials such as PVC (Polyvinyl Chloride) play a crucial role in automotive applications, including interior trim, upholstery, electrical components, and under-the-hood parts. The automotive sector's growth is fueled by factors such as rising vehicle production, increasing consumer purchasing power, and the proliferation of electric and autonomous vehicles. Additionally, advancements in lightweight technologies, safety features, and connectivity solutions are driving the demand for innovative materials that offer performance, durability, and cost-effectiveness. PVC, known for its versatility, affordability, and ease of processing, is well-positioned to capitalize on these trends and meet the evolving needs of automotive manufacturers.

Restraint Factors Of PVC Resins Market

Substitution by Alternatives to Limit the Sales

The PVC (Polyvinyl Chloride) industry faces a challenge from the substitution of its products for alternative materials, which could potentially limit sales growth. As environmental and regulatory concerns escalate, industries and consumers are increasingly seeking alternatives to PVC due to its perceived environmental and health impacts. Materials such as polyethylene (PE), polypropylene (PP), bioplastics, and other eco-friendly alternatives are gaining traction as substitutes for PVC in various appli...

Polyvinyl Chloride (PVC) Resins Market Outlook

The global market size for Polyvinyl Chloride (PVC) resins was valued at approximately $57 billion in 2023 and is projected to reach around $85 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.5% during the forecast period. This impressive growth can be attributed to increasing demand from the construction sector, advancements in manufacturing technologies, and growing applications in various end-user industries.

One of the primary growth factors for the PVC resins market is its extensive use in the building and construction industry. PVC resins are integral in manufacturing pipes, fittings, and profiles used in residential and commercial buildings. The increasing urbanization and infrastructure development, particularly in emerging economies, are driving the demand for PVC resins. Additionally, the material's durability, cost-effectiveness, and ease of installation make it a preferred choice among construction professionals, further bolstering market growth.

The automotive industry also significantly contributes to the growth of the PVC resins market. PVC resins are used in manufacturing various automotive components, such as cables, interior trim, and under-the-hood applications. The industry's shift towards lightweight materials to improve fuel efficiency and reduce emissions is encouraging the adoption of PVC resins. Moreover, the increasing production of electric vehicles, which also utilize PVC resins for wiring and components, is expected to further drive the market's expansion.

Technological advancements in PVC resin production are another key factor propelling market growth. Innovations in polymerization techniques and the development of new additives have enhanced the performance characteristics of PVC resins, such as improved thermal stability, flame retardancy, and reduced environmental impact. These advancements are expanding the application range of PVC resins, leading to increased demand from various industries, including healthcare, where PVC is used in medical devices and packaging.

The regional outlook for the PVC resins market indicates significant growth potential in the Asia Pacific region. This region is expected to witness the highest CAGR during the forecast period, driven by rapid industrialization, urbanization, and infrastructure development in countries like China and India. North America and Europe also present substantial market opportunities due to the presence of well-established construction, automotive, and healthcare industries. Latin America, the Middle East, and Africa are expected to show moderate growth, with increasing investments in infrastructure and industrial development.

Taiwan PVC has emerged as a significant player in the global PVC resins market, leveraging its advanced manufacturing capabilities and strategic geographic location. The country's PVC industry benefits from a robust supply chain and a strong focus on quality and innovation. Taiwanese manufacturers have been able to cater to the increasing demand for PVC resins in various applications, including construction, automotive, and electronics. The government's supportive policies and investments in infrastructure development further bolster the growth of Taiwan's PVC sector. As a result, Taiwan PVC is well-positioned to capitalize on the growing opportunities in the Asia Pacific region and beyond, contributing to the overall expansion of the PVC resins market.

Product Type Analysis

The PVC resins market is segmented into various product types, including rigid PVC, flexible PVC, low-smoke PVC, and chlorinated PVC. Rigid PVC, also known as unplasticized PVC (uPVC), is widely used in construction applications due to its high strength and durability. It is commonly utilized in manufacturing pipes, window frames, and profiles. The demand for rigid PVC is driven by the construction industry's growth, particularly in emerging economies where infrastructure development is a priority.

Flexible PVC, on the other hand, contains plasticizers that make it softer and more flexible than its rigid counterpart. This type of PVC is used in applications such as cables, flooring, and medical devices. The versatility and ease of processing of flexible PVC make it suitable for a wide range of applications, contributing to its significant market share. The healthcare sector, in particular, is a major consumer of flexible PVC, utiliz

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.

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

The global Polyvinyl Chloride (PVC) resins market is experiencing robust growth, driven by increasing demand across diverse sectors. The construction industry, a major consumer of PVC for pipes, windows, and siding, fuels significant market expansion. The automotive industry's utilization of PVC in interior components and wire coatings also contributes substantially. Furthermore, the packaging and footwear industries rely on PVC for its flexibility, durability, and cost-effectiveness, further bolstering market demand. The market is segmented by type (rigid and flexible PVC), with rigid PVC holding a larger market share due to its widespread use in construction. Technological advancements focusing on enhancing PVC's properties, such as improved durability and flame retardancy, are driving innovation and market expansion. However, environmental concerns surrounding PVC's production and disposal represent a key restraint, prompting the industry to explore more sustainable alternatives and recycling solutions. The projected Compound Annual Growth Rate (CAGR) signifies consistent market expansion. Assuming a CAGR of 5% (a reasonable estimate given the industry's growth trajectory and considering the restraining factors) and a 2025 market size of $60 billion (a reasonable estimation based on publicly available data on similar materials), the market is poised for considerable expansion through 2033. Key players in the market are strategically investing in capacity expansions and research and development to maintain their competitive edge. Geographical growth varies; regions with robust construction and industrial activity, such as Asia-Pacific and North America, are likely to witness the highest growth rates. Regional disparities in market growth reflect varying levels of economic development and infrastructure spending. North America and Europe, while mature markets, continue to show growth driven by renovations and infrastructure projects. However, the Asia-Pacific region, particularly China and India, are expected to experience significant expansion due to rapid urbanization and industrialization. The market's competitive landscape is characterized by the presence of both large multinational corporations and regional players. These companies are engaging in strategic mergers and acquisitions, capacity expansions, and technological innovations to gain a competitive advantage and meet the increasing global demand. Pricing pressures, raw material costs, and stringent environmental regulations pose significant challenges. The future of the PVC resin market depends heavily on the industry's ability to address these challenges through sustainable practices and technological innovations.

PVC Suspension Resins Market Outlook

The global PVC suspension resins market size was valued at approximately USD 25 billion in 2023 and is projected to reach around USD 35 billion by 2032, growing at a CAGR of 3.8% during the forecast period. The market growth is driven by the increasing demand from various end-use industries such as building & construction, automotive, and packaging, among others. The versatility, durability, and cost-effectiveness of PVC suspension resins make them highly desirable for a range of applications, propelling the market towards significant growth.

One of the primary growth factors for the PVC suspension resins market is the booming construction industry worldwide, especially in developing economies. The increasing urbanization and industrialization have led to a surge in construction activities, thereby augmenting the demand for PVC products like pipes, fittings, and profiles. Moreover, the inherent properties of PVC, such as chemical resistance, durability, and low maintenance, make it an ideal choice for construction applications, further driving the market growth. Additionally, government initiatives to improve infrastructure in various regions are expected to bolster the market demand.

The automotive industry also contributes significantly to the growth of the PVC suspension resins market. The need for lightweight and durable materials in vehicle manufacturing has led to an increased adoption of PVC resins. These materials not only help in reducing the overall weight of the vehicles but also enhance their fuel efficiency and performance. Moreover, the use of PVC in wire and cable insulation ensures safety and longevity, making it a preferred choice in the automotive sector. The growing demand for electric vehicles, which require efficient wiring systems, is also likely to boost the PVC suspension resins market.

Another factor driving the market growth is the escalating demand for packaging materials. PVC suspension resins are extensively used in the production of rigid films and sheets, which are essential components in packaging solutions. The rising need for effective and sustainable packaging, especially in the food and beverage industry, is propelling the demand for PVC suspension resins. Furthermore, the material's ability to be recycled and its cost-effectiveness make it a suitable option for packaging applications, thus fostering market growth.

The PVC compounds sales have been witnessing a significant uptick, driven by their extensive use across various industries. These compounds, which are derived from PVC suspension resins, offer enhanced properties such as improved flexibility, durability, and chemical resistance, making them suitable for a wide range of applications. The building and construction industry, in particular, has been a major consumer of PVC compounds, utilizing them in pipes, fittings, and profiles due to their cost-effectiveness and long-lasting performance. Additionally, the automotive sector's shift towards lightweight materials has further propelled the demand for PVC compounds, as they contribute to vehicle weight reduction and improved fuel efficiency. The ongoing innovations in PVC compound formulations are expected to open new avenues for growth, as manufacturers strive to meet the evolving needs of various end-user industries.

From a regional perspective, the Asia Pacific region dominates the PVC suspension resins market, accounting for a significant share of the global market. The rapid industrialization, coupled with the increasing infrastructure development in countries like China, India, and Japan, is driving the demand for PVC products. North America and Europe also hold substantial market shares due to the well-established automotive and construction industries. However, the market in Latin America and the Middle East & Africa is expected to witness moderate growth due to the developing nature of these regions and ongoing infrastructure projects.

Type Analysis

The PVC suspension resins market is segmented into two primary types: homopolymer and copolymer. Homopolymer PVC resins, which are composed of a single type of monomer, primarily vinyl chloride, dominate the market due to their widespread application and cost efficiency. These resins are preferred for general-purpose use in construction, pipes, and fittings due to their excellent mechanical properties, chemical resistance, and durability. The substantial demand for homopolymer PVC in develop

The global PVC resin powder market is experiencing robust growth, driven by increasing demand from key application sectors such as pipes and profiles, films and sheets, and wires and cables. The market, estimated at $25 billion in 2025, is projected to witness a Compound Annual Growth Rate (CAGR) of 5% between 2025 and 2033. This expansion is fueled by the rising construction activities globally, particularly in developing economies, and the increasing use of PVC in packaging and consumer goods. Furthermore, advancements in PVC resin technology leading to enhanced durability and flexibility contribute to its widespread adoption across diverse industries. However, environmental concerns surrounding PVC's non-biodegradability and the volatility of raw material prices pose challenges to market growth. The suspension polymerization process currently dominates the market, owing to its cost-effectiveness and versatility in producing various grades of PVC resin powder. Major players like Shin-Etsu Chemical, Westlake Chemical, and Formosa Plastics are strategically investing in capacity expansion and technological advancements to cater to the escalating demand. Geographical growth varies with Asia-Pacific projected to be a dominant region owing to rapid infrastructure development and industrialization in countries like China and India. The competitive landscape is characterized by the presence of both large multinational corporations and regional players. Key players are increasingly focusing on mergers, acquisitions, and strategic partnerships to expand their market share and product portfolio. The market segmentation by application reveals the dominance of the pipes and profiles segment, attributed to its extensive use in construction and infrastructure projects. The ongoing research and development efforts to produce more sustainable and environmentally friendly PVC resin powder variants will likely influence market dynamics in the coming years. This includes exploring bio-based PVC and exploring methods for efficient recycling and waste management. Despite some restraints, the overall outlook for the PVC resin powder market remains positive, driven by consistent growth in key end-use industries and ongoing innovations in the sector.

This report uses the producer price index for plastic materials and resin. This makes it possible to average the growth in price for various types, including organic, synthetic and processed varieties. The index has a base year of 1982. Data is sourced from the Bureau of Labor Statistics and is presented as the equally-weighted average of monthly figures.

Blending PVC Resins Market Outlook

The global blending PVC resins market size is projected to grow significantly from USD 15.2 billion in 2023 to approximately USD 23.7 billion by 2032, exhibiting a robust CAGR of 5.0% during the forecast period. This promising growth can be attributed to the increasing demand across various industries, such as construction, automotive, and packaging, driving the need for durable and versatile PVC products.

One of the primary growth factors contributing to the expansion of the blending PVC resins market is the booming construction industry. With rapid urbanization and industrialization, particularly in emerging economies, there is a heightened demand for durable and cost-effective construction materials. Blending PVC resins, known for their excellent mechanical and thermal properties, are increasingly being used in the manufacturing of pipes, fittings, profiles, and various other construction applications, thus propelling market growth.

Moreover, the automotive industry significantly contributes to the growth of the blending PVC resins market. The industry's shift towards lightweight and fuel-efficient vehicles has led to the increased adoption of PVC resins in automotive components such as cables, profiles, and interior trim. The resins' superior properties, including chemical resistance, flexibility, and durability, make them an ideal choice for automotive applications, fostering market growth.

The packaging industry's expansion is another critical factor driving the demand for blending PVC resins. As the e-commerce sector experiences unprecedented growth, there is a rising need for efficient and reliable packaging solutions. PVC resins offer excellent clarity, printability, and barrier properties, making them highly suitable for films, sheets, and other packaging materials. This surge in the packaging industry is anticipated to further bolster the market for blending PVC resins.

In the realm of PVC applications, the role of Dispersion PVC Cap is gaining attention for its unique properties and versatility. Dispersion PVC, known for its fine particle size and excellent surface finish, is particularly suited for applications requiring a smooth and uniform coating. The cap, often used in sealing and protective applications, benefits from the dispersion process, which enhances its flexibility and durability. This makes it an ideal choice for industries such as packaging and automotive, where precision and performance are paramount. As the demand for high-quality, reliable sealing solutions grows, the Dispersion PVC Cap is poised to become a key component in various industrial applications.

Regionally, the Asia Pacific region is expected to dominate the blending PVC resins market, driven by rapid industrialization, urbanization, and infrastructural developments. Countries such as China and India are investing heavily in construction and automotive sectors, fueling the demand for PVC resins. Additionally, supportive government policies and the availability of raw materials at competitive prices further enhance the region's market growth prospects.

Product Type Analysis

The blending PVC resins market is segmented into four primary product types: suspension PVC, emulsion PVC, bulk polymerized PVC, and copolymer PVC. Suspension PVC, being the most commonly used form, is anticipated to hold the largest market share due to its widespread applications in pipes, profiles, and fittings. Its ease of processing and superior mechanical properties make it a preferred choice for various end-use industries, particularly in construction where durability and cost-effectiveness are critical.

Emulsion PVC, known for its finer particle size and higher purity, is increasingly being utilized in applications requiring superior surface finish and clarity. This type of PVC resin is extensively used in the manufacturing of films, sheets, and other flexible products. The growing demand for high-quality packaging materials and medical devices is expected to drive the market for emulsion PVC in the coming years.

Bulk polymerized PVC, though less commonly used compared to suspension and emulsion PVC, offers unique advantages such as enhanced thermal stability and lower volatile emissions during processing. This makes it suitable for specific high-performance applications. The steady growth of niche markets, including specialized construct

Polyvinyl Chloride Paste Resin Market Outlook

The global polyvinyl chloride paste resin market size was valued at approximately USD 4.2 billion in 2023 and is expected to reach around USD 6.9 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.4% during the forecast period. This growth can be primarily attributed to the increasing demand in the construction and automotive sectors, advanced material properties, and rising applications in diverse end-user industries.

One of the foremost growth factors driving this market is the rising construction activities worldwide. Polyvinyl chloride (PVC) paste resin is widely used in the construction sector for producing pipes, fittings, and profiles due to its excellent durability and cost-effectiveness. With urbanization accelerating, especially in emerging economies, the demand for construction materials is surging, thereby fueling the need for PVC paste resin. Furthermore, government initiatives focusing on infrastructure development are significantly contributing to the market's expansion.

Another critical growth factor is the increasing application of PVC paste resin in the automotive industry. The materialÂ’s flexibility, ease of processing, and light weight make it ideal for manufacturing automotive parts like dashboards, upholstery, and door panels. As the automotive industry continues to evolve with advancements in electric vehicles and stringent emission norms, the demand for lightweight and durable materials like PVC paste resin is on the rise. This is not only helping in reducing vehicle weight but also in improving fuel efficiency, adding to the market growth.

Additionally, the versatile applications of PVC paste resin in consumer goods and packaging industries are also propelling the market forward. Its properties such as high chemical resistance, durability, and cost-effectiveness make it a preferred choice for producing items like toys, footwear, and packaging materials. The growing consumer preference for durable and high-quality products is further boosting the demand for PVC paste resin. Moreover, advancements in production technologies and material innovations are opening new avenues for market growth.

Polyvinyl Chloride Resins PVC are integral to the construction and automotive sectors due to their robust properties. These resins offer excellent durability and cost-effectiveness, making them a preferred choice for producing pipes, fittings, and profiles. As urbanization continues to surge, particularly in developing regions, the demand for PVC resins is expected to rise significantly. This trend is further supported by government initiatives aimed at enhancing infrastructure, which rely heavily on materials like PVC for their longevity and efficiency. The adaptability of PVC resins to various applications underscores their importance in modern construction and automotive industries.

From a regional perspective, Asia Pacific holds a significant share of the PVC paste resin market due to rapid industrialization and urbanization in countries like China and India. The region is also witnessing substantial investments in infrastructure projects, which is expected to drive market growth. North America and Europe are also key markets, with steady demand from the automotive and construction sectors. In contrast, Latin America and the Middle East & Africa are emerging markets with promising growth potential due to increasing investments in industrial and infrastructure developments.

Grade Analysis

The polyvinyl chloride paste resin market can be segmented by grade into General Grade, High K Value Grade, and Low K Value Grade. General Grade PVC paste resin is the most commonly used grade, finding applications across various industries due to its balanced properties of flexibility, durability, and ease of processing. This grade is particularly favored in the construction and consumer goods sectors, which are major drivers of market demand. The continued growth in these sectors is expected to sustain the demand for General Grade PVC paste resin.

High K Value Grade PVC paste resin, characterized by higher molecular weight and viscosity, is primarily used for producing products that require enhanced strength and rigidity. This grade is extensively utilized in applications demanding high mechanical performance, such as automotive components and industrial fittings. The growth of the automotive industry and the incre