Polyvinyl fell to 4,748 CNY/T on August 29, 2025, down 0.77% from the previous day. Over the past month, Polyvinyl's price has fallen 8.95%, and is down 12.30% compared to the same time last year, 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.

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.

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.

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.

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.

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

Explore the various factors impacting the pricing of K67 grade PVC resin, from raw material costs and supply-demand dynamics to energy expenses and geopolitical influences, and understand why this versatile material is vital in construction and consumer goods sectors.

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).

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.

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.

Polypropylene fell to 6,941 CNY/T on August 29, 2025, down 0.26% from the previous day. Over the past month, Polypropylene's price has fallen 3.13%, and is down 8.60% compared to the same time last year, 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 Polypropylene.

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.

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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

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...

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.

The global PVC Paste Resin market is a moderately sized industry, valued at $4009 million in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 1.4% from 2025 to 2033. This relatively low CAGR suggests a market characterized by steady, rather than explosive, growth. Several factors contribute to this moderate expansion. Increased demand from construction, particularly in developing economies experiencing infrastructure growth, drives market expansion. Simultaneously, the market faces constraints such as fluctuating raw material prices (primarily vinyl chloride monomer, or VCM), stringent environmental regulations aimed at reducing PVC's environmental footprint, and growing competition from alternative materials like polyethylene and polypropylene in certain applications. The industry is dominated by a mix of established multinational players and regional producers. Major players like INEOS, Solvay, and LG Chem compete with regional giants like Shenyang Chemical and Anhui Tianchen Chemical, creating a dynamic competitive landscape characterized by both price competition and innovation in product formulations and applications. The forecast period (2025-2033) will likely see a continued focus on efficiency improvements within the manufacturing process, a shift towards more sustainable PVC formulations, and the exploration of niche applications for PVC paste resin, driving further, albeit moderate, market growth. Geographic expansion, particularly within emerging markets, will continue to be a key strategy for both established and emerging players. The competitive landscape will likely remain highly fragmented, with consolidation remaining a possibility as smaller players are challenged by larger multinational competitors. The market is expected to show consistent growth, propelled by ongoing construction activity and infrastructure projects globally, but will remain sensitive to economic fluctuations and raw material price volatility.

India Wholesale Price Index: 82p: Average: Manufactured Products: Chemicals: Turpentine, Synthetic Resins and Plastic Materials: P.V.C. Resins data was reported at 250.600 1981-1982=100 in Mar 2000. This stayed constant from the previous number of 250.600 1981-1982=100 for Feb 2000. India Wholesale Price Index: 82p: Average: Manufactured Products: Chemicals: Turpentine, Synthetic Resins and Plastic Materials: P.V.C. Resins data is updated monthly, averaging 244.700 1981-1982=100 from Apr 1982 (Median) to Mar 2000, with 216 observations. The data reached an all-time high of 399.800 1981-1982=100 in Jul 1995 and a record low of 84.500 1981-1982=100 in Jul 1982. India Wholesale Price Index: 82p: Average: Manufactured Products: Chemicals: Turpentine, Synthetic Resins and Plastic Materials: P.V.C. Resins data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under India Premium Database’s Inflation – Table IN.IH137: Wholesale Price Index: 1981-82=100: Manufactured Products: Chemicals. Rebased from 1981-82=100 to 1993-94=100. Replacement series ID: 19651401

South Korea PPI: PVC resin data was reported at 111.810 2020=100 in Mar 2025. This stayed constant from the previous number of 111.810 2020=100 for Feb 2025. South Korea PPI: PVC resin data is updated monthly, averaging 55.450 2020=100 from Jan 1965 (Median) to Mar 2025, with 723 observations. The data reached an all-time high of 152.800 2020=100 in Nov 2021 and a record low of 6.640 2020=100 in Apr 1969. South Korea PPI: PVC resin data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s South Korea – Table KR.I045: Producer Price Index: 2020=100.

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