This market intelligence study curates an exhaustive database of industrial essentials for formulating favorable strategies. A thorough investigation of the value chain and the distribution channel is provided in this study by business professionals. The UPVCMarket study offers detailed information pertaining to the extent and application of the market, which helps better understand the global sector.
This report on the Global UPVCMarket discusses several growth prospects, including the industry sectors, current trends, up-to-date outlines, driving factors, and hurdles, overall offering market projections for the coming years.
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Scope of the Report:
According to the current analysis of Reports and Data, the global uPVC market was valued at USD 43.32 Billion in 2018 and is expected to reach USD 70.47 Billion by the year 2026, at a CAGR of 6.3%. uPVC is also known as rigid PVC or unplasticized PVC. uPVC is a cost-effective and stiff material with high resistance to impact chemicals, weather, water, and corrosive environments.
uPVC has low cost, and it has exhibits properties such as high stiffness, aesthetic in nature, flame retardant. uPVC is FDA compliant as the residue of Vinyl Chloride gets restricted and also suitable for transparent applications. It also offers better chemical resistance as compared to flexible PVC. It is used as good electrical insulation as well as it provides better vapor barrier properties
Key participants include
Koemmerling, Fenesta, Finolex Industries Ltd, LG Chem, Ercros SA, Kem One, Braskem, Shin-Etsu Chemical Co., Ltd, Inovyn, Westlake Chemical Corporation
By End-Use (Revenue in USD Million; Volume in Kilo Tons 2016–2026)
- Building and Construction
- Window and Door Frames
- Pipes and Fittings
- Roofing
- Curtain Rails
- Drawer Slides
- Others
- Automotive & Transportation
- Exterior
- Mud Flame
- Door Panel
- Sun Visor
- Trunk Tailgate
- Bumper
- Other
- Interior
- Cable Trench
- DashBoard
- Others
- Electrical and Electronics
- Insulation Pipe
- Switches
- Cable Insulation and Jacketing
- Junction Box
- Films
- Others
- Packaging
- Bottles
- Blister Packs
- Transparent Packs and Punnet
- Others
- Others
- Textile
- Sports
- Agriculture
- Healthcare
Read Full Press Release:
The report charts the future of the UPVC market for the forecast period, 2019 to 2026. The perfect balance of information on various topics including the sudden upswing in spending power, end-use, distribution channels and others add great value to this literature. A collaboration of charts, graphics images and tables offers more clarity on the overall study. Researchers behind the report explore why customers are purchasing products and services from immediate competitors.
Further key findings from the report suggest
- The market for uPVC is anticipated to grow at a CAGR of 30% by the end of the year 2026. In the Asia-Pacific market for uPVC is expected to grow at CAGR of 7.23% which is followed by LATAM and MEA with 6.95% and 6.02% CAGR, respectively. The south Asian countries have seen the highest growing trade activities and investment in the manufacturing companies because the region is expected to propel in the forecasted period.
- As of 2018, the building and construction segment has been one of the reasons for the growth of the uPVC market.
- uPVC finds vast applications in the Automotive industry. The uPVC finds its application as insulation, which is of type acoustic and thermal. The properties that are exhibited here are its durability and workability as a preferred plastic in an automotive application. This material is used for producing car interiors and for providing vinyl flooring for car manufacturers.
- Building and construction occupy more than 50% of the uPVC market owing to their increasing consumption in the construction and various other household application.
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/upvc-market