India Polyvinyl Chloride (PVC) Market (2025-2031) Outlook | Share, Revenue, Growth, Analysis, Companies, Trends, Size, Forecast, Value & Industry
Market Forecast By Product Type (Rigid PVC, Flexible PVC, Low-smoke PVC, Chlorinated PVC), By Stabilizer Type (Calcium-based Stabilizers, Lead-based Stabilizers, Tin and Organotin-based, Barium-based, Other Stabilizer Types), By Application (Pipes and Fittings, Film and Sheets, Wire and Cables, Bottles, Profiles, Hoses, Tubings, Other Applications), By End-user Industry (Building and Construction, Automotive, Electrical and Electronics, Packaging, Footwear, Healthcare, Other End-user Industries) And Competitive Landscape
| Product Code: ETC374484 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India Polyvinyl Chloride (Pvc) Market Top 5 Importing Countries and Market Competition (HHI) Analysis
India`s polyvinyl chloride (PVC) import market saw a significant shift in 2024, with top exporters such as China, Japan, Taiwan, South Korea, and the USA dominating the scene. The market concentration, as measured by the HHI index, escalated from moderate in 2023 to high in 2024, indicating increased dominance by key players. Despite a slight decline in growth rate from the previous year, the compound annual growth rate (CAGR) for the period 2020-2024 stood impressively at 16.35%, underscoring the sustained demand for PVC imports in India.
India Polyvinyl Chloride (PVC) Market Synopsis
The market for PVC in India is expected to reach USD 4.09 billion, at a CAGR of 8.2%. The major drivers of this growth are rising residential and non-residential construction activities, increasing construction spending on infrastructure development such as roads and highways, growing demand from automotive sector for interior application, etc.
Market Drivers of the market
The India polyvinyl chloride (PVC) market has experienced substantial growth owing to its diverse applications in construction, automotive, electrical, and healthcare industries. The versatility of PVC, coupled with its cost-effectiveness, has driven its demand in various end-user segments. Additionally, the expanding construction and infrastructure activities in the country have further propelled the consumption of PVC products like pipes, fittings, and profiles.
Challenges of the Market
In the polyvinyl chloride (PVC) market, India has been a significant consumer, especially in the construction and automotive sectors. However, concerns over the environmental impact of PVC production and disposal have led to a shift towards alternative materials. This, coupled with volatility in raw material prices and changing market dynamics, poses restraints to the growth of the PVC market.
Covid-19 Impact on the Market
The India PVC market experienced disruptions due to the pandemic. PVC is widely used in construction, automotive, and consumer goods sectors, all of which were affected by lockdowns and reduced economic activity. Demand for PVC products declined as construction projects were put on hold, and consumer spending decreased. The market also faced supply chain disruptions, especially concerning imports of raw materials, affecting the overall availability and pricing of PVC products.
Key Players of the Market
India polyvinyl chloride (PVC) market has shown steady growth due to its application in pipes, cables, and other construction materials. Major players in this market include Finolex Industries Ltd, Jain Irrigation Systems Ltd, Astral Pipes Ltd, and Supreme Industries Ltd.
Key Highlights of the Report:
- India Polyvinyl Chloride (PVC) Market Outlook
- Market Size of India Polyvinyl Chloride (PVC) Market, 2024
- Forecast of India Polyvinyl Chloride (PVC) Market, 2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Revenues & Volume for the Period 2021-2031
- India Polyvinyl Chloride (PVC) Market Trend Evolution
- India Polyvinyl Chloride (PVC) Market Drivers and Challenges
- India Polyvinyl Chloride (PVC) Price Trends
- India Polyvinyl Chloride (PVC) Porter's Five Forces
- India Polyvinyl Chloride (PVC) Industry Life Cycle
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Product Type for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Rigid PVC for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Flexible PVC for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Low-smoke PVC for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Chlorinated PVC for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Stabilizer Type for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Calcium-based Stabilizers for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Lead-based Stabilizers for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Tin and Organotin-based for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Barium-based for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Other Stabilizer Types for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Pipes and Fittings for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Film and Sheets for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Wire and Cables for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Bottles for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Profiles for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Hoses for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Tubings for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Other Applications for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By End-user Industry for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Building and Construction for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Automotive for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Electrical and Electronics for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Packaging for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Footwear for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Healthcare for the Period 2021-2031
- Historical Data and Forecast of India Polyvinyl Chloride (PVC) Market Revenues & Volume By Other End-user Industries for the Period 2021-2031
- India Polyvinyl Chloride (PVC) Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Stabilizer Type
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By End-user Industry
- India Polyvinyl Chloride (PVC) Top Companies Market Share
- India Polyvinyl Chloride (PVC) Competitive Benchmarking By Technical and Operational Parameters
- India Polyvinyl Chloride (PVC) Company Profiles
- India Polyvinyl Chloride (PVC) Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the India Polyvinyl Chloride (PVC) Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Polyvinyl Chloride (PVC) Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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