Product Code: ETC342384 | Publication Date: Aug 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India polyvinyl chloride resins market import shipments exhibited a robust CAGR of 10.1% from 2020 to 2024. However, there was a notable decrease in growth rate between 2023 and 2024, showing a decline of 10.2%. Overall, the market expanded significantly but experienced a slowdown towards the end of the period.
The polyvinyl chloride (PVC) resins market in India is witnessing substantial growth, driven by its extensive use in construction, manufacturing, and consumer goods. PVC`s versatility, cost-effectiveness, and durability contribute to its popularity. The construction boom and urbanization are major growth drivers, but environmental concerns regarding PVC`s production and disposal remain challenges. Navigating these challenges while meeting the demand for PVC products will shape the market`s future.
The India polyvinyl chloride resins market is set to grow due to several driving factors. PVC`s versatility, cost-effectiveness, and durability make it widely used in construction, packaging, and consumer goods. The construction industry`s growth, coupled with the demand for pipes, profiles, and fittings, contributes to the market`s expansion. The packaging industry`s need for flexible and rigid materials further supports PVC demand. However, environmental concerns regarding PVC disposal and regulations promoting sustainable alternatives could influence market dynamics.
The polyvinyl chloride (PVC) resins market in India is used in various industries, including construction and automotive. Challenges include environmental concerns related to PVC production and disposal, as well as competition from other materials. The industry needs to adopt sustainable practices and explore PVC alternatives.
The market for polyvinyl chloride (PVC) resins, used in various sectors including construction and manufacturing, may have been impacted by changes in demand and production disruptions.
The India polyvinyl chloride (PVC) resins market is anticipated to witness growth in construction and packaging sectors. Challenges include environmental concerns associated with PVC production. Notable players include Reliance Industries, Finolex Industries, and DCM Shriram.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Polyvinyl Chloride Resins Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Polyvinyl Chloride Resins Market Revenues & Volume, 2021 & 2031F |
3.3 India Polyvinyl Chloride Resins Market - Industry Life Cycle |
3.4 India Polyvinyl Chloride Resins Market - Porter's Five Forces |
3.5 India Polyvinyl Chloride Resins Market Revenues & Volume Share, By Production Process, 2021 & 2031F |
3.6 India Polyvinyl Chloride Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Polyvinyl Chloride Resins Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 India Polyvinyl Chloride Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from the construction industry due to its applications in pipes, fittings, and profiles. |
4.2.2 Increasing use in the automotive sector for manufacturing interior and exterior parts. |
4.2.3 Rising adoption in the healthcare sector for producing medical devices and packaging materials. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of polyvinyl chloride resins. |
4.3.2 Environmental concerns related to the disposal and recycling of PVC products. |
4.3.3 Regulatory challenges and evolving standards impacting the production and usage of PVC resins. |
5 India Polyvinyl Chloride Resins Market Trends |
6 India Polyvinyl Chloride Resins Market, By Types |
6.1 India Polyvinyl Chloride Resins Market, By Production Process |
6.1.1 Overview and Analysis |
6.1.2 India Polyvinyl Chloride Resins Market Revenues & Volume, By Production Process, 2021-2031F |
6.1.3 India Polyvinyl Chloride Resins Market Revenues & Volume, By Hydrochlorination of Acetylene, 2021-2031F |
6.1.4 India Polyvinyl Chloride Resins Market Revenues & Volume, By Dehydrochlorination of Ethylene Dichloride, 2021-2031F |
6.2 India Polyvinyl Chloride Resins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Polyvinyl Chloride Resins Market Revenues & Volume, By PVC, 2021-2031F |
6.2.3 India Polyvinyl Chloride Resins Market Revenues & Volume, By Co-Polymer Resins, 2021-2031F |
6.3 India Polyvinyl Chloride Resins Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 India Polyvinyl Chloride Resins Market Revenues & Volume, By Agriculture, 2021-2031F |
6.3.3 India Polyvinyl Chloride Resins Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.4 India Polyvinyl Chloride Resins Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.5 India Polyvinyl Chloride Resins Market Revenues & Volume, By Electrical and Electronics, 2021-2031F |
6.3.6 India Polyvinyl Chloride Resins Market Revenues & Volume, By Others, 2021-2031F |
7 India Polyvinyl Chloride Resins Market Import-Export Trade Statistics |
7.1 India Polyvinyl Chloride Resins Market Export to Major Countries |
7.2 India Polyvinyl Chloride Resins Market Imports from Major Countries |
8 India Polyvinyl Chloride Resins Market Key Performance Indicators |
8.1 Percentage of PVC resin used in new construction projects. |
8.2 Number of automotive manufacturers incorporating PVC resins in their products. |
8.3 Growth in the healthcare sector's consumption of PVC resin for medical applications. |
9 India Polyvinyl Chloride Resins Market - Opportunity Assessment |
9.1 India Polyvinyl Chloride Resins Market Opportunity Assessment, By Production Process, 2021 & 2031F |
9.2 India Polyvinyl Chloride Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Polyvinyl Chloride Resins Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 India Polyvinyl Chloride Resins Market - Competitive Landscape |
10.1 India Polyvinyl Chloride Resins Market Revenue Share, By Companies, 2024 |
10.2 India Polyvinyl Chloride Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |