| Product Code: ETC342409 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a negative CAGR from 2020 to 2024, Nigeria`s import shipments of polyvinyl chloride resins show a slight growth in 2024 with a 0.43% increase from the previous year. The top exporting countries to Nigeria in 2024 include China, USA, South Korea, India, and Metropolitan France, indicating a diverse source of imports. However, the high Herfindahl-Hirschman Index (HHI) concentration suggests a dominant market presence by these exporters. Continued monitoring of market dynamics and competition among suppliers will be crucial for stakeholders in the PVC resin industry.

The Nigeria Polyvinyl Chloride (PVC) Resins Market is essential for producing a wide range of plastic products used in construction, healthcare, and consumer goods. PVC resins are used in pipes, cables, flooring, and medical devices due to their durability and versatility.
In Nigeria, the Polyvinyl Chloride (PVC) Resins market is primarily driven by the construction and automotive industries. PVC resins, valued for their versatility, durability, and cost-effectiveness, find applications in pipes, profiles, cables, and automotive components. With the growing construction activities, infrastructure development, and automotive production in Nigeria, the demand for PVC resins is expected to witness steady growth. Additionally, the material`s recyclability and ease of processing further contribute to its market expansion in the country.
In Nigeria, the polyvinyl chloride (PVC) resins market confronts challenges related to product quality and market demand. Ensuring the purity and consistency of PVC resins requires adherence to strict manufacturing standards and quality control measures, which may be lacking in certain regions. Moreover, competition from imported resins and concerns about environmental sustainability impact market acceptance and growth.
Recognizing the significance of polyvinyl chloride (PVC) resins in construction, automotive, and packaging industries, the Nigeria government may implement policies to regulate and support their market. These policies might include quality standards and safety regulations for the production and use of PVC resins to ensure product reliability and consumer protection. The government may also promote research and development in advanced PVC technologies to enhance market competitiveness and innovation. Incentives for local manufacturing, including financial support and tax incentives, may be introduced to boost domestic production and reduce reliance on imports. Furthermore, initiatives to promote the sustainable use and recycling of PVC materials may be implemented to address environmental concerns.
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 Nigeria Polyvinyl Chloride Resins Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Polyvinyl Chloride Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Polyvinyl Chloride Resins Market - Industry Life Cycle |
3.4 Nigeria Polyvinyl Chloride Resins Market - Porter's Five Forces |
3.5 Nigeria Polyvinyl Chloride Resins Market Revenues & Volume Share, By Production Process, 2021 & 2031F |
3.6 Nigeria Polyvinyl Chloride Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Nigeria Polyvinyl Chloride Resins Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Nigeria Polyvinyl Chloride Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and infrastructure projects in Nigeria, leading to increased demand for PVC resins. |
4.2.2 Rising adoption of PVC resins in the automotive industry for manufacturing components such as door panels and dashboards. |
4.2.3 Government initiatives promoting the use of PVC resins in various applications, such as pipes and cables. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the production cost of PVC resins. |
4.3.2 Environmental concerns related to the use and disposal of PVC resins, leading to potential regulatory challenges. |
5 Nigeria Polyvinyl Chloride Resins Market Trends |
6 Nigeria Polyvinyl Chloride Resins Market, By Types |
6.1 Nigeria Polyvinyl Chloride Resins Market, By Production Process |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Polyvinyl Chloride Resins Market Revenues & Volume, By Production Process, 2021-2031F |
6.1.3 Nigeria Polyvinyl Chloride Resins Market Revenues & Volume, By Hydrochlorination of Acetylene, 2021-2031F |
6.1.4 Nigeria Polyvinyl Chloride Resins Market Revenues & Volume, By Dehydrochlorination of Ethylene Dichloride, 2021-2031F |
6.2 Nigeria Polyvinyl Chloride Resins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Polyvinyl Chloride Resins Market Revenues & Volume, By PVC, 2021-2031F |
6.2.3 Nigeria Polyvinyl Chloride Resins Market Revenues & Volume, By Co-Polymer Resins, 2021-2031F |
6.3 Nigeria Polyvinyl Chloride Resins Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Polyvinyl Chloride Resins Market Revenues & Volume, By Agriculture, 2021-2031F |
6.3.3 Nigeria Polyvinyl Chloride Resins Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.4 Nigeria Polyvinyl Chloride Resins Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.5 Nigeria Polyvinyl Chloride Resins Market Revenues & Volume, By Electrical and Electronics, 2021-2031F |
6.3.6 Nigeria Polyvinyl Chloride Resins Market Revenues & Volume, By Others, 2021-2031F |
7 Nigeria Polyvinyl Chloride Resins Market Import-Export Trade Statistics |
7.1 Nigeria Polyvinyl Chloride Resins Market Export to Major Countries |
7.2 Nigeria Polyvinyl Chloride Resins Market Imports from Major Countries |
8 Nigeria Polyvinyl Chloride Resins Market Key Performance Indicators |
8.1 Average selling price of PVC resins in Nigeria. |
8.2 Capacity utilization rate of PVC resin manufacturers in the country. |
8.3 Adoption rate of PVC resins in new applications or industries in Nigeria. |
8.4 Percentage of PVC resin imports compared to domestic production in Nigeria. |
8.5 Recycling rate of PVC resins within the country. |
9 Nigeria Polyvinyl Chloride Resins Market - Opportunity Assessment |
9.1 Nigeria Polyvinyl Chloride Resins Market Opportunity Assessment, By Production Process, 2021 & 2031F |
9.2 Nigeria Polyvinyl Chloride Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Nigeria Polyvinyl Chloride Resins Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Nigeria Polyvinyl Chloride Resins Market - Competitive Landscape |
10.1 Nigeria Polyvinyl Chloride Resins Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Polyvinyl Chloride Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |