GCC PVC Additives Market size is projected to grow at a CAGR of 7.1% during 2024-30F

In terms of Type, Plasticizers accomplished the highest revenue share in GCC PVC Additives Market – 6Wresearch

By Type, plasticizers had secured the highest revenue share in 2023 backed by its ability to impart flexibility, elasticity, and durability to PVC products. They help reduce the rigidity of PVC resin, making it more pliable and easier to process during manufacturing processes.

According to 6Wresearch, GCC PVC Additives Market size is projected to grow at a CAGR of 7.1% during 2024-30F. The demand for PVC additives has also risen to meet the stringent performance requirements of these applications. Government’s initiatives such as Saudi Arabia Vision 2030, Qatar National Vision 2030 and Bahrain Vision 2030 have continuously boosted the infrastructural and industrial development in the region. The integration of digitalization and smart additives is notable trend, with additives offering antimicrobial properties or self-healing capabilities, alongside digital solutions for monitoring and controlling performance. Furthermore, customization and tailored solutions are becoming more prevalent, enabling PVC additives manufacturers to collaborate closely with end-users to develop unique formulations that meet specific application requirements. Therefore, technological advancements are expected to play a crucial role in creating innovative PVC additives with enhanced efficiency and reduced environmental impact.

According to Suryakant, Senior Research Analyst, 6Wresearch, pipes and fittings are leading in the market, being essential components of water supply, sewage, drainage, irrigation, and plumbing systems. The indispensable nature of PVC pipes and fittings in these applications ensures a consistent demand and substantial revenue share within the PVC additives market.

The GCC PVC Additives Market (2024-2030) report provides an in-depth analysis with 55 figures and 39 tables, covering 143 pages. The report comprehensively covers the market by type, fabrication process, application, end use, and country. The report provides a detailed as well as unbiased analysis of the ongoing drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per the latest and future market dynamics.