Market Size of South America Polyvinyl Chloride (PVC) Industry
Study Period | 2019 - 2029 |
Market Volume (2024) | 1.88 Million tons |
Market Volume (2029) | 2.14 Million tons |
CAGR (2024 - 2029) | 2.65 % |
Fastest Growing Market | South America |
Largest Market | South America |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
South America Polyvinyl Chloride (PVC) Market Analysis
The South America Polyvinyl Chloride Market size is estimated at 1.88 Million tons in 2024, and is expected to reach 2.14 Million tons by 2029, growing at a CAGR of 2.65% during the forecast period (2024-2029).
PVC is strong and lightweight, durable to weathering, rotting, chemical corrosion and abrasion, versatile, and easy to use, as it can be cut, shaped, welded, and joined in any style.
- Major factors driving the market studied are the increasing use of plastics to reduce vehicle weight and enhance fuel economy, growing demand from the construction industry, and increasing applications in the healthcare industry
- However, hazardous impacts on humans and the environment are expected to majorly hinder the growth of the market studied.
- The accelerating usage of electric vehicles and PVC recycling are likely to act as an opportunity in the future.
South America Polyvinyl Chloride (PVC) Industry Segmentation
Polyvinyl Chloride (PVC) is a strong and lightweight plastic that is easy to use and easily processed to any shape and processed. The PVC material is highly durable against weather, rotting, chemical corrosion, and abrasion.
The South American PVC market is segmented by product type, stabilizer type, application, and end-user industry. By product type, the market is segmented into rigid type, flexible type, low smoke PVC, and chlorinated PVC. By stabilizer type, the market is segmented into calcium-based stabilizers, lead-based stabilizers, tin- and organotin-based stabilizers (SN stabilizers), barium-based, and others (liquid mixed metals). By application, the market is segmented into pipes and fittings, films and sheets, wires and cables, bottles, profiles, hoses and tubings, and other applications. By end-user industry, the market is segmented into building and construction, automotive, electrical & electronics, packaging, footwear, and healthcare, and other end-user industries. The report also covers the market size and forecasts for the South American PVC market across major countries.
For each segment, the market sizing and forecasts have been done on the basis of volume (kilotons).
Product Type | ||||
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Low-smoke PVC | ||||
Chlorinated PVC |
Stabilizer Type | |
Calcium-based Stabilizers (Ca-Zn Stabilizers) | |
Lead-based Stabilizers (Pb Stabilizers) | |
Tin- and Organotin-based Stabilizers (Sn Stabilizers) | |
Barium-based and Others (Liquid Mixed Metals) |
Application | |
Pipes and Fittings | |
Films and Sheets | |
Wires and Cables | |
Bottles | |
Profiles, Hoses and Tubings | |
Other Applications |
End-User Industry | |
Building and Construction | |
Automotive | |
Electrical and Electronics | |
Packaging | |
Footwear | |
Healthcare | |
Other End-User Industries |
Geography | |
Brazil | |
Argentina | |
Rest of South America |
South America Polyvinyl Chloride (PVC) Market Size Summary
The South America polyvinyl chloride (PVC) market is poised for steady growth, driven by its inherent properties such as strength, lightweight, and resistance to weathering and chemical corrosion. These characteristics make PVC a preferred material in various industries, including construction, automotive, and healthcare. The construction sector, in particular, benefits from PVC's durability and low maintenance requirements, especially in pipeline systems for water and waste management. The region's hospitality industry is also recovering, with increased construction projects contributing to the demand for PVC. However, environmental and health concerns related to PVC usage pose challenges to market expansion. Opportunities for growth are seen in the rising adoption of electric vehicles and advancements in PVC recycling technologies.
Brazil stands out as a dominant force in the South American PVC market, supported by significant investments in infrastructure and urban development. The Brazilian government's Infrastructure Concessions Program aims to enhance the country's transport, energy, and sanitation sectors, further boosting PVC demand. The automotive industry in Brazil, being one of the leading manufacturers globally, also contributes to the market's growth. Despite a saturation in consumer electronics sales, the demand for vehicles remains high, supporting the PVC market. Major players in the region, such as Formosa Plastics Corporation and INEOS, continue to innovate and provide sustainable solutions, ensuring the market's competitive landscape remains robust.
South America Polyvinyl Chloride (PVC) Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Increasing Usage of Plastics to Reduce Vehicle Weight and Enhance Fuel Economy
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1.1.2 Increasing Application in the Healthcare Industry
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1.1.3 Growth from the Construction Industry
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1.2 Restraints
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1.2.1 Hazardous Impact on Humans and the Environment
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1.2.2 Other Restrainta
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1.3 Industry Value-Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION (Market Size in Volume)
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2.1 Product Type
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2.1.1 Rigid PVC
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2.1.1.1 Clear Rigid PVC
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2.1.1.2 Non-Clear Rigid PVC
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2.1.2 Flexible PVC
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2.1.2.1 Clear Flexible PVC
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2.1.2.2 Non-Clear Flexible PVC
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2.1.3 Low-smoke PVC
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2.1.4 Chlorinated PVC
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2.2 Stabilizer Type
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2.2.1 Calcium-based Stabilizers (Ca-Zn Stabilizers)
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2.2.2 Lead-based Stabilizers (Pb Stabilizers)
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2.2.3 Tin- and Organotin-based Stabilizers (Sn Stabilizers)
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2.2.4 Barium-based and Others (Liquid Mixed Metals)
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2.3 Application
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2.3.1 Pipes and Fittings
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2.3.2 Films and Sheets
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2.3.3 Wires and Cables
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2.3.4 Bottles
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2.3.5 Profiles, Hoses and Tubings
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2.3.6 Other Applications
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2.4 End-User Industry
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2.4.1 Building and Construction
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2.4.2 Automotive
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2.4.3 Electrical and Electronics
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2.4.4 Packaging
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2.4.5 Footwear
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2.4.6 Healthcare
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2.4.7 Other End-User Industries
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2.5 Geography
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2.5.1 Brazil
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2.5.2 Argentina
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2.5.3 Rest of South America
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South America Polyvinyl Chloride (PVC) Market Size FAQs
How big is the South America Polyvinyl Chloride (PVC) Market?
The South America Polyvinyl Chloride (PVC) Market size is expected to reach 1.88 million tons in 2024 and grow at a CAGR of 2.65% to reach 2.14 million tons by 2029.
What is the current South America Polyvinyl Chloride (PVC) Market size?
In 2024, the South America Polyvinyl Chloride (PVC) Market size is expected to reach 1.88 million tons.