Bio-Based Polyvinyl Chloride Market Production, Sales and Consumption Status and Prospects Professional Market Research Report and Forecast 2025

Latest released, the research study on Global Bio-Based Polyvinyl Chloride Market Report Forecast 2021 - 2025, offers a detailed overview of the factors influencing the global business scope. Bio-Based Polyvinyl Chloride Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Bio-Based Polyvinyl Chloride. The study covers emerging player's data, including competitive landscape, sales, revenue and global market share of top manufacturers are: INOVYN, Bio-Tec Environmental, LLC, INEOS, ENSO Plastics, and Sylvin Technologies, Inc.

The market for bio-based polyvinyl chloride (PVC) is expected to grow at a CAGR of over 4% during the forecast period.

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Covid-19 Impact and Recovery Analysis:

The global Bio-Based Polyvinyl Chloride market report also includes the impact of the Covid-19 pandemic. Moreover, it offers an exhaustive analysis of aspects that will encounter the development of the market pre & post Covid-19 pandemic.

Key Market Trends

Building & Construction Industry to Dominate the Bio-Based PVC Market

- Bio-based Polyvinyl Chloride (PVC) finds application in various areas in the building and contruction sector including pipes, cables, flooring, and others.
- In 2019, the global spending of the building & construction industry was estimated at about USD 11 trillion and it is expected to reach around USD 14 trillion by 2025.
- The United States contributed roughly USD 91.5 billion for new non-residential commercial construction in 2019. This spending is anticipated to reach more than USD 89.4 billion by 2023.
- Saudi Arabia, an oil-rich nation, is planning to shift its economic focus from oil, and therefore, the Saudi government has decided to invest over USD 450 billion in the development of its infrastructure under its Saudi Arabia vision plan 2030. It is expected to increase the revenue of the market studied.
- All the aforementioned factors are expected to drive the bio-based polyvinyl chloride market during the forecast period.

Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Asia-Pacific Region to Dominate Bio-Based Polyvinyl Chloride Market

- Asia-Pacific region holds a prominent share in the bio-based polyvinyl chloride market globally and is expected to dominate the market during the forecast timeline.
- By the end of 2020, Asia-Pacific is projected to lead the construction spending accounting for almost 46% of the share globally with counties like China, India, Indonesia making the major contribution in the industry.
- In 2019, the value of the Asia-Pacific luxury packaging market is estimated to be USD 4.78 billion and is anticipated to reach USD 7.02 billion by 2025.
- In 2019, the value added in the construction industry in China is estimated to be around 7090.4 Billion RMB.
- Thus, rising demand from various industries is expected to drive the market studied in the region during the forecast timeframe.

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-Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

-Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

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