Product Code: ETC007604 | Publication Date: Aug 2023 | Updated Date: Apr 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India PVC Market registered a growth of 22.04% in value shipments in 2022 as compared to 2021 and an increase of 4.23% CAGR in 2022 over a period of 2017. In PVC Market India is becoming less competitive as HHI index in 2022 was 3628 while in 2017 it was 1808. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on domestic production to meet its growing demand in PVC Market.
The India PVC market is projected to grow at a CAGR of 5.6% from 2020 to 2026. The increasing demand for PVC products in several end-use industries such as construction, automotive, and healthcare is one of the major factors driving the growth of the global PVC market. Additionally, the growing demand for sustainable building materials has been supporting the development and adoption of polyvinyl chloride (PVC) across various nations.
1. Increasing Demand From Construction Industry: The rising infrastructure activities coupled with rapid urbanization are expected to drive demand for PVC products in residential, commercial & industrial buildings over the forecast period. This trend has been further enhanced due to government initiatives undertaken concerning reconstruction activities in developed countries like India and China among others which is likely to augment product sales over coming years .
2. Durable Product Offering & Low Maintenance Cost: Various properties exhibited by this material makes it suitable for use in multiple applications including piping systems, flooring solutions etc., In addition its durability helps it maintain its performance standards even after long term utilization which supports its growing popularity among consumers as well as contractors thus positively influencing industry trends during upcoming times.
3. Growing Adoption Of Sustainable Building Materials : Global population expansion along with unfavorable climatic conditions have created an urgency towards use renewable sources of energy while undertaking infrastructural projects . This factor combined with higher sustainability offered by this compound vis-?-vis other traditional materials used traditionally , will fuel consumption patterns over forecast timeline.
1. Fluctuating Prices Of Raw Material : Major raw material required for production includes ethylene and chlorine derived through petrochemical processes whose availability varies on account of high price volatility related issues arising out cost associated with their extraction process . Such dynamics might affect resin production capacity leading towards instabilities regarding pricing structure hindering profitability margins adversely impacting overall trade outlook until next few years.
1. Technological Advancements For High Performance Properties Enhance Usage Scope : Manufacturers have been investing heavily towards R&D activities aiming at improving product performance parameters so that it can be incorporated into demanding applications requiring superior quality compounds such as automobile parts , medical tubing?s etc., Such advancements shall continue acting favorably toward regional industry share throughout estimated time frame beyond 2021 -2025 besides also contributing greatly towards competitive landscape evolution within foreseeable future.
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 PVC Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India PVC Market Revenues & Volume, 2020 & 2030F |
3.3 India PVC Market - Industry Life Cycle |
3.4 India PVC Market - Porter's Five Forces |
3.5 India PVC Market Revenues & Volume Share, By Product Types, 2020 & 2030F |
3.6 India PVC Market Revenues & Volume Share, By Stabilizer Type, 2020 & 2030F |
3.7 India PVC Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 India PVC Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India PVC Market Trends |
6 India PVC Market, By Types |
6.1 India PVC Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 India PVC Market Revenues & Volume, By Product Types, 2020-2030F |
6.1.3 India PVC Market Revenues & Volume, By Rigid PVC, 2020-2030F |
6.1.4 India PVC Market Revenues & Volume, By Flexible PVC, 2020-2030F |
6.1.5 India PVC Market Revenues & Volume, By Low-smoke PVC, 2020-2030F |
6.1.6 India PVC Market Revenues & Volume, By Chlorinated PVC, 2020-2030F |
6.2 India PVC Market, By Stabilizer Type |
6.2.1 Overview and Analysis |
6.2.2 India PVC Market Revenues & Volume, By Calcium-based Stabilizers , 2020-2030F |
6.2.3 India PVC Market Revenues & Volume, By Lead-based Stabilizers , 2020-2030F |
6.2.4 India PVC Market Revenues & Volume, By Tin and Organotin-based, 2020-2030F |
6.2.5 India PVC Market Revenues & Volume, By Barium-based and Others , 2020-2030F |
6.3 India PVC Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 India PVC Market Revenues & Volume, By Construction, 2020-2030F |
6.3.3 India PVC Market Revenues & Volume, By Consumer, 2020-2030F |
6.3.4 India PVC Market Revenues & Volume, By Packaging, 2020-2030F |
6.3.5 India PVC Market Revenues & Volume, By Electrical & Electronics, 2020-2030F |
6.3.6 India PVC Market Revenues & Volume, By Transportation, 2020-2030F |
7 India PVC Market Import-Export Trade Statistics |
7.1 India PVC Market Export to Major Countries |
7.2 India PVC Market Imports from Major Countries |
8 India PVC Market Key Performance Indicators |
9 India PVC Market - Opportunity Assessment |
9.1 India PVC Market Opportunity Assessment, By Product Types, 2020 & 2030F |
9.2 India PVC Market Opportunity Assessment, By Stabilizer Type, 2020 & 2030F |
9.3 India PVC Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 India PVC Market - Competitive Landscape |
10.1 India PVC Market Revenue Share, By Companies, 2023 |
10.2 India PVC Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |