China PVC Industry is Booming, States CRI in Its Topical Report Now Available at MarketPublishers.com01 Dec 2016 • by Natalie Aster
LONDON – China’s booming PVC industry exerts an increasing influence on that of the world. In the last few years, China has become the leading polyvinyl chloride (PVC) manufacturer and consumer globally, with the industry output volume reaching 16.1 million tonnes with a slight YoY decline in China as of 2015.
Meantime, the aggregate consumption of two major PVC consumption areas including tubing and pipes alongside profiles, windows and doors captured over 50% of the total. The tubing industry saw fast-paced development whilst the proportion of PVC tubing witnessed a decline. The downstream demand decreased in line with the real estate development area, resulting to a decrease in the output volume of the profile industry.
Recent years have seen the expansion of the development and distribution of PVC producers to the areas concentrated with raw materials, with the manufacturing capacity transferring from high-cost eastern regions to western and central regions with lower costs. The PVC production capacity expanded rapidly from 2003 and experienced gradual saturation from 2005 due to increasingly mature manufacturing processes and municipal government support, exceeding 25 million tonnes in China by 2014-end.
The Chinese PVC industry is gradually turning from being original pure importer to net exporter. By 2006-end, China became the world’s top maker of PVC outpacing the USA with respect to the manufacturing capacity and output volume. In the recent past, the overall export volume of PVC witnessed a steady hike in the country.
In-demand research report “Research Report on China Polyvinyl Chloride (PVC) Industry, 2017-2021” developed by CRI offers an up-close look at the PVC industry in on a national level. The study investigates the industry development, analyses the supply and demand dynamics, offers foreign trade analysis, investigates the major PVC producers, evaluates the competitive degree in the PVC industry, casts light on the major drivers and market opportunities, gives an analysis on local prices of PVC, estimates the risks and challenges the domestic PVC industry faces, and provides a detailed future development forecast for China’s PVC industry.
More insightful market research reports by our partner can be found at its page.