Asia Pacific Dry PVC Compounds Market Size, Share & Trends Analysis Report By Application (Films And Sheets, Wires And Cables, Pipes And Fittings), By End-use (Automotive, Building & Construction, Consumer Goods), By Country, And Segment Forecasts, 2025 - 2030
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Asia Pacific Dry PVC Compound Market Growth & Trends
The Asia Pacific dry PVC compound market size is expected treach USD 3.94 billion by 2030, according ta new report by Grand View Research, Inc. The market is expected texpand at a CAGR of 10.62% from 2025 t2030. The rise in demand for electrical and electronic bias across the region, owing tthe technological developments and R&D in the electrical and electronics market is expected tdrive the market growth over the forecast period. Furthermore, increasing spending by governments on construction and infrastructure, especially in India and China, is expected taugment the demand for dry Polyvinyl Chloride (PVC) compounds.
Growing demand for beverages is expected tfuel the demand for dry PVC compounds in various applications such as containers and bottles, among others. The rising popularity of pre-packaged meals, bottled water, and beverage consumption among consumers, as well as the growing number of supermarkets and restaurants, is driving the growth of the PVC compounds market in the region.
Moreover, industries such as food and beverage and cosmetics and medicinal products utilize PVC flexible packaging. This is primarily due tits characteristics such as lightweight and ease of usage. Due tincreasing demand for packaged food and private investments by market players, the industry is projected twitness considerable growth in the coming years. Additionally, Asia Pacific remains the most lucrative market for the manufacturers of PVC packaging due tstrong domestic demand and the availability of cheap labor.
Furthermore, increasing awareness among consumers regarding safety and health hazards for various industries including healthcare, construction, wire & cable, and automotive, is expected tdrive the regional demand for dry PVC compounds over the forecast period.
Asia Pacific Dry PVC Compound Market Report Highlights
Asia Pacific Dry PVC Compound Market Growth & Trends
The Asia Pacific dry PVC compound market size is expected treach USD 3.94 billion by 2030, according ta new report by Grand View Research, Inc. The market is expected texpand at a CAGR of 10.62% from 2025 t2030. The rise in demand for electrical and electronic bias across the region, owing tthe technological developments and R&D in the electrical and electronics market is expected tdrive the market growth over the forecast period. Furthermore, increasing spending by governments on construction and infrastructure, especially in India and China, is expected taugment the demand for dry Polyvinyl Chloride (PVC) compounds.
Growing demand for beverages is expected tfuel the demand for dry PVC compounds in various applications such as containers and bottles, among others. The rising popularity of pre-packaged meals, bottled water, and beverage consumption among consumers, as well as the growing number of supermarkets and restaurants, is driving the growth of the PVC compounds market in the region.
Moreover, industries such as food and beverage and cosmetics and medicinal products utilize PVC flexible packaging. This is primarily due tits characteristics such as lightweight and ease of usage. Due tincreasing demand for packaged food and private investments by market players, the industry is projected twitness considerable growth in the coming years. Additionally, Asia Pacific remains the most lucrative market for the manufacturers of PVC packaging due tstrong domestic demand and the availability of cheap labor.
Furthermore, increasing awareness among consumers regarding safety and health hazards for various industries including healthcare, construction, wire & cable, and automotive, is expected tdrive the regional demand for dry PVC compounds over the forecast period.
Asia Pacific Dry PVC Compound Market Report Highlights
- Based on application, the pipes and fittings segment led the market with a revenue share of 30.99% in 2024 owing tlarge-scale urban infrastructure and water management initiatives across the region.
- The building and construction end-use dominated the market and accounted for more than 47.41% of the revenue share in 2024. With increasing emphasis on energy-efficient and sustainable construction practices, the demand for dry PVC compounds in building and construction is expected trise in the Asia Pacific region
- As of 2024, China accounted for more than 30.50% of the market share in terms of revenue. Rise in infrastructure investments is creating demand for dry PVC compounds in the country. Moreover, the rising popularity of pre-packaged meals, bottled water, and beverage consumption among consumers is driving the market growth
- Due tthe rising use of dry PVC compounds in the building industry, major leading players are constantly working on developing their manufacturing plants. Furthermore, many organizations have begun tfocus on techniques such as mergers and acquisitions in order twiden their product line and improve their market presence.
- For instance, in May 2023, Formosa Plastics Corporation completed the expansion of its Baton Rouge PVC Plant in Louisiana. Baton Rouge PVC plant can now produce 372 million tons of PVC per day. Formosa will use the byproducts of halogenated acids tmake vinyl chloride monomer (VCM). The company expects that by modernizing PVC production, its material output and sales will increase by 20%
CHAPTER 1. METHODOLOGY AND SCOPE
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Applications & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Snapshot, 2021 (USD Million)
2.2. Segmental Outlook
CHAPTER 3. MARKET VARIABLES, TRENDS, AND SCOPE
3.1. Market Lineage Outlook
3.1.1. Global Asia Pacific Dry PVC Compounds Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. End-Use Trends
3.4. Regulatory Framework
3.4.1. Standard & Compliances
3.4.2. Safety
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Market Challenge Analysis
3.5.4. Market Opportunity Analysis
3.6. Industry Analysis – Asia Pacific Dry PVC Compounds Market
3.6.1. Porter’s Five Force Analysis
3.6.1.1. Bargaining Power of Supplier
3.6.1.2. Bargaining Power of Buyer
3.6.1.3. Threat of Substitution
3.6.1.4. Threat from New Entrant
3.6.1.5. Competitive Rivalry
3.6.2. PESTEL Analysis
3.6.2.1. Political Analysis
3.6.2.2. Environmental Analysis
3.6.2.3. Social Analysis
3.6.2.4. Technology Analysis
3.6.2.5. Economic Analysis
3.6.2.6. Legal Analysis
3.6.3. Impact of COVID-19 on Asia Pacific Dry PVC Compounds Market
3.6.4. Impact of Russia & Ukraine geopolitical implications on Asia Pacific Dry PVC Compounds Market
CHAPTER 4. ASIA PACIFIC DRY PVC COMPOUNDS MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
4.1. Application movement analysis & market share, 2022 & 2030
4.2. Films and Sheets
4.2.1. Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Films and Sheets, 2018 - 2030 (Kilotons) (USD Million)
4.3. Wires and Cables
4.3.1. Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Wires and Cables, 2018 - 2030 (Kilotons) (USD Million)
4.4. Pipes and Fittings
4.4.1. Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Pipes and Fittings, 2018 - 2030 (Kilotons) (USD Million)
4.5. Profiles, Hoses, and Tubing
4.5.1. Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Profiles, Hoses, and Tubing, 2018 - 2030 (Kilotons) (USD Million)
4.6. Edge Band
4.6.1. Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Edge Band, 2018 - 2030 (Kilotons) (USD Million)
4.7. Others
4.8. Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Others, 2018 - 2030 (Kilotons) (USD Million)
CHAPTER 5 ASIA PACIFIC DRY PVC COMPOUNDS MARKET: END-USE ESTIMATES & TREND ANALYSIS
5.1 End-Use movement analysis & market share, 2022 & 2030
5.1 Automotive
5.1.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by automotive, 2018 - 2030 (Kilotons) (USD Million)
5.2 Building & Construction
5.2.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Building & Construction, 2018 - 2030 (Kilotons) (USD Million)
5.3 Consumer Goods
5.3.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Consumer Goods, 2018 - 2030 (Kilotons) (USD Million)
5.4 Packaging
5.4.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Packaging, 2018 - 2030 (Kilotons) (USD Million)
5.5 Medical
5.5.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by medical, 2018 - 2030 (Kilotons) (USD Million)
5.6 Footwear
5.6.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by footwear, 2018 - 2030 (Kilotons) (USD Million)
5.7 Toys
5.7.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by toys, 2018 - 2030 (Kilotons) (USD Million)
5.8 Others
5.8.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Others, 2018 - 2030 (Kilotons) (USD Million)
CHAPTER 6 ASIA PACIFIC DRY PVC COMPOUNDS MARKET: COUNTRY ESTIMATES & TREND ANALYSIS
6.1 Country movement analysis & market share, 2022 and 2030
6.1.1 China
6.1.1.1 China Dry PVC Compounds Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD million)
6.1.1.2 China Dry PVC Compounds Market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
6.1.1.3 China Dry PVC Compounds Market estimates and forecasts, by End-Use, 2018 - 2030 (Kilotons) (USD Million)
6.1.2 Japan
6.1.2.1 Japan Dry PVC Compounds Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.1.2.2 Japan Dry PVC Compounds Market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (Kilotons) (USD Million)
6.1.2.3 Japan Dry PVC Compounds Market estimates and forecasts, by End-Use, 2018 - 2030 (Kilotons) (USD Million)
6.1.3 India
6.1.3.1 India Dry PVC Compounds Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.1.3.2 India Dry PVC Compounds Market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
6.1.3.3 India Dry PVC Compounds Market estimates and forecasts, by End-Use, 2018 - 2030 (Kilotons) (USD Million)
6.1.4 Australia
6.1.4.1 Australia Asia Pacific Dry PVC Compounds Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.1.4.2 Australia Asia Pacific Dry PVC Compounds Market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
6.1.4.3 Australia Dry PVC Compounds Market estimates and forecasts, by End-Use, 2018 - 2030 (Kilotons) (USD Million)
6.1.5 Southeast Asia
6.1.5.1 Southeast Asia Dry PVC Compounds Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.1.5.2 Southeast Asia Dry PVC Compounds Market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
6.1.5.3 Southeast Asia Dry PVC Compounds Market estimates and forecasts, by End-Use, 2018 - 2030 (Kilotons) (USD Million)
CHAPTER 7 COMPETITIVE LANDSCAPE
7.1 Key global players and recent developments & their impact on the industry
7.2 Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
7.3 Vendor Landscape
7.4 List of key Distributors and Channel Partners
7.5 Key Potential Customers
7.6 Public Companies
7.7 Competitive Dashboard Analysis
7.8 Public & Private Companies
7.9 List of Key Emerging Companies/Technology Disruptors/Innovators
CHAPTER 8 COMPANY PROFILES
8.1.1 Company Overview
8.1.2 Financial Performance
8.1.3 End-Use Benchmarking
8.1.4 Strategic Initiatives
8.2 NHAT HUY GROUP
8.3 AGC Vinythai
8.4 Shin-Etsu Chemical Co., Ltd.
8.5 Prism Masterbatches
8.6 Sinochem Holdings Corporation Ltd.
8.7 Hanwha Solutions
8.8 Xinjiang Zhongtai Chemical Co., Ltd.
8.9 SCG Chemicals Public Company Limited
8.10 NAN YA PLASTICS CORPORATION
8.11 East Hope Group
8.12 Vinacompound Co. Ltd.
8.13 Teknor Apex
8.14 RIKEN TECHNOS CORP
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Applications & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Snapshot, 2021 (USD Million)
2.2. Segmental Outlook
CHAPTER 3. MARKET VARIABLES, TRENDS, AND SCOPE
3.1. Market Lineage Outlook
3.1.1. Global Asia Pacific Dry PVC Compounds Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. End-Use Trends
3.4. Regulatory Framework
3.4.1. Standard & Compliances
3.4.2. Safety
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Market Challenge Analysis
3.5.4. Market Opportunity Analysis
3.6. Industry Analysis – Asia Pacific Dry PVC Compounds Market
3.6.1. Porter’s Five Force Analysis
3.6.1.1. Bargaining Power of Supplier
3.6.1.2. Bargaining Power of Buyer
3.6.1.3. Threat of Substitution
3.6.1.4. Threat from New Entrant
3.6.1.5. Competitive Rivalry
3.6.2. PESTEL Analysis
3.6.2.1. Political Analysis
3.6.2.2. Environmental Analysis
3.6.2.3. Social Analysis
3.6.2.4. Technology Analysis
3.6.2.5. Economic Analysis
3.6.2.6. Legal Analysis
3.6.3. Impact of COVID-19 on Asia Pacific Dry PVC Compounds Market
3.6.4. Impact of Russia & Ukraine geopolitical implications on Asia Pacific Dry PVC Compounds Market
CHAPTER 4. ASIA PACIFIC DRY PVC COMPOUNDS MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
4.1. Application movement analysis & market share, 2022 & 2030
4.2. Films and Sheets
4.2.1. Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Films and Sheets, 2018 - 2030 (Kilotons) (USD Million)
4.3. Wires and Cables
4.3.1. Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Wires and Cables, 2018 - 2030 (Kilotons) (USD Million)
4.4. Pipes and Fittings
4.4.1. Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Pipes and Fittings, 2018 - 2030 (Kilotons) (USD Million)
4.5. Profiles, Hoses, and Tubing
4.5.1. Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Profiles, Hoses, and Tubing, 2018 - 2030 (Kilotons) (USD Million)
4.6. Edge Band
4.6.1. Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Edge Band, 2018 - 2030 (Kilotons) (USD Million)
4.7. Others
4.8. Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Others, 2018 - 2030 (Kilotons) (USD Million)
CHAPTER 5 ASIA PACIFIC DRY PVC COMPOUNDS MARKET: END-USE ESTIMATES & TREND ANALYSIS
5.1 End-Use movement analysis & market share, 2022 & 2030
5.1 Automotive
5.1.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by automotive, 2018 - 2030 (Kilotons) (USD Million)
5.2 Building & Construction
5.2.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Building & Construction, 2018 - 2030 (Kilotons) (USD Million)
5.3 Consumer Goods
5.3.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Consumer Goods, 2018 - 2030 (Kilotons) (USD Million)
5.4 Packaging
5.4.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Packaging, 2018 - 2030 (Kilotons) (USD Million)
5.5 Medical
5.5.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by medical, 2018 - 2030 (Kilotons) (USD Million)
5.6 Footwear
5.6.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by footwear, 2018 - 2030 (Kilotons) (USD Million)
5.7 Toys
5.7.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by toys, 2018 - 2030 (Kilotons) (USD Million)
5.8 Others
5.8.1 Asia Pacific Dry PVC Compounds Market, estimate and forecasts, by Others, 2018 - 2030 (Kilotons) (USD Million)
CHAPTER 6 ASIA PACIFIC DRY PVC COMPOUNDS MARKET: COUNTRY ESTIMATES & TREND ANALYSIS
6.1 Country movement analysis & market share, 2022 and 2030
6.1.1 China
6.1.1.1 China Dry PVC Compounds Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD million)
6.1.1.2 China Dry PVC Compounds Market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
6.1.1.3 China Dry PVC Compounds Market estimates and forecasts, by End-Use, 2018 - 2030 (Kilotons) (USD Million)
6.1.2 Japan
6.1.2.1 Japan Dry PVC Compounds Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.1.2.2 Japan Dry PVC Compounds Market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (Kilotons) (USD Million)
6.1.2.3 Japan Dry PVC Compounds Market estimates and forecasts, by End-Use, 2018 - 2030 (Kilotons) (USD Million)
6.1.3 India
6.1.3.1 India Dry PVC Compounds Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.1.3.2 India Dry PVC Compounds Market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
6.1.3.3 India Dry PVC Compounds Market estimates and forecasts, by End-Use, 2018 - 2030 (Kilotons) (USD Million)
6.1.4 Australia
6.1.4.1 Australia Asia Pacific Dry PVC Compounds Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.1.4.2 Australia Asia Pacific Dry PVC Compounds Market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
6.1.4.3 Australia Dry PVC Compounds Market estimates and forecasts, by End-Use, 2018 - 2030 (Kilotons) (USD Million)
6.1.5 Southeast Asia
6.1.5.1 Southeast Asia Dry PVC Compounds Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.1.5.2 Southeast Asia Dry PVC Compounds Market estimates and forecasts, by Application, 2018 - 2030 (Kilotons) (USD Million)
6.1.5.3 Southeast Asia Dry PVC Compounds Market estimates and forecasts, by End-Use, 2018 - 2030 (Kilotons) (USD Million)
CHAPTER 7 COMPETITIVE LANDSCAPE
7.1 Key global players and recent developments & their impact on the industry
7.2 Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
7.3 Vendor Landscape
7.4 List of key Distributors and Channel Partners
7.5 Key Potential Customers
7.6 Public Companies
7.7 Competitive Dashboard Analysis
7.8 Public & Private Companies
7.9 List of Key Emerging Companies/Technology Disruptors/Innovators
CHAPTER 8 COMPANY PROFILES
8.1.1 Company Overview
8.1.2 Financial Performance
8.1.3 End-Use Benchmarking
8.1.4 Strategic Initiatives
8.2 NHAT HUY GROUP
8.3 AGC Vinythai
8.4 Shin-Etsu Chemical Co., Ltd.
8.5 Prism Masterbatches
8.6 Sinochem Holdings Corporation Ltd.
8.7 Hanwha Solutions
8.8 Xinjiang Zhongtai Chemical Co., Ltd.
8.9 SCG Chemicals Public Company Limited
8.10 NAN YA PLASTICS CORPORATION
8.11 East Hope Group
8.12 Vinacompound Co. Ltd.
8.13 Teknor Apex
8.14 RIKEN TECHNOS CORP
