Synthetic Leather Market Estimated to Expand at a Robust CAGR by 2027 - PowerPoint PPT Presentation

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Synthetic Leather Market Estimated to Expand at a Robust CAGR by 2027


Synthetic Leather Market Estimated to Expand at a Robust CAGR by 2027 – PowerPoint PPT presentation

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Date added: 23 June 2020
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Title: Synthetic Leather Market Estimated to Expand at a Robust CAGR by 2027

Polyvinyl Chloride (PVC) Market
  • Global Industry Analysis, Size, Share, Growth,
    Trends and Forecast, 2027

About Us
  • Transparency Market Research (TMR) is a market
    intelligence company, providing North America
    business information reports and services. Our
    exclusive blend of quantitative forecasting and
    trends analysis provides forward-looking insight
    for thousands of decision-makers. We have an
    experienced team of Analysts, Researchers, and
    Consultants, who use proprietary data sources and
    various tools and techniques to gather and
    analyze information. Our business offerings
    represent the latest and the most reliable informa
    tion indispensable for businesses to sustain a
    competitive edge.
  • Each TMR Syndicated Research report covers a
    different sectorsuch as pharmaceuticals,
    chemical, energy, food beverages,
    semiconductors, med-devices, consumer goods, and
    technology. These reports provide in-depth
    analysis and deep segmentation to possible micro
    levels. With a wider scope and stratified
    research methodology, our syndicated reports
    strive to serve clients and satisfy their overall
    research requirement.

  • Improved Properties of PVC to Offer Opportunities
    in the Healthcare Sector
  • Volatility in the prices of chlorine, ethylene,
    and acetylene, used for the production of
    polyvinyl chloride (also known as PVC), fail to
    seize the steady gait of the PVC market.
  • Sales in the polyvinyl chloride market are
    envisaged to arrive at a value tantamount to US
    88 Bn by 2027, as found by a recently published
    study by Transparency Market Research (TMR).
  • Majorly driven by construction, automotive, and
    packaging industries, the availability of
    advanced grades is a key success factor
    catalyzing revenue of the polyvinyl chloride
    market from the electrical cables segment.

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How Impactful is the Toxicity Factor in Limiting
Growth of the PVC Market?
  • Despite a broad array of influencers boding well
    for sales, the toxic fumes that PVC emit when it
    is being melted or heated does raise
    environmental concerns.
  • With the advent of 3D printers and increasing use
    of PVC during the prototyping and manufacturing
    of products, the emission of hydrogen chloride
    fumes is said to have an adverse impact on human
  • Besides this, the material is a form of plastic,
    which has disposal issues.
  • However, the polyvinyl chloride market observes
    the dawn of the circular economy, which is likely
    to beat the fickle raw material prices, alongside
    keeping disposal concerns at bay

PVC Market End Users Stance on Types of
Polyvinyl Chloride
  • Though the rigid type of PVC is more difficult to
    install as compared to its flexible counterpart,
    findings of the report have collected a different
    take of end users.
  • The rigid material has a wider consumer base, and
    it accounts for 53 of the overall market share.
    Given its high tensile strength, it is highly
    rated for underground construction activities.

Key players operating in the global polyvinyl
chloride market include
  • Shin-Etsu Chemical Co., Ltd.
  • Formosa Plastics
  • Inovyn
  • ChemChina
  • Mexichem S.A.B. de C.V.
  • Westlake Chemical Corporation

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