According to a report released by TechSci Research, “Global PVC Stabilizers Market By Product Type, By Application, By Region, By Company, Competition, Forecast & Opportunities, 2024”, global PVC stabilizers market is projected to grow at a CAGR of 5% during the forecast period of 2019-2024. Polyvinyl chloride (PVC) is one of the most important commercial plastic materials; however, it is thermally unstable at processing temperature, thus, the processing of PVC at elevated temperatures requires the use of stabilizers. There are various stabilizers used to stabilize the PVC material, which incorporate toxic heavy metals and organotin compounds that have been severely scrutinized for their detrimental environmental effects.
Browse xx market data Figures and Table spread through 110 Pages and an in-depth TOC on “Global PVC Stabilizers Market“
Replacement of conventional materials by PVC in numerous applications and dynamic growth of construction industry are some of the key factors driving the global market of PVC stabilizers. Asia-Pacific dominated global PVC stabilizers market in 2018 and is expected to maintain its market dominance in the coming years as well. Among all the countries, globally, China leads the PVC stabilizers market, closely followed by the US. Growth of the Indian PVC market is expected to be fueled by increasing number of residential construction projects and growing demand for PVC pipes & fittings in the agriculture sector.
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“PVC stabilizers are gaining popularity across the globe, owing to increasing use of PVC in numerous applications such as rigid & semi-rigid films, window profiles, pipes & fittings, and coatings & flooring. Asia-Pacific is expected to emerge as the largest market for PVC stabilizers, globally, with China being the largest demand generating country for PVC stabilizers in the Asian market, owing to robustly growing electrical & electronics market of the country. India is another major market in Asia-Pacific PVC stabilizers market, on the back of growing construction and agricultural sectors in the country. Thus, over the coming years, Asia-Pacific is anticipated to offer lucrative growth opportunities to players operating in global VC stabilizers market.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global PVC Stabilizers Market By Product Type, By Application, By Region, By Company, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of global PVC stabilizers market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in global PVC stabilizers market.
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