QYR Market Research Global PVC Compound market research | Page 4

QYResearch
The global PVC Compound industry has a low concentration. The major manufacturers
are concentrated in USA, and Europe, such as Westlake Chemical, Mexichem, Aurora
Plastics, Benvic Europe and INEOS Compounds. At present, Westlake Chemical is the
world leader, holding 23.5% production market share in 2016.
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The global PVC Compound market is valued at 3140 million US$ in 2017 and will reach
3140 million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
PVC Compound downstream is wide and recently PVC Compound has acquired increasing
significance in various fields of Wire & Cable, Pipe & Fitting, the PVC Compound
market is mainly driven by growing demand for Profiles & Tubes. Profiles & Tubes
accounts for nearly 25.8% of total downstream consumption of PVC Compound in global.