The global PVC market reached around 30.17 MMT in 2025. The market is projected to grow at a CAGR of 4.30% between 2026 and 2035 to reach nearly 45.96 MMT by 2035.
Base Year
Historical Period
Forecast Period
The United States is the world’s largest PVC, with an annual capacity to export nearly 3 million tons.
Chinese PVC exports to India surged by 80% between March and December 2022-23.
In 2024, India plans to expand its existing PVC production capacity by 35,000 tons.
Compound Annual Growth Rate
4.3%
Value in MMT
2026-2035
*this image is indicative*
| Global PVC Market Report Summary | Description | Value |
| Base Year | MMT | 2025 |
| Historical Period | MMT | 2019-2025 |
| Forecast Period | MMT | 2026-2035 |
| Market Size 2025 | MMT | 30.17 |
| Market Size 2035 | MMT | 45.96 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 4.30% |
| CAGR 2026-2035 - Market by Region | Asia Pacific | 5.0% |
| CAGR 2026-2035 - Market by Country | India | 5.7% |
| CAGR 2026-2035 - Market by Country | China | 4.7% |
| CAGR 2026-2035 - Market by Product Type | Chlorinated PVC | 4.9% |
| CAGR 2026-2035 - Market by End Use | Building and Construction | 5.1% |
| Market Share by Country 2025 | UK | 3.7% |
During the first 9 months of 2023, the USA’s PVC exports recorded a year-on-year growth of 35%. While Canada imported 365 kilotons of PVC, Mexico imported 234 kilotons of PVC and became the second-largest buyer of the USA, recording a year-on-year surge of 9%. Exports to India (205 kilotons), Brazil (50 kilotons), UAE (53 kilotons), Vietnam (79 kilotons), Turkey (170 kilotons), China (140 kilotons), and EU27 (210 kilotons) surged by 400%, 355%, 165%, 107%, 106%, and 100%, respectively. The United States is further planning to expand its existing production capacity by 3,80,000 tons in 2024.
Globally, 48 million tons of PVC is consumed by a wide range of sectors such as construction, and packaging for various purposes. In 2020, 731,461 million tons of PVC was recycled within Europe by the European Council of Vinyl Manufacturers. Based on production, PVC is the third most popular synthetic plastic polymer due to its strong and lightweight nature.
The construction sector of Egypt and Kenya is expected to grow at a CAGR of 8% over the forecast period, due to increasing government investments in infrastructure development. This is expected to increase the demand for PVC for manufacturing wires and cables, pipings and fittings, and tubings and hoses, among others.
Global PVC Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Market Breakup by Stabiliser Type
Market Breakup by Application
Market Breakup by End Use
Market Breakup by Region
| CAGR 2026-2035 - Market by | Product Type |
| Chlorinated PVC | 4.9% |
| Rigid PVC | 4.6% |
| Flexible PVC | XX% |
| Low Smoke PVC | XX% |
| Others | XX% |
| CAGR 2026-2035 - Market by | End Use |
| Building and Construction | 5.1% |
| Healthcare | 4.8% |
| Automotive | XX% |
| Electrical and Electronics | XX% |
| Packaging | XX% |
| Others | XX% |
| CAGR 2026-2035 - Market by | Region |
| Asia Pacific | 5.0% |
| Europe | 3.7% |
| North America | XX% |
| Latin America | XX% |
| Middle East and Africa | XX% |
| CAGR 2026-2035 - Market by | Country |
| India | 5.7% |
| China | 4.7% |
| Mexico | 4.3% |
| UK | 3.9% |
| USA | 3.8% |
| Canada | XX% |
| Germany | 3.5% |
| France | XX% |
| Italy | XX% |
| Japan | XX% |
| Australia | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
Based on region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. Over the forecast period of 2026-2035, the Asia Pacific and Europe are expected to grow at a CAGR of 5.0% and 3.7% respectively, due to rising infrastructure development and construction activities.
| 2025 Market Share by | Country |
| UK | 3.7% |
| USA | XX% |
| Canada | XX% |
| Germany | XX% |
Major end-users of plastics are focusing on using recycled PVC as an industrial raw material to reduce carbon emissions and achieve net zero targets, as per their corporate social responsibility strategy.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached nearly 30.17 MMT in 2025.
The market is projected to grow at a CAGR of 4.30% between 2026 and 2035.
The market is assessed to witness healthy growth in the forecast period to reach around 45.96 MMT in 2035.
The different types of products rigid PVC, flexible PVC, low smoke PVC, and chlorinated PVC, among others.
The different applications of PVC include pipes and fittings, film and sheets, wires and cables, bottles, and profiles, hoses, and tubings, among others.
The different regions covered in the market report are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The key market players are INEOS AG, Westlake Corp., Formosa Plastics Corp., LG Corp. (LG Chem Ltd.), Occidental Petroleum Corp., Saudi Basic Industries Corporation SJSC, Orbia Advance Corporation SAB de CV, Shin-Etsu Chemical Co. Ltd., Xinjiang Zhongtai Chemical Co. Ltd., and KEM ONE SAS, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Stabiliser Type |
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| Breakup by Application |
|
| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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