PVC global market
Now that the global recession has ended, the construction industry will again boost demand for PVC. The average annual growth rate of 3.3% seen in the past eight years is likely be surpassed in future. A recent study of Ceresana Research forecasts PVC demand to increase at an average annual rate of 3.9% over the next years.
The global PVC capacity of approximately 50 million tonnes is anticipated to be expanded by 13 million tonnes by 2019.