PVC on the rise at least until 2021

According to Ceresana, a market research company, the global consumption of PVC is expected to grow by an average of 3.2% per year at least until 2021. In 2013, the global demand reached 39.3 million tons, 56% of which was generated in the Asia-Pacific region, thus showing a higher potential than other areas. After several years of slowdown,  mature markets such as North America and Western Europe have also shown a positive trend.

The countries (China, India and the United States in particular) that have planned higher investment in the field of construction and infrastructure - which are still the main application of PVC - should record higher than the average growth rates, up to 4.9% in India, whereas Europe should see a moderate increase by only one percentage point.