Polyvinyl Chloride Prices, Trend & Forecasts | Provided by Procurement Resource
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PVC, or polyvinyl chloride, is a synthetic resin and a thermoplastic polymer. Polyvinyl Chloride is one of the most widely used polymers in the world due to its versatility. Acids, salts, and lipids are few chemicals against which it is recognised for possessing chemical resistance.
Polymerisation, a process, is used to produce polyvinyl chloride. PVC is the third most widely produced synthetic plastic polymer worldwide.
The top five producers of polyvinyl chloride are China, the US, India, Japan, and Germany. Italy and Turkey are the top importers, on the other hand.
Key Details About the Polyvinyl Chloride Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Polyvinyl Chloride in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline. `
The Polyvinyl Chloride Price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Polyvinyl Chloride Price Trend:
The industrial applications of polyvinyl chloride, such as those in construction, transportation, electronics, healthcare, and packaging, have an impact on its price trend.
Key Market Players:
? Shin-Etsu Chemical Co., Ltd
? Formosa Plastics Corporation
? Occidental Petroleum Corporation
? LG Chem Ltd.
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? Reliance Industries Limited
News and Events:
? January 2021: Shintech announced a capital investment of USD 1.25 billion in January 2021 to support Shin-Etsu Chemical Co. Ltd's integrated PVC business. Shintech Inc., its US affiliate, will be able to enhance production capacity due to this investment. Shintech estimates that it will be able to produce 5.62 million metric tonnes of PVC each year.
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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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Reference Link - https://researz.com/polyvinyl-chloride-price/