October 27, 2023
(press release)
–
US demand for polyvinyl chloride (PVC) resin is forecast to increase 1.5% per year in volume terms through 2027, according to Polyvinyl Chloride: United States, a report recently released by Freedonia Focus Reports. Suppliers are expected to benefit from rising building products shipments and expanding manufacturing output. The passage of the Infrastructure Investment and Jobs Act will continue to boost demand for PVC resin in the building products market. However, faster gains will be restrained by health and environmental concerns relating to dioxins and plasticizer use, which will spur preferences for alternatives to PVC resin in the packaging and transportation equipment markets. US shipments of PVC resin are forecast to see annual volume declines of less than 1.0% through 2027. The high level of shipments in 2022 will preclude further gains. Competition from alternative materials will also restrain sales. However, after a projected decline in 2023, shipment levels are expected to see slight gains. US producers will benefit from demand growth, as well as the export advantages US producers enjoy due to access to low-cost stocks of natural gas. Furthermore, sanctions against Russia over the Russia-Ukraine war have driven up natural gas prices around the world, particularly in Europe, supporting US suppliers. These and other key insights are featured in Polyvinyl Chloride: United States. This report provides annual forecasts to 2027 for US PVC resin demand and shipments in pounds. Total demand is segmented by market in terms of: building products electrical and electronic products consumer and institutional products packaging transportation equipment other markets such as furniture and furnishings; industrial goods and machinery; and adhesives, inks, and coatings To illustrate historical trends, total demand, total shipments, the various segments, and trade are provided in annual series from 2012 to 2022. total historical market size and industry output segmentation by products and markets identification of market drivers, constraints, and key indicators segment-by-segment outlook in five-year forecasts a survey of the supply base suggested resources for further study
Re-exports of PVC resin are excluded from demand and trade figures.
More information about the report is available at:
https://www.freedoniagroup.com/freedonia-focus/polyvinyl-chloride-united-states-ff55020.htm
About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Plastics & Other Polymers reports can be purchased at Freedonia Focus Reports or MarketResearch.com.
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