PVC modifier Market Trends, Investment Feasibility Analysis Report 2021


Posted September 26, 2017 by 123Marketresearch

Global PVC modifier market is expected to rise at a higher CAGR during the forecast period due to the increasing needs for PVC additives.

 
Global PVC modifier market is expected to rise at a higher CAGR during the forecast period due to the increasing needs for PVC additives. In general, modified PVC or PVC modifier is an optimized blend of ductility & strength. Characteristically, an important aspect of modified PVC is to gain an amalgamation of high strength and toughness. The strength is measured by pressure testing and the toughness is evaluated by various methods.

The pipe samples are pressure tested with sharp, longitudinal slashes present on the outer surface. Tough piper may not sustain strength since the wall of thickness is removed. Modified PVC pipes are produced with a thinner wall than conventional PVC due to their enhanced predictability & toughness.
Commercially, the PVC modified market gains a positive traction because of their durable characteristics. Thus, the PVC modifier market is anticipated to grow at a higher CAGR during the forecast period.

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The key driving factors in the PVC modifier market includes alternative for conventional materials with PVC and the rising demand for additive-based PVC additives market. However, factors such as low R&D expenditure in emerging market that impact the quality of PVC additives is likely to impede the market growth during the forecast period.

PVC modifier market is segmented into stabilizers, impact modifiers, processing aids, plasticizers and lubricants, based on type. Stabilizers segment is anticipated to rise at a higher CAGR during the forecast period due to the rise in use of stabilizers, pipes & fittings, rigid & semi-rigid films, wires & cables, window profiles, medical & consumer goods.

PVC modifier market is segmented into extrusion and injection molding, based on fabrication process. Extrusion segment is anticipated to rise at a higher CAGR during the forecast period due to the rise in manufacturing of massive volumes of extruded PVC at a reasonable cost.

PVC modifier market is segmented into pipes & fittings, profiles & tubing, rigid sheet panel, wires & cables and bottles, based on application. Pipes & fittings segment is anticipated to grow at a higher CAGR during the forecast period owing to rising demand for auxiliary concrete, iron and steel-based pipes& fittings with PVC pipes in the building & construction industry.

PVC modifier market spans North America, Latin America, Asia-Pacific, and Middle-East & Africa. APAC regions are largest market for PVC additives owing to tremendous industrialization and enhanced living standards are anticipated to drive the market demand for PVC additives. Also, rising applicability of PVC additives in building & construction industry is further anticipated to propel the APAC PVC additives market.

The key players in the PVC modifier market include Kaneka Corporation, Arkema S.V, BASF SE, Songwon Industrial Co Ltd, Akzo Nobel N.V. Adeka Corporation, Clariant AG, Pau Tai Industrial Corporation, Baerlocher GmbH, Shandong Ruifeng Chemical Co Ltd.

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Issued By sairaj
Website Millioninsights
Country India
Categories Business
Tags pvc modifier market analysis , pvc modifier market development trends , pvc modifier market growth , pvc modifier market size
Last Updated September 26, 2017