Transparency Market Research (TMR) provides key insights on the polyvinyldiene chloride resins market in its latest report titled “Polyvinyldiene Chloride Resins Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026.” According to the report, rapid growth of the food packaging industry is predicted to drive the polyvinyldiene chloride resins market during the forecast period.

The report has segmented the global polyvinyldiene chloride resins market into food packaging, osmotic bags, insulating agents, and anti-corrosion agents. The food packaging segment can be further classified into packaging of poultry, cured meats, cheese, snack foods, tea, and confectionaries. Polyvinyldiene chloride resins are used to make wrap films, which offer low permeability to steam and oxygen to prevent food items from contamination.

Advantages of PVDC resins in food packaging include controlled shrink, resistance against heat and high mechanical stress, and suitability for pasteurization. In terms of end-use, the global polyvinyldiene chloride resins market can be divided into food & beverages, medical, and military & aerospace.

The global polyvinyldiene chloride resins market expanded significantly in 2017. This trend is estimated to continue during the forecast period. North America is a key region of the polyvinyldiene chloride resins market, owing to presence of highly attractive aerospace and defense industries in the region. Germany, the U.K., and France are some of the major importers of polyvinyldiene chloride resins in Europe, led by the presence of an expanding food packaging industry in these countries.

Rise in population, increase in urbanization, and changes in lifestyle are projected to boost the polyvinyldiene chloride resins market in Asia Pacific during the forecast period. Demand for polyvinyldiene chloride resins is high in China, India, and Japan. The polyvinyldiene chloride resins market in Latin America and Middle East & Africa is likely to expand at a significant pace during the forecast period, owing to the recent economic progress in these regions.

Key players operating in the global polyvinyldiene chloride resins market include Solvay, Dow DuPont, and Asahi Kasei.

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