PVC or polyvinyl chloride is a very generally employed whole thermoplastic that has become ubiquitous due to its non-reactivity, chemical stability, lightweight and longevity. It finds application in various fields like agriculture, construction, automotive sector, gas transportation, consumer-grade plastics, water containers and electronic equipment. Addition of some compounds to the raw material during the production of PVC gives it latest properties that may be needed for application in a specific field. For instance, the addition of impact modifiers such as acrylics and MBS escalate the impact resistance of PVC without impairing its other properties hence making it ideal for usage in automotive and defense applications.
The European PVC business declared an ambitious new set of targets for sustainable development to 2020 and called for the support of policymakers in boosting recycling in Europe. The latest initiative builds on the success of the Vinyl 2010 ten years voluntary commitment to improve the sustainable production and employment of PVC.
Market drivers and restraints:
Population growth and economic development are among the primary drivers of the Europe PVC additives market. The expansion of the regional market is mainly driven by the benefits of PVC over traditional materials. It is light, customizable, inexpensive, reliable, chemically stable and non-reactive at room temperature. It does not degrade and has a very long shelf life. Since it is a polymer, it is easily made with less capital. And PVC cannot be manufactured without the required additives. The additives for PVC are in high demand as the end product is in high demand. The rising employment of plastics to decrease vehicle weight and enhance fuel economy in the automotive sector is also likely to generate the demand for PVC additives in the European nations.
To know more, click on the link below:
Report segmented as:
• Processing aid
• Impact modifiers
On the basis of region, the Europe PVC additives market is segregated into regions of United Kingdom, Germany, France, Italy and Spain. Germany is the biggest economy in Europe and the fifth biggest country in the global PVC additives market. The automotive business is the largest segment in Germany, showcasing around 20% of the total industrial revenue.
Important market players:
The Europe PVC additives market is operated by various market players, such as Kaneka Corporation (Japan), Arkema S.A. (France), BASF SE (Germany), Songwon Industrial Co., Ltd. (South Korea), Akzo Nobel N.V. (Netherlands), Adeka Corporation (Japan), and Clariant AG (Switzerland), among others.
View a sample and decide:
The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
For more information:
Sales Manager at Market Data Forecast