Vinyl, also known as ethenyl, is the functional group of alkenyl. It is composed of two simple building blocks of ethylene derived from crude oil and chlorine, based on common salts. Vinyl is one of the most prevalently used plastic globally. Vinyl is a highly recyclable plastic as more than 50% of vinyl polymers are derived from renewable sources. It is less expensive, highly versatile, inflammable, and durable material and hence has become the material of choice for manufacturing vinyl floorings, wire and cable insulations, water pipes, raincoats, shower curtains, blister and clamshell packaging, footwear, etc.
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Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Vinyl Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2027, factoring the impact of Covid -19 Situation.
The building and construction sector generates a substantial demand for vinyl as it is pervasively used in building products, including window frames, wall coverings, floor tiles, gutters, and downspouts, etc. The steadily growing construction sector and the robust growth witnessed by the construction material industry is anticipated to influence the vinyl market positively. The packaging industry is also a significantly large consumer of vinyl. Flexible vinyl films are one of the leading packaging materials in the packaging industry. The high demand for flexible packaging for manufacturing tamper proof medicine and food products and wrapping meat and other perishable food is a major force in driving the vinyl market. Growing uses of vinyl bottles, jars, and containers in packaging fast-moving consumer goods such as cooking oils, peanut butter, shampoos, etc., is anticipated to push the demand for vinyl resins even further. Vinyl has been regarded as a safe material for incineration, and landfilling and its uses are deemed safe by the Environmental Protection Agency (EPA). This is likely to increase the demand for vinyl in various end-use applications.
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The Emerging Players in the Vinyl Market includes
– Ashland Global Holdings Inc.
– BASF SE
– Celanese Corporation
– Interplastic Corporation
– Kuraray Co., Ltd
– LyondellBasell Industries
– Reinchhold LLC
– Sino Polymer Co.
– The Dow Chemical Company
– Wacker Chemie AG
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fabric care market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Vinyl Market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions. The Vinyl Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
Promising Regions & Countries Mentioned in The Vinyl Market Report:
- North America
- Latin America
- The Middle East & Africa
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Table of Contents
Vinyl Market – Landscape
Vinyl Market – Key Market Dynamics
Vinyl Market – Market Analysis
Vinyl Market – Product Type
Vinyl Market – Application Type
Vinyl Market – Geographical Analysis
Key Company Profiles
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