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Saudi Arabia Pvc Market Forecast & Opportunities, 2020 – Polyvinyl Chloride

  • Date Submitted: 11/21/2015 02:19 AM
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Saudi Arabia presents the report on “Saudi Arabia PVC Market Forecast & Opportunities, 2020 – Polyvinyl Chloride” (http://www.marketreportsonsaudiarabia.com/industry-mfg-market-research-reports-3025/pvc-saudi-arabia-polyvinyl-chloride.html) Primary research included interviews with PVC suppliers and industry experts.

21 Nov, 2015, Navi Mumbai, India: Marketreportsonsaudiarabia.com presents a new report on “Saudi Arabia PVC Market Forecast & Opportunities, 2020 – Polyvinyl Chloride” Central and Western regions account for over two-thirds of the country’s PVC demand and this trend is expected to continue over the next five years.
Saudi Arabia PVC Market Forecast & Opportunities, 2020 – Polyvinyl Chloride, also known as PVC, is the third most widely used synthetic plastic polymer of the thermoplastics family, after polyethylene and polypropylene. Sold in two forms, namely, rigid and flexible, PVC is produced from VCM (Vinyl Chloride Monomer) and is usually supplied in the form of pelletized material (compounds) with additives already blended in it. Increasing focus towards construction and infrastructural developments is driving the PVC market in the Kingdom. PVC demand in Saudi Arabia is inclined more towards rigid PVC, which has witnessed moderate growth over the last five years, owing to its increasing usage in end user industries. Prominent rigid applications include PVC pipes, PVC window profiles, etc., whereas flexible PVC applications encompass PVC cables and cable sheaths, flooring, etc.

According to “Saudi Arabia PVC Market Forecast & Opportunities, 2020”, the PVC market in Saudi Arabia is anticipated to cross USD892 million by 2020. Central and Western regions account for over two-thirds of the country’s PVC demand and this trend is expected to continue over the next five years. Saudi Arabia PVC market is dominated by one major conglomerate, SABIC (operates with its affiliate Petrokemya), which held the majority market share in 2014. Other players...

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