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Bullboard - Stock Discussion Forum Arkema Ord Shs ARKAF

Chemicals Specialty Chemicals

Arkema SA is a France-based chemical producer, which provides specialty chemicals and advanced materials. The Company manufactures a range of products for industries, including construction, packaging, chemical, automotive, electronics, food, and pharmaceutical industries. The Company operates through five business segments: Advanced materials that includes high performance polymers, specialty... see more

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PINL:ARKAF - Post Discussion

Arkema Ord Shs > Polyvinyl Chloride Market to reach US$ 63.7 Billion by 2032

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Post by ivosmith on Dec 14, 2023 3:19am

Polyvinyl Chloride Market to reach US$ 63.7 Billion by 2032

According to the latest research report, the global polyvinyl chloride market size reached US$ 45.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 63.7 Billion by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.

Polyvinyl Chloride Market Trends and Drivers:

The PVC market is currently experiencing positive growth due to the increasing demand for durable and flexible materials in the manufacturing of consumer products. PVC, known for its durability, plays a crucial role in the consumer product industry. Products such as vinyl flooring, window frames, and pipes made from PVC exhibit resilience against wear and tear, diverse weather conditions, and exposure to chemicals. This durability ensures a prolonged lifespan for consumer products, reducing the need for frequent replacements. Moreover, PVC can be continually customized to meet specific requirements in terms of color, texture, and thickness. This ongoing customization capability enables manufacturers to create consumer products that align with various aesthetic preferences while maintaining the desired levels of flexibility and durability.

Request a free sample copy of the report: https://www.imarcgroup.com/polyvinyl-chloride-market/requestsample