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The APAC polyvinyl chloride (PVC) market size is forecast to increase by USD 9.63 billion at a CAGR of 4.6% between 2023 and 2028. The market is experiencing significant growth due to its extensive applications in various industries. As a synthetic plastic polymer, PVC, derived from vinyl chloride monomer, is an amorphous solid known for its superior chemical resistance and flame-retardant properties. These attributes make PVC an ideal choice for numerous applications, including electrical wiring, building materials, pipes, fittings, conduits, tubing, and medical devices. The construction industry's increasing demand for PVC is a major growth factor, driven by its durability and corrosion resistance. However, the recycling issue of PVC remains a challenge, as it is not biodegradable and poses environmental concerns. Despite this, the market continues to expand due to the versatility and functionality of PVC in various applications. Its chemical resistance, flame-retardant properties, and electrical insulation capabilities make it an indispensable material in numerous industries, ensuring its continued relevance and demand.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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