New York, NY -- (SBWIRE) -- 11/26/2020 -- uPVC Market To Reach USD 74.9 Billion by 2027

uPVC Market: An Overview

According to a recent analysis by Reports and Data the global uPVC market size was valued at USD 46.04 Billion in 2019 and is predicted to surpass USD 74.9 billion by the year 2027 growing at a CAGR of 6.3%. uPVC may be additionally referred to as rigid PVC or unplasticized PVC, is a cost-efficient and stiff material that has high resistance towards impact chemicals and corrosive atmospheres. uPVC is essentially a low-cost material that's aesthetic in nature and exhibits properties like high stiffness and flame retardance. uPVC is FDA compliant because it contains low amount of Vinyl Chloride and also suitable for transparent applications. It is also better at chemical resistance compared to flexible PVC. It's good at providing electrical insulation and delivers better barrier against vapor. Woods in construction are often replaced by uPVC, the appearance of which is almost like double-glazed window frames and window sills also referred to as vinyl siding. This material is very adaptable and may be manufactured in several colors or is often made to seem like other material.

uPVC Market Dynamics

uPVC doors and windows are aesthetically appealing, long-lasting, moisture resistant, thermally and acoustically insulated. They display several intangible benefits over their counterparts. They can be customized consistent with the requirements of the purchasers. uPVC exhibits low thermal conductivity and it prevents loss of energy by 30-35%. It avoids condensation from happening which prevents thermal bridging. It never flakes or corrodes. It only needs the check of the seal for maintenance from time to time and lightweight soapy wash.

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uPVC doors and windows are freed from hazardous substances and lead. It has received approval for a green building council in Europe also as in India. uPVC windows and doors are often fully reused during a redesign. Growing awareness about the advantages of uPVC and demographic factors like rapid urbanization regulatory changes and increasing concern about energy efficiency will help in stimulating the uPVC market. uPVC also exhibits incredible resistance to chemical erosion and has smooth inner walls that help to facilitate the water flow. uPVC is most widely utilized in plastic pipes. It operates overflow a good temperature range and pressure. These pipes are exceedingly reliable stiff and cost-efficient and sometimes find application in exterior drainage pipes and sewage lines.

uPVC Market: Regional Outlook

The Asia-Pacific marketplace for uPVC is predicted to register a CAGR of seven followed by LATAM and MEA with CAGR 6.95% and 6.02%, respectively. South Asian countries have witnessed the highest growth rate in trade activities and investment in manufacturing companies. The Asia-Pacific is the largest region for the uPVC market due to the significant contribution from countries like China, Japan, India, and Korea due to the growing end-use industries, including electronics, automotive among others.

uPVC Market: Key Players

Koemmerling
Fenesta
Finolex Industries Ltd
LG Chem, Ercros SA
Kem One
Braskem
Shin-Etsu Chemical Co., Ltd
Inovyn
Westlake Chemical Corporation

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Impact of COVID-19 on uPVC Market:

The coronavirus (COVID-19) disease, recognized as a global pandemic by the WHO, has been the trending topic of 2020. It has been drastically impacting the economy and disrupting the lives ever since it began its ravages and brought the world to a halt as precautions were taken rapidly to arrest its spread. Businesses operating in numerous industries, financial markets and supply chains were all put into disfunction. The construction industry was no exception to this chaos and as the industry came to a halt so did the uPVC market. Since most of the uPVC products are used in either new or old construction, its fate has been tied to the buildings and construction industry and a slowdown in one has dragged the other with it.

But as a vaccine is expected to be launched by mid 2021, things are anticipated to go back to normal and the uPVC market is also expected to gain back its growth stimulus.

Report Highlights:

Detailed overview of the market
Evolving uPVC market dynamics
In-depth uPVC market classification
Historical, present, and anticipated uPVC market size and share in terms of volume and value
Recent uPVC market trends and advances
Competitive landscape
Strategies adopted by key players and products portfolio
Segments, sub-segments, and geographic regions exhibiting growth prospects
A neutral and global perspective on uPVC market performance

uPVC Market: Segmentation

For this report, Reports and Data has segmented the uPVC Market based on end-use, and region.

By End-Use (Revenue in USD Million; Volume in Kilo Tons 2016–2026)
Building and Construction (Window and Door Frames, Pipes and Fittings, Roofing, Curtain Rails, Drawer Slides, Others)
Automotive & Transportation (Exterior, Interior, Electrical and Electronics, Packaging, Others)

Regional Outlook (Revenue in USD Million; Volume in Kilo Tons 2016–2026)
North America
S
Canada
Europe
Germany
Italy
K
France
Rest of Europe
Asia Pacific
China
Japan
Rest of Asia-Pacific
Middle East & Africa
GCC Countries
Rest of MEA
Latin America
Brazil
Rest of Latin America

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