Asia Pacific PVC Market Report and Forecast 2025–2034

Wed, 29 Oct 2025 09:52:50 +0000

The Asia Pacific PVC market attained a volume of 12.73 million metric tons (MMT) in 2024. The industry is expected to witness steady growth, expanding at a compound annual growth rate (CAGR) of 5.00% during the forecast period of 2025–2034, to reach an estimated 20.74 MMT by 2034. The region remains the world’s largest producer and consumer of polyvinyl chloride (PVC), driven by strong industrial activity, rapid urbanization, and infrastructure development in emerging economies such as China, India, and Southeast Asia.