Development of the PVC market
China's polyvinyl chloride (PVC) is developing at an alarming rate. New construction and expansion projects have been launched, and production capacity has expanded rapidly, and production has increased substantially. From 1997 to 2006, the average annual growth rate of China's PVC production capacity and output was as high as 22.2% and 20.0% respectively.
In 2006, the cumulative production of polyvinyl chloride resin in the country was 8,238,583.86 tons; in 2007, the cumulative production of polyvinyl chloride resin in the country reached 9,716,783.63 tons; the cumulative production of polyvinyl chloride resin in the country from January to May 2008 It is 4,028,666.03 tons.
From 2008 to 2012, the global market demand for polyvinyl chloride (PVC) is expected to grow at an average annual rate of 4%. Especially in some developing countries, market demand will show a rapid growth. The demand for PVC resin in China will also maintain rapid growth, especially in the area of building materials, which is in a period of rapid growth in recent years. With the increasing internationalization of the Chinese market, PVC resin packaging materials and pipes will have a broad space for development in the fields of cement, fertilizer, food, food, beverages, pharmaceuticals, detergents, cosmetics, etc. In addition, the demand for PVC resin in the automotive, communications, transportation and other fields has also increased rapidly. China's PVC resin industry still has a large room for development.