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Market Summary

uPVC, also referred to as unplasticized Polyvinyl Chloride, is low maintenance and cost-effective material used in building and construction, especially in pipework and window frames. The global uPVC market is anticipated to be valued at USD 74.9 billion by 2027, growing at a steady 6.30% CAGR. The market had a valuation of USD 46.04 billion in 2019. uPVC is also called rigid PVC owing to its hard and inflexible characteristics. The high preference for this material can be attributed to its high resistance to chemicals, water, corrosive environments, and weather. As a framing material, uPVC provides unparalleled quality, is low maintenance, and can be opted in various colors.

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Apart from being low maintenance and highly resistant to the surrounding environment, uPVC offers a plethora of benefits. The uPVC material offers insulation against rain, it is recyclable, offers UV protection, sound insulation, resistant to saltwater, impact resistance, and has several other commercial applications. The unplasticized PVC does not have any additive material added to it during production as the normal PVC and hence requires less energy input during production. The development and upgradation in this material have expanded its use in windows, building material, doors, shutters, and automobile body parts.

With significant benefits and substantial characteristics, uPVC has managed to occupy about 50% of the total market share in developed countries such as the United States and the U.K. The material also goes by the name vinyl siding or vinyl in these countries. uPVC products are recyclable and are environment friendly making them more suitable for the construction industry.

Application Type Outlook:

Based on applications, the window frames sub-segment is expected to majorly drive for the positive expansion of the market. This can be due to an increased demand for energy-efficient windows to improve the energy efficiency of the buildings and commercial spaces. The demand shift towards the uPVC windows is gaining popularity because they are strong, durable, and provide wind resistance. Because of the absence of hazardous chemicals in the uPVC doors and windows, the material has received approval for a green building concept from several organizations in the world.

End-User Outlook:

Based on the end-use, the sub-segment holding the highest share of the industry is the building and construction. This is due to heat insulation, wind-resistant, and durability of the material. The low cost of the material further boosts the positive growth of the industry. Automotive and transportation follows on a close second along with the electronics segment. The automotive sub-segment is a fast-growing segment owing to an increased approach towards minimizing carbon emissions by lowering the weight of the vehicle.

Regional Outlook:

The Asia Pacific has been commanding the market over the years due to rapid growth in the automotive industry. The region holds the highest consumption rate of the material owing to the presence of established and constantly growing automotive, construction, and consumer electronics industries. The region is also witnessing high demand due to the shift of the industries from key regions such as Europe and North America owing to the stringent government policies and uncertain prices of raw materials and substances. Europe holds the second-largest share of the industry.

Market-O-Nomics:

Demand for low maintenance window frames, pipes, and doors is driving the demand of the industry. Building and construction segment is, therefore, witnessing a surge in the market share.

uPVC doors and windows have no added chemicals and are therefore non-hazardous and free of lead. This property of uPVC has resulted in it gaining approval from authorities for a green building concept.

Increasing awareness of the benefits of uPVC and elements such as rapid urbanization, regulatory framework, and rising concerns for energy saving is expected to positively influence the use of this material in doors and windows.

Asia-Pacific is predicted to lead the industry owing to rapid industrialization, an increasing number of automotive industries, and developments in electric and electronic industries.

Competitive Landscape:

Prominent leaders profiled in the industry include Koemmerling, Ercross SA, Shin-Etsu Chemical Co., Ltd., Westlake Chemical Corporation, Finolex Industries, Inovyn, LG Chem, REHAU Polymers Pvt. Ltd., International Window Corporation, Intus Windows, Royal Building Products, among others.

The prominent leaders of the industry have undertaken several strategic steps to gain a footing in the market. Key highlights include:

Everglade Windows Ltd., based in the U.K., in 2019 invested in a new uPVC machine that would cater to the rising demands of the premium products of the uPVC material. The company also launched a material grade of the uPVC windows in Ovolo, under the brand name One Collection.

REHAU Polymers Pvt. Ltd. launched RAUKANTEX uPVC edge bands that are non-toxic, DOP free, recyclable, and have anti-fungal and anti-bacterial properties.

FENSA, a government regulatory body in the U.K., has taken several initiatives to utilize uPVC doors and windows as an alternative to woods to offer an eco-friendly approach.

Startup Traction:

Owing to significant applications of uPVC products, the industry is witnessing a high influx of new companies and ventures. Several startups and small scale industries are actively involved in the innovation of the products and technologies.

Deal Landscape:

Deals and alliances have become an integral part of the industry. Several established companies have been forming strategic alliances with small scale industries and startups for advancements in products and technological developments.

Expert Insights:

Reports and Data estimate promising and innovative developments in the uPVC industry, and the use of uPVC products across several industries is expected to garner traction in the business sphere.

Segments Covered in the Report:

The report provides a forecast for revenue generation at the global and regional level and provides insightful data for the industry trends in each segment and sub-segment in each region for the year 2020-2027.

The report has been segmented into types, applications, and regions to provide a better understanding.

Application Type Outlook (Revenue, USD Million; 2017-2027)

Window Frames

Pipes

Doors

End-User Outlook

Revenue, USD Million; 2017-2027)

Automotive

Construction

Electrical

Packaging

Others

Regional Outlook (Revenue, USD Million; 2017-2027)

North America Canada U.S.A

Europe Germany France Italy U.K Rest of Europe

Asia Pacific India China Japan South Korea Rest of APAC

Latin America Brazil Argentina Rest of Latin America

Middle East & Africa Saudi Arabia South Africa U.A.E Rest of MEA

