North America PVC Market Report and Forecast 2025-2034

The North America PVC market reached approximately 4.17 MMT in 2024. The market is projected to grow at a CAGR of 4.20% between 2025 and 2034, reaching a volume of around 6.29 MMT by 2034.

North America PVC Market Growth

Since the start of 2021, there has been a notable increase inconstructionactivity in the United States, signifying a significant period of economic growth and industrial expansion. This surge has led to a multitude of construction projects, with a combined value of an impressive $500 billion, each project surpassing the billion-dollar mark. The recent upturn in the US construction sector can be largely attributed to three key pieces of legislation enacted in 2021 and 2022: the Infrastructure Investment and Jobs Act (IIJA), the Inflation Reduction Act (IRA), and the Creating Helpful Incentives toProduce Semiconductors(CHIPS) Act. The ongoing demand for new residential buildings and home renovations is driving the need for PVC in various applications such aspipes,windows, andflooring. Additionally, investments incommercial real estateand infrastructure projects, including roads, bridges, and public buildings, are further boosting the demand for durable and cost-effective PVC products.

The United States of America has successfully marketed over 800,000 vehicles in the year 2022.Polyvinyl chloride (PVC)is a commonly utilised material for insulatingwires and cableswithinelectric vehicles, owing to its exceptional electrical insulating characteristics. This material plays a crucial role in ensuring the safety and dependability of the vehicle's electrical system. PVC's robustness and ability to withstand abrasion, chemicals, and various environmental elements make it an ideal choice for safeguarding wires and cables, which are vital components of the vehicle'selectrical and electronicsystems.

North America PVC Industry Segmentation

“North America PVC Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

Rigid PVC
Flexible PVC
Low Smoke PVC
Chlorinated PVC
Others

Market Breakup by Stabilizer Type

Calcium Based Stabilizers (Ca-Zn Stabilizers)
Lead Based Stabilizers (Pb Stabilizers)
Tin and Organotin Based Stabilizers (Sn Stabilizers)
Barium Based Stabilizers
Others

Market Breakup by Application

Pipes and Fittings
Film and Sheets
Wires and Cables
Bottles
Profiles, Hoses, and Tubings
Others

Market Breakup by End Use

Automotive
Building and Construction
Electrical and Electronics
Packaging
Healthcare
Others

Market Breakup by Country

United States
Canada

North America PVC Market Share

Based on end use, the market is segmented into automotive, building and construction, electrical and electronics, packaging, and healthcare, among others. The building and construction segment

is projected to grow at a CAGR of 10.7% during the forecast period of 2025-2034. PVC is widely used in the building and construction sector due to its flexibility, longevity, affordability, and simple installation process. Fromplumbingand electrical systems to windows, doors, roofing, and flooring, PVC offers robust, economical, and easy-to-maintain options that cater to the requirements of contemporary construction.

Leading Companies in the North America PVC Market

Major players are focusing on sustainable production methods to gain a competitive edge in the market.
INEOS AG
Westlake Corp.
Formosa Plastics Corp.
LG Corp. (LG Chem Ltd.)
Occidental Petroleum Corp.
Saudi Basic Industries Corporation SJSC
Orbia Advance Corporation SAB de CV
Shin-Etsu Chemical Co. Ltd.
AMCO Polymers
Aurora Material Solutions, LLC
Others Show more