
Insurance Telematics Market Size, Share & Trends Analysis Report By Offering (Hardware, Software), By Type (Pay-as-you-drive, Pay-how-you-drive), By Deployment, By Enterprise Size, By End Use, By Region, And Segment Forecasts, 2025 - 2030
Description
Insurance Telematics Market Size, Share & Trends Analysis Report By Offering (Hardware, Software), By Type (Pay-as-you-drive, Pay-how-you-drive), By Deployment, By Enterprise Size, By End Use, By Region, And Segment Forecasts, 2025 - 2030
Asia Pacific Dry PVC Compound Market Growth & Trends
The Asia Pacific dry PVC compound market size is expected to reach USD 3.94 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.62% from 2025 to 2030. The rise in demand for electrical and electronic bias across the region, owing to the technological developments and R&D in the electrical and electronics market is expected to drive the market growth over the forecast period. Furthermore, increasing spending by governments on construction and infrastructure, especially in India and China, is expected to augment the demand for dry Polyvinyl Chloride (PVC) compounds.
Growing demand for beverages is expected to fuel the demand for dry PVC compounds in various applications such as containers and bottles, among others. The rising popularity of pre-packaged meals, bottled water, and beverage consumption among consumers, as well as the growing number of supermarkets and restaurants, is driving the growth of the PVC compounds market in the region.
Moreover, industries such as food and beverage and cosmetics and medicinal products utilize PVC flexible packaging. This is primarily due to its characteristics such as lightweight and ease of usage. Due to increasing demand for packaged food and private investments by market players, the industry is projected to witness considerable growth in the coming years. Additionally, Asia Pacific remains the most lucrative market for the manufacturers of PVC packaging due to strong domestic demand and the availability of cheap labor.
Furthermore, increasing awareness among consumers regarding safety and health hazards for various industries including healthcare, construction, wire & cable, and automotive, is expected to drive the regional demand for dry PVC compounds over the forecast period.
Asia Pacific Dry PVC Compound Market Report Highlights
- Based on application, the pipes and fittings segment led the market with a revenue share of 30.99% in 2024 owing to large-scale urban infrastructure and water management initiatives across the region.
- The building and construction end-use dominated the market and accounted for more than 47.41% of the revenue share in 2024. With increasing emphasis on energy-efficient and sustainable construction practices, the demand for dry PVC compounds in building and construction is expected to rise in the Asia Pacific region
- As of 2024, China accounted for more than 30.50% of the market share in terms of revenue. Rise in infrastructure investments is creating demand for dry PVC compounds in the country. Moreover, the rising popularity of pre-packaged meals, bottled water, and beverage consumption among consumers is driving the market growth
- Due to the rising use of dry PVC compounds in the building industry, major leading players are constantly working on developing their manufacturing plants. Furthermore, many organizations have begun to focus on techniques such as mergers and acquisitions in order to widen their product line and improve their market presence.
- For instance, in May 2023, Formosa Plastics Corporation completed the expansion of its Baton Rouge PVC Plant in Louisiana. Baton Rouge PVC plant can now produce 372 million tons of PVC per day. Formosa will use the byproducts of halogenated acids to make vinyl chloride monomer (VCM). The company expects that by modernizing PVC production, its material output and sales will increase by 20%
Table of Contents
120 Pages
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country Based Segment Share Calculation
- 1.8. List of Data Sources
- Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
- Chapter 3. Insurance Telematics Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Insurance Telematics Market Analysis Tools
- 3.3.1. Industry Analysis - Porter’s
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and social landscape
- 3.3.2.3. Technological landscape
- Chapter 4. Insurance Telematics Market: Offering Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Insurance Telematics Market: Offering Movement Analysis, 2024 & 2030 (USD Million)
- 4.3. Hardware
- 4.3.1. Hardware Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.4. Software
- 4.4.1. Software Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- Chapter 5. Insurance Telematics Market: Type Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Insurance Telematics Market: Type Movement Analysis, 2024 & 2030 (USD Million)
- 5.3. Pay-as-you-drive
- 5.3.1. Pay-as-you-drive Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.4. Pay-how-you-drive
- 5.4.1. Pay-how-you-drive Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.5. Pay-as-you-go
- 5.5.1. Pay-as-you-go Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- Chapter 6. Insurance Telematics Market: Deployment Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Insurance Telematics Market: Deployment Movement Analysis, 2024 & 2030 (USD Million)
- 6.3. Cloud
- 6.3.1. Cloud Deployment Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4. On-premise
- 6.4.1. On-premise Deployment Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- Chapter 7. Insurance Telematics Market: Enterprise Size Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Insurance Telematics Market: Enterprise Size Movement Analysis, 2024 & 2030 (USD Million)
- 7.3. Large Enterprise
- 7.3.1. Large Enterprise Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4. Small & Medium Enterprise
- 7.4.1. Small & Medium Enterprise Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- Chapter 8. Insurance Telematics Market: End Use Estimates & Trend Analysis
- 8.1. Segment Dashboard
- 8.2. Insurance Telematics Market: End Use Movement Analysis, 2024 & 2030 (USD Million)
- 8.3. Passenger Vehicle
- 8.3.1. Passenger Vehicle Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4. Commercial Vehicle
- 8.4.1. Commercial Vehicle Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- Chapter 9. Insurance Telematics Market: Regional Estimates & Trend Analysis
- 9.1. Insurance Telematics Market Share, By Region, 2024 & 2030 (USD Million)
- 9.2. North America
- 9.2.1. North America Insurance Telematics Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 9.2.2. U.S.
- 9.2.2.1. U.S. Insurance Telematics Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 9.2.3. Canada
- 9.2.3.1. Canada Insurance Telematics Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 9.2.4. Mexico
- 9.2.4.1. Mexico Insurance Telematics Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 9.3. Europe
- 9.3.1. Europe Insurance Telematics Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 9.3.2. UK
- 9.3.2.1. UK Insurance Telematics Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 9.3.3. Germany
- 9.3.3.1. Germany Insurance Telematics Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 9.3.4. France
- 9.3.4.1. France Insurance Telematics Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 9.4. Asia Pacific
- 9.4.1. Asia Pacific Insurance Telematics Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 9.4.2. China
- 9.4.2.1. China Insurance Telematics Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 9.4.3. Japan
- 9.4.3.1. Japan Insurance Telematics Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 9.4.4. India
- 9.4.4.1. India Insurance Telematics Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 9.4.5. South Korea
- 9.4.5.1. South Korea Insurance Telematics Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 9.4.6. Australia
- 9.4.6.1. Australia Insurance Telematics Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 9.5. Latin America
- 9.5.1. Latin America Insurance Telematics Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 9.5.2. Brazil
- 9.5.2.1. Brazil Insurance Telematics Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 9.6. Middle East and Africa
- 9.6.1. Middle East and Africa Insurance Telematics Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 9.6.2. UAE
- 9.6.2.1. UAE Insurance Telematics Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 9.6.3. Saudi Arabia
- 9.6.3.1. Saudi Arabia Insurance Telematics Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 9.6.4. South Africa
- 9.6.4.1. South Africa Insurance Telematics Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- Chapter 10. Competitive Landscape
- 10.1. Company Categorization
- 10.2. Company Market Positioning
- 10.3. Company Heat Map Analysis
- 10.4. Company Profiles/Listing
- 10.4.1. Agero, Inc.
- 10.4.1.1. Participant’s Overview
- 10.4.1.2. Financial Performance
- 10.4.1.3. Product Benchmarking
- 10.4.1.4. Strategic Initiatives
- 10.4.2. Aplicom
- 10.4.2.1. Participant’s Overview
- 10.4.2.2. Financial Performance
- 10.4.2.3. Product Benchmarking
- 10.4.2.4. Strategic Initiatives
- 10.4.3. Trak Global Offerings Holdings (Canada), Inc.
- 10.4.3.1. Participant’s Overview
- 10.4.3.2. Financial Performance
- 10.4.3.3. Product Benchmarking
- 10.4.3.4. Strategic Initiatives
- 10.4.4. Masternaut Limited
- 10.4.4.1. Participant’s Overview
- 10.4.4.2. Financial Performance
- 10.4.4.3. Product Benchmarking
- 10.4.4.4. Strategic Initiatives
- 10.4.5. META SYSTEM S.P.A.
- 10.4.5.1. Participant’s Overview
- 10.4.5.2. Financial Performance
- 10.4.5.3. Product Benchmarking
- 10.4.5.4. Strategic Initiatives
- 10.4.6. MiX by Powerfleet
- 10.4.6.1. Participant’s Overview
- 10.4.6.2. Financial Performance
- 10.4.6.3. Product Benchmarking
- 10.4.6.4. Strategic Initiatives
- 10.4.7. Octo Group S.p.A
- 10.4.7.1. Participant’s Overview
- 10.4.7.2. Financial Performance
- 10.4.7.3. Product Benchmarking
- 10.4.7.4. Strategic Initiatives
- 10.4.8. Bridgestone Mobility Offerings B.V.
- 10.4.8.1. Participant’s Overview
- 10.4.8.2. Financial Performance
- 10.4.8.3. Product Benchmarking
- 10.4.8.4. Strategic Initiatives
- 10.4.9. Trimble
- 10.4.9.1. Participant’s Overview
- 10.4.9.2. Financial Performance
- 10.4.9.3. Product Benchmarking
- 10.4.9.4. Strategic Initiatives
- 10.4.10. Sierra Wireless S.A.
- 10.4.10.1. Participant’s Overview
- 10.4.10.2. Financial Performance
- 10.4.10.3. Product Benchmarking
- 10.4.10.4. Strategic Initiatives
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