Abstract
PVC demand in China to grow 8% annually to 2010
Demand for polyvinyl chloride (PVC) in China will rise 8.0 percent annually to
twelve million metric tons in 2010, primarily driven by healthy (although
moderating) growth in construction expenditures, as well as by advances in
consumer spending and the growing share of plastics in packaging applications.
In 2005, China consumed 8.2 million metric tons of PVC, passing the US to
become the largest consumer of PVC in the world.
Extruded PVC to remain dominant in China
Extrusion is the most important process used to manufacture PVC products in
China, with extruded products projected to make up more than half of the
market in 2010. This growth reflects good opportunities for PVC in the
construction market, which accounted for more than 70 percent of extruded
products demand in 2005. The second largest use, molded products, will grow
more than six percent annually through 2010, based on strong demand in
packaging applications. Increasing growth in synthetic leather production will
drive demand for dispersion coated PVC, which will be the fastest growing use
through 2010.
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