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American Vinyls Demand is Expected to Remain Steady in the Forecast Period
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Vinyls Market in the Americas to 2020 – Sustained PVC Demand to Boost Revenues
American Vinyls Demand is Expected to Remain Steady in the Forecast Period The Americas consume a large amount of vinyls. The region’s vinyls demand is around 28.4 million tons per year currently. North America dominates the vinyls consumption in this region and The US is the dominant market. The recent global economic downturn has slowed down the growth in the vinyls market in this region, having its strongest impact on the US. The market in North America is close to maturity and has low scope for further growth. The South and Central American markets are growing faster than those in North America. The vinyls market of the Americas is expected to grow at a Compounded Annual Growth Rate (CAGR) of 1%. The Value Chain of PVC Dominates the Vinyls Market in the Americas The production of Polyvinyl Chloride (PVC) consumes Vinyl Chloride Monomer (VCM) and the production of VCM consumes EDC. These three petrochemicals together form a dominating part of the entire vinyls market in the region by volume. The majority of demand in vinyls by volume is for EDC, which has a share of 44.7% by volume in the Americas’ vinyls demand. VCM has a share of 27.1% in the total vinyls demand. PVC accounts for a share of 21.5% in the vinyls demand. Ethylene Vinyl Acetate (EVA) accounts for a share of 3.6% and Vinyl Acetate Monomer (VAM) holds a share of 3.1% in the Americas vinyls demand.
The US is the Dominating Consumer of Vinyls in the Americas The single largest consumer of vinyls in the Americas is the US, accounting for a share of 83.1% in the region’s total vinyls demand. Brazil accounts for a share of 7.1% in the Americas’ vinyls demand. Canada holds a share of 2.8%, while Mexico holds a share of 4.9%. Argentina has a demand share of 2.1% in the region’s vinyls demand. With the market growth in the other American nations expected to be higher in the coming years, the demand share of the US will reduce by a small amount. Construction Industry Will Lead the Demand Growth of Vinyls in the Region PVC is the major end-use for VCM which in turn, is the major end-use of EDC. As a result, the PVC market drives the demand of the VCM and the VCM market drives the demand for EDC. The PVC market largely depends upon the dynamics of the construction industry. This is because around 73.6% of PVC in the Americas is consumed in the construction industry. PVC finds use in a wide variety of applications in the construction industry such as pipes for water distribution and sewer pipes, windows and roof tiles. For further details, please click or add the below link to your browser: http://gbiresearch.com/Report.aspx?ID=Vinyls-Market-in-the-Americas-to-2020-Sustained-PVC-Demand-to-Boost-Revenues&ReportType=Industry_Report
The construction sector in the Americas is expected to revive as economies recover from the global economic slowdown in the coming years. It will continue to drive the majority of the market for vinyls in the region. GBI Research’s report, “Vinyls Market in the Americas to 2020 - Sustained PVC Demand to Boost Revenues”, provides an in-depth analysis of the Americas vinyls industry. The research presents detailed analysis and forecasts of the major economic and market trends affecting the vinyls markets in Americas. The report contains demand, production analysis and forecasts, drivers and restraints, end use analysis and forecasts, and capacity share analysis of the major producers in the major regions of the world. In addition, it includes demand and production forecasts for the major countries in America. The report also contains the historic and forecast price trends for the major countries. Overall, the report presents a comprehensive analysis of the Americas vinyls market covering all the major parameters. For further details, please click or add the below link to your browser: http://gbiresearch.com/Report.aspx?ID=Vinyls-Market-in-the-Americas-to-2020-Sustained-PVC-Demand-to-Boost-Revenues&ReportType=Industry_Report
Visit our report store: http://www.gbiresearch.com For more details contact: email@example.com North America: +1 646 395 5477 Europe: +44 207 753 4299 +44 1204 543 533 Asia Pacific: +91 40 6616 6782