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The global polyvinyl chloride (PVC) market is expected to reach USD 79.11 billion by 2020, according to a new study by Grand View Research, Inc. Increasing construction and infrastructure spending in emerging markets of Asia Pacific and Latin America is expected to remain a key driving factor for global PVC demand. In addition, growth of global automotive industry is also expected to have a positive influence on the market. Volatile raw material prices coupled with the stringent regulatory scenario, particularly in North America and Europe to limit or minimize PVC use for medical applications are expected to remain key challenges for market participants. In order to overcome such challenges, the industry has shifted its focus towards developing bio-based alternatives to PVC which is expected to provide future opportunities for market participants.Construction emerged as the leading application segment and accounted for 55.7% of the total market volume in 2013. Increasing construction spending in BRICS nations on account of organization of global events such as FIFA World Cup and Summer Olympics in these nations is expected to drive the demand for PVC in construction industry. Electrical & electronics is expected to be the fastest growing application segment at an estimated CAGR of 5.4% from 2014 to 2020. Growth of Chinese and Taiwanese electronics industry is expected to spur growth for PVC in electrical & electronics industry. To request a sample copy or view summary of this report: https://bit.ly/2YsXgh8

The study of the global recycled plastics market provides the market size information and industry trends along with the parameters and factors impacting it in both short- and long-term. The study also covers the competitive scenario of the market with respect to major players with their branding strategies and differentiating factors among others. The study ensures a 360° view, bringing out the complete key insights of the industry. These insights help the business decision-makers to make better business plans and informed decisions for the future business. In addition, the study helps venture capitalists and investment professionals in understanding the companies better and take informed decisions. According to Infoholic Research, the global recycled plastics market is expected to grow at a CAGR of 6.8% during the forecast period to reach a value of $66.73 billion by 2025. Regulatory changes by the European Union and China are expected to lead the market growth in the next five years; to be adopted by the US in the later stage. Among applications, bottling is expected to maintain its dominance, while films are expected to witness relatively higher growth.

Raw materials such as cyanide, sulfuric acid, nitric acid, uranium, mercury, and lead are used for the manufacturing of mining chemicals. Increasing production of cement is expected to propel growth of the global mining chemicals market over the forecast period. For instance, according to International Energy Agency, 4.1 Gt of cement were produced globally in 2019. Production reached a high of 4.2 Gt in 2014 and has since remained at around 4.1 Gt. Market Insights Significant growth in the construction and infrastructure sector is expected to offer lucrative growth of the global mining chemicals market. For instance, according to the data released by the Associated General Contractors of America in January 2020, construction expenditure in the U.S. increased 4.1% from November 2018 to November 2019. Moreover, rapid urbanization is also expected to aid in growth of the global mining chemicals market. Read More @ https://coherentmarketinsights-blog.blogspot.com/2020/11/increasing-production-of-cement-to.html

WPC provides a challenge to solid wood/polymer products as alternative construction materials and is expected to increase on a large scale in the near future due to development of more recycled products. Furthermore, reliable and consistent recyclable material supply chains are required for strong market growth, though high demand from automotive sector is expected to augment the market growth.

The global market for EPDM was estimated to be worth around $4.2 billion in 2011 and is expected to reach $6.5 billion by 2017, growing at a CAGR of 6.9% from 2012 to 2017. The demand for global market is expected to rise in Asia-Pacific due to robust growth in end-user industries such as automotive, wire & cables, and lubricant additive of China and India.