Recovery in construction industry set to push growth of global PVC market

摘要

WITH global recession on the wane, the construction industry will again boost demand for PVC globally, according to Germany-based Ceresana Research. "The average annual growth rate of 3.3% seen in the past eight years is likely to be surpassed in fu-ture. PVC demand is likely to increase at an average annual rate of 3.9% over the next years," the market research firm said. Ceresana expects the global PVC market to reach revenues of more than US$65-bn in 2019.