Global PVC demand to hit 50 million tonnes by 2020

摘要

Continuing demand from Asia - and notably China -will help to drive up global volumes for PVC by more than a third to nearly 50 million tonnes by 2020, according to a new report. Research conducted by GBI Research said that global PVC demand will show a compound annual growth rate (CAGR) of 4.9% during the next eight years, pushing the market up to 49.5 million tonnes.