In 2025, the downstream applications of PVC will be differentiated, the demand for building materials will slow down, and the medical and automotive sectors will rise
Release time:2025-04-23
Traditional building materials (such as pipes and profiles) remain the main application fields of PVC, but their proportion is expected to drop below 60% for the first time in 2025. Research reports show that the demand in the medical (disposable products, packaging) and automotive (interior, cables) sectors has grown significantly, with annual growth rates reaching 8% and 7% respectively.
After the COVID-19 pandemic, global standards for medical-grade PVC have become stricter, and domestic enterprises in China and India have accelerated the replacement of imports. The trend of automotive lightweighting has driven the demand for PVC modified materials, especially in new energy vehicles.
The industry needs to be vigilant about the risk of saturation in the building materials market. It is recommended that enterprises focus on high value-added niche markets.
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