In 2025, the PVC industry will face a green transformation, with bio-based and recycled PVC becoming the focus
With the advancement of the global carbon neutrality process, the trend of green transformation in the PVC industry will be significant by 2025. Research reports indicate that bio-based PVC and recycled PVC will become investment hotspots, with market sizes expected to grow to 1.2 million tons and 3 million tons respectively by 2025.
The policies in Europe and North America are the strictest, requiring that the proportion of recycled materials in PVC products be no less than 30%, which has driven chemical giants such as Ineos and Shin-Etsu Chemical to increase their investment in research and development. China's "dual carbon" goals have also prompted enterprises such as Wanhua Chemical and Zhongtai Chemical to lay out low-carbon PVC production capacity.
However, high costs and technical bottlenecks remain short-term challenges. The industry needs to reduce the green premium through large-scale production and policy subsidies in order to seize emerging markets.
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The global demand for PVC will continue to grow in 2025, with Asia leading the consumption