Global price of polyvinyl chloride 2017-2022

The average global price of polyvinyl chloride (PVC) in 2022 was 1,115 U.S. dollars per metric ton, which represents a decrease from the previous year’s average price of 1,449 U.S. dollars per metric ton.

Global PVC market value

The global price and market value of PVC is influenced by several factors, such as supply and demand, feedstock costs, environmental regulations, and trade policies. In 2021, the global market for PVC was valued at 68.3 billion U.S. dollars and is expected to grow at a compound annual growth rate (CAGR) of 3.8 percent from 2022 to 2031. By the end of 2031, the global market for PVC is projected to reach 100.9 billion U.S. dollars.

What are the alternatives to PVC?

PVC is a widely used plastic material that has many applications in various industries, but its environmental and human health impacts present some drawbacks. As a result, there have been a number of efforts to develop alternatives to PVC that use natural, biodegradable, or recyclable materials. Some of these alternative plastic polymers include polypropylene (PP) and polyethylene terephthalate (PET) which offer better recyclability and lower emissions. Paper-based alternatives also exist, which are both renewable and compostable, making them an eco-friendly option for packaging and disposable items. Other alternatives include polylactic acid (PLA), derived from plant sources, which is also biodegradable and ideal for food packaging and 3D printing; wool felt, a natural material with water resistance and insulation properties, suitable for clothing and crafts; and bioplastics, made from renewable biomass sources such as vegetable fats and oils, corn starch, or pea starch. These alternatives offer various benefits and challenges depending on the intended use and material availability.