Global polyvinyl chloride (PVC) capacity is poised to see considerable growth over the next four years, potentially increasing from 60.90 million tonnes per annum (mtpa) in 2023 to 70.97mtpa in 2028. Globally, 28 planned and announced PVC projects are expected to come online by 2028, predominantly in Asia followed by the Middle East.

Asia is expected to add a capacity of 4.70mtpa from eight new-build, planned, and announced projects. As for capacity expansions, the region is expected to add a capacity of 1.01mtpa from six planned projects.

Related Company Profiles

View all

Within Asia, the majority of PVC capacity additions are from upcoming projects in India and China, with 2.49mtpa and 2.20mtpa, respectively. The highest capacity addition in India is from a planned project, ‘Reliance Industries Dahej PVC Plant 2′. It is expected to commence operations in 2027 with a capacity of 1.20mtpa. While in China, ‘Wanhua Chemical Fujian Company Fuzhou PVC Plant’ represents the major upcoming project by 2028. The plant will have an annual production capacity of 0.80mtpa of PVC, starting from next year.

In the Middle East, a total capacity addition of 1.31mtpa is anticipated from one planned and three announced projects. ‘Taziz EDC and PVC Ruwais PVC Plant’ in the United Arab Emirates accounts for the highest capacity addition in the region. This announced project is anticipated to come online in 2028, with a capacity of 0.36mtpa. ‘Qatar Vinyl Company Mesaieed PVC Plant’, a planned project in Qatar, represents the next highest capacity addition in the region with 0.35mtpa. It is expected to begin operations next year. Further details of global PVC capacity and capital expenditure analysis can be found in leading data and analytics company GlobalData’s new report, Polyvinyl Chloride (PVC) Industry Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants to 2028.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.