The global polyvinyl chloride market is expected to grow from 53.82 million tons in 2025 to 55.89 million tons in 2026 and to reach 67.51 million tons by 2031, at a CAGR of 3.85% over 2026-2031, according to Mordor Intelligence. The expansion reflects PVC’s entrenched role in water infrastructure, healthcare disposables and new-generation electric vehicles, even as regulations tighten around traditional additives, supported by a favourable performance-to-price ratio in fast-urbanizing regions where substitutes cannot yet match PVC’s durability, chemical resistance or ease of processing.

By product type, rigid PVC commanded 61.40% of market share in 2025, while chlorinated PVC registered the fastest CAGR outlook of 4.55% to 2031 on superior temperature tolerance for hot-and-cold potable systems. By manufacturing process, suspension PVC contributed 74.30% of 2025 revenue, with emulsion PVC poised for a 4.38% CAGR. Pipes and fittings held 49.40% of the market and are projected to grow at 4.22% CAGR, while building and construction led end-use demand with 69.30% of revenue. By stabilizer type, calcium-based systems captured 47.60% of the market, with organotin stabilizers expanding at a 5.05% CAGR.

Asia-Pacific accounted for 59.40% of 2025 consumption and is forecast to pace the market with a 4.21% CAGR; China’s decision to raise PVC import tariffs to 5.5% underscores a policy focus on its 30 million t/yr domestic nameplate capacity, while India’s Jal Jeevan Mission funnels record capital into rural drinking-water networks supporting large-bore PVC pipe demand. Electric vehicles accelerate demand for lightweight dashboards and battery-enclosure liners, and healthcare demand for phthalate-free medical disposables maintains momentum. Producer margins face mixed pressures from Chinese overcapacity on global prices, offset for leading firms by vertical integration into chlor-alkali and recycling operations.