PVC in Europe – Good times ahead for European PVC producers?

Jan 7, 2019

Following a period of depressed demand, European PVC producers are set to experience more favourable market conditions – leading to increases in plant utilisation and margin growth.

But there are some potential headwinds which could scupper this improved profitability – such as competition from low cost producing regions (mainly the USA) and economic uncertainty in key export markets such as Turkey.  But as is seen across the chemicals industry – there will be some players who are better positioned than others to respond to these challenges and to benefit from this more positive landscape.

European supply and demand position:

After the demand destruction experienced during and after the financial crisis – PVC demand in Europe is expected to experience sustained growth – albeit at a relatively low rate.  Over this same forecast period, only limited new capacity is expected – resulting in slightly higher average regional plant utilisation.  Whereas, over the previous ten years, Europe saw quite significant capacity rationalisation.

Click the button below to download the article in full.

Download article on PVC demand