Polyvinylidene Chloride Resins Price Trend and Forecast

Polyvinylidene Chloride Resins Regional Price Overview

Get the latest insights on price movement and trend analysis of Polyvinylidene Chloride Resins in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

 

Polyvinylidene Chloride Resins Price Trend for the First Half of 2024

Asia

In the first half of 2024, the price trend of polyvinylidene chloride (PVDC) resins in Asia remained relatively stable, with fluctuations influenced by various market dynamics.
 

Polyvinylidene Chloride Resins Price Chart

Polyvinylidene Chloride Resins Price Trends and Forecast

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The initial months saw moderate upward pressure on prices due to increased upstream costs driven by higher crude oil and energy prices. However, subdued demand from downstream industries, such as packaging, kept the price growth in check. Continuing on the same sentiments, by the second quarter, there were signs of recovery as downstream industries geared up for the peak season, leading to a mild increase in PVDC resin prices toward the end of the period.

Europe

In Europe, the polyvinylidene chloride resin market experienced mixed trends during the first half of 2024. Early in the year, prices were under downward pressure due to lower production costs and weaker demand from key sectors like food packaging. The market showed a slight recovery in the latter part of the period, supported by increased demand for polyvinylidene chloride resins driven by restocking activities and an uptick in export orders. Despite this, the overall market sentiment remained cautious due to ongoing geopolitical uncertainties and supply chain disruptions.

North America

In North America, the polyvinylidene chloride resin market demonstrated a positive price trend throughout the first half of 2024. Prices were supported by strong domestic demand, particularly from the food packaging sector, where polyvinylidene chloride resins are widely used. The steady demand from downstream industries and a tight supply situation due to limited production capacity kept prices firm. Additionally, North American suppliers benefited from increased export opportunities to Europe, where buyers were looking to diversify their sources amidst rising shipping costs and geopolitical tensions. Overall, the polyvinylidene chloride resin market in North America showed resilience and stability during this period.

Analyst Insight

According to Procurement Resource, the price trend of Polyvinylidene Chloride Resins is estimated to continue its northward trail in the quarters ahead with positive support from each of the major sectors influencing the global dynamics of the commodity.
 

Polyvinylidene Chloride Resins Price Trend for the Second Half of 2023

Asia

In Asia, polyvinylidene chloride is derived from polyvinyl chloride, which also dictates its price trajectory. In addition to this feedstock material, the downstream industries, such as automotive and construction, also had a significant influence on the trajectory of polyvinylidene chloride prices. Thus, during the aforementioned period, the polyvinylidene chloride market in Asia exhibited mixed trends, with the Chinese market weaker compared to the Indian market.

The Indian market showed robust consumption of polyvinylidene chloride, particularly driven by the construction industry, influencing market sentiments and causing fluctuations in polyvinylidene chloride prices. On the other hand, the Chinese segment of polyvinylidene chloride bore the ill consequences of rising competition from the influx of cheap imports and only mild demand scenarios from the downstream industries.

Europe

In Europe, the polyvinylidene chloride industry faced challenges throughout the third and fourth quarters of 2023, marked by subdued demand and high inventories, which occasionally exerted downward pressure on prices. Additionally, the polyvinyl chloride market, from which polyvinylidene chloride is derived, did not offer significant cost support upstream, contributing to overall weak market sentiments. Another factor that had the most depreciating effect on the prices of polyvinylidene chloride was the rise in inflationary pressure and lowered lending activities amid rising economic uncertainties in the market.

North America

In North America, the US polyvinylidene chloride market demonstrated relatively greater stability compared to Asian and European markets, but only in the later months of the year. Prices remained within narrow ranges, suggesting a balanced outlook between supply and demand in the region as they were stabilized by the rise in rates of procurement during the winter holiday season. Additionally, the double-digit percentage decline in the cost of crude oil lowered the overall prices of production, which in turn exerted a positive influence on polyvinylidene chloride prices.

Analyst Insight

According to Procurement Resource, the price trend of Polyvinylidene Chloride is expected to follow the trend observed in its feedstock, the polyvinyl sector.
 

Polyvinylidene Chloride Resins Price Trend for the First Half of 2023

Asia

The Asian price trend for Polyvinylidene Chloride Resins were observed to be bearish throughout the first half of 2023. PVDC prices mostly fluctuated at the lower end. It was dull demand from the downstream construction and packaging industries that kept the Polyvinylidene Chloride Resins prices riddled. Uncertainty around crude oil prices and high amounts of existing inventory stocks also aided the downfall. Overall, low swinging price patterns were observed for PVDC Resins throughout the Asian region.

Europe

The European Polyvinylidene Chloride Resins market behaved no differently than its Asian counterpart. Inventory stocks were overflowing, and the construction sector had taken a major hit as the cost of living rose amidst mounting inflation. This led to the tumbling down of market offtakes and the slowing down of market fundamentals. Overall muted market sentiments were observed for Polyvinylidene Chloride Resins prices throughout the said period.

North America

The North American Polyvinylidene Chloride Resins market followed the global declining price trend as well. As the interest rates grew across the USA because of failing of two major banks, people’s investment behaviours altered, leading to declining investments in the construction sector. Upstream costs were reduced reasonably because of freight normalization and a decline in crude oil prices. Low offtakes led to supply overflow, causing the price trend to tread on a downward trajectory.

Analyst Insight

According to the Procurement Resource, Polyvinylidene Chloride Resins prices are expected to remain unsettled in the coming months, given the high inventory stocks, falling feedstock prices and sluggish demands.
 

Polyvinylidene Chloride Resins Price Trend for the Second Half of 2022

Asia Pacific

The Asian European market saw a sluggish demand from the end-user industries for the commodity. The construction sector witnessed a huge drop in consumer confidence as inflation rose, a major cause of the decline in PVDC prices. September typhoons in several Asian regions and weak market conditions resulted in a bearish trend throughout the third and fourth quarters.

Europe

The European market witnessed a decline in the third quarter supported by weaker domestic offers from the region’s downstream construction industry. Upstream energy costs consistently remained high, and the Russian energy and oil supply bottleneck continued to be a major problem for the market producers. The rise in inflation also impacted the consumers’ willingness to purchase the commodity. These market uncertainties continued to play a major role in the decline throughout the said period.

North America

The PVDC market kept bearish in the said period considering the low upstream feedstock costs for polyvinyl chloride and weak downstream demand from the building industry. Due to constrained house-building activities in the region, there was a slowdown in construction demand, which negatively affected the price trend for polyvinylidene chloride resins. Another factor that assisted in the decline was the tensions/congestions in the West port of North America causing long delays in shipment, thereby hampering the overall logistics.

Analyst Insight

The prices of Polyvinylidene Chloride are likely to remain volatile during the coming months considering the current market momentum. As the demand from the construction industry recovers steadily, the prices are expected to stabilize in the long run.

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About Polyvinylidene Chloride Resins

Polyvinylidene Chloride is a homopolymer obtained via the polymerization of vinylidene chloride with other monomers such as acrylic esters and unsaturated carboxyl groups. It is highly resistant to acids and alkalis and is insoluble in oil and organic solvents. These chemical properties make it ideal for barrier coatings and food packaging, especially for products with high-fat content and intense aromas. PVDC is impervious to mould, bacteria, and insects.

Polyvinylidene Chloride Resins Product Details

Report Features Details
Product Name Polyvinylidene Chloride Resins
CAS Number 9002-85-1
Industrial Uses Food Packaging, Coatings/ Paints, Adhesives, Wastewater Treatment, Fabrics
Chemical Formula (C2H2Cl2)n
Synonyms PVDC, Polyvinylidene Chloride, Poly(1,1-dichloroethene)
Molecular Weight Variable
Supplier Database Axiall, ChemChina, Formosa, Inovyn
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


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Polyvinylidene Chloride Resins Production Processes

  • Production of Polyvinylidene Chloride Resins from Polymerization

In this process, the raw material, i.e., vinylidene chloride, is pressurized, liquefied, and then fed into the reactor where water and suspending agents are already present. The initiator is fed into the polymerization reactor, where PVDC separates as tiny particles and is allowed to grow until it obtains the desired mass. Then the unreacted vinylidene chloride is distilled off and used again.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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