Research shows that global pvc furniture board demand will show a compound annual growth rate (CAGR) of 4.9% in the next eight years, pushing the market up to 49.5 million tons.

The demand for PVC has grown steadily over the years, from 22.2 million tons in 2000 to 32.3 million tons in 2011. More than 65% of the demand comes from Asia, and China is the main driving force in Asia.

The main end-use sectors in 2011 were construction (17 million tons), packaging (3.7 million tons) and electrical (2.7 million tons).

The automotive, agriculture, footwear and other end-use sectors account for the rest.

Energy efficiency and conservation have become increasingly important, and the European market has been chosen for the sustainability of PVC.