PVC manufacturers and suppliers can be found worldwide as PVC material is utilized everywhere for various applications. The main use, however, is pipes & fittings, comprising 60% of PVC consumption. Most large PVC manufacturers and suppliers hail from the United States or East Asia.
So, without further ado, let’s begin with our list:
Top PVC Manufacturers and Suppliers
Top 10 PVC Manufacturers in the World by Revenue
|Company Name||Headquarters||Revenue (USD)||Year Founded|
|ChemChina||Haidian District, Beijing, China||46.5 Billion||1984|
|Formosa Plastics Corporation||Kaohsiung City, Taiwan||36.09 Billion||1954|
|Dupont||Midland, Michigan, United States||21.57 Billion||1802|
|LG Chem Ltd||Seoul, South Korea||20.04 BIllion||1947|
|Shin-Etsu Chemical Co., Ltd.||Tokyo, Japan||14.2 BIllion||1926|
|Westlake Chemical Corporation||Houston, Texas, United States||8.63 Billion||1986|
|Axiall||Atlanta, Georgia, United States||8.6 Billion||1985|
|Orbia||Mexico City, Mexico||6.4 Billion||1953|
|Celanese Corporation||Irving, Texas, United States||6.29 Billion||1918|
|PolyOne Corporation||Avon Lake, Ohio, United States||3.24 Billion||2000|
Top 10 PVC Manufacturers in the World by Market Capitalization
|Company Name||Headquarters||Market Capitalization (USD)||CEO/MD|
|Formosa Plastics Corporation||Kaohsiung City, Taiwan||751.157 Billion||Jason Lin|
|DuPont||Midland, Michigan, United States||368 Billion||Edward D. Breen|
|Shin-Etsu Chemical Co., Ltd.||Tokyo, Japan||69.26 BIllion||Yasuhiko Saitoh|
|ChemChina||Haidian District, Beijing, China||64.1 BIllion||Ren Jianxin|
|LG Chem Ltd||Seoul, South Korea||52.57 Billion||Hak Cheol Shin|
|Celanese Corporation||Irving, Texas, United States||17.65 Billion||Lori J. Ryerkerk|
|Westlake Chemical Corporation||Houston, Texas, United States||12.619 Billion||Albert Chao|
|Orbia||Mexico City, Mexico||4.763 BIllion||Sameer S. Bharadwaj|
|Mitusbishi Corporation||Tokyo, Japan||46.23 BIllion||Takehiko Kakiuchi|
|Chang Chun Petrochemical Co., Ltd||Miaoli City, Taiwan||1.933 BIllion||–|
Interesting Read – HDPE Pipe Sizes and Dimensions | A Complete Analysis
Top 10 PVC Suppliers in Terms of Production Volume
|Company Name||PVC Production Capacity (kt)|
|Shin-Etsu Chemical Co., Ltd.||3850|
|Formosa Plastics Corp.||3300|
|Inovyn ChlorVinyls Limited||2500|
|Westlake Chemical Corporation||1800|
|OxyVinyls (Occidental Corp.)||1700|
|CNSG Anhui Hong Sifang Co., Ltd.||1500|
Summaries of Companies
- Formosa Plastics Corporation
- Shin-Etsu Chemical Co., Ltd.
- LG Chem Ltd
- Celanese Corporation
- Westlake Chemical Corporation
- Mitsubishi Corporation
- Chang Chun Petrochemical Co., Ltd
Formosa Plastics Corporation
Formosa Plastics Head Office, Source – Glassdoor.com
Formosa is a Taiwanese plastics company primarily known for manufacturing and supplying PVC resins and other intermediate plastics products like pipes. The company was founded in 1954 by Wang Yung-ching and Wang Yung-Tsai with a US$798,000 loan from United States aid agencies. Their first PVC plant was constructed in Kaoshuing, and production began in 1957. As of 2005, Formosa is the largest PVC manufacturer in Taiwan.
FPS owns many subsidiaries in Taiwan as well as in other countries. They have a significant presence in the United States, and their American Subsidiary, Formosa Plastics Corporation, USA, was founded in 1978, which in turn created four wholly-owned chemical manufacturing subsidiaries in Delaware City, Delaware, Illiopolis, Illinois, Baton Rouge, Louisiana, and Point Comfort, Texas.
Business Address – No. 100號, Shuiguan Rd, Renwu District, Kaohsiung City, Taiwan 814.
Source – Common.Wikipedia.org
DuPont was founded in 1802 By French-American Chemist Éleuthère Irénée du Pont. It was formed after the merger of two chemical giants Dow Chemical and E. I. du Pont de Nemours and Company, on August 31, 2017, and the subsequent spinoffs of Dow Inc. and Corteva. The merged entity was the world’s largest chemical company in the world in terms of revenue.
Amongst its varied lineup of chemicals, It also provides PVC in the form of elastomers, fibers, polymers, and high-performance materials. DuPont caters to clients in industries such as Automotive, Construction, Aerospace, Healthcare & Medical, Energy, and Government & Public sector.
DuPont is committed to investing a significant portion of its revenue in science and innovation for developing more sustainable products and services. The company is focusing heavy capital and resources on developing products with the help of emerging technologies such as Artificial Intelligence & Machine learning, Advanced packaging, miniaturization and speed, Increasing power density & frequency, and Big data & protective analytics.
Business Address – 974 Centre Rd Wilmington, DE 19805.
Engaging Read – ABS Pipe Sizes & Dimensions For Schedule 40 and 80
Source – Forbes.com
Shin-Etsu Chemical, stationed in Tokyo, Japan, is the largest chemical company in Japan. It also has the largest global market share for products like PVC, photomask substrates, and semiconductor silicon.
Shin-Etsu has divided its business into three different verticals:-
- Organic and inorganic materials: These include PVC, silicones, silicon metals, caustic soda, methanol, ovals, and cellulose derivatives
- Electronic Materials: It includes semiconductor silicon, photoresist products, and rare earth magnets for the electronics industry.
- Functional Materials: Synthetic quartz, rare earth, and rare-earth magnets for general use.
“Shin-Etsu” in the company name is derived from Shin’etsu Region, where the company established its first chemical plant as Shin-Etsu Nitrogen Fertilizer in 1926. From its humble beginnings about 8 decades ago, the company has grown exponentially, with lavishing headquarters in Tokyo and 14 manufacturing locations worldwide.
Business address – 6-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo 100-0004.
Source – crunchbase.com
ChemChina, aka China National Chemical Corporation, is a Chinese state-owned Chemicals Company specializing in agrochemicals, rubber products, chemicals materials & specialty chemicals, petrochemical processing, and industrial equipment.
ChemChina has a long history of mergers & acquisitions. It started as a small solvent company named Bluestar company in 1984 with a loan of 10,000 Yuan. ChemChina started expanding rapidly when it took over more than 100 financially troubled chemical factories in China. The founder of ChemChina, Ren Jianxin, hired professional management, and it turned around the factories, making them structurally leaner and more profitable steadily; ChemChina became one of China’s most dynamic state-owned enterprises.
Business Address – China, Beijing Shi, Haidian Qu, N 4th Ring Rd W, 68
LG Chem Ltd
Source – magicnumberip.com
LG Chem is the largest chemical and PVC manufacturing company in South Korea, headquartered in their capital city Seoul. Their PVC products are offered in straight, paste, and resin forms. They are utilized in making pipe, synthetic leather, wire sheath, and wire sheath.
The company owns and operates 8 factories in South Korea and a network of 29 business locations in 15 countries. The network includes 14 overseas manufacturing subsidiaries, seven representative offices, five marketing subsidiaries, two R & D centers, and one holding company in China.
Business Address – Seoul, Yeongdeungpo-gu, Yeoeuido-dong, Yeoui-daero, 128 LG.
Fascinating read – What is PVC Fittings? | What is PVC Connection? | The Definitive Guide
Source – Businesswire.com
Celanese, formerly Hoechst Celanese, is a Fortune 500 global technology specialty chemicals company headquartered in Irving, Texas, United States. It offers PVC resin and other plastic products to industries like Automotive, healthcare, Energy, Construction, electronics, food & beverages, and other sectors worldwide.
Celanese company is also the world’s leading producer of acetic acid, representing almost a quarter of total production. The company boasts 25 production plants and six research centers in 11 countries, mainly North America.
The salient products include
- Intermediate Chemistry
- Cellulose Derivatives
- Emulsion Polymers
- Food Ingredients
- Engineering Materials
- EVA Polymers
Business Address – 222 West Las Colinas Boulevard #900n, Irving, TX 75039, USA
Westlake Chemical Corporation
Source – Businesswire.com
Westlake is a Houston, Texas, headquartered internationally known chemical company specializing in manufacturing petrochemicals, fabricated building products, and polymers. Its PVC resins are used in pipes, fittings, films, and building materials.
Westlake was founded in 1986 by T.T Chao, a pioneer in the global petrochemical industry, by purchasing a polyethylene plant in Lake Charles, Louisiana. Chao’s three decades of experience came in handy for Westlake as it grew rapidly by acquiring more companies, expanding existing facilities, and constructing new manufacturing plants.
Westlake’s PVC resin is utilized in siding, sewer, residential, and industrial applications.
Business Address – 2801 Post Oak Blvd, Houston, TX 77056, USA
Source – Businesswire.com
Orbia, formerly known as Mexichem, is a Mexican global provider of specialty products and innovative methodologies. It operates in 60 countries and makes polyvinyl chloride for coating, construction, water treatment, automotive, electric cable, household, consumer products, and medical applications.
Orbia consists of five business divisions – Building & Infrastructure, Precision Agriculture, fluorinated solutions, Polymer solutions, and data communication centers.
Business Address – Av.Paseo de la Reforma,Col. Cuauhtémoc, Mexico City, Mexico
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Source – logo.wine
Mitsubishi Corporation are one of the largest conglomerates in Japan, with more than 86,000 employees and business ventures in energy, chemicals, machinery, food, and finance. The chemicals business’s main products include PVC, fertilizers, fertilizer products, olefins, polyolefins, polyester raw materials, plastics, urethane raw materials, paint/coating materials, industrial salt, and caustic soda.
Business Address – 1 Chome-1-1 Marunouchi, Chiyoda City, Tokyo 100-0005, Japan.
Chang Chun Petrochemical Co., Ltd
Chang Chun petrochemical has a fascinating history behind its establishment and the abysmal success that it has witnessed in the following years. During the post-world war recuperation of Taiwan in 1949, Messrs Liao Ming-Kun, Lin Shu-Hong, and Tseng Shin-Yi were recent graduates of Taipei Industrial College. They started a business together by taking a loan of NT$500. It was Chun Plastics Factory.
Besides Taiwan, Chan Chun has production bases in China, Singapore, Indonesia, and Malaysia, manufacturing over a hundred products covering chemicals, thermosetting plastics, electronics materials, high-performance engineering plastics, and semiconductors.
Business Address – Taiwan, Miaoli County, Miaoli City, 文山245號360.
Below are the frequently asked questions to get into the depth of top PVC companies and their anatomy
Which country is the largest PVC producer in the world?
China is the world’s largest PVC producer and consumer, with more than 20 million tons of PVC production every year.
What is PVC made from?
The raw materials of PVC are salt and oil. Chlorine is manufactured by electrolysis of salt (That’s the reason why the initial PVC manufacturing plants were located near natural salt reserves). The chlorine is then combined with ethylene that has been obtained from oil. The resulting element is ethylene dichloride which is converted into vinyl chloride moner using high elevated temperatures. These monomer molecules are polymerized, creating polyvinyl chloride resin.
What are the advantages of PVC?
Below are the advantages of PVC:
- Readily available and very inexpensive
- Fanstatic tensile strength
- Outstanding resistance to chemicals and alkalis.
- Very hard and dense and thus withstands deformation relative to other plastics
What are the disadvantages of PVC?
Although PVC’s advantages far outshine its disadvantages, however, there are a couple of cons we should know while working with PVC:
- Poor heat stability
- Emits toxic fumes when subjected to fire or melted.
What is the lifespan of an average PVC pipe?
The lifespan of an average PVC pipe is 50 -75 years.
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In conclusion, the world’s largest PVC manufacturers wield significant influence over global markets, setting the pace for technological advancements, sustainability practices, and pricing structures. Companies from Asia, particularly China, have become dominant players due to their scalability and cost-efficiency.
Their rise has implications for supply chain dynamics, regional economic clout, and the ongoing global shift toward sustainable alternatives. Understanding these key players is essential for anyone involved in the plastics industry, from policymakers to investors.
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