The global market for PVDC resins and PVDC latex in the construction industry is expected to grow at a high CAGR and reach a large market size by 2027. The demand for PVDC resins and PVDC latex in various applications is being driven by changing market trends, which are expected to continue to support the growth of the industry and market. PVDC resins and PVDC latex are widely used in packaging consumer goods and food products, especially in areas where moisture resistance is critical. The key raw material used to manufacture these materials is VDC. PVDC resins and PVDC latex have several applications, including food packaging, unit packaging for hygiene and cosmetic products, pharmaceutical packaging, sterilized packaging, and non-packaging applications. The revenue from the PVDC resins and PVDC latex market has increased significantly in recent years due to the rise in demand for packaging various products.
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