The uPVC market in the UK overview
The uPVC (Unplasticized Polyvinyl Chloride) market in the UK forms an essential component of the country's construction industry. Important statistics in the uPVC market primarily revolve around sales values, market growth, and factors influencing this growth.
According to the latest data, sales of plastic doors and windows in the UK, a significant portion of which are made of uPVC, reached £2.5 billion in 2021. This reflects the substantial demand for uPVC products in the country's construction sector.
On a global scale, the uPVC market was valued at USD 51.37 billion in 2022, and it is expected to reach USD 99.18 billion by 2032. The UK's share in this growth, although not directly specified in the sources, is likely significant given its sizeable construction industry.
uPVC is widely used in construction due to its fire resistance, rigidity, and durability, particularly for window and door frames. Other important statistics to note include the drivers and challenges of the uPVC market. The growth of the uPVC market is propelled by the demand from the construction industry, urbanization, and population growth. However, challenges such as regulatory limitations, raw material availability, and competition from other materials like HDPE pipes and PVC resin pose constraints to market growth.
The global uPVC market is also driven by its applications in automotive, lightweight vehicles, and recyclability, which may likely impact the UK market. uPVC products, like doors and windows, are durable, customizable, and provide thermal insulation. They are eco-friendly, reusable, and have received approval from green building councils.
Lastly, the future of the uPVC market looks promising. The global uPVC market is expected to reach USD 86.95 billion by 2030, with a compound annual growth rate (CAGR) of 6.8% from 2021. This growth is stimulated by rising consumer awareness, urbanization, increased incomes, and developments in housing construction. As a result, the UK uPVC market is likely to follow a similar growth trajectory in line with these global trends.
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