In 2023, the PVC resin powder industry in the Middle East will have an annual production capacity of over one million tons, mainly consuming hard PVC resin

Core data of this article: PVC production capacity in the Middle East region, PVC production in the Middle East region, and apparent consumption of PVC in the Middle East region

Production capacity exceeding one million tons/year, mainly supplied by Iran

The Middle East region is one of the main regions for global PVC production and consumption. In 2021, the PVC production capacity in the Middle East region was 1.26 million tons/year, accounting for 2% of the global PVC production capacity.

In terms of the distribution of producing countries, Iran, Saudi Arabia and Türkiye will be the main PVC producing countries in the Middle East in 2021, accounting for 58%, 30% and 12% of the production capacity respectively.

Production may reach 1.22 million tons in the future

In 2021, the PVC production in the Middle East region was 1.02 million tons. According to the prediction of China Chlor-Alkali Network, the PVC production in the Middle East region will maintain an upward trend in the future. It is expected that by 2025, the production in the Middle East region will reach 1.22 million tons, with a CAGR of 4.58%.

The consumption is nearly 2 million tons, mainly consisting of hard PVC

In 2021, the apparent consumption of PVC in the Middle East was 1.99 million tons. From the perspective of consumption structure, in 2021, PVC in the Middle East region mainly consumed hard PVC, accounting for 79%; Next is soft PVC, which accounts for 17% of the consumption.