Polyvinyl chloride, commonly abbreviated PVC, is the third most widely used thermoplastic polymer after polyethylene and polypropylene. In terms of revenue generated, it is one of the most valuable products of the chemical industry. Around the world, over 50% of PVC manufactured is used in construction. As a building material, PVC is cheap, durable, and easy to assemble. The PVC world market grew at an average rate of approximately 5% over the last few years and is expected to reach a volume of 40 million tons by the year 2016.

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