PVC (polyvinyl chloride) is produced by VCM (vinyl chloride monomer). Global PVC production in 2012 came in at 44.2 mn tons, while global PVC capacity in 2012 was 51.3 mn tons. The major downstream applications are pipe & fittings, film & sheets, profiles & tubes etc.... The main producers in the world are Shintech, Formosa Plastics, Oxy etc...