Polyvinyl chloride, (IUPAC Poly(chloroethanediyl)) commonly abbreviated PVC, is the third most widely used thermoplastic polymer after polyethylene and polypropylene.Fact: date=February 2009 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 with an average rate of approximately 5% in the last years and will probably reach a volume of 40 million tons by the year 2016.Fact: date=June 2009

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