Poly (vinyl chloride) (PVC) is commercially one of the most important thermoplastics in the world today. Its growth rate averaged 7% per annum in the 1970s. In 1980 it was the second largest volume thermoplastic used in the United States (the first being low-density polyethylene (LDPE) and was the lowest priced among the five leading plastics: LDPE, PVC, high-density polyethylene (HDPE), polypropylene (PP), and polystyrene (PS).