Global demand for Polyvinyl chloride (PVC) continues to remain clouded given the depressed business climate amidst the mounting debt crisis in Europe and slow economic recovery in North America. Growth in the PVC market is primarily driven by the construction industry which accounts for close to three-fourths of the resin demand. Near term growth is expected to remain anemic as the industry struggles to emerge from problems of protracted recovery in the construction sector, price volatility, and destabilization in supply-and-demand balances. After witnessing a tumultuous period of demand contraction in 2008 and 2009, owing to the financial crisis, and de-stocking that prevailed across the value chain, the PVC market witnessed an upsurge in demand, albeit at a sluggish pace in 2010. In 2011 PVC demand remained stagnant at 2010 levels, with no significant growth recorded in the end-use markets. Growth in the near term is expected to remain weak, undermined by the less dynamic pace in construction industry across the developed countries. Amid the slowdown, the market continues to undergo a phase of continued destocking as a result of high inventory levels, primarily in Europe.
Polyvinyl chloride, (IUPAC Polychloroethene) commonly abbreviated PVC, is a widely used thermoplastic polymer.
Vinyl chloride is a colourless gas with a characteristic mild, sweet odour. A toxic and hazardous material, vinyl chloride has been classified as a group A, human carcinogen.
PVC is a thermoplastic material. Thermoplastic materials are those that can be melted again and again.
PVC is strong, lightweight, durable and versatile.
Vinyl chloride monomer (VCM) is used almost exclusively in polyvinyl chloride (PVC) manufacture.
The basic raw materials for PVC are derived from salt and oil.
Polyvinyl chloride is produced by polymerization of the monomer vinyl chloride.
The chemical process for making PVC involves three steps: first, production of the monomer, vinyl chloride; then the linking of these monomer units in a polymerisation process; and finally the blending of the polymer with additives.
There are four polymerization routes for the manufacture of PVC. They are as follows : Suspension Polymerization, Emulsion Polymerization, Bulk or Mass Polymerization, Solution Polymerization.
PVC is commonly used as the insulation on electric wires; the plastic used for this purpose needs to be plasticized.
Polyvinyl chloride is also widely used for producing pipes.
Nowadays, PVC is commonly used in the construction sector, for example in window frames and shutters, pipe cabling and coating, etc..
It can be used for flooring, windows and door frames and shutters, water and waste pipes, electrical applications such as cable and wire insulation materials, architectural glazing systems, wallpaper, etc.
PVC has been widely used for surgery, pharmaceuticals, drug delivery and medical packaging.
Worldwide PVC is the leading raw material for window frames when it comes down to the fact of comparing weather resistance, mechanical properties and price.
PVC itself is highly dependent on the construction market, which reflects the ups and downs of the world economies.
The global VCM market has been growing at nearly 4%/year. However, growth rates in the developed world have been slipping as these markets mature while stronger demand growth has been seen in Asia, in particular China and India.
It is estimated that the present consumption of PVC pipes is approximately 800,000 tons per annum in India.
In line with Asia-Pacific GDP growth, demand growth for PVC in 2005 is estimated at 7%, representing an increase from approximately 13 million tons in 2004 to almost 14 million tons in 2005.
Existing and projected demand for high-quality PVC is still expected to be supplied by ethylene-based manufacturers.
China has a very dominant role with almost 65-66% of the Asian consumption and about 27% of the World consumption.
China leads the world in both production and consumption of polyvinyl chloride (PVC), and demand will rise 8% annually through 2010.
Construction will remain the largest application while packaging uses will surpass the consumer and institutional segment to become the second largest PVC market.
The major consumption sectors are Irrigation/water supply (38%), Buildings and Construction (23%), the remaining being used in medical, footwear, profiles, packaging etc.
The world consumption of PVC (2001) was around 25 MM MT (55 billion pounds), second only to low density polyethylene.
CONTENTS of the projects covered in the CD
1. BLISTER FILM P.V.C
2. FOAMED PVC COMPOUNDING & ITS PRODUCTS (PROFILES, BOARDS, PIPES, ETC.)
3. P.V.C. NON-WOVEN MAT
4. P.V.C. INSULATION TAPE
5. P.V.C. PIPES & FITTINGS
6. P.V.C. COMPOUNDING (FRESH)
7. P.V.C. BATTERY SEPARATOR
8. P.V.C. FLEXIBLE PIPES
9. P.V.C. FOOT WEAR
10. P.V.C. LEATHER CLOTH
11. P.V.C. WIRES AND CABLES
12. P.V.C. FILMS
13. P.V.C. GRANULES FROM PLASTIC WASTE
14. P.V.C. CONDUIT PIPES
15. P.V.C. COVER & FILES (CONFERENCE BAGS, FOLDERS, FILE COVERS, DIARY COVERS ETC.)
16. P.V.C./PLASTICS (SOFT/RIGID) FILMS/SHEET
17. P.V.C. INSULATION TAPE
18. P.V.C. STABILIZERS
19. P.V.C. EXTRUSION PROFILES (WIRING CHANNELS)
20. P.V.C. RESIN FROM CALCIUM CARBIDE
21. P.V.C. INDUSTRIAL PRODUCTS (INJECTION MOULDED)
22. P.V.C. FLUSH CISTERN
23. RIGID PVC COMPOUNDED GRANULES FOR INJECTION MOULDING
MACHINE (USED FOR PIPE FITTINGS, ELBOWS, SOCKETS, NUTS, ETC.)
24. uPVC DOORS & WINDOWS
25. uPVC DOORS & WINDOWS PROFILES
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