PVC Resin

What is PVC Resin?

PVC is a short form for polyvinyl chloride. A resin can be termed as a material used in producing plastics and rubbers. Now we come to what is PVC resin? It can be said that PVC resin is a white powder used to produce thermoplastics. Widely known for, PVC resin is a thermoplastic resin which can be softened on reheating. PVC Resin is manufactured by the polymerisation of the vinyl chloride monomer, according to the method of polymerisation.

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Who Manufacturers PVC in India?

Keeping an eye on PVC costs will help you figure out whether your current supplier’s pricing is reasonable or if it’s time to look for a new one. There are quite a few PVC Resin manufacturers in India that hold a good supply chain of PVC resin.

When researching resin pricing, keep in mind that there is no one-stop shop for this information. There are simply too many variables that go into deciding resin pricing to fit into a single index.

Almost everything in today’s culture has a fluctuating price. This is true of polymer prices all across the world. Though it’s becoming more difficult to forecast, there are some persistent variables that might help us track a potential increase in Polymer cost.

1) The basic ingredients that determine the value of polymer supply. For example, if the price of the oils used in manufacture rises, the value of the polymer will almost certainly rise as well.

2) Prices can be raised or lowered depending on whether inventories are low or high. Because they don’t want to carry inventory into the next year, most suppliers will price polymers more competitively if they need a large supply near the end of the year.

3) While it may appear obvious, demand has a significant effect in the pricing of polymers. When poly manufacturers have to make capacity modifications, the value is still affected.

4) When a polymer manufacturer has to shut down for maintenance, it impacts the proportion of resins produced, lowering the value of the resins.

5) Trends in different industries have an impact on industry prices in a comparable way. The demand for pre-packaged foods is increasing, as is the demand for plastics.

How many PVC Companies are there in India?

India has become one of the most closely monitored vinyl polymer (PVC) marketplaces in the world as demand and imports have steadily increased. The country is likely to remain at the forefront of global PVC Resin commerce due to its strong reliance on imports and promising possibilities in downstream agriculture and construction.

According to industry estimates, the rate of PVC Resin manufacturers in India increased by about 10% in the 2015-16 fiscal year, reaching 2.7 million tonnes. Imports increased by 16 percent year on year, reaching over 1.6 million tonnes, surpassing domestic production.

In India, 74 percent of PVC was utilized in the pipes and fittings sector that year. This is in stark contrast to global consumption patterns, where pipes and fittings account for only 43% of total consumption.

According to industry estimates, the rate of PVC Resin manufacturers in India increased by about 10% in the 2015-16 fiscal year, reaching 2.7 million tonnes. Imports increased by 16 percent year on year, reaching over 1.6 million tonnes, surpassing domestic production.

In India, 74 percent of PVC was utilized in the pipes and fittings sector that year. This is in stark contrast to global consumption patterns, where pipes and fittings account for only 43% of total consumption.

Reliance Industries Limited had the largest capacity to supply PVC in India in 2019. PVC from Reliance accounted for about half of the country’s capacity, with a production capacity of 750 kilotons. Chemplast was the second-largest PVC maker at the time.

Here are the top 10 PVC Pipes Manufacturers in India, all of whom are well enough and reliable in their fields:

  • Astral Pipes
  • Supreme Industries
  • Finolex Industries
  • Prince Pipes and Fittings Pvt. Ltd
  • Ashirvad pipes Pvt Ltd.
  • Jain Pipes
  • Apollo Pipes
  • Dutron Pipes
  • Sanco Pipes

Astral pipes, Supreme pipes, and Prince pipes are among the most popular in India for home plumbing because they are all well enough and reliable.

What is the difference between PVC Resin & PVC Compound?

Polyvinyl chloride, commonly referred to as PVC plastic by the general population, is a thermoplastic that comes in rigid and flexible forms. Compounders mix additives into the resin to create flexible or stiff PVC compounds in the form of powder or granules after processing.

Vinyl resin is abbreviated as PVC. A resin is a common component in the assembly of plastics and rubbers. The resin is a white powder that is often used to make thermoplastics. Other members of the vinyl family will be used for similar purposes, but PVC is by far the most popular. PVC is widely used in building materials, industrial products, daily necessities, floor leather, floor tiles, artificial leather, pipes, wires and cables, packaging films, bottles, foaming materials, sealing materials, fibers, etc.

PVC (polyvinyl chloride) is one of the most widely used thermoplastic polymers on the planet (next to only some more widely used plastics like PET and P.P.). It’s a naturally white, brittle plastic (before the use of plasticizers). It has a wide range of applications in the construction industry. As a result, these items are frequently lightweight, long-lasting, and low-maintenance.

Poly Vinyl Chloride Resin, or PVC Resin as it is more commonly known, is a thermoplastic that can soften when reheated. PVC granules, which are often available in the form of a powder, are very resistant to oxidation and degradation induced by atmospheric reactions. It appears as a white powdery solid in its natural state.

What are the prices of PVC Resin in India?

PVC Resin manufacturers in India drop the PVC prices almost everyday in reaction to global trends, after reaching a high of Rs 161.84 per kg on October 14, 2021. In India, The resin is now priced at Rs 132.85 a kilogramme, a drop of 18%. After reaching a peak of $2050-2120 a tonne in early November 2021, PVC resin prices in the GCC (Gulf Cooperation Council) region of the geographic area have plummeted about 20% to trade in the $1600-1650 a tonne range.

A senior government official recently confirmed that the Ministry of Commerce and Industry was considering the industry’s request for a duty reduction on the resin, which would lower the cost of the material and make finished plastics products comparable to imported goods in India, as well as make Indian products competitive in the global market. The upcoming Union Budget is expected to include a 5% tariff decrease, according to industry participants.

Meanwhile, the spot for its marets markets have remained slow in terms of buying. The PVC market has temporarily halted due to a surge in new coronavirus (Covid) cases caused by the Omicron mutant, which has forced many state governments to exercise caution and impose new restrictions.

PVC prices have decreased by roughly 20% in the last three months. After stabilising at at Rs 85 per kilogramme for several years, PVC prices jumped to a multi-year high in October 2021. Following that, demand fell as customers and retailers took a vacation from bookings made in the aftermath of the Covid epidemic. As a result, PVC prices have been progressively declining.

India imports $1 billion worth of finished value-added PVC products from duty-free partner countries. In addition, India imports over 2 million tonnes of resin each year, which accounts for nearly half of the country’s need.

The resin business in India has entered a supercycle model, with prices reaching new highs due to supply disruptions and pent-up demand from consumer industries as post-Covid global economies gradually open up. The rising trend, however, is predicted to continue until 2023. No new local resin production facilities for PVC are envisaged in the next few years. PVC facilities planned by Adani and Reliance would not begin commercial production until 2024. Experts predict that PVC availability will be limited until 2023. PVC goods are typically priced between $100 and $150 per kilogram, albeit this fluctuates owing to a variety of causes. Follow us here to stay up to date on market changes and prices.

How to track PVC Resin price in India?

Keeping an eye on PVC costs will help you figure out whether your current supplier’s pricing is reasonable or if it’s time to look for a new one. There are quite a few PVC Resin manufacturers in India that hold a good supply chain of PVC resin.

When researching resin pricing, keep in mind that there is no one-stop shop for this information. There are simply too many variables that go into deciding resin pricing to fit into a single index.

Almost everything in today’s culture has a fluctuating price. This is true of polymer prices all across the world. Though it’s becoming more difficult to forecast, there are some persistent variables that might help us track a potential increase in Polymer cost.

1) The basic ingredients that determine the value of polymer supply. For example, if the price of the oils used in manufacture rises, the value of the polymer will almost certainly rise as well.

2) Prices can be raised or lowered depending on whether inventories are low or high. Because they don’t want to carry inventory into the next year, most suppliers will price polymers more competitively if they need a large supply near the end of the year.

3) While it may appear obvious, demand has a significant effect in the pricing of polymers. When poly manufacturers have to make capacity modifications, the value is still affected.

4) When a polymer manufacturer has to shut down for maintenance, it impacts the proportion of resins produced, lowering the value of the resins.

5) Trends in different industries have an impact on industry prices in a comparable way. The demand for pre-packaged foods is increasing, as is the demand for plastics.

Versatile Uses Of Pvc Resin

PVC Resin can be used in a variety of ways. Other members of the vinyl family can also be used for similar purposes, although PVC is by far the most popular. It outperforms its peers because it can be made in a variety of forms and utilised to make a wide range of products for a variety of sectors. PVC Resin is used in a variety of items, including blood pipes, pipes, and windows. PVC Resin can be used in construction, siding and windows, wiring and cables, and other applications.. In comparison to other thermoplastics, PVC resin is available in powder form, whilst others are offered as granular compounds that have previously been blended with additives (like the antioxidants, etc). Because PVC Resin is resistant to oxidation and degradation, it can be stored for an extended period of time. Various additives and colours are added to PVC Resin during the processing step to create a variety of PVC products with diverse qualities.

Due to India’s limited capacity to create PVC Resin, a large percentage of the demand for PVC is met by imports from other nations, leaving the country with only a few PVC Resin manufacturers. Reliance Industries, Finolex Industries Limited, Chemplast Sanmar Limited, DCW Limited, DCM Shriram Limited, Occidental Petroleum Corporation, Formosa Plastics Group, Mitsui Chemicals, Hanwa Chemical Corporation, LG Chem, Xinjiang Zhongtai Chemical Co. Ltd, and others are some of the major PVC Resin manufacturers in India. These PVC Resin manufacturers have proven to be consistent in their manufacturing Some of the major PVC Resin manufacturers in India include Reliance Industries, Finolex Industries Limited, Chemplast Sanmar Limited, DCW Limited, and others.

What is PVC Resin Made from?

Petroleum is used to make PVC. Sodium chloride is used in the manufacturing process. Impurities are removed from recycled PVC before it is broken down into powder or small fragments. As a result, the product is processed to produce pure white PVC. It can be recycled seven times in total. The lifespan of this PVC Resin is approximately 140 years.

How to make PVC Resin?

PVC resin is primarily made from chlorine and crude oil. It is made using four different manufacturing processes. Suspension, bulk, emulsion/dispersion, and solution methods are examples of these methods. Plasticized PVC has numerous advantages. PVC is frequently created in sheets that will be modified later because it is a thermoplastic, which means it can be melted down and reformed. These are generally difficult.

PVC Resin Products

  • OXY CHEM, USA
  • LG CHEM (LS100H)
  • TPC Vina (SG 660)
  • GHADEER S6558
  • CGPC H66
  • OPC 103

Unveiling Pvc Resin Varieties

Suspension Grade PVC

Suspension Grade PVC is manufactured by polymerizing droplets of Vinyl Chloride monomer suspended in water. It is the most extensively used variety. When the polymerization is finished, the slurry is centrifuged, and the PVC cake is gently dried using appropriate heating systems to avoid heat degradation of the unstabilized resin. The resin’s particle size ranges from 50 to 250 microns, with porous popcorn-like structures that quickly absorb Plasticisers.

Selecting appropriate suspending agents and Polymerisation Catalysts can change the structure of PVC particles. For high volume Rigid or Unplasticised PVC applications such as PVC Pipes, Windows, Sidings, and Ductings, less porous kinds are commonly employed. Suspension grades with larger particles and porous shapes absorb a lot of water.

Emulsion Grade PVC

Emulsion PVC Paste Grade Resin is polymerised PVC that is virtually solely used for Plastisols. Paste grade resin is a very fine particle size PVC made by spray drying a PVC emulsion in water, similar to how milk powder is made. Paste-grade resin requires significantly more energy to manufacture and is far more expensive than Suspension resin. The emulsifying chemicals and catalysts are carried by the paste-grade resin. As a result, it is less pure than Suspension or Bulk Polymerized PVC. Paste-grade resin plastisols have significantly worse electrical characteristics than Suspension Resin Compounds. Suspension and Bulk PVC have lesser clarity. Paste resin has a compact structure and does not absorb a lot of plasticizer. During curing, temperatures of over 160-180oC are required to push the plasticizer into the Resin. Cushion Vinyl Flooring with vast widths frequently employs paste-grade resin. Various layers of specially designed pastes are applied on a suitable substrate (Direct Coating) or Release Paper (Transfer coating). After the release paper is removed, the layers are fused continuously in long ovens and wrapped up. A durable semitransparent wear layer can be applied to rolled excellent flooring over printed and foamed layers that sit on top of thickly filled base coats to increase thickness. Many incredibly appealing and rich effects are conceivable, and these constitute Vinyl Flooring’s highest end.

Bulk Polymerised PVC

Bulk Polymerised PVC is the purest form of PVC resin available because no emulsifying or suspending agents are utilized. They’re most commonly found in transparent applications. Unplasticised PVC Foils for Blister Packaging and other Calendared/Extruded Transparent Films are best processed from lower K Value grades, hence they’re mostly accessible in the lower K value groups. Suspension resin technology has recently pushed Bulk PVC out of the market.

Copolymer Resin

Vinyl chloride is copolymerized with comonomers such as Vinyl acetate to produce a variety of resins with distinct characteristics. The most important is PVAc, or Vinyl Chloride and Vinyl Acetate Copolymer. PVAc’s excellent solvent solubility makes it ideal for Vinyl Printing Inks and solvent cements. PVAc has a unique application in floor tiling and is the resin of choice for Vinyl Asbestos tiles. Instead of being the principal element, the resin serves as a binder. With Copolymer Resin, floor tiles can be made with fillers like asbestos and calcium carbonate accounting for up to 84 percent of the total weight, with the Copolymer and other compounding ingredients accounting for only 16 percent. Such high levels are impossible to achieve with

Pvc’s Diverse Industrial Impact

PVC is widely utilised in construction, transportation, packaging, electrical/electronic, and healthcare applications. It could just be due to its longevity. PVC is a long-lasting building material that can be used in a variety of applications, whether stiff or flexible, or in a variety of colours or just black and white. PVC is widely utilised in many industries and provides a wide range of important products. The government’s heavy investments in infrastructure projects and a focus on expanding irrigational land are the primary drivers of growing PVC consumption.

By now we have inferred that Polyvinyl Chloride, PVC is an amorphous thermoplastic and rigid without a plasticizing agent. PVC is high in hardness and stiffness and excellent in chemical resistance. When at its natural color, PVC is transparent. Though PVC can be welded, glued, and thermoformed excellently well. One of the disadvantages is the low service temperature range of max. 60 C. PVC is used often in chemical equipment and in the electroplating and photo industries. Typical parts made of PVC-U are pump components, fittings, and valve bodies. In addition, PVC is used in blister films, calendered films, artificial leather upholstery, and pipes. PVC is manufactured by ethylene or carbide process. As India is one of the biggest markets for PVC Resin there are multiple industries that have been dealing in Port, export, and trading of PVC Resin & other polymers.

The demand for PVC resin in India witnessed a strong CAGR within the historic years and is projected to comprise a healthy CAGR of over 6.81% during 2015-2030.

The Pipe grade PVC accounts for over 40 percent of the overall demand for PVC in the country as this is widely used in the production of water distribution and underground irrigation pipes. Government policies in the budget of FY 20 for improved facilities for piped water supply in rural areas have given a big & much-needed push in the demand for PVC in the domestic market.

Another big part of the demand for PVC comes from the construction industry where it is widely used in the manufacturing of profiles, films, and insulation. But due to economic depression, a pause in the construction activities has led to a big decline in the demand for PVC in the last few years. On another side, the demand for PVC in packaging applications has witnessed remarkable growth after the outbreak of Coronavirus in the final quarter of FY 20.

The caution and awareness of maintaining good hygiene as a precautionary measure against the virus have made the food and beverage industry increase the usage of flexible packaging to ensure the complete safety of the packaged products. The demand for PVC in the packaging sector is likely to further increase in the coming years as the chances of the virus getting all vanished from the face of the earth is very low.

The total capacity of PVC in India is around 1640 KTA where Reliance Industries holds the maximum share in its production in comparison to the other four leading players. The domestic production of PVC is unable to consolidate the massive demand for the product hence, almost 50 percent of the demand in India is being met through imports.

To sufficiently meet the requirements, the All India Plastic Manufacturers and Association (AIPMA) urged the government in Dec 2019 to cut a significant percentage of the high anti-dumping duty imposed on the product in the past few years. There have been suggestions made & implemented, to impose floor pricing on finished plastic goods imported from China and other major producing countries in order to prevent under-invoicing from foreign manufacturers.