Polyvinyl chloride (PVC) resins are produced by a process called polymerization of vinyl chloride and finally blending them with additives. PVC is the most extensively used thermoplastic after polyethylene and polypropylene. PVC resins based products exhibits strong impact strength and stiffness. These products are stable at ambient temperatures, durable, chemically resistive and have non-flammability character. Owing to these excellent features, the end user products of PVC are applicable in construction, food, pharmaceutical, chemical and various other industries. PVC resins also have application in consumer goods and furniture industry wherein they are utilized for manufacturing of raincoats, shoe soles, conveyor belting and other household products. These products are abundantly demanded in construction industry for pipes and fittings, cable insulation, door & vent seals, office furniture and many others.
PVC pipes has been used in various fields; especially for producing water pipes, hence the production of PVC is an important task for this industry and this industry will persistently grow in cominsg years. The crucial factors affecting the growth of PVC resins market are growing infrastructure across the globe, aging population demanding for medical equipment and increasing use of consumer goods. The global PVC Resins Market accounted total revenue for $42.7m in 2017 and is estimated to grow at a CAGR of 3.8% during the forecast period between 2018 and 2023.
What is Polyvinyl Chloride (PVC) Resin?
PVC is made up of 57% chlorine and 43% carbon and comes under the category thermoplastics. It is less dependent on nonrenewable resources such as crude oil or natural gas, etc. than other polymers. Hence in contrast to plastics such as PE, PP, PET and PS, which are totally dependent on oil or gas the use of PVC resin is considered to be ecofriendly. Chlorine gives excellent fire resistance to PVC. Polyvinyl Chloride (PVC) is one of the most versatile plastics with a wide variety of end use applications; e.g., packaging articles and construction.
Additives and pigments are added to PVC during the processing stage in order to enhance the properties as per use, and then the blend is converted into PVC products. It is available in many rigid and flexible forms that are durable and light weight. It can be clear or colored thus it gives designers opportunities which are not with other materials. Usually, thermoplastics are supplied in the pelletized form but PVC resin is often supplied in powder form. The long term storage of PVC is possible since the material is resistant to oxidation and degradation.
What are the major applications for Polyvinyl Chloride (PVC) Resin?
PVC being a thermoplastic polymer has applications across the market. It is being used to manufacture automotive parts, computer accessories, electric isolation, medical and healthcare equipment, electronic components, and many more things which surround us. PVC is one of the most valuable products of the chemical industry in terms of revenue generated. Globally, over 50% of PVC manufactured is used in construction. As a building material, PVC is cheap and easy to assemble.
In recent years, PVC has been replacing traditional building materials such as wood, concrete and clay in many areas. The latest 3D printing uses PVC for injection molding and printing structures for quick construction. As a rigid plastic, it is used as vinyl siding, magnetic stripe cards, window profile, pipe, plumbing and conduit fixtures. This makes PVC most important plastic available in market as it can be easily colored, shaped, molded or processed according to requirements.