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Emulsion PVC Market Segmented By Product Grade such as Micro-suspension, Micro-seeded and Specialty with Application such as Toys, Gloves, Synthetic leather, electrical cables, sports equipment, stationery
Poly Vinyl Chloride (PVC) paste resin is also known as emulsion PVC Resin. Emulsion PVC is produced by fast polymerization rate. Emulsion PVC is generally characterized by a relatively high impurity content, higher molecular mass distribution, and water absorption rate. Emulsion PVC is a fine particle size PVC which is produced by spray drying process.
Emulsion PVC require much more energy for production and is considerably expensive as compared to suspension resin. PVC emulsion resin carries the emulsifying chemicals that act as a catalysts for various methods. Emulsion PVC resin is compact in structure, and does not absorb much plasticizer at room temperatures.
Emulsion PVC is widely applicable for coating applications such as, rotational molding, coatings, dipping, and among others. Moreover, it is widely used for Cushion Vinyl Floorings of wide widths.
Increasing population coupled with growing demand for consumer goods is consider to be the influencing factor in driving the market of emulsion PVC, PVC based emulsion is widely used in the manufacturing different consumer products such as stationary, toys, sport equipment due to its cheaper price and water resistant property.
Furthermore, growing demand for synthetic leather for various end-use industries such as automotive, textile also leads in escalating the demand for emulsion PVC. As, emulsion PVC is applicable in the formation of seat covers, cushion, jackets etc.
Increasing urbanization and the growing construction activity also plays a role in augmenting the demand for emulsion PVC, emulsion PVC is widely consume in the manufacturing of floor and wall coverings. Furthermore, emulsion PVC is also excessively consume in the manufacturing of various medical equipment’s such as syringes, gloves etc. Thus, the appending on healthcare sector is expected to enhancing the market growth of emulsion PVC across the globe.
However, strict government regulation pertaining to the emission of vinyl chloride monomer during production of emulsion PVC due to its hazardous impact on living organisms/environment, anticipated to hinders the emulsion PVC market.
In addition, fluctuation in the price of raw materials and cost to produce emulsions is slightly higher when compared with solvent-based organic peroxides. This is act as another restraining factor the global emulsion PVC market during the forecast period
Emulsion PVC manufacturers are observes that the market for this technology is expected to grow significantly in the coming years. The emulsion PVC manufacturer also focusing on product innovation in order to sustain in the market. Presence of domestic and global player make the global Emulsion PVC market considered to be a highly fragmented market
Geographically, East Asia and South Asia is expected to hold the significant share in the global emulsion PVC due to growing population as well as growing end-use industry. Further, Europe and North America is anticipated to grow at moderate rate in the emulsion PVC market due to the presence of established players and saturation in the market.
Whereas, Latin America and Middle East & Africa is expected to represent relatively slow growth in the market of emulsion PVC due to the sluggish growth in end-use industry however, countries such as Turkey, Brazil and South Africa is expected to grow at steady rate due to investment made by established players and growing demand for consumer goods in these countries.
Some of the key market participants in the market of Emulsion PVC are as follows:-