PVC Processing Aids Market: Introduction
Polyvinyl Chloride (PVC) is a high strength thermoplastic material very popular in today’s industrial as well as consumer applications due to versatility it provides in its functional properties. It’s a white solid brittle material available in either in granular or powdered form and holds properties like durability, light weight and ease in processing which has led to PVC replacing many traditional materials like ceramics, wood, rubber and more in multifarious applications.
Polyvinyl Chloride’s ability to cater a wide variety of applications comes from its property of providing processing ease. It can be used in rigid and tough forms like PVC pipes used in pipeline systems and flexible and thin forms as for decorative wall coverings. The rigidity and flexibility which Polyvinyl Chloride achieves depends significantly upon the processing aids and additives used during production and thereby are responsible for its huge popularity in end use segments. Hence depending upon desired property a large variety of polyvinyl processing aids are used from plastics.
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PVC Processing Aids Market: Dynamics
The main function of PVC Processing Aids is to act as a fusion catalyst and promoter which has direct impact on melt elasticity. Controlling elasticity of melt is a very important characteristic which defines what process will be used to form PVC which can be done through extraction, injection moulding, dipping, calendaring and more. PVC processing aids are being used extensively in high melt elasticity requirement which is required for formation of rigid foam products.
These rigid foam are now replacing applications where thick wooden boards are used like brick moulding, trim moulding and construction. PVC Processing aids also improve appearance of the finished products and they also provide an option for coatings to be either clear or opaque depending upon amount of processing aid used which is an additional characteristic responsible for making PCV processing aids popular in paint and coating industry.
As PVC is used in both flexible and rigid application depending upon the need and properties required a subtle distinction can be made over the use of PVC processing aids depending upon flexibility required. Whenever application demands good structural composition, strength, less flexibility and more rigidity processing aid used in resin compound increases and hence rigid PVC applications like pipes are major markets for PVC processing aids, however, a certain amount of processing aid is always added in small quantity even in flexible PVC applications to provide some amount of structural integrity. Hence even though PVC processing aids market is dominated by rigid compound processing it also find application in flexible resin compounds as well.
Morden day trends in PVC processing aids includes their use in inorganic and organic applications to provide improved weather resistance. Infrared reflecting paints developed for military applications excessively use PVC processing aids to allow dark exterior colour without high heat build-up. The four major applications which dominate PVC processing aids are pipes, window sliding profiles, clear bottle sheets, injection moulding and pipe fitting. A lot of focus on providing variable molecular weights of processing aids to cater multiple applications can also be seen in the industry.
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PVC Processing Aids Market: Covid-19 Impact
PVC Processing aids are an essential component in manufacturing PVC products to impart requisite properties and hence its market depends on PVC production and its end use demand. PVC market due to its versatility has been continuously growing improving its end use segments by replacing traditional materials, however due to Covid-19 demand in the end use industries and production fell drastically adversely impacting PVC processing aids market. PVC components have a made recognition in the market and hold great growth potential, hence as market improves and regulations ease out, PVC processing aids market is expected to show steady growth from the second half of 2020.
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PVC Processing Aids Market: Segmentation
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East Asian region is expected to dominate PVC processing aids market. China in itself produces more than half of the share PVC and hence will also be dominating processing aid market. Population in this region is high and there’s a good mix of developing and developed countries which further pushes processing as well as consumption in this region.
South Asian market will show substantial growth owing to large amount of developing countries in this region. As population increases, urbanization, spending capacity, growing infrastructure and construction all contribute to growing need of PVC components and hence PVC processing aids market is projected to grow.
The North America and Europe regions show highest innovation and development of new end use sectors as far as PVC is concerned which will improve demand for PVC processing aids. Whereas MEA and Latin American market are expected to show moderate growth due to growth disparity in different countries falling under this region.
PVC Processing Aids Market: Key Participants
Some of the key market participants in the global PVC processing aids market, identified across the value chain include:
- Shandong Ruifeng Chemicals Co.Ltd
- Zibo Huaxing Additives Co Ltd.
- Qingado Hairuite Chemical Material Co.
- Arkema Inc
- Mitusbishi Chemicals.
- LG Chem
- D & D Chemicals
- The Dow Company
- Avient (Poly one Corporation)
- Westlake Chemical Corporation.
The research report on the PVC Processing aids market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The PVC processing aids market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to market segments such as geography, aircraft type, and sales channel.
The report covers exhaustive analysis on:
- PVC processing aids Market Segments
- PVC processing aids Market Dynamics
- PVC processing aids Market Size
- New Sales of PVC Processing aids
- Current Trends/Issues/Challenges in the PVC processing aids Market
- Competition & Companies Involved in PVC processing aids
- New Technology for PVC processing aids
- Value Chain of the PVC processing aids Market
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The global PVC processing aids market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
- Detailed overview of parent market
- Changing market dynamics in the PVC processing aids market
- In-depth PVC Processing aids market segmentation
- Historical, current, and projected PVC processing aids market size in terms of volume and value
- Recent industry trends and developments in the global PVC processing aids market
- Competitive landscape
- Strategies of key players and products offered in the global PVC processing aids market
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on PVC Processing aids market performance
- Must-have information for market players in PVC processing aids market to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.