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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