write the short note of polyvinyl chloride
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Poly Vinyl Chloride commonly abbreviated PVC, is the world's third-most widely produced synthetic plastic polymer, after polyethylene and polypropylene
PVC is used in construction for pipe and in profile applications such as doors and windows. It is also used in making bottles, non-food packaging, and cards (such as bank or membership cards)
PVC is used in construction for pipe and in profile applications such as doors and windows. It is also used in making bottles, non-food packaging, and cards (such as bank or membership cards)
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PVC is used for making a variety of products across industries because of its cheap price, easy processing and chemical properties. It is widely used for making construction profiles, medical devices, roofing membranes, credit cards, electric cables, sheets, children's toys, sewerage pipes, gas pipes, clothing and furniture. Around 50 per cent of PVC manufactured is used in construction. There are many grades of PVC manufactured and many regulations are framed for its processing due to health and safety issues.
Asia and Europe are the leading regions in terms of PVC production. China is the key PVC producer in South East Asia and the whole world. Germany in Europe leads production numbers in that region. USA and China are the two top consumers of PVC. Therefore, economic growth of these countries has a major effect on the price of PVC. Prices are dominated mostly by suppliers and highly depend on changes in crude oil and natural gas prices. PVC is heavily traded on the Dalian Commodity Exchange (DCE) located in China. In India, its futures are listed on NCDEX.
Asia and Europe are the leading regions in terms of PVC production. China is the key PVC producer in South East Asia and the whole world. Germany in Europe leads production numbers in that region. USA and China are the two top consumers of PVC. Therefore, economic growth of these countries has a major effect on the price of PVC. Prices are dominated mostly by suppliers and highly depend on changes in crude oil and natural gas prices. PVC is heavily traded on the Dalian Commodity Exchange (DCE) located in China. In India, its futures are listed on NCDEX.
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