Paste PVC (PPVC) Market Definition
The paste PVC (PPVC) market is an integral branch of the chemicals and materials industry. This industry deals in the manufacturing and distribution of high-grade dispersion PVC that finds several applications in end-user industries. These resins are prepared by several manufacturing processes consisting of emulsion and micro-suspension methods. There are several grades of paste PVC available on the market, including K Grade, Low K Grade, High K Grade, and Vinyl Acetate Copolymer Grade. This market is expected to rise significantly with the growth in the polymer industry around the globe.
The growing application of paste PVC in the manufacturing of artificial leathers, wallpapers, hand gloves, artificial flowers, and some others has boosted the market growth. Also, the rising use of PVC paste in the construction and healthcare industries, coupled with technological advancements in the polymer industry, has played a significant role in shaping the industry in a positive direction. Moreover, the increasing demand for these resins in several industries, such as automotive, consumer goods, packaging, electronics, and some others, is expected to propel the growth of the paste PVC (PPVC) market. The growing adoption of paste PVC (PPVC) in electric vehicles, along with advancements related to bio-based PVCs, is expected to create ample opportunities for the market players in the future.
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