India PVC Emulsion Market Outlook to 2025
Rising Consumption in Artificial Leather and Usage in Toy Manufacturing to Elevate Demand

Table of Contents

2.     Research Methodology- 19

2.1.          Market Definitions- 19

2.2.          Abbreviations- 20

2.3.          Market Sizing and Modelling- 21

Consolidated Research Approach- 21

Market Sizing Approach- India PVC Emulsion Market 22

Sample Size Inclusion Table- 22

Variables (Dependent and Independent) 24

Multi Factor Based Sensitivity Model 24

Regression Matrix- 25

Limitations- 26

Final Conclusion- 27

3.     Indian Scenario, Long Term Economics Forecast and PVC Market Expansion- 28

4.     India PVC Emulsion Resin Market Overview-- 36

5.     India PVC Emulsion Market Ecosystem-- 40

6.     India PVC Emulsion Market Value Chain Analysis- 44

6.1.          Value Chain Analysis- 44

6.2.          PVC Emulsion Manufacturing Process- 45

7.     India PVC Emulsion Market Size, FY’2014-FY’2020(P) 48

8.     India PVC Emulsion Market Segmentation, FY’2020(P) 54

8.1.          By Production (Domestic and Import), FY’2020(P) 54

8.2.          By End-Users- 56

8.2.1.     End-Users-Domestic Volume (Synthetic Leather, Wall Coverings, Flooring, Films & Sheets, Coir Mats, Adhesives & Sealants, Conveyor Belts and Others), FY’2020 (P) 56

8.2.2.     End Users- Imported Volume (Synthetic Leather, Printing Ink, Toys, Coir Mats, Conveyor Belts and Others) 58

Synthetic Leather Industry- 59

Major Players- 61

Wall Coverings Industry- 63

Major Players- 65

Flooring Industry- 66

Major Players- 67

Films and Sheets Industry- 68

Major Players- 70

Adhesives and Sealants Industry- 71

Major Players- 72

Conveyor Belt Industry- 73

Major Players- 74

Coir Mat Industry- 75

Major Players- 77

Toy Industry- 78

Printing Ink Industry- 80

Major Players- 81

9.     Applications of PVC Emulsion/Paste- 82

9.1.1.     Synthetic Leather 82

9.1.2.     Coir Mats (Tufting) 83

9.1.3.     Flooring- 83

9.1.4.     Wall Coverings and Wallpapers- 84

9.1.5.     Coated Fabrics- 85

9.1.6.     Films & Sheets- 86

9.1.7.     Automotive Interiors- 87

9.1.8.     Other Applications- 88

10.   Trends and Developments in India PVC Emulsion Market 91

Growth of Real Estate Housing Sector 91

Increasing Usage in Toy Manufacturing- 92

Rising consumption in Artificial Leather Industry- 93

Growing Demand in PVC Wallpapers- 95

11.   Issues and Challenges in India PVC Emulsion Market 96

Inadequate Domestic Production and Reliance on Imports- 96

Lack of Production of higher K-Value Grades- 96

Fluctuation in Raw Material Prices- 96

Less Incentives for Companies to Set up PVC Emulsion/Paste Plant 98

12.   Government Regulations Regarding PVC and PVC Emulsion- 99

13.   Trade Scenario for PVC Emulsion in India- 105

13.1.        By Imports (Major Exporting Countries, Average Import Price and Price Seasonality) by Quantity in Mt and Value in INR Crore, FY’2014-FY’2020(P) 105

Major PVC Emulsion/Paste Exporting Countries and Companies- 113

13.2.        By Exports (Overview, Exporting Countries, Export Volume in MT and Value in INR Crore), FY’2014-FY’2019- 113

14.   Buying Decision Parameters For End-Users in PVC Emulsion Market in India- 119

15.   SWOT Analysis of India PVC Emulsion Market 122

16.   India PVC Grades and Competitiveness- 124

16.1.        Emulsion-PVC- 124

16.1.1.       Emulsion PVC E60- 126

16.1.2.       Emulsion PVC E66- 127

16.1.3.       Emulsion PVC E68- 128

16.1.4.       Emulsion PVC E72- 129

16.1.5.       Emulsion PVC E75- 130

PVC Emulsion Grades Major Suppliers and Applications- 132

16.2.        Micro-Suspension PVC- 135

PVC Micro-Suspension Grades Major Suppliers and Applications- 135

16.3.        PVC Paste Resin- 137

PVC Paste Grades Major Suppliers and Applications- 138

17.   Blending PVC Resins in India- 141

Major Exporters of Blending Resins to India- 142

18.   Competition Scenario in India PVC Emulsion Market 144

18.1.        Competition Scenario in India PVC Emulsion Market (Competition Stage, Competition Parameters) 144

18.2.        Strengths and Weaknesses of Major Players (Finolex Industries Limited and Chemplast Sanmar Limited) in India PVC Emulsion Market 145

18.3.        Cross-Comparison between Major Players in India PVC Emulsion Market 146

19.   Company Profiles of Major Players in India PVC Emulsion Market 148

19.1.        International Companies Operating in India PVC Emulsion Market 148

19.2.        Finolex Industries Limited- 149

19.3.        Chemplast Sanmar Limited- 151

20.   India PVC Emulsion Market Future Outlook and Projections, FY’2020(P)-FY’2025F  155

20.1.        By Production (Domestic and Import), FY’2025F- 157

20.2.        By End-Users- 159

20.2.1.       End Users-Domestic Volume (Synthetic Leather, Wall Coverings, Flooring, Films & Sheets, Coir Mats, Adhesives & Sealants, Conveyor Belts and Others) 159

20.2.2.       End Users-Import Volume (Synthetic Leather, Printing Ink, Toys, Coir Mats, Conveyor Belts and Others) 160

Sythetic Leather Industry, 2019-2025F- 161

Wall Covering Industry, 2019-2025F- 163

PVC Flooring Industry, FY’2020(P)-FY’2025F- 164

PVC Films and Sheets industry, FY’2020(P)-FY’2025F- 165

Adhesives and Sealants- 166

Conveyor Belt Industry- 167

Coir Products Industry- 168

Toys & Games Industry- 169

Printing Ink Industry- 170

21.   Analyst Recommendations- 172

Suggestion 1: Catering to a Wide Range of End-User Applications- 172

Suggestion 2: Focus on Best-Selling PVC Emulsion Grades- 172

Suggestion 3: Domestic Production of Raw Material (EDC/VCM) 173

Suggestion 4: Capacity Expansion- 173

Sugesstion 5: Wider Regional Focus- 174

Disclaimer 175

Contact Us  176

List of Figure

Figure 1‑1: Flow Chart for India PVC Emulsion Market, FY’2020(P) 17

Figure 1‑2: Flow Chart for India PVC Emulsion Market, FY’2025F. 18

Figure 3‑1: India’s GDP at Current Price in INR Trillion and Growth Rate in Percentage (%), FY’2013-FY’2020P.. 29

Figure 3‑2: India Aggregate Petrochemical Demand in Million Metric Tons, FY’2015-FY’2021(F) 30

Figure 3‑3: FDI Inflow in Indian Chemical Sector (Other than Fertilizers) in USD Billion and Growth Rate in Percentage, FY’2016-FY’2020. 30

Figure 3‑4: EDC Import in India on the Basis of Quantity in Kilo Tons and Growth Rate in Percentage (%), FY’2014-FY’2020(P) 34

Figure 3‑5: VCM Import in India on the Basis of Volume in Kilo Tons and Growth Rate in Percentage (%), FY’2014-FY’2020(P) 35

Figure 4‑1: Total PVC Resin Demand and Supply in India (including Suspension and Emulsion) on the Basis of Million Tons, FY’2013 and FY’2019. 38

Figure 4‑2: Total PVC Resin Demand in India including PVC Suspension and Emulsion on the Basis of Volume in Percentage (%), FY’2019. 38

Figure 4‑3: Total PVC Resin Domestic (Production) in India including PVC Suspension and Emulsion on the Basis of Volume in Percentage (%), FY’2019. 39

Figure 6‑1: India PVC Emulsion Market Value Chain Analysis. 44

Figure 6‑2: PVC Emulsion Manufacturing Process using VCM... 45

Figure 7‑1: India PVC Emulsion Market on the Basis of Domestic Demand in Thousand Metric Tons (MT) and Growth Rate in Percentage (%), FY’2014-FY’2020(P) 49

Figure 7‑2: India PVC Emulsion Market on the Basis of Production Capacity in Thousand Metric Tons (MT) and Capacity Utilisation Rate in Percentage (%), FY’2014-FY’2020(P) 50

Figure 7‑3: India PVC Emulsion Market on the Basis of Production Volume in Thousand Metric Tons (MT) and Growth Rate in Percentage (%), FY’2014-FY’2020(P) 50

Figure 7‑4: India PVC Emulsion Market on the Basis of Revenue in INR Crore and Growth Rate in Percentage (%), FY’2014-FY’2020P.. 51

Figure 7‑5: India PVC Emulsion Domestic Prices on the Basis of Value in INR per Metric Ton (MT), FY’2014-FY’2020(P) 52

Figure 7‑6: India PVC Emulsion Import Prices on the Basis of Value in INR per MT, FY’2014-FY’2020(P) 53

Figure 8‑1: India PVC Emulsion Market Segmentation by Production (Domestic & Import) on Basis of Demand Volume in Percentage (%), FY’2020(P) 55

Figure 8‑2: India PVC Emulsion Market Segmentation by End-Users-Domestic Volume (Synthetic Leather, Wall Coverings, Flooring, Films & Sheets, Coir Mats, Adhesives & Sealants, Conveyor Belts and Others) on the Basis of Demand Volume in Percentage (%), FY’2020(P) 57

Figure 8‑3: India PVC Emulsion Market Segmentation by End-Users- Imported Volume (Synthetic Leather, Printing Ink, Toys, Coir Mats, Conveyor Belts and Others) on the Basis of Demand in Percentage (%), FY’2020(P) 59

Figure 8‑4: India Synthetic Leather Industry Size on the Basis of Revenue in INR Billion and Growth Rate in Percentage (%), 2014-2020(P) 61

Figure 8‑5: Automotive Upholstery Market in India on the Basis of Revenue in INR Billion and Growth Rate in Percentage (%), 2014-2020(P) 63

Figure 8‑6: India Wall Covering Market on the Basis of Revenue in INR Billion and Growth Rate in Percentage (%), 2014-2020(P) 65

Figure 8‑7: India PVC Floorings Market Size on the Basis of Revenues in INR Billion and Growth Rate in Percentage (%), FY’2014-FY’2020(P) 67

Figure 8‑8: India PVC Films and Sheets Market Size on the Basis of Revenues in INR Billion, FY’2014-FY’2020(P) 69

Figure 8‑9: India Adhesives and Sealants Market Size on the Basis of Revenue in INR Billion and Growth Rate in Percentage (%), 2014-2020(P) 71

Figure 8‑10: India Conveyor Belt Market Size on the Basis of INR Billion and Growth Rate (%), 2014-2020(P) 74

Figure 8‑11: India Coir Products Market Size on the Basis of Production in Thousand Metric Tons and Growth Rate (%), FY’2014-FY’2020(P) 76

Figure 8‑12: India Toys and Games Market Size on the Basis of Retail Value in INR Billion and Growth Rate in Percentage (%), 2014-2020(P) 78

Figure 10‑1: Number of Houses Sanctioned by the Government under Housing for All Scheme, FY’2016-FY’2020. 91

Figure 10‑2: India Toys and Games Market Size on the Basis of Retail Value in INR Billion and Growth Rate in Percentage (%), 2014-2020(P) 92

Figure 10‑3: India Vinyl-based Wallpaper Market on the Basis of Revenue in INR Billion and Growth Rate in Percentage (%), 2017-2023F. 94

Figure 11‑1: EDC Import Prices in India on the Basis of Value in INR per MT, FY’2014-FY’2020(P) 97

Figure 11‑2: VCM Import Prices in India on the Basis of Value in INR per MT, FY’2014-FY’2020(P) 98

Figure 13‑1: Import of PVC Emulsion in India on the Basis of Quantity in MT and Growth Rate in Percentage (%), FY’2014-FY’2019. 106

Figure 13‑2: Import of PVC Emulsion in India on the Basis of Value in INR Crore and Growth Rate in Percentage (%), FY’2014-FY’2020(P) 106

Figure 13‑3: Import of PVC Emulsion in India from Major Exporting Countries on the Basis of Volume in Percentage (%), FY’2019. 108

Figure 13‑4: Price Seasonality in PVC Emulsion Import in India on the Basis of Average Quarterly Prices in USD per MT, FY’2018-FY’2019. 109

Figure 13‑5: Export of PVC Emulsion from India on the Basis of Volume in MT and Growth Rate in Percentage (%), FY’2014-FY’2019. 114

Figure 13‑6: Export of PVC Emulsion from India on the Basis of Value in INR Crore and Growth Rate in Percentage (%), FY’2014-FY’2019. 115

Figure 13‑7: Export of PVC Emulsion from India including Major Export Destinations on the Basis of Volume in Percentage (%), FY’2019. 116

Figure 16‑1: PVC Emulsion Grades on the Basis of Polymerization Process (Micro-Suspension and Micro-Seeded) by Properties (Foaming and Viscosity) 124

Figure 17‑1: PVC Blending Resin Market Size in India on the Basis of Import Volume in MT, FY’2014-FY’2020(P) 142

Figure 20‑1: Future Projection of India PVC Emulsion Market on the Basis of Domestic Demand in Thousand Metric Tons (MT) and Growth Rate in Percentage (%), FY’2020(P)-FY’2025F. 156

Figure 20‑2: Future Outlook and Projections of India PVC Emulsion Market on the Basis of Production Capacity & Volume in Thousand Metric Tons (MT) and Capacity Utilisation Rate (%), FY’2020(P)-FY’2025F. 157

Figure 20‑3: Future Outlook and Projection of India PVC Emulsion Market on the Basis of Production (Domestic and Import) by Demand Volume in Percentage (%), FY’2025F. 157

Figure 20‑4: Future Projections of India PVC Emulsion Market Segmentation by End-Users (Domestic Volume) on the Basis of Demand Volume in Percentage (%), FY’2025F. 159

Figure 20‑5: Future Outlook and Projections of India PVC Emulsion Market Segmentation by End-Users (Import Volume) on the Basis of Demand Volume in Percentage (%), FY’2025F. 160

Figure 20‑6: India Synthetic Leather Industry on the Basis of Revenue in INR Billion and Growth Rate in Percentage (%), 2019-2025F. 162

Figure 20‑7: India Automotive Upholstery Industry on the Basis of Revenue in INR Billion and Growth Rate in Percentage (%), 2019-2025F. 163

Figure 20‑8: India Wall Covering Market on the Basis of Revenue in INR Billion and Growth Rate in Percentage (%), 2019-2025F. 164

Figure 20‑9: India PVC Flooring Market Size on the Basis of Revenue in INR Billion and Growth Rate in Percentage (%), FY’2020(P)-FY’2025F. 165

Figure 20‑10: India PVC Films and Sheets Market Size on the Basis of Revenues in INR Billion, FY’2020(P)-FY’2025. 166

Figure 20‑11: India Adhesives and Sealants Market Size on the Basis of Revenue in INR Billion and Growth Rate in Percentage (%), 2019-2025F. 167

Figure 20‑12: India Conveyor Belt Market Size on the Basis of Revenue in INR Billion and Growth Rate in Percentage (%), 2019-2025F. 168

Figure 20‑13: India Coir Products Industry on the Basis of Production Volume in Thousand Metric Tons and Growth Rate in Percentage (%), FY’2020(P)-FY’2025F. 169

Figure 20‑14: India Toys and Games Market Size on the Basis of Retail Value in INR Billion and Growth Rate in Percentage (%), 2020(P)-2025F. 170

Figure 20‑15: India Printing Ink Market Size on the Basis of Revenue in INR Billion and Growth Rate in Percentage (%), FY’2020(P)-FY’2025F...........................................171

List of Table

Table 2‑2: Sample Size Inclusion Table including PVC Emulsion/Paste Producers, Importers/Traders and Exporting Companies & Associations. 22

Table 2‑3: Sample Size Inclusion Table including Respondent Category and Percentage of Sample Size  23

Table 2‑4: Tentative Set of Questions Asked by Mode of Entities and Desired Outcome  23

Table 2‑5: Correlation Matrix for India PVC Emulsion Market 25

Table 2‑6: Regression Coefficients Output for India PVC Emulsion Market 26

Table 3‑1: Status of Implementation and Execution of Petrochemicals Projects in India as of 31^st December 2018. 31

Table 3‑2: Polymer Statistics in India including (Capacity, Production, Import, Export and Demand) in Kilo Tons, FY’2018(E)-FY’2021(E) 32

Table 3‑3: EDC Statistics in India including (Capacity and Production) in Kilo Tons, FY’2018-FY’2021(E) 34

Table 3‑4: VCM Statistics in India including (Capacity and Production) in Kilo Tons, FY’2018-FY’2021(E) 34

Table 4‑1: India PVC Emulsion Resin Market Overview including Parameters (Industry Overview, Present Scenario and Types of PVC Resin) and Description. 36

Table 4‑2: Cross-Comparison between different types of PVC Resins in India (Suspension and Emulsion) on the Basis of Parameters including Domestic Manufacturers, Exporting Companies, Major Grades, Best Selling Grades, Average Prices and Major Applications Areas, FY’2020(P) 37

Table 5‑1: Supply Side Entities in India PVC Emulsion Market 40

Table 5‑2: Polyvinyl Producers in India on the Basis of Production Capacity and Production Volume, FY’2019. 40

Table 5‑3: Polyvinyl Producers in India on the Basis of Major Grades Supplied, FY’2019  41

Table 5‑4: Demand Side Entities in India PVC Emulsion Market 41

Table 6‑1: Cross-Comparison between Different Types of Emulsion Polymerization Processes including Water Soluble Initiator System and Oil Soluble Initiator Systems on the Basis of Parameters (Overview, Degree of Raw Material Conversion/Input-Output Ratio, Final Product and Major Distinction) and Description. 46

Table 8‑1: Cross Comparison of India PVC Emulsion Market by Production (Domestic and Import), FY’2020(P) 54

Table 8‑2: India PVC Emulsion Market Segmentation by Production (Domestic and Import) on the Basis of Demand in MT, FY’2020(P) 54

Table 8‑3: India PVC Emulsion Market Segmentation by End-Users- Domestic Volume (Synthetic Leather, Wall Coverings, Flooring, Films & Sheets, Coir Mats, Adhesives & Sealants, Conveyor Belts and Others) on the Basis of Demand in MT, FY’2020(P) 56

Table 8‑4: India PVC Emulsion Market Segmentation by End-Users- Imported Volume (Synthetic Leather, Printing Ink, Toys, Coir Mats, Conveyor Belts and Others) on the Basis of Demand in MT, FY’2020(P) 58

Table 8‑5: India Synthetic Leather Industry including (Industry Overview, Automotive Upholstery, Market Nature, Market Size, Major Clusters, Domestic/Imported PVC Emulsion, Exporting Companies & Countries, Input-Output Ratio, PVC Stock Buying and Future Potential) and Description  59

Table 8‑6: Major Synthetic Leather Companies including Location of Company/Manufacturing Bases, Production Capacity and Revenues in INR Crore, FY’2020(P) 61

Table 8‑7: Wall Coverings and Wallpaper Industry in India including (Industry Overview, Market Nature, Market Size, Major Grades, Major Exporting Companies, Regional Clusters, Major Players and Future Potential) and Description. 63

Table 8‑8: Major Wall Covering Manufacturers in India including Location of Company/Manufacturing Bases and Production Capacity. 65

Table 8‑9: Flooring Industry in India including (Industry Overview, Market Nature, Market Size, Input-Output Ratio and Future Potential) and Description. 65

Table 8‑10: Major Players in India Flooring Industry including Location of Manufacturing Bases, Production Capacity and Revenue, FY’2020(P) 67

Table 8‑11: India Films and Sheet Industry including (Industry Overview, Market Nature, Market Size, Major Grades Used, Input-Output Ratio, Emulsion PVC in Films & Sheets and Future Potential) and Description. 68

Table 8‑12: Major PVC Films and Sheets Companies Including Location of Manufacturing Bases, Production Capacity and Revenues in INR Crore, FY’2020(P) 70

Table 8‑13: India Adhesives and Sealants Industry including (Industry Overview, Desired Characteristics, Market Size, Major Grades Used, Input-Output Ratio and Exporting Countries & Companies) and Description. 70

Table 8‑14:  Major Adhesives and Sealants Companies including Location of Manufacturing Bases, Production Capacity and Revenues in INR Crore, FY’2019. 72

Table 8‑15: India Conveyor Belt Industry including Parameters (Industry Overview, Characteristics, Application Areas, Import of PVC Emulsion/Paste and ) and Description. 73

Table 8‑16: Major Conveyor Belt Companies in India including Company Name and Location  74

Table 8‑17: India Coir Mat Industry including Parameters (Industry Overview, Characteristics, Major Grades, Input-Output Ratio & Regional Clusters) and Description. 75

Table 8‑18: Major Coir Mat Companies in India including Company Name, Location, Production Capacity and Revenue. 76

Table 8‑19: India Toys Industry on the Basis of Parameters (Industry Overview, Desired Characteristics, Major Grades Used, Market Size, Regional Clusters and Future Potential) and Description  77

Table 8‑20: Major Toy Manufacturing Companies in India including Company Name, Location and Revenue. 78

Table 8‑21: India Printing Ink Industry on the Basis of Parameters (Industry Overview, Desired Characteristics, Major Grades Used and Rising Usage of Blending Resins) and Description  79

Table 8‑22: India Printing Ink Market Size on the Basis of Revenue in INR Billion and Growth Rate, FY’2014-FY’2020(P) 80

Table 9‑1: PVC Emulsion Application in Synthetic Leather Manufacturing including Particulars (Introduction, Manufacturing Process and Applications) and Description. 81

Table 9‑2: Major Areas of Applications (Foam Layer, Top Coating and Lamination Coating) of PVC Emulsion Resins within the Artificial Leather Manufacturing on the Basis of K-values. 81

Table 9‑3: PVC Emulsion Application in Tufting Application including Particulars (Introduction, Manufacturing Process, Applications and Desired Grades) and Description. 82

Table 9‑4: PVC Emulsion Application in Flooring Manufacturing including Particulars (Introduction, Applications and Desired Characteristics) and Description. 83

Table 9‑5: Major Areas of Applications (Foam Layer, Top Coating and Lamination Coating) of PVC Emulsion Resins within the Artificial Leather Manufacturing on the Basis of K-values. 83

Table 9‑6: PVC Emulsion Application in Wall Coverings and Wallpapers Manufacturing including Particulars (Introduction, Applications and Desired Characteristics) and Description. 84

Table 9‑7: Major Areas of Applications (Foam and Compact Wall Coating) of PVC Emulsion Resins within Wall Covering on the Basis of K-Values. 84

Table 9‑8: PVC Emulsion Application in Fabric Manufacturing including Particulars (Introduction, Applications and Desired Characteristics) and Description. 84

Table 9‑9: Major Areas of Applications (Foam and Compact Wall Coating) of PVC Emulsion Resins within Wall Covering on the Basis of K-Values. 85

Table 9‑10: PVC Emulsion Application in Films & Sheets Manufacturing including Particulars (Introduction, Applications and Desired Characteristics) and Description. 85

Table 9‑11: Different Grades of PVC Emulsion used in Manufacturing Films and Sheets including K-Value and Applications. 86

Table 9‑12: PVC Emulsion Application in Automotive Interiors including Particulars (Introduction, Applications and Desired Characteristics) and Description. 86

Table 9‑13: Other Applications of PVC Emulsion including Particulars (Toys, Gloves, Tarpaulins, Sealants and Mats) and Description. 87

Table 9‑14: PVC Paste Grades by Grade (K-66, K-72, K-77 and K-80) Characteristics and Applications by Micro-Suspension Process. 88

Table 9‑15: PVC Paste Grades by Grade (K-66, K-68, K-70 and K-72) Characteristics and Applications by Emulsion Process. 89

Table 10‑1: India Residential Market Including New Launches and Sales on the Basis of Major Cities in Number of Units, 2018 and 2019. 91

Table 10‑2: India Office Market Including New Completions and Transactions on the Basis of Major cities in Million Square Feet, 2018 and 2019. 91

Table 10‑3: Automobile Production in India on the Basis of Number of Units, FY’2014-FY’2019  93

Table 12‑1: Government Regulations Relating to PVC Emulsion/Paste. 99

Table 12‑2: Import Duty Structure for PVC Paste/Emulsion including (Country of Origin, Country of Export, Producers, Exporters and Anti-Dumping Duty Amount) as per DGAD circular dated April 26, 2016. 100

Table 12‑3: Import Duty Structure for PVC Paste Emulsion including (Country of Origin, Country of Export, Producers, Exporters and Anti-Dumping Duty Amount) as per DGAD circular dated January 21, 2015. 103

Table 13‑1: Import Scenario in India PVC Emulsion Market including Particulars (Overview, Major Exporting Countries, Average Import Price and Price Seasonality) and Description. 105

Table 13‑2: Import of PVC Emulsion by Importers on the Basis of Volume in MT including Location and Exporting Countries. 107

Table 13‑3: Import of PVC Emulsion in India from Major Exporting Countries on the Basis of Volume in MT, FY’2019. 107

Table 13‑4: PVC Emulsion Average Import Prices from South Korea in USD per MT, FY’2019  109

Table 13‑5: PVC Emulsion Average Import Prices from Taiwan in USD per MT, FY’2019  110

Table 13‑6: Major PVC Emulsion/Grades imported in India including K-value, Major Exporting Countries and Percentage of Total Imports, FY’2020(P) 110

Table 13‑7: Major Importing Companies of PVC Emulsion/Paste including Company Name and Location (City), FY’2020(P) 110

Table 13‑8: Major PVC Emulsion/Paste Exporting Countries and Companies. 113

Table 13‑9: Export Scenario in PVC Emulsion Market including Parameters (Overview, Major Export Destinations, Export Volume and Value) and Description. 113

Table 13‑10: Export of PVC Emulsion from India including Major Export Destinations on the Basis of Volume in MT, FY’2019. 115

Table 13‑11: Indian Exporters of PVC Emulsion/Paste. 116

Table 14‑1: Buying Decision Process by End-Users in PVC Emulsion Market in India on the Basis of Parameters (Grades Offered, Price, Ability to Offer Constant Supply, Delivery Time and Logistics/Distribution) and Description. 119

Table 15‑1: SWOT Analysis of India PVC Emulsion Market 122

Table 16‑1: Application of Emulsion PVC on the Basis of Polymerization Process (Micro-Suspension and Micro-Seeded) 124

Table 16‑2: Classification on the Basis of Applications of PVC Emulsion Grades including Application Area, K-Value and Application area Images. 125

Table 16‑3: E60 Emulsion PVC Grade in India including Particulars (Product Description, Processing & Applications and Packaging, Delivery & Storage) and Description. 126

Table 16‑4: Properties of Emulsion PVC (E60) on the basis of K-Value, Sieve Analysis, Volatile Matter, Methanol Extract, Residual VCM, Thermo-stability Mathiss Drying Oven, Paste Viscosity After 1h and Part of Quality. 126

Table 16‑5: E66 Emulsion PVC Grade in India including Particulars (Product Description, Processing & Applications, Major Characteristics and Packaging, Delivery & Storage) and Description  127

Table 16‑6: Properties of Emulsion PVC (E6644) on the basis of K-Value, Sieve Analysis, Volatile Matter, Methanol Extract, Residual VCM, Thermo Stability Mathiss Drying Oven, Paste Viscosity After 1h and Part of Quality. 127

Table 16‑7: E68 Emulsion PVC Grade in India including Particulars (Product Description, Processing & Applications, Major Characteristics and Packaging, Delivery & Storage) and Description  128

Table 16‑8: Properties of Emulsion PVC (E6834) on the basis of K-Value, Sieve Analysis, Volatile Matter, Methanol Extract, Residual VCM, Thermo Stability Mathiss Drying Oven, Paste Viscosity After 1h and Part of Quality. 129

Table 16‑9: E72 Emulsion PVC Grade in India including Particulars (Product Description, Processing & Applications and Packaging, Delivery & Storage) and Description. 129

Table 16‑10: Properties of Emulsion PVC (E7244) on the basis of K-Value, Sieve Analysis, Volatile Matter, Methanol Extract, Residual VCM, Thermo Stability Mathiss Drying Oven, Paste Viscosity After 1h and Part of Quality. 130

Table 16‑11: E75 Emulsion PVC Grade in India including Particulars (Product Description, Processing & Applications and Packaging, Delivery & Storage) and Description. 130

Table 16‑12: Properties of Emulsion PVC (E7544) on the basis of K-Value, Sieve Analysis, Volatile Matter, Methanol Extract, Residual VCM, Thermo Stability Mathiss Drying Oven, Paste Viscosity After 1h and Part of Quality. 131

Table 16‑13: PVC Emulsion Grades in India on the Basis of K-Values including Major Domestic & International Suppliers, Major Applications and Micro - Applications. 132

Table 16‑14: Micro-Suspension PVC Grades Properties and Applications. 135

Table 16‑15: Micro-Suspension PVC Grades Specifications. 135

Table 16‑16: PVC Micro-Suspension Grades in India on the Basis of K-Values including Major Domestic & International Suppliers, Applications and Micro - Applications. 135

Table 16‑17: PVC Paste Resin Grades Properties and Applications. 137

Table 16‑18: PVC Paste Resin Grades Specifications Degree of Polymerization, Brookfield Viscosity, Severs Viscosity, Volatile Content (at 110°C) on the Basis of K-Value. 138

Table 16‑19: PVC Paste Grades in India on the Basis of K-Values including Major Domestic & International Suppliers, Applications and Micro - Applications. 138

Table 17‑1: India Blending PVC Resins Market including Parameters (Introduction, Benefits over using PVC Emulsion, Applications, Major Exporting Countries and Packaging) and Description  141

Table 17‑2: Major Exporters of Blending Resins to India including Company Name, Grades Supplied   142

Table 18‑1: Competition Scenario in India PVC Emulsion Market including Competition Stage and Competition Parameters. 144

Table 18‑2: Strengths and Weaknesses of Major Players (Chemplast Sanmar Limited and Finolex Industries Limited) in India PVC Emulsion Market 145

Table 18‑3: Cross-Comparison between Major Players (Finolex Industries Limited and Chemplast Sanmar Limited) on the Basis of Parameters (Procurement of Raw Material, Clientele, Types of PVC Resins Produced, PVC Resin Production Capacity, PVC Emulsion Production Capacity, Utilization Rate, Sales Channel, Number of DCAs and Number of Employees, FY’2020(P) 146

Table 19‑1: Major International Companies Operating in India PVC Emulsion Market including Company Name, Country, Production Technologies and Grades Supplied.. 148

Table 19‑2: Company Profile of Finolex Industries Limited including Company Overview, Strength, Business Strategy, Recent Developments, Production Plants, Production Capacity, Utilization Rate, Production Volume, Revenue, Best Selling Grades, Major End Users, Number of Employees and Number of DCAs, FY’2020(P) 149

Table 19‑3: Company Profile of Chemplast Sanmar Limited including Company Overview, Strength, Business Strategy, PVC Paste Division,Recent Developments, Production Plants, Production Capacity, Utilisation Rate, Production Volume, Revenue, Best Selling Grades, Major End Users, Number of Employees, Number of DCAs and Major DCA.. 151

Table 19‑4: Chemplast Sanmar Limited Financials including Total Income, EBITDA, PBIT, PBT and PAT, FY’2014-FY’2019. 153

Table 19‑5: Chemplast Sanmar Limited PVC Paste Product Portfolio. 153

Table 20‑1: Future Outlook and Projection of India PVC Emulsion Market on the Basis of Production (Domestic and Import) by Demand Volume in Thousand Metric Tons (MT), FY’2025F. 158

Table 20‑2: Future Outlook and Projections of India PVC Emulsion Market Segmentation by End-Users (Domestic Volume) on the Basis of Demand Volume in Thousand Metric Tons (MT), FY’2025F  159

Table 20‑3: Future Projections of India PVC Emulsion Market Segmentation by End-Users (Import Volume) on the Basis of Demand Volume in Thousand Metric Tons (MT) FY’2025F. 161