What is PVC?

PVC stands for Polyvinyl Chloride, a type of plastic that is widely used in various applications due to its versatility and low cost. PVC is a thermoplastic material that can be molded and shaped into various forms, making it an ideal choice for the manufacturing of wires and cables.

PVC Wire and Cable market in India

PVC Wire and Cable global Market Size:
The global PVC wire and cable market size was valued at $57.3 billion in 2020 and is expected to reach $74.3 billion by 2028, growing at a CAGR of 3.5% during the forecast period (2021-2028). In India, the PVC wire and cable market is expected to grow due to increasing demand in various applications.
Key Players PVC Wire and Cable market in India
Some of the key players in the PVC wire and cable market include, Finolex Cables Limited, KEI Industries Limited, Havells India Limited, Polycab India Limited and Haili. Haili, a Chinese PVC conduit pipe manufacturer, has made a significant impact in the Indian market with its high-quality PVC pipes. The company has a large market share in India, due to its focus and specialization in the Indian market for many years.
Regional Presence:
Asia-Pacific is the largest market for PVC wire and cable, accounting for more than 35% of the global market share in 2020. The region is expected to continue its dominance in the market due to the increasing demand from countries like China, India, and other Southeast Asian countries.

India HSN code about PVC Wire & Cableb

HSN (Harmonized System of Nomenclature) is a standardized system of classifying goods that is used globally for trade purposes. In India, the HSN code for PVC wire and cable is 8544. It covers all types of insulated electric wires and cables, including those made of PVC material. This HSN code helps to classify the PVC wire and cable products accurately, making it easier for customs officials to assess duties and taxes. The use of the HSN code also helps in streamlining the import and export process, as well as providing a common understanding between buyers and sellers about the product. The HSN code for PVC wire and cable in India is an important aspect to consider for businesses dealing with these products, both domestically and internationally.

The HSN code for PVC pipes is 3917. According to the HSN classification, PVC pipes fall under Chapter 39 of the HSN code, which covers "Plastics and Articles thereof.

Benefits of PVC Wire and Cable in India

Durability: PVC is known for its resistance to various environmental factors such as moisture, heat, and chemicals. This makes PVC cables ideal for use in harsh industrial and outdoor environments in India.
Insulation: PVC provides excellent insulation, making it ideal for use in electrical applications in India. The insulation properties of PVC prevent electrical leakage, ensuring safe and efficient operation of the cables.
Flexibility: PVC is a flexible material, making it easy to bend and maneuver. This makes PVC cables ideal for use in tight spaces in India, as they can be easily threaded through small openings.
Cost-Effective: PVC is a cost-effective material compared to other cable insulation materials such as silicone and Teflon. This makes PVC cables an attractive option for those looking to save money while still enjoying the benefits of high-quality cables in India.

Applications of PVC Wire and Cable in India

Electrical Wiring: PVC cables are commonly used in electrical wiring applications due to their insulation properties and flexibility in India.
Automotive Wiring: PVC cables are used in automotive wiring due to their resistance to heat and chemicals in India.
Building Wiring: PVC cables are used in building wiring for lighting and power systems, as well as for data and communication systems in India.
Industrial Applications: PVC cables are used in various industrial applications in India, including machinery and equipment control, instrumentation, and automation systems.

Conclusion

In conclusion, PVC wire and cable in India have become a popular choice for various applications due to their cost-effectiveness, durability, insulation properties, and versatility. The PVC wire and cable market in India is expected to grow due to the increasing demand in various applications, and the presence of key players catering to this demand. Whether you're in the market for electrical wiring, automotive wiring, building wiring, or industrial applications, PVC wire and cable can provide you with a cost-effective and reliable solution. So, the next time you're in need of wire and cable, consider PVC wire and cable for your requirements.