Investments in infrastructure pushing demand for PVC
PVC, known as infrastructure plastic, can gain immensely from government's push in sectors such as infrastructure, housing, agriculture, etc making India a hub for PVC product manufacturing. Globally, plastics industry is one of the leading contributors to economic growth. In spite of recession and long-term consolidation trend, the plastics industry has been one of largest and fastest-growing industry sectors of the economy. In the second half of the 20th century, plastics emerged as one of the most universally-used and multipurpose materials in the global economy. Green building concept is growing at very high pace and providing space for PVC products including PVC windows, wood PVC composite boards, floorings, etc. Though the concept of 'Life Cycle Cost' is not fully established in our country, the potential of PVC pipes and windows in conserving energy is being largely accepted. Thus, more and more builders have started using PVC windows in their projects. Government is working on spreading awareness about energy efficiency in the buildings through development of guidelines/codes such as Eco Homes, GRIHA code for new buildings. PVC products can certainly help earn star rating for the buildings.