If you’re thinking of starting a business, think of the easiest business you can start that won’t drown you and will make you a lot of money right now. That business is the PVC pipe industry.
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PVC means Polyvinyl chloride. PVC pipes are commonly used in the construction industry, irrigation, electrical activity, etc. PVC pipes are available in a wide range of sizes, colours, and quality, and they are in high demand on the market.
PVC pipes are more durable than traditional G.I pipes, and they avoid earthing issues in the industry.
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The Global PVC Pipe Market is expected to grow at a CAGR of 5.9% to USD 101.62 billion by 2020-2030. After polypropylene and polyethylene, polyvinyl chloride is one of the most widely used plastics.
Related Business Plan: Pvc Pipes
They’re well-known for their great tensile strength, resilience to extreme temperatures, ductility, and corrosion resistance. Because of their ease of installation, lightweight, and low maintenance, these pipes have seen a surge in popularity in recent years.
Drain-waste-vent (DWV) pipes, sewers, conduits, water service lines, water mains, irrigation, and other industrial installations are all popular uses for PVC pipes.
Geographical Aspect
In terms of geography, Asia-Pacific accounted for most PVC pipe sales in 2021. The rise of industries such as construction, agriculture, and pharmaceuticals in this region is boosting the market growth. Furthermore, due to major expenditures in its agricultural and chemical industries, India is driving demand for PVC pipes to the north. However, demand for PVC pipes in the construction and agriculture industries across the United States and Canada is predicted to develop fast.
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If you want to establish a PVC pipe manufacturing business, NPCS will go over everything you require to get started, including the raw materials, the machinery you’ll need, and much more.
Market Research in India
The Indian PVC pipe industry is expanding at a good rate, mainly due to massive government spending on infrastructure. The construction industry, as well as the agriculture industry, are projected to drive rising demand for PVC pipes in the future. Water system schemes, spray irrigation, deep tube well schemes, and drainage systems are just a few of the applications for PVC pipes.
PVC corrugated and slotted pipes are appropriate for water drainage where waterlogging is unavoidable. The importance of rural water providers in irrigation facilities in national development, massive growth in the housing sector, and rapid rural electrification, has created rigid PVC pipe in high demand.
According to forecasts, from 2016 to 2025, the Indian plastic pipe market is predicted to develop at a CAGR of 14%.
Registration of PVC Pipe Manufacturing Business and Licence
- The first step is to have the business entity registered with the government. It is frequently used in the form of LLP registration, Partnership firm, or Company Registration if you are looking for a different corporate structure.
- Obtaining a trade licence from the local municipal. This is required to be given by the local body to administer the business and ensure compliance with government rules and regulations.
Related Feasibility Study Reports: Plastics, Polymers and Resins, Polypropylene (PP), Polystyrene (PS), Acrylonitrile butadiene styrene (ABS), Polyethylene terephthalate (PET), Polyester, PA, Poly(vinyl chloride) (PVC), Polyurethanes (PU), Polycarbonate (PC), Polyethylene (PE)
- Plant licence– This licence is issued by the Chief Inspectorate of Factories in the area only to establish a new factory. Before beginning construction on the facility, the Industries Department must provide an occupational certificate or a letter of site allotment.
- GST registrationis required for businesses for taxes to be often collected from customers and to pass the credit of taxes; the business will claim the input tax credit and there will be a smooth procedure of input tax reduction from suppliers and vendors.
- MSME Udyog Aadhaar: To register a business as an MSME, you’ll need a Udyog Aadhaar. Possessing a Udyog Aadhaar has several advantages. The company is prepared to induce faster resolution of disputes, collateral-free loans from banks, reimbursement of a payment produced for ISO certification, eligibility for IPS subsidy, 50% grant for patent registration, and much more.
- The State Pollution Control Board needs to issue a no-objection certificate.
- BIS certification– All domestic PVC pipe manufacturers, particularly those involved with home electrical products, must apply for BIS Certification from the Bureau of Indian Standards. The applicants must fill out an application and pay the costs at the nearest BIS location. An analysis of the factory is provided by a BIS officer in the next phase. The samples of the product are examined in the factory, and if the samples pass the test, the licence is provided within a certain time.
- Trademark registration. The Controller General of Patents, Designs, and Trademarks, under the Ministry of Commerce, enables trademark registration for corporate logos, which gives the business owner or trademark owner the right to sue third parties if violations occur.
Machinery Required for Manufacturing Process
- High-speed mixer with a non-shell capacity of 50 kg per batch/hr, full controls, and a cooling setup.
- Extrusion plant for 65 mm/ 18 V PVC rigid pipes with twin-screw extruder, vacuum sizing equipment, cooling tank, haul-off unit, and cutting machine.
- Mandrel sizes of 2.5, 4, 6, 10 (all in kg/cm2) and die sizes of 20, 25, 45, 63, 75, 90, 110 mm.
- You’ll need a scraper and a grinder that’s heavy-duty and has an electric motor.
- Units with an above-water tank and recycling pump.
- Weighing balance, industrial model, heavy type, with moderate accuracy.
- Pipe storage, racks, tiny hand tool maintenance, greasing, and oiling equipment, and so on.
- Chemical balances, ovens, and other testing equipment are used in chemical testing laboratories. Bulk density, specific gravity, lead, and tin estimation apparatus (in ppm).
Raw Material Required
- P-Wax (Polyethylene/Paraffin Wax)
- Cpe (Chlorinated PVC Resin)
- PVC Resin
- Optical Brightener
- Calcium chloride
- One pack stabilizer
- DOP (Dioctyl Polyethylene)
Conclusion
PVC pipe production is a wonderful business opportunity with a large market and significant profit margins. In any case, it will necessitate a significant amount of medium-term investment expenditures.
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About NPCS
NPCS is well recognised for presenting its clients with a project report. All areas of the business are covered in detail in the project report, from market analysis to confirming the availability of various necessities such as equipment and machinery, raw materials, and predicting financial requirements. You can contact the NPCS team via the official website and profit from the books and project reports that we provide.
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