The use of PVC cable is for power distribution in all kinds of electrical wiring, control cables, telephone cables, and signaling in railways. With the development of the industrial sector and the rise in power generation, the demand for cable is expected to be more. A cable comprises two or more wires which are bonded, twisted, or braided together to form an assembly. The PVC wires and cables are encapsulated with non-conducting plastic materials, usually, PVC or polyethylene, to impart protection to users and the surrounding environment.
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PVC cables are vital equipment for the transmission and distribution of electrical power. They are suitable for usage in the substation, distribution systems, industrial installations, house wiring street lighting. PVC insulated wires and cables are the ultimate medium for the distribution of electricity. PVC cables manufacturing process is simple. The business can be started on a small and medium scale basis.
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Market Outlook of the industry
India’s insulated wire and cable market are expected to grow at a CAGR of 10.3% through 2023, predominantly on account of increasing government investments towards infrastructure development projects. Development in smart cities across the country under smart cities mission along with the high number of electronic devices per household and development of manufacturing industries under the “Make in India” initiative which is driving power demand, is anticipated to boost the market demand in the coming years. Additionally, increasing demand for reliable, efficient energy and data communication from the rural areas and tier II and tier III cities and towns would positively influence the country’s insulated wire and cable market.
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A few of the major players operating in India insulated wire and cable market are Polycab Wires Pvt. Ltd., Havells India Ltd., Finolex Cables Limited, KEI Industries Ltd., RR Kabel Limited, Universal Cables Ltd., Uniflex Cables Limited, V – Guard Industries Ltd, Gupta Power Infrastructure Limited, KEC International Limited, etc.
PVC Wires and Cables Trends in the Industry
With increasing rice building coming up and as a rule concealed wiring in vogue, the importance of safety against fire hazards due to cable failure. The occurrence of the short circuit has increased. Awareness to use FRLC PVC insulated cable has met with success in this regard. Even the normal type of PVC formulation has been designed to have better with success. Even the normal types of PVC formulation has been designed to have better flame retardant (FR) properties the low smoke and fewer fumes. Halogen-free flame retardant (HFFR) wire is also available that is insulated with non-vinyl based compound which retards fire and does not emit halogen gases when it catches fire. This is the only positive factor but at a prohibitive cost.
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It is 40-50% costlier than FRLS wire considering the real situation not only cost versus benefit ratio is very high but practically no benefit across. The wiring is done in conduct or casting and capping manufactured out of ordinary PVC which is neither fire retardants or casting and capping manufactured out of ordinary PVC which is neither fire retardants nor nonsmoking. Although, being an ordinary low-cost PVC compound, in case of an electrical fire, it is most likely to catch fire and dense toxic smoke nullifying the halogen free characteristics of HFFR. Again telephone LAN, coeval, and appliances cables installed in a building are insulated with normal PVC compound. In the event of a fire, these too burn and emit smoke and halogen gases. So, the kind of safeguard one expects by wiring HFFR wire reality is not available
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Conclusion
“PVC Electric Wires & Cables – Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue” is the project report by NPCS. The reports by NPCS have helped many engineers, project consultant & industrial consultancy firms in India and worldwide to do their business analysis. You can also check various reports by NPCS on the official website.
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