Why Indian Vinyl Sulphone Manufacturers Are Leading the Global Market Vinyl sulphone manufacturer are making a killing at the market with their Chinese competition now taken out of the running. But, what is the future of the industry? Indian dyestuff companies are fast becoming world leaders. The main reason is, of course, lack of competition. It began as the base shifted from West to the East after environmental concerns stopped operations in developed countries. The hub then shifted to India and China.
The same environmental concerns later shut down several factories in China as well, leaving India with the lion share of the international market. It has also resulted in the skyrocketing prices of dye intermediates like vinyl sulphone with vinyl sulphone manufacturers now cashing in on booming trade. What does this mean for the industry? The sudden shortage in the market and given that new units well take time to come up, the prices of vinyl sulphone is bound to go up. In the short term, at least, it means a dramatic rise in prices, which in turn will boost revenues. Some experts expect revenues to increase by 50%. What should be Done Now? Despite this massive boost vinyl sulphone manufacturers cannot take it easy. The future is unlikely to remain this rosy! Ironically, it is the high demand which may later bring down the prices. Since supply is so short, new units are bound to come up. This will improve the balance, bringing down the price.
With high revenue streams this is also the time to regroup and rebuild. The increase in industry revenue is purely due to hike in prices, since volumes have remained the same. With the high demand persisting, many manufacturers are looking to expand. But this will take time as vinyl sulphone effluent risks means that new units cannot come up overnight. There is also a dire need for further R&D. Like many parts of the world, the Indian government may also crack down on vinyl sulphone production. Research on minimizing or neutralizing effluents can help in cutting down the risks. Which vinyl sulphone manufacturer should you choose? Most of the industry is today run by the organized sector. Some of these companies have become very well known, thanks to their recent profitable run in the pigment market as well as the stock market. But there are a number of companies in the SME sphere as well. So, how do you choose the right manufacturer for yourself? Decide the budget Since the prices have shot up recently, you budget is important. Find out the industry average and where does your budget fall in the spectrum. Decide on volumes Smaller companies may find it difficult to meet large volumes. Bigger companies, on the other hand, are today capable of producing big orders. Alternatively, you can go for multiple small-scale vinyl sulphone manufacturers. Supply network This is especially important if you are an international concern. Although most Indian companies today have considerable overseas markets, find out about the particulars of their network and how prompt it is. Capability If you are dealing with an SME you must ascertain their ability to increase production when required. “Make hay while the sun shines,� goes the saying. Vinyl Sulphone Manufacturers are certainly living up to that promise. But this is also a golden opportunity that they cannot miss.