Pet Products Business and Its Market

Pet Products Business and Its Market Basics -

The full form of PET is polyethylene terephthalate, which is a form of polyester. PET being easily moldable, is usable for manufacturing many daily use things such as plastic bottles, containers for beverages, medicines, and many other products. It is highly recommended among people as robust yet lightweight, non-reactive, economical, and shatterproof. Various health authorities worldwide have given the green light for its safety in medical applications.

Related Projects:- 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)Projects  

PET Market Size – The growth of PET market is solely due to the rising demands of PET in packaging foods and beverages. Also the demand for replacement of glass and plastic in the bottled water and soft drink industries have made the PET markets to rise enormously.

   

The graph clearly demonstrates the rise of PET market size in passing years. If a company desires to begin a start-up in this sector then it would be the best thing to do. There is a clear rise in the use of PET in the coming years as well which is sufficient enough to convey that yes PET has a good future in market.

Related Books:- Plastics And Polymers, Polyester Fibers, Pet & Preform, Medical, Expanded Plastics, Polyurethane, Polyamide, Polyester Fibers, Additives, Colourants And Fillers, Extrusion, Moulding, Mould Designs, Optical Glass, Reinforced, Films, HDPE, Thermoset

The manufacture –

Ethylene glycol and terephthalic acid combine and polymerize themselves to form the PET. Heat is applied to the PET resins convert to a molten liquid, which can then be molded into any desired shape with utter ease. To distinguish PET bottles from regular bottles, we can look at the special symbol, which is imprinted on every PET bottle on the bottom or on the side. The character has a number 1 surrounded by three arrows following each other in a triangular manner below, which is written PET.

Related Videos;- Plastics Projects

Uses – -

Manufacturing PET has successfully replaced the use of glass bottles for storing soda and water. This is because of its number of qualities such as hygienic, healthy, resistant against microbes, doesn't react with foods or beverages, and will not biologically degrade. - The FDA had approved both single and repeated use of the PET bottles. The PET bottles are absolutely stable and inert, which does not degrade biologically or chemically. So the thought that the reuse of bottles can contaminate them and release harmful substances is absolutely a misconception. PET Safety Numerous health safety agencies worldwide, including the FDA, have approved PET as safe for contact with food materials and beverages. Extensive studies have proved the PET to be safe and secure. Being extraordinarily stable and inert, it doesn't react with food materials and provides resistance against micro-organisms. It is safe to such an extent that its static properties don't allow it to cause any human problems if ingested by mistake. People usually doubt whether PET release dioxins or not. The PET doesn't emit or produce dioxins as its productions require very high temperature and chlorine. PET is devoid of chlorine, so there is no chance of producing dioxins. There are no medical proofs that show the endocrine-disrupting activity of PET.  

Recycling and Sustainability

PET is a highly recyclable and sustainable material. We can recycle it numerous times into containers of various shapes for storing food items, beverages, snacks, and many others. If we look at the stats, collection of around 1.5 billion pounds of PET bottles is done for recycling every year in the United States of America. Comparing the recycling rates of the United States and Europe, the Europeans seem more advanced in understanding the value of recycling packaging materials. In 2012, the recycling rate of PET was approximately 31%. By comparison, the PET recycling rate in Europe for the year 2012 was 52%. An actual example of the environmental benefits and sustainability of PET as a packaging material is the allowance a person can get for recycling the PET bottles and jars into new food-grade PET bottles and containers.    

Conclusion This report on PET and its market stakes shows that PET has very high hopes of breaking records in the market. The Niir Project Consultancy Services (NPCS) provides its users detailed reports and start-up ideas which can prove to be very helpful for an entrepreneur. The scope of the report includes examining the market size, growth rate and all other aspects that may be required for a successful business. You can get all the reports on the official website of NPCS.  

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And before diversifying/venturing into any product, wish to study the following aspects of the identified product:


• Good Present/Future Demand
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Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:

 

 

Ø  Introduction

·         Project Introduction

·         Project Objective and Strategy

·         Concise History of the Product

·         Properties

·         BIS (Bureau of Indian Standards) Provision & Specification

·         Uses & Applications

 

Ø  Market Study and Assessment

·         Current Indian Market Scenario

·         Present Market Demand and Supply

·         Estimated Future Market Demand and Forecast

·         Statistics of Import & Export

·         Names & Addresses of Existing Units (Present Players)

·         Market Opportunity

 

Ø  Raw Material

·         List of Raw Materials

·         Properties of Raw Materials

·         Prescribed Quality of Raw Materials

·         List of Suppliers and Manufacturers

 

Ø  Personnel (Manpower) Requirements

·         Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel

 

Ø  Plant and Machinery

·         List of Plant & Machinery

·         Miscellaneous Items

·         Appliances & Equipments

·         Laboratory Equipments & Accessories

·         Electrification

·         Electric Load & Water

·         Maintenance Cost

·         Sources of Plant & Machinery (Suppliers and Manufacturers)

 

Ø  Manufacturing Process and Formulations

·         Detailed Process of Manufacture with Formulation

·         Packaging Required

·         Process Flow Sheet Diagram

 

Ø  Infrastructure and Utilities

·         Project Location

·         Requirement of Land Area

·         Rates of the Land

·         Built Up Area

·         Construction Schedule

·         Plant Layout and Requirement of Utilities

 

Project at a Glance

Along with financial details as under:

 

  •     Assumptions for Profitability workings

  •    Plant Economics

  •    Production Schedule

  •    Land & Building

            Factory Land & Building

            Site Development Expenses

  •    Plant & Machinery

             Indigenous Machineries

            Other Machineries (Miscellaneous, Laboratory etc.)

  •    Other Fixed Assets

            Furniture & Fixtures

            Pre-operative and Preliminary Expenses

            Technical Knowhow

            Provision of Contingencies

  •   Working Capital Requirement Per Month

             Raw Material

            Packing Material

            Lab & ETP Chemical Cost

           Consumable Store

  •   Overheads Required Per Month And Per Annum

         Utilities & Overheads (Power, Water and Fuel Expenses etc.)

             Royalty and Other Charges

            Selling and Distribution Expenses

  •    Salary and Wages

  •    Turnover Per Annum

  •   Share Capital

            Equity Capital

            Preference Share Capital

 

  •    Annexure 1:: Cost of Project and Means of Finance

  •    Annexure 2::  Profitability and Net Cash Accruals

                Revenue/Income/Realisation

                Expenses/Cost of Products/Services/Items

                Gross Profit

                Financial Charges     

                Total Cost of Sales

                Net Profit After Taxes

                Net Cash Accruals

  •   Annexure 3 :: Assessment of Working Capital requirements

                Current Assets

                Gross Working. Capital

                Current Liabilities

                Net Working Capital

                Working Note for Calculation of Work-in-process

  •    Annexure 4 :: Sources and Disposition of Funds

  •    Annexure 5 :: Projected Balance Sheets

                ROI (Average of Fixed Assets)

                RONW (Average of Share Capital)

                ROI (Average of Total Assets)

  •    Annexure 6 :: Profitability ratios

                D.S.C.R

                Earnings Per Share (EPS)

               

             Debt Equity Ratio

        Annexure 7   :: Break-Even Analysis

                Variable Cost & Expenses

                Semi-Var./Semi-Fixed Exp.

                Profit Volume Ratio (PVR)

                Fixed Expenses / Cost 

                B.E.P

  •   Annexure 8 to 11:: Sensitivity Analysis-Price/Volume

            Resultant N.P.B.T

            Resultant D.S.C.R

   Resultant PV Ratio

   Resultant DER

  Resultant ROI

          Resultant BEP

  •    Annexure 12 :: Shareholding Pattern and Stake Status

        Equity Capital

        Preference Share Capital

  •   Annexure 13 :: Quantitative Details-Output/Sales/Stocks

        Determined Capacity P.A of Products/Services

        Achievable Efficiency/Yield % of Products/Services/Items 

        Net Usable Load/Capacity of Products/Services/Items   

       Expected Sales/ Revenue/ Income of Products/ Services/ Items   

  •    Annexure 14 :: Product wise domestic Sales Realisation

  •    Annexure 15 :: Total Raw Material Cost

  •    Annexure 16 :: Raw Material Cost per unit

  •    Annexure 17 :: Total Lab & ETP Chemical Cost

  •    Annexure 18  :: Consumables, Store etc.,

  •    Annexure 19  :: Packing Material Cost

  •    Annexure 20  :: Packing Material Cost Per Unit

  •    Annexure 21 :: Employees Expenses

  •    Annexure 22 :: Fuel Expenses

  •    Annexure 23 :: Power/Electricity Expenses

  •    Annexure 24 :: Royalty & Other Charges

  •    Annexure 25 :: Repairs & Maintenance Exp.

  •    Annexure 26 :: Other Mfg. Expenses

  •    Annexure 27 :: Administration Expenses

  •    Annexure 28 :: Selling Expenses

  •    Annexure 29 :: Depreciation Charges – as per Books (Total)

  •   Annexure 30   :: Depreciation Charges – as per Books (P & M)

  •   Annexure 31   :: Depreciation Charges - As per IT Act WDV (Total)

  •   Annexure 32   :: Depreciation Charges - As per IT Act WDV (P & M)

  •   Annexure 33   :: Interest and Repayment - Term Loans

  •   Annexure 34   :: Tax on Profits

  •   Annexure 35   ::Projected Pay-Back Period And IRR