List of Profitable Plastic and Rubber Products Manufacturing Business.

Description:

List of Profitable Plastic and Rubber Products Manufacturing Business. Small Scale Plastic and Rubber Processing Business Projects.

Production of Rubber Gaskets, Rubber Based Adhesive, Rubber Sheet, Rubber Roller, Rubberised Cork Sheet, Butyl Rubber, Rubber Reclamation, Rubber Auto Parts, Rubber Powder, Polymers, PET, PVC, LDPE, HDPE, Polypropylene, FRP Products, Acrylic and Polyurethane

India is the 3rd largest producer and 2nd largest consumer of rubber in the world. Estimates suggest over two million people are employed in the rubber industry including tyre units, and another one million in the plantation sector across the country.

The rubber industry in India, which is dominated by small-scale sector, is today estimated at 75,000 crore. Out of the 6,000 rubber products manufacturing units, 90 per cent are MSMEs spread across different clusters. MSMEs account for 40 per cent of rubber products exported. 

The rubber industry in India manufactures around 35,000 different rubber products that find use across critical sectors like auto, defense, healthcare, agriculture and other niche areas.

Here are some Facts Regarding Rubber Industry in India.

•India is the third largest producer of rubber in the world.

•It is the fourth largest consumer of natural rubber.

•It is the fifth largest consumer of natural rubber and synthetic rubber together in the world.

•India is the world's largest manufacturer of reclaim rubber.

The following industrial sector consume most of the Rubber Products.

•Automotive tyre sector: 50% consumption of all kinds of rubbers

•Bicycles tyres and tubes: 15%

•Footwear: 12%

•Belts and hoses: 6%

•Camelback and latex products: 7%

•Other products: 10%

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