Plastics have revolutionized our lives, creeping into every nook and corner of our homes and offices. However, India’s per capita consumption of plastics is still 6 kg compared to 25 kg in developed countries. Consumer plastics mainly comprise polymers such as polypropylene, high and low density polyethylene, and vinyl chloride. Broadly plastics can be classified into two types namely Thermosetting and Thermoplastic. The type of plastics includes HDPE, LDPE, PVC, PP, PS, PETE and vinyl plastics, to name a few.
The plastics industry is highly fragmented. There are about 22,000 plastic processing units, of which three-fourth are in the small –scale sector, which also accounts for a quarter of the total polymer consumption. About 30 per cent of the total polymer consumption accounts for recycled plastic. Plastics have a high volume –to-weight ratio, which makes their collection and transport a major cost factor.
The Indian plastics industry has been growing at a phenomenal rate of 15 per cent over the years. Thus its potential is being utilized properly. The boost in the plastics industry is due to the rapid growth of segments like electronics, packaging, healthcare, consumer durables and telecommunication sectors.Annually around six million tonnes of plastic is produced in the country, with the plastic packaging sector growing fastest.
Reliance Industries Ltd., Gas Authority of India and petrochemicals are major producers of polymers in India. RIL, Asia’s largest manufacturer of polypropylene with a combined capacity of over one million tonnes, holds 70 per cent market share.
India will be the third largest plastics consumer after the US and China by 2010 at over 12 million.Plastic goods consumption is expected to double in the next three years. Experts have predicted that India’s market for finished plastic goods will reach $300 billion by 2012, while exports are expected to reach a level of $200 billion in the same period. India ranks highest in recycling of plastics with 60 per cent of plastic recycled compared with a world average of 20 per cent. Experts have estimated thatthe basic demand for plastic would be boosted over the next years by the housing, automobile and retail sectors.
Please choose a project below related to this category.
Biodegradable shopping bags are made of polymers that degrade, or decompose, when exposed to air, water, or sunlight. Biodegradable packaging provides...
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Capacity : Biodegradable Plastic Bags (Per Bag 25 gms Size): 360 MT/Annum |
Plant and Machinery cost: 298 lakhs |
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Working Capital : - |
Rate of Return (ROR): 25.00 |
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Break Even Point (BEP): 61.00 |
TCI : Cost of Project: Rs 606 lakhs |
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Cost of Project : 60600000 |
HDPE Jumbo Bags Manufacturing Industry. Production of FIBCS (Flexible Intermediate Bulk Containers), Bulk Bags FIBC Bags, also known as Jumbo Bags/ B...
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Capacity : - |
Plant and Machinery cost: - |
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
TCI : - |
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Cost of Project : 0 |
Jumbo bags are big bags used for packing bulk materials of different types. These big bags in different specifications and grades based on the require...
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Capacity : 8,640,000 Nos per Annum |
Plant and Machinery cost: 106 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 35.00 |
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Break Even Point (BEP): 58.00 |
TCI : Cost of Project: 748 Lakhs |
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Cost of Project : 74800000 |
Polyvinyl acetate is a substance produced through the combining of many units of monomeric vinyl acetate (CH3COOCH=CH2). The number of units so combin...
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Capacity : - |
Plant and Machinery cost: - |
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
TCI : - |
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Cost of Project : 0 |
X-ray film displays the radiographic image and consists of emulsion (single or double) of silver halide (silver bromide (AgBr) is most common) which w...
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Capacity : - |
Plant and Machinery cost: - |
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
TCI : - |
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Cost of Project : 0 |
Polycarbonates (PC) are a group of thermoplastic polymers containing carbonate groups in their chemical structures. Polycarbonates used in engineering...
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Capacity : - |
Plant and Machinery cost: - |
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
TCI : - |
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Cost of Project : 0 |
The hypodermic syringe, also known as the hypodermic needle, is a device used by medical professionals to transfer liquids into or out of the body.A s...
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Capacity : Disposable Plastic Syringes with Needles 1 ml Size each Packed in Polypack: 82000 Th.Nos./annum |
Plant and Machinery cost: Rs. 2410 lakhs |
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Working Capital : - |
Rate of Return (ROR): 21.00 |
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Break Even Point (BEP): 17.00 |
TCI : Cost of Project: Rs14240 lakhs |
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Cost of Project : 1424000000 |
PVC Battery Separators in many different sizes suitable for Lead-Acid Batteries used in all kinds of applications like Automotive Batteries, Train Lig...
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Capacity : - |
Plant and Machinery cost: - |
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
TCI : - |
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Cost of Project : 0 |
BOPP films (Biaxially Oriented PolyPropylene Films) are produced by stretching polypropylene film in both machine direction and transverse direction....
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Capacity : - |
Plant and Machinery cost: - |
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
TCI : - |
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Cost of Project : 0 |
PVC compounds also known as a dry blend are based on the combination of the PVC and additives that give the formulation necessary for the end-use appl...
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Capacity : - |
Plant and Machinery cost: - |
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
TCI : - |
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Cost of Project : 0 |
In modern clothing and fashion design, a Plastic Button is a small fastener, now most commonly made of plastic, but also frequently made of metal, woo...
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Capacity : - |
Plant and Machinery cost: - |
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
TCI : - |
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Cost of Project : 0 |
Double Wall Corrugated HDPE Pipes Manufacturing Industry. Production of DWC Pipe for Drainage and Fiber Electric Cable Network DWC Pipes or Double Wa...
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Capacity : - |
Plant and Machinery cost: - |
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
TCI : - |
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Cost of Project : 0 |