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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.
It is an instrument which is used for injecting any liquid into the body of human beings or of animals. These syringes are used for injecting the medi...
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Capacity : 180 Lakh Nos. /annum |
Plant and Machinery cost: 245 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 26.00 |
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Break Even Point (BEP): 46.00 |
TCI : Cost of Project: 455 Lakhs |
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Cost of Project : 45500000 |
The seed of Modern Epichlorohydrin (ECH)-Diphenyl-Propane (DPP) based epoxy resins was first shown by Castan, a Swiss chemist. His patents were licens...
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Capacity : 300 MT/Annum |
Plant and Machinery cost: Rs. 24 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 48.00 |
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Break Even Point (BEP): 35.00 |
TCI : Cost of Project: Rs 97 Lakhs |
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Cost of Project : 9700000 |
PVC flex is made out of PVC and fabric raw material, specially designed for solvent printing industry. It is suitable for indoor and outdoor printing...
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Capacity : 5400000 MT/annum |
Plant and Machinery cost: Rs. 235 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 26.00 |
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Break Even Point (BEP): 54.00 |
TCI : Cost of Project: Rs. 454 Lakhs |
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Cost of Project : 45400000 |
Floral foam was mistakenly invented by a chemist named Vernon Smithers in the early 1940's. He created floral foam from synthetic substances or resins...
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Capacity : 500 Kgs/Day. |
Plant and Machinery cost: Rs.73 Lakhs. |
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Working Capital : - |
Rate of Return (ROR): 27.00 |
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Break Even Point (BEP): 52.00 |
TCI : Cost of Project:286 Lakhs. |
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Cost of Project : 28600000 |
Wood plastic composite is good to solve the problem arises in the environment as there is scope of use of agricultural waste product to make WPC. One...
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Capacity : 3840 Kgs./Day |
Plant and Machinery cost: Rs.75 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 43.00 |
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Break Even Point (BEP): 45.00 |
TCI : Cost Of Project : Rs.289 Lakhs |
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Cost of Project : 28900000 |
A syringe is a simple piston pump consisting of a plunger that fits tightly in a tube. The disposable plastic syringe has become an important part of...
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Capacity : - |
Plant and Machinery cost: Rs.113 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 27.00 |
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Break Even Point (BEP): 46.00 |
TCI : Cost of Project : Rs.288 Lakhs |
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Cost of Project : 28800000 |
The generation, transmission, and distribution of power involves electrical facilities, apparatus, and components, to carry the electrical energy from...
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Capacity : - |
Plant and Machinery cost: Rs.186 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 41.00 |
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Break Even Point (BEP): 68.00 |
TCI : Cost of Project : Rs. 453 Lakhs |
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Cost of Project : 45300000 |
Cannula and catheter both mean exactly the same thing– a flexible tube inserted into the body to administer or withdraw fluids or to keep another tube...
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Capacity : 300000 Pcs./Day |
Plant and Machinery cost: Rs.804 Lakhs |
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Working Capital : |
Rate of Return (ROR): 28.00 |
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Break Even Point (BEP): 36.00 |
TCI : Rs.2373 Lakhs |
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Cost of Project : 0 |
Cannula and catheter both mean exactly the same thing– a flexible tube inserted into the body to administer or withdraw fluids or to keep another tube...
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Capacity : 300000 Pcs./Day |
Plant and Machinery cost: Rs.804 Lakhs |
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Working Capital : |
Rate of Return (ROR): 28.00 |
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Break Even Point (BEP): 36.00 |
TCI : Rs.2373 Lakhs |
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Cost of Project : 0 |
Provision of drinking water supply, or in other words `piped' water supply to urban and rural population, constitutes an important aspect of developme...
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Capacity : 4.80 MT / Day |
Plant and Machinery cost: Rs. 112 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 38.00 |
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Break Even Point (BEP): 44.00 |
TCI : Cost of Project : Rs. 400 Lakhs |
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Cost of Project : 40000000 |
Polyethylene terephthalate or PET (also known as PETE) is one of the most common types of plastic. Most single serve plastic bottles, including those...
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Capacity : 4 MT/Day |
Plant and Machinery cost: 53 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 47.00 |
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Break Even Point (BEP): 41.00 |
TCI : 376 Lakhs |
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Cost of Project : 0 |
A syringe is a simple piston pump consisting of a plunger that fits tightly in a tube. The plunger can be pulled and pushed along inside a cylindrical...
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Capacity : 33600 NOS./Day |
Plant and Machinery cost: 112 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 30.00 |
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Break Even Point (BEP): 44.00 |
TCI : Cost of Project : 287 Lakhs |
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Cost of Project : 28700000 |
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