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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.
PVC Granules PVC compounds also known as a dry blend are based on the combination of the PVC and additives that give the formulation necessary for th...
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Rate of Return (ROR): 1.00 |
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A printed circuit board (PCB) mechanically supports and electrically connects electronic components or electrical components using conductive tracks,...
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Rate of Return (ROR): 1.00 |
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Poly Vinyl Chloride (PVC) is the most commonly specified lining material in the industry. Manufactured by the calendaring or extrusion process, it is...
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Rate of Return (ROR): 1.00 |
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Helmet Manufacturing Industry. Production of Bike Helmets. Profitable Safety Helmet Industry Bike Helmets are useful as safety gear to prevent or min...
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Rate of Return (ROR): 1.00 |
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Wood-plastic composites (WPCs) are a product class that has been developing over the last 40 years resulting in increased applications and expanded ma...
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Capacity : WPC Board: 16800 Kgs/day |
Plant and Machinery cost: Rs. 173 lakhs |
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Working Capital : - |
Rate of Return (ROR): 31.00 |
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Break Even Point (BEP): 75.00 |
TCI : Cost of Project: Rs 370 lakhs |
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Cost of Project : 37000000 |
WPCs are composites containing a wood component in particle form (wood particles/wood flour) and a polymer matrix. They are used in a variety of struc...
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Capacity : WPC Profile for Building Materials: 9600 Kgs/day |
Plant and Machinery cost: Rs. 155 lakhs |
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Working Capital : - |
Rate of Return (ROR): 28.00 |
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Break Even Point (BEP): 64.00 |
TCI : Cost of Project: Rs 737 lakhs |
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Cost of Project : 73700000 |
High Density Polyethylene (HDPE) is the high density version of PE plastic and is harder and denser than the LDPE, but is less ductile, and lighter th...
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Rate of Return (ROR): 1.00 |
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Cost of Project : 0 |
Superplasticizers, also known as high range water reducers, are chemical admixtures used where well-dispersed particle suspension is required. These p...
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Rate of Return (ROR): 1.00 |
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Nylon is one of the most common plastics in the world and has been used to create everything from clothes and parachutes to food packaging and guitar...
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Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
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Cost of Project : 0 |
Transparent Rigid PVC Films & Sheets are primarily used for signage, photo frames, Box windows, advertisement display stands & smart cards. These shee...
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Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
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Cost of Project : 0 |
Ethylene Vinyl Acetate Sheet These sheets are flexible, non toxic and very eco friendly. These sheets are very popular among masses as they are highl...
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Rate of Return (ROR): 1.00 |
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Polyurethane (PUR and PU) is a polymer composed of organic units joined by carbamate (urethane) links. While most polyurethanes are thermosetting poly...
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Rate of Return (ROR): 1.00 |
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