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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.
Optical Fibre Manufacturing Industry. Production of Fiber Optics The global fiber optics market is expected to reach USD 9.12 billion by 2025. An op...
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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 |
Liquid Urea-Formaldehyde Resin Manufacturing Industry. Urea-Formaldehyde (UF) Resins for Wood Urea-formaldehyde (UF) resin, one of the most impor...
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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 pipes are produced by extrusion process followed by calibration to ensure maintenance of accurate internal dia with smooth internal boxes. These p...
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Capacity : PVC Pipes (Size 1 inches): 510 MT/Annum PVC Pipes (Size 1.50 inches): 825 MT/Annum PVC Pipes (Sizes 2 inches): 1107 MT/Annum PVC Pipes (Size 2.50 inches): 1758 MT/Annum |
Plant and Machinery cost: Rs. 58 lakhs |
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Working Capital : - |
Rate of Return (ROR): 32.00 |
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Break Even Point (BEP): 71.00 |
TCI : Cost of Project : Rs. 184 lakhs |
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Cost of Project : 18400000 |
Urea-formaldehyde resin is a major commercial adhesive, especially within the forest products industry. It offers a number of advantages when compared...
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Capacity : Liquid Urea-Formaldehyde Resin: 8 MT/day |
Plant and Machinery cost: Rs.71 lakhs |
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Working Capital : - |
Rate of Return (ROR): 29.00 |
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Break Even Point (BEP): 79.00 |
TCI : Cost of Project: Rs. 209 lakhs |
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Cost of Project : 20900000 |
Fiber optics, or optical fiber, refers to the medium and the technology associated with the transmission of information as light pulses along a glass...
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Capacity : Optical Fibre Preform 50 Dia: 3000000 KMeters/Annum |
Plant and Machinery cost: Rs. 3013 lakhs |
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Working Capital : - |
Rate of Return (ROR): 29.00 |
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Break Even Point (BEP): 60.00 |
TCI : Cost of Project : Rs3828 lakhs |
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Cost of Project : 382800000 |
HDPE and uPVC Pipes Production. Business Opportunities in Pipe Manufacturing Industry HDPE Pipe HDPE pipe is a pipe made from high-density pol...
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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 |
Biodegradable Plastic Bag Manufacturing Industry. Production of Compostable and Biodegradable Bags from Corn Starch. Eco-Friendly Disposable Bags...
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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 |
Corn starch has 25% amylose and 75% amylopectin. The amylose molecules loose lose water increase biodegradation characteristic and amylopectin molecul...
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Capacity : Biodegradable Plastic Bags (Per Bag 25 gms wt.) : 360 MT/Annum |
Plant and Machinery cost: Rs 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 resins with low ductility can lead to unexpected cracking in the pipe. These HDPE pipes and fittings have a high degree of corrosion resistance,...
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Capacity : HDPE Pipes: 5 MT/Day uPVC Pipes: 11 MT/Day |
Plant and Machinery cost: Rs. 385 lakhs |
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Working Capital : - |
Rate of Return (ROR): 28.00 |
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Break Even Point (BEP): 56.00 |
TCI : Cost of Project: Rs. 720 lakhs |
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Cost of Project : 72000000 |
BioPlastic shopping bags, carrier bags, or plastic grocery bags are a type of bioplastic bag used as shopping bags and made from various kinds of biop...
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Capacity : Bioplastic Carry Bags (8"x16") Size: 3500 Kgs/Day Bioplastic Garbage Bags (950x810 mm) Size: 1500 Kgs/Day |
Plant and Machinery cost: Rs. 62lakhs |
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Working Capital : - |
Rate of Return (ROR): 30.00 |
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Break Even Point (BEP): 60.00 |
TCI : Cost of Project: Rs 396 lakhs |
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Cost of Project : 39600000 |
Biodegradable plastics are the type of plastics that undergo decomposition over a period of time under composting conditions.A bioplastic is a plastic...
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Capacity : Bioplastic Film 25 Micron: 5000Kgs/Day |
Plant and Machinery cost: Rs. 184 lakhs |
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Working Capital : - |
Rate of Return (ROR): 28.00 |
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Break Even Point (BEP): 60.00 |
TCI : Cost of Project: Rs. 616 lakhs |
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Cost of Project : 61600000 |
Plastic Battery Containers Manufacturing Business. Battery Storage Containers Production Automobile battery containers are used to carry the Batt...
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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 |
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