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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.
Polyvinyl Chloride (PVC) piping is the most widely used plastic piping material. PVC pipe is manufactured by extrusion in a variety of sizes and dimen...
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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 |
How to Start HDPE Pipes Manufacturing Industry. Profitable Business Idea for High-Density Polyethylene Pipe Production. High-density polyethylene p...
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Rate of Return (ROR): 1.00 |
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HDPE & PP Woven Fabric Manufacturing Industry, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturi...
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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 |
Cenosphere Processing Plant. Cenosphere Separation from Fly Ash. Production of Cenospheres from Coal Fly Ash. Cenospheres are inert, light weight and...
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
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Cost of Project : 0 |
Production of Bioplastic Products. Biodegradable and Bio-Plastics Products Manufacturing Business. Glasses, Plates and Bags Manufacturing Project....
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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 |
Waste Plastic to Oil Conversion. Production of Oil from Waste Plastics and Polythene using Pyrolysis Process. Waste Plastic Pyrolysis Pyrolysis is...
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Capacity : - |
Plant and Machinery cost: - |
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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 |
Pyrolysis is the chemical decomposition of organic substances by heating the word is originally coined from the Greek-derived elements pyro "fire" and...
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Capacity : Pyrolysis Oil: 10 MT/Day Carbon (by product): 3.33 MT/Day Gas (by product): 2 MT/Day |
Plant and Machinery cost: Rs 197 lakhs |
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Working Capital : - |
Rate of Return (ROR): 26.00 |
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Break Even Point (BEP): 58.00 |
TCI : Cost of Project : Rs 512 lakhs |
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Cost of Project : 51200000 |
Floral Foam is the plastic spongy material that florists use to put their many beautiful flower designs in place. It has effectively replaced the conv...
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Capacity : 300 Kgs/Day |
Plant and Machinery cost: Rs 55 lakhs |
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Working Capital : - |
Rate of Return (ROR): 24.00 |
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Break Even Point (BEP): 58.00 |
TCI : Cost of Project: Rs 211 lakhs |
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Cost of Project : 21100000 |
Plastic moulded furniture has virtually exploded in the Indian scenario and from a stage of infancy the field has risen to almost 70 million in volume...
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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 |
Electric switchboard is a device that directs electricity from one or more sources of supply to several smaller regions of usage. It is an assembly of...
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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 |
Floral foam is a dense, lightweight and porous material that can be cut into virtually any shape. It holds its shape when wet and provides both water...
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Capacity : 12000 Pcs./Day |
Plant and Machinery cost: 68 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 270 lakhs |
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Cost of Project : 27000000 |
Disposable Syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized...
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Capacity : Disposable Plastic Syringes 2 ml Size: 350 Boxes/day Disposable Plastic Syringes 5 ml Size: 350 Boxes/day Disposable Plastic Syringes 10 ml Size: 200 Boxes/day Disposable Plastic Syringes 50 ml Size: 100 Boxes/day |
Plant and Machinery cost: Rs 151 lakhs |
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Working Capital : - |
Rate of Return (ROR): 26.00 |
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Break Even Point (BEP): 63.00 |
TCI : Cost of Project: Rs 343 lakhs |
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Cost of Project : 34300000 |
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