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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.
A thinner is a solvent used to thin oil-based paints or clean up after their use. Commercially, solvents labeled "Paint Thinner" are usually mineral s...
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Capacity : Thinner (1 Ltr. Bottle):3000 Bottles/day Gum Rosin (Beroja) (1 Kgs Container):4200 Bottles/day Phenyl Concentrate (0.50 Ltr Bottle):6000 Bottles/day Cement Solvent (0.50 Ltr Bottle) |
Plant and Machinery cost: 93 lakhs |
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Working Capital : - |
Rate of Return (ROR): 60.00 |
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Break Even Point (BEP): 29.00 |
TCI : Cost of Project: Rs 523 lakhs |
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Cost of Project : 52300000 |
A toy is an item that is used in play, especially one designed for such use. Playing with toys can be an enjoyable means of training young children fo...
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Capacity : 1000 Nos. /Day |
Plant and Machinery cost: 115 lakhs |
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Working Capital : - |
Rate of Return (ROR): 31.00 |
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Break Even Point (BEP): 62.00 |
TCI : Cost of Project:549 lakhs |
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Cost of Project : 54900000 |
Woven is a method by many threads or tapes woven in two directions (warp and weft), to form a fabric for plastic industry needs. In the plastic woven...
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Capacity : 8.4 MT/Day |
Plant and Machinery cost: 500 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 923 lakhs |
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Cost of Project : 92300000 |
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 : 4800 Kgs /Day |
Plant and Machinery cost: 146 lakhs |
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Working Capital : - |
Rate of Return (ROR): 27.00 |
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Break Even Point (BEP): 56.00 |
TCI : Cost of Project: 391 lakhs |
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Cost of Project : 39100000 |
These HDPE pipes and fittings have a high degree of corrosion resistance, are light in weight. Yet tough and durable, have excellent, hydraulic proper...
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Capacity : 1,440,000 Kgs. /annum |
Plant and Machinery cost: 58 lakhs |
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Working Capital : - |
Rate of Return (ROR): 27.00 |
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Break Even Point (BEP): 60.00 |
TCI : Cost of Project: Rs357 lakhs |
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Cost of Project : 35700000 |
Phenolic 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 wate...
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Capacity : 3,600,000 Pcs/annum |
Plant and Machinery cost: 69 lakhs |
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Working Capital : - |
Rate of Return (ROR): 27.00 |
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Break Even Point (BEP): 47.00 |
TCI : Cost of Project : Rs 270 lakhs |
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Cost of Project : 27000000 |
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 : 3,600,000 Pcs/annum |
Plant and Machinery cost: Rs 69 lakhs |
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Working Capital : - |
Rate of Return (ROR): 27.00 |
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Break Even Point (BEP): 47.00 |
TCI : Cost of Project : Rs 270 lakh |
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Cost of Project : 27000000 |
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 : 4800000 sq.ft. |
Plant and Machinery cost: Rs 146 lakhs |
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Working Capital : - |
Rate of Return (ROR): 27.00 |
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Break Even Point (BEP): 56.00 |
TCI : Cost of Project: Rs 391 lakhs |
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Cost of Project : 39100000 |
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 : 4800000 sq.ft. |
Plant and Machinery cost: Rs 146 lakhs |
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Working Capital : - |
Rate of Return (ROR): 26.00 |
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Break Even Point (BEP): 51.00 |
TCI : Cost of Project: Rs 476 lakhs |
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Cost of Project : 47600000 |
The adhesive industry has seen significant changes in recent years. The type and number of these changes have been astounding. They include new substr...
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Capacity : Pure Epoxy Resin with Curing Agent : 9000000 Kgs/Annum |
Plant and Machinery cost: Rs 162 lakhs |
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Working Capital : - |
Rate of Return (ROR): 32.00 |
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Break Even Point (BEP): 60.00 |
TCI : Cost of Project: Rs 698 lakhs |
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Cost of Project : 69800000 |
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 : 300,000 Boxes/Annum Disposable Plastic Syringes 5 ml Size : 300,000 Boxes/Annum Disposable Plastic Syringes 10 ml Siz : 300,000 Boxes/Annum |
Plant and Machinery cost: Rs 802 lakhs |
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Working Capital : - |
Rate of Return (ROR): 27.00 |
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Break Even Point (BEP): 44.00 |
TCI : Cost of Project: Rs 1474 lakhs |
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Cost of Project : 147400000 |
Thermocol has been employed almost exclusively in the packing and thermoacoustic isolation sectors; utilizing new processes and sophisticated equipmen...
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Capacity : Thermocol Glasses: 64,800 Kgs/Annum Thermocol Plates : 211,200 Kgs/Annum |
Plant and Machinery cost: Rs 30 lakhs |
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Working Capital : - |
Rate of Return (ROR): 27.00 |
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Break Even Point (BEP): 63.00 |
TCI : Cost of Project : Rs 109 lakhs |
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Cost of Project : 10900000 |
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