Skip to main content

Indian Plastic Industry

 The future of the Plastic industry is indeed bright. Plastic production is at its all-time high, and new plastic products are coming out every day. People still regard plastic as a substitute for other materials. Plastic has brought great changes in our daily life. we can now carry almost anything with us, and plastic bags are no exception. We can carry water bottles, shopping bags and even our precious household chemicals and medicines.

With the recent developments, the plastic industry is witnessing its future and not just technology. Plastic is no longer a limited product to a certain sphere, rather it is widely used in different sectors like fashion and cosmetic, medical and other professional medical devices, household goods like tableware, footwear, bags and many more. Now a days you find plastic products everywhere from water bottles to car parts, from watches to mobile phones and even our daily clothes, they are everywhere.

The Indian plastics market has around 25,000 companies and employs 3 million people. The state of Gujarat is the leading plastics procession hub and accounts for the largest number of plastics manufacturers, with over 5,000 firms. Main plastic processing technologies in India are  Injection moulding, Extrusion, Blow moulding and others.

Overview of Indian Plastics Industry:




Plastic Parks existing and proposed:



What is next for the Plastic Industry ?

This would help them to create a new generation of plastic that is stronger and more durable. One such product is the concept of 'smart plastic'. If the plastic industry uses this concept, it would be possible to produce plastic parts that can  sense the temperature and changes, which would help them change or extend a part's life.

Another innovation is the production of plastic parts that could use electricity to function. In the future, you maybe able to buy a plastic wristwatch that has an electric pulse detector, which would automatically stop your watch when a foreign object touches you. This would be one such example of plastic technology that we see now.

Another concept is to develop plastics that can resist harmful chemicals. Right now, it is mainly plastic bottles that are made to have low solubility. But the problem with them is that every time the bottle is broken, the liquid inside spills out, and then it gets absorbed in to the soil. So, how can we solve this ? The solution could be to produce plastics that have a more flexible nature, and one such plastic is called polyvinyl chloride, or PVC for short.

This material is known to have several benefits. For one thing, PVC does not get deformed when exposed to fire. If it did, the PVC would burn up, but it would not break. Also, if there were ever a leakage, the plastic would not get affected. It would break into small pieces and then these pieces can be recycled into other products.

All these plastics would have changed the industry's face, and we can no longer predict where the next step would come from. Experts say that by 2040, there would be almost one plastic product in every household. It may already sound like something out of this world, but the future looks bright for the industry.

The plastic industry is flourishing and earning more profit because people prefer to use plastic over other materials. The plastic industry provides a durable and hard material to manufacture our daily use products and commodities and develop them into stylish and attractive ones. Hence, the demand for plastic items is always high. As the demand for plastic grows, the number of plastic manufacturing companies is also on the rise. With the increasing competition among plastic manufacturing companies, it is getting difficult for them to profit from their business.


Comments

Popular posts from this blog

Future of Precision Tool Industry

Precision Tools is gaining momentum in several industries, increasing demand for measuring and inspection systems that are more accurate, precise and robust. As the demand for complex goods and services increases, the need for quick, mass-produced, good-quality goods supplied at a low cost is becoming increasingly important. The demand for technology that can fulfil the above-mentioned criteria is increasing rapidly day by day. With new technological advancements being brought into the world with every passing day through modernisation and industrialisation, the precision tool industry has evolved greatly from where we were few years ago. Products no longer take long to be manufactured, and a workforce is no longer needed to supervise complicated machinery. 1. Automation of traditional processes: Automation refers to a category of innovations that reduce the need for humans to participate in processes. Predetermining judgment parameters, subprocess associations, and associated behaviou

How to successfully run SME/SSI/Startup.

 Challenges faced by startups are a major concern for first generation entrepreneurs.The very word "Startup" evokes visions of the rugged individual who started from scratch and stay afloat in an overcrowded marketplace. SMEs/Startups can become successful ventures only if they are managed properly. There are few key challenges faced by startups that can prove problematic. A successful business needs to be capable of adopting quickly to changing circumstances. It also needs a solid management team and ability to invest in growth.   The first challenge is financial. When the operations is only just starting, the resources it requires can be daunting. Access to finance can be a challenge because most new businesses do not generate profits immediately. However, Investors expect the startup to generate revenue that will pay at least for operational costs if not profits in the initial years. Capital may not always be readily available. To secure enough funding to continue operatio