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Situation Analysis of plastics processing industry in India
Published:2014-11-13 15:14:42    Text Size:【BIG】【MEDIUM】【SMALL
Now in India, is a promising field of plastic industry, it has created many new jobs for the people of India. Meanwhile, India's per capita domestic consumption of plastic products is also growing. Such a market potential for many investors attracted to this area. ** India is also trying to carry out some reforms on the economy to foreign investors and hereby encourage domestic enterprises in the Indian plastics industry "test the water", the plastic industry to flourish.

     While overall consumption is still low, but from another perspective, as India's economy took off, plastics-related industries will have great potential for development. India's plastics industry needs further aggravated with the economic development, which requires a certain level of its economies of scale to become a competitive force.

     Situation Analysis of plastics processing industry in India

     Currently the overall turnover of the Indian plastics processing industry is about 8.5 trillion rubles. Expected in 2012, this value will be a substantial increase in the expected range.

     Plastics processing enterprises

     The plastics processing companies are expected to develop from the current number of 30,000 to more than 40,000, an increase of nearly 33%, which will deeply stimulate further growth in employment opportunities. All current employees plastics companies in India about 300 million people, Secretary-General of the International Mould & Metal & Plastic Industry Suppliers Association Luo Baihui that in 2012 this number is expected this number will rise to about 4,000,000, more likely to break through in 2015 7,000,000.

     Indian plastics Foundation chairman Ashok Goel said: "The Indian plastics processing industry needs further consolidation to achieve certain economies of scale, while improving competitiveness and to achieve one key goal is to improve the modern processing equipment, and improve labor. productivity and increase exports. "

     The rapid growth of the plastics industry not only allow Indian companies to recruit more staff, the number of processing units began to climb. 25,000 units from 2010 to 2011 was 30,000 units, according to this exponential growth is expected in the next three years, the number of working set will be up to 40,000 units. However, until now, only more than 10% and 15% of small and medium enterprises can be classified as the ranks of the scale, more than 70 percent are unorganized non-standard plastics business, which is the so-called "self-employed."

     In India, the plastics industry chain can be divided into two main areas, namely upstream and downstream polymer industry transformed from a polymer plastic products industry. Upstream polymer manufacturers import the most advanced technology from abroad, in the domestic market integration, in order to remain globally competitive products. While the downstream plastic processing industry is highly fragmented composed of small and medium-sized businesses.

     Despite the rapid growth of the plastics industry spans several milestones, probably about 20 years, but the potential of the Indian plastics industry has not yet fully realized. At present, the global per capita consumption is 26 kg of plastic in India's per capita consumption of only 5 kg, this value can be described as the world's lowest. But on the other hand, the low level of per capita consumption of plastics in India symbolizes the industry there is a huge potential for growth. Since India does not have an advantage in developed countries, it is the high population. The population is highly concentrated plastics industry still maintained a high growth rate, which is promoting the consumption of plastics in India to a new level of a fundamental point.

     Become a point of high demand niche plastics industry development in India

     If you take into account the pace of development of the plastics industry in India, these are not far-fetched to expect. Over the past two years, the consumption of India's plastics industry grew by 2.25 million tons. In 15% of the average annual growth rate, India will soon become the third largest polymer consumer bodies and China later.

     According to India's leading plastic plastics associations India Foundation (Plastindia Foundation) predicts that by 2015, India's plastics production will double, from an annual output of 7.5 million tons to reach an annual output of 15 million tons.

     Meanwhile, the development of the automotive industry, but also for the development of high-Plastic City, India provides a good opportunity. Indian plastics industry experts say, steady growth in the bus industry will promote plastic consumption growth. India's passenger car industry growth has directly contributed to the polypropylene (PP) consumption with compounding growth.

     India's well-known car brands Tata

     At present, India emerged a large number of middle-class people can afford to buy a car, become the driving force automotive industry to flourish. At present, the automotive industry accounts for 5% of India's GDP, and continue rapid growth. Statistics show that last year India produces over 3.7 million vehicles, is the world's seventh largest producer, such as 16-18% in accordance with the expected development of the market increases, this year will replace Brazil joined the world's sixth largest. 2016, India's GDP will turn on the auto industry doubled, totaling approximately $ 122 billion.

     In order to achieve weight reduction goals, more and more plastics used in automobile manufacturing, the two are closely related.

     The rapid growth of the Indian automotive industry, will certainly promote the development of the plastics industry. It is worth noting that yes, targeting the market of low-grade automobile manufacturers such as Tata Motors India and Bajaj Auto, PP plastic for low cost mass production. As the name of the plant from Europe, such as Volkswagen, BMW, etc., but it will use the advanced PP material production vehicles, in order to achieve their own safety and environmental regulatory requirements.

     In this regard, India is likely to introduce legislation to regulate automobile manufacturers to use advanced advanced PP to ensure safety in the future. The move, once implemented, will certainly make the costs, while the car with a plastic doubtless towards the development of higher order, must be aware of.

     Indian plastics Foundation chairman Ashok Goel said: "In addition to growth in the automotive, home appliances and consumer demand, but also vigorously promoted the growth of India's domestic demand for plastics industry is one of the important growth of the packaging industry, especially in the shorter shelf life. food and consumer packaging. "

     Indian packaging industry is still in its early stages of development, the potential is enormous. Moreover, the local manufacture of many consumer products in India, still using a very simple packaging sales. It is worth noting that most of India's polymer extrusion processing technology, injection molding or blow molding process is rarely used. Plastics mainly for soft inelastic packaging industry, construction, household products, electrical appliances and cables.

     Indian industry to actively strive hope people can accept plastic products

     Over the next two decades, the Indian plastics market will usher in an unprecedented opportunity. Global plastics demand will reach a new height, while India is not going to give up the good opportunities. The plastic exports accounted for only 1.5 percent of the global market great country needs to do is to consolidate and upgrade the existing level of technology, increase production levels, increase utilization of plastics applications.

     A key factor in the current troubled Indian plastics industry is that many people believe that plastic is not environmentally friendly. This is mainly because of the lack of understanding of the plastic properties. It is a little known fact that India has the world's largest plastics equipment, but the lowest per capita consumption of its world.

     Let plastics become more environmentally friendly, so that the public can accept plastic, this is not an easy task. From the macro-structure analysis, the Indian market plastic polymers and plastics processing market can be described as two extremes, the former is highly capital intensive, while the latter is extremely fragmented, "self-employed" based, have difficulty to join the market, otherwise the other hand, a market is very suitable for development is a plastic recycling.

     While India's economy took off in recent years, but when it comes to plastic recycling but not vague. According to the Secretary-General of the International Mould & Metal & Plastic Industry Suppliers Association Luo Baihui understand that the Indian domestic recoveries of up to 60%, it is estimated there are about more than 7,000 businesses, the annual turnover of 92 billion rupees, provided more than 3.5 million jobs. Among them, for example in construction, India is prevalent in waste plastic binding asphalt paved roads, since 2002 and since then, it is estimated more than 200 kilometers of road paved with this combination of materials, and all are normal.

     Therefore, the industry can do is work together to create opportunities for growth in the Indian plastics industry, display industry's powerful capabilities and advantages, to encourage people to understand all the advantages of plastic, and plastic for modern life brings, let India plastics per capita consumption has been improved. Meanwhile, we should intensify encourage plastics exports, promote economic growth.

     India in March this year according to official statistics, the country's population has exceeded 1.2 billion, is the world's second highest after China. At present, India's economy maintained steady growth, and growing domestic demand for plastics, whether raw materials or plastics processing industry, there are conditions for long-term flourish. Although the per capita use of plastic in India is only five kilograms, is fifth (25 kg) global average, but with the rapid growth of the Indian economy has been with the reform, and the plastic industry as a highlight of the industry within India, but also to reach the take-off stage.

     With the degree of globalization of the Indian economy deepened, India in the development of the domestic market, but also eager to develop export markets. According to Indian ** calculations, the coming years will be here as well as the construction of more than 100 plastic processing plants "Plastic Park." The technology center will meet the growing demand for plastics industry technical personnel.

     Is in growth among the Indian plastics market, has become a global plastics market, a "dark horse."
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