Trends in India’s Plastic Mold Industry

More than 90% of PET (polyethylene terephthalate) in India is consumed in food packaging with drinks/beverages forming almost 80% of the food packaging segment. As such there is a constant demand for high quality of products and services from plastic mold manufacturer. On this score, Acme Disys, a New Delhi-based company has risen to the occasion in providing preform mold solutions on a turnkey basis.

These molds range from 4 to 750 grams with neck sizes varying from 12 to 150 mms and Cap molds up to 72 cavities. On their part, the actual users look out for specially designed modular concepts that facilitate simplified exchange of inserts, simplified usage, low maintenance and problem free user benefits. This ISO certified company is also engaged in the design and manufacture of injection mold equipment to suit the customers’ needs.

On February 09, 2015, a global market research agency released the findings of its study titled ‘India – Recycling PET Market Outlook to 2019 – Growth Led by Inclining PET Bottle Availability and Production Capacity’. This study conducted in October, 2014 provides a comprehensive analysis of the of the various aspects such as market size, segmentation by end uses and future projections of the recycled polyester staple fibre, polyester sheets or films and polyester straps. This report also has covered prevalent trends and developments in the recycling PET industry, Government regulations, growth drivers and SWOT (strengths-weaknesses-opportunities-threats) analysis of the industry.

It has highlighted the market share of major players operating in India’s recycling industry for each particular segment. Moreover, the report also provides insights on the typical required investment in setting up a recycling unit taken all the possible factors into consideration. It also includes information on the major macro-economic indicators affecting the market and future outlook of the recycling PET Industry in India.

The concern for Recycled PET (RPET) has escalated in the recent years. PET bottles, which form the major market of PET packaging resin (94%), are the most important from the point of recycling. Since drinks and beverages are consumed mostly in residential houses, railway stations, restaurants, entertainment venues, airports and other public places, the importance of organized collection and recycling of post-consumer PET bottles needs to be over emphasized, the report has noted.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>