Month: March 2019

Latest in Indian Plastic Exports Industry: 31.6% Growth in FY19

Plastic Exports Industry

Plastics are among the fastest-growing industries in India, experiencing a double-digit growth rate on an average. The industry spans the country and hosts more than 2,000 exporters. It employs about 4 million people and comprises more than 30,000 processing units, 85-90 percent of which are small and medium-sized enterprises. Some of the common plastic merchandise …

8 Advanced Plastics Used in the Automobile Sector

Automobile Sector

According to a recent study, for every 10% reduction in vehicle’s weight, it reduces fuel usage by 6 to 8%. Due to current environmental and economic concerns, automobile manufacturers are now incorporating more advanced plastic materials so as to reduce weight and make the vehicles more fuel efficient. Advantages that these advanced plastics used in …

Global Plastic Injection Molding Market Predictions

Plastic Injection Molding

The plastic injection molding industry is one of the most dynamically evolving businesses according to Global Market Insights Inc. The application can be found in a multitude of industries such as automotive, packaging, medical, aerospace, household appliances, and construction. Let us have a brief look at the overall process of how plastic injection molding works. …

How India Is Becoming A Preferred Hub For Plastic Packaging

Plastics are widely used in the packaging sector owing to their incredible properties such as durability, light-weight, strength, and cost-effectiveness. The application of plastics in the packaging industry can be found in a multitude of sectors such as healthcare, consumer goods, electronics, construction, travel, household, food, and beverages. The Indian packaging industry, which constitutes about …

4 Incredible Ways How Plastics Benefit the Environment

Plastics Benefit the Environment

Contrary to many beliefs plastic can help the environment in a wide variety of ways. It can be recycled and reformed through multiple molding techniques and offer a better alternative than their wood and metal counterparts. Let us look at four incredible ways how plastics benefit the environment.  1) Help Lower Environmental Impact Plastics help …