Exciting Business Opportunities That Involve Plastic Products

The lightweight characteristics of plastic has made it the preferred alternative to a wide range of materials, including stones, metals, glass, wood and fabric. Many manufacturers worldwide have embraced plastic products and its derivatives to drive business growth and gain long-term success.

In this article, we look at 8 business opportunities involving plastic products that can drive your business forward in 2023 and beyond! To begin with, all these opportunities require a modest capital investment along with a small manufacturing equipment footprint. A glance through the below opportunities will reveal that all the products are popular items with huge demand in the consumer, healthcare or industrial setting.

1. Disposable Syringes

Plastic syringes play a vital role in the medical industry. They are inexpensive and can be disposed after one use. These life-savers are part of a multi-billion global industry with demand growing every day, from local hospitals and nursing homes to nation-wide hospital chains.

2. Pharma Strips

Pharma strips help maintain high hygiene standards for patients. This is because it ensures that only one tablet or capsule is consumed without causing any damage to other tablets/capsules in the strip. Plastic helps create packaging that restricts the entry of moisture and air, ensuring freshness and integrity of the product’s ingredients till the date of expiry.

3. Electric Wires

Wires with PVC insulation are resistant to flames and abrasions. They also possess strong mechanical strength. Wires with PVC coating have widespread use at homes, factories, offices and any establishment that requires wires to have superior conductivity and tensile strength.

4. Insulation Tapes

Insulation tapes are often called life-savers in the electrical world. They are used to stop electrical current from passing to other wires accidentally.

Insulation tapes made of PVC are hugely popular, because this plastic derivative is resistant to temperature, oil and water.

5. Pipes

Pipes made with PVC help preserve the quality of drinking water. PVC pipes are also resistant to corrosion and helps prevent the wastage of water. Contrary to popular opinion, PVC pipes are not just used at homes but also in a wide range of industries.

6. Water Tanks

Tanks made of plastic offer several benefits over steel tanks. The biggest benefit is the resistance to corrosion and rust. Plastic-based water tanks also offer higher impact strength than steel tanks.

7. Spectacle Frames

Plastic spectacle frames are in demand because they offer plenty of style options. They can be moulded to create thick frames, which are quite popular at the moment.

8. HDPE Bags

HDPE or High Density Poly Ethylene ranks among the most versatile materials that can be used for a variety of applications. Bags made of HDPE are very popular and can last a long time. HDPE bags are also capable of making a fashion statement that’s hard to miss!

If you are looking to gain a foothold in the plastic industry, then PLASTIVISION 2023 should definitely be on your radar. It will be held from December 7 to 11, 2023 at Bombay Exhibition Center, Goregaon, Mumbai.

Hosted by the All India Plastic Manufacturer’s Association. PLASTIVISION provides you with the platform to launch and showcase new products, make connections in the plastic industry, and learn about new technology trends.

You can become a part of the event by calling 022 6777 8846/48 / +91 99303 55494 or sending an email to sanjeevani@plastivision.org.