Project report for PET bottle


Introduction

The global plastics industry is observing a continuous shift of production bases to low-cost Asian countries. With increasing foreign investment and rise in the number of new manufacturing establishments in the region, Asia has become the largest and the fastest growing market for plastics in the world. In particular, China and India offer enormous growth opportunities due to expanding production activities in the countries. Packaging sector is the largest application sector for the plastic industry, representing almost 60.0% of the total plastics demand .plastic consumption for packaging in ...


Product / Services & process

PET jar, PET bottles were the products of the firm. Polyethylene terephthalate (sometimes written poly(ethylene terephthalate)), commonly abbreviated PET, PETE, or the obsolete PETP or PET-P, is the most common thermoplastic polymer resin of the polyester family and is used in fibers for clothing, containers for liquids and foods, thermoforming for manufacturing. MAA CHAMUNDA PET POLYMERS are planning to produce PET jars of different size and colors. 


Raw materials / Consumables

Plastic Dana & Chemicals were the main raw materials. Plastic Dana Fresh & Semi-Natural/Color are accurately formulated by using quality ingredients and does not comprise any harmful chemicals. These are made in various mgs according to the specifications.PET is a thermoplastic polymer that can be either opaque or transparent, depending on the exact material composition. As with most plastics, PET is produced from petroleum hydrocarbons, through a reaction between ethylene glycol and terephthalic acid. To produce plastic bottles, the PET is first polymerized to create long molecular ...


Market potential & Strategy

The global PET bottle market reached a volume of more than 17 Million Tons in 2018, registering a CAGR of more than 2.3% during 2011-2018. The market is further projected to reach a volume of nearly 19 Million Tons by 2024, at a CAGR of nearly 2.1% during 2019-2024. Polyethylene terephthalate (PET) refers to a thermoplastic polymer resin of the polyester family which is widely used for manufacturing plastic bottles. In comparison with PP, HDPE and PVC bottles, PET bottles are more durable, transparent, lightweight, non-reactive, cost-effective and thermally stable. Moreover, they are ...


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