Upcoming 7th PLASTASIA 2022 – Presenting the Future Plastic Industries Business
Bengaluru, Karnataka, March 04, 2022—] After six successful editions PLASTASIA 2022 returns for its 7th edition as the leading Plastics Exhibition. The exhibition happens at Pragati Maidan, New Delhi from 20 – 23 April 2022.
Organized by Triune Exhibitors Pvt Ltd in association with the Plastics Machinery Manufacturers Association of India (PMMAI) the 7th PLASTASIA 2022 Exhibition will be the podium to compare the best in the world to the best in India. The show will constitute an ideal platform not just for maximum exposure of cutting-edge products & services to key Plastics Machinery manufacturers, Raw materials, Associated industries & Petrochemical sector players, and top decision-makers but also for the kind of high-powered face to face business meetings and contacts that will take an Organisation forward in leaps and strides
This event will help Machinery manufacturers, Raw material producers, other associated industries, users, and consultants a common platform to review the latest advances and futuristic trends, share operational experiences, and discuss the requirements for smart systems.
Over the last 18years, Plastasia Exhibitions have built a reputation as an ideal place to discover the latest innovations in plastics, witness lives demonstrations, share ideas, and most importantly, secure orders.
The Indian plastics industry has been developing fast with market growth and diversification in recent years. The latest market reports indicate that the industry is likely to see increasing demands in the post-pandemic era. According to the Directorate General of Commercial Intelligence and Statistics (DGCIS) of India, the Indian plastics industry hosts more than 2,000 exporters.
In FY 2020, the plastics export of India stood at US$7.045 billion with the highest contribution from plastic raw materials at US$2.91 billion, followed by plastic sheets, films, and plates at US$1.22 billion, and packaging materials at US$722.47 million.
Meanwhile, there are around 30,000 plastic processing units of which 85-90% are small and medium-sized enterprises, over 7000 recycling units and numerous of end-users, which ensure an effective industry chain in the country. These enterprises employ more than 4 million people.
Demand for plastics is expected to increase
The Indian plastics industry produces a wide array of plastics, including polypropylene (PP), polyethylene terephthalate (PET), polyvinyl chloride (PVC) and more.
PP is the most produced polyolefin across India. ChemAnalyst’s market research stated that the PP demand in India grew at a CAGR of around 8.51% during 2015-2019 and is expected to achieve a healthy growth rate in 2022 – 2030.
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