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Plastic Industry

Plastic Industry

 Plastic is used all over the world for many useful purposes. Look around and you will find plastic items surrounding you. Whether its your office or home, hospitals or any academic institutes, you will find involvement of plastic in your daily life.  At home one can find many kitchen items made up by plastic, glasses, colorful dish plates, spoon- forks etc. Today refrigerator is filled with plastic water bottles, ice treys etc. In every corner of your home you will find small or big plastic itam. School kids drape with fancy plastic water bottles and they carry their lunch in Tiffin boxes, all are made with plastic material. Plastic material contributes greatly to the quality of our everyday lives. Every working individual owns a credit or debit card. A look into your wallet and you will see that presence of plastic is assured. 

Plastic material contains properties that are unique as compared to other materials. Plastic material is a wide range of synthetic or semi-synthetic organic solids used in the manufacture of industrial products. Plastics are typically polymers of high molecular mass that can be either natural or synthetic organic compounds. 
There are two types of Plastics which are as follows:
Thermoplastics: The plastics that do not undergo chemical change in their composition when heated and can be molded again and again; examples are polyethylene, polypropylene, polystyrene, polyvinyl chloride and polytetrafluoroethylene.
Thermosetting polymers. Thermo sets can melt and take shape once; after they have solidified, they stay solid 
Plastic material, if applied properly, will perform functions at a cost that other materials cannot match. Its unique features make it inseparable thing in today’s life
It has many advantages over other materials like:
  • Lightweight 
  • High wear resistance;
  • High impact resistance;
  • Less roughness;
  • Easily processing;
  • Corrosion resistance and aesthetics;

These benefits lead to the preferable plastics’ usage, because they give increased productivity, longer life. The new product is reliable, with no lubrication requirements, significant cost savings provided, less down time and improved appearance. The polymer products are also preferred because they are environmentally friendly and easily recycled.

In this era of many astonishing industrial developments, probably no industry has under gone such rapid growth and development as the plastics industry. The first man-made plastic was created by Alexander Parkes who publically demonstrated it at the 1862 Great International Exhibition in London. The material called Parkesine was an organic material derived from cellulose that once heated could be molded, and retained its shape when cooled. 

According to most authorities in this field, the plastics industry began in 1868 when a young American printer, named John Wesley Hyatt, was searching for a new material to be used as a substitute for ivory in the making of billiard balls. He found that cellulose nitrate, formed by the action of nitric acid on cotton cellulose, mixed with camphor and treated with proper amounts of pressure and heat, produced a substance which could be molded into desired shapes. He called his new material "Celluloid."

Plastic may be convenient, but it has a large impact on the environment. All plastics come from petroleum, most contain potentially harmful chemical additives. It is non-biodegradable; which means, it cannot be broken down further or changed in anyway by any organism acting on it. If you bury a leaf and a plastic article under the earth for hundred years; the leaf would have turned to humus and would have fertilized the earth whereas, plastic on the other hand would remain in the same state however long you wait for it. 

Plastic products are everywhere in today's world. One cannot visualize his daily life without plastic. The extent of exploitation of plastic is unimaginable and never-ending. Human life has become exceedingly dependent on plastic, which is produced in large quantities every single day to suffice the demands for it. To put it in simple words, plastic once manufactured cannot be destroyed in any way. The magnitude of this property of plastic can be realized only after careful study of its direct and indirect effects that it has poised upon the environment around us. Plastic recycling is also a good solution to get protected from its bad effects.

Ever since 1957, the Plastics Industry in India has made significant achievements as it made promising beginning by commencing production of Polystyrene. Plastic material is gaining notable importance in different spheres of activity and the per capita consumption is increasing at a fast pace. The Indian Plastic industry is about 0.5% of India's GDP. The export of plastic products also yields about 1% of the country's exports. The sector has a large presence of small scale companies in the industry, which account for more than 50% turnover of the industry and provides employment to an estimated 0.4 million people in the country. Approximately Rs.100 billion is invested in the form of fixed assets in the plastic processing industry.

Continuous advancements and developments in Plastic technology, processing machineries, expertise, and cost effective manufacturing is fast replacing the typical materials that enhance its growth rapidly. There is tremendous employment scope in plastic industry. Job area in this sector is much technical that required complete technical knowledge about this industry

Plastic industry is one of the biggest businesses in India and it is classified into long chain of different categories like whole sellers, exporters, manufactures and suppliers of plastic goods. There are many big companies exist in this sector that offers the best quality plastic products that are certified by international standardizations and organizations.

Following are some of the top players’ names in plastic industry in India:

  • Finolex Industries Limited
  • Plastiblends India Limited
  • AGA Group International
  • Corporate Resource Group
  • ACRY Plus
  • Kay Kay Global Suppliers
  • Heropolyvins

These companies also offer wide range of employment opportunities to appropriate candidates. Students who are interested to pursue the career in area of Plastic Technology must have completed 10+2 with physics, chemistry and mathematics. A good Plastic Technologist can specialize at the graduate level through a BE course in Chemical/Polymer engineering or a B.Sc. course in Chemistry followed by B.Tech./Diploma in Plastic/Polymer Technology. Graduations in Chemical/Polymer engineering with Chemistry are eligible for postgraduate courses in Plastic/Polymers technology. One has to pass GATE for getting admission into the postgraduate course.

 Apart from these opportunities production, management and marketing are other functional areas and entry in these areas should not necessarily demand a background in Plastic Technology. Jobs in Plastic industry are created where knowledge is shared among the community on latest development in plastic industry. 

The plastic industry of India has a big market potentiality and is gradually prospering. This potentiality of the market will surely actuate the entrepreneurs to invest in this industry. Entrepreneurs are trying to provide high quality plastic products, so that it becomes a booming industry.

For such topics of Basic understanding on the subject matter which will give you Holistic view  for the preparation of CAT 2011 alongwith various other MBA entrance tests and  would also be useful for Essay writing / GD & PI sessions, please keep on visiting www.mbarendezvous.com, Portal with Management by objective approach.