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HDPE & PP Woven Fabric Manufacturing Industry, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue)

Tuesday, June 6, 2017

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Woven is a method by many threads or tapes woven in two directions(warp and weft), to form a fabric for plastic industry needs. Polypropylene, which is also known as PP for short name, is one kind of thermoplastic resin material that produced by the polymerization of propylene. Because of its nontoxic, non-staining 100% reusable and durable it is widely used.

The polypropylene woven fabric (PP Woven Fabric) provide strong, dependable and economical packaging option for diverse industries across the globe. These fabrics are light in weight and ideally suited for packaging corrugated or wooden boxes, cloth bales, machinery and many other finished goods for complete protection. They are used in making of bags, sacks, packing for Textiles, Upholstery, Carpets, Making Tarpaulin Covers, and Open Air Storage.

Flexible Intermediate Bulk Containers (FIBC's): The FIBC is a large bag made of woven polypropylene (PP) fabric that is usually extrusion coated to provide additional barrier and leak-proof ness. They are cheaper in cost and offer better packaging properties, high resistance towards moisture and insects. There are a little over 30 Indian manufacturers and the present output of the Indian FIBC industry is estimated to be about 125,000 MT per year valued at some Rs. 1,350 crores. The maximum growth potential is seen in the FIBC, woven sacks exports, leno bags & wrapping fabric. Thus, as an entrepreneur this project offers an exciting opportunity to you.

Market Outlook

HDPE is the world's third largest commodity plastic resin after polyvinyl chloride (PVC) and polypropylene (PP). High Density Polyethylene (HDPE) is one of the most widely used plastics in several industrial sectors such as packaging, construction and automotive.

India is expected to see the largest plastic polyethylene (PE) demand growth from 3.6 million tons (mt) to 8.2 mt in the next 10 years.

Demand for high density polyethylene (HDPE), used in the manufacturing of such things as plastic sheeting for ducting and appliance hoods, is expected to climb to more than 4 million mt by 2023.

Global demand for polyethylene resins – HDPE, LLDPE and LDPE – will rise 4% per year to 99.6 million metric tons in 2018, valued at $164 billion.

World polyethylene demand in construction markets is forecast to expand 5.1% per year to 12 million metric tons in 2018.

Bangladesh is the second largest garment exporter in the world. In the year 2016 Bangladesh’s RMG export was 28.668 billion USD. 

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