Printing and horse plastic mold industry has great potential
Printing and horse plastic mold industry has great potential
The plastic mold industry in India and Malaysia has great potential. Expert introduction, according to the national resin in recent years, more and more multinational companies to get cheap labor, and at the same time in order to disperse the risk of exchange rate movements, have entered the southeast Asian countries, foster Asian production base. In countries such as Indonesia, Vietnam, Cambodia and Bangladesh, the minimum wage for garment factory workers is only $45 a month. Land, water, electricity and other prices are also very favorable. Indonesian government officials have revealed that a number of companies have moved to Indonesia in the sector alone, bringing in $180 million in investment over the past four years. Japan's mitsubishi heavy industries opened a wholly owned aircraft component production company in Vietnam in September 2009, the first aircraft component plant in Vietnam. A study by Japan's foreign trade agency found that Vietnamese manufacturing workers earn an average of $101 a month. Nissan also announced that it intends to triple the assembly capacity of its plants in Indonesia. To this, the international mold and metal plastic industry suppliers association, director of the fai analysis thinks, and southeast Asia to foreign shows more and more attractive, and southeast Asian countries to take macroeconomic policies are inseparable. In recent years, the southeast Asian countries in promoting the liberalization of trade in stride, thus promote the expansion of import and export trade, promote the industry departments especially the manufacturing export trade, labor productivity and income growth in the end.
In the context of the accelerated development of world and regional trade liberalization, the process of trade liberalization in southeast Asian countries is likely to accelerate further. The trade liberalization of southeast Asian countries has led to the rapid development of foreign trade in countries, and their status in world trade in goods and services has been increasing. However, there are also many obstacles to attracting foreign investment in southeast Asian countries, including incomplete judicial systems and more widespread corruption. In addition, although labor wages are lower in southeast Asian countries than in China, they still have a big shortfall in infrastructure compared to China. For example, in ports, railways and highways, most southeast Asian countries are more than 10 years behind China. It is also a "bottleneck" that hampers the further growth of manufacturing in south-east Asia. The financial crisis hit the world two years ago, but it did not affect countries such as India or Malaysia, according to the report. In 2009, India plastic mold industry really hit from a certain extent, especially the important consumer sector, such as auto mould industry demand downturn once, but as the economy improved, the plastic mold industry will be strong growth, the industry's optimism is also more and more high. Suppliers according to the international mold and metal plastic industry association director luo hui is introduced, will more than double by 2015 it is plastic production, the annual output of 7.5 million tons of annual output of 7.5 million tons, India will soon become the world's third largest plastics consumer, during the plastic mould industry will be set up.
India's plastics industry is fragmented. About 3/4 of the 55,000 processing units are small and medium-sized companies, which produce 25% of the total output. About 2,000 (80% of them small) produce textile fibers. The largest companies include VIPIndustries, plastics manufacturing company NikamalIndustries and SupremeIndustries. The plastics industry is concentrated in the western Indian state of Gujarat and maharashtra, which is close to the raw material supplier. Introduce according to luo hui, the Indian plastic consumption among the world's eighth, but keep in mind, the polymer consumption per capita is only 5000 ~ 6000 grams, far below the international average of 27 kg, 17 kilograms per capita consumption is far lower than China, so there is a huge development potential. By 2012, according to the association of plastic manufacturers, India's plastic consumption will rise to 12 kilograms. AIPMA had predicted that consumption would double in 2010, but that goal was delayed by two years due to the financial crisis and low polymer demand. In the future, rising demand for household appliances and consumer goods will drive demand for domestic plastics. One of the key growth industries is packaging, especially for food and consumer packaged goods, which have a shorter shelf life. India's packaging industry is still in its early stages of development with huge potential.
And many of the consumer goods made in India are still sold in extremely simple packaging. It is worth noting that most of the polymer in India adopts extrusion process and is seldom used in injection molding or blow molding process. Plastics are mainly used in soft non-elastic packaging, construction, household products, electrical appliances and cables.
The boom in India's car industry will drive growth in plastic consumption. According to market research firm Frost&Sullivan, growth in the Indian passenger car industry has directly contributed to the increase in the consumption of polypropylene (PP) blends. The Indian passenger car market has grown from 200, 000 in 2001 to 2 million in 2009, with an average annual growth rate of 13.5%. The industry is expected to continue to grow ata high rate as new low-cost cars made by India's Tata and Bajaj are mass-produced. In fact, many experts think India will be the export hub for small cars. Tata, for example, has been exporting small cars since 2005, and hyundai and Nissan are exporting small cars made in India to many importing countries. However, the amount of PP in these Indian cars is still low compared with international consumption. But as international carmakers like Volkswagen come to India, the consumption will jump from about 35kg now to 55kg. The rise in crude oil prices is a challenge for the industry. PP is directly related to the price of crude oil prices, if prices keep rising trend of PP, the cost advantage will be lost, it encouraged the auto industry or other industries to find cheaper materials used to produce auto parts. The volatility of crude oil prices is one of the most important issues for auto OEM, as the 2008 financial crisis proved. The price of crude oil rose in 2010, rising from $74 a barrel in January to $85 in April, before dropping to $78 in June and rising again in August.
It is well known that some big car companies such as Volkswagen, general motors and BMW are using some advanced PP to meet the company's stringent safety and environmental requirements. While these requirements are not currently fully mandatory, in India it is likely to become mandatory in the future, which means that the adoption of advanced PP will be mandatory for manufacturers. This could further raise the cost of the PP used in Indian passenger cars in the future. According to the introduction, the government of India is to encourage the development of new technology in plastics industry, providing practical support and preferential treatment for the industry. The Indian planning commission (PlanningCommission) has approved the establishment of the country's first advanced plastic processing technology centre (APPTC), which will be set up along the coast of the Indian state of orissa. According to Indian officials, CIPET, the authority of the Indian institute of plastic engineering technology (CIPET), will oversee the project in line with instructions from the ministry of chemicals and petrochemical products. About 70 per cent of orissa's plastics industry companies are located in and around Belasore, which is why the Indian government has decided to set up a technology centre in the coastal area. In the scheme, the orissa government agreed to share 50 per cent of the costs and provide land for the construction of APPTC. As India's economic globalization deepens, India is also keen to develop export markets while developing its domestic market. More than 100 plastic processing plants and "plastic parks" will be built here in the coming years, according to the government. SrikantJena, minister of chemical and chemical fertilizers, recently said the technology centre would meet the growing demand for skilled workers in the plastic industry.
In fact, the APPTC will use a variety of time-varying training programs in plastics processing technology to supplement the shortage of skilled workers in the eastern part of orissa. Another attraction is that it is easy to get the raw materials needed for the plastics industry in the Balasore area to ensure sustainable development. At the same time, Paradeep, a neighbouring port, is also building a petrochemical complex, developed by the Indian oil company. India's consumer-driven growth is also driving the domestic plastic mold and machinery industry. According to luo baihui, head of the international supplier association of international moulds and hardware, RajooEngineers in India has benefited from strong consumer spending in the manufacture of moulds for the processing of consumer goods.
RajooEngineers company President SunilJain (of all printing plastic machinery manufacturers association, molds and tools, chairman of the committee) industry has been urging India to develop export markets, because of the financial crisis has been to the United States, Europe, Japan and South Korea's main rival. Subject to strong growth in the plastic industry, India's machine and mold has a competitive advantage, because they're cheap, even though many critics say that these products than similar products of advanced western countries. But experts say this is a great time for India to sell products in the international market, especially in Africa, Latin America and the Middle East.
