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Eco-Friendly Plastics- Future of the Earth

Eco-Friendly Plastics- Future of the Earth

Plastic has given rise to huge advantages to the entire human society. The less weighted, inexpensive chemical resistant and durable element has bought nearly autocratic existence. The strength of the plastic is strong enough so that it can survive a lot. According to NPCS, Plastic is the biggest creation of humanity but it also has the ability to destroy humanity. One of the main reasons plastic is harmful is that it is not biodegradable and makes a lot of environmental problems. It decomposes the ozone plate of the earth. In most of the countries, plastic is generated from oil after the world is continuously running out of oil.

Related Projects:- Plastics, Polymers and Resins, Polypropylene (PP), Polystyrene (PS), Acrylonitrile butadiene styrene (ABS), Polyethylene terephthalate (PET), Polyester, PA, Poly(vinyl chloride) (PVC), Polyurethanes (PU), Polycarbonate (PC), Polyethylene (PE)Projects

 

Biodegradable plastics or bio plastics are prepared from biological material which is based on plant raw substances that allow the biological deterioration process. This is accomplished when the bacteria and fungi present in the environment normally Trans figure the plastics. It also enables the breakdown of the configuration of biodegradable plastic. Established to deal with the plastic waste issue, these plastic categories will transform to compost after a specific period of time.

Related Books:- Plastics And Polymers,Polyester Fibers, Pet & Preform, Medical, Expanded Plastics,Polyurethane, Polyamide, Polyester Fibers, Additives, Colourants And Fillers, Extrusion, Moulding, Mould Designs, Optical Glass, Reinforced, Films, HDPE, Thermoset

Benefits

  • Contributes an Eco-friendly Solution

Biodegradable plastics need fertilizer or recycling to confirm the adequate examination of the pieces of plastic. The regulation of proper disposal of biodegradable plastic materials automatically decreases the quantity of garbage. The trash would differently be brought to the trash yard in order to dispose of them. Also, the soil locations can be utilized for farming, housing or industrial requisitions rather than restoring them to trash yards.

Related Videos:- How to Start Plastic Manufacturing Industry (Plastics and Polymer Processing

Industries)

As you can see, biodegradable plastic is incredibly important and verifies to be of tremendous significance when it comes to decreasing waste material and enabling the atmosphere. With the improved usage and production of biodegradable plastics, we can predict a healthy and more endurable future for our earth.

  • Saves Energy

Biodegradable plastics enable the Savage of petroleum commodities. Old plastics are produced from heating and dealing with oil molecules until they transform into polymers. Bio plastics are created from biological sources containing crops like corn and switch grass. That's why biodegradable plastic saves non-renewable sources of energy such as petroleum.

  • Less Energy Consumption

The production of biodegradable plastics needs limited amounts of energy. Moreover, they do not require any fossil fuels to be converted. Since the energy provision is less than before then the pollution and environmental effect are considerably decreased.

  • Reduction in Carbon Emissions

One of the major benefits of obtaining biodegradable plastic is a substantial lessening in carbon emissions during the process of production. Also, since the elements utilized to formulate biodegradable plastics are based on plant, least carbon is radiated during the process of composting.

Worldwide Growth Reason

The worldwide biodegradable plastic industry quantity was calculated at USD 3.27 billion in 2019 and is anticipated to improve at an earnings based CAGR of 9.4% during the forecast time. Governments restricting the usage of single usage of plastic mixed with increasing understanding among the community regarding bad consequences on health from plastic garbage are among the volume ways facilitating the market growth. Also, enhancing the use of biodegradable plastics in packaging and farming is predicted to strengthen the market growth.

Related Videos:- How to Start Recycling Business of Waste Plastics - Recycling Business Ideas  

Do you know that NPCS always delivers the exact and beneficial knowledge and it is the biggest company in the world? So, if you are having any kind of doubts and questions regarding this topic then you are recommended to check out our authorized book written on this topic "Hand book on Biodegradable Plastics" you can purchase this book only from our authorized website. This book contains all important topics such as Degradation of Plastics in Environment, Standard Methods for Biodegradation of Plastics, and Standard Methods for Biodegradation of Plastics.

Related Books:- Modern Technology of Plastic Processing Industries (2nd Edition)

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NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report, Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Section of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

Our Detailed Project report aims at providing all the critical data required by any entrepreneur vying to venture into Project. While expanding a current business or while venturing into new business, entrepreneurs are often faced with the dilemma of zeroing in on a suitable product/line.

And before diversifying/venturing into any product, wish to study the following aspects of the identified product:
  • Good Present/Future Demand
  • Export-Import Market Potential
  • Raw Material & Manpower Availability
  • Project Costs and Payback Period

We at NPCS, through our reliable expertise in the project consultancy and market research field, Provides exhaustive information about the project, which satisfies all the above mentioned requirements and has high growth potential in the markets. And through our report we aim to help you make sound and informed business decision.

Reasons for buying the report:
  • This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, demand of the product and reasons for investing in the product.
  • This report provides vital information on the product like its definition, characteristics and segmentation.
  • This report helps you market and place the product correctly by identifying the target customer group of the product.
  • This report helps you understand the viability of the project by disclosing details like raw materials required, manufacturing process, project costs and snapshot of other project financials.
  • The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decision.
The report contains all the data which will help an entrepreneur find answers to questions like:
  • Why I should invest in this project?
  • What will drive the growth of the product?
  • What are the costs involved?
  • What will be the market potential?

The report first focuses on enhancing the basic knowledge of the entrepreneur about the main product, by elucidating details like product definition, its uses and applications, industry segmentation as well as an overall overview of the industry sector in India. The report then helps an entrepreneur identify the target customer group of its product. It further helps in making sound investment decision by listing and then elaborating on factors that will contribute to the growth of product consumption in India and also talks about the foreign trade of the product along with the list of top importing and top exporting countries. Report includes graphical representation and forecasts of key data discussed in the above mentioned segment. It further explicates the growth potential of the product. The report includes other market data like key players in the Industry segment along with their contact information and recent developments. It includes crucial information like raw material requirements, list of machinery and manufacturing process for the plant. Core project financials like plant capacity, costs involved in setting up of project, working capital requirements, projected revenue and profit are further listed in the report.

  • Our research reports broadly cover Indian markets, present analysis, outlook and forecast.
  • The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players.
  • We use reliable sources of information and databases. And information from such sources is processed by us and included in the report.

Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:

Introduction
  • Project Introduction
  • Project Objective and Strategy
  • Concise History of the Product
  • Properties
  • BIS (Bureau of Indian Standards) Provision & Specification
  • Uses & Applications
Market Study and Assessment
  • Current Indian Market Scenario
  • Present Market Demand and Supply
  • Estimated Future Market Demand and Forecast
  • Statistics of Import & Export
  • Names & Addresses of Existing Units (Present Players)
  • Market Opportunity
Raw Material
  • List of Raw Materials
  • Properties of Raw Materials
  • Prescribed Quality of Raw Materials
  • List of Suppliers and Manufacturers
Personnel (Manpower) Requirements
  • Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel
Plant and Machinery
  • List of Plant & Machinery
  • Miscellaneous Items
  • Appliances & Equipments
  • Laboratory Equipments & Accessories
  • Electrification
  • Electric Load & Water
  • Maintenance Cost
  • Sources of Plant & Machinery (Suppliers and Manufacturers)
Manufacturing Process and Formulations
  • Detailed Process of Manufacture with Formulation
  • Packaging Required
  • Process Flow Sheet Diagram
Infrastructure and Utilities
  • Project Location
  • Requirement of Land Area
  • Rates of the Land
  • Built Up Area
  • Construction Schedule
  • Plant Layout and Requirement of Utilities
Assumptions for Profitability workings
Plant Economics
Production Schedule
Land & Building
  • Factory Land & Building
  • Site Development Expenses
Plant & Machinery
  • Indigenous Machineries
  • Other Machineries (Miscellaneous, Laboratory etc.)
Other Fixed Assets
  • Furniture & Fixtures
  • Pre-operative and Preliminary Expenses
  • Technical Knowhow
  • Provision of Contingencies
Working Capital Requirement Per Month
  • Raw Material
  • Packing Material
  • Lab & ETP Chemical Cost
  • Consumable Store
Overheads Required Per Month And Per Annum
  • Utilities & Overheads (Power, Water and Fuel Expenses etc.)
  • Royalty and Other Charges
  • Selling and Distribution Expenses
Salary and Wages
Turnover Per Annum
Share Capital
  • Equity Capital
  • Preference Share Capital
Annexure 1:: Cost of Project and Means of Finance
Annexure 2:: Profitability and Net Cash Accruals
  • Revenue/Income/Realisation
  • Expenses/Cost of Products/Services/Items
  • Gross Profit
  • Financial Charges
  • Total Cost of Sales
  • Net Profit After Taxes
  • Net Cash Accruals
Annexure 3 :: Assessment of Working Capital requirements
  • Current Assets
  • Gross Working. Capital
  • Current Liabilities
  • Net Working Capital
  • Working Note for Calculation of Work-in-process
Annexure 4 :: Sources and Disposition of Funds
Annexure 5 :: Projected Balance Sheets
  • ROI (Average of Fixed Assets)
  • RONW (Average of Share Capital)
  • ROI (Average of Total Assets)
Annexure 6 :: Profitability ratios
  • D.S.C.R
  • Earnings Per Share (EPS)
  • Debt Equity Ratio
Annexure 7 :: Break-Even Analysis
  • Variable Cost & Expenses
  • Semi-Var./Semi-Fixed Exp.
  • Profit Volume Ratio (PVR)
  • Fixed Expenses / Cost
  • B.E.P
Annexure 8 to 11:: Sensitivity Analysis-Price/Volume
  • Resultant N.P.B.T
  • Resultant D.S.C.R
  • Resultant PV Ratio
  • Resultant DER
  • Resultant ROI
  • Resultant BEP
Annexure 12 :: Shareholding Pattern and Stake Status
  • Equity Capital
  • Preference Share Capital
Annexure 13 :: Quantitative Details-Output/Sales/Stocks
  • Determined Capacity P.A of Products/Services
  • Achievable Efficiency/Yield % of Products/Services/Items
  • Net Usable Load/Capacity of Products/Services/Items
  • Expected Sales/ Revenue/ Income of Products/ Services/ Items
Annexure 14 :: Product wise domestic Sales Realisation
Annexure 15 :: Total Raw Material Cost
Annexure 16 :: Raw Material Cost per unit
Annexure 17 :: Total Lab & ETP Chemical Cost
Annexure 18 :: Consumables, Store etc.,
Annexure 19 :: Packing Material Cost
Annexure 20 :: Packing Material Cost Per Unit
Annexure 21 :: Employees Expenses
Annexure 22 :: Fuel Expenses
Annexure 23 :: Power/Electricity Expenses
Annexure 24 :: Royalty & Other Charges
Annexure 25 :: Repairs & Maintenance Exp.
Annexure 26 :: Other Mfg. Expenses
Annexure 27 :: Administration Expenses
Annexure 28 :: Selling Expenses
Annexure 29 :: Depreciation Charges – as per Books (Total)
Annexure 30 :: Depreciation Charges – as per Books (P & M)
Annexure 31 :: Depreciation Charges - As per IT Act WDV (Total)
Annexure 32 :: Depreciation Charges - As per IT Act WDV (P & M)
Annexure 33 :: Interest and Repayment - Term Loans
Annexure 34 :: Tax on Profits
Annexure 35 ::Projected Pay-Back Period And IRR