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HDPE Pipes Industry: How to Start a Business
HDPE pipes manufacturing unit or business in HDPE Pipes manufacturing Industry is one of the most lucrative and dynamic businesses. The demand of HDPE pipes and fittings in all sectors is growing rapidly and it can be seen by looking at the number of pipes and fittings manufacturers in every state and town of the country. If you are also interested to start your own business related to HDPE Pipes manufacturing, Entrepreneur India will guide you how to start a business in HDPE Pipes industry in detail, so keep reading this article.
What is the HDPE Pipes Industry?
The HDPE pipes industry is responsible for manufacturing and selling HDPE pipes to various industries. The HDPE, or high-density polyethylene, is a thermoplastic polymer that is commonly used in plumbing applications. There are several steps involved in starting up an HDPE pipe unit. In order to start your own business from scratch, you will need land, funds and expertise from family or friends who have previously been involved in such an industry.
What are The Opportunities in This Industry?
The HDPE pipes industry is witnessing growing demand from different industrial sectors such as oil and gas, agriculture and food processing, and others. The market growth is driven by factors such as increasing awareness about green building practices, investment in rural areas and increase in commercial and industrial construction activities. All these factors are expected to drive industry’s growth over the next six years. For example, Asia Pacific dominated industry’s revenue generation with almost $25 billion of total global revenue during 2015.
Which Technology should be used?
HDPE pipes are more durable than wood, concrete, or other conventional piping products. Additionally, HDPE pipes can be formed into almost any shape and are easily modified during installation. They have many uses in industrial applications. If you want to start a business of manufacturing HDPE pipes, you should consider using two popular plastic forming technologies—stretch blow molding and rotational molding—to develop your products. Both technologies allow for easy modification of product design throughout manufacturing.
Who can set up a plant?
Anyone can set up an HDPE pipes manufacturing unit provided they have enough money. There are no special requirements for setting up such a plant except that one must ensure that they have proper land, required licenses and necessary infrastructure in place. Apart from that, it is easy to start business of HDPE pipes manufacturing.
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