Thermocol has a particular characteristic: it gives the hand a sensation of velvety softness not experienced in contact with traditional types of plastic. Until recently Thermocol has been employed almost exclusively in the packing and thermoacoustic isolation sectors; utilizing new processes and sophisticated equipment has been possible to create containers for foods with a perfect retention of liquids.
The disposable plastic cups, glass, plates and bowls are manufactured by thermoforming technique. They are fast replacing conventional cups, glass, plates and bowls. Ice-cream and other dairy products are packed in disposable cups. Besides Ice-cream industry, hotels, restaurants, canteens etc. have been increasingly using disposable items as against conventional glass-wares or ceramic cups, glass, plates and bowls.
Thermocol plates, glass and cups making business is one kind of business which can never go out of date. As long as people celebrates various occasions thermocol plates, glass and cups business can never comes down. During occasions like marriages, birthday parties, festivals, social gatherings, and other parties these disposable items play very important role.
Demand for foodservice disposables in the market is projected to increase 3.9 percent per year to $21.9 billion in 2019. Packaging will remain the most common product segment and will outpace service ware, napkins and other foodservice disposables. Retail and vending will be the fastest growing market, while eating and drinking places will remain dominant.
As a whole it is a good project for new entrepreneurs to invest.
Few Indian Major Players are as under
Shalimar Pack (Group of Companies)
Biopac India Corporation Limited
Windsor Industries Private Limited
Essel Kitchenware Ltd
Siliguri Poly Products Pvt. Ltd.