NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Written by / Agency / Source: Frost & Sullivan
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Indian Bioplastics Market Needs to Stretch to Encompass More Applications Finds Frost & Sullivan - Although the Indian Bioplastics market is beset by challenges such as low awareness that are typical to emerging markets, the inadequate market response signifies huge potential for companies wishing to enter this market
Indian Bioplastics Market Needs to Stretch to Encompass More Applications Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Mumbai, India, 2010/02/19 - Although the Indian Bioplastics market is beset by challenges such as low awareness that are typical to emerging markets, the inadequate market response signifies huge potential for companies wishing to enter this market.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing / Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Participants can overcome the awareness barrier by creating greater environmental awareness and promoting the long-term environmental benefits of using Bioplastics over petroleum-based plastics.

New analysis from Frost & Sullivan (chemicals.frost.com), Bioplastics in India, finds that the market grew at 30 percent in 2008 and will grow at a compound annual growth rate (CAGR) of 44.8 percent between 2009 and 2015. Frost & Sullivan expects the market to be a high-growth one due to current low volumes but high existing potential.

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an email to Anish Charles / Nimisha Iyer, Corporate Communications, at anishc[.]frost.com / niyer[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, a brochure will be sent to you by email.

"The need of certain end-user segments, such as the hospitality industry, to project themselves as eco friendly and for packagers to meet the requirements of export-oriented markets is currently the key driver for Bioplastics demand in India," says Frost & Sullivan Principal Consultant Dominic Britto. "However, new applications and products have to be identified and developed as the Indian bioplastics market has far fewer applications than the global market."

Manufacturers can make further inroads into the market by lobbying with the government for favorable laws and manufacturing incentives. Although there is currently no legislation supporting the use of bioplastics in India, market participants can request tax exemptions and regulations that mandate the use of bioplastics for certain applications.

Apart from possible government backing, Bioplastics manufacturers will feel encouraged by the availability of abundant feedstock in India and the country’s potential to become a major feedstock supplier for biopolymers. This could ensure their constant accessibility to Bioplastics resins, making the country a hot destination for Bioplastics companies.

"Meanwhile, it has become important for suppliers to have long-term contracts with the customers in order to increase the usage of Bioplastics," notes Britto. "Until Bioplastics are available for prices at par with conventional plastics, suppliers need to focus on strengthening customer relations by providing additional support in terms of tailor-made products, technical support, shorter delivery times, and larger product offerings."

Bioplastics in India is part of the Chemicals & Materials Growth Partnership Services program, which also includes research in the following markets: Indian paints and coatings market, Indian flexible packaging market, and Indian construction chemicals market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents.

Bioplastics in India / P2EF

Contact:
Tanu Chopra
Corporate Communications – Middle East
P: +91 22 4001 3437
F: +91 22 2832 4713
E: tanu.chopra[.]frost.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing / Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing / Robotics articles,
CATCH Visitors via Your Competitors Announcements!


Indian Bioplastics Market Needs to Stretch to Encompass More Applications Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Anish Charles / Nimisha Iyer 
+91.22.4001 3419 / +91 98200 50519 anishc[.]frost.com/ niyer[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing / Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Manufacturing / Robotics Most Recent Related Newswires:

BASF and KIT Join Forces in Public Funded Project to Investigate Opportunities of Multilayered Anodes for Lithium-ion Batteries
LANXESS Expands Production Capacities in Asia
BASF Scientists Provide Insights into Latest R&D Projects At IFSCC Conference
The Theme of BASF’s 2021-2022 Automotive Color Trends Collection
MM Board & Paper Invests in ABB’s Next Generation L&W Autoline for Europe’s Highest Production Cartonboard Mill
TerraGloss Coating on Hard Calender Roll At Lenzing Papier in Austria in Use for more than 24 Months
bp and LANXESS Join Forces on Renewable Raw Materials for Plastics Production
BASF PETRONAS Chemicals Increases Production Capacity for 2-Ethylhexanoic Acid in Kuantan, Malaysia
LANXESS Introduces New Unreinforced Polyamide 6 Compound with Outstanding Flame Resistance
Nexans’ Groundbreaking Deep-water High Voltage Dynamic Cable Selected for Jansz-Io Compression Project, Paving the Way for Future Offshore Innovation
KRAIBURG TPE Americas Introduces its TPEs with Superior Flow Properties for Automotive Interior Applications
Donaldson Company Recognized by Frost & Sullivan for Improving Fleet Efficiency with its Connected Filtration Products
LANXESS Launches Full Biocomposite
BASF Introduces Enable™ FCC Additive for Superior Performance in Emissions and Regenerator Afterburn Control
BASF Introduces Decorative Marbling for Injection-molded Parts Made of Ultrason®

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Mokuyobi

Visit  JobsWare.com





 
  ©2021 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)