Page 35 - Plastics News February 2025
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FEATURE NEWS




             and fashion due to its translucent blue/green      The use of recycled plastics in 3D printing  pro-
             color, and OrCA , which engineers designed         poses a circular economy solution that enables
                              
             for engineering uses and that can incorpo-         the reduction of waste and carbon footprint.
             rate materials like graphene and carbon fib-                                Source – Plastics Engineering
             ers.



























          Fishy Filaments mechanical properties com-
          pared to comercial products. Courtesy of Fishy
          Filaments.


          India's plastic pipe market to grow,


          but PVC prices may pose challenge




            ndia's plastic pipe industry has a potential of     growth,  with  an  8  per  cent  compound  annu-
            significant expansion because the country's         al growth rate (CAGR) in the last decade from
          Iper-capita  pipe  consumption  remains  much         FY15 to FY24. The report further outlined that
          lower than the global average, according to a         the plastic pipe market is projected to reach a
          recent report by Jefferies, a global investment       size of Rs 500 billion by FY25, driven by a re-
          bank and financial service company.                   surgence in capital expenditure (capex) and a
                                                                robust housing cycle.
          “India's per-capita-pipe-consumption is lower
          than the world average and significantly lower        In 2023, according to a report by market re-
          than the US, Europe, and China. This implies sig-     search platform Techsci Research, India’s plas-
          nificant headroom for growth,” the report stated.     tic pipe market was valued at Rs 474. 47 billion.
                                                                These pipes are widely utilised in a range of in-
          Growth and market projections
                                                                frastructure projects, such as water supply, sew-
          The plastic pipe sector has demonstrated strong       age systems, and gas distribution.


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