India’s huge population base and rapid urbanization process have caused it to produce more than 10 million tons of plastic waste every year, most of which flow into the natural environment without effective treatment. Many Indians know that plastic pyrolysis plant can convert waste plastics into pyrolysis oil, carbon black and syngas, so they want to invest in plastic pyrolysis projects. Is it profitable to do plastic pyrolysis business in India?
Abundant raw materials
From the raw material side, India’s abundant and cheap plastic waste provides a low-cost advantage for the pyrolysis business. Most waste plastics can be obtained at low prices from garbage recycling stations and landfills, or even collected for free, which significantly reduces the cost of raw material procurement.
A broad by-product sales market
The income from pyrolysis of waste plastics mainly comes from two major products: pyrolysis oil and carbon black. In terms of the product market, pyrolysis oil can be used as an industrial fuel to replace diesel, especially in the context of high traditional fuel prices in India, and the demand is strong; carbon black is an important raw material for the rubber industry. As a major rubber producer in the world, India’s demand for carbon black continues to grow. The stable market for these products provides a guarantee for profitability.
Government support policies
In fact, the waste plastic pyrolysis project has been developed in India for more than ten years and is a very mature project. In addition, the Indian government encourages enterprises to carry out plastic pyrolysis business and provides corresponding tax incentives and subsidy policies.
According to the above analysis, it is indeed profitable to do plastic pyrolysis business in India. The plastic pyrolysis plants manufactured by Huayin company have been exported and installed in more than 100 countries and regions around the world, such as India, Malaysia, Bangladesh, Spain, the United States, the United Kingdom, Australia, Russia, Brazil, etc. Our plastic pyrolysis plant can meet the environmental protection and installation requirements of different countries, and have won praise from many customers. If you want to carry out plastic pyrolysis business in India, please feel free to contact us, our professional engineers will tailor the most suitable solution for you.
