In a survey conducted by the global agency Ken Research, it was revealed that the global plastics industry has witnessed a continuous shift of production bases to low-cost Asian countries. The following topics were covered in the study by Ken Research: Market size of Indian PET preforms industry - production, volume and turnover Market segmentation of the PET preforms by end-user applications Import and export scenario of PET preforms Cost factors in setting up a PET preforms manufacturing plant Trends and developments in India PET preform market Government regulations and certifications in the Indian PET preform market Growth drivers and challenges in the PET preform market in India Market shares of major players in Indian PET preform market Competitive scenario of major companies in Indis PET preform market Future outlook and projections of PET preform market in India Packaging sector is the largest application sector for the plastic industry, representing almost 60% of the total plastics demand.

PET containers are light, damage-proof and also they can be easily moulded into desired shape with longer shelf life as compared to glass, ceramics or metal. In this context, the focus has been on India of post-1991 era of open economy leading to LPG (liberalisation-privatisation-globalisation). The main task of the manifold is to distribute the plastic entering the mold to the various nozzles which then meter it precisely to the injection points in the cavities. On this score, Indian companies have performed exceedingly well as evident from the response from users of these machines at home as well as abroad.

Both the systems are operated with the aid of hot runner systems. Above all, PET is fully recyclable, dispelling the notions about plastic being toxic and not environment-friendly. A hot runner system usually includes a heated manifold and a number of heated nozzles. This development has also revolutionised the design and development of accessories such as press tools, jigs and other fixtures. The consumption of plastic for packaging in India is expected to reach China Wholesale Extruder Nitride & Bimetal Screw Barrel 10 million tonnes by 2020 in which the PET based industry has been projected to grow the fastest at an annual rate of over 11%.. Thus PET has gradually replaced conventional packaging materials like glass and metal. Rise in foreign direct investment (FDI) and also in the number of new manufacturing establishments in the region, Asia has become the largest and the fastest growing market for plastics in the world. The single-stage process involves the injection and blow moulding processes of preforms.

In the two-stage process separate injection for the preforms and separate blow moulding in which the preform is stretched and blown to its final shape are employed with varying barrier degrees. Thus one may opine that the future is bright for this industry. The PET containers like bottles and jars are manufactured in a single-stage or two-stage process.Consequent to the polyethylene terephthalate (PET) based technology becoming the prominent medium in packaging various products, there has been an eternal demand for the manufacturer of an injection moulding machine