There is a good scope of this industry, HDPE Drums & Barrels are the important Packaging Material for packaging of Chemicals, solvents Pharmaceuticals Pesticide, etc.
Key vendors in this market are
The use of barrels as storage containers is not a new concept. Originally, barrels were created from wooden planks and metal bands. These containers were excellent because they didn’t leak when filled with liquid and required no glue or nails to build. The iconic wooden barrel is still used to this day in wine and whiskey making.
In the early 1900s, wooden barrels gave way to a new more durable and easily machined material: Steel. Steel barrels were stronger, safer for use in transport and able to be manufactured on an assembly line with much less labor than wooden barrels. The steel drum is still widely used for liquid storage and transportation to this day.
More advanced technology and manufacturing practices in the late 1960s allowed for another iteration of the barrel to come about: the plastic barrel. Plastic barrels are made from high density, high molecular weight polyethylene (HDPE).
Polyethylene is an excellent material because it is inert and resistant to high or low pH contents. As foodies know, the acidity of food products can be high or low. Some materials, including food products, are caustic and can even break down steel. Have you ever left tinfoil over tomato sauce for an extended period of time? The undesirable result is a case in point: the sauce eats right through metal.
The use of high density polyethylene (HDPE) as opposed to low density (LDPE) allowed for barrels to be created completely from polyethylene, as opposed to using a plastic liner in a steel drum. The global industrial drums market is expected to exhibit a CAGR of 7.1% from 2017 to 2027. The market is expected to rise to a valuation of approximately US$ 17,684 Mn by the end of the forecast period. On the basis of product type, steel drums are expected to account for a leading share of over 73% by the end of 2027. Although steel drums are anticipated to lead the market throughout the forecast period, the use of plastic drums is expected to rise in the years ahead owing to their inexpensive nature.
Plastic drums are manufactured through a process called blow molding. This process allows for various shapes to be created with no seams on the inside. Barrels are still molded in a cylindrical shape to allow for rolling and handling using the same tools as a steel drum. The round shape lacks weak corners (corners are vulnerable to cracking with impact and exposure). The added benefit of a seamless design is that it prevents buildup of bacteria in crevices.
The global market for warehouse drums and barrels will grow at a steady rate during the forecast period and will post a moderate CAGR of over 2% by 2020. Drums and barrels are used across several industries including chemicals and petroleum, food, and pharmaceuticals.
Polyethylene barrels are made in various colors. Some barrels are created in a natural semi-transparent color to allow for a filler to see the levels of material in the barrels. However these are not UV resistant and are not suitable for outdoor storage. Black drums can be problematic as black pigment is often created from mixing various colors in a recycling process and there is no certainty as to what the previous plastic material was used for. Black barrels are generally not considered food-grade.
Most polyethylene drums are created using a blue pigment, and this has become the industry standard for food storage. The blue pigment in polyethylene drums has a higher UV light resistance than natural and does not show dirt or residue as readily. Blue is the standard food-grade drum.
One of the often forgotten and perhaps most important aspects of polyethylene is how easy it is to recycle and reuse the containers. The inertness and impermeability make them a perfect candidate for reuse or “up cycling.”
COST ESTIMATION (in INR)
Plant Capacity : 20.00 MT/day
land & Building (4000 Sq.Mtrs) : Rs. 2.21 Cr
Plant & Machinery : Rs. 5.38 Cr
Working Capital for 1 Month : Rs. 4.24 Cr
Total Capital Investment : Rs. 11.94 Cr
Rate of Return : 27%
Break Even Point : 50%
Following are the main contents covered in this project report prepared by EIRI (India).
- Uses & Applications
- I.S Specifications
- Overview Of High Density Polyethylene
- Market Survey
- Export Data Of Hdpe Drums
- Manufacturers/Suppliers Of Hdpe Drums
- Features Of Hdpe Drums
- Manufacturing Process Of Hdpe Drum
- Moulding Process
- Details Of Blow Moulding & Process
- Blow Moulding Machine
- Parison Head Assembly
- Two Parison Head
- Parison Control
- Technical Details Of Blow Moulding Machine
- Basic Specification
- Trouble Shooting Guide For Blow Moulding
- Extrusion Blow Moulding
- Spin Trimming
- Process Flow Digram For Drums & Barrels
- Sizes And Specification Of Hdpe Drums
- Hdpe Drum (35 Liters)
- Hdpe Drum (45 Liters)
- Open Top Drums (80 Liter)
- Hdpe Drum (60 Liters)
- Storage Barrels
- Plant Layout
- Principles Of Plant Layout
- Plant Location Factors
- Explanation Of Terms Used In The Project Report
- Project Implementation Schedules
- Suppliers Of Raw Materials
- Suppliers Of Plant And Machineries
APPENDIX – A:
1. Cost Of Plant Economics
2. Land & Building
3. Plant And Machinery
4. Fixed Capital Investment
5. Raw Material
6. Salary And Wages
7. Utilities And Overheads
8. Total Working Capital
9. Cost Of Production
10. Profitability Analysis
11. Break Even Point
12. Resources Of Finance
13. Interest Chart
14. Depreciation Chart
15. Cash Flow Statement
16. Projected Balance Sheet