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Domestic technical textiles Industry Segment-wise consumption of ...

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The average domestic market price <strong>of</strong> these tarpaulins in 2007-08 was around Rs 90-95 per kg. The<br />

prices <strong>of</strong> HDPE tarpaulins are strongly linked with the crude oil prices and hence, the prices have<br />

increased drastically in the last one year. The average export price increased to around Rs 150 per kg<br />

from Rs 116 per year last year. However, with the downward trend in the crude oil prices, they are<br />

expected to go down and stabilize. At present, the domestic market price is around Rs 110 per kg.<br />

Assuming the average price for 2007-08 as Rs 92.5 per kg, the HDPE tarpaulins market size is<br />

estimated as Rs 650 crore approx.<br />

The HDPE tarpaulins industry in India is expected to grow at around 10% per annum as cotton canvas<br />

tarpaulins will be replaced by HDPE tarpaulins. Hence, the industry size <strong>of</strong> the HDPE tarpaulins is<br />

expected to increase from 70,000 MT in 2007-08 to around 113,000 MT by 2012-13. An inflationary<br />

increase <strong>of</strong> 5% y-o-y has been assumed for the price <strong>of</strong> these tarpaulins due to their linkage with crude<br />

oil prices. Hence, in value terms, the market size <strong>of</strong> the HDPE tarpaulins industry in India is expected<br />

to increase from Rs 650 crore in 2007-08 to around 1,330 crore by 2012-13.<br />

The current and future forecast <strong>of</strong> HDPE Tarpaulin industry size is given below:-<br />

HDPE Tarpaulins industry 2007-08 2012-13<br />

HDPE Tarpaulins Quantity 70,000 MT 113,000 MT<br />

Rs 1,330<br />

HDPE Tarpaulins Value Rs 650 crore<br />

crore<br />

Source: <strong>Industry</strong> survey, IMaCS Analysis<br />

Key players – HDPE Tarpaulins<br />

Manufacturer Year Quantity (MT) Value Unit Price Installed<br />

(Rs crore)<br />

capacity<br />

Gujarat Raffia 2006-07 1,750 MT 16 Rs 92.6/kg 4440* MT<br />

Gujarat Craft 2006-07 73 MT 0.63 Rs 86.3/kg 1800* MT<br />

SRMTL 2007-08 0.14 85 million sq.<br />

ft. per month<br />

Binny 2006-07 0.09<br />

* It includes capacities for PE fabrics, sacks, tarpaulins etc.<br />

Source: Capitaline, Company Annual Reports<br />

Other players in the HDPE tarpaulin industry are Commercial SynBags Ltd., Tarpaulins India Tarp<br />

(P) Ltd., S K Enterprise, Texel Industries Ltd., Shreeji Plastic, Ranka International Limited, Gujarat<br />

Bulk Packs Limted etc. There are many other small players present who make tarpaulin in the<br />

unorganised sector.

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