Question

Why plastic industry is regarded as ‘sunrise’ industry?

Why is the plastic industry called a ‘sunrise’ industry?

Answer 1

The plastic industry is called a “sunrise” industry because of its versatility and the rapidly increasing global demand for plastic products. It plays a crucial role in modern life due to its useful properties such as moulding capacity, durability, resistance to corrosion and moisture, economic viability, and attractiveness. These features make plastic a material of choice in many applications, making the industry grow steadily and significantly hence being termed a “sunrise” industry.