16 Projects with Most Profitable Opportunities for Startups
16 Projects with Most Profitable Opportunities for Startups. Profitable Manufacturing Business Ideas
Tin Containers
A tin container is a compact tin box designed for the storage and distribution of goods. This tin can is crafted out of a thin metal that can be anything ranging from iron to aluminium. Although not always, these small metal cans often feature a tin plating. They can be found in any form, size, and color. These packaging materials are mostly applied in the food and cosmetics industry.
Besides their dominant presence in the above-named industries, they are often used for personal storage purposes. Especially the older tins that have a nostalgic value can often be found in people’s living rooms or kitchens where they function as decoration. Still today, decorated tin boxes are being sold during the holiday season. These beautiful small tin containers with lids are a popular gift as they are often filled with chocolate or cookies. The smaller types of these decorated tins are often reused by people to store their personal items.
Air Cooler
The function of an air cooler is similar to that of an evaporator. An air cooler is a heat exchanger used to cool and/or dehumidify the air. Brine (water with glycol) is typically used as a coolant in air coolers or some other secondary coolant can be used. An air cooler can, for example, be copper or steel pipe onto which aluminium fins are fitted. The cooling medium flowing through the heat exchanger cools the aluminium fins, where heat is exchanged between the cooling medium and the air. The air that is to be cooled/dehumidified is forced over the aluminium fins by a fan. Air coolers are used for air conditioning in buildings, industrial air cooling processes, etc.
Air cooler market is anticipated to cross a market size of INR 9000 crore by 2021.The Indian cooling market is witnessing an increase in the use of green technologies. Market vendors are increasingly adopting green technologies to create energy-efficient and eco-friendly air cooling systems. The air-cooler market in India has witnessed rapid growth in recent times thanks to the country’s strong economic performance, rising household incomes and a favorable shift in consumer perceptions towards air-coolers. High and rising temperature levels are leading to greater demand for cooling solutions. In India, especially among the mid-income groups, there is a huge demand of air coolers.
Aerosol Spray [Rose Flavor Tube, Night Queen, Jasmin]
Aerosol spray is a type of dispensing system which creates an aerosol mist of liquid particles. This is used with a can or bottle that contains a payload and propellant under pressure. When the container’s valve is opened, the payload is forced out of a small hole and emerges as an aerosol or mist. As propellant expands to drive out the payload, only some propellant evaporates inside the can to maintain a constant pressure.
The global aerosol market size is expected to reach USD 123.98 billion by 2025. Increasing demand for aerosol products for packaging products such as insecticides and household cleaners is expected to emerge as the primary growth driver over the forecast period. The market is expected to be driven by the rising demand for aerosol based products. In addition, the industry is likely to exhibit high growth on account of demand for personal care products.
Acid Slurry (From Linear Alkyl Benzene)
Acid slurry or alkyl benzene sulphonate is prepared by sulphonation of Linear Slkyl Benzene (LAB) with a suitable sulphonating agent. Batch sulphonation with either diluted SO2 gas or concentrated sulphuric acid or a mixture of 20% oleum and 98% sulphuric acid or oleum alone. Linear alkyl benzene is the raw material used to manufacture linear alkyl benzene sulfonate (LABSA), an active ingredient in the formulation of detergents. LABSA eliminates dirt by its physicochemical mechanism and it is one of the surfactants most widely used in liquid cleaners and in powder. LABSA has been used formore than 45 years in the manufacture of detergents and it is known for its excellent quality/price ratio.
The global linear alkyl benzene (LAB) market is expected to register a CAGR of 3.15% during the forecast period, 2018 – 2023. Linear alkyl benzene, an organic compound, is an intermediary in the production of surfactants, which is mainly used in detergents. LAB removes oil and fatty soil absorbed into the fabric, textile or any other material. LAB is mostly used to manufacture LAS to produce detergents, house cleaners, fabric softeners, and soap bars. Linear alkyl benzene sulfonic acid (LABSA) is the largest-volume synthetic surfactant because of its relatively low cost, good performance. LAB is straight chained and can be dried to a stable powder, which are biodegradable. LAB is also required for the manufacturing of LABSA and linear alkyl benzene sulfonate (LAS), which comprises the largest global share in synthetic surfactant sector. About 83-87% of LAS is being used in household detergents, dishwashing liquids, laundry liquids, laundry powders, and other household cleaners. Heavy-duty laundry liquids are used for blankets, carpets, and bed-sheets while light-duty laundry liquids are used for regular clothes. Industrial, institutional, and commercial cleaners account for most of the other applications.
Automobile Radiators
Radiators are heat exchangers used for cooling internal combustion engines, mainly in automobiles but also in piston-engined aircraft, railway locomotives, motorcycles, stationary generating plant or any similar use of such an engine. Internal combustion engines are often cooled by circulating a liquid called engine coolant around the engine block, where it is heated, then through a radiator where it loses heat to the atmosphere, and then returned to the engine. Engine coolant is usually water-based, but may also be oil. It is common to employ a water pump to force the engine coolant to circulate, and also for an axial fan to force air through the radiator.
The global automotive radiator market is expected to reach an estimated $13.5 billion by 2022 and it is forecast to grow at a CAGR of 5.2% by value from 2017 to 2022. The major growth drivers of this market are increasing production of passenger cars and light commercial vehicles, increasing radiator aftermarket demands, and stringent government emission standard for fuel efficiency.
Nylon Polyester & Polypropylene Rope
Polyester ropes are almost as strong as nylon when dry. Polyester retains its strength when wet, and thus polyester ropes are generally stronger than nylon ropes when wet. Polypropylene is probably the most common material found in ropes used in the marine field. Polyester rope it’s only about 90% as strong as nylon in strength when a steady force is applied and does not absorb shock loads as well. It is also holds up as well against damage from most chemicals, rot, and mildew as nylon, but is superior in resistance to abrasion and sunlight, stretches far less.
Polypropylene rope is the most popular all-purpose rope for the average consumer. It is a high quality, light-weight rope that is affordable and very functional. It is high quality, strong for its weight, but it is not very UV, heat, or abrasion resistant. For this reason, it is generally not a good choice for long term applications where the rope would be exposed to sun or abrasion. Polypropylene rope is rot resistant and floats, making it very popular for water sports and markers.
Globally, increasing demand for synthetic ropes from marine & fishing and oil & gas industry is expected to drive the demand for synthetic ropes during the period of study. The global synthetic rope market is driven by the numerous benefits as compared to steel ropes such as synthetic rope are much lighter in weight, high tensile strength, flexibility and improved performance.
Mechanical Toys
Mechanical toys are toys powered by mechanical energy. Depending on the mechanism used they can perform a range of motions, from simple to very complex. Mechanical toys use several types of mechanisms, because Cam toys are powered by a very large cam and even bigger cam follower which transfers the cam rotation to the working area of the toy. The cam is unevenly rotated by placing the rotator out of the ideal center. This transforms the circular motion into motion that moves up and powers the toy.
The demand in the global smart toys market is expected to increment at a considerable CAGR, gaining traction from a number of factors such as advancements in artificial intelligence (AI) and the Internet of Things (IoT), changing lifestyle of urban population who have increased their disposable income but losing on time for parenting, and growing awareness regarding the benefits offered by these modern toys, both outdoor and indoor. Toys market is estimated to reach a net worth of US$1,619.6 mn by 2022. Japan smart toys market is expected to create absolute dollar opportunities of US$56.1 mn between 2017 and 2022.
Disposable Cigarette Gas Lighter
Cigarette lighters of the type using liquified gas such as butane for fuel, and more particularly to a lighter which may be thrown away after the, initial supply of fuel has been exhausted. The usual means of refilling a gas cigarette lighter is by use of a separate disposable tank or by what is called a refill system whereby liquified gas from a large supply container is allowed to flow into a reservoir contained within the lighter. Lighters of these types are relatively expensive since they must be made of exceptionally durable material since they are expected to work for years. As a result, the cost of the material going into such lighters is quite high. Attempts have been made heretofore to provide disposable non-refillable lighters of the gas type. However, as far as it is known, none of the so-called disposable lighters have been successful.
The global cigarette lighter market was worth US$ 6 Billion in 2017. The report further anticipates the market to cross US$ 7 Billion by 2023, at a projected CAGR of 2.5% over the forecast period.
Electrical Insulating Tape Using Bopp Film
These tapes are used in electrical insulation purpose, in packaging, sealing and a various other general uses. These tapes are also used for general labelling with printing.
Packaging in India is an Rs.11, 500 crores industry and growing at the rate of 18 percent annually. The global market for packaging is US $900 billion and India’s share is only US $3 billion, but while the per capita expenditure on packaging in the US is a whopping US $125, it is only $6.5 in India. Therefore, there is a huge potential for growth in the Indian packaging industry.
Ball Bearing Manufacturing
A ball bearing is a type of rolling-element bearing that uses balls to maintain the separation between the bearing races. The purpose of a ball bearing is to reduce rotational friction and support radial and axial loads. Ball bearings are rolling element bearings that use balls to separate the bearing races and provide smooth, low friction motion in rotary applications. Ball bearings are manufactured in hundreds of sizes, from the ultra-small 1.50 mm diameter bearing for use with miniaturized medical devices and micro-motors, to bearings over 15 feet in diameter for use in heavy equipment. Manufacturing process involving machining, heat treating, grinding, honing, lapping and assembly. Although there may be variations, the following process applies to the vast majority of standard ball bearings produced today.
The growth of the bearings industry is correlated to the growth of the automotive and industrial industries. Moreover, increase in production of commercial vehicles is one of the key drivers of the bearings industry. The global bearings market size was estimated at $78,779 million in 2014. It is estimated to be valued at $140,792 million in 2022, registering a CAGR of 7.5% during the forecast period.
Plaster of Paris Bandages
Plaster bandages are used in the medical sector, for manufacturing sterile plaster bandages, limb supports, medical prosthesis and hearing aids. In this domain, our plasters are chosen for their excellent quality and grade, and capacity to accurately reproduce limbs, both in shape and dimension. Bandages are manufactured through a process involves soaking a woven fibre material in a plaster solution, which is subsequently dried. Plaster bandages are fast and practical to use; soaked in water, the moistened bandage is applied to the limb, hardening rapidly, to form a resistant casting, which does not lose shape.
Aerosol Spray (Bagon Type) for Mosquito, Insects
Insecticides in aerosol form have become, since 1940, an important means of controlling insects. They were immediately adopted by the military forces to combat disease-carrying insects, such as the malaria and yellow-fever mosquitoes. Because of accelerated research and widespread use during the war period, the aerosol today is a household word and item. Aerosols are efficient when properly used because of the minimum of wastage.
Particles of an aerosol come in contact with an insect by settling on it through gravitational fall or by striking it through motion of the particles or the insect. When aerosols are used in confined spaces, such as a room, the contact is partly by the first method, and the time necessary for enough particles to accumulate on a resting insect to cause its death is related to the rate at which the particles settle.
The global household insecticides market is expected to increase at a CAGR of 7.9% over the forecast period to reach US$ 17,248.9 Mn by 2021.Household insecticides are manufactured in different forms and used for controlling various types of insects. Household insecticides formats used for controlling mosquitos and flies are aerosol/spray, electric, coils, others.
Laptop, Computers
A laptop, also called a notebook computer or just notebook, is a small, portable personal computer with a “clamshell” form factor, having, typically, a thin LCD or LED computer screen mounted on the inside of the upper lid of the “clamshell” and an alphanumeric keyboard on the inside of the lower lid. The “clamshell” is opened up to use the computer. Laptops are folded shut for transportation, and thus are suitable for mobile use. Its name comes from “lap”, as it was deemed to be placed for use on a person’s lap. Although originally there was a distinction between laptops and notebooks, the former being bigger and heavier than the latter, as of 2014, there is often no longer any difference. Laptops are commonly used in a variety of settings, such as at work, in education, in playing games, Internet surfing, for personal multimedia and general home computer use.
The global laptop market is expected to witness steady growth over the forecast period. The growth may be attributed to growing consumer demand coupled with increasing number of public projects especially in developing countries such as India and China. Increasing commercial demand for these devices may favorably impact product demand. In addition, the industry is poised for growth owing to decreasing laptop prices resulting in increasing adoption of these devices. Growing corporate sector and digitization of education in developing economies is also estimated to propel product demand over the next few years. The overall computer vision market is expected to be valued at USD 11.94 Billion in 2018 and is likely to reach USD 17.38 Billion by 2023, at a CAGR of 7.80% between 2018 and 2023.
Azo Dye Stuffs
Azo dyes are organic compounds bearing the functional group R−N=N−R′, in which R and R′ are usually aryl. They are a commercially important family of azo compounds, i.e. compounds containing the linkage C-N=N-C.Azo dyes are widely used to treat textiles, leather articles, and some foods. Chemically related to azo dyes are azo pigments, which are insoluble in water and other solvents.
In 2017, the global Azo Dyes Market size was XX million US$ and it is expected to reach XX million US$ by the end of 2025, with a CAGR of XX.X % between 2018 and 2025.The Azo Dyes Market is highly competitive due to the presence of well-established key vendors. The availability R&D facilities and investments by the market leaders ensure that product innovation is always given top priority. The vendors compete based on price, quality, branding, and customer service. Since there is little differentiation between the products offered in Azo Dyes Market, vendors are focusing on launching new technologies.
Ultramarine Blue
Ultramarine is a deep blue color and a pigment which was originally made by grinding lapis lazuli into a powder. The name comes from the Latin ultramarinus, literally “beyond the sea”, because the pigment was imported into Europe from mines in Afghanistan by Italian traders during the 14th and 15th centuries. Ultramarine was the finest and most expensive blue used by Renaissance painters. It was often used for the robes of the Virgin Mary, and symbolized holiness and humility.
Ultramarine Blue pigment for Master batch is non-wrapping and non-shrinking in nature. These pigments prove perfect for mater batch applications owing to their exceptional heat and light stability. This pigment is extensively utilized in applications that need improved appearance as regards brightness, surface smoothness, and transparency. This color master batch also offers better mechanical properties favored for manufacturing of thin pressure pipes, films, fibres, bottles, etc.
The global Ultramarine Blue market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Bakelite Electrical Accessories (Ws-5)
Bakelite is used as an adhesive compound, molding compound, and as a protective coating in major industrial applications. High resistance property of bakelite has enabled its usage in production of electrical components such as sockets, electron tubes and insulators. Increasing production of these products particularly in China and Korea is expected to drive bakelite demand in the aforementioned applications. High production of electrical components such as insulators, electron tubes, and sockets in emerging nations has promised a sturdy advancement for the international bakelite market. A countable number of industrial applications involve the employment of bakelite because of its protective coating feature and role of molding and adhesive compound. Besides this, its high resistance property has attracted more number of application.
Global bakelite market is anticipated to witness considerable growth over the next six years on account of increasing usage in major industrial applications electronics, power generation and aerospace. Bakelite is widely used in semi-conductors, wire insulations, brake pads, and other automotive components manufacturing owing to its heat resistant and electrical non-conductivity property. Bakelite contains fine insulation property, which led to its usage in electrical and electronics applications.
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