5 Manufacturing Business Ideas for your Next Startup
- Lithium Ion Battery (Battery Assembly)
- PVC Edge Banding Tape Manufacturing Business
- Lithium Ion Battery Pack
- Malic Acid (Powder) Production Business
- Ascorbic Acid (Powder) from Sorbitol
If you’re looking to start a new business in the manufacturing industry, but aren’t sure what industry best suits your goals and current skill set, then you’ve come to the right place! After years of working as a business consultants, we have developed a strong sense of knowledge regarding which industries are hot right now, and why some are better than others. If you’re interested in learning more about how to determine which industries would be best for your startup, here we compiled 5 Manufacturing Business Ideas for your Next Startup.
Lithium-ion batteries are more expensive up front than other types of rechargeable cells, but they save money in the long run since they can be recharged multiple times before needing to be replaced. In fact, they have a longer life expectancy than other battery kinds. Lithium-ion batteries can be used as primary power sources for electronics and tools, as well as emergency backup power supplies, and even integrated into home solar or wind turbines.
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(1) Lithium-ion batteries are used in cameras and calculators.
(2) They’re found in cardiac pacemakers and other medical implants.
(3) They’re used in telecommunications, instrumentation, portable radios and televisions, and pagers.
(4) Laptop computers, cell phones, and aerospace applications all use them.
Related Feasibility Study Reports: Battery Projects, Automobile Batteries, Lead Acid Battery, Lithium Battery, Lithium-Ion (Li-Ion) Battery, Maintenance Free Rechargeable Battery, Battery Recycling, Battery Plate, Battery Separator
The India lithium-ion battery market is estimated to develop at a robust CAGR of 29.26 percent over the forecast period of 2018-2023. The Indian automobile sector is one of the country’s most vital, contributing for around 7% of the country’s GDP. In April-March 2017, the industry produced 25.31 million vehicles, including commercial, passenger, two- and three-wheeled vehicles, and commercial quadricycles, compared to 24.01 million in the same period last year.
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The Indian automobile sector is one of the country’s most vital, contributing for around 7% of the country’s GDP. In April-March 2017, the industry produced 25.31 million vehicles, including commercial, passenger, two- and three-wheeled vehicles, and commercial quadricycles, compared to 24.01 million in the same period last year.
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An edge band is a piece of trim that hides a finished or unfinished edge, such as on doors and windows. Both wood and metal-look edging can be replaced with a PVC edge band. It’s highly durable and has a lovely textured finish, giving your home a high-end aesthetic for a reasonable price. Some of the advantages of using PVC edge banding tape in your home are listed below. When Should You Use PVC Edge Banding Tape?
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Edge banding is useful for a number of tasks around the house, including: Damaged or missing door casing can be replaced with PVC edge banding. Any window mouldings that look to be cheap should be replaced. Replace the carpets at the base of the baseboards. Simple doors can be made to look more appealing. To acquire an expensive interior designer style, you don’t have to spend a lot of money. DIY tasks are a breeze when you use our all-purpose glue (Industrial Strength) for quick and permanent results.
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The India edge banding materials market is estimated to develop at an exceptional CAGR of 11% during the assessment period. More investments in India’s construction sector, a significant increase in the number of residential building projects, technical advancements, expanded inventiveness in the interior design arena, and increased R&D activities are all contributing to market growth.
In order to improve product quality and build a solid footing in the industry, leading players in the current India edge banding materials market are likely to focus on R&D initiatives. The edge banding materials market in India is expected to be valued more than US$ 140 million by 2030. The rapid rise of India’s residential construction sector is likely to increase furniture demand. This is expected to increase demand for edge banding materials in India over the forecast period.
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A lithium iron phosphate (LFP) battery is a type of lithium-ion battery that can charge and discharge at high rates when compared to other types of batteries. It’s a rechargeable battery with a LiFePO4 cathode, hence the name.
A variety of properties distinguish lithium iron phosphate batteries, including:
- Increased safety
- Higher power density
- Lower discharge rate
- Flat discharge curve
- Less heating
- More charge cycles
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Lithium iron phosphate batteries differ from other lithium-ion batteries in that they may deliver a constant voltage and have a longer charge cycle, ranging from 2000 to 3000 cycles. LFP batteries are both environmentally friendly and structurally sound. They have a low energy density and a low discharge rate. In comparison to other batteries, they don’t become hot readily and stay cool. Because the battery’s composition prevents thermal runaway, it’s considered safe for home use.
Related Feasibility Study Reports: Battery Projects, Automobile Batteries, Lead Acid Battery, Lithium Battery, Lithium-Ion (Li-Ion) Battery, Maintenance Free Rechargeable Battery, Battery Recycling, Battery Plate, Battery Separator
The lithium-ion battery market in India is expected to grow at a CAGR of 34.8 percent from 2019 to 2024. Factors like lowering lithium-ion battery prices and the emergence of new and exciting markets. Electric vehicles and energy storage systems (ESS) for commercial and residential applications are projected to propel the lithium-ion battery industry in India. The lack of major reserves needed for lithium-ion battery production is expected to pose a barrier to local production and the country’s lithium-ion battery market.
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Malic acid, also known as L-malic acid, is a dicarboxylic acid that occurs naturally. D-malic acid, which can be made as a racemic combination of DL-malic acid, is another optically active isomer. Because of its high abundance in apples, malic acid is sometimes referred to as “apple acid.” Humans, plants, and animals all create malic acid as part of their metabolic processes. Malic acid provides the carbon skeleton and energy required for amino acid synthesis in the Krebs and glyoxyl atecycles.
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Malic acid crystallises as white, translucent crystals from aqueous solutions that are anhydrous, non-hygroscopic (under normal conditions), and non-volatile, with a melting temperature of about 130°C. Its initial dissociation constant produces acidic characteristics that are strong enough in solution to provide a large hydrogen ion concentration while remaining mild enough to make an effective buffer solution.
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The global malic acid market is predicted to grow at a CAGR of 5.0 percent from 2020 to 2025, with a market size of USD 182.6 million in 2020. Over the projected period, rising demand from the food and beverage industry to enhance flavour through speciality ingredients is expected to fuel industrial growth.
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In the coming years, the market is expected to be driven by rising demand for nutritional bars and protein drinks, as well as a growing preference for healthier functional beverages with high nutrient flavours. Furthermore, the market is expected to benefit from support from other regulatory authorities such as the Food Safety and Standards Authority of India (FSSAI) and the European Food Safety Authority (EFSA) over the projected period.
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Vitamin C, or ascorbic acid, is an essential component that the body cannot make on its own and must get from outside sources in order to stay healthy. Because vitamin C has so many roles, getting enough of it every day can be challenging if you don’t know what it does or where to get it. Vitamin C aids in the formation of collagen, strengthens the immune system, aids wound healing, and reduces the risk of some malignancies by neutralising free radicals in the body.
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Indian gooseberry, citrus fruits such as limes, oranges, and lemons, tomatoes, potatoes, papaya, green and red peppers, kiwifruit, strawberries, and cantaloupes, green leafy vegetables such as broccoli, fortified cereals, and their juices are among the best sources of ascorbic acid. Vitamin C (ascorbic acid) is essential for both bodybuilding and illness prevention.
Related Feasibility Study Reports: Pharmaceutical, Drugs, Fine Chemicals, Bulk Drug Intermediates, Pharmaceutical Drugs, Pharma Drug Ingredients Intermediates, Drug Intermediates, Speciality Chemicals, Raw Materials, Fine and Specialty Chemicals Intermediates, Pharmaceutical Bulk Drugs
The antioxidant activity, the synthesis of protein, tendons, ligaments, and blood vessels, the healing of wounds and formation of scar tissue, the repair and maintenance of cartilage, bone, and teeth, and the helping in the absorption of iron are just a few of the tasks. Due to increased vitamin C manufacturing, increased investment in R&D activities to develop effective vitamin C supplements, rapidly growing food and beverage industry due to increased focus on functional foods and rapid urbanisation, changing lifestyle and increasing disposable income, and growing demand for vitamin C-enriched cosmetic products, the Asia Pacific market is expected to grow at a CAGR of 5.5 percent during the forecast period.
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