Blog

List of Business Ideas for Production of Petroleum and Petroleum Products. Oil & Gas Project Opportunities. Petrochemicals, Petroleum By-Products, Petrochemical Feedstocks.

Monday, February 19, 2018

facebook twitter Bookmark and Share

List of Business Ideas for Production of Petroleum and Petroleum Products. Oil & Gas Project Opportunities. Petrochemicals, Petroleum By-Products, Petrochemical Feedstocks.

Production of Greases, Lube Oil, Brake Fluid, Automotive & Industrial Lubricants, Gear Oils, Wax & Wax Products, Paraffin Wax, Polishes, Bitumen, Base Oil, Crude Oil, Fuel Oils, Lubricating Oils, Gear Oils, Kerosene

 

The petroleum industry in India is particularly favorable for foreign investment because the industry is one of the fastest growing segments, and it has shown a staggering growth rate of around 13% in the recent past. Apart from the tremendous growth rate in the Indian petroleum industry today, it also boasts technology of international standards, easy availability of infrastructure at very cheap rates, high demands for petroleum products, and increased spending habits of the middle-class people. All these factors make investments in the Indian petroleum industry an attractive proposition for foreign investors.

The foreign trade in petroleum and petroleum products in the recent past have registered significant growth. It has thus attracted new foreign investments. Some of the main petroleum products that are manufactured for trade with foreign countries are petroleum gases, gas oil, propane, distilled crude oil, naphtha, ethane, and kerosene.

The petroleum industry has contributed heavily to the manufacturing industry in the country through foreign trade in petroleum products. Rapid globalization, fast-changing technology, and the changing methods in the way business is conducted have brought significant changes and enormous opportunities for petroleum companies in India to flourish and expand their operation to global markets.

Another very important reason why the Indian petroleum industry is a good option for investment is that the future of the petroleum industry in India promises great potential for development. The fast economic growth of India and the various developmental activities taking place presents India with opportunities in the future to be a dominant player globally in the export of petroleum products.

Rapid economic growth is leading to greater outputs, which in turn is increasing the demand of oil for production and transportation. With rising income levels, demand for automobile is estimated to increase, in turn leading to augmented demand for oil and gas. In FY16, total crude oil imports were valued at US$ 64.4 billion as compared to US$ 112.7 billion in FY15. In FY14, imports accounted for more than 80 per cent of the country’s total oil demand.

The Future of Indian Petroleum Industry Depends on:

·         Demand for petroleum is growing in leaps and bounds

·         Shifting focus to more production of olefin - ethylene, propylene, butadiene,

·         Price and availability of crude oil and gas as feedstock would still be critical factors

·         The demand of the end products would affect the demand of the intermediary products

Consumption of Petroleum Products

Consumption of Petroleum Products

(In '000 Metric Tonne)

Product

2011-12

2012-13

2013-14 (P)

LPG

15350

15601

16336

SKO

8229

7502

7165

HSD

64750

69080

68369

MS

14992

15744

17128

Naphtha

11222

12289

11454

ATF

5536

5271

5505

LDO

415

399

386

Lubricants/Greases

2633

3196

2891

FO & LSHS

9307

7656

6193

Bitumen

4638

4676

4938

Petroleum Coke

6138

10135

11651

Others

4924

5509

6182

Total

148132

157057

158197

 

Petro Products

Demand : Past and Future

Year

(In Million Metric Tonne)

1990-91

55.04

2000-01

108.44

2001-02

110.50

2002-03

114.40

2003-04

122.37

2004-05

129.80

2005-06

136.30

2006-07

145.45

2007-08

151.45

2008-09

160.30

2009-10

170.20

2010-11

181.25

2011-12

192.65

2012-13

203.67

2013-14

206.11

2014-15

216.20

2015-16

230.00

2016-17

245.00

2017-18

260.50

2018-19

277.60

2019-20

295.50

2024-25

385.00

 

India is the fifth largest lubricant market globally in volume terms behind the US, China, Russia and Japan. India is a net base oil deficit market and many additives used in lubricants are mostly imported.

The lubricants usage can be divided in two key segments – Automotive and Industrial. The demand for automotive lubricants in India is driven by growth in vehicle population and the consumption of industrial lubricants is highly correlated with Index of Industrial Production (IIP). Automotive lubricants typically are higher margin products compared to industrial lubricants. Majority of automotive lubricants demand is derived from commercial vehicles (CVs) and tractors, largely dominated by diesel engines. Process oils are the biggest contributor within industrial lubes.

India automotive lubricants market is projected to reach $ 9.6 billion by 2022. Surging demand for automotive lubricants is anticipated on account of increasing sales of vehicles and growing consumer awareness regarding the use and advantages of engine oils and other lubricants. Additionally, rising trend of partnerships between original equipment manufacturers (OEMs) and lubricant manufacturing companies is expected to augment demand for automotive lubricants in India over the next five years.

Lubricants

Demand : Past and Future

Year

(In Million Metric Tonne)

1990-91

0.89

2000-01

1.14

2001-02

1.20

2002-03

1.25

2003-04

1.29

2004-05

1.33

2005-06

1.37

2006-07

1.42

2007-08

1.47

2008-09

1.52

2009-10

2.54

2010-11

2.43

2011-12

2.63

2012-13

3.20

2013-14

2.89

2014-15

2.92

2015-16

3.13

2016-17

3.36

2017-18

3.60

2018-19

3.86

2019-20

4.14

2024-25

5.69

 

Automotive is the largest and fastest-growing end-use industry for grease. The passenger vehicles and commercial vehicles are driving the demand for high performance grease in the automotive industry. In the automotive industry, grease is extensively used in various auto parts such as wheel bearings, universal joints, suspensions, gears, switches, and connectors because of their excellent properties such as mechanical stability, temperature tolerance, water resistance, and anti-oxidants. The need for high performance grease is rising in the increasing manufacturing of machines and equipment for end-use industries.

Industrial greases market trails the GDP due to their widespread application in manufacturing of goods and automotive maintenance operations. Due to the surge in manufacturing in Asia Pacific, the industrial greases market in the region is estimated to witness growth, expanding at a CAGR of 6.3% between 2015 and 2021 in terms of revenue. With the anticipated increase in manufacturing in China in the coming years, the demand for industrial greases in the country is expected to rise between 2015 and 2021. With the rising operating time of machines and greater speed of operations, the need for industrial greases is expected to increase by 2021. Besides, with increase in mechanization of manufacturing activities in developed regions such as North America and Europe, demand for industrial greases is anticipated to increase in these markets.

Here are few Projects for Startup:

LUBE OIL

The Indian lube market is today a consumer’s delight with more than 30 players in the organized sector, not to mention the numerous small medium scale and unbranded operators. The lube market is divided into two major sectors automotive for 65% and industrial, which account for 35% last few months, the lubricant industry should also grow in line with the economy. Read more

NAPHTHA BASE SOLVENT

There are various solvents which are present in naphtha. The most commonly available solvents which can be extracted from naphtha are petroleum ether, benzene, ligroin, xylene and solvent naphtha. These are generally classified according to their boiling range through specific distillation process. Read more

WASHABLE KNITTING LUBRICATING OIL

Lubricating oil is generally used to reduce wear of one or both surfaces in close proximity, and moving relative to each another, by interposing a substance called lubricant. The base ingredients in most lubricating oils are hydrocarbon components made from crude oil. Read more

LUBE OIL BLENDING BASED ON IMPORTED BASE OIL

Lube oil is a substance (often a liquid) introduced between two moving surfaces to reduce the friction between them, improving efficiency and reducing wear. They may also have the function of dissolving or transporting foreign particles and of distributing heat. Lubricants today are classified into two major groups: Automotive lubricants and Industrial lubricants. Read more

COAL TAR PITCH DISTILLATION

Coal tar is a brown or black liquid of high viscosity, which smells of naphthalene and aromatic hydro carbons. Coal tar is among the byproducts when coal is carbonized to make coke or gasified to make coal gas. Coal tars are complex and variable mixtures of phenols, polycyclic aromatic hydro carbons, and metro cyclic compounds, about 200 substances in all. Read more

BLENDING OF LUBE OIL FROM MINERAL BASE OIL

A lubricant is a substance introduced to reduce friction between moving surfaces. It may also have the function of transporting foreign particles. The property of reducing friction is known as lubricity. One of the single largest applications for lubricants, in the form of motor oil, is protecting the internal combustion engines in motor vehicles and powered equipment. Read more

BRAKE FLUIDS

Silicone is the material on which some fluids are based. Usually, a non-mineral type oil is used in hydraulic brake equipments. It has applications in industrial automotive and crane equipment. It is used as friction liquid for power transformer. Castor India has very large production and marketing facilities for lube oil. Read more

GAS FILLING OF LPG CYLINDER

Bulk petroleum and hydrocarbons generally are most commonly stored in cylindrical tanks of welded steel. For quantities upto about 250 nos. the cylindrical tanks may be carried horizontally to variations in temperatures. L.P.G. is used mainly for cooking purposes in India. Read more

VACUUM DISTILLATION OF CRUDE COAL TAR SPECIFICALLY CREOSOTE OIL

For vacuum distillation of crude coal tar, the crude coal tar is produced from coke ovens of steel plant, 50% of this crude coal tar is pitch. The crude coal tar is then taken to vacuum distillation columns for fractionating into various components. Coal tar is produced by the dry distillation of coal and is therefore a byproduct in the manufacture of coal gas. Read more

TRANSFORMER OIL

These are mineral oils and are used to dissipate the heat generated in electric transformers, switches, circuit breakers and motor starters etc. They also act as electrical insulators. As transformers consume maximum amount of such oils, most of these are also called Transformer Oil. This oil can also be used as electrical cable oils. Read more

LUBE OIL BLENDING PLANT (ENGINE OIL, GEAR OIL & GREASE)

A lubricant is a substance (often a liquid) introduced between two moving surfaces to reduce the friction between them, improving efficiency and reducing wear. They may also have the function of dissolving or transporting foreign particles and of distributing heat. Engine Oil is a semi-synthetic high performance lubricant. Read more

WHITE OIL FROM KEROSENE OIL

Deeply refined pale yellow oils are called white oil. In 1934 the white oil manufacturers association (WOMA) divided the white oils in three viscosity grades. The oils of first category are used in the processing of foods, which must not contain more than 0.1-0.6% of the oil. Read more

RECLAMATION OF USED ENGINE OIL

Engine oil becomes contaminated with foreign material in service. In circulating systems, where a substantial quantity of oil is involved, it is desirable to maintain it as clean as possible to provide maximum working efficiency and to keep wear and damage of lubricated parts to a minimum. Read more

HEAVY LIQUID PARAFFIN

Heavy liquid paraffin by virtue of its versatile use in pharmaceuticals and medical practice etc. The paraffin hydrocarbons are usually obtained simply by physical separation from hydrocarbon mixtures since they are stable compounds and exist in vast quantities in naturally occuring oil and gas deposits. Read more

BITUMEN

It is non crystalline solid or viscous material having adhesive properties, which is completely soluble in carbon disulfide. It is generally brown or black in colour, electrical resistance, solubility or resistance to solvent action and resistance to oxidation under various conditions. It is derived from petroleum either by natural or refinery processes. Read more

LIQUID SHOE POLISH

Polishes usually contain several kind of natural and synthetic waxes, paraffin waxes, resins, solvents, auxiliary agents and water. As well as the requirements of the consumer, cost of the components is an important factor in the formulations. Read more

PETROLEUM COKE

It is dark solid form of carbon, produced from the thermal decomposition and polymerization of heavy liquid hydrocarbons that are derived from crude oil. It is stable, non-reactive under normal condition and does not polymerize. It is mainly used in metal production and as a fuel. Read more

CRUDE OIL REFINING (REFINERY)

The American petroleum industry had its inception when the now famous drake well was drilled in the year 1859. The ratio of proven reserves to production in the US in 1957 stood at 11.9 to 1. The ratio does not indicate that there are only twelve and one half years to go before the US reserves are exhausted. Read more

RE-REFINING OF ENGINE OIL, TRANSFORMER OIL & HYDRAULIC OIL

Engine oil, Transformer oil and hydraulic oil all are special grade petroleum oils, which had different specific gravity and viscosity. When these special grade oils are used, 60% of the oil is used in the engine, transformer and hydraulic oil and rest 40% of the oil is unused which can be further reused by purification.Read more

WAX FROM SLACK WAX

Petroleum waxes are broadly defined as the waxes naturally present in the various fractions of crude petroleum. After separation from lubricating oils, wax constitutes a valuable products with special characteristics for a number of important uses. Petroleum wax, like other petroleum derivatives, is essentially a mixture of hydrocarbons. Read more

POLYETHYLENE WAX

Polyethylene waxes can be made in two main grades, emulsifiable and non-emulsifiable waxes. Polyethylene wax has excellent stability against polishing, scratch resistance, metal resistance etc. This is being import from different countries. Read more

REFINING OF USED ENGINE OILS FOR MAKING BASE OIL

There is availability of large amount of burnt engine oil and almost 40 % of this oil remains unburnt in the total available burnt oil. It can be used as secondary oil by treating it. Certain series of specific treatment is available which is necessary for manufacturing base oil from used engine oil. Read more

WASTE OIL RECYCLING

Lubricating oils are widely used in industries to reduce friction and wear by interposing a thin film of oil between metallic surfaces. During normal use, impurities such as water, salt, dirt, metal scrapings, broken down additive components, varnish and other materials can get mixed in with the oil or be generated in it due to thermal degradation or oxidation. Read more

CALCINED COKE (BY USING HORIZONTAL KILN)

Petroleum coke is a dark form of carbon, produced from the thermal decomposition and polymerization of heavy liquid hydrocarbons that are derived from crude oil. Petroleum coke is employed for number of purposes, but its main industrial use is in the manufacture of carbon electrodes for the refining of aluminium. Read more

WIRE DRAWING LUBRICANT

The wire drawing lubricant is a special type of product in the field of lubricant. Wire drawing lubrication is an extremely complicated, often poorly understood subject. Whatever the chemical complexity of wire and rod drawing lubrication some rather definite physical behaviour can be cited. At one extreme, the absence of lubrication of the die. Read more

SILICONE GREASE & LUBRICANTS

In the modern industrial era grease have been increasingly employed to coke with a variety if difficult lubrication problems, particularly those where the liquid lubricant is not feasible. Over the last several decades, grease making technology throughout the world has undergone rapid change to meet the growing demands of the sophisticated industrial environment. Read more

COOLANT, BRAKE OIL, PACKING OF LUBRICANT OIL & GREASES

The vehicle owners should only use the minimum amount of ethylene glycol used based antifreeze to protect the system. The higher concentrate of antifreeze, the less heat the coolant will observe glycol concentration of 60% will obserb up less heat as well pure water coolant. Read more

WAX CRAYON

The wax crayons are used for outlining and shading by the artist for drawing. Two types of crayons are produced in India chalk crayons and marking crayons. The raw materials used for chalk crayons are gypsum, calcium carbonate and pigments. Calcium gypsum steatite & compound of magnesium, bismuth and lead are occasionally used as base. Read more

PETROLEUM JELLY

Petroleum jelly or petrolatum was discovered as a paraffin-like material coating oil rigs. Since then, it has been used in various ointments and as a lubricant. Petroleum jelly is mixture of mineral waxes and oils that together lock moisture in skin, moisturizing it to repair and relieve dryness. Read more

PE WAX EMULSION

Waxes are among the oldest worked materials used by humans. Their value as versatile construction materials ("man's first plastic") was discovered very early. Today, waxes are used mostly as additives and active substances. The use of waxes is expected to increase in the future because of their generally favourable toxicological and ecological properties. Read more

PETROLEUM DISTILLATION PLANT (OIL DISTILLATION REFINERY PLANT)

Petroleum, oily, flammable liquid that occurs naturally in deposits, usually beneath the surface of the earth; it is also called crude oil. It consists principally of a mixture of hydrocarbons, with traces of various nitrogenous and sulfurous compounds. Read more

GREASE MANUFACTURING UNIT (CALCIUM, LITHIUM & SODIUM)

Grease is nothing but one of the largely used semisolid lubricants. Its property varied depending upon its constituents. For the manufacturing of greases plant, machinery and raw materials are easily available in India. There are number of manufacturers in organized and unorganized sectors engaged in grease manufacturing. Read more

BATCHING PLANT FOR ASPHALT

Asphalt is a humid, black and extremely thick liquid or semi-solid that exists in most crude petroleum and also in a few natural deposits. Asphalt concrete is an important composite substance that is used for the construction of roads. Asphalt is utilized as a binder or glue for the aggregate elements. Read more

ZERO QI PITCH FOR GRAPHITE

The manufacture of standard commercial graphite as generally practiced in industry differs greatly from that of metals since graphite has no distinct melting point at reasonable pressures, and the usual methods of forming such as casting in industry is manufactured from carbon base material, rather than mined as the natural substance. Read more

 

See more

https://goo.gl/YZjFnU

https://goo.gl/oN41ge

https://goo.gl/DHt3bV

https://goo.gl/B22nrp

 

Contact us:

Niir Project Consultancy Services

An ISO 9001:2015 Company

106-E, Kamla Nagar, Opp. Spark Mall,

New Delhi-110007, India.

Email: [email protected]  , [email protected]

Tel: +91-11-23843955, 23845654, 23845886, 8800733955

Mobile: +91-9811043595

Website: www.entrepreneurindia.co  , www.niir.org

 

Tags

Petroleum Production, Extraction of Petroleum, Production of Petroleum Products, Petroleum Production Process, Production of Crude Oil and Petroleum Products, Petroleum Refining, Petroleum Crude Production, Production of Oil and Petroleum Products,List of Petroleum Products, Petroleum in India, Crude Oil Production, Petroleum Products Manufacturing Unit, Refined Oil Products Production, Manufacture of Coke and Refined Petroleum Products, Refined Petroleum Products, Petroleum Production in India, Petroleum Fuels Manufacturing Plant, Crude Petroleum and Petroleum Products, Petroleum Refining Process, Industrial Lubricants, How Lubricating Oil is Made? Uses of Lubricants Oil, Applications of Lubricants Pdf, Lubricating Oil Manufacturing Process, Lube Oil Blending Process, Lube Oil Blending Plant, How is Lubricating Grease Made? Grease Plant, Grease Making Plant, Grease Manufacturing Plant, Grease Manufacturing Process, Production of Lube Oil, Naphtha Base Solvent Production, Manufacturing of Washable Knitting Lubricating Oil, Lube Oil Blending Based on Imported Base Oil, Production of Zero Qi Pitch for Graphite, Coal Tar Pitch Distillation, Blending Of Lube Oil from Mineral Base Oil, Brake Fluids Production Plant, Vacuum Distillation of Crude Coal Tar Specifically Creosote Oil, Transformer Oil Manufacturing Plant, Lube Oil Blending Plant (Engine Oil, Gear Oil & Grease), Production of White Oil from Kerosene Oil, Reclamation of used Engine Oil, Heavy Liquid Paraffin Manufacture, Production of Bitumen, Liquid Shoe Polish Manufacturing Unit, Fuel Bricks from Ground Nuts, Soyabean Hulls and Jute, Production of Petroleum Coke, Crude Oil Refining (Refinery) Manufacturing Process, Re-Refining of Engine Oil, Transformer Oil & Hydraulic Oil, Wax from Slack Wax, Polyethylene Wax Production, Waste Oil Recycling, Refining of used Engine Oils for Making Base Oil, Calcined Coke (By Using Horizontal Kiln) Production, Wire Drawing Lubricant, Production of Silicone Grease & Lubricants, Manufacturing of Coolant, Brake Oil, Packing of Lubricant Oil & Greases, Production of Wax Crayon, Production of Petroleum Jelly, PE Wax Emulsion Manufacturing Plant, Petroleum Distillation Plant (Oil Distillation Refinery Plant), Grease Manufacturing Unit (Calcium, Lithium & Sodium), Batching Plant for Asphalt, PE Wax Emulsion Manufacturing project ideas, Projects on Small Scale Industries, Small scale industries projects ideas, PE Wax Emulsion Manufacturing Based Small Scale Industries Projects, Project profile on small scale industries, How to Start Naphtha Base Solvent Production Industry in India, PE Wax Emulsion Manufacturing Projects, New project profile on PE Wax Emulsion Manufacturing industries, Project Report on PE Wax Emulsion Manufacturing Industry, Detailed Project Report on Naphtha Base Solvent Production, Project Report on Lube Oil Blending Plant, Pre-Investment Feasibility Study on Lube Oil Blending Plant, Techno-Economic feasibility study on Waste Oil Recycling, Feasibility report on Waste Oil Recycling, Free Project Profile on Waste Oil Recycling, Project profile on Lube Oil Blending Plant, Download free project profile on Lube Oil Blending Plant, Industrial Project Report, Lucrative Oil and Gas Business Ideas and Opportunities


blog comments powered by Disqus



About NIIR

Hide ^

NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report, Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Section of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

^ Top

Products & Services

Others

Contact Us

My Account

Help

Payment Options

  • Credit Cards
  • Debit Cards
  • PayPal
  • Net Banking - (All Major Indian Banks)

We Process

  • Cards

Google Search


Search Blog