Business Ideas and Investment Opportunities
Manufacturing of Red Oxide Primer, Curcumin Extraction Unit, Ethanol, Red Iron Oxide, Sodium Chlorite Liquid from Powder, Bamboo Fabric, Tungsten Carbide Rod, Soyabean Products.
Manufacturing business has always been a lucrative field for the people globally. Initially it demands reasonable investment but once it is established it fetches heavy consistent profits. However selecting a good manufacturing business idea is key for the success of the business. There are various manufacturing business ideas across the world where one can start. Best startup business ideas means a lot to your startup business growth. People today follow their dreams and choose their passion over money. They are always in search of best startup business ideas which can feed their passion.
Best startup business ideas means a lot to your startup business growth. People today follow their dreams and choose their passion over money. They are always in search of best startup business ideas which can feed their passion. Product manufacturing is an evergreen business globally. And this is one of the most lucrative sector revenue-wise. Here we put a list of few most profitable manufacturing Businesses you can start on your own.
Market Research: – Market Research Report
Soyabean Products (Soya Milk, Soya Paneer & Soya Extract)
Soyabean is one of the most important agro based product, which has commercial value after that rice, wheat, maize etc. Soya bean generally cultivated in the tempered region with water availability. Soya beans have been used for human nutrition for more than 5000 years. Today, soya bean is an important source of protein and oil in human nutrition, especially in Asia. In other parts of the world, soy based foods are consumed merely due to its healthy image. Several health benefits have been found in soy proteins e.g.
- Cardiovascular health
- Bone Health
- Menopausal symptoms
- Cancers
- Cognition Glycemic Index
- Weight loss/control
The global soybean market reached a volume of almost 347 million metric tons between 2018 and 2019. The market is further expected to grow at a CAGR of 22 within the forecast period of 2020-2025 to succeed in a volume of 373 million metric tons by 2025. The worldwide soybean market supported production is led by the United States, accounting for about 35% share of the worldwide output. The country is followed by Brazil, China, Argentina, and India because the largest producers of soybean. The soybean market in India is expected to witness a healthy growth within the coming years. The growing awareness on benefits of soy milk in dessert and beverage is anticipated to positively affect the worldwide market. The availability of various flavours to enhance the taste of soy milk is projected to further drive the demand for this market among adults and kids.
Tungsten carbide (WC) is an inorganic chemical compound containing equal parts of tungsten and carbon atoms. In its most elementary form, it’s a fine gray powder, but it are often pressed and formed into shapes to be used in industrial machinery, tools, abrasives, as well as. Tungsten carbide is approximately three times stiffer than steel, and is far denser than steel or titanium. It comparable corundum in hardness and may only be polished and finished with abrasives of superior hardness like silicon carbide, cubic boron nitride.
Tungsten Carbide Hard Metals are primarily produced using a powder metallurgy process, whereby the powdered varieties of tungsten carbide and cobalt are mixed using ball mills, a binder material is added to carry the powders together during the next stage of the method which is compaction or pressing During the compaction processes, hydraulic presses or isotactic presses are used to compact the powders into a shape which approximates the planning of the finished product. The chemical formula for Tungsten Carbide is WC. Tungsten carbide rods are manufactured without holes, with one straight hole, with double straight holes, with 30-degree spiral holes etc. The tungsten carbide rods polished or blank are used as solid drilling tools. They are available with a diameter from 0.3mm to diameter 40.mm with lengths from 10mm to 1000mm and that they are either grounded or ungrounded. The applications of those rods include as drill bits, end mills and reamers. They are available within the straight or twisted and are available in standard lengths of 310 and 330 mm.
In India, investments of USD 31,650 billion has been proposed by 99 cities under their smart cities plan. 100 smart cities and 500 cities are likely to invite investments worth INR 2 trillion in the next 5 years. Housing for All” program, launched in June 2015 aims to build 20 million urban homes and 30 million rural houses by 2022. Around 60 million new homes are expected to be built in India “between” 2018-2024. Thus, the growing manufacturing activities are instrumental for the growth of cemented carbide which in turn, boosting the market for tungsten carbide during the forecast period.
Bamboo fabric is similar to the softness of silk. Since the fibres are without chemical treatment, they’re naturally smoother and rounder with no sharp spurs to irritate the skin, making bamboo fabric hypoallergenic and excellent for those that experience allergic reactions to other natural fibres such as wool or hemp. Thereon same note, bamboo is additionally antibacterial and anti-fungal. This is often because bamboo possesses an anti-bacteria and bacteriostatic bio-agent called “Bamboo Kun”, allowing it to naturally flourish and grow within the wild without the utilization of pesticides or fertilizers. This beneficial quality of the plant remains in its textile form, killing all bacteria keeping the wearer feeling fresher and odour free for extended, making the garment healthier and more hygienic.
As bamboo fabric is gaining popularity in the fashion industry, there will naturally be an increase in growth and demand for more bamboo plants. This could ultimately lead to an increased amount of photosynthesis and result in another alternative to combating greenhouse gases. India’s textiles sector is one of the oldest industries in Indian economy dating back several centuries. India’s textile and apparel exports stood at US$ 38.70 billion in FY19 and is expected to increase to US$ 82.00 billion by 2021 from US$ 22.95 billion in FY20 (up to November 2019).
The Government of India announced a Special Package to boost exports by US$ 31 billion, create one crore job opportunity and attract investments worth Rs 80,000 crore (US$ 11.93 billion) during 2018-2020. As of August 2018, it generated additional investments worth Rs 25,345 crore (US$ 3.78 billion) and exports worth Rs 57.28 billion (US$ 854.42 million). The Government of India has taken several measures including Amended Technology Up-gradation Fund Scheme (A-TUFS), scheme is estimated to create employment for 35 lakh people and enable investments worth Rs 95,000 crore (US$ 14.17 billion) by 2022.
Sodium Chlorite Liquid from Powder (31% Liquid NaClO2)
Sodium chlorite (NaClO2) is a chemical compound used in the manufacturing of paper and as a disinfectant. Sodium chlorite, NaClO2, sometimes in combination with zinc chloride, also finds application as a component in therapeutic rinses, mouthwashes, toothpastes and gels, mouth sprays, as preservative in eye drops, and in contact lens cleaning solution under the trade name Purite. It is also used for sanitizing air ducts and HVAC/R systems and animal containment areas (walls, floors, and other surfaces).
Sodium chlorite may be a white colored, odorless powder which is used within the production of chlorine dioxide. Chlorine dioxide is used in bleaching papers, textiles, pulps and it finds use in purification of water. Sodium chlorite is water soluble and slightly soluble in methanol and ethanol. The water purification systems in industries, hospitals, city municipal bodies make extensive use of sodium chlorite. Chlorine dioxide produced from sodium chlorite is FDA approved for water disinfection purposes. Anhydrous variety of sodium chlorite is used commercially, because it isn’t hygroscopic and doesn’t cake during storage. Acidified sodium chlorite is employed widely as an anti-microbial agent in hospitals and therefore the food industry.
Sodium chlorite is used for on-site production of chlorine dioxide, which is further used as a bleaching agent in paper and straw production. Furthermore, rising demand for the product in paper recycling process is likely to propel growth. The chemical finds application within the food & beverage, pesticides, electronics, and metal processing industries. In food & beverage industry it’s used as bleaching, and antimicrobial agent. However, stringent regulations associated with the quantities of the chemical utilized in food items, due to its toxic nature are expected to hamper product demand.
The global sodium chlorate market reached a volume of 4.3 Million Tons in 2019, registering a CAGR of 4.2% during 2014-2019. The market is further projected to reach a volume of around 5.1 Million Tons by 2025, exhibiting a CAGR of 2.9% during 2020-2025. Sodium chlorate (NaClO3) is an inorganic chemical compound manufactured by the electrolysis of brine (NaCl). A powerful oxidizing agent, sodium chlorate is an odorless, pale-yellow crystalline solid and readily dissolves in water. It is inflammable in nature in pure form and acts as an extreme combustion accelerant in the presence of flammable materials during decomposition. Currently, sodium chlorate is widely used in the preparation of chlorine dioxide which is employed as a bleaching agent in the manufacturing of bleached pulp.
Red Iron Oxide (With Mining of Mineral Ore Along with Processing and Beneficiation)
Iron (III) oxide or ferric oxide is that the inorganic compound with the formula Fe2O3. it’s one in every of the three main oxides of iron, the opposite two being iron (II) oxide (FeO), which is rare; and iron (II,III) oxide (Fe3O4), which also occurs naturally because the mineral magnetite. Because the mineral known as hematite, Fe2O3 is that the main source of iron for the industry. Fe2O3 is quickly attacked by acids. Iron (III) oxide is usually called rust, and to some extent this label is useful, because rust shares several properties and features a similar composition. To a chemist, rust is considered an ill-defined material, described as hydrated ferric oxide.
The most common inorganic pigment is red iron oxide. World production of iron oxide pigments is about 600 thousand tons per year and greatly exceeds the production of other color pigments, with the best demand is for red iron oxide pigments, slightly below demand for the yellow iron oxide pigments.
Production of red iron pigment from iron ores is promising and can meet the demand for top quality and inexpensive pigment. The raw material for the production of a pigment may be a paint grade ore. The most task of obtaining the pigment is removed from raw materials coarse mafic minerals. Designed waste less flow chart for separation of ore in two qualities – paint grade quality (pigment) and metallurgical grade. The technology includes accumulation paint grade ore, crushing, screening, and then fine grinding during a ball mill, magnetic separation and multi-stage classification in hydro-cyclones. After this, the cyclone overflow is thickened, filtered on a press filter, dried and sent to storage bin for subsequent shipment to the customer. The resulting pigment is suitable for use within the paint industry.
Iron & steel is the driving force behind industrial development in any country. The vitality of the Iron & Steel Industry largely influences a country’s economic status. The mining of iron ore, an essential raw material for Iron & Steel Industry, is arguably of prime importance among all mining activities undertaken by any country. With the total resources of over 33.276 billion tonnes of hematite (Fe2O3) and magnetite (Fe3O4), India is amongst the leading producers of iron ore in the world. The market for iron oxide pigments is expected to grow at a CAGR of about 4% globally during the forecast period. An increase in demand from paints and coatings is driving the market. On the flip side, fluctuations in prices of raw materials and stringent environmental regulations are hindering the growth of the market.
Iron Oxide Pigments comprises iron and oxides and may be produced from both natural and synthetic sources. Naturally, Iron Oxide Pigments are derived from hematite (red iron oxide mineral), limonites (yellow or brown minerals) like others, siennas& umbers, and magnetite (black iron oxide). Synthetic Iron Oxide Pigments are produced from basic chemicals by three processing methods which includes precipitation of iron salts, thermal decomposition of iron salts, and reduction of organic compounds by iron. The merchandise finds use in numerous applications including construction, paints & coatings, plastics, paper, pharmaceuticals, and cosmetics among others. The Indian government has allocated USD 63 billion for the infrastructure sector in 2019-20 and is planning to spend USD 1.4 trillion over successive five years. The development of smart cities and other schemes like “housing for all” are expected to extend the demand for paints and coatings.
Ethanol from Broken Rice, Maize & Wheat
Ethanol may be a clear, colorless liquid with a characteristic, agreeable odor. In dilute aqueous solution, it’s a somewhat sweet flavor, but in additional concentrated solutions it has a burning taste. Ethanol, CH3CH2OH, is an alcohol, a group of chemical compounds whose molecules contain a hydroxyl group, -OH, bonded to a carbon atom. Ethanol melts at -114.1°C, boils at 78.5°C, and features a density of 0.789 g/mL at 20°C. Its low freezing point has made it useful because the fluid in thermometers for temperatures below -40°C, the freezing point of mercury, and for other low-temperature purposes, such as for antifreeze in automobile radiators.
Ethanol, also referred to as ethyl alcohol, drinking alcohol or ethyl alcohol, may be a flammable, colorless, mildly toxic chemical compound, and is best referred to as the alcohol found in alcoholic beverages. In common usage, it’s often mentioned simply as alcohol. Its molecular formula is variously represented as EtOH, CH3CH2OH and C2H5OH or as its formula C2H6O (which it shares with diethyl ether).
India ethanol market is projected to grow from $ 2.50 billion in 2018 to $ 7.38 billion by 2024, exhibiting a CAGR of 14.50% during 2019-2024, on the back of increasing ethanol use in applications such as fuel additives and beverages. Ethanol is a prominent alcoholic beverage, mainly found in beer, cider, wine, spirits and ale. Indian government is trying to reduce its dependence on imported crude oil and incentivizing Indian sugar manufacturers to produce ethanol for Oil Marketing Companies (OMCs). It is expected that ethanol production will increase by three to five folds in the future in order to meet the demand for its 20% Fuel Blending Program (FBP). Factors such as increasing alcohol consumption and changing lifestyle along with growing influence of the western culture are likely to drive the demand for ethanol in the country.
Ethanol production in India is expected to reach a record 3 billion liters this year, up 11 percent from 2018. Last year, approximately 2.7 billion liters of ethanol was produced from molasses. The global industrial ethanol market demand reached a volume of almost 116.9 billion liters in 2019. The demand is further expected to grow at a CAGR of 2.5% in the forecast period of 2020-2025 to reach a volume of almost 135.5 billion liters by 2025. From the total ethanol consumption, the non-fuel applications like chemicals, pharmaceutical, plastic, and beverage industries, which also include cosmetics, paints, cleaning products, and alcoholic drinks, contribute about 13-15% of the total applications. While fuel applications are the leading application segment for ethanol, industrial applications account for 7% of the total uses of the product. The Asia Pacific is the leading the industrial ethanol market, as it is the largest producer as well as the consumer of industrial-grade ethanol. The market is being driven by the rising demand for acetic acid from the paints, inks, and coatings sector, especially from countries like South Korea and China.
Red oxide primer may be a specially formulated coating used as a base coat for ferrous metals. Red-oxide primer serves an identical purpose to interior wall primers therein it prepares metal for a topcoat, but it also gives iron and steel surfaces a layer of protection. A primer consists of Red Oxide, solvents, resins, and various additives. The pigments give the primer color; solvents make it easier to apply; resins help it dry; and additives function everything from fillers to anti fungicidal agents. Primer may be a term won’t to describe variety of substances that consist of a Red Oxide suspended during a liquid or paste vehicle such as oil or water. With a brush, a roller, or a spray gun, primer is applied during a thin coat to various surfaces such as wood, metal, or stone. Although it’s primary purpose is to protect the surface to which it’s applied.
A primer may be a preparatory coating placed on materials before painting. Priming ensures better adhesion of paint to the surface, increases paint durability, and provides additional protection for the material being painted. The worldwide pigments market will generate $34.2 billion through 2020, consistent with Ceresana, a world market research and consultancy firm. Organic further as inorganic pigments are expected to ascertain significant growth, as they are intrinsically linked to the growth of the development industry. While global textile production accounted for more than half the world’s dye and pigment demand in 2014, paint and coatings applications are the fastest rising segment because of North American and Asian construction activity.
The global pigments market will generate $34.2 billion through 2020, according to Ceresana, an international market research and consultancy firm. Organic as well as inorganic pigments are expected to see significant growth, as they are intrinsically linked to the growth of the construction industry. While global textile production accounted for more than half of the world’s dye and pigment demand in 2014, paint and coatings applications are the fastest rising segment thanks to North American and Asian construction activity.
Demand is also driven by the manufacturing of printing inks and papers. “This region will continue to be the growth motor of the pigments industry, as China and India in particular are substantially increasing demand for pigments. Eastern Europe, the center East and South America will see demand rise by more than 3% p.a. each as well and thus contribute to the positive development of the pigment industry,” the report states. “The rather saturated markets in Western Europe and North America will slowly return onto a growth path after they suffered losses within the past few years.” There are significant regional differences in demand for individual products.
Curcumin is that the main biologically active phytochemical compound of Turmeric. Molecular chemical formula of Curcumin: C21H20O6. The foremost important constituents in organic turmeric are Curcuminoids, which is approximately 6%, and therefore the yellow coloring principles of which Curcumin constitutes 50-60%. Curcumin is extracted and researched for its renowned range of health-related and disease-preventing medicinal properties. Purification from 95% to 100% Curcumin doesn’t increase bioavailability of Curcumin but the manufacturing costs are substantially higher. Hence 95% purity is on the market in markets. Rising consumer health consciousness concerning artificial ingredients presence in medicines, cosmetics and food are major factors influencing industry manufacturers to adopt organic ingredients in their production formulation. Presence of anti-inflammatory, anti-oxidation, and anti-cancer properties in medicines and cosmetics should drive Curcumin market growth.
Curcumin production is mainly concentrated in India exceeding 78% of the worldwide output. Changeable turmeric prices because of unseasonal rainfall and environment hazards may impact Curcumin market value trend. Curcumin market size may observe significant growth due to pharmaceutical and cosmetic industry expansion. APAC organic cosmetic spending was over USD 2.5 million in 2014 and is estimated to exceed USD 4 million by 2024 which should favor regional industry growth.
India contributes 80% of world production and roughly 60% of export. Indian Curcumin market size accounted for over 81% of the general Asia Pacific revenue most of those as a coloring agent. Though Curcumin is currently used majorly as a cosmetic but the market may witness a growth of 10% over last year, majorly driven by its role as a dietary supplements (as immunity booster & anticancer drugs).
Small and Medium Enterprises (SME) Projects: – Projects for Small and Medium Enterprises (SME). Profitable Manufacturing Business Ideas to Start