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Antimony Potassium Tartrate - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost And Revenue | |
| Antimony potassium tartrate, also known as potassium antimonyl tartrate or emetic tartar, has the formula K2Sb2(C4H2O6)2 and is the double salt of potassium and antimony of tartaric acid. The compound has long been known as a powerful emetic, and was used in the treatment of schistosomiasis and leishmaniasis. Uses Antimony potassium tartrate's potential as an emetic was known since the middle Ages. The compound itself was considered toxic and therefore a different way to administer it was found. Cups made from pure antimony were used to store wine for 24 hours and then the resulting solution of antimony potassium tartrate in wine was consumed in small portions until the wanted emetic effect was reached. It is useful in the treatment of trypanosomiasis, tropical diseases, leishmania, schistosomiasis. It is used as mordant in the textile and leather industry; as pesticide to control snails; as an emetic to combine with certain rodenticides to make them less harmful if they are accidentally consumed by people or pets; Insecticide applied as spray on gladiolus & citrus for control of thrips & in ant baits; also an active ingredient in liquid baits for moths, wasps, & yellow jackets; used as ruminatoric and an expectorant in animals; used as an analytical reagent and flux additive for electroplating. Market Survey Antimony Potassium Tartrate has a huge demand in the field of electroplating, pharmaceutical, leather industry, textile industry, as insecticide, as a pesticide, as an analytical reagent in laboratories etc. Antimony is a double salt also known as emetic tartar. It is being added to certain rodenticides to make them less harmful if consumed by people or pets accidentally as it causes vomiting. Antimony is used as pesticide to control snails and as insecticide to protect gladiolus and citrus from thrips and from ant baits. According to a new market survey on "Pesticides Market: India, China and Japan Industry Analysis, Size, Share & Forecast (2009 - 2016) India, China and Japan pesticide market revenue (collective) reached USD 11.7 billion in 2011 and is expected to reach USD 16.2 billion by 2016, growing at a CAGR of 6.8% from 2011 to 2016. Japan is expected to be the second largest pesticide market after China by 2016. The pesticides market is highly dynamic with a large number of pesticides products available for use in crop protection. India pesticides market is highly dynamic as price remains the foremost criterion for the adoption of pesticide. In China, insecticides segment is the largest pesticide segment both in terms of volume and value. The China pesticides market is the largest among the three Asian markets, both in terms of revenue and volume consumption. The Overall sales in the global agrochemicals market by product were nearly $105.6 billion in 2008 which increased further to $119.6 billion in 2009. By 2014, it is projected to increase to $196 billion, for a 5-year compound annual growth rate (CAGR) of 10.4%.The fertilizers market was nearly $59 billion in 2008; this further increased to $68.4 billion in 2009, and this projected to reach $117.8 billion in 2014, for a 5-year CAGR of 11.5%. Sales in the pesticides market amounted to $46.7 billion in 2008 which increased to $51.2 billion in 2009. This is projected to increase to $78.3 billion in 2014, for a 5-year CAGR of 8.9%. Pesticide formulation industry has a bright future. As the competitive price of domestic products, and continuously improvement of the quality, pesticide formulations export is expected to grow at the rate of 5.2% per year, and net exports volume are expected to grow to 717,000 tons. Insectide products will remain the domain position in the market, and the fungicides’ growth rate will exceed the insecticide. Herbicides will still be the largest variety to 2015, although the relatively low growth rates to 3.7%. Existing pesticide products will continue to dominate the entire market, but the trend is to use low-toxicity insecticides, which is the reason of low growth rate of insecticides. Demand and exports of herbicides will grow dramatically driven by the decline in farming labor and growing export market by 2015. As farmers have to fight fungal diseases with recurrent, fungicides will achieve the highest growth rate. Pesticide sales will achieve 4.8% annual rate to reached 765,000 tons in 2015. By volume, the pesticide shall account for 26% of the formulation in export volumes in 2015. Herbicide export growth will be mainly affected by the growth of pesticide export, and production capacity of domestic formulation product will further promote the growth of demand. Northwest market will become the fastest growing market in China. In the six main regions, pesticide market scale, growth rate and the use of pesticides has their own advantages and characteristics. Middle East and south-central region will continue to maintain as the largest pesticide consumption areas, together accounted for 70% of the total pesticide demand in 2015. Pesticide demand in these two regions will be driven by expansion of economic crop cultivation, the Northwest area is benefit from the western development strategy, and pesticide sales growth rate is expected to exceed other areas. The global market for crop protection chemicals, in terms of active ingredient volume was estimated at 2,075.5 KT in 2011 and is expected to reach 3,136.1 KT by 2018, growing at a CAGR of 3.2% from 2013 to 2018. The world clothing and textile industry - encompassing clothing, textiles, footwear and luxury goods - reached almost $2,560 trillion in 2010. The apparel, luxury goods and accessories portion of the market, which accounts for over 55% of the overall market, is expected to generate $3,180 billion in 2015, with a yearly growth rate in excess of 4%. Thus with the tremendous demand of pesticide, insecticides, textiles, leather and pharmaceutical industries, Antimony Potassium Tartrate being the major ingredient has a vast market and the researches indicate the demand will grow further in near future. | |
| Plant capacity: 90,000 Kgs./Annum | Plant & machinery: Rs. 21 Lakhs |
| Working capital: - | T.C.I: Cost of Project: Rs 98 Lakhs |
| Return: 27.00% | Break even: 57.00% |
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