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Best Business Opportunities in Bangladesh - Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

Bangladesh representing a potential market in itself (and potential access to the much larger South Asian market) Bangladesh also offers considerable potential as a base for labor-intensive manufacturing. Low-cost labour is the factor most often cited by the private as well as the public sector in Bangladesh when asked to name the most attractive features of the country. In addition to its large population and low-cost labour, Bangladesh offers major reserves of natural resources, in particular natural gas.

Bangladesh is a moderate, secular and liberal democracy with immense potentials. It has earned global reputation in poverty alleviation, primary school enrollment, women empowerment, family planning, infant, under-five mortality rate and maternal mortality ratio reduction, lowering number of communicable diseases and child immunization.

Bangladesh is in the process of a transition from a predominantly agrarian economy to an industrial and service economy. The private sector is playing an increasingly active role in the economic life of the country, while the public sector concentrates more on the physical and social infrastructure. Bangladesh has great ambitions that offer great opportunities in the energy, Agriculture, transportation and environmental sectors for the best domestic as well as international enterprises.

Business Sectors and Thrust Areas in Bangladesh

Agriculture Sector

Bangladesh is well known for its progress in human development. The economy of Bangladesh is primarily dependent on agriculture. About 84% of the total population lives in rural areas and are directly or indirectly engaged in a wide range of agricultural activities. Bangladesh has the essential attributes for successful agri-based industries namely rich alluvial soil, a year-round frost-free environment, available water and an abundance of cheap labor. Increased cultivation of vegetables, spices and tropical fruits now grown in Bangladesh could supply raw materials to local agribusiness industries for both domestic and export markets.

Agriculture plays a key role in Bangladesh’s economic growth. Bangladesh’s rural economy, and specifically agriculture, have been powerful drivers of poverty reduction in Bangladesh.

There may be investment opportunities in:

  • Fresh produce production for local and export markets;
  • Production of fertilizers and seeds;
  • Eco-friendly jute production, supported by the jute technology development institute;
  • Aquaculture and Processed fish;
  • Halal foods;
  • Milk and dairy products;
  • Cold storage facilities;
  • Agricultural products for export markets, including herbs, spices, nuts, and pulses;
  • Canned juice and fruits

 

Transportation Sector

Bangladesh's transport and logistics sectors offer immense opportunities for investors, as the country is found most wanting in the area. Improvements in ports, road, rail, and air services are all essential for a country that is in the midst of historic growth.

As of we are a developing country the main development issue is on building the infrastructure to enhance the economic growth as well as achieve the economic freedom. Bangladesh ever since the independence has focused on constructing roads & highways. In last three decades transportation sector & construction of roads has been the top priority of government. Private sector, are ready to invest, in Bangladesh's transport infrastructure and trade logistics, towards Bangladesh's growth. Invest in the country. The government will provide the policy support and security.

Opportunity

  • Replacement and up gradation of old signaling and interlocking system
  • Replacement and up gradation of old signaling and interlocking system.
  • Rehabilitation of old Line.
  • Construction of Railway line from Khulna to Mongla.
  • Procurement of trains for introduction commuter Trains
  • Studies for strengthen/reconstruction of existing Bridges.
  • Construction of missing links in the rail corridor between Bangladesh India border

Transportation sector business is a profitable business. Ever since independence this sector has been dominated by private owners.

 

Power and Energy Sector

Bangladesh has experienced rapidly rising energy consumption over the past two decades. This trend will intensify further in the coming years as economic growth and development efforts accelerate—Bangladesh strives to become a middle-income country by 2021.

Electricity is the major source of power for most of the country's economic activities. Noncommercial energy sources, such as wood fuel, animal waste, and crop residues, are estimated to account for over half of the country's energy consumption. Bangladesh has small reserves of oil and coal, but very large natural gas resources. Commercial energy consumption is mostly natural gas (around 66%), followed by oil, hydropower and coal.

Planned and appropriate use of electricity is fundamental to the economic progress of Bangladesh. There is a huge demand for electricity for all sectors of the economy including agriculture, industry and service sectors. Other than household use of electricity in rural areas, the scale of demand for electricity in agricultural, SMEs and income generating activities is going up.

 

Textile Industry

From spinning to weaving, from knitwear to leisurewear and high street fashions, the textiles and clothing industry is Bangladesh’s biggest export earner. This rapidly growing sector of the Bangladeshi economy offers a unique competitive edge that supports profitable expansion into new strategic markets.

As global demand for cheap clothing rises rapidly, Bangladesh’s position as the second biggest exporter in the world continues to hold strong, which is mainly due to its large population and low labour costs. Bangladeshi manufacturers will be forced to enhance productivity levels in order to maintain their competitive advantage.

The phenomenal growth in the readymade garment (RMG) sector in the last decade created many new factories and employment opportunities. Yet, even with these challenges ahead, as global trade picks up in the coming years, demand for Bangladeshi garments is also expected to increase, thereby prompting much-needed economic growth for the developing state. Enormous investment opportunities exist in this sector. In the RMG industry demand for fabric significantly exceeds local supply and so is currently being met by imports.

The importance of the textile industry in the economy of Bangladesh is very high. The growing trend in the textile and the RMG sector means that Bangladesh is favorably positioned to appeal to foreign investors.

Sector highlights:

  • Low-cost and high-quality products that are produced on time, reliably and very competitively with a skilled work force;
  • A unique regional location for expansion into key Asian and other markets;
  • Privileged trading status with Canada, the EU and Japan;
  • Clusters of companies providing a local supplier base with depth in skilled labour, training, and technical development facilities.

There may be investment opportunities in:

  • Carding Cloth
  • Silk Reeling Unit
  • Jeans, Cotton Casuals & Shirts
  • Implantable Surgical Suture (Biomedical Textile)
  • Acrylic Blanket for Warming Human Coverage Purpose
  • Viscous Rayon
  • Readymade Garments (T-Shirt)
  • Sanitary Napkins
  • Jeans Manufacturing Unit

 

Jute Sector

Jute is a vital sector from economical, agricultural, industrial, and commercial point of view in Bangladesh. Once upon a time jute was called the ‘Golden Fibre’ of Bangladesh. It is one of the cheapest and the strongest of all natural fibers and considered as fibre of the future. Jute is second only to cotton in world's production of textile fibers. The jute trade is centered mainly on Bangladesh and the Indian State of West Bengal. The major producing country of jute is Bangladesh, due to its natural fertile soil. Being a major player in the long history of jute trade and having finest natural fiber, Bangladesh has always had an advantage in raw jute trading. Bangladesh is still the largest producer and exporter of raw jute in the world. After the emergence of Bangladesh as an independent state the contribution of the industry to the nation's GDP and in the field of employment declined (in absolute and relative terms). But Still the jute industry must be said to be playing an important role in the national economy: it provides direct employment to about 150 lakh people even after the closure of 40 per cent of its production capacity, pays over Tk 100.00 crores for insurance and similar amount as cost of internal transport of raw jute, earns about Tk 150.00 crores worth of foreign unchanged and consumes 30 lakhs of raw jute, thereby benefiting millions of jute cultivators.

There may be investment opportunities in:

  • Jute Garments
  • Coir Pith
  • Jute Twine (Jute Rope) & Gunny Bag from Raw Jute
  • Jute Yarn, Jute Sutli & Hessian Cloth Weaving Integrated Unit
  • Jute Shopping Bags
  • Jute Ropes/Sutli
  • Jute Mill (With Spinning & Weaving)
  • Activated Carbon Powder from Jute Sticks


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Our Approach:

• Our research reports broadly cover Indian markets, present analysis, outlook and forecast for a period of five years.

• The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players

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Sport Shoes (Automatic Imported Plant)

Walking shoes are designed with the specific body mechanics and strike path of walking in mind. They are constructed to be more flexible through the ball of the foot to allow a greater range of motion through the roll of the forefoot. They also have greater arch support to protect where the force is heaviest on the foot. Running shoes, in contrast, have more cushioning in the heel–the point of impact–and less protection through the ball of the foot. The amount of heat generated in the running motion is greater, so running shoes also are made with a higher amount of mesh to keep feet cool during exercise. Running shoes include shoes required for training, advanced running, road running, trail running, track running, and racing. The running shoe segment dominated the market in 2017, which can be attributed to daily usage of running shoes and availability of these shoes in a wide range of prices ranging from affordable athletic shoes to highly luxurious athletic shoes. In most of the developed countries, the proportion of women athletes representing their respective nations at major sporting events is significant as compared to developing and underdeveloped countries. In addition, overall level of awareness about fitness among women is considerably high in advanced countries as compared to developing countries. Moreover, footwear manufacturers are focusing on quality and cost effective athletic footwear which are durable and comfortable for the consumers. These advantages of athletic footwear are expected to bolster the market in near future. Likewise, adoption of latest 3-D printing technology by the shoe manufacturers in order to manufacture shoes in less time and with enhanced quality is the key factor for the growth of athletic footwear market. The market offers a variety of footwear with options in color, design, and price to cater to the needs and purchasing abilities of individual customers. Sales expansion through online channels, innovative product launches, and attractive marketing and promotional strategies that are adopted by the companies have fueled the growth of the athletic footwear market size.
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Return: 1.00%Break even: N/A
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Non-Formaldehyde Dye Fixing Agent Production for Reactive Dye

Non-Formaldehyde Dye Fixing Agent Production for Reactive Dye. Business Opportunities in Textile Auxiliaries for Startup A dye Fixing Agent includes good capability with cross linking agents without promoting dye bleeding. It is generally used after completing the dyeing or in printing paste. At present, color fixing agent can be divided into cationic fixing agent, resin type fixing agent (containing formaldehyde resin type fixing agent containing polyamine resin type fixing agent) and cross linking reaction type fixing agent. The dye-fixing agent is applied to the dyed or printed substrate by an exhaust process or by alternative methods, such as padding, spraying, dipping, etc., Application of the dye-fixing agent to the substrate to be finished, may take place either, after the dyed substrate has been removed from the dye bath and has been rinsed, or after the dyed and rinsed substrate has undergone an intermediate drying step. Dye Fixing Agent find wide application as fixing agents for direct as well as reactive dyestuffs on cellulose fiber. Further, these are also used for bringing necessary improvements in rubbing fastness of direct colors to light and washing. Dye fixing agents are of considerable interest in the art of textile coloring, and numerous dye fixing agents have been used and/or proposed in the past. One class of well known dye fixing agents employs formaldehyde as a starting material. List of Dye Fixing Agent Manufacturers in India: • L. N. Chemical Industries • Rung International, Mumbai • ArihantDyechem • Pacific Texchem Private Limited • Americos Industries Inc. • AbhBiochem Private Limited • Snow Chemical Industries Pvt Ltd • VexentDyeaux India Pvt. Ltd. • SiddhivinayakDyechem Pvt. Ltd. • Sigma Chemical Industries Market Outlook Global Dye Fixing Agents market size will increase to Million US$ by 2025, from Million US$ in 2017, at a CAGR of during the forecast period. Textile Chemicals Market Textile chemicals are significantly used in home furnishings in the building & construction industry. Rise in expenditure on home furnishings is anticipated to propel the textile chemicals market during the forecast period. Demand for home furnishings is rising in Asia Pacific owing to a rapidly increasing middle class and a booming housing market. Moreover, fashion sensitivity toward household furnishing has improved in countries in the region. Global textile chemical market is expected to reach $27,560 million by 2022 from $21,770 million in 2015, and, growing at a CAGR of 3.4% from 2016 to 2022. The report encompasses textile chemicals market analysis in terms of product type and applications. The significant impacting factors in the textile chemicals industry include development of apparel industries due to increase in demand for consumers and growth in population. Along with these factors, the market is influenced by the increase in demand for home furnishing products, evolution of environmental friendly chemicals required by textiles industries, and development of packaging industries, which require large textile chemicals. The textile chemicals market growth is decreasing considerably. The market, which is in its mature stage; however, its contribution to the global market would increase significantly within the next few years. Adverse effects of chemicals on environment and stringent regulations imposed on the chemicals are the major limitations for utilizing textile chemicals. However, recent innovations, which embed introduction of innovative ideas of anti-microbial, luxurious, and stain-resistant fabrics, thus allowing chemicals to reach a wider segment of audiences. Numerous players are stepping in the textile chemicals market with innovative products. Emerging technology such as establishment of sterilized textiles is expected to increase the competition in the years to come. In future, the textile chemicals industry in the world will turn concentrated. The world textile chemicals consuming market will still has a certain amount of growth. Global competition is likely to turn to the relationship of competition and cooperation. With the development of economy, textile chemicals have huge market potential in the future. Owing to the increasing of demand in textile chemicals products, the world textile chemicals capacity will continue to expand. Asia Pacific is leading market for textile chemicals industry by revenue which accounted over half of the gross revenue in the world over the past couple of years. Increasing government initiatives in countries like India to retain healthy growth in textile industry is one of the driving factors of this market. The fast growing markets like China, Vietnam, Bangladesh and Malaysia in textile industry are triggering the demand for textile chemicals market. Textile Chemicals Market in India Textile chemicals market in India is projected to cross US$ 2.5 billion by 2021. Rising global as well as domestic demand for high quality textile products, growing textile production, favorable government policies and increasing garments sourcing from India by international brands are boosting demand for textile chemicals in the country. Textile chemicals are used during the processing of textiles, and are broadly classified as auxiliaries and colorants. By 2018, auxiliaries are expected to hold a major market share of the Indian textile chemicals market because of the growing domestic and international demand for quality textiles and technical textiles. The market for auxiliaries will also grow with the rising textile exports to markets such as the US and Western Europe which demand high quality products. Textile chemicals application segments are classified into apparels, home furnishings/textiles and industrial textiles. Of these, the apparel segment is projected to account for the largest market share by 2018. This can be attributed to the increasing demand for fashionable and eco-compatible products. Apart from this, rising disposable income and increasing living standards are expected to significantly augment demand for textile chemicals in India over the next five years. On the basis of product type, India textile chemicals market has been segmented into two categories, namely, colorants and auxiliaries. In addition, increasing investments by the industry players for the development of eco-friendly chemicals will also contribute to the growth of the India textile chemicals market. However, there are certain factors which have the potential to refrain the growth in demand for textile chemicals in India. Lack of differentiation in textile chemicals produced by multinational companies &domestic manufacturers and high fragmentation in the industry which is lowering the bargaining power of the suppliers are the factors posing a challenge to growth in demand for textile chemicals in the market. Tags #Production_of_Dye_Fixing_Agent, #Dye_Fixing_Agents, #Dye_Fixing_and_Washing_Agents, Color Fixing Agent for Dye, #Production_of_Non_Formaldehyde_Dye_Fixing_Agent_for_Reactive_Dye, Dye Fixing Agent Manufacturing Process, Fixing Agent Manufacture, Textile Dyes and Chemicals, #Formaldehyde_Based_Dye_Fixing_Agent, Textile Dyeing Industry, Non-Formaldehyde Dye Fixing Agent Manufacturing Business, Formaldehyde Based Dye Fixing Agent, #Non_Formaldehyde_Dye_Fixing_Agent_Production, Non Formaldehyde Dye Fixing Agent, #Reactive_Dye_Fixing_Agent, Textile dye-fixing agents, Dye Fixing Agent Manufacture, Project Report on Dye Fixing Agent Manufacturing Process, #Project Report on Non-Formaldehyde Dye Fixing Agent Manufacturing Business Industry, Detailed Project Report on Non-Formaldehyde Dye Fixing Agent Manufacturing Business, Project Report on Non-Formaldehyde Dye Fixing Agent Manufacturing Business, Pre-Investment Feasibility Study on Textile Dyeing Industry, #Techno_Economic_feasibility_study_on_Production_of_Dye_Fixing_Agent, #Feasibility_report_on_Textile_Dyeing_Industry, Free Project Profile on Production of Dye Fixing Agent, Project profile on Non-Formaldehyde Dye Fixing Agent Manufacturing Business, Download free project profile on Non-Formaldehyde Dye Fixing Agent Manufacturing Business, Textile Chemicals, Chemicals Used in Textile Processing, Textile Chemical Processing, Textile Chemicals Production
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Return: 1.00%Break even: N/A
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Alcohol from Tapioca Starch

Alcohol is a depressant, which in low doses causes euphoria, reduces anxiety, and improves sociability. In higher doses, it causes drunkenness, stupor, unconsciousness, or death. Long-term use can lead to alcohol abuse, physical dependence, and alcoholism. Alcohol is one of the most widely used recreational drugs in the world with about 33% of people being current drinkers. The global alcoholic beverages market was valued at $1,439 billion in 2017, and is expected to reach $1,684 billion by 2025, registering a CAGR of 2.0% from 2018 to 2025. Most cultures across the globe have traditionally consumed various types of alcoholic beverages; however, local specialty alcoholic beverages account for the majority share. Only a small number have evolved into commodities that are produced commercially on a large scale. The demand for alcoholic drinks is growing at a faster rate in emerging countries, like India, China, Indonesia, and Singapore. This is driving the demand for alcoholic drinks industry. The growing demand for premium alcoholic beverages is considered to be one of the primary drivers for this market. Efforts by alcoholic beverage manufacturers for strengthening distribution channels and extension of purchase channels, such as online stores, and convenience stores, is also contributing substantially to the growth of the global alcoholic beverages market.
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Return: 1.00%Break even: N/A
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Paints & Varnishes

Paints Paint is any pigmented liquid, liquefiable, or mastic composition that, after application to a substrate in a thin layer, converts to a solid film. It is most commonly used to protect, color, or provide texture to objects. Paint can be made or purchased in many colors—and in many different types, such as watercolor, synthetic, etc. Paint is typically stored, sold, and applied as a liquid, but most types dry into a solid. Paint is essentially a coating or covering material applied on metallic or non-metallic surfaces for decorative or protective purposes. Paint is used to decorate, protect and prolong the life of natural and synthetic materials, and acts as a barrier against environmental conditions. Paints may be broadly classified into Decorative paints, applied on site to decorate and protect buildings and other objects, and Industrial coatings which are applied in factories to finish manufactured goods such as cars. The Indian paint market is expected to reach Rs 709 bn by 2019-20 from around Rs 403 bn in 2014-15. The per capita paint consumption in India which is a little over 4 kgs is still very low as compared to the developed western nations. Therefore, as the country develops and modernizes, the per capita paint consumption is bound to increase. The paints sector is raw material intensive, with over 300 raw materials (50% petro-based derivatives) involved in the manufacturing process. Since most of the raw materials are petroleum based, the industry benefits from softening crude prices. The unorganised sector controls around 35% of the paint market, with the organised sector accounting for the balance. In the unorganised segment, there are about 2,000 units having small and medium sized paint manufacturing plants. Top organised players include Asian Paints, Kansai Nerolac, Berger Paints and ICI. Automotive paint, one of the most vital parts of automobile, is applied on automobiles to preserve them from UV rays, corrosion and oxidation. They are used extensively for painting exterior and interior of automobiles and serve a dual purpose of decoration as well as protection. The different products that fall under automotive paints are electro coats, powder coats, basecoat and clear coat. Availability of various choices of color is boosting the automotive paints market. Varnishes Varnish is a clear transparent hard protective finish or film. Varnish has little or no color and has no added pigment as opposed to paint or wood stain which contains pigment. However, some varnish products are marketed as a combined stain and varnish. Varnish is primarily used in wood finishing applications where the natural tones and grains in the wood are intended to be visible. It is applied over wood stains as a final step to achieve a film for gloss and protection. Varnish finishes are usually glossy but may be designed to produce satin or semi-gloss sheens by the addition of "flatting" agents. Varnish is a transparent, hard, protective finish or film primarily used in wood finishing but also for other materials. Varnish is traditionally a combination of a drying oil, a resin, and a thinner or solvent. Varnish finishes are usually glossy but may be designed to produce satin or semi-gloss sheens by the addition of "flatting" agents. Varnish is a type of clear finish. It is composed of a solvent, resin and oil. Varnishes are available in a variety of finishes, including satin, gloss, and semi-gloss. Varnish has no color or pigment. It is translucent, which allows the natural characteristics of a piece of wood to be seen. Carpenters, woodworkers and cabinet makers typically add varnish to pieces to give them a glossy sheen. The varnish also adds a barrier that protects the wood against damage, including scratches and dents. Global Paint and Varnish Market is expected to grow significantly in the forecast period owing to the increasing development worldwide. Paint is the coating applied on the walls or surfaces for decoration. The material is either available in oil-based or water-based form; it prevents corrosion and completely hides the applied surface. Varnishes are the transparent liquids that offer protective surface coating like paints. They do not completely hide the surface but add glossy finish to it. Varnish normally contains resin, thinner or solvent and drying oil. Wood varnishes are used to provide finishing to wooden surfaces. The application of varnish on wooden surfaces enhances their aesthetic appearance and provides resistance against moisture and other environmental agents. Wood varnishes are usually transparent in colour. They seal the pores on the wooden surface and thus, prevent the action of microorganisms, which could potentially damage the surface.
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Return: 1.00%Break even: N/A
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Washing Machine

Washing machine (laundry machine, clothes washer, or washer) is a device used to wash laundry. The term is mostly applied to machines that use water as opposed to dry cleaning (which uses alternative cleaning fluids, and is performed by specialist businesses) or ultrasonic cleaners. The user adds laundry detergent which is sold in liquid or powder form to the wash water. The washing machine enables you to wash your clothes automatically without having to supervise its operation. All you have to do is put the clothes in the machine and select the wash mode. The washing machine automatically takes in the amount of water and detergent required and it also automatically sets the timer for washing, rinsing and drying as per the selected mode and the amount of clothes. Washing machine is a complex appliance, and sometimes you may feel a little confused when it comes to washing machine installation or even dealing with washing machine problems. To help you understand your washer better, here’s an introduction to washing machine parts as well as some basic information on how your machine works. The washing machine has two steel tubs. The inner tub is the one that holds the clothes. It has an agitator in the middle of it, and the sides are perforated with holes so that when the tub spins, the water can leave. The growing demand for products which bring convenience to consumers is a key factor fueling the demand for washing machines. The growing changes in lifestyles, increasing disposable income, and the availability of advanced technology are also boosting the growth of the global washing machines market. One of the trends seen in the washing machine market in recent times is the use of technology that reduces the use of water for washing. Global Washing Machine Market was valued at $36,648 million in 2016, and is projected to reach at $53,193 million by 2023, growing at a CAGR of 5.5% from 2017 to 2023. Washing machines are widely used home appliances for washing laundry, as they save time and energy. A washing machine operates by spinning the laundry at high speed, thereby generating centrifugal force that removes water from the laundry along with dirt. Washing machine is a home appliance used for the laundry purpose. Economic growth in advanced and developing countries has favored the growth of the washing machine market. The use of a washing machine helps to save time and energy required to wash laundry. Product innovations have led to the development of advanced washing machines that increase comfort level and convenience for customers.
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Strontium Carbonate

Strontium Carbonate is generally immediately available in most volumes. Ultra high purity and high purity compositions improve both optical quality and usefulness as scientific standards. Nanoscale elemental powders and suspensions, as alternative high surface area forms, may be considered. Strontium carbonate (SrCO3) is the carbonate salt of strontium that has the appearance of a white or grey powder. It occurs in nature as the mineral strontianite. Strontium carbonate is a white, odorless, tasteless powder. Being a carbonate, it is a weak base and therefore is reactive with acids. It is otherwise stable and safe to work with. It is practically insoluble in water (1 part in 100,000). Strontium carbonate, whose chemical formula is SrCO3, is a fine, white powder whose properties are similar to those of calcium carbonate (lime). SrCO3 is very little soluble in water; it dissolves in acids, for example in hydrochloric acid, developing carbon dioxide as follows: SrCO3 + 2 HCl -> SrCl2 + H2O + CO2. Strontium is in the group of the alkaline earth metals (2. main group). It is non-toxic just like calcium, which is in the same group. The chemical similarity of strontium and calcium, however, accounts for the fact that the radioactive strontium isotopes that formed during the Chernobyl reactor accident have been able to deposit in the bones to trigger cancer. Strontium carbonate is generally preferred instead of any other compound owing to its low cost and the fact that it is not hygroscopic. Its ability to neutralize acid is also very helpful in pyrotechnics. Growing demand for firecrackers and pyrotechnic activities during concerts, festivals or any sort of celebrations will inevitably augment the strontium market size in the forecast period. Additionally, it is also widely used in making flares and flare guns that has its applications in defense industry globally. Strontium carbonate is the carbonate salt of strontium with chemical formula SrCO3. It appears in the form of white or grey powder. It occurs in the form of strontianite mineral deposits in nature; however, only a few deposits discovered are suitable for development. Even though strontianite would be more useful of the two commonly found minerals (the other being celestine), as strontium carbonate is the largely used compound with a wide variety of applications; it is not available in quantities sufficient to make its recovery practical. The Strontium Carbonate Market is segmented on the basis of the Type and Application. Geographically, the Strontium Carbonate Market has been segmented North America, Europe, APAC and row. Industries are propelling the demand for water softeners for various downstream applications.
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Return: 1.00%Break even: N/A
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Agar Oil from Black Agarwood

Agarwood, aloeswood or gharuwood is a fragrant dark resinous wood used in incense, perfume, and small carvings. It is formed in the heartwood of aquilaria trees when they become infected with a type of mould (Phialophora parasitica). Prior to infection, the heartwood is odourless, relatively light and pale coloured; however, as the infection progresses, the tree produces a dark aromatic resin, called aloes or agar (not to be confused with the edible, algae-derived agar) as well as gaharu, jinko, oud, or oodh (not to be confused with bukhoor), in response to the attack, which results in a very dense, dark, resin embedded heartwood. Agarwood oil, often referred to as oud oil and eagleswood oil, is a resinous, fragrant and highly valuable heartwood. Agarwood oil is more popularly called as Aloeswood oil. The essential oil is derived from the heartwood of the agarwood tree when they become infected with a type of mould. Post infection, the tree produces a dark aromatic resin, called aloes or agar. There are a number of popular species but typically aquilaria malaccensis, aquilaria agallocha or aquilaria crassna are used to make the oil. Agarwood oil market is segmented on the basis of the end use which includes retail and industrial. The retail segment is further sub-segmented as distribution channel which includes online stores, hypermarkets/supermarkets, specialized drug stores, and convenience stores. The plantation of agarwood has been introduced and re-introduced in countries such as Sri Lanka, Malaysia, etc. which will catalyze the revenue created from the global agarwood essential oil market. Techniques have also been implemented to improve stimulation of agarwood production for enhanced quality of the oil produced which will favor the market growth and expansion.
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Acetone

Acetone (propanone) is the organic compound with the formula (CH3)2CO. It is a colorless, volatile, flammable liquid, and is the simplest and smallest ketone. Acetone is miscible with water and serves as an important solvent in its own right, typically for cleaning purposes in laboratories. Acetone is a powerful solvent that is used primarily in industrial and laboratory settings, but is safe enough for household applications such as removing nail polish. Acetone is currently produced from petrochemicals as a co-product of phenol, however there is a rich history of high purity acetone being made from the fermentation of sugars derived from corn and other agricultural products. Acetone is a colorless, flammable liquid that evaporates easily. It is an organic compound because carbon atoms are present in acetone's chemical formula, which is (CH3)2O. It consists of three carbon atoms, six hydrogen atoms, and one oxygen atom. Acetone falls under the classification of ketones, which are organic compounds containing a carbonyl group bonded to two hydrocarbon groups. The long-term outlook on the demand for acetone market remains positive, with acetone market value expected to increase at a CAGR of 5.0% during the forecast period (2016 – 2026). Acetone, also known as dimethyl ketone, is a colourless, clear, and volatile liquid mainly used as a chemical intermediate in the manufacture of bisphenol-A (BPA), methyl methacrylate (MMA), and aldol chemicals. The global acetone industry is driven by the solvents sector, which represents 34% of global demand. Global solvent demand from acetone will continue to maintain a healthy growth rate through 2022. Methyl methacrylate (MMA) is the second-largest end use for acetone. The acetone market is expected to witness a CAGR of approximately 3.56% during the forecast period, 2018-2023. The market is driven by many factors, such as dynamic economic development in Asia-Pacific and a positive demand for MMA from the electronics industry. Acetone is a derivative of petroleum production and rising crude oil usage across the globe is anticipated to be an important driver for acetone market during the review period. Increasing pharmaceutical production and sales along with rising consumption of medicines is estimated to fuel the growth of the market. Furthermore, rapid urbanization coupled with increasing disposable income in emerging economies is predicted to propel the growth of the market during the assessment period, 2017 to 2023.
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Return: 1.00%Break even: N/A
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Tomato Products Manufacturing Business

Tomato Products Manufacturing Business. Production of Tomato Ketchup, Sauce and Soup. Processing of Tomato Tomato Ketchup Tomato Ketchup word originated from Chinese koechiap meaning ‘brine of fish’, or generally mentioned as ‘spicy sauce’; the word sauce is derived from Latin word salsas that means ‘salted’. Ketchup is originally supposed to have been invented in the seventeenth century and was related to a sauce that contained fish brine, herbs, and spices as main ingredients. Tomato ketchup might be just an additional sauce for foods or a dressing for pasta. As we know, tomato is not only delicious as a fresh fruit but also delicious as sauce and even when it has been processed as tomato ketchup, the taste is still tasty. As part of worldwide culinary ingredients, tomato ketchup could be found in any kitchen around the world. Tomato Sauce Tomato sauces are used in many products including frozen foods, pasta sauces and pizza toppings, etc. A typical tomato sauce would be based on sieved or whole tomatoes, and/or tomato paste. It would also contain water, sugar, vinegar, salt and seasoning. The desired product viscosity would normally be achieved using a starch-based thickener. Tomato sauce is one of the most common sauces made primarily out of tomatoes. It is a product prepared by cooking fresh tomatoes down in to a medium thick sauce, which is strained to remove seeds and peels. Due to its rich flavor, low liquid content, very soft flesh that breaks down easily, and the right composition to thicken up into a sauce when cooked, tomato serves as the best option for preparing the sauce. Different Uses of Tomato Sauce: • It is used in the household along with snacks. • Used in restaurants for coloring and seasoning of foods. • Used by railways and other transportation modes that provides food services. • Street food dwellers. Market Outlook Tomato processing industry is huge. The only ketchup and sauce market in India is pegged at Rs 1,000 crore and growing at around 20% year-on-year. There is a big market for the processed tomato products. The market scenario has revealed a positive indication for the specially packed tomato sauce in local as well as outside market. Rapid urbanization has increased the use of processed tomato products. Tomato ketchup is a widely popular condiment made from tomatoes, vinegar, sweeteners, and salt. The simple yet versatile formulation of tomato ketchup has made it popular in various cuisines, with the growing demand for fast food enabling smooth expansion of the tomato ketchup market. Tomato ketchup is commonly served with fast food items such as sandwiches, burgers, fries, and grilled or fried meat. It is also commonly used as a base for other sauces, since its flavor is popular and agreeable. The ketchup market can be broadly segmented into four major segments, such as product ingredient type, application, distribution channel, and geography. Regarding product ingredient type, ketchup market can be classified into tomato ketchup, mushroom ketchup, mustard ketchup, fruit & nut ketchup, and others. Ketchup is a staple with traditional fast food items, but the agreeable flavor of tomato ketchup has also boosted its use with local fast food items in emerging regions. As a result, leading producers of tomato ketchup have been able to successfully create regional variants of their products based on the cultural preferences and compatibility with the local cuisines. The global tomato ketchup market is primarily driven by the growing demand for fast food across the world. While North America is the prime market for fast food, the growing adoption of the Western culture across the world is leading to significant demand for fast food in Asia Pacific and Latin America, where the market stands to grow rapidly owing to the increasing disposable income of urban consumers. The convenience of fast food means the burgeoning middle class is likely to remain a key consumer demographic for the fast food industry in the coming years, leading to strong growth prospects for the global tomato ketchup market. Due to the widespread prevalence of fast food joints and quick service restaurants in North America and Europe, these two are the leading contributors to the global tomato ketchup market and are likely to retain a dominant share in the coming years. However, the Asia Pacific and Middle East markets for tomato ketchup have exhibited promise in the last few decade, and with many countries in this region steadily climbing the rungs of economic progress, the fast food industry is also growing smoothly in these regions. This is likely to present promising growth prospects for manufacturers of tomato ketchup in the coming years. With an annual growth of over 20% per annum, the demand for tomato sauce is getting huge in India which is expected to rise more in times to come. It can be used along with snacks to coloring and seasoning in restaurants. The eating culture of Indian people has certainly given rise to the use of tomato sauce extensively. The demand of tomato sauce is huge in India. It has got an annual growth of over 20 % per annum. As the tomato sauces come in different kind of uses, that is why the demand is also very high in the market. Tomato Processing Market The global tomato processing market has experienced a healthy growth over the past several years. This can be accredited to the changing lifestyle and increasing spending power of the consumers coupled with the innovative product packaging. Around 80% of the tomatoes produced worldwide are consumed fresh, whereas the remaining 20% are utilized in the tomato processing industry. As an important flavoring ingredient, processed tomato products are extensively used in the food processing industry, fast food joints, hotels, restaurants and households. There are many processed tomato products available in the market. Some of these include - peeled tomato, partially dehydrated tomato, diced tomato, tomato snacks, tomato paste, ketchup, soup, juice, sauce, powder and concentrate. The global market for tomato processing is currently being driven by numerous factors. Rising fast food trends have led to an increase in the global demand for processed tomatoes. Population growth, rising disposable incomes, urbanization, changing dietary patterns, growing fast food industry and rising demand from emerging markets are also broadening the growth aspects of the global tomato processing market. The global tomato processing market reached a volume of around 34 Million Tons in 2016. A number of factors are currently driving the growth of this market. These include changing food habits, rising incomes, urbanisation, emerging markets, growing consumption of fast foods especially by youngsters, etc. Tomato processing in India is still not very significant. Processed tomato products have good export potential, especially in the Middle East. Many units are operating in the small scale sector in the country. Tags #Production_of_Tomato_Products, #Tomato_Sauce_Making_Process, #Tomato_Sauce_Manufacturing_Process_in_India, #Manufacture_of_Tomato_Sauces_and_Ketchup, Preparation of Tomato Ketchup, Tomato Sauce Manufacturing, Tomato Sauce and Ketchup, #Tomato_Processing, #Tomato_Processing_Business_Plan, Tomato Processing Business, Tomato Processing Business Ideas, Tomato Ketchup Manufacturing Business, #How_to_Start_a_Tomato_Product_Business, Tomato Ketchup Business, Production of Tomato Ketchup, Tomato Ketchup Production, Profitable Tomato Processing Business, Start Tomato Ketchup/Sauce Business, Production of Tomato Sauce and Soup, Tomato Sauce & Ketchup, Tomato Products Manufacturing Process, Tomato & Tomato Products Manufacturing, Profitable Tomato Processing Business Opportunities, How ketchup is made? Tomato Processing Plant, Project Report on Tomato Sauce Manufacturing Industry, #Detailed_Project_Report_on_Tomato_Products_Manufacturing, Project Report on Tomato & Tomato Products Manufacturing, Pre-Investment Feasibility Study on Tomato Sauce Manufacturing, Techno-Economic feasibility study on Tomato Products Manufacturing, #Feasibility_report_on_Tomato_&_Tomato_Products_Manufacturing, Free Project Profile on Tomato Sauce Manufacturing Business, #Project_profile_on_Tomato_Sauce_Manufacturing, Download free project profile on Tomato Products Manufacturing, Tomato Sauce Manufacturing Plant, Tomato Processing Business Plan Pdf, Tomato Ketchup Production Business, Tomato Processing Business, How is Tomato Sauce Processed, Tomato Ketchup Process Flow Chart, Tomato Sauce Making Business, Profile on Production of Tomato Sauce & Ketchup, Preparation of Tomato Ketchup, Tomato Sauce Manufacturing Unit, Tomato Sauce Production, Tomatoes and Tomato Products, By-product from Tomato Processing Industry, Tomato & Tomato Products Manufacturing, Tomato Products manufacturing Business
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Return: 1.00%Break even: N/A
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Phosphoric Acid (Purification) From Crude Phosphoric Acid

Phosphoric acid (also known as orthophosphoric acid or phosphoric (V) acid) is a weak acid with the chemical formula H3PO4. Orthophosphoric acid refers to phosphoric acid, which is the IUPAC name for this compound. The prefix ortho- is used to distinguish the acid from related phosphoric acids, called polyphosphoric acids. Orthophosphoric acid is a non-toxic acid, which, when pure, is a solid at room temperature and pressure. Phosphoric acid, also called orthophosphoric acid, (H3PO4), the most important oxygen acid of phosphorus, used to make phosphate salts for fertilizers. It is also used in dental cements, in the preparation of albumin derivatives, and in the sugar and textile industries. It serves as an acidic, fruitlike flavouring in food products. Phosphorus is an essential plant nutrient and is taken up by plant roots, usually as the dihydrogen phosphate ion, H2PO4-, derived from phosphoric acid, H3PO4. The manufacture of fertilizers that are used to rectify phosphorus deficiencies in soils depends on the availability of supplies of phosphoric acid. Phosphoric acid is an inorganic mineral acid and can be referred to as phosphoric (V) acid or orthophosphoric acid. Orthophosphoric acid molecules combine with themselves to form various compounds which are termed as phosphoric acids. Phosphoric acid is largest in terms of production and consumption value and follows sulfuric acid in terms of volume. Phosphoric acid can be produced by two commercial methods: wet process and thermal process. Wet process phosphoric acid is used in fertilizer production. Thermal process phosphoric acid is of higher purity and it is used in the manufacture of high-grade chemicals, pharmaceuticals, detergents, food products, beverages, and other non-fertilizer products. Phosphoric acid (H3PO4) is the leading inorganic acid produced and consumed in terms of production value and it is the second largest in terms of volume after sulfuric acid. By far its greatest use is in the manufacture of phosphate chemicals consumed primarily as carriers of phosphorus values in fertilizers. Use in the production of animal feeds is of secondary importance. Phosphoric acid is also used in the manufacture of phosphate chemicals for use in water treatment and detergent builders, dentifrices, fire control chemicals, and a host of smaller markets.
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Return: 1.00%Break even: N/A
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