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

Agriculture: Project Opportunities in Goa

PROFILE:

Agriculture sector contributes one-fourth of the country’s GDP. India is the largest producer of milk, fruits, pulses, cashew nuts, coconuts and tea in world and accounts for 10 % of the world fruit production. India’s food grain production is expected to rise to 208.5 million tons by March 2006, from 204.6 million tons in 2005. Horticulture sector contributes 30 % of the agriculture GDP and accounts for 8.5 % of cultivated area. In the Global food processing industry Asia-pacific is accounting for 31.10 % of global market. India is the World’s second largest producer of food, next to China and has potential to be number one.

RESOURCES:

The major food crops in the State are rice, paddy, maize, jawar, bajra and ragi. While, main cash crops are coconut, cashew nut, arecanut, sugarcane and fruits like pineapple, mango and banana. Out of the total geographical area of 3702 sq km, the State has a rich forest cover of about 1424.46 sq km. Of this, 1224.46 sq km has been classified as Government forest (of which about 62% has been brought under Protected Areas (PA) of Wildlife Sanctuaries and National Parks) and the rest as private forests.

GOVERNMENT POLICIES:

Indian agriculture policy is aimed essentially at improving food self sufficiency and alleviating hunger through food distribution. In India, agricultural trade policy is a part of a larger food and agriculture policy regime that seeks to maintain food self-sufficiency while providing income support to the agricultural sector and poor consumers. The salient features of the new agricultural policy are:

•        Over 4 per cent annual growth rate aimed over next two decades.

•        Greater private sector participation through contract farming.

•        Price protection for farmers.

•        National agricultural insurance scheme to be launched.

•        Dismantling of restrictions on movement of agricultural commodities throughout the country.

•        Rational utilisation of country's water resources for optimum use of irrigation potential.

•        High priority to development of animal husbandry, poultry, dairy and aquaculture.

•        Capital inflow and assured markets for crop production.

•        Exemption from payment of capital gains tax on compulsory acquisition of agricultural land.

•        Minimise fluctuations in commodity prices.

•        Continuous monitoring of international prices.

•        Plant varieties to be protected through legislation.

•        Adequate and timely supply of quality inputs to farmers.

•        High priority to rural electrification.

•        Setting up of agro-processing units and creation of off-farm employment in rural

Fisheries and Aquaculture Sector: Project Opportunities in Goa

PROFILE:

The 'fisheries and aquaculture sector' is recognized as the sunshine sector in Indian agriculture. It stimulates growth of number of subsidiary industries and is the source of livelihood for a large section of economically backward population, especially fishermen, of the country. Fish production in India has increased more than tenfold since its independence in 1947. According to the Food and Agriculture Organization of the United Nations, fish output in India doubled between 1990 and 2010. India has 8118 Km of marine coastline, 3827 fishing villages, and 1914 traditional fish landing centres. India's fresh water resources consists of 195,210 Km of rivers and canals, 2.9 million hectares of minor and major reservoirs, 2.4 million hectares of ponds and lakes, and about 0.8 million hectares of flood plain wetlands and water bodies. As of 2010, the marine and freshwater resources offered a combined sustainable catch fishing potential of over 4 million metric tonnes of fish.

RESOURCES:

Fishing is another traditional and important economic activity of the State. Goa, being located on the west coast of India, has a coastline extending over 100 Km and inland waterways of another 250 Km, rich in marine wealth. Prawns, the valuable foreign exchange earner, mackerels, sardines, etc. are available in plenty in Goa coast. Fish is a protein rich food. It forms a chief component in the diet of about 90% of the population of Goa. Capture fisheries of Goa (India) constitute a highly productive sector. They remain one of the major sources of valuable food and employment and a net contributor in the foreign exchange earnings. As a result of this dramatic increase some marine fish stocks have started showing the sign of over-exploitation. Many small scale units based on fisheries resources like salt curing of mackerels, fish meat, fish oils, dehydration of fishes etc. are being set up under the State. The fishing activity has also given a big boost to canning, freezing and other fish processing units in the State. A couple of fish oil extraction as well as fish meal manufacturing units can also be set up in the State by utilising the rich fisheries resources.

GOVERNMENT POLICIES:

The Indian government announced NDSP as part of the economic reforms programme. The policy involved three schemes - leasing out of foreign fishing vessels to operate in the Indian EEZ, engaging foreign fishing vessels for test fishing and forming joint ventures between foreign companies and Indian companies on 49:51 equity basis in deep sea fishing, processing and marketing. Government of India started giving licenses to joint venture, lease and test fishing vessels.

Tourism: Project Opportunities in Goa

PROFILE:

Tourism in India is the largest service industry, with a contribution of 6.23% to the national GDP and 8.78% of the total employment in India. Tourism has become an important industry in many countries of the world, both in the east and the west. Various initiatives are being taken by the Government and other organizations to promote tourism here. Tourism is one of the fastest growing industries in the world. The number of tourists worldwide has been registering phenomenal growth and it is expected that this number would shortly touch 1.5 billion. Tourism contributes about 11% of the world work force and 10.2% of the global gross domestic products. The dynamic growth of this industry is evident from the fact that a new job is added to this sector every 2.5 second.

RESOURCES:

Goa is one of the most preferred places of holiday in India. It may not be the state to receive maximum number of tourists in India but the state is well known to receive international tourists on a large scale, more than probably any other state in the country. Thus, it is evident that tourism is the main source of income for the state government as well as residents who rely heavily on the tourists to boost of their trade. Notably, Goa is the state with the highest GDP in India. Agonda, Candolim, Calangute and Dona Paula are some of the Goa beaches that are most inviting. However, these are not the only beaches in the state. The beaches are known to witness a massive footfall throughout the year. Besides, the churches in the state are the living reminiscent of the Portuguese rule in the state of Goa. The beautifully adorned churches are one of the major contributors that led the state earn the sobriquet of "Pearl of the Orient".

GOVERNMENT POLICIES:

The basic Government policy would be to raise the quality of the infrastructure, which is a foundation for the sustainable growth of tourism and is crucial for accelerated benefits to the people of the state. Accordingly, Government would endeavour to provide:-

•        Encouragement to existing private initiatives through an appropriate package of fiscal and friendly taxation measures.

•        Investor friendly environment for new private initiatives through a combination of prompt processes and progressive fiscal and taxation policies.

•        Develop tourism as a non-invasive instrument of revitalization, conservation and growth.

•        A balanced tourism development as a part of the overall Area Development Strategy.

•        Public infrastructural facilities including local planning and zoning arrangements.

•        Entrust regulatory measures to ensure social, cultural and environmental sustainability.

•        Ensure that the type and scale of tourism development is compatible with the environment and social cultural milieu of the area.

•        Ensure that the local community is involved and the benefits of tourism accrue to them.

•        Ensure availability of trained manpower primarily from amongst the local pollution.

•        Undertake research, prepare Master Plans, formulate marketing strategies and organize domestic and overseas promotion and marketing jointly with the industry.

•        Ensure Regulation of Indigenous Tourism related Health Care System.

•        Measures to ensure promotion, facilitation and regulation of Tourist Trade.

Mineral and Mining: Project Opportunities in Goa

PROFILE:

A mineral is a naturally occurring solid chemical substance formed through biogeochemical processes, having characteristic chemical composition, highly ordered atomic structure, and specific physical properties. Common rocks are often made up of crystals of several kinds of minerals. There are some substances, like opal, which have the appearance of a mineral but lack any definite internal structure, are sometimes called "mineraloids". The minerals produced in India constitute one-quarter of the world's most popular mineral resources.

RESOURCES:

The State of Goa is a tiny emerald land on the west coast of the Indian Peninsula. The rich and varied mineral resources of the State have contributed handsomely towards the development and industrialization of the State. The State of Goa has an important position in the Mineral Map of the Country.  The production of iron ore accounts to about 13% of the iron ore production in India and its exports accounts to about 35% of the Country exports. The State of Goa is endowed with Mineral Resources.  Iron ore, Manganese ore, Bauxite are minerals of economic importance.  Besides there are minor minerals like Basalt, Laterite stones and rubbles, River sand, Murrum etc., which are in great demand as construction material.  This industry is labour intensive and provides work to large number of people. The Bauxite Mines are situated in South Goa over an area of 1263.678 Ha. with estimated reserves of 70 million tons. These are metallurgical grade bauxite which can also be used for various applications such as cement, alumina chemicals, etc.

GOVERNMENT POLICIES:

Strategy for mineral development and exploitation:

•        Notification for re-grant of mineral concessions.

•        Sustainable Development

•        Mine Rehabilitation

•        Simplification of Procedure

•        Environmental and ecological balance.

•        Development of Infrastructure Facilities

•        Financial Assistance

•        Value Addition and Upgradation of Minerals

•        Information Dissemination

•        Foreign Capital Investment

Waste Management and Recycling: Project Opportunities in Goa

PROFILE:

Waste utilization, recycling and reuse plays a major role in limiting resource consumption and the environmental impact of waste. Recycling is an integral part of any waste management system as it represents a key utilization alternative to reuse and energy recovery (Waste-to-Energy). Which option is ultimately chosen depends on the quality, purity and the market situation. Hazardous waste management is a new concept for most of the Asian countries including India. The lack of technical and financial resources and the regulatory control for the management of hazardous wastes in the past had led to the unscientific disposal of hazardous wastes in India, which posed serious risks to human, animal and plant life.

RESOURCES:

Goa produces around 300 tonnes of garbage, but with municipal bodies. The proliferation of plastic wastes in the urban and village environments of Goa, and the abysmally hopeless and inadequate arrangements of municipalities and authorities for the disposal of this plastic litter, are subjects which many environment NGOs and citizens have expressed anguish over right from the inception of the Goa Environment Federation (GEF). Goa receives around 2 million of domestic and international tourists per year. A tourist produces an average of 1kg of waste a day. If we calculate the waste therefore, generated by the tourism industry in Goa the figures are shocking and huge. This waste is leading to a loss of biodiversity which is linked to human activities and loss of landscape attractiveness affect a number of tourist destinations. Though a few civic bodies, including CCP, have initiated solid waste management programmes, the problem is also in coping with the huge outflow of non-biodegradable waste from tourism industry, shops and establishments and plastic-oriented packaging in a consumerist society. Around 2,000 composting units to treat wet waste have been set up at various levels, including individuals and housing colonies.

GOVERNMENT POLICIES:

National policy on waste management is set out in the October 1998 policy statement on waste management - Changing our Ways. It outlines the Government's policy objectives in relation to waste management, and suggests some key issues and considerations that must be addressed to achieve these objectives. The policy is firmly grounded in an internationally recognised hierarchy of options, namely prevention, minimisation, reuse/recycling, and the environmentally sustainable disposal of waste which cannot be prevented or recovered.

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Craft Beer

A microbrewery or craft brewery is a brewery that produces small amounts of beer (or sometimes root beer), typically much smaller than large-scale corporate breweries. "Craft brewing" is a more encompassing term for developments in the industry succeeding the microbrewing movement of the late 20th century. Bira 91, (90 calories for a 330 ml bottle). "Bira 91 Light is the lowest calorie option for any alcoholic beverage in the bar. It is lower than a glass of champagne, much lower than Breezers, wine, or cocktails. Heck, it’s even lower than a glass of milk or orange juice" Craft beers and microbreweries are niche concepts in India which have been growing for past few years and are beginning to take shape now. They are mushrooming in many parts of the country. This is an emerging trend that is certainly attracting middle class Indians, particularly in urban areas. The craft beer market in India is pegged at Rs. 280 crore and may grow to Rs. 4,400 crore by 2020. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Aurangabad Breweries Ltd. • Blossom Industries Ltd. • Castle Breweries Ltd. • Hindustan Breweries & Bottling Ltd. • Impala Distillery & Brewery Ltd. • Kool Breweries Ltd. • Lilasons Breweries Ltd.
Plant capacity: Craft Beer (Cans & Bottles 650 ml Size): 9230 Nos./DayPlant & machinery: Rs 890 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1628 lakhs
Return: 27.00%Break even: 45.00%
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Yarn, Fabric & Garments Production Using Solar Charkha & Solar Looms

The charkha, a small, portable, hand-cranked wheel, is ideal for spinning cotton and other fine, short-staple fibres, though it can be used to spin other fibers as well. solar charkha has opened up a new approach to reverse this trend. The use of solar energy can usher in a new era of khadi spinning. Yarn from a solar charkha are stronger compared to the manually operated charkha. In fact yarns of desired strength could be achieved by proper choice of the drive. Ministry of Micro, Small and Medium Enterprises (MSME) have launched the Mission Solar Charkha for implementation of 50 Solar Charkha Clusters across the country with a budget of Rs 550 crore for the year 2018-19 and 2019-20. Which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under • A P T Yarns Ltd. • A T L Textiles Ltd. • Amit Spinning Inds. Ltd. • Amitech Textiles Ltd. • Anasuya Spinners Ltd. • G R V Spintex Pvt. Ltd. • G V D Textiles Pvt. Ltd.?
Plant capacity: Khadi Fabric: 1500 Sq.Mtrs./Day Garments: 750 Pcs./DayPlant & machinery: Rs 408 lakhs
Working capital: -T.C.I: Cost of Project: Rs 644 lakhs
Return: 28.00%Break even: 75.00%
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Potato Products

Potato Products. Potato Balls, Nuggets and French Fries Manufacturing Business. Profitable Business Ideas in Potato Processing Industry Potato balls are a trendy dish liked by most of the kids. This classic dish is prepared by boiling the potatoes, mashed and mixed with chopped green onions, grated carrot, spiced with fresh ground black pepper, mayonnaise and yoghurt; made into small balls and deep fried until crispy and crunchy. Taste best with any sauce or chutney. Potatoes are considered as comfort food which is liked by most of the people either it is boiled, baked or fried. It is an important food staple and number one vegetable crop in the world. Potatoes are available year-round as they are harvested somewhere every month of the year. Potato balls are easy to prepare and is a great addition for breakfast, brunch or tea time and can also be easily carried in lunch packs or served for small parties. Potato balls are yummy deep fried mashed potato balls which can also have a stuffing of mozzarella cheese in the center. This of course would not be a regular item and is good for an occasional treat or a party appetizer as potato is a rich carbohydrate source. Potatoes provide the body with an essential source of fuel and energy. Most of the appetizers and snacks from the Indian cuisine are made with a very modern addition to the Indian meal to suit the taste of the people. The essence of Indian cuisine mainly lies in the aroma of spices that are blended together and added to enhance the flavor and nutrition of each dish. There are a variety of Indian snacks that are popularly made with potatoes and are favorite to many which includes the aloo tikki, Alu Vadi, Potato Cutlets, Aloo Bhonda, Aloo Noodle Cutlet etc. Potato nuggets is very tasty dish that can be prepared quickly and is very much liked by kids. It is the mixture of potato and bread crumb. It can be given in lunchbox for kids. It is very crispy potato nuggets recipe. Potato nuggets is very easy to make at home in few minutes. Potato nuggets is a tasty breakfast of morning and mostly loved by kids. French fries are among the highest saleable potato products. This is the most abundant processed potato and can be found in many varieties such as lattice cut, wedges, curly, batter dipped, seasoned, or straight –cut including French Fries on menu is one of the easiest ways to increase sales and profits for the companies. Potato Processing Market Global Potato Processing market is expected to grow from $19.74 billion in 2016 to reach $32.45 billion by 2023 with a CAGR of 7.3%. Rapid urbanization, progress in the standard of living, easy availability, consumer preferences for convenience foods and favorable packaging are the major factors propelling the market growth. In addition factors such as soaring demand for applications such as snack foods and prepared ready meals, increase in the number of retail channels such as hypermarkets and supermarkets and rapid growth of the fast food industry are driving the market growth. However, high costs incurred for storage and transportation and health issues associated with the consumption of processed potatoes such as obesity and diabetes are the factors hindering the market growth. The potato processing industry is a booming which is undergoing a progression period due to the growing global demands for vegetarian food products, a growth of processed food industry, and consumer demand for higher quality and sustainability. The processed food industries market is valued at more than the US $2.2 trillion dollars globally and consist of more 420,000 businesses. Potato processing market by type is segmented into Frozen, dehydrated, chips and snack pellets, and others which include flour, canned potato, potato granules and starch. Consumption of frozen potato products like French fries is increasing due to the increasing number of fast food chains and restaurants. Most important advantage of frozen potatoes is its prolonged shelf life and comparatively less time required for cooking. Rapidly increasing number of Quick Service Restaurants in the developing countries is expected to increase the demand for frozen products in the forecast period. Chips and snack pellets are the second largest segment due to increasing popularity of chips and ease of access. Increasing number of consumers aligning towards ready to cook and ready to eat food products such as French fries and other potato based snacks items in all classes of people is boosting the market for potato flakes and powder. Rapidly changing trends, increasing millennial population and people looking for more suitable snacking and choice of food with less indulgence are expected to drive the potato processing market growth. The global market for potato processing is anticipated to vary due to its high dependency on a steady supply of potato varieties at a reasonable value for continuous processes. Concerns related to health associated with the consumption of processed potatoes such as diabetes and obesity, along with high costs incurred for storage and transportation can pose as a restraint for the market growth. Based on application, the market is segmented into snacks, ready-to-cook & prepared meals, and others (food additives in soups, gravies, bakery, and desserts). The consumption of processed potato products in ready-to-cook & prepared meals application is estimated to account for the largest market share in 2017. Processed potato products used in ready-to-cook & prepared meals is a booming market due to the increase in consumer preference for convenience food products, busy work schedules, and on-the-go consumption habits. Apart from ready-to-cook & prepared meals, processed potato products also find applications in the snacks segment, such as potato-based snacks with low carbs, low salt, air-dried, baked products with a number of flavors, which also drives the demand for potato processing market. Some of the key players in the Potato Processing market are Intersnack Group GmbH & Co. Kg, The Kraft Heinz Company, Idahoan Foods LLC, Aviko B.V., Leng-D’or, The Little Potato Company Ltd, Limagrain Céréales Ingrédients, Agrana Beteiligungs-AG, Farm Frites International B.V., Mccain Foods Limited, Agristo NV, J.R. Short Milling Company, Lamb Weston Holdings, Inc and J.R. Simplot Company. Processed Potatoes Market The global processed potatoes market to grow at a CAGR of 4.88% during the period 2017-2021. The latest trend gaining momentum in the market is growing focus on expanding production capabilities for potato processing. To cater to the growing global demand for processed potato products, manufacturers are focusing on expanding their production capabilities. They are finding tremendous growth opportunity in all global markets owing to the rising consumer preference for on-the-go snack products. The increase in production capacity ensures that they are well-positioned to cater to customers' growing needs across markets. Changes in consumer lifestyle, increase in disposable income, and growth in demand for convenient and easy-to-prepare food have led to higher consumption of packaged processed potato products. To cater to this higher demand, manufacturers are expanding their production facilities, which will lead to an increase in the overall growth and revenue of the global packaged processed potato products market. The sector has witnessed steady growth globally in recent years with the mushrooming of convenient stores, specialty stores, hypermarkets, and supermarkets. Supermarkets and hypermarkets form one of the most popular distribution channels of packaged products, including packaged processed potato products. Discounted prices, attractive shelf displays, and pleasant shopping experiences are some of the factors that attract consumers to supermarkets and hypermarkets. Growing internet use globally has also given a boost to online retailing, which is boosting the growth of the global packaged processed potato products market. Indian Frozen Potato Products Market Potato is one of the most produced and consumed crops in India and forms an important part of the regular diet. It is consumed in the form of different snack foods as well as elaborate dishes. Some of the most popular potato snacks include wedges, fries, patties, etc. In recent years, the demand for frozen potato products in India has increased on account of their introduction by various national and multinational companies. Additionally, frozen potato products have rapidly gained prominence in the country as they are convenient to cook and come in a large variety of flavours and shapes. The biggest factor catalysing the growth of the frozen potato products market is the expansion of fast food service restaurants, such as Subway, McDonald’s, Burger King, KFC, etc., in the country. Moreover, introduction of new product variants with different flavours have attracted a larger consumer-base for frozen potato products, in turn, boosting the growth of the market. Busy lifestyles, inflating income levels and high purchasing power of the consumers in the region have further created a shift towards easy-to-cook food products, thereby maintaining the growth prospects of the market. Looking forward, the market value is projected to reach US$ around 1,631 Million by 2024, expanding at a CAGR of 12.5% during 2019-2024. In recent years, the demand for frozen potato products in India has increased on account of their introduction by various national and multinational companies. Additionally, frozen potato products have rapidly gained prominence in the country as they are convenient to cook and come in a large variety of flavours and shapes. In recent years, the demand for frozen potato products in India has increased on account of their introduction by various national and multinational companies. Additionally, frozen potato products have rapidly gained prominence in the country as they are convenient to cook and come in a large variety of flavours and shapes. 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Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Tyre Retreading Business

Tyre Retreading Business. Retread Tire. Start an Automobile Tyre Retreading Industry Retreading tires is the process of restoring old tires so that they can be used in automobiles. The process is technology-driven where the worn-out and damaged threads are replaced with new treads. Tyre retreading can be done using 2 methods – cold process and hot process. Currently in India retreading is done 50% by the organized sector and the remaining 50% by the unorganized sector. Tyre Retreading is a new technology. After applying this method the old tyres become serviceable and usable. The part of the tyre that comes in contact with the surface of the road is known as the tread. The tread is an integral part of the tyre and is responsible for providing traction. New treads are available in the market. In brief, in can be put on an old tyre and cured with the help of steam. Similar to the new tyres, the treated tyres can be very well used on all vehicles, irrespective of light or heavy vehicles. With a safe and new technology, which is being adopted nowadays, it will be more easy and economical to produce tyres. Recently a new technology has been developed called “Precured Tread Rubber Retreading Process” which is commonly known as “Cold Process Retreading”. As in most parts of the world, tyre retreading in India is done extensively for commercial vehicles such as trucks and busses. The primary reason for retreading tyres is to save operational costs as applying a new tread can be done at less than half the cost of a new tyre. With further growth of the economy, there will be an increased numbers of vehicles in transport as well as passenger vehicles and hence more tyres will be required. Hence, there is a very wide scope for retread tyres as an original replacement. The retreading tyre industry for the commercial vehicle segment is poised for growth in India, fuelled by the increase in the number of vehicles, rising tyre costs, the advent of radial tyres, better roads and the introduction of multi-axle heavy duty vehicles. Advantages of Retreading of tyre: There are several advanges of retreading such as: • Retreads are quite safe and are being used in all kind of vehicles nowadays. May it be taxis or trucks, school buses or military vehicles, retreading is being used in all of them. • Retreading is highly environment friendly. When the existing tyres are made ready for further use, the manufactures save landfill space. Also, it reduces carbon dioxide emmission and saves millions of gallons of oil which is required to manufacture new tyres. • There are many economic benefits of retreading as the retreaded tyres are less pricey in comparision with the new ones. This definitely helps to save a considerable amount of money. • Retread process is not responsible for spreading large chunks of rubber on the roads and highways. It happens due to abuses like tyre failure, caused by road hazards, tyre blasts and overloading to both new tyres and retread ones. • They cost almost 30 – 50 % less than the price of a new tire. • It is a low-cost production process – for making the new tires 80% natural rubber is used whereas for retreading only 25% of natural rubber is consumed. • Properly retreaded tires have almost the same life as the new tires. • The investment is comparatively less. The major part of the investment is involved in buying expensive machinery and molds • Retreading extends the life of used tires thus making the entire process of tire making recyclable. Market Outlook Retreading tires is the process of restoring old tires so that they can be used in automobiles. The process is technology-driven where the worn-out and damaged threads are replaced with new treads. Tyre retreading can be done using 2 methods – cold process and hot process. Currently in India retreading is done 50% by the organized sector and the remaining 50% by the unorganized sector. India’s retreading industry is estimated to be worth more than US$ 1 billion (INR 5,000 crore annually) with roughly 20,000 retreaders scattered in the organised and unorganised sector. Retread tire market is forecast to grow from $ 9.6 billion in 2017 to more than $ 11.5 billion by 2023 globally. Though the market witnessed a slight decline during 2013-2017, owing to growing penetration of cheaper Chinese tire, retread tire sales are expected to recover in the coming years backed by growing consumer acceptance of retread tires and rising prices of new tires. Moreover, growing sales of commercial vehicles on account of rising infrastructure development and construction activities across the globe is further anticipated to push demand for retread tires, globally. Additionally, retread tire market is anticipated to be positively influenced by increasing number of technological advancements during the forecast period. The global retread tires market can be segmented on the basis of vehicle type into passenger car, light commercial vehicle, heavy commercial vehicle and off road vehicle. On the basis of vehicle type, the heavy commercial vehicle segment is anticipated to continue to dominate the global market in terms of value over the forecast period. The demand for retread tires in heavy commercial vehicles is estimated to grow at a relatively high CAGR as compared to other vehicle types over the forecast period. This segment is expected to represent a total incremental opportunity of US$ 2,228.1 Mn between 2018 and 2028. The global retread tires market remains positive and the market value is expected to increase at a CAGR of 4.6% during the forecast period (2018 - 2028). Among the end use segments of the retread tires market, the heavy commercial vehicles segment is expected to expand with a significant CAGR in terms of value as well as volume over the forecast period. Automotive production is expected to be higher in emerging economies as compared to that in developed economies. This can mainly be attributed to increasing urbanization and stable economic conditions in these regions. During the forecast period, the fleet on road is also expected to rise with a modest CAGR, thereby providing marginal opportunities for the growth of the retread tires market over the forecast period. Continuously growing vehicle PARC is another major factor which will increase the demand for replacement of tires and thus, will drive the demand for retread tires. Large fleet owners of commercial vehicles prefer tire remolding to ensure cost effectiveness. Hence, growth in automobile, forestry and construction is expected to create healthy growth opportunities for the retread tires market. Some of the major players operating in retread tire market worlwide are Elgi Rubber Company Limited, INDAG RUBBER LIMITED, MRF PRETREADS, Vipal Borrachas, Marangoni S.p.A., Bridgestone Bandag, LLC, Michelin Retread Technologies, Goodyear Tire & Rubber Company, Midas Rubber India Private Limited and Sun Tyre Industries. Tags #Tyre_Retreading, #Tyre_Retreading_Process, #Retread_Truck_Tyre, Retread Tire, Process of Retreading, Tyre Retreading Process Pdf, #Truck_Tyres_Retreading_Process, Tyre Retreading Industry in India, #Tyre_Retreading_Business, How to Start Tyre Retreading Business in India, Indian Tyre Retreading, Tyre Retreading Industry, Retread Industry in India, How Profitable is Tyre Retreading Business in India? Tire Retreading Business, Tyre Retreading Plant, Retreading Business, #Start_a_Tire_Retreading_Business, Project Report on Tyre Retreading, #How_to_Start_Tyre_Business_in_India, Tyre Retreading Project Report, Profile on the Production Retreaded Tyre, #Tyre_Retreading_Sector, #Detailed_Project_Report_on_Tyre_Retreading, Project Report on Tyre Retreading, Pre-Investment Feasibility Study on Retreading Business, Techno-Economic feasibility study on Tyre Retreading, #Feasibility_report_on_Tyre_Retreading_Industry, Free Project Profile on Retreading Business, Project profile on Tyre Retreading Industry, Download free project profile on Tyre Retreading, Start a Tyre Retreading Business, Tyre Industry, Tyre Retreading Business Plan, Tyre Retreading Project, Start an Automobile Tyre Retreading Industry
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Biodiesel Production from Algae

Biodiesel Production from Algae. Algae Fuel Manufacturing Business. Investment Opportunities in Biofuel Manufacturing Industry Algae are photosynthetic organisms that live under water. Biodiesel production from algae has the potential of considerably larger amounts of fuel in terms of growth area. The amount of agricultural land needed is reduced to 5%. Biodiesel is used in diesel engines, and is thus different from the waste and vegetable oils used to fuel converted diesel engines. Blends of biodiesel are also used as heating oil in space heating applications. Biodiesel is oil from plants or animals used as an alternative to or blended with petroleum diesel in automobiles and industrial fleets with diesel engines. Easy to Use One of the great advantages of biodiesel is that it can be used in existing engines, vehicles and infrastructure with practically no changes. Biodiesel can be pumped, stored and burned just like petroleum diesel fuel, and can be used pure, or in blends with petroleum diesel fuel in any proportion. Power and fuel economy using biodiesel is practically identical to petroleum diesel fuel, and year round operation can be achieved by blending with diesel fuel. Blending and Switching with Diesel Fuel Biodiesel can be used 100% (B100) or in blends with petroleum diesel fuel. When biodiesel is first used in a vehicle, it may release fuel tank deposits which can lead to fuel filter plugging. After this initial period, a user can switch between biodiesel and petroleum diesel whenever needed or desired, without modification. Biodiesel as a transportation fuel Most of the trucks, buses, and tractors in the United States use diesel fuel. Diesel fuel is a nonrenewable fuel made from petroleum. Biodiesel is a renewable fuel that is made from vegetable oils, grease, and animal fats. Using biodiesel fuel produces less pollution than using petroleum diesel fuel. Any vehicle that operates on diesel fuel can use biodiesel. Advantages of Biodiesel as Fuel • 75% cleaner than conventional diesel fuel. • Reduces unburned hydrocarbons, carbon monoxide and particulate matter in exhaust fumes. • Contains no sulphur. • Emissions are nearly 50% less than conventional diesel fuel. • Doesn’t cause eye irritation • More biodegradable than sugar and less toxic than table salt. • Fuel economy is the same as conventional diesel fuel. • Much better lubricant than conventional diesel fuel and extends engine life • High cetane rating, which improves engine performance. • 1% biodiesel will increase lubricity by 65% • Biodiesel can be produced from any fat or vegetable oil, including waste cooking oil. Market Outlook The global biodiesel market is expected to reach USD 54.8 billion by 2025. The key factors for the growth of this market are minimizing storage issues with stability and transportation issues with high cost of delivered fuel compared to fossil fuels; it can reduce the ecological problems such as global warming, greenhouse effect and pollution. The growth in the global biodiesel market can be attributed to the proactive implementation of biofuel policies in various nations including US, Argentina, Brazil, and Indonesia. The regulations regarding the formulation of fuel in these regions are expected to increase the share of biodiesel, thereby increasing the demand. The global biodiesel market is slated for a huge growth in the next few years, not only because of the growing environmental concerns, but also because of the surging prices for non-renewable sources of energy, such as petroleum. Governments are enhancing the use of biodiesel across the globe and many countries have initiated merging of conventional diesel with a percentage of biodiesel. In biodiesel market by verticals, biodiesel is used as a fuel in many verticals including automobile, marine, railway, and agriculture industries, in pure form B100' or by forming blends with conventional petroleum diesel. These blends are B2', B5' and B20', which include 2%, 5%, and 20% biodiesel, respectively. Biodiesel has a higher lubricity (50:1) than that of traditional petroleum diesel. This belonging of biodiesel encourages its use in the vehicle enterprise as it reduces wear and tear of the engine. The excessive cetane value of biodiesel additionally maximizes engine life by way of ensuring entire gasoline combustion and leaving no residue. Biodiesel is used in the marine industry also as it is a good material as a shipping fuel, being biodegradable, non-toxic and essentially free of sulphur and aromatics. The biodiesel market has been segmented based on the feedstock used for products such as vegetable oils, animal fats, biomass, and others (brown grease/ trap grease); and verticals such as automotive, aviation, industrial, marine, residential & commercial heating, power generation, and agriculture. Biodiesel contains no petroleum products, but it is compatible with conventional diesel and can be blended in any proportion with mineral diesel to create a stable biodiesel mix. Biodiesel is eco-friendly, non-toxic and basically free from sulfur; it is renewable and can be produced from plant resources and agriculture. Biodiesel is an alternative fuel, which has a correlation with sustainable development, environmental preservation, energy conservation, efficiency and management. Growth in food industry driving the production of feed stock made from residue of soybean oil, corn oil, canola oil and animal fats enabling the handiness of feed stock required for production of biodiesel which in turn is fueling the production of biodiesel over the forecast period. Moreover, favorable regulatory support for mandatorily blending of biodiesel in diesel fuel is projected to fuel the consumption of biodiesel. However, raw material availability and high cost of installation of biodiesel production plant are factors expected to hamper the growth of biodiesel market during the forecast period. Some of the major competitors of the global biodiesel market are Poet, Llc, Archer Daniels Midland Company, Flint Hills Resources LP, The Andersons, Inc., Raizen, Copersucar, and Abengoa. Other developing economies like Europe, China, Russia, and India are also experiencing steady development and are expected to show an increase in stability in near future. Emerging Biofuel Market in India Bio-diesel production is in rise day-by-day basis in India as well as foreign countries. The major reason behind the phenomena is the limited amount of petroleum product reservoirs. The Indian biofuel market has been consistently witnessing growth and developments for past few years. The Government of India is injecting huge amount of money and resources into the development of this sector in an attempt to reduce dependency on imported oil. High volatile oil prices and production levels have further enlightened the need for continuous developments of this sector. The Indian biofuel sector is expected to see robust growth in coming years. Currently, ethanol dominates the Indian biofuel sector, but biodiesel will soon join the commercial stream as the phase one of pilot projects has already been completed. Being at the initial stage, but with huge potential in terms of production, the Indian biofuel industry will prove to be a good option for biofuel producers. 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Biofuel Manufacturing, Biodiesel Manufacture in India, Biodiesel Manufacturing Plant, Biodiesel Production Business, Biodiesel Industry, Detailed Project Report on Biodiesel Production, fuel for the future, #Project_Report_on_Biodiesel_Production, Pre-Investment Feasibility Study on Biodiesel Production, Techno-Economic feasibility study on Biodiesel Production, Feasibility report on Biodiesel Production, Free Project Profile on Biodiesel Production, Project profile on Biodiesel Production, Download free project profile on Biodiesel Production
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Nitrous Oxide Production

Nitrous Oxide Production. Laughing Gas Manufacturing Business. Opportunities in Industrial and Medical Gas Production Nitrous oxide is mainly used as an inhalation anesthetic product in medicines. Administration of this product is primarily accompanied by simultaneous administration of a volatile agent such as ethrane, halothane, etc. This product is also used in high end super cars which also plays a major contributor to its demand. It is an excellent oxidizer that can support combustion to its maximum potential which no other gas can and hence has no substitute in this regard. Nitrous oxide itself is inflammable but is an excellent oxidizer that provides additional oxygen for the extra fuel to burn hence producing more power. It is used in combustion engines as the oxygen present in nitrous oxide causes combustion of fuels more rapidly. Nitrous oxide is also used in high tech thin film industries of LCD and semiconductor manufacturing. Nitrous oxide or laughing gas is a colorless and non-flammable gas with a slightly sweet odor, which is widely used for various medical and non-medical applications. Some of the non-medical end uses include racing cars, semiconductor industry, and food processing. In the medical industry, it is widely used in surgery and dentistry procedures as an analgesic and anesthetic. Upon inhaling, it has excellent euphoric effects and this property has led to its recreational use as a dissociative anesthetic. The use of nitrous oxide in the medical sector has a minimal impact on the environment. Nitrous oxide accounts for 5% of the total greenhouse effects, with only 1% of nitrogen oxide released into the atmosphere coming from medicinal use. Nitrous oxide is produced commercially by heating ammonium nitrate to a higher temperature. A channel with washers and scrubbers subsequently eliminate water vapor with high oxides of ammonia, nitrogen and nitric acid, and the other impurities. Nitrous oxide is normally stored below its acute temperature and exists in liquid and vapor phases. Unlike cylinders comprising pressurized gas, the cylinder pressure remains constant until all the liquid nitrous oxide vaporizes. Nitrous oxide (N 2 O) is used in the food industry as a mixing and foaming agent (E942) in the production of whipped cream, 1, 2 and as a fuel booster in the motor industry. 3 It is also a familiar agent in obstetric, dental, emergency, and anaesthetic practice, where use is made of its analgesic and anaesthetic properties. However, nitrous oxide was used recreationally long before its medical potential was realized. Market Outlook Global nitrous oxide market is expected to grow from USD 789.2 million in 2017 to USD 1,441.2 million by 2026, at a CAGR of 6.2%. Increasing demand from various industries, especially from the medical sector, is helping the market gain tremendous momentum. In addition, rising prevalence of chronic diseases and growing geriatric population in major countries is further fueling the demand over the forecast period. Increasing demand for nitrous oxide from a wide range of industries especially from the medical sector is expected to drive its market. It’s a colorless gas with a sweet odor, also named as laughing gas and is non-flammable. It is a highly gas material that is produced from the thermal decomposition of ammonium nitrate. Considerable pervasiveness of several types of chronic diseases and increasing number of geriatric population especially in Europe and North America are anticipated to be some potential implications for the product to experience higher demand in the next five to six years. Few of the non-medical applications of the product include semiconductors, food processing & packaging and premium automobiles among the major end-uses. By Application, medical segment is likely to witness significant growth over the forecast period owing to rising use of nitrous oxide gas in clinics, hospitals and dental clinics for various procedures. Nitrous oxide is nontoxic and stable in room temperature. It is safer to store and carry. North America accounted for largest market share followed by Europe. The region is poised to offer huge opportunities over the forecast period due to increasing prevalence of chronic diseases such as cancer, type 2 diabetes, stroke, heart disease, obesity, and arthritis. The Medical industry provides major share in Nitrous oxide market owing to its anesthetic and therapeutic properties. It is also used in small procedures like dressing of burns, debridement and wound suturing. In dental treatments it is used during tooth extraction procedures and it is used as a refrigerant in laparoscopy and cryosurgery. The global market for nitrous oxide is projected to surge in the coming years as it continues to be an integral part of many industries. Usually known as laughing gas, nitrous oxide is expected to be in demand for many medicinal and non-medicinal purposes in the forthcoming years. The growing demand for nitrous oxide in a wide range of industries such as electronics, food and beverages, and automotive has played a pivotal role in shaping the global market for this colorless gas. Rising demand from several enterprises, for example, food and beverages, automobiles, medical, and electronics are foreseen to be a trend setter, accelerating the growth of nitrous oxide market. Moreover, surging demand from Asia Pacific region, attributable to high predominance of chronic infections and growing of geriatric population base in major nations, for example, India and China, is profiting the general market. The nitrous oxide market is widely utilized in dentistry procedure and also used in surgery. These are major factors contributing towards growth of this market. The usage of nitrous oxide in medical industry has less impact on the environment. A growing prevalence of chronic disease is another factor expected to supplement growth of this market in the years to come. Apart from this, rising geriatric population is another aspect backing growth of the global nitrous oxide market. The key players in the nitrous oxide market include Praxair Technology, Inc.; Oxygen & Argon Works Ltd.; The Linde Group; Matheson Tri-Gas, Inc.; SOL Spa; Merck KGaA; Air Liquide; Airgas, Inc.; and Ellenbarrie Industrial Gases Ltd. are some of the key players engaged in extensive R&D and production of nitrous oxide. Moreover, Promas Engineers Pvt. Ltd., SS Gas Lab Asia, KVK Corporation. Tags #Nitrous_Oxide, #Laughing_Gas, Nitrous, #Nitrous_Oxide_(N2O), Nitrous Oxide (Laughing Gas), #Medical_Nitrous_Oxide, Medical Gas, Nitrous Oxide Uses, Nitrous Oxide Formula, #Happy_Gas, Nitrous Oxide Gas, How to Make Nitrous Oxide Laughing Gas, #Nitrous_Oxide_Production, Nitrous Oxide Plant, #Preparation_of_Nitrous_Oxide_(Laughing_Gas), #Dinitrogen_Monoxide, Manufacture of Nitrous Oxide, Production of Nitrous Oxide, Manufacture of Nitrous Oxide, Nitrous Oxide Industry, Nitrous Oxide Manufacturing Process, Nitrous Oxide Gas Plant, Process for Production of Nitrous Oxide, Nitrous Oxide Manufacturing, Manufacturing of Nitrous Oxide, Process of Manufacturing Nitrous Oxide, Nitrous Oxide Manufacture, Nitrous Oxide Manufacturing Plant, Detailed Project Report on Nitrous Oxide Production, #Project_Report_on_Nitrous_Oxide_Production, Pre-Investment Feasibility Study on Nitrous Oxide Production, Techno-Economic feasibility study on Nitrous Oxide Production, #Feasibility_report_on_Nitrous_Oxide_Production, Free Project Profile on Nitrous Oxide Production, Project profile on Nitrous Oxide Production, Download free project profile on Nitrous Oxide Production
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Ethylene Glycol Manufacturing Industry

Ethylene Glycol Manufacturing Industry. Chemical Business Ideas for Aspiring Entrepreneurs Ethylene glycol is a chemical commonly used in many commercial and industrial applications including antifreeze and coolant. Ethylene glycol helps keep car’s engine from freezing in the winter and acts as a coolant to reduce overheating in the summer. Other important uses of ethylene glycol include heat transfer fluids used as industrial coolants for gas compressors, heating, ventilating, and air-conditioning systems, and ice skating rinks. Ethylene glycol also is used as a raw material in the production of a wide range of products including polyester fibers for clothes, upholstery, carpet and pillows; fiberglass used in products such as jet skis, bathtubs, and bowling balls; and polyethylene terephthalate resin used in packaging film and bottles. Many of these products are energy saving and cost efficient as well as recyclable. In addition to its use in antifreeze, ethylene glycol is used as an ingredient in hydraulic fluids, printing inks, and paint solvents. It is also used as a reagent in making polyesters, explosives, alkyd resins, and synthetic waxes. Ethylene glycol is a synthetic liquid substance that absorbs water. It is odorless, but has a sweet taste. Ethylene glycol is used to make antifreeze and de-icing solutions for cars, airplanes, and boats. It is also used in hydraulic brake fluids and inks used in stamp pads, ballpoint pens, and print shops. Uses Ethylene glycol has been most notably used as antifreeze in heating and cooling systems. It's also been used as a de-icer for aircrafts as well as a de-icer for airport runways. Other uses or places for ethylene glycol include but are not limited to: • Within hydraulic brake fluids. • As a solvent (dissolves another substance) for paint and plastic industries. • To help make batteries • To manufacture synthetic fibers, like Dacron • To help make printer ink and ink for that ballpoint pen you recently used • The most common use of ethylene glycol is in antifreeze formulation. • Ethylene glycol also has a major use in the manufacture of polymers, namely polyethylene terephthalate (PET). • EG used in the manufacture of fibre glass, which is used in things like, jet skis, bowling balls, storage tank and bath tubes. • EG has been used to prevent and treat rot or fungi in wood. This is especially useful for museums where partially rotten wooden objects are displayed Market Outlook The global glycol market size was estimated at USD 30.41 billion in 2018. It is expected to expand at a CAGR of 6.7% from 2019 to 2025. Derivatives of glycol are used across a wide range of sectors that include automotive & transportation, food & beverage processing, heating, ventilation and air conditioning (HVAC), and polyester fibers. Ethylene glycol is a crucial raw material for the production of PET resins and polyester fibers, which is why one of the main contributors for the growth of this segment is the growing demand for PET bottles from the packaging industry. One of the major consumers and growth drivers of ethylene oxide market globally is monoethylene glycol (MEG). It finds application in areas such as the production of films, bottles, polyester fibers and resins, as well as an antifreeze liquid and cooling agent in the automobile industry. The key growth drivers of the market continue to be EG applications in packaging, polyester application in textiles, and as anti-freeze & coolants in automobiles. The growing demand will be further accentuated by capacity expansions in the Middle East and North America, with the Middle East contributing to a significant share in the export market. On the other hand, Europe and Asia would continue to experience a supply deficit of 6.6 MMT, and would be dependent on imports during the forecast period. Ethylene glycol is widely used as an antifreeze, coolant, and heat-transferring agent. In addition to its ability to bring down freezing point of fluids, the chemical also functions as a reagent in the production of polyesters, alkyd resins, synthetic waxes, and explosives. Furthermore, the ethylene-based glycols also find usage as an ingredient in printing inks, paint solvents, and hydraulic fluids. The most valued applications of the ethylene glycol market are polyester fibers, widely used in textile industries; PET resins, used for packaging of liquids and beverages in bottles; and automotive antifreeze, used in automobiles. The high demand across the industries for polyester fiber, PET resin, and automotive antifreeze will increase the overall ethylene glycol consumption. The top players including: • DOW Chemical • Huntsman International • Reliance Industries • SABIC Innovative Plastics • Sinopec • Akzonobel • BASF • Clariant • Shell • Ineos Oxide • Exxon Mobil Tags #Ethylene_Glycol, #Ethylene_Glycol_Production, #Mono_Ethylene_Glycol_Production, #Ethylene_Glycol_Manufacture, #Ethylene_Glycol_(EG)_Production_and_Manufacturing_Process, Ethylene Glycol Plant, Ethylene Glycol Production Pdf, Ethylene Glycol Uses, Mono-Ethylene Glycol Process Flow Diagram, #Production_of_Ethylene_Glycol, Chemical Industry, Ethylene Glycol Plant, Manufacturing Process of Ethylene Glycol, Ethylene Glycol Manufacturing, Manufacture of Ethylene Glycol, Process for Preparing Ethylene Glycol, Ethylene Glycols Industry, Preparation of Ethylene Glycol, Process for Preparing Monoethylene Glycol, Ethylene Glycol Production Process, #Ethylene_Glycol_(EG), Ethylene Glycol Manufacture in India, Mono Ethylene Glycol Manufacturing Plant, Ethylene Glycol Production Plant, Highly Profitable Chemical Business Ideas, Small Scale Chemical Business Ideas & Opportunities, Chemical Business Opportunities, #How_to_Start_a_Chemical_Industry, Chemical Business Ideas for Aspiring Entrepreneurs, Industrial Chemical Manufacturing Business, Lucrative Chemical Business Ideas & Opportunities, Business Ideas for Chemical Industry, How to Start a Chemical Business? 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NC Thinner Manufacturing Business

NC Thinner Manufacturing Business. Production of Nitro Cellulose (N.C.) Thinner N.C. Thinner is Nitro cellulose thinner. It is a mixture of esters, glycol, alcohol, aromatic solvents and ketones suitable diluents to all nitro products. It is manufactured for reducing lacquers before they are applied by different methods. Mainly used for solvent based nitro product. The thinner is best suited to all paints and coating that are nitro-based. It has been blended in exact proportion to reduce the lacquers before they are used on the intended surface. Used for cleaning purpose as well as in paint thinners. Normally paint thinner is used to remove oil-based paint from brushes, rollers, equipment, and surfaces. N.C. Thinner is used as a diluents in all nitrocellulose based coatings in all proportions. • Paint industry • Rubber industry • Ceramic industry • Textile industry • Detergent & plastics industry Features: • Longer shelf life • Accurate composition • Easy to use • Eco-friendly • Long lasting effect • Water proof • Fast drying property • Precise ph value • Perfect composition Advantage: • Quickly reduces the consistency of the lacquer to the required degree. • Improves film smoothness of lacquers when applied either by spray or dipping thus extending excellent finish. • No problem of smell and does not cause any irritation to skin even with long duration of usage • Quick drying property • Prevents milky effect of the surface (Use of Non-Alcoholic Thinner) • Lacquer driers without blushing, resin blush, pin holing and other surface defects. • No orange peel developed after the evaporation of NC Thinner, and therefore increase the tensile strength of the film along with its gloss. • NC Thinner has a certain action preventing milky effect of the surface. Market Outlook As the paint industry is a major consumer of thinners & solvents, and is expanding at a tremendous speed, it is very obvious that the demand of thinners, too, will increase tremendously. Global Paint Thinner market size will increase to Million US$ by 2025, from Million US$ in 2018, at a CAGR of during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Paint Thinner. The global Lacquer Thinner market was million US$ in 2018 and is expected to million US$ by the end of 2025, growing at a CAGR of between 2019 and 2025. India Paints & Coatings Market India paints & coatings market is projected to grow at a CAGR of 11.4% during 2018-2023, predominantly on account of growing investments in infrastructure and real estate construction projects. Moreover, demand for paints & coatings is likely to further increase in the coming years due to rising number of households, increasing purchasing power, and growing production and sales of automobiles in the country. Under the Government of India Smart Cities Mission, several existing cities and mostly smaller cities and towns are witnessing a boom in housing projects, hospitals and office spaces, thereby propelling demand for paints & coatings in the country. On the basis of application, the paints and coatings market is divided into three categories: industrial, marine, and architectural and decorative. The sales volume of paints and coatings is projected to grow at the fastest rate for industrial applications, with 5.5% CAGR during the forecast period. Rising demand for paint and coating solutions in the automotive, consumer goods, and manufacturing industries is aiding the market growth in this category. Some of the major players operating in India paints & coatings market are Asian Paints Ltd, Berger Paints India Limited, Kansai Nerolac Paints Limited, Akzo Nobel India Ltd., Shalimar Paints Limited, BASF India Ltd., Sheenlac Paints Ltd., Jotun India Pvt. Ltd., Jenson & Nicholson Paints Pvt Ltd, and Snowcem Paints, among others. Paints and Coatings Market The global Paints and Coatings market is valued at 178900 million US$ in 2018 is expected to reach 242700 million US$ by the end of 2025, growing at a CAGR of 4.5% during 2019-2025. The market growth is driven by the increasing demand for painting and coating solutions from the automotive, electronic, and construction industries, based on resin type, the paints and coatings market is categorized into acrylic, polyester, polyurethane, epoxy, and others (nylon, nitrocellulose lacquer, and polycarbonates). Rising demand from the construction industry is driving the growth of the paints & coatings market. Increasing demand from automotive, general industrial, marine, coil, wood, aerospace, rail, and packaging coatings is expected to further fuel the growth of the paints & coatings market during the forecast period. A major trend being witnessed in the paints and coatings market is the growing adoption of smart coatings. Besides, expansion in the construction industry, rising demand for automobiles across the world, and increasing requirement for paints and coatings in the oil and gas sector are the key factors contributing to the growth of the market. The growth in the global paints and coatings market is vastly attributed to strengthening production of several end-use industries include marine, automotive, aerospace, and building and construction. Growing number of construction projects worldwide is a major factor fueling the consumption of paints and coatings, which in turn is boosting the overall paints and coatings market. Some of the key players of the paints and coatings market include 3M Company, AkzoNobel N.V., Asian Paints Limited, Axalta Coating Systems, BASF Coatings GmbH, Chugoku Marine Paints, Ltd., Hempel A/S, Jones Blair, Kansai Paint Co., Ltd., Nippon Paint Co., Ltd., PPG Industries, Inc., RPG International Inc., Sherwin-Williams Company and Valspar Corporation. Tags #N._C._Thinner_Manufacturing_Plant, #NC_Thinner_Formulation, Manufacturing of NC Thinner, N.C. Thinner Manufacturing, #Thinners_Manufacturing, Paint Thinner, #Formulation_of_Thinners, NC Thinner Formulation Pdf, Thinner Manufacturing Process Pdf, Manufacturing and Formulations of NC Thinner, How to Make Paint Thinner, #Thinner_Manufacture, #NC_Thinner, NC Thinner Manufacture, Formula for Preparing NC Thinner, #Nitro_Cellulose_Thinner, NC Thinner Manufacture in India, NC Paint Thinner Production, Industrial Paint Thinner, Uses and Applications for Paint Thinner, Production Process of Thinner, Nitrocellulose (NC) Thinner, N. C. Thinner Manufacturing Business, Paint Thinners Manufacture, #NC_Thinners_&_Lacquer, Manufacture of Thinners, Detailed Project Report on N. C. Thinner Manufacturing, #Project_Report_on_N._C._Thinner_Manufacturing, Pre-Investment Feasibility Study on N. C. Thinner Manufacturing, Techno-Economic feasibility study on N. C. Thinner Manufacturing, #Feasibility_report_on_N._C._Thinner_Manufacturing, Free Project Profile on N. C. Thinner Manufacturing, Project profile on N. C. Thinner Manufacturing, Download free project profile on N. C. Thinner Manufacturing
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Coverall (Boiler Suits)

Coverall (Boiler Suits). Protective Coveralls and Boiler Suits for Industrial Professional. Workwear Industry Coveralls are used for a range of industrial purposes, ranging with treatments for anti-static, flame spread resistant properties, different colour options, and accessories. Historically, outside of the flight industry, coveralls were often used by men maintaining coal-powered boilers. These garment which is usually used as protective clothing when working. Boilersuit is a one-piece garment with full-length sleeves and legs like a jumpsuit, but usually less tight-fitting. Its main feature is that it has no gap between jacket and trousers or between lapels, and no loose jacket tails. It often has a long thin pocket down the outside of the right thigh to hold long tools. It usually has a front fastening extending the whole length of the front of the body up to the throat, with no lapels. It may be fastened with buttons, a zip, Velcro, or snap fasteners. Boilersuits with an attached hood are available. The word "boilersuit" may also refer to disposable garments. Boilersuits are so called because they were first worn by men maintaining coal-fired boilers. To check for steam leaks or to clean accumulated soot from inside the firebox of a steam locomotive, someone had to climb inside, through the firehole (where the coal is shovelled in). A one-piece suit avoids the potential problem of loosened soot entering the lower half of one's clothing through the gap in the middle. As the firehole opening is only just large enough for a fit individual to negotiate, a one-piece suit also avoids the problem of the waistband snagging on the firehole as one bends to wriggle through, or of jacket tails snagging if one has to come out backwards. Market Outlook The global Coveralls market was million US$ in 2018 and is expected to million US$ by the end of 2025, growing at a CAGR of between 2019 and 2025. Most industrial sectors like mining, chemical, military, hospitals, and energy services involve hazardous work environments that can cause fatalities in the workplace. To prevent workplace injuries and fatalities, workers exposed to such hazardous conditions require protective clothing like coveralls. Global protective clothing market was valued at $8,003 million in 2015, and is expected to reach $10,211 million by 2022, supported by a CAGR of 3.6% during the forecast period 2016 to 2022. All fabrics are protective to some extent but protective clothing are not only concerned to protect just from daily needs but also from situations where hazards or risks are present and that have the potential to be life threatening or pose considerable potential for injury or damage to the person working in and around the hazard. Protective clothes are designed to prevent the person and/or product from coming in contact with adverse elements of the environment, thus providing protection, and/or reducing the risk of exposure. Based on the industry, protective clothing can be of fire & heat resistant, chemical resistant, cold resistant, ballistic & mechanical resistant, and UV resistant. The demand for protective clothing is expected to witness significant growth owing to rising worker safety concerns in manufacturing, chemical, oil and gas, and construction sectors. Rising awareness to control industrial accidents and fatalities at workplace is expected to further propel the demand. Innovations by the industry players to improve chemical, cold, mechanical and ballistic, and fire resistance of these products is expected to have a positive impact on the market growth. Rising health concerns owing to exposure to harmful emissions and smoke coupled with increasing mishaps, particularly in oil and gas and mining industry are likely to support the product demand. Increasing number blue-collar workforce in construction and manufacturing industries is further projected to propel the demand for protective clothes over the forecast period. The rising concerns regarding the safety of workers coupled with the increasing stringency of government regulations are by far the leading factor driving the global protective clothing market. The booming demand for multifunctional protective clothing from end-user industries is also propelling the market. Furthermore, the rapid industrialization along with improving economic conditions in emerging countries is providing a significant boost to the growth of the market. On the flip side, the research and development of protective fabrics require hefty funds, which adds to the overall price of protective clothing. Therefore, their high cost is hampering the growth of the market. Tags #Coverall_(Boiler_Suits), #Boiler_Suits, #Boiler_Suits_Manufacture, #Coverall_Boiler_Suit, #Workwear, Boiler Suit Coverall, #Boiler_Suits_Manufacturing, Industrial Boiler Suits, #Safety_Boiler_Suit, Industrial Garments, Industrial Safety Garment, Suit Manufacture, #Industrial_Coverall, Workwear Apparel & Uniform, Industrial Coverall Uniforms, #Safety_Suits, Boiler Safety Suits Manufacture, Protective Clothing, Industrial Protective Clothing, Safety Apparels, Industrial Clothing, Industrial Uniforms, Safety Wear, Manufacturing of Protective Clothing, Detailed Project Report on Boiler Suits Manufacturing, Project Report on Boiler Suits Manufacturing, Pre-Investment Feasibility Study on Coverall (Boiler Suits), Techno-Economic Feasibility Study on Boiler Suits Manufacturing, #Feasibility_Report_on_Coverall_(Boiler_Suits), Free Project Profile on Coverall (Boiler Suits), Project Profile on Boiler Suits Manufacturing, Download Free Project Profile on Coverall (Boiler Suits), Protective Coveralls and Boiler Suits for Industrial Professional, Workwear Industry, Industrial Workwear, Protective Workwear, Workwear Apparel, Workwear, Factory Uniforms, Work Clothing Suit, Boiler Suit for Industrial Use, Coveralls Overalls & Safety Boiler Suits, Coveralls Overalls Boilersuits
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Return: 1.00%Break even: N/A
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Construction of Bungalow

Construction of Bungalow. Real Estate and Infrastructure Industry Bungalow is a one-story house, cottage or cabin. Bungalows are generally small in terms of square footage, but it is not uncommon to see very large bungalows. Bungalows were originally designed to provide affordable, modern housing for the working class. Bungalows are most often one-story houses, although they often also include an additional half story, usually with a sloped roof. There are various types of bungalows, including raised bungalows that have basements partially above ground to let in additional sunlight. There are also some that branch away from the original definition by adding additional levels such as lofts and half levels. Common features of the bungalow include a dormer window and a veranda. The real estate sector is one of the most globally recognized sectors. Real estate sector comprises four sub sectors - housing, retail, hospitality, and commercial. The growth of this sector is well complemented by the growth of the corporate environment and the demand for office space as well as urban and semi-urban accommodations. The construction industry ranks third among the 14 major sectors in terms of direct, indirect and induced effects in all sectors of the economy. Real estate sector in India is expected to reach a market size of US$ 1 trillion by 2030 from US$ 120 billion in 2017 and contribute 13 per cent of the country’s GDP by 2025. Retail, hospitality and commercial real estate are also growing significantly, providing the much-needed infrastructure for India's growing needs. The construction of commercial houses, residential housing, and business spaces, such as hotels, restaurants, theaters, and industrial buildings, namely factories and government buildings, are all covered by the real estate sector. Real estate also involves activities such as the purchase, sale, and development of land. Thus the real estate activities encompass both construction and housing sectors. The unprecedented growth in the Indian industrial real estate sector is fuelled by two important forces. First, the fast expansion of the Indian industrial sector has created a large demand for manufacturing and office buildings. Second, the liberalization policies of the government of India have simplified the investment process by reducing the need for permissions and licenses for starting any large construction project. The construction industry is next in line after agriculture in India which makes for about 11% of India as GDP. Thereby making a significant contribution to India’s economy and provides employment. This is because of the linkages that the sector has with other sectors of the economy. About 250 ancillary economical areas such as cement, steel, brick, timber and building material are dependent on the construction industry. A unit increase in expenditure in the construction sector has a multiplier effect with a capacity to generate income as high as five times. The major segments in the construction industry consist of real estate construction which includes residential and commercial construction; infrastructure development which includes roads, railways, power, etc; and industrial upliftment that encompasses oil and gas refineries, pipelines, textiles, etc. The Indian construction industry is predicted to grow at an average rate of 6.4% between 2018 and 2023. Residential construction is expected to remain the largest market over the forecast period, accounting for 30.1% of the industry’s total value in 2023. India’s construction industry is expected to continue to expand over the forecast period (2019–2023), driven by the government’s efforts to develop the country’s infrastructure and improve housing sector. The global real estate market is expected to generate a revenue of USD 4,263.7 billion by 2025. Factors such as the increasing demand for housing real estate space, rapid urbanization through migration in search for better amenities. Rapid economic development in the developing regions and countries like India, China, and many African countries has enhanced income levels and helped in the real estate market. The market is driven by rapid urbanization through migration to find better amenities thus increasing the demand for urban home spaces. Real estate spaces for commercial, retail, industrial and healthcare infrastructure are in high demand with increasing urbanization. Tags #Bungalow_Construction, #Construction_Service, #Bungalow_Construction_Service, #Construction_of_Bungalow, #Residential_Apartment_Construction, House Construction, #Cost_of_Construction_of_a_Bungalow/Apartment, Residential Bungalow Construction, Construction Business, How to Start a Construction Business, #How_to_Start_a_Construction_Business, How to Start My Own Small Construction Business, Construction Industry, Construction Business Ideas, Profitable Construction Business Ideas, Best Construction Business Ideas, #Residential_Construction_Business_Ideas, Construction Business Ideas for Beginners, Construction Startup Ideas, Innovative Construction Business Opportunities, Lucrative Construction Business Ideas, Business Opportunities in Residential Construction, Construction Startup, Building and Construction Business Opportunities, Residential Bungalows, Detailed Project Report on Bungalow Construction, #Project_Report_on_Bungalow_Construction, Pre-Investment Feasibility Study on Bungalow Construction, Techno-Economic feasibility study on Bungalow Construction, #Feasibility_report_on_Bungalow_Construction, Free Project Profile on Bungalow Construction, Project profile on Bungalow Construction, Download free project profile on Bungalow Construction
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Return: 1.00%Break even: N/A
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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