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

Agriculture & Horticulture: Project Opportunities in Jammu & Kashmir

 

PROFILE

Agriculture Sector of Indian Economy is one of the most significant part of India. Agriculture is the only means of living for almost two-thirds of the employed class in India. About 65% of Indian population depends directly on agriculture and it accounts for around 22% of GDP. Agriculture derives its importance from the fact that it has vital supply and demand links with the manufacturing sector. The agriculture sector of India has occupied almost 43 percent of India's geographical area. Agriculture is still the only largest contributor to India's GDP even after a decline in the same in the agriculture share of India

RESOURCES

Paddy, wheat and maize are the major crops of Jammu & Kashmir. Barley, bajra and jowar are cultivated in few parts. Gram is grown in Ladakh. The horticulture industry in Kashmir has become the safeguard of rural economy in the State, providing job facilities to the thousands of people directly and indirectly. The major horticulture items are apple, pear, cherry, walnut, almond, peaches, saffron, apricot, strawberry and plum. About 80 per cent population of the State depends on agriculture. The area under orchards is 242 lakh hectares. The State produces fruit worth Rs 2,000 crore annually including export of walnuts worth Rs. 120 crore. Jammu and Kashmir State has been declared as Agri Export Zone for apple and walnuts. Market Intervention Scheme has also been launched for improving quality fruit for export by ensuing proper grading.

The State is suitable for growing variety of flowers since it has perfect agro-climatic conditions. The floriculture industry in the State offers a good source of supply to the domestic and international market. There is potential for this activity to be propagated on a commercial basis.

GOVERNMENT POLICIES:

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 Government of India (GOI) uses a variety of policy instruments in attempting to achieve these goals, including:

•        Domestic subsidies to inputs, outputs, transportation, storage, and consumption to reduce producer costs and consumer prices

•        Border measures such as subsidies, tariffs, quotas, and non-tariff measures to protect domestic producers from import competition, manage domestic price levels, and guarantee domestic supply.

Handicraft: Project Opportunities in Jammu & Kashmir

PROFILE:

India is one of the important suppliers of handicrafts to the world market.  The Indian handicrafts industry is highly labour intensive cottage based industry and decentralized, being spread all over the country in rural and urban areas.  Paintings, furniture, sculptures, artificial jewellery, animal figures, figurines of deities and idols, baskets, and many more items have been complimented as the pride of India. The Handicrafts Sector plays a significant & important role in the country’s economy.

RESOURCES:

Handicraft is the traditional industry of the State and has been of crucial importance given its large employment and export potential. Some of the items of industry are papier-mache, woodcarving, carpets, shawl making, embroidery etc. The handicrafts industry, particularly the carpet industry, has been a source of substantial foreign exchange. It provides employment to about 3.40 lakh artisans. The number of industrial units has also gone up. Jammu has Urban Haats, while a similar Haat is being commissioned in Srinagar. An Export Promotion Industrial Park has been established at Kartholi, Jammu. A similar Park is being set up at Ompora, Budgam. A pashmina dehairing project assisted by the United Nations Development Programme (UNDP) is coming up in the Leh industrial estate of the State.

GOVERNMENT POLICIES:

During the Xth Plan the Government of India has implemented seven generic schemes in the central sector for holistic growth and development of handicrafts sector in the country.  The Sub-Group on handicrafts recommended six generic schemes for development of handicrafts in the country to be implemented during the 11th five year plan. The schemes recommended for implementation during 11th five year plan are as under:

Baba Saheb Ambedkar Hastshilp Vikas Yojana: This scheme aims to promote Indian handicrafts by developing artisans’ clusters into professionally managed and self-reliant community enterprise on the principles of effective member participation and mutual cooperation.  The thrust of the scheme is on a project based, need based integrated approach for sustainable development of handicrafts through participation of crafts persons. 

 

Livestock: Project Opportunities in Jammu & Kashmir

PROFILE:

Livestock sector plays a critical role in the welfare of India's rural population. It contributes nine percent to Gross Domestic Product and employs eight percent of the labour force. 70% of livestock market in India is owned by 67% of small, marginal farmers and by the landless. 60% of livestock farming labor is provided by women and more than 90% of work related to care of animals is rendered by womenfolk of the family. Indian Livestock is reared in close human proximity where they form component of the life system of the people. Cows, buffaloes, bullocks, mule and donkeys are not just utility animals, but also companions at work for the toiling poor who rear them alongside their own dwelling. India has 53% of world Buffalo population and 15% of world Cattle population. In terms of sheep population, India ranks fifth after Australia, China, Iran and New Zealand.

RESOURCES:

In Jammu and Kashmir, animal husbandry plays a significant role as 0.13 per cent of gross domestic product (GDP) of the state is contributed by this sector. The state has a precious wealth of livestock in form of cattle-buffalo, sheep, goats, poultry, etc. The cattle and poultry amongst all the livestock are considered the most important tool for the development of the rural economy. The production of pashmina shawls and other animal products like carpets, shawls and blankets of Kashmir earn handsome foreign exchange for the nation. Therefore livestock industry in the state has vast scope for development rendering quick economic returns.

GOVERNMENT POLICIES:

The Indian government has collaboration and policies to provide guidance for a more holistic planning, implementation and monitoring of animal husbandry projects. Following plans have also been made:

•        Also, the government has planned to assure a sound Natural Resource Management (NRM) Sphere co-ordination and implementation at country level for SDC.

•        Create / enhance synergy between the activities of the Livestock production and Dairying (LPD) and Sustainable Land Use (SLU) sectors

•        Enlarge the scope for new and innovative interventions and for support to technical development and technology transfer.

•        Promote and support validation, documentation and dissemination of experiences in order to contribute to the process of knowledge management in SDC and Inter cooperation (IC) and to strengthen inputs for policy and strategic dialogue with partners and actors in the NRM Sphere

 

Tourism: Project Opportunities in Jammu & Kashmir

 

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. The tourism industry in India is substantial and vibrant, and the country is fast becoming a major global destination. India’s travel and tourism industry is one of them most profitable industries in the country, and also credited with contributing a substantial amount of foreign exchange. Indian Tourism offers a potpourri of different cultures, traditions, festivals, and places of interest.

RESOURCES:

Jammu and Kashmir is known as crown of India, adheres varieties of cultural, religious spots, adventure and sightseeing activities. It is famous for its towering snow clad mountains, bubbling streams, transparent and sparkling lakes, flower meadows, colourful orchards and rare fauna. All such features of Jammu and Kashmir have always attracted numerous tourists from all over the world. Tourism has emerged as an important and one of the major contributors to the State's economy. There are various places of tourist attraction in the State which are being visited by both foreign and domestic tourists. Kashmir Valley is described as the paradise on earth. Chashmashahi springs, Shalimar Bagh, Dal Lake, Dachigam, Gulmarg, Pahalgam, Sonamarg and Amarnath shrine in the Valley, Vaishnodevi shrine and Patnitop near Jammu and Buddhist monasteries in Ladakh are important tourist destinations. Ladakh festival in September and Sindhu Darshan in June are popular events. However, efforts are being made to support houseboat owners and develop village tourism in Jammu and Kashmir.

 

GOVERNMENT POLICIES:

In order to develop tourism in India in a systematic manner, position it as a major engine of economic growth and to harness its direct and multiplier effects for employment and poverty eradication in an environmentally sustainable manner, the National Tourism Policy was formulated in the year 2002. Broadly, the Policy attempts to:-

•        Position tourism as a major engine of economic growth;

•        Harness the direct and multiplier effects of tourism for employment generation, economic development and providing impetus to rural tourism;

•        Focus on domestic tourism as a major driver of tourism growth.

•        Position India as a global brand to take advantage of the burgeoning global travel trade and the vast untapped potential of India as a destination;

•        Acknowledges the critical role of private sector with government working as a pro-active facilitator and catalyst;

•        Create and develop integrated tourism circuits based on India’s unique civilization, heritage, and culture in partnership with States, private sector and other agencies; and ensure that the tourist to India gets physically invigorated, mentally rejuvenated, culturally enriched, spiritually elevated and feel India from within.

Sericulture: Project Opportunities in Jammu & Kashmir

PROFILE:

Sericulture, the technique of silk production, is an agro-industry, playing an eminent role in the rural economy of India. Silk-fibre is a protein produced from the silk-glands of silkworms. Of the total production of 2,969 tonnes of silk in India, as much as 2,445 tonnes is produced by the mulberry silkworms, Bombyx mori. India is the second largest producer of raw silk after China and the biggest consumer of raw silk and silk fabrics. An analysis of trends in international silk production suggests that sericulture has better prospects for growth in the developing countries rather than in the advanced countries.

RESOURCES:

Kashmir has been famous for its silk production since ancient past. Rajtrangni of Kalhana, Mahabharata and Ramayana establish that the sericulture was being practised in Kashmir from times immemorial.  Jammu and Kashmir produces the best quality Bivoltine Mulberry silk in the country due to its longer length better strength and shine mainly because of conducive climatic conditions. However out of total production of cocoons every year only 20-25% is being consumed within the State and the rest is exported. The estimated production of raw silk yarn is 92000 kg annually. As against this the State is importing spun silk as an item of raw material for different manufactures without clicking our conscience that the better silk could have been exported to others besides catering to the needs of the home industry.

GOVERNMENT POLICIES:

There are several centrally sponsored schemes for promotion and development of sericulture sector, through which Government of India has been undertaking different activities like:

 

•        creation of sericulture related infrastructure;

•        development of nurseries and farms;

•        expanding plantation areas;

•        providing technical know-how to the rearers in production and marketing of cocoons;

•        skill up-gradation and training programme, etc.

 

Fisheries: Project Opportunities in Jammu & Kashmir

PROFILE:

Fisheries sector occupies a very important place in socio-economic development in India. It has been recognized as a powerful income and employment generatoras it stimulates growth of a number of subsidiary industries and is a source of cheap and nutritious besides being a foreign exchange earner.

RESOURCES:

The State of J&K has a unique topography which divides the State in to 3 distinct agro climatic zones viz. the tropical Jammu Division, the temperate Kashmir Valley and the cold arid zone of Ladakh. The State is bestowed with the natural water resources spread over an area of about 0.40 lacs hectares existing in the shape of cold water torrential streams, Lakes, Rivers, Sars, Springs, Reservoirs besides about 250 high altitude Lakes. While the Jammu Division offers potential for development of Warm Water Fisheries, certain areas in the Districts of Kathua, Udhampur, Doda, Rajouri and Poonch also offer potential for the development of Cold water Fisheries and Mahaseer Fisheries. The Kashmir Valley including Ladakh region offers great potential for development of Cold Water Fisheries and the indigenous Icthyofauna.

GOVERNMENT POLICIES:

During the 10th Five Year Plan, emphasis was laid on the strengthening of the infrastructure existing in the shape of Fish Farms, Hatcheries, and other allied infrastructure. The Department has achieved break-through in cold water Fisheries and Food Fisheries. Fish Farming has been successfully introduced in the private sector under the Hon’ble Prime Minister’s Package and in this direction 454 units have been set up to provide employment avenues to the educated unemployed rural youth. During the Annual Plan 2009-10, the department has identified major thrust areas for overall development of fisheries in the State.

These include:-

i.        The existing infrastructure will be further strengthened. Under this programme, emphasis will be laid to increase the hatching and rearing capacity of existing Fish Farms and Trout Hatcheries.

ii.       Development of Recreational Fisheries by way of setting up of an Aquarium at Srinagar and completion of phase 2nd of Aquarium cum Awareness centre at Bagh-i-Bahu Jammu.

iii.      Extensive survey of areas especially in newly created districts will be conducted for establishment of new fish farming units of both Carp and Trout.

iv.      Sport Fisheries will be further strengthened and new trout streams will be established in the State particularly in Jammu division to increase the scope of trout angling in the State.

v.       Propagation of fish culture in private sector

vi.      Development of endemic fish fauna/hill stream fisheries.

vii.     To provide better marketing facilities for the fishermen.

 

Waste management and recycling: Project Opportunities in Jammu & Kashmir

PROFILE:

Rapid industrialization last few decades have led to the depletion of pollution of precious natural resources in India depletes and pollutes resources continuously. Further the rapid industrial developments have, also, led to the generation of huge quantities of hazardous wastes, which have further aggravated the environmental problems in the country by depleting and polluting natural resources. Therefore, rational and sustainable utilization of natural resources and its protection from toxic releases is vital for sustainable socio-economic development.

RESOURCES:

SMC has introduced dumpers replacing open collection sites in many areas but the dumpers are not colour-coded and no segregation of waste is carried out at source. Total waste generated is about 375 MT/day (within SMC limits). House-to-House collection of municipal solid waste is being undertaken in 25% of households in Srinagar city through Srinagar Municipal Corporation and some Non- Governmental Organizations (NGOs). Waste is being collected from hotels, restaurants, office complexes and commercial areas whereas slums in some areas are not provided with sanitation facilities. Waste from slaughter houses, meat and fish markets, fruits and vegetable markets which are bio-degradable in nature are not managed separately instead are dumped at the landfill site.

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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Shampoo & Creams

Shampoo is a hair care product, originating from the Indian subcontinent, typically in the form of a viscous liquid that is used for cleaning hair. Less commonly, shampoo is available in bar form, like a bar of soap. Shampoo is used by applying it to wet hair, massaging the product into the hair, and then rinsing it out. Some users may follow a shampooing with the use of hair conditioner. Shampoo is a product used for hair care and maintenance. Although shampoo was once considered a luxury, the product is widely available and pretty much a shower essential in the United States today. Different formulations of shampoo offer different benefits for individual needs. The global market for shampoos is boosting due to a rising prevalence of disorders related to hair such as dandruff, hair fall, oily hair, dryness of hair and itchiness and many others. The growth of shampoo market is also supported by a changing lifestyle and growing urbanization along with increasing environmental pollution. The consumers presently are more aware about their personal care and hygiene and will spend money in order to maintain their personal wellbeing. The global skin care products market is segmented on the basis of product and geography. Based on product, the market is bifurcated into face cream and body lotion. Face cream includes skin brightening creams, antiaging creams, and sun protection creams. Body lotion includes mass market body care lotion and premium body care lotion. The Global Skin Care Products Market generated revenue of $136,304 million in 2016, and is expected to grow at a CAGR of 4.5% to reach $194,961 million by 2024. Skin care involves practices that support skin integrity, enhance its appearance, and cure skin conditions. This area includes nutrition, avoidance of excessive sun exposure, and appropriate use of emollients. The top impacting factors in the global skin care products market include change in lifestyle patterns in emerging countries due to rapid urbanization, rise in awareness towards advanced skin care products, increase in demand for skin care products, new product innovation, high investments in emerging countries, and others. However, limited shelf life of the skin care product poses limitations to the market growth. The skin care products market is expected to witness significant growth during the forecast period, owing to changing lifestyle and rapid urbanization. Moreover, rise in awareness towards skin care by use of advanced skin care products and consumers shift towards use of skin care products to maintain their skin from getting damage and spoiled, due to climatic changes, boost the market growth. However, limited shelf life of skin care products and high price of natural and organic ingredients used in these products are expected to restrict the market growth.
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Latex Paints for Roof

Latex paint is easier to work with and dries more quickly, but it isn't quite as durable as oil-based paint. Latex is good for general painting projects such as walls and ceilings. Paint comes in a number of different finishes, from flat to high gloss. Some paints also contain enamel, an additive that makes the dried surface harder and less porous. Latex is a term applied to water-based acrylic, latex, or vinyl styrene paints. We call them that because they contain chains of man-made polymers that act like natural latex would: as binders. Global Latex Paints market size will increase to Million US$ by 2025, from Million US$ in 2017, at a CAGR of during the forecast period. Latex paint is a paint which covers all paints that are used in synthetic polymers such as vinyl acrylic (PVA), acrylic, styrene acrylic, etc. as binders. Latex paint is known as a misnomer because there is actually NO latex in latex paint. Latex paints are mostly used by decorative painters in many ways for which latex paints are not designed. Additionally, latex paints are used under slow-drying glazes which keep wet for long periods of time. Increasing global infrastructure and construction activity are the factors which are flourishing market growth over upcoming years. Also, latex paints are cost-effective which resulted in the rise in demand among consumer propelling the market growth. Furthermore, latex paints are water resistant so most consumers prefer for external home structures especially during rainy season, hence it led to an increase in demand. However, increasing demand for latex paints compared to oil paints among consumers across worldwide supports the growth of the market.
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Synthetic Ruby and Sapphire

Synthetic Ruby Synthetic rubies (also known as created, cultured, or lab-grown rubies) are created through an artificial process that usually involves high temperature and pressure. The popularity of rubies led scientists to create synthetic rubies in laboratories. Synthetic rubies contain almost the exact same chemical composition and physical properties as natural rubies, but are sold around the world for a fraction of the price of natural rubies. Synthetic rubies often appear brighter and more vivid than natural rubies. Sapphire Sapphire is a precious gemstone, a variety of the mineral corundum, consisting of aluminium oxide (?-Al2O3) with trace amounts of elements such as iron, titanium, chromium, copper, or magnesium. Sapphire is usually heat treated to intensify the blue color, as well as remove inclusions to increase clarity. It is standard industry practice to heat treat Sapphire gemstones, and most Sapphires used as gemstones have been heat treated. Sapphire with a natural, unheated color is much more valuable than the heat treated material, and gemstones of good quality can be extremely costly. Synthetic sapphire is evolving as a major industrial material due to its mechanical, optical, structural, thermal and chemical properties. Also, the availability of cheap synthetic sapphire is driving the use of this material in many industries. Synthetic sapphire is gaining increasing demand for production of windows owing to its extraordinary scratch-resistant properties and high-transparency to the wavelength of light.
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PVC Battery Separator

PVC Battery Separators in many different sizes suitable for Lead-Acid Batteries used in all kinds of applications like Automotive Batteries, Train Lighting batteries, Defence Wireless Batteries, Two-wheeler Batteries, Photoflash applications, and batteries for UPS and inverters. Global Battery Separator projected to grow at a CAGR of over 8%, in value terms, during 2018-2023. Growing usage of laptops, cell phones & other wireless electronics, increased investments, introduction of innovative technologies and expanding product portfolio are some factors, which are expected to propel demand for Battery Separator over the next five years. Battery separators are a vital part of a battery, and are required to deliver efficient performance while managing the weight and size of batteries as per manufacturers' requirements. Advancements in technology have led to improvements in battery cell chemistry, leading to a reduction in the weight of battery packs. The battery separator market has witnessed significant growth in recent years, owing to stringent regulations related to environment. Increasing population and industrialization, coupled with the increasing demand for electrically-operated vehicles and various advances done in the battery technology are driving the consumption of battery separators around the world.
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Necktie

A necktie, or simply a tie, is a long piece of cloth, worn usually by men, for decorative purposes around the neck, resting under the shirt collar and knotted at the throat. Variants include the ascot tie, bow tie, bolo tie, zipper tie, cravat, Knit Tie and clip-on tie. The modern necktie, ascot, and bow tie are descended from the cravat. Neckties are generally unseized, but may be available in a longer size. In some cultures men and boys wear neckties as part of regular office attire or formal wear. The necktie in India, is in all probability a tortured soul. Necktie a part of the formal wear of men and women is increasingly gaining popularity as a result of which many companies which include big names like Zodiac, Park Avenue and Pantaloons etc. and also a huge number of unorganized players are making their necktie brand available for sale.
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Medical Transcription Centre

Medical transcription, also known as MT, is an allied health profession dealing with the process of transcribing voice-recorded medical reports that are dictated by physicians, nurses and other healthcare practitioners. Medical reports can be voice files, notes taken during a lecture, or other spoken material. These are dictated over the phone or uploaded digitally via the Internet or through smart phone apps. Medical transcription can be defined as a process of transcribing or converting recorded dictations by physicians and/or other healthcare professionals regarding a patient's medical record into a written text. The global Medical Transcription Industry subject to witness a substantial growth due to the growing focus on automation of healthcare services and increasing adoption of advanced reporting techniques. The key factors responsible for the growth of medical transcription industry are reliability, portability, and cost-effectiveness. The medical transcription industry is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the adoption of latest technologies in medical sciences and existence of well-established healthcare infrastructure. Asia-Pacific region is predicted to hold major market share in the medical transcription industry with massive growth in forecast period.
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Lemongrass Oil

Lemongrass oil comes from the leaves or grasses of the lemongrass plant, most often the Cymbopogon flexuosus or Cymbopogon citratus plants. The oil has a light and fresh lemony smell with earthy undertones. It is stimulating, relaxing, soothing and balancing. Lemongrass oil is used as a pesticide and a preservative. The lemongrass oil has antifungal properties. Despite its ability to repel some insects, such as mosquitoes, its oil is commonly used as a "lure" to attract honey bees. Lemongrass oil can be used as a lure when trapping swarms or attempting to draw the attention of hived bees. Lemongrass oil market is segmented on the basis of the application, grade and regions. On the basis of lemongrass oil application market is segmented as pharmaceutical, cosmetics & personal care, and food and beverages. As Lemongrass oil possess high medicinal value and used in various treatments since history market demand in pharmaceutical segment is significantly high. Lemongrass oil is an important essential oil. As the demand for the aromatic cosmetics is increasing, the demand for this oil is also growing. Additionally, the awareness about the advantages of essential oils is growing among the Indian population. Furthermore, mass consumers are becoming conscious about the harmful effects of the chemical cosmetics and personal care products. On the basis of lemongrass oil application in cosmetic & personal care products, the product is used in soaps, deodorants, shampoos, conditioner, body lotion, air freshener and tonics. Lemongrass oil is an essential oil with fresh and citrusy fragrance, extracted from lemongrass. Lemongrass oil is anti-bacterial, anti-fungal, anti-depressant, anti-pyretic, antiseptic, and astringent.
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Viscose Rayon

Viscose is a type of rayon known as semi-synthetic fiber. It is manufactured from naturally occurring polymers. Viscose is manufactured from the solution of cellulose, primarily from wood pulp. Rayon is a fiber used in the manufacture of fabric. It offers properties similar to that of nylon. Viscose differs from other types of rayon due to its distinct manufacturing process and properties. Modal and lyocell are other types of rayon available in the market. Viscose rayon is produced from cellulosic materials such as wood pulp, bamboo and cotton linters. Viscose rayon is a versatile material that has multiple applications in textiles, apparel, nonwovens and industrial sectors. Its demand is expected to see a rise in India as well as globally in the coming years. India is the fastest growing economy in the world, and lower commodity prices have proved beneficial for the manmade fibre industry in India. Petroleum-based manmade fibre prices have also declined, which is giving tough competition to viscose. Demand for viscose fiber is anticipated to increase significantly in the near future due to the rise in global population, increase in standard of living, and growth in disposable income. Viscose is an eco-friendly product; thus, increase in awareness about eco-friendly products and decrease in production of cotton are estimated to augment the demand for viscose fiber. Prices of cotton are rising. This is adversely affecting the demand for cotton, as people are shifting toward substitutes. However, rise in competition from synthetic fibers and retaliatory tariff on viscose in the U.S. are projected to hamper market growth, especially in North America.
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Dibutyl Phthalate

Dibutyl phthalate (DBP) is an organic compound commonly used plasticizer. With the chemical formula C6H4 (CO2C4H9) 2, it is a colorless oil, although commercial samples are often yellow. Because of its low toxicity and wide liquid range, it is used as a plasticizer. Dibutyl phthalate is used in making flexible plastics that are found in a variety of consumer products. Dibutyl phthalate is a man-made chemical that is added to plastics and other chemicals. In plastics it helps keep them soft (a plasticizer). It is also used in elastomers, lacquers, explosives, printing inks, resin solvents, perfume oil solvents, paper coatings, adhesives, and nail polish. It is used as a solid rocket propellant. Nearly 5.5 billion tons of dibutyl phthalate is manufactured every year globally. Changing lifestyle of people, rise in usage of personal care products, and increase in penetration of FMCG products are some of the factors driving the demand for personal care products, especially in Asia Pacific. Demand for dibutyl phthalate is expected to rise in consumer and personal care products. Global dibutyl phthalate (DBP, CAS 84-74-2) market is anticipated to grow at a CAGR of 0.9% by 2023. Based on geography, the global dibutyl phthalate market can be segregated into North America, Asia Pacific, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to be a relatively attractive region for the dibutyl phthalate market during the forecast period.
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Ammonium Sulphate

Ammonium sulfate (NH4)2SO4, is an inorganic salt with a number of commercial uses. The most common use is as a soil fertilizer. It contains 21% nitrogen and 24% sulfur. Ammonium sulfate [(NH4)2 SO4] was one of the first and most widely used nitrogen (N) fertilizers for crop production. It’s now less common but especially valuable where both N and sulfur (S) are required. Its high solubility provides versatility for a number of agricultural applications. Moreover, its ability to be used as a food additive and purification agent are the major trends and factors affecting the market confidently. Therefore, they are used in various applications such as fertilizers, food additives, industrial, and others. The global market for ammonium sulfate is highly dependent on a number of factors such as the fertilizer industry and the stringent environmental regulations related to it. Ammonium sulfate is an inorganic salt which occurs naturally in volcanic fumaroles as a rare mineral, mascagnite. It is prepared by the treatment of ammonia, often as a by-product from coke-ovens with sulfuric acid. Ammonium sulfate is also produced by gypsum which is treated with ammonium carbonate solution to give the precipitate of calcium carbonate leaving ammonium sulfate in the solution. Increasing demand for nitrogen fertilizers is anticipated to one of the major growth factors driving the demand for ammonium sulfate. Ammonium sulfate, as a nitrogenous fertilizer competes with ammonium nitrate, ammonium phosphates, and urea. In addition, sulfur is becoming increasingly popular as a vital nutrient for plant growth owing to ability to synthesize vitamins, enzymes, proteins, amino acids and chlorophyll. It has found to be highly beneficial to a wide range of crops such as wheat, vegetables, rice, potatoes and corn. Global Ammonium Sulfate Market is expected to grow at a CAGR of 4.7% during the forecast period. Growing utilization of nitrogen fertilizers to boost the crop yields, rising demand for ammonium sulfate as a flame retardant, low cost of ammonium sulfate compared to ammonium chloride, increasing demand for ammonium sulphate from food and beverage industries, developing new bio-based fertilizers such as nitrogen fixation biofertilizers are some of the factors driving the market growth. However, harmful environmental issues associated with ammonium sulphate are hampering the market growth.
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Information
  • 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
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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About NIIR PROJECT CONSULTANCY SERVICES

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

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

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

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