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

Steel industry: Project Opportunities in Karnataka

 

PROFILE:

Steel Industry is a booming industry in the whole world. The increasing demand for it was mainly generated by the development projects that have been going on along the world, especially the infrastructural works and real estate projects that has been on the boom around the developing countries. India’s economic growth is contingent upon the growth of the Indian steel industry. Consumption of steel is taken to be an indicator of economic development. While steel continues to have a stronghold in traditional sectors such as construction, housing and ground transportation, special steels are increasingly used in engineering industries such as power generation, petrochemicals and fertilisers. India occupies a central position on the global steel map, with the establishment of new state-of-the-art steel mills, acquisition of global scale capacities by players, continuous modernisation and up gradation of older plants, improving energy efficiency and backward integration into global raw material sources.

RESOURCES:

Karnataka is the 3rd largest producer of steel in India with a current production level of 10.70 Million Tons per annum. Both alloy and non-alloy steel are produced and the product range includes basic steels like pig iron and sponge iron, ingot, blooms, billets, slabs, finished products like long products CTD & TMT (bars & rods), wire rod, sections, bright bars, CR/HR coils. The export of steel from Karnataka is around 0.96 Million Tons.

It is one among 6 major steel producing states. Karnataka is the 2nd largest in the country in terms of iron ore reserves and largest exporter of iron ore in the country. Hence, it can share more than 40% of the steel demand in India which is estimated as 124 million tons by 2011-12 and 50% of the exports of finished steel products. Based on this estimate, Karnataka can host a manufacturing steel base for more than 100 million tons capacity per annum.

GOVERNMENT POLICIES:

Under the new industrial policy, iron and steel has been made one of the high priority industries. Price and distribution controls have been removed  as well as foreign direct investment up to 100% (under automatic route) has been permitted.  The Trade Policy has also been liberalized and import and export of iron and steel is freely allowed with no quantitative restrictions on import of iron and steel items. Tariffs on various items of iron and steel have drastically come down since 1991-92 levels and the government is committed to bring them down to the international levels.  With the abolishing of price regulation of iron and steel in 92, the steel prices are market determined. The policy devises a multi-pronged strategy to achieve these targets with following focus areas; removal of supply constraints especially availability  of critical inputs like iron ore; improve cost competitiveness by expanding and strengthening the infrastructure in roads, railways, ports and power; increase exports; meet the additional capital requirements by mobilizing financial resources; promote investments by removing  procedural delays. In addition the policy also addresses challenges arising out of environmental concerns, human resource requirements, R&D, volatile steel prices and the secondary sector. 

 

Food processing: Project Opportunities in Karnataka

 

PROFILE:

India is the world's second largest producer of food next to China, and has the potential of being the biggest with the food and agricultural sector. The Indian food processing industry stands at $135 billion and is estimated to grow with a CAGR of 10 per cent to reach $200 billion by 2015. The food processing industry in India is witnessing rapid growth. In addition to the demand side, there are changes happening on the supply side with the growth in organised retail, increasing FDI in food processing and introduction of new products. India's food processing sector covers fruit and vegetables; meat and poultry; milk and milk products, alcoholic beverages, fisheries, plantation, grain processing and other consumer product groups like confectionery, chocolates and cocoa products, Soya-based products, mineral water, high protein foods etc.

 

RESOURCES:

Karnataka is poised to become the leading food processing hub in India. Clearly, the food processing industry is on the threshold of demand-led growth in the country and within the state of Karnataka. It says Karnataka boasts of specific supply strengths, giving the state a comparative advantage to become a leading food processing hub of the country. With 10 agro-climatic zones and land topography highly suitable for agriculture, Karnataka is one of the most agriculturally diverse states in India. It is estimated that about 83 per cent of the geographic area of the state is suitable for agriculture, of which 64.60 per cent is under agricultural cultivation. Consequently, Karnataka is the largest producer of ragi, sunflower, tomato, coffee and arecanut and the second largest producer of maize, safflower, grapes, pomegranate and onion. The state is also the largest producer of spices, aromatic and medicinal plants in the country. In addition, the state has a wealth of livestock and marine resources that augur well for processing of dairy, meat, fish and shrimp. Karnataka, the report points out, also takes pride in having a strong and expanding infrastructure base for setting up food processing facilities in the state.

GOVERNMENT POLICIES:

The promotion of Agro-based industries is among the priorities of the State Government. The state has assured supply of fruits & vegetables grown by applying scientific techniques, investment in post harvest and good transport infrastructure. The National Horticulture Mission (NHM) in the Jharkhand State was launched in late 2005-06 initially in 10 districts with main focus on production of planting materials, vegetable seed production, establishment of new gardens, creation of water resources etc. Establishment of new gardens include perennial and non perennial fruits, spices, floriculture, aromatic and medicinal plants. This scheme was 100 % sponsored by Central Govt. during 2005-06 and 2006-07 (Xth Five Year Plan). However, during 2007-08 and onwards (XIth Five Year Plan) this scheme has been implemented in 15 districts with the pattern of assistance as 85:15 by Central Govt. and State Govt. respectively. The Jharkhand government has decided to set up a food park to kick off the development of the food processing sector in the state and attract investors. In general very few small scale food processing industries are present in the state.

Textile: Project Opportunities in Karnataka

 

PROFILE:

The textile industry is primarily concerned with the production of yarn, and cloth and the subsequent design or manufacture of clothing and their distribution. The raw material may be natural or synthetic using products of the chemical industry. India Textile Industry is one of the leading textile industries in the world. Though was predominantly unorganized industry even a few years back, but the scenario started changing after the economic liberalization of Indian economy in 1991. The opening up of economy gave the much-needed thrust to the Indian textile industry, which has now successfully become one of the largest in the world

RESOURCES:

In Karnataka, the Textile Industry occupies a unique position in the economy of the state in terms of its contribution to industrial production, employment and exports. The textile sector contributes 0.50% of the GDP of the State. Karnataka under its Textile Policy of 2008-13 has planned to get investment worth Rs 9000 crore. Forty percent of such investments are planned to be directed towards the garment industry. The Karnataka government will establish fashion hubs and assist in market development and brand building. Specific incentives are also provided, like entry tax reimbursement, stamp duty reimbursement, up to 25% waiver on land acquisition charges, subsidy on power and capacity building support.

 

 

GOVERNMENT POLICIES:

The Ministry of Textiles in India has formulated numerous policies and schemes for the development of the textile industry in India. The government of India has been following a policy of promoting and encouraging the handloom sector through a number of programmes. Most of the schematic interventions of the government of India in the ninth and tenth plan period have been through the state agencies and co-operative societies in the handloom industries. Some of the major acts relating to textile industry include: Central Silk Board Act, 1948, The Textiles Committee Act, 1963, The Handlooms Act, 1985, Cotton Control Order, 1986, The Textile Undertakings Act, 1995Government of India is earnestly trying to provide all the relevant facilities for the textile industry to utilize its full potential and achieve the target. The textile industry is presently experiencing an average annual growth rate of 9-10% and is expected to grow at a rate of 16% in value, which will eventually reach the target of US $ 115 billion by 2012. The clothing and apparel sector are expected to grow at a rate of 21 %t in value terms.

 

Biotechnology: Project Opportunities in Karnataka

PROFILE:

The Biotechnology sector in India is one of the fastest growing sectors of the Indian Economy. As the sector is mainly based on knowledge, it is expected that it will play an important part in shaping the Indian Economy, which is developing at a rapid pace. The Indian Biotechnology sector holds immense potential in terms of research and development, skill and cost effectiveness.

RESOURCES:

Karnataka has successfully attracted the BioTech industry. Bengaluru, Karnataka is the capital for Biotech clusters in the country. Bangalore currently houses 92 of India's 180 biotech companies, with total actual investments of over Rs 1,000 crore, of which Rs 140 crore has been venture capital funding. The companies are encouraged to invest thanks to the presence of large R&D institutions like Indian Institute of Science and the National Centre for Biological Resources. However, it is sure to face a lot of competition from media savvy Hyderabad. Bangalore Helix is a biotech cluster being planned by the Karnataka government. Bangalore Helix would support biotech units with common infrastructure. It would comprise eight biotech incubators, covering a total area of 10,000 square feet. Excluding the cost of land (around Rs 60 crore) that has already been acquired, the cluster will involve an investment of Rs 100 crore. The infrastructure support would be comprehensive, right from advance computing facilities to treated water necessary for biotech infrastructure services.

GOVERNMENT POLICIES:

·         The Karnataka government has announced a biotech policy to promote this sector and is setting up an institute for bioinformatics in Banglore.

• In addition the state government is also creating a biotechnology fund that will have inflows from the biotech companies. This could be used for incubation of new projects and promotion of the sector in the state.

• Karnataka government is putting in Rs. 50 million and an equal amount is being brought by ICICI to develop the institute if bioinformatics in Banglore. Karnataka has planned to launch India's first state sponsored biotechnology venture capital fund to boost their initiatives.

·         Three 'biotech parks' are emerging in the state , namely 'university of Agricultural Sciences, Banglore; 'Institute of Agri-biotech in Dharwad ; and Institute of Biotechnology in Karwar.

 

 

 

Automobile: Project Opportunities in Karnataka

 

PROFILE:

The automotive industry in India is one of the largest in the world and one of the fastest growing globally. India's passenger car and commercial vehicle manufacturing industry is the seventh largest in the world, with an annual production of more than 3.7 million units in 2010. Automotive industry is the key driver of any growing economy. It plays a pivotal role in country's rapid economic and industrial development. It caters to the requirement of equipment for basic industries like steel, non-ferrous metals, fertilisers, refineries, petrochemicals, shipping, textiles, plastics, glass, rubber, capital equipments, logistics, paper, cement, sugar, etc. It facilitates the improvement in various infrastructure facilities like power, rail and road transport. Due to its deep forward and backward linkages with almost every segment of the economy, the industry has a strong and positive multiplier effect and thus propels progress of a nation. The automotive industry comprises of the automobile and the auto component sectors.

RESOURCES:

Auto industry is the second fastest growing sector in Karnataka, the automobile and auto component sector has maintained a 15 per cent growth in Karnataka. There is a huge potential of development in the sector of automobiles in Karnataka. The component industry caters to the OEMs (all kinds of automobiles like trucks, cars, SUVs, LCVs, buses, two-wheelers, tractors etc.,) and exports. Termed a priority sector, auto and auto parts hold the key to economic growth of the state.

GOVERNMENT POLICIES:

Government brought out a very innovative Policy "Ultra Mega Policy for Integrated Automobile Projects" that offers a very attractive package of support to automobile projects investing more than Rs.4000 Crores. As a result of this Policy, since May 2006, investments attracted by Tamil Nadu is automobiles & components manufacturing is Rs.21900 Crores, almost 5 times of the Investments attracted during previous 15 years (May 1991-April 2006). The total employment potential in these new projects is: 1.20 lakhs (direct + Indirect). Govt of India is currently implementing a project "National Automotive Testing R&D Infrastructure Project" (NATRIP) in Oragdam near Chennai at a project cost of about Rs.450 Crores. This project aims at facilitating introduction of world-class automotive safety, emission and performance standards in India as also ensure seamless integration of our automotive industry with the global industry.

 

 

Mineral: Project Opportunities in Karnataka

 

PROFILE:

Minerals are valuable natural resources being finite and non-renewable. They constitute the vital raw materials for many basic industries and are a major resource for development. Management of mineral resources has, therefore, to be closely integrated with the overall strategy of development; and exploitation of minerals is to be guided by long-term national goals and perspectives. Ministry of Mines is responsible for survey and exploration of all minerals, other than natural gases, petroleum and atomic minerals, for mining and metallurgy of non-ferrous metals like aluminium, copper, zinc, lead, gold, nickel, etc. and for administration of the Mines and Minerals (Regulation and Development) Act, 1957 in respect of all mines and minerals other than coal, natural gas and petroleum.

 

RESOURCES:

Karnataka is rich in its mineral wealth which is distributed fairly evenly across the state. Karnataka's Geological Survey department started in 1880 is one of the oldest in the country. Rich deposits of asbestos, bauxite, chromite, dolomite, gold, iron ore, kaolin, limestone, magnesite, Manganese, ochre, quartz and silica sand are found in the state. Karnataka is also a major producer of felsite, moulding sand (63%) and fuchsite quartzite (57%) in the country.

Karnataka has two major centers of gold mining in the state at Kolar and Raichur. These mines produce about 3000 kg of gold per annum which accounts for almost 84% of the country's production. Karnataka has very rich deposits of high grade iron and manganese ores to the tune of 1,000 million tonnes. Most of the iron ores are concentrated around the Bellary-Hospet region. Karnataka with a granite rock spread of over 4200 km² is also famous for its Ornamental Granites with different hues.

 

GOVERNMENT POLICIES:

The  role to be played by the Central and State Governments in  regard  to  mineral  development has  been  extensively  dealt in  the  Mines  and Minerals (Development and Regulation)  Act, 1957  and Rules  made under the Act by  the  Central  Government and  the  State  Governments in their  respective  domains.   The provisions  of  the  Act  and the Rules  will  be  reviewed  and  harmonised  with  the basic features of the new  National Mineral  Policy.  In future the core functions of the State in mining will be facilitation and regulation of exploration and mining activities of investors and entrepreneurs, provision of infrastructure and tax collection.  In mining activities, there shall be arms length distance between State agencies (Public Sector Undertakings) that mine and those that regulate.  There shall be transparency and fair play in the reservation of ore bodies to State agencies on such areas where private players are not holding or have not applied for exploration or mining, unless security considerations or specific public interests are involved. Recently, the Union Government after reviewing the current mining sector, mineral development and keeping in view the availability of the valuable finite resource have announced the National Mineral Policy (NMP))- 2010. Research organisations, including the National Mineral Processing Laboratories of the Indian Bureau of Mines should be strengthened for development of processes for beneficiation and mineral and elemental analysis of ores and ore dressing products. There shall be co-operation between and co-ordination among all organisations in public and private sector engaged in this task.

 

Waste management: Project Opportunities in Karnataka

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:

As regards municipal waste on an average 40 to 50 % of the total municipal waste is generated in the sic municipal corporation of Karnataka & more than 70 % of municipal waste is generated by the residential & market areas. The domestic waste generated by households comprises mainly of organic, plastic & paper waste & small quantities of the waste. Plastic & glass are segregated at the household level or by rag pickers and sold. The remaining waste is disposed in community bins, discarded ointments and medicine. In addition about 1 to 2% of biomedical waste also gets mixed with municipal solid waste in the community bins.

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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T-Shirt Manufacturing Business

T-Shirt Manufacturing Business. How to Start a Readymade Garments Business. Business Opportunities in Apparel or Clothing Industry T-shirts are not just a fashion essential – they are a medium for expression and an ageless insignia of the young and the young at heart. It’s easy to wear, comfortable, stylish, finds space at almost every occasion and hence everybody has one. The t-shirt market of India includes knit shirts, polos, knit tops, etc., and is specifically targeted towards the youth segment. One of the main reasons behind its popularity among youth is that teenagers are today’s rational buyers who keep every aspect in their mind before purchasing the t-shirt including colour, design, garment, logo etc., which allows their mind to take over the t-shirt design as their personality, style, and attitude. T-shirts have indeed come a long way from its rise to popularity in the back in the 50s. Now, trends in t-shirts change faster than seasons. Moreover, tees are no longer a basic item of clothing, but more a means to showcase attitude and beliefs. The consumer wardrobe in international as well as in the Indian market is witnessing a constant shift from formal to casual attire. Consequently, casual wear categories like t-shirts, denims, casual shirts and trousers are witnessing a comparatively higher growth rate. The Indian consumer is no longer restricted to same combo of woven shirt and trouser for all occasions. Wardrobe of an Indian consumer has evolved with time and now it is a combination of various different kinds of clothing for different occasions like office, gym, shopping, morning or evening walk, marriage and social gatherings etc. This trend of occasion specific clothing has also provided an additional impetus for the growth of the adaptable casual wear categories like t-shirts.? Market Outlook The emerging trend of occasion specific clothing has given impetus to the growth of casual wear. A peep inside casual wear stores here suggests that t-shirts have a presence that cannot be ignored and also have an ally even among the not-so-fashion-conscious people. The increasing trend of Friday dressing is another driving factor for the t-shirts market in India. India is the sixth largest supplier of readymade garments in the world with a 3.7 per cent share in global exports. The readymade garment industry is considered an off-shoot of India’s Textile industry which the dates back to the middle of 19 century. The textile industry is the maximum revenue gathering industry in the country. The industry can be divided in to two segments, the natural fiber segment and the manmade synthetic fiber segment. The industry even after the introduction of power – driven machines or mechanical process of button holding, stitching or embroidery, continued to remain labor intensive and cheap labor is our forte. The overall demand of clothing has gone up in the state because of increasing degree of industrialization, effecting clothing habits. The increasing level of communication leading to increased travel and tourism has in turn created the demand for both seasonal and occasional clothing. India’s Rs. 12,200 crore-worth t-shirt market is expected to grow at an impressive CAGR of 12 percent to reach Rs. 21,250 crore by 2018. This market, which includes knit shirts, polo shirts, knit tops, etc., is presently dominated by the men’s and boys’ segments, which contribute 85 percent of the market share. The women’s and girls’ segments are, on the other hand, expected to register a higher CAGR of 14 percent over the next five years, compared to the 11 percent growth anticipated for the men’s and boys’ segments. The expected faster growth of women’s and girls’ t-shirts may be attributed to the comparatively lower base of market size and increasing acceptance of casual clothing among women. As a matter of fact, the t-shirts category is one of the top high-growth categories in men’s, women’s and kids’ apparel in India. In India, most of the brands and retailers that earlier used to focus on men’s casualwear have now started promoting women’s casualwear, including t-shirts and denims. Many discount schemes and loyalty programmes are being rolled out to tempt women into experimenting with t-shirts. At present, a bulk of the women’s t-shirt market is concentrated in the metros and bigger cities. However, in the years to come, the women’s t-shirts category is expected to register deeper penetration into tier-I and -II cities as well. T-shirts market is India has huge opportunities for industry players due to increasing penetration of the category into smaller towns, rural areas, middle aged consumers and women. T-shirts are also increasingly being used in Indian corporate houses to motivate employees, to build brand loyalty in the market as well as to display the company's attitude by displaying its motto or slogan in front of stakeholders. Today in major corporate houses promotional T-shirts became very popular as corporate gifts and more and more corporate or promotional T-shirts are demanding in the market, manufacturers are also manufacturing best quality designer-type pieces with buyers' logos, institutional advertising, slogans and emblems on T-shirts as well as for the end users. The global t-shirt industry has evolved, driving fashion trends in form of plain t-shirts, personalized t-shirts, graphic t-shirts, vintage t-shirt designs, and long sleeve custom T-shirts. With leading fashion brands across the globe embracing t-shirt industry, the future outlook appears positive. The global market for t-shirt is quite an established market and is further poised to offer strong growth opportunities, evolving beyond its early adopter stage to reach mass market during the forecast period 2017 - 2025. The t-shirt category, especially custom-print and designed, has exhibited a higher acceptance for e-tailing. The prevailing trend of Friday dressing is another important trend shaping the market demand. Most of the companies, domestic as well as multi-national companies (MNCs) allow casual clothing (mostly t-shirts with the company’s name and logo) as an official dressing on Fridays. This is stimulating demand for casual apparels especially t-shirts. T-shirts are specifically targeted towards the young population segment. One of the main reasons behind the popularity among youth is that t-shirts strike chord with the creativity hidden inside each teenager. The segment accounted more than half of the global T-shirt market revenue in the same year. Cotton is the most common and preferred fabric for t-shirts as they are ideal for everyday wear. A variety of cotton with different properties is used for making apparels. However, other materials such as linen, lycra, polyester, rayon and blends of two or three materials are also used for manufacturing t-shirts. Each material poses’ a unique quality and can be used according to the activity and different climatic conditions. T-shirts made from lycra and polyester are generally used for athletic apparels, while cotton and linen t-shirts are preferred for daily casual wear. In addition, different blends such as cotton and linen, cotton and polyester and blends of rayon are often used to exploit the merits of different material leaving their shortcomings. The blends are preferred for t-shirt manufacturing and hence are expected to demonstrate a significant growth throughout the forecast period. The global t-shirt market is valued at 185.1 billion dollars (approximately 1,231,424 crore rupees) which means that, although the Indian market is both sizeable and growing at 5,400 crore rupees, it is not one of the world’s largest by a long way. Readymade Garment Industry The readymade garment industry in India has historically been one of the most important segments of the textile industry in India. The Indian readymade apparel market is one of the largest contributors to India’s economy, providing millions with employment while making significant contributions to India’s annual GDP and export earnings. Today, India is the world’s 6th largest exporter of readymade garment products, registering over US$17 billion in readymade garment export value annually. Combining global demand that is at an all-time high, with much stronger support and preferential policies from the government, India’s readymade garment (RMG) industry is set to achieve rapid growth in the future. The readymade garment sector is currently the largest contributor to India’s total textile and apparel exports, accounting for roughly 41%. Employment in India’s readymade garment industry now has around 12 million people, making it the largest employment provider for all sectors. This year, this number will increase to 12.9 million. Most of the workers employed in the readymade garment industry in India are women and mainly contributes about 4% of the Gross Domestic Product or GDP of India. The RMG industry can be categorized into menswear, women swear, kids wear, sportswear, innerwear, knitwear, etc. Menswear is the largest segment. The Ministry of Textiles projects the kids wear segment to capture larger market share by the end of 2021. The market is also segmented by price sensitivity – high end for the affluent, medium priced for the core and high middle classes, and low end for the low and core middle class. Denim holds a prominent place in India's RMG market and accounts for approximately 5% of the market. The increasing demand for denim is driven by its comfort and style, preference amongst youth and increasing usage by women and youth in smaller cities and rural India. The readymade garments industry, excluding exports, is set to double to Rs 4 lakh crore in the next five years with the removal of excise duty and increased demand for branded garments. The readymade garments industry is only a part of a huge textile export market that consists of fabrics, made-ups, yarn, thread, fibre, woolen textiles, silk textiles and readymade garments. The global readymade apparel industry is perhaps among the most advanced, and yet the most fragmented, of all retail sectors. The global market is estimated at $183 billion, with the US having a major share in it. 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Aluminium Wire & Cables Manufacturing Industry

Aluminium Wire & Cables Manufacturing Industry. Start an Electric Wire & Cable Business Aluminium (Al) is one of the most common metal elements. In fact, it is the third most abundant element (after oxygen and silicon) that makes up about 8% by weight of the Earth’s crust. Aluminium is one of the most electrically conductive metals and highly resistant to ordinary corrosion. With other characteristics such as lightweight, strength, and low cost to produce, aluminium has become one of the most popular materials for electrical applications. Aluminium wire is nowadays increasingly popular for electrical wiring and in utility grid transmission and distribution networks, and are widely used for wiring in several of industries including electronics, construction, aircraft etc. Aluminium Wire Aluminum wire are utilized in various home electrical appliances, switches, circuit breakers and motors owing to its light weight, corrosion resistance and retention of temperature even at low temperatures properties. The products are used in electrical products as they are lighter than other material, it also reduces corona an electric discharge which is associated with high power transmission and its excessive heating do not separate the electrical fixtures and connections, thus increasing the industry demand. Uses of Aluminium wire • In Construction Industry Aluminium is an excellent alternative to copper and is largely used in the manufacture of building wires. Electricians and contractors use large sizes of aluminium building wire where there is requirement of low voltage. This is more beneficial to contractors in terms of savings as it has half the weight of copper wire. Aluminium conductors for building wire are made in such a manner that the overall diameter of the aluminium wire is similar to that of copper wire. • In Electrical Distribution Industry Utilities such as electrical distribution companies have been extensively using aluminum wire throughout their distributing systems (power grids) for transmission of electric current. • In Communication Industry The copper clad aluminium wire is primarily used in high quality coils, power cables and antennas. The aluminium-copper combination finds its use in commercial as well as residential applications including household wiring, cable wiring, headphones, loudspeakers and antennas. CCAW are also used to help connect the internet to the computer. They are important components of cable modems and television connections as well as Ethernet connections (that is, LAN and WAN). • In Broadcasting Networks Modern broadcasting networks (radio and television) largely rely on aluminium wire (CCAW) for information broadcast. Basically, two forms of radio networks are known- the first form is used for broadcasting and updates, advertising and marketing whereas the other form is the backbone of police and armed forces (used for communicating with each other). Television broadcasting involves transmitting signals through cable and satellite television. • In Submarine Communications Aluminium wires clad with copper provide a great means of submarine communication and are installed below the floor of the ocean to expedite the process of information transfer across the globe. • In Medical Field Aluminium wire finds also its use in medical science instruments that are involved in diagnostic processes such as medical ultrasonography. Aluminium Cables Aluminium cables are used across various industries and markets. In our last blog we shared the financial advantages of aluminium cables. Now we will focus on the physical advantages of aluminium cables. A second advantage is the weight of aluminium; it is much lighter in weight as compared to copper while maintaining the same conductivity. Being light in weight is an important property of aluminium. This has made aluminium cables the most used cables in projects where weight is the main focus like constructions with load-bearing purposes. Market Outlook Aluminum Wire Market size was over USD 50 billion in 2017 and industry expects consumption at over 10 million tons by 2024. It is set to surpass USD 65 billion by 2024. Growing consumer demand towards lightweight automobile vehicles may drive aluminum wire market demand. Superior properties which include light weight, high strength and corrosion resistance may cater to construction and electrical industries, thus propelling industry growth over the forecast timeframe. The global aluminium wire market has witnessed growth at a steady rate over the recent years. The market is primarily driven by the rising demand in the rapid urbanization around the world, the increased support from governments, as well as the new production techniques that reduce not only the cost of aluminium wire production but also significantly reduce the processing time of the wire rods. As the consumption of aluminium wires in various industries still remains high, business opportunities in the global aluminium market are expected to flourish further in the near future. Growing consumer demand towards lightweight automobile vehicles may drive aluminum wire market demand. Superior properties which include light weight, high strength and corrosion resistance may cater to construction and electrical industries, thus propelling industry growth over the forecast timeframe. Aluminum wire are utilized in various home electrical appliances, switches, circuit breakers and motors owing to its light weight, corrosion resistance and retention of temperature even at low temperatures properties. The products are used in electrical products as they are lighter than other material, it also reduces corona an electric discharge which is associated with high power transmission and its excessive heating do not separate the electrical fixtures and connections, thus increasing the industry demand. In the last few years, the automotive and aerospace companies have also been shifting their focus toward the surging use of electronic contents for downgrading the size of the components and improving the use of digital technologies in the fleets. Considering the lightweight and ease of use characteristics, the contributors in the automobile and aerospace sectors have been using aluminum wires in electronic panels which are installed in engine control units (ECU), infotainment systems, and other control units. The global aluminium wire market can be classified on the basis of product type and application. In terms of product type, the market can be segmented into paper insulated, enamelled, and fiberglass aluminium wire. Of these, paper insulated aluminium wire is expected to led the market during the forecast tenure. Rising application of aluminium wire in various industries is likely to boost the demand in the global aluminium market. Food and beverages, automotive, and customer electronics are some of the key industries in which aluminium wires are used extensively. Non-toxic nature of aluminium will preserve food for longer duration and prevents the growth of micrograms. These factors increase its demand on the food and beverages industry. The demand for aluminium is also increasing the automotive industry as it reduces weight of the vehicle to increase fuel economy. Moreover, manufacturers now prefer aluminium to steel mainly to reduce weight without compromising strength and carrying capacity of the vehicle. Asia Pacific driven by India, Japan, and China aluminium wire market size may register significant gains at 3.5% by the end of foreseeable timeframe. These are used in various construction application which includes wiring systems owing to its high strength, durability and less risk of breakage coupled with cost cutting and weight saving properties, which in turn stimulate regional demand. Aluminum wire is drawn by hot rolling in which rods are formed followed by solution handling and quenching of the coils attained by hot rolling. Increasing demand for light weight automotive vehicles and stringent performance requirements in electrical machines is likely to propel product demand. In electrical application these are used in transformers as their oxides are strongly attached, hard to dislodge and are electrically insulated. High tensile strength property can be tailored, and its lighter weight require few support towers for overhead transmission lines, which offers more growth opportunities in the market. India Wires and Cables Market Wires and cables play an indispensable role in today’s digitally advanced life and find extensive usage across a number of applications in several industries. The extensive usage and applications of wires and cables across various industries will put the wires and cables industry on the right path for the future. Wires and cables market in the world and in India is highly fragmented, with the presence a number of small and medium enterprises. The organized sector manufactures high voltage durable cables, whereas the unorganized sector mainly captures the low voltage market, where products are mainly separated on the basis of the price. The wires and cables market is presently at its growing stage in our country and is expected to be capturing a significant share in the electrical equipment industry in the upcoming years. The wires and cables in the India has witnessed a growth in recent years on account of rising demand wires and cables fueled by expansion in infrastructure development, electricity consumption and others. The surge in revenue is majorly originated from growth in power cables as a segment of wires and cables market. The upsurge in this segment has been largely led by the domestic factors such government expenditure on infrastructure, increase in level of investment, rising level of disposable income, technological advancement. 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Bicycle Tyre & Tubes Production from Natural Rubber

Bicycle Tyre & Tubes Production from Natural Rubber. How to Start a Tire and Tubes Manufacturing Business Tyres are one of the most important components of a bicycle build. Bicycle tires perform an important function of eliminating the shock transferred through the front and rear wheels as they travel on uneven and rough surfaces; effectively gaining traction on the road so that the bicycle can travel properly and doesn’t slip. It is also used for hand cycles and specially designed wheelchairs for racing purposes. The complete tire system provides ideal suspension, produces the longitudinal force essential for propulsion and braking, and creates the lateral force required for turning and balancing. A bicycle tire is a tire that fits on the wheel of a bicycle, unicycle, tricycle, quadracycle, bicycle trailer, or trailer bike. They may also be used on wheelchairs and handcycles, especially for racing. Bicycle tires provide an important source of suspension, generate the lateral forces necessary for balancing and turning, and generate the longitudinal forces necessary for propulsion and braking. They are the second largest source, after air drag, of power consumption on a level road. The modern detachable pneumatic bicycle tire contributed to the popularity and eventual dominance of the safety bicycle. There are various grips offered in the market, which enhance traction between the wheels and the road and increase performance at high speeds and on uneven and rough terrains. The recent removable pneumatic bicycle tire contributed to the acceptance and enhanced safety operation of bicycle. Over the years, with bicycles becoming more advanced and efficient, advanced bicycle tires have been developed to improve riding performance and capability. Over the several years manufacturers were keen on reducing the bicycle’s body weight and enhancing strength, so it may travel at a desirable speeds. Tube Bicycle tubes are the backbone of the bicycle industries. Few numbers of companies in organized sector are engaged in the quality grade cycles tyres and tubes and few unorganized sector also engaged to manufacturing bicycle tyre and tubes. An inner tube is basically a doughnut-shaped balloon, with a valve for inflation. The only requirement for an inner tube is that it should not leak. Being rubber, they have no rigid structure. If an inner tube is inflated outside of a tyre, it will expand to 2 or 3 times its nominal size, if it doesn't explode first. Without being surrounded by a tyre, an inner tube can't withstand any significant air pressure. Market Outlook The bicycle tires market possesses a lot of potential for growth in the research and development division. Also, the market for bicycle tires has increased due to development in the overall bicycle market, as consumers are more attracted towards safety and riding comfort. In a bicycle, tires are the most important component and the replacement rate of the tires is high, owing to the high rate of friction between the tire and road. The aftermarket for replacement and services is projected to remain healthy over the forecast period as consumers will try to keep their bikes up to the mark. Moreover, in developed nations, the ability to ride at faster speeds with comfort is estimated to drive growth of the bicycle tires market in the near future. Furthermore, growth in racing and adventure sports, such as dirt biking and off-road riding will fuel growth of the overall bicycle tires market in the coming future. Events, such as the Tour de France, Olympics and other bicycle professional races will propel growth in the bicycle tires market and force manufacturers to come up with new product and goods, which are more capable for ideal riding. The emergence of eco-friendly bicycle tires is one of the major trends being witnessed in the global bicycle tires market 2019-2023. The products used in manufacturing rubber compounds are polluting the environment. The increasing air pollution is pushing manufacturers to reduce the emission from the manufacturing process. Thus, such environmental concerns have paved the way for innovation in terms of eco-friendly tires that are manufactured using pure rubber compounds and low-aromatic oils. Low-aromatic oils have low levels of harmful compounds, which makes them highly durable and non-carcinogenic. The bicycle tires market has been majorly driven by increasing users of bicycles in the recent years. Various factors such as environmental concerns, health and fitness, among others have compelled pedestrians to make use of bicycles for their regular commute. Thereby, the market has witnessed an increasing demand for new bicycles for various applications such as regular on-road use, off-road biking and sports. As a result, the bicycle tire market has been witnessing an increased demand for various types of on-road and off-road tires. Moreover, with ongoing product innovation in the tubeless and airless tires segments, the market is expected to witness significant growth during the forecast period. The Growing popularity of premium bicycles around the world is attributable to the increasing acceptance of premium bicycle that provide better riding and safety features. These bicycles are built using advanced technologies and modern designs by incorporating high- end materials to offer comfort and durability. The major reason for the growth of premium bicycle is increasing average disposable income and increasing dual household income. The increasing demand for premium bicycles is increasing the demand for the high- quality components and uniqueness in the bicycle tire. Such factors increase the revenue of the bicycle tire manufactures. Therefore, the growing demand for premium bicycles is expected to drive the demand for the market. Indian Tyre Industry The Indian Tyre industry is expected to show a healthy growth rate of 9-10% over the next five years. The domestic tyre industry is expected to post volumes growth of 7-8 per cent to 1,805 lakh tyres during FY2018. Indian tyre industry has been reporting good growth figures over the past few years, spurred by the growing passenger vehicle and two-wheeler market. It has emerged as one of the most competitive markets in the world and with the emergence of new technology, ultra-modern production facilities and availability of raw materials, the sector is poised to grow further. Tyre Inner Tubes Tyre inner tubes are the internal components of the primary tyre which are designed to sustain air pressure. Majority of the tyres which are used in motorcycles, bicycle and large vehicles such as tractors, heavy trucks, cars, and buses are designed for their application with inner tubes. These are made from impermeable materials such as synthetic, elastic, soft rubber for the purpose of avoiding air leakge and are torus shaped in nature. In addition, inner tubes which are larger in size possess the ability to be re used for other applications such as rafting and swimming. These tubes are large inflatable toruses which are manufactured for these applications while also offering a choice of decks, handles, fabric covering, colors and other various accessories, eliminating the protruding valve stem. The global inner tube industry is dependent on raw materials such as rubber suppliers as well as the buyers which mainly include automotive manufacturers. More than half of the global rubber production goes into the manufacturing of automotive tyres. In addition, the inner tube and tyre industry serve as the largest application segment in the overall rubber industry. 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Helmet Manufacturing Industry

Helmet Manufacturing Industry. Production of Bike Helmets. Profitable Safety Helmet Industry Bike Helmets are useful as safety gear to prevent or minimize injuries to the head and brain in an uncontrolled environment during riding a bike. According to the US Consumer Product Safety Commission, about 900 people, including more than 200 children are killed annually in bicycle related incidents, and about 60 percent of these deaths involve a head injury. Bike Helmets can help absorb impacts and save their life. A motorcycle helmet is a type of helmet (protective headgear) used by motorcycle riders. The primary goal of a motorcycle helmet is safety - to protect the rider's head during impact, thus preventing or reducing head injury and saving the rider's life. Some helmets provide additional conveniences, such as ventilation, face shields, ear protection, intercom etc. Market Outlook Growing head injuries due to road accidents still remain the major factor driving the global market. However, manufacturers are concentrating on not only improving the quality of helmets but also making them stylish. This is expected to benefit the global market for motorcycle helmets in the near future. Currently, the full-face helmet segment dominates the global motorcycle helmets market, state the analysts. The increasing number of head injuries can be credited for the growing demand for full-face helmets. India two-wheeler helmet is forecast to grow at a CAGR of around 25% through 2022. Market growth is anticipated on account of rising awareness among consumers for safety coupled with introduction of advanced safety features in two-wheeler helmets. Moreover, increase in sales of luxury or premium two-wheeler vehicles coupled with rising per capita income is further expected to boost helmet sales in India during the forecast period. The off-road or motocross helmets are popular among the biker groups whereas open face or ¾ helmets are commonly used by the daily riders. With advancements in the technology, leading players are consistently manufacturing a wide range of motorcycle helmets. The global Motorcycle Helmets market is valued at 1670 million USD in 2017 and is expected to reach 1730 million USD by the end of 2025, growing at a CAGR of 0.5% between 2018 and 2025. Global Premium Motorcycle Helmets Global Premium Motorcycle Helmets Market is expected to grow at a CAGR of 10.4% during the forecast period. Rising demand for premium helmets because of an increase in the number of riders and technological advancements, strict enforcement of helmet laws across nations are the factors boosting the market growth. However, high cost of products is expected to hamper the market growth. Based on material, carbon fiber segment is expected to be the significant growth due to modern premium bike helmets are increasingly being made of carbon fiber, which provides a higher tensile strength, a fact that gives the rider much more safety. Europe is the largest market because of the continuous increase in the motorcycle permits in several European countries. Asia Pacific is projected to be the fastest growing market as manufacturers are producing bikes at relatively affordable prices. The target market for premium helmets constitutes people who have relatively high disposable income and ride motorcycles for recreational or leisure activities. As such, the developed markets, Europe, North America, and Japan are the major markets for premium helmets worldwide. Recent studies have found a direct correlation between the price of the helmet and the safety it provides. The premium motorcycle helmets market is segmented by the material used in the making of helmets as Kevlar, Carbon Fiber, Fiber Glass, Plastics. By geography, the market is segmented as North America, Europe, Asia-Pacific, Latin America, and Africa & Middle East. Europe is the largest market worldwide because of the continuous rise in the motorcycle permits in several European countries. Asia- Pacific is forecasted to be the fastest growing markets followed by China and India. Global Safety Helmet Market The global safety helmet market to reach USD 3.19 billion by 2025, driven by the rising awareness among the employees about safety, surge in the construction sector in developing economies, and strict safety norms mandating the use of protective gear. Increasing industrialization and growth of the construction industry in countries such as India, China, Mexico, Brazil and South Africa is also expected to create demand for safety helmets. Asia Pacific is expected to grow at a CAGR of 5.5%, in terms of revenue, over the forecast period due to an increasing demand for safety helmets in construction and manufacturing industries. In addition, significant infrastructure spending for existing & new structures in Europe is expected to add to the growth of the market over the forecast period. In 2017, the global Road Bike Helmet market size was million US$ and is forecast to million US in 2025, growing at a CAGR of from 2018. The objectives of this study are to define, segment, and project the size of the Road Bike Helmet market based on company, product type, application and key regions. Few Indian Major Players are as under: • Aerostar Helmets Ltd. • M S A (India) Ltd. • Mallcom (India) Ltd. • Steelbird Hi Tech (I) Ltd. 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Benzoic Acid Production Business

Benzoic Acid Production Business. Profitable Business Ideas in Chemical Industry Benzoic acid, C6H5COOH, is a colourless crystalline solid and the simplest aromatic carboxylic acid. Benzoic acid occurs naturally free and bound as benzoic acid esters in many plant and animal species. Appreciable amounts have been found in most berries (around 0. 05%). Cranberries contain as much as 300-1300 mg free benzoic acid per kg fruit. Benzoic acid is a fungistatic compound that is widely used as a food preservative. It often is conjugated to glycine in the liver and excreted as hippuric acid. Benzoic acid is a byproduct of phenylalanine metabolism in bacteria. It is also produced when gut bacteria process polyphenols (from ingested fruits or beverages). Benzoic acid has the advantage that it does not affect the odor or taste of the soft drink, if used in small quantities. The preserving quality of benzoic acid is based on its activity to delay the multiplication of several groups of microorganisms, which, however, are not killed by this product. The low solubility of benzoic acid in water complicates its application in products containing large amounts of water. Therefore, the water-soluble salt sodium benzoate is used. Benzoic acid and its salts used as preservatives are represented by E- numbers, E210, E211, E212, and E213. Benzoates are salts and esters of Benzoic acid. Benzoic acid when used as a preservative is added with a concentration of 0.05-0.1% to the food products. The rising demands for packaged food and beverages fuel the demand for Benzoic acid market growth globally. Benzoic acid and benzoate are used to preserve acidified food products such as fruit juice, pickles (vinegar), sparkling drinks, etc. as the efficacy of both of them depends on the pH of food. Benzoic acid is also used in chemical, pharmaceutical, plastics, and in other industries. It is used for the production of Benzoate Plasticizer, Benzoyl Chloride, and Alkyd Resins. The application of Benzoic acid can also be traced in medical, dye intermediates, and for animal feed. Benzoic acid is used as a constituent for the treatment of fungal skin diseases such as ringworm, athlete’s foot, tinea, etc. Benzoic acid is a common constituent in toothpastes, mouthwashes, deodorants, etc. in which it acts as an anti-microbial agent. The strong demand for the benzoate plasticizers also gives a positive outlook in the global expansion of its market. Market Outlook The benzoic acid market is projected to grow from USD 1,009.9 Million in 2018 to USD 1,313.5 Million by 2023, at a CAGR of 5.4% from 2018 to 2023. Benzoic acid is extensively used to manufacture sodium benzoate and potassium benzoate which are also known as its derivatives. Increasing demand of packaged food and beverages drive the demand for Benzoic acid market across the world. Food preservation is necessary to increase the shelf life of the packaged food products which drives the growth of Benzoic acid market. Increasing demand for the replacement of phthalate plasticizers by benzoate plasticizers for different applications is likely to drive the demand for Benzoic acid market. Rising population, higher income, and changing psychographics of Asian countries drive the growth of Benzoic acid market in the region. The consumption of Benzoic acid allows the market to remain relatively higher in the Asia-Pacific region, which will boost the advancement of this market. Rising demand for sodium and potassium benzoate also has been supporting the growth of Benzoic acid market. Per capita plastic consumption is following a higher rate in countries like India and China, which will enhance the demand for plasticizers and ultimately drive the market growth for Benzoic acid. Strict regulations in developed countries may limit the growth of alkyd resin and ultimately the Benzoic acid market. Benzoic acid is not dangerous when used in lower concentration. However, it can harm lungs and digestive tract after prolonged usage and exposure to the substance. Like any other chemicals, Benzoic acid also has some toxic properties which stagnates the growth of the market. Increasing demand of preservatives to improve shelf life of the products coupled with growth in food & beverages industry is likely to drive benzoic acid market price trend over the forecast period. Consumers are shifting preference towards adoption of convenience food and ready-to-drink (RTD) beverages owing to hectic lifestyle particularly in key regions such as Europe and North America. Packaged food & beverages are gaining popularity with increase in availability of different product ranges. This factor requires food & beverages to be safe for consumption after days or weeks of production. The global benzoic acid market is segmented by application into food & beverage (preservative), chemicals, plasticizers, animal feed, and others. Owing to the hectic lifestyle, consumer preference is shifting towards convenience food and ready-to-drink (RTD) beverages. Packaged food & beverage is gaining popularity, with the increase in availability of different product ranges. This requires food & beverages to be safe for consumption after days or weeks of production, which begets the use of benzoic acid derivatives as preservatives. A key factor driving the growth of the market is high demand for benzoic acid from the food and beverage industry. Owing to its exceptional solubility and anti-fungal characteristics, benzoic acid is increasingly being used as a food preservative in the ever-growing food and beverage sector. Benzoic acid and its derivatives, including sodium benzoate and potassium benzoate, are used to preserve acidic food and beverage items, such as aerated drinks, fruit juices, and jams. Growth in the food preservative markets in China and India is likely to fuel the consumption of benzoic acid in the food and beverages industry throughout the forecast period. This, in turn, is expected to boost the growth of the benzoic acid market. With the increasing awareness of healthy eating and living, rapid economic development, along with the increased per capita income and expenditure, the demand for processed and packaged foods has significantly increased over the years. Processing and packaging extend the shelf life of food products. As a result, food manufacturers use benzoates as food preservatives to keep packaged foods fresh for long durations. The increasing use of benzoic acid and its derivative compounds as food preservatives will positively influence the global benzoic acid market during the forecast period. On the basis of end use, the global benzoic acid market is segmented into food and beverage, chemicals, pharmaceuticals, and others. By application, the global benzoic acid market is segmented into sodium benzoate, potassium benzoate, benzyl benzoate, benzoate plasticizers, alkyd resins, benzoyl chloride, feed additives, and others. By region, the global benzoic acid market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The chemical industry also has an increased demand for the benzoic acid thus boosting the market growth. Increasing investments in the oil & gas refinery processing are also projected to augment the demand for benzoic acid over the forecast period. The growth of the pulp and paper segment is directly attributed to the growth of the paper recycling industry. The food & packaging end-user segment expected to be the major growth driver for the benzoic acid market in the forecast period. Major players in the global Benzoic Acid Market are Emerald Kalama, Shree Hari Chemicals Export Ltd., Novaphene, Chemcrux Enterprises Ltd., and Wuhan Youji Industries among others. ‘Emerald Kalama’ declared in 2015 that it would spend heavily on the production of high purity benzoic acid-based products at Rotterdam. The company has also collaborated with The Chemical Company (TCC) to distribute its K-Flex plasticizers. This can expand its global reach immensely. 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Biomedical Waste Recycling Industry

Biomedical Waste Recycling Industry. Start a Medical or Hospital Waste Management Business Biomedical waste (BMW) is any waste produced during the diagnosis, treatment, or immunization of human or animal research activities pertaining thereto or in the production or testing of biological or in health camps. It follows the cradle to grave approach which is characterization, quantification, segregation, storage, transport, and treatment of BMW. Biomedical waste is classified as a biohazard because of the disease that it might contain. Medical waste contains materials that have been contaminated by body fluids and may contain viruses, bacteria and even harmful drugs such as chemotherapy and radiation drugs. The importance of biomedical waste management should be high on any medical facility’s training and safety procedures. Bio Medical waste consists of • Human anatomical waste like tissues, organs and body parts • Animal wastes generated during research from veterinary hospitals • Microbiology and biotechnology wastes • Waste sharps like hypodermic needles, syringes, scalpels and broken glass • Discarded medicines and cytotoxic drugs • Soiled waste such as dressing, bandages, plaster casts, material contaminated with blood, tubes and catheters • Liquid waste from any of the infected areas • Incineration ash and other chemical wastes Biomedical waste can be disposed of through incineration or decontamination by heating with steam under pressure in an autoclave. Trash chutes must not be used for the transfer or disposal of biomedical waste. Classification of Biomedical Waste Approximately 75-90% of the biomedical waste is non-hazardous and as harmless as any other municipal waste. The remaining 10-25% is hazardous and can be injurious to humans or animals and deleterious to environment. It is important to realize that if both these types are mixed together then the whole waste becomes harmful. • Non Hazardous Waste This constitutes about 85% of the waste generated in most healthcare set-ups. This includes waste comprising of food remnants, fruit peels, wash water, paper cartons, packaging material etc. • Hazardous Waste Biohazard: Biological hazards, also known as biohazards, refer to biological substances that pose a threat to the health of living organisms, primarily that of humans. This can include medical waste or samples of a microorganism, virus or toxin (from a biological source) that can impact human health. It can also include substances harmful to animals. The term and its associated symbol is generally used as a warning, so that those potentially exposed to the substances will know to take precautions. Market Outlook India is likely to generate about 775.5 tonnes of medical waste per day by 2022 from the current level of 550.9 tonnes daily. Bio-medical waste in India is projected to grow at a rate higher than the overall healthcare services market driven by the expansion of the increasing awareness, improving efficiencies in the system, medical tourism, number of clinics, hospitals, rising of the ageing population and new BMW guidelines. Medical waste is the waste generated from hospitals, clinics, dental hospitals, veterinary hospitals, blood banks, and medical research institutes, laboratories. The waste may be generated during various treatments and surgeries, it may be generated during test, production or any biological research. Medical waste does not confine to used syringes and other surgical instruments but all the processes, testing and production of various biological operations. Global Medical Waste Management Market is estimated to reach $26.9 Billion by 2025; growing at a CAGR of 5.6% from 2017 to 2025. Medical waste management states to the suitable processing of waste materials produced by the healthcare institutions. These waste materials are generated at, hospitals, research institutions, health care teaching institutes, clinics, laboratories, blood banks, animal houses and veterinary institutes. Health-care waste comprises all the wastes produced by medical activities. It holds activities of diagnosis, curative and palliative, preventive treatments in the field of veterinary medicine and human. In addition, it includes the same types of waste originating from minor and scattered sources, including waste produced in the course of health care undertaken in the home (e.g. home dialysis, self-administration of insulin, recuperative care). The development of innovative manufacturing techniques for drugs and medical devices in the pharmaceuticals industry is growing rapidly. Furthermore, the growth of market is also reflected by the efficient supply of inventories required in day-to-day functioning of hospitals, clinics, and diagnostic centers. This results in generation of more waste. These by products and residues need a proper system or service for collection, transportation, disposal, and recycling of specific materials or byproducts, if required. Given the growing amount of all types of medical wastes, globally, and increasing regulatory pressure to properly dispose these wastes in a non-hazardous way, the global medical waste management market is expected to grow at a steady pace in the coming years. Medical waste refers to the waste originated within medical amenities, such as hospitals, clinics, veterinary hospitals/clinics, dental practices, physician's offices, laboratories, pharmaceutical industry, and blood banks. There are several types of medical wastes including hazardous (such as infectious, radioactive, or toxic), universal, bio hazardous (such as, red bag medical waste and sharps containers), and solid. The process of medical waste management includes transportation, treatment or destruction, disposal, and documentation of waste generated from the facility. Growing volume of medical waste, increasing focus on the management of medical waste, and stringent regulatory framework to manage these wastes safely and in an ecofriendly way are some of the factors driving the medical waste management industry. There are numerous factors driving, restraining and generating opportunities for the world medical waste management market. Rising concerns over employing eco-friendly and safe waste management and treatment process is likely to drive the market in years to come. In addition, the growing healthcare industry would generate more medical waste thereby, generating opportunity for the market. However, lack of awareness about the health hazards associated with medical waste, lack of training for proper disposal coupled with inadequate funds have hindered market growth of world medical waste management. The market is segmented in terms of disposal or treatment site, type of waste, service, treatment and geography. The treatment site for medical waste disposal can either be offsite or onsite. On the other hand, waste materials are classified as hazardous and non-hazardous waste. The market is also bifurcated in terms of waste treatment services which include collection storage, recycling & transportation, recycling and disposal of the waste. These waste could be treated by chemical treatment, incineration & autoclaving and others. On the basis of geography, the report segments the world medical waste management market into North America, Europe, Asia Pacific and LAMEA. Growing geriatric population requiring health care products and services, increasing incidence and prevalence of infectious and lifestyle diseases, expanding health care infrastructure, changing lifestyles, enforcement of various regulations for the management of biomedical waste, and increasing awareness about safety and security against the hazards caused by biomedical wastes are some factors driving the global biomedical waste management market. However, high cost of services provided by biomedical waste management players, lack of education to workers handling the waste and health care workers about importance of biomedical waste treatment and disposal are factors restraining the market. Some of the major players operating in global medical waste management industry include, BioMedical Waste Solutions LLC, Clean Harbors Inc., Daniels Sharpsmart Inc., Hawaii Bio-Waste Systems Inc. (HBW), Healthcare Environmental Services Group, Medclean Technologies Inc., Medasend Biomedical Inc., Miller Group, Republic Services Inc., REMONDIS SE & Co. KG, Suez Environnement S.A., Sharps Compliance Inc., Waste Management Inc., Stericycle Inc., and Gamma Waste Systems. Tags #Biomedical_Waste, #Medical_Waste_Disposal, #Biomedical_Waste_Management_in_India, #Biomedical_Waste_Disposal, #Bio_Medical_Waste_Management_Pdf, Bio Medical Waste Management PPT, Medical Waste Recycling, Solid Medical Waste and Recycling, Biomedical Waste Management, Industrial Waste, Hospital Waste Management, #Biomedical_Waste_and_Collection, Medical Waste Treatment, Medical & Biomedical Waste Disposal, Bio-Medical Waste Management, Biomedical Waste Treatment and Disposal, Biomedical Waste and Solid Waste Management, Hazardous and Biomedical Waste Management, Disposal of Medical Waste, Biomedical Waste Recycling, Hospital Bio-Waste Management, Hazardous Waste Management, How to Dispose of or Recycle Bio-Medical Waste, Project Report on Biomedical Waste Management Industry, #Detailed_Project_Report_on_Biomedical_Waste_Management, Project Report on Biomedical Waste Management, #Pre_Investment_Feasibility_Study_on_Biomedical_Waste_Management, Techno-Economic feasibility study on Biomedical Waste Management, #Feasibility_report_on_Biomedical_Waste_Management, Free Project Profile on Biomedical Waste Management, Project profile on Biomedical Waste Management, #Download_free_project_profile_on_Biomedical_Waste_Management, How to Start a Medical Waste Business, Starting a Medical Waste Disposal, Starting Your Own Medical Waste Disposal, How to Start a Waste Management Business, Medical Waste Disposal Cost, How to Start a Hazardous Waste Disposal Business, How to Start a Waste Disposal Business, How to Start Waste Management Business in India, Waste Management Business Plan, Commercial Medical Waste Disposal, How to Start a Biomedical Recycling Business, Managing and Disposing of Medical Waste, Medical Waste Recycling, Biomedical Waste Recycling Business
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Bleaching Earth Manufacturing Business

Bleaching Earth Manufacturing Business. Production of Bleaching Clay Bleaching earths are generally composed of up to three types of clay minerals: bentonite, attapulgite and sepiolite. The minerals act as absorbers with capacity being dependent on mineralogical structure and properties, such as surface area, particle size distribution, porosity and surface activity. Bentonites are a soft stone with the capacity to absorb substances dissolved in water and other liquids. The minerals have been formed over time due to the natural adaptation of volcanic ash. Bleaching earths are found in mines around the world, including North America, South America, Europe, the Middle East and Asia. It is widely used in the refining, decolorizing and bleaching of edible oil & fats. Major demand has been experienced from Asian countries such as Indonesia, Malaysia, China, and India. Favorable government regulations and policies in these countries have had a positive influence on the market growth. The growing acreage yield of oil seed crop and technological developments in the production process have remained key driving forces for the vegetable oil & fat industry. Growing demand for biofuel which is derived from vegetable oil is also one of the factors influencing the demand of activated bleaching earth in this industry, particularly in the developed countries. Major Applications: • Purification of Edible Oil: Soya Bean Oil, Cotton Seed Oil, Palm Oil, Rapseed Oil, Sunflower Oil, Safflower Oil, Rice Bran Oil, Corn Oil, Canola Oil, Olive Oil, Seasame Oil • Non Edible Oils: Fish oil, lard oil, Fish wax, and Waste oil / used oil, Aluminum rolling oil, Waste edible oil, Biofuel etc. • Used as Clay Catalyst in petroleum fractionating • Wax Refining: Paraffin Wax, Vegetable Wax, Fish wax, Petroleum Jelly. • Refining of Vegetable oils • Refining of hydrogenated Vanaspati ghee oils, Margarine & shortening • Refining of Animal Fats like tallow oil, fish oil, lard oil • Refining of Mineral Oils like • Insulating oil • Rolling oil • Lube oil • Waste oil • Industrial triglycerides and fatty acids used for paints, varnishes and soaps • Paraffin and Waxes • Reducing and controlling different oil parameters like Peroxide value, Anisidine value, and UV-absorption value. FFA contents etc. • Other Applications like, Bleaching of Sulphur In Effluent treatment plants Market Outlook Bleaching earth is usually made up of montemonillonite and bentonite clay, which are rich in aluminum and silicon content. They also contain magnesium, calcium, and iron. Bleaching earth is of two types: natural bleaching earth and acid activated bleaching earth. It can be categorized depending on the process employed to produce it. Natural bleaching earth is a clay that is mined, crushed, dried, ground, and sized. On the other hand, acid activated bleaching earth is produced using steps such as mining, crushing, acid treatment, washing, filtering, drying, grinding, and sizing. Bleaching earth is utilized in a number of industrial applications in the refining of vegetable, animal, mineral oil, etc. Asia Pacific is a major region of the bleaching earth market, with high demand for the product from major vegetable producers such as Indonesia, Malaysia, Thailand, Philippines, China, India, etc. Bleaching earths, used as part of the process that removes impurities from edible oils prior to final application, are a fast growing market that is estimated to be worth US$3.59bn by 2022. Demand for activated bleaching earth is projected to arise from Malaysia, Indonesia, China, and India on account of increasing production of vegetable oil in these countries. The growing responsiveness to biofuel which is derived from vegetable oil is also expected to have a positive influence on the market growth. Large amount of oil absorption during the refining of mineral or edible oil is expected to remain a key challenge for market participants. The Global Activated Bleaching Earth Market is categorized on the basis of application. On the basis of application, the market is further segmented into edible oils, mineral oils, and others. Among these, edible oils segment holds the major share of the market due to the growing use of bleaching agents for the purification of vegetable oils and fats in the food industry. The increasing demand for bleaching earth in the heavy end industries such as oil & gas, petrochemicals, food & beverages has propelled the automotive segment to witness a higher growth in the market. In addition to, it is predicted that the mineral oils & lubricants segment is set to grow at a moderate rate in the market during the forecast period. The Global Activated Bleaching Earth Market is spanned across five key regions of the world namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the global market and is expected to continue its dominance due to rising demand for bleaching earth in oil & gas, petrochemical industries, and others. These agents are widely used to improve the optimal performance and standard of oil in heavy end industries. Due to these factors, China, India, Indonesia and Malaysia are the major players in this region. The North American region is predicted to witness a higher CAGR in countries such as U.S.A., Canada and Mexico owing to growing demand for biocompatible materials in the automotive, construction and industrial machinery. In terms of application, the bleaching earth market can be categorized into oil refining, decolorization, purification, and other applications. Currently, the market is dominated by the oil refining application segment, which is anticipated to continue its dominance during the forecast period. The segment is anticipated to expand at a rapid pace during the forecast period, due to the increasing demand for oil processing applications with increase in oil production, especially in Southeast Asian countries such as Indonesia, Malaysia, Thailand, Philippines, etc. Some of the major players functioning in the Global Activated Bleaching Earth Market are Clariant (Switzerland), Taiko Group of Companies (Malaysia), BASF SE(Germany), Ashapura Perfoclay Limited (APL) (India), Musim Mas Holdings (Singapore), The W group(Malaysia), Oil-Dri Corporation of America( U.S.A), 20 Microns Nano Minerals Limited (India), AMC (UK) Limited(the U.K.), among others. Tags #Bleaching_Earth, #Activated_Bleaching_Earth, #Bleaching_Earth_Manufacture, #Bleaching_Earth_Manufacturing_Plant, #Bleaching_Earth_Manufacturing_Process, #Bleaching_Clay, #Bleaching_Earth_Product, Process for Making Activated Bleaching Earth, #Bleaching_Earth_Production, Activated Bleaching Earth Manufacture, Manufacturing Process of Activated Bleaching Earth, Use of Bleaching Earth, Production of Bleaching Earth, Manufacture of Bleaching Clay, Bleaching Earth, Process for Production of Bleaching Clay Product, Process for Producing Bleaching Clay Product, Activated Bleaching, Bleaching Earth Industry, Bleaching Earth Manufacturing Business, Bleaching Earth Manufacture in India, Project Report on Bleaching Earth Manufacturing Industry, #Detailed_Project_Report_on_Bleaching_Earth_Production, Project Report on Bleaching Earth Production, Pre-Investment Feasibility Study on Bleaching Earth Manufacturing, Techno-Economic feasibility study on Bleaching Earth Production, #Feasibility_report_on_Bleaching_Earth_Production, Free Project Profile on Bleaching Earth Manufacturing, Project profile on Bleaching Earth Production, Download free project profile on Bleaching Earth Production, Making of Bleaching Earth, Bleaching Earth Manufacturing Project Report, Bleaching Earth Plant, Bleaching Earth Industry
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Glass Bangles & Pressed Wares of Glass

Glass Bangles The colorful varieties of glass bangles make them a visual treat, a cultural necessity for some, a style statement for many and all. Women since ancient times have donned glass bangles and have flaunted them with utmost grace and pride. Glass bangles have different names and forms of identity throughout India. Glass Bangles are traditionally rigid bracelets, originating from the Indian subcontinent, which are usually made of metal, wood, glass or plastic. They are traditional ornaments worn mostly by women from the Indian subcontinent. It is common to see a new bride wearing glass bangles at her wedding; the traditional view is that the honeymoon will end when the last bangle breaks. Bangles are always in demand across the globe be it of any kind i.e. glass, metal, plastic or any other. Imitation bangles are demanded more than gold bangles due to many factors one of the being cost and other being varieties available. Pressed Wares of Glass The pressed glassware is made by pressing glass into molds of iron.
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Chocos (Ready-to-Eat Breakfast Cereal Food)

Breakfast cereal is a food product made from processed cereal grains and often eaten for breakfast, primarily in Western societies. It is most often mixed with milk, yogurt, or fruit. Some companies promote their products for the health benefits from eating oat-based and high-fiber cereals. In the United States, cereals are often fortified with vitamins but can also lack many of the vitamins needed for a healthy breakfast. A significant proportion of cereals are made with high sugar content. Many breakfast cereals are produced via extrusion. Breakfast cereals may also be puffed, flaked or shredded. The cereal may also be coated in chocolate or frosting before it is dried. The global breakfast cereal market size was valued at USD 37.44 billion in 2016. It is projected to expand at a CAGR of 4.3% from 2017 to 2025. Growing popularity of on-the-go breakfasts, coupled with surging demand for organic cereals and rising health awareness among consumers, is one of the key trends accelerating market growth. The global breakfast cereal market report has been segmented on the basis of product type, source, and region. On the basis of product type, the market is segmented into hot cereals and ready-to-eat cereals. Ready to eat breakfast segment dominates the global market in terms of revenue and expected to maintain its dominance over the forecast period, owing to low cost and increasing demand for convenient food products among consumers. Breakfast options such as biscuits and cereal bars are anticipated to stoke market growth. Besides this, expanding base of health-conscious consumers and rising purchasing power are estimated to provide a fillip to the market. In recent times, a large number of consumers are focused on reducing calorie intake by cutting down their portion sizes and replacing traditional breakfast options with breakfast cereals. Ready-to-eat cereals are projected to lead the market as it is an on-to-go product and is convenient for consumption in working population. Also, hot cereals are expected to show a rapid increase in CAGR as it provides an organic and whole grain based cereal breakfast diet. Further, the market on the basis of the distribution channel is divided into convenience stores, hypermarkets and supermarkets, online channel and others.
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Humic Acid Manufacturing Industry

Humic Acid Manufacturing Industry. Production of Humic Acid Humic acid is any of a variety of organic acids obtained from organic constituents of soil (humus), coal, and peat. It is also a key component of ocean water, dystrophic lakes, and upland streams. The process by which these acids are formed from humus is not well understood, but it is thought to be formed through the biodegradation of dead organic matter. Humic acid is frequently used as a soil amendment to enhance crop productivity. Humic Acids can be applied as: 1. Seed Treatment 2. Root Dip. 3. Seedling Dip. 4. Foliar Spray. 5. Soil Application. 6. Through Drip Irrigation. 7. Application in Mushroom Bags. 8. Tank mix with Herbicides. 9. Tank mix with Insecticides. 10. Along with inorganic fertilizers. Benefits of Humic Acid Throughout history, farmers have used humic acid to generate healthier plants and a higher crop yield. Today, humic acids are even more essential than ever, for the reasons mentioned above. Here are just a few of the many benefits of humic acid. • Increases nutrient uptake • Increases water-holding capacity in soil • Improves the overall soil structure. • Stimulates microbial activity • Regulates the pH-value of soils. • Chelates toxins from the soil. • Helps to eliminate iron chlorosis by increasing iron uptake • Improves overall plant health, helping plants better resist predators and disease • Stimulates root growth, which increases crop volume • Increases germination Market Outlook The global humic acid market is on track to grow to reach a market value of USD 973.06 Mn by the end of 2023. Humic acid is derived from humic matter which is the result of chemical and biological humification of plant and animal matter in tandem with microorganism activities. Humic acid is rich in essential nutrients, vitamins, and trace minerals which is immensely beneficial for the soil and can also be used in dietary supplements. Market Research Future's report has studied the entirety of the market in its global humic acid market report. In 2017, the market was valued at USD 484.77 Mn and is estimated to grow at a healthy CAGR of 12.42% during the review period from 2018 to 2023. The global humic acid market is driven notably by the rising demand for humic acid by farmers and agriculturists as a remarkable soil amendment. There is growing use of this natural acidic organic polymer in increasing nutrient uptake in plant, decreasing toxin in the soil, and in improving soil structure of various types. The rising adoption of organic foods of farming, in light of growing popularity of organic food across the globe, is a key factor boosting the humic acid market. The rising use of humic acid in horticulture, ecological bioremediation, and dietary supplements applications is a notable factor propelling the humic acid market growth. The humic acid market is also catalyzed by the rising investments in adopting sustainable ways of farming in agriculture and horticulture. In particular, there is a promising demand for humic acids in agriculture for soil and foliar applications is on account of their functional benefits in reducing the use of fertilizers and pesticides. In addition, humic acids are also gaining traction among farmers to increase their yield. Humic acid can be categorized on the basis of application into free radical scavenger & anti-oxidant, organic electrolyte, pollution detoxifier and nutrients. Antioxidant application segment is expected to witness rapid growth owing to lower molecular weight and the ability to promote oxidation-reduction reaction in transition metals. Increasing application as a chelation and pollution detoxifying agent is predicted to augment global market demand over the forecast period. Humic acid also catalyzes toxic pollutants’ breakdown in order to decompose silica to release important mineral nutrients which may promote product demand in global market. However, during chlorination process, humic acid present in treated drinking water can react with chemicals to produce fumigates such as dihaloacetonitriles. This factor may restrain market growth over the forecast period owing to toxicity of dihaloacetonitriles. Humic acid market application includes agriculture, horticulture, dietary supplements, ecological bioremediation, and others such as residential gardening, vertical farms, medicines, etc. Agricultural application is poised to hold sway the global humic acid market through the forecast years owing to rising inclination towards organic farming in the developed countries. This segment growth will also be boosted by various government subsidiaries and grants in different countries around the globe. Humic acid market is directly dependent on the growing popularity of organic farming industry and increasing usage of organic minerals in horticulture and ecological remediation. Adverse environmental and health effects of chemical fertilizers induce the product demand. Industry participants are concentrated in the developed countries to meet the continuously increasing local demand. Rising trend towards sustainable and organic cultivation in the developing regions has led to establishment of several medium and large scale companies in countries such as China and India. By the end of 2030, global food demand will rise by 35% and majority of this demand must be met by increasing crop yield. Increasing product usage to provide adequate nutritional value to the agricultural land in order to promote sustainable farming will propel the global humic acid market in coming years. The product tends to improve the soil texture and water retention properties and promotes bio-activity of the soil to make it more fertile and productive. The shift of focus of agriculturists around the globe towards improving the soil productivity to mitigate crop losses and enhance agricultural outputs will positively influence the humic acid market demand. Additionally, surging demand for humic substances from agriculture and animal feed industries, backed by increasing awareness about the harmful effects of synthetic fertilizers, inorganic chemical compounds and artificial compounds is fueling the humic acid market, globally. Moreover, huge demand for humic acid from turf applications in construction industry and water purification sector is anticipated to positively influence the global humic acid market during the forecast period. Geographically, the European market accounted for the largest share in the global humic acid market in 2014. However, Asia-Pacific is a highly attractive market and presents a huge growth opportunity for the market players, owing to the increasing demand for food crops, amidst rapid industrialization in the major economies of the region, especially China, India, and South Korea. Along with the focus on increasing food production, the end users are also focusing on increasing the production efficiency, by not only increasing the yield but also preventing crops from diseases. This is a major reason for the shifting attention of the bio stimulants manufacturers towards this region. The local and regional players are also ramping up production capacities, in order to gain from the rapidly increasing demand from agricultural sectors. Such developments in turn will have a significant effect on the Asia-Pacific market. Also, huge population growth, and growing nutritional demand are likely to contribute greatly to the market growth. Moreover, rise in the product usage to offer sufficient nutritional value to the agricultural land for the promotion of the sustainable farming might affect the market growth positively. However, variation in the product quality might impede the market growth in the near future. The key companies operating in the global Humic acid market include Canadian Humalite International Inc., China Green Agriculture Inc., Double Dragons Humic Acid Co. Ltd. Xinjiang, Grow More Inc., Humic Growth Solutions Inc., HUMINTECH GmbH, Nutri-Tech Solutions Pty Ltd., ODUS(UK) Ltd., Omnia Specialities Australia, and Vellsam Materias Bioactivas S.L. Tags #Production_of_Humic_Acids, #Formulation_and_Manufacturing_Process_of_Humic_Acid, #Humic_Acid_Manufacturing_Process_Pdf, #Humic_Acid_Formula, #Humic_Acid_Production_Process, How to make Humic Acid, Humic Acid Manufacturing Process, Producing Humic Acid, Humic Acid Production, Humic Acid Manufacturing Plant, Humic Acid Manufacture, #Humic_Acid_Industry, Project Report on Humic Acid Manufacturing Industry, Detailed Project Report on Humic Acid Production, #Project_Report_on_Humic_Acid_Production, Pre-Investment Feasibility Study on Humic Acid Production, #Techno_Economic_feasibility_study_on_Humic_Acid_Production, #Feasibility_report_on_Humic_Acid_Production, #Free_Project_Profile_on_Humic_Acid_Production, Project profile on Humic Acid Production, Download free project profile on Humic Acid Production, Process for Preparation of Humic Acids, How to make your own Humic Acid
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