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Investment Opportunities & Business Ideas in Nigeria, West Africa - Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

We can provide you detailed project reports on the following topics. Please select the projects of your interests.

Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

We also offer self-contained Pre-Investment and Pre-Feasibility Studies, Market Surveys and Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of Plant and Machinery, Manufacturing Process and or Equipment required, General Guidance, Technical and Commercial Counseling for setting up new industrial projects on the following topics.

Many of the engineers, project consultant & industrial consultancy firms in India and worldwide use our project reports as one of the input in doing their analysis.

We can modify the project capacity and project cost as per your requirement.
We can also prepare project report on any subject as per your requirement.

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Paraffin Wax Manufacturing Industry

Paraffin Wax Manufacturing Industry. Investment Opportunities in Wax Production Business The global paraffin wax market is expected to reach USD 8.02 billion by 2022 Paraffin wax is a colorless or white soft solid derived from petroleum, coal, and oil shale. These products find use in candle making, packaging, cosmetics, hot melt adhesives, rubber, board sizing, children’s crayons, and toys. Rising living standards coupled with the need for maintenance of home hygiene are expected to drive the demand for fragrance products such as candles, which in turn will fuel industry growth over the next nine years. Paraffin waxes are used for manufacturing candles owing to reliability and cost efficiency of the product. Wax candles are used as fragrance products and in aromatherapy on account of its low volatile organic compound emissions. Rising popularity of aromatherapy coupled with increasing usage of these products in commercial buildings, hotels, restaurants, and spas is expected to aid in the market expansion. Uses: Paraffin wax is derived from refining light to medium lubricating oil. It can be refined to be nearly colorless and odorless, making it easy to add to other products without changing the scent or color of the product. • Candles Paraffin wax candles were first used to replace tallow candles because they burn cleaner and more reliably. Paraffin wax is great for creating custom scented candles because it is colorless and odorless. Paraffin candles also burn brighter than other candle types. • Waterproofing Paraffin is naturally water resistant. Paraffin wax coatings can be applied to a variety of products to make them waterproof, including matches, wood and bottles. • Crayons Paraffin wax is the primary ingredient in crayons that gives them their waxy texture. The wax, mixed with color pigments, is poured into a mold to form the crayon. • Friction Reducer Since paraffin wax has lubricating properties, it is applied to a variety of products to reduce friction. Snowboarders, skateboarders and surfers apply paraffin wax to the bottom of their boards to help them glide easier. • Coatings Paraffin wax is added to many candy coatings and chocolates to give the treats a shiny finish. It is also used to coat fruits and vegetables to extend shelf life by retaining moisture. • Agriculture Paraffin and special mixtures are used in the fertilizer industries as anti-caking additives so as to ease their dosing, handling and transportation. • Food Paraffin forms an important coating for foods such as cheese, citrus fruits, etc. It’s also used in the production of gum base which is an important ingredient for chewing gums. • Rubber Paraffin is used in the production of tyres helping insulate them from ozone and protect them from chipping and cracking. • Electrical Appliances Paraffin is used to insulate electric nodes and appliances wirings. • Pharmaceuticals and Cosmetics Paraffin is used to coat tablets to protect their surfaces and also forms an important ingredient in a wide variety of lipsticks, creams, pastes, and lotions. • Matches Although minimal in quantity but the application of paraffin in the matchstick box lightening strips, helps regulate their burning. • Fabric All fabrics contain waxy coating that gives it softness, elasticity and flexibility. However, environmental exposure and repeated usage robs it’s of the waxy texture and needs to be recoated. Market Outlook The global paraffin wax market is expected to reach USD 8.02 billion by 2022. Increasing use of paraffin wax in flexible packaging as a good barrier against odor and gas transmission is likely to drive growth. Expansion of the food & beverage sector in various countries including China, India and Brazil is expected to drive industry growth over the upcoming period. Growing application of the product for manufacturing candles along with its rising requirement in packaging and hot melts is expected to stimulate the paraffin wax demand over the forecast period. Moreover, these products provide excellent water resistance to packaging materials and are anticipated to witness significant rise over the forecast period. Paraffin waxes are used for manufacturing fragrance candles as they are economical and require lesser machinery costs. Growing demand for aromatherapy and consumer awareness regarding home ambiance is expected to drive the requirement of fragrance waxes, which in turn is likely to aid in market expansion over the upcoming years. In addition, rising consumption of chlorinated paraffin as a flame retardant and plasticizer in flexible PVC is likely to drive market growth over the next nine years. Increasing usage in the production of industrial coatings, hot melt adhesives, plastic & rubber processing aids, body care products, metal casting, pharmaceuticals, and electrical insulations is expected to drive demand in the near future. Paraffin waxes are petroleum-sourced products, and therefore volatile petroleum prices along with harmful emissions are likely to restrain industry growth over the forecast period. Furthermore, the increasing usage of environment-friendly alternatives, such as beeswax, soy, and polyethylene wax, are expected to pose challenges for the product growth. Paraffin wax market is projected to witness significant growth with growing demand for candles in key consuming economies during the forecast period. Further, growing manufacturing industries especially in Asia Pacific and Europe fueling the demand for the packaging products which in turn is anticipated to drive the demand for paraffin wax during the forecast period. Besides this, rapid growth in disposable income of middle class in developing economies fueling the demand for cosmetic products such as personal care products, creams, lipsticks and others are projected to witness high growth in sales volumes which in turn are expected to pump the growth of the paraffin wax over the forecast period. However, increasing use of alternatives such as Beeswax and others is expected to hamper the growth of global paraffin wax market. One trend in the market is use of paraffin wax in tarpaulin. Currently, paraffin wax is popularly used to manufacture waterproof tarpaulin. These tarpaulins have the advantages of waterproofing, durability, and cost-effectiveness. Tarpaulins are widely used for either protecting or covering agricultural crops and vehicles. Rising demand for creams, lipsticks, ointments, and personal care products is expected to drive industry growth. Developing personal care industry in countries including the U.S., India, France, China, Brazil, Argentina, Russia, Indonesia, South Africa, Thailand, Saudi Arabia, and UAE is further expected to create growth opportunities for the product over the upcoming years. The global paraffin wax market is becoming increasingly competitive with growing number of mergers and collaborations between market players to expand their production capabilities to meet the demand for paraffin wax. In addition, several players are also focused on developing their niche in the market. India and China are the primary contributors to the paraffin wax market as they are the largest supplier of paraffin wax. China, Taiwan, Indonesia, and Japan export large quantities of paraffin wax slabs due to their large production capacity. The candle manufacturing industry, the automobile sector, and the electrical and electronic industry will contribute to the growth of this industrial wax market in APAC. Tags #Paraffin_Wax, #Manufacture_of_Paraffin_Waxes, #Production_of_Paraffin_Waxes, #Paraffin_Wax_Manufacturing_Plant, Paraffin Wax Uses, Manufacturing Process of Wax, Preparation of Paraffin Wax, Commercial Uses of Paraffin Wax, Paraffin Wax Manufacturing Process, #Paraffin¬¬_Wax_Production, Paraffin Wax Formula, Paraffin Wax Manufacture, Paraffin Wax Manufacturing, #Paraffin_Wax_Industry, Paraffin Wax Manufacture in India, How to Make Paraffin Wax, Production Application of Paraffin Waxes, Chemical Composition of Paraffin Wax, Industrial Waxes, Project Report on Paraffin Wax Manufacturing Industry, #Detailed_Project_Report_on_Paraffin_Wax_Manufacturing, #Project_Report_on_Paraffin_Wax_Manufacturing, Pre-Investment Feasibility Study on Paraffin Wax Manufacturing, Techno-Economic feasibility study on Paraffin Wax Manufacturing, #Feasibility_report_on_Paraffin_Wax_Manufacturing, #Free_Project_Profile_on_Paraffin_Wax_Manufacturing, Project profile on Paraffin Wax Manufacturing, Download free project profile on Paraffin Wax Manufacturing
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Butene-1 Manufacturing Industry

Butene-1 Manufacturing Industry. Industrial Production of 1-Butene Butene-1 Market in Asia Pacific to reach US$787.8 million by 2026 Butene-1 is a colourless flammable gas. Butene-1 is used as co monomer in the production of high density polyethylene (HDPE) and linear low density polyethylene (LLDPE). 1-Butene, an organic chemical belonging to the family of alpha olefins, is a colourless combustible gas. There are various methods of production of 1-Butene, such as from refinery crude stream of C4 hydrocarbons and natural gas, dehydrogenation of butane and dimerization of ethylene, which is stored and transported as compressed liquefied gas. It finds major applications as co-monomer in manufacture of high density poly-ethylene (HDPE), linear low density poly-ethylene (LLDPE), which are used for food and non-food packaging such as bags and stretch wraps, toys, containers, pipes, etc., in production of polyethylene/ polypropylene resins having properties such as flexibility as well as high tear strength. 1-Butene is also used to produce valeraldehyde, polybutene, butadiene, butylene oxide, maleic anhydride, Secondary Butyl Alcohol (SBA) and Methyl Ethyl Ketone (MEK). In addition to this, 1-Butene finds application as an intermediate for manufacturing of plasticizers, antioxidants, corrosion inhibitors, herbicides and as additives used in hydraulic and lubricating oils. 1-Butene is predominantly used in the production of polyethylene. It is used as a comonomer in a range of polyethylene applications such as flexible and rigid packaging. It is also used in oilfield drilling applications, as it has low volatility, low odor, and aids in anaerobic biodegradation in marine environment. Market Outlook The global 1-Butene market is projected to reach USD 4.21 billion by 2021, at a CAGR of 7.1% from 2016 to 2021. The linear low-density polyethylene (LLDPE) segment led the 1-Butene market, due to increasing demand of LLDPE across industries such as packaging, food & beverages, and construction. The global supply-demand scenario, regional trade flow analysis, price analysis of 1-Butene and plant capacity of the leading players are covered in the report. The 1-Butene market has been segmented on the basis of application (LLDPE, HDPE, Valeraldehyde, and others), and by region (North America, Europe, Asia-Pacific, and Rest of the World). Strong demand for polyethylene, the largest market sector at 65%, will keep butene-1 in demand despite competition from other co-monomers hexane-1 and octane-1. Linear low-density polyethylene (LLDPE) and high-density polyethylene (HDPE) resins are growing at respective rates of 1.5% and 3% annually. Because of the co-monomer displacement by other alkenes in the fastest growing segments of the polyethylenes, butane-1 will experience growth of somewhat less than half the thermoplastics' growth rates. Butene-1 is less expensive than the alternative co-monomers, so the loss in market share is somewhat mitigated by the more favorable economics of production. The Asia Pacific market for butene-1 is highly consolidated in terms of geography and is dominated by China. While India and ASEAN countries are key contributors to the market’s revenues, they have a scarcity of suppliers as well as large-scale manufacturers of butene-1, and the markets are thus undersupplied. The market in China, on the other hand, is oversupplied and helps satisfy the demand for butene-1 in the rest of the Asia Pacific. Of the key applications of butene-1, the segment of polyethylene co-monomers account for over 65% of the overall market. In terms of geography, China held a nearly 64% share in the market and is expected to continue dominance over the forecast period as well. Presence of a large supplier base and vast production facilities have made the China butene-1 market oversupplied. The demand for alpha olefins is also likely to increase in the Middle East owing to large-scale oilfield drilling activities in the region. In addition, 1-Butene is used as a copolymer in the production of gasoline, butadiene, and other products, which increases its scope of applications in the developing countries. In addition to these factors, the Asia Pacific market for butene-1 is also driven by the expansion of the packaging industry in the region in the past few years. Plastic packaging materials form one of the core segments of the packaging industry. As a large number of plastic packaging materials are prepared from polybutylene-1, the flourishing packaging market is also expected to have a significant positive impact on the overall development of the Asia Pacific butene-1 market. The main reason for the high demand for 1-Butene can be attributed to the increasing consumption of plastics and automobiles, which are its largest end-use industries. The growing plastics industry worldwide drives the market for 1-Butene, and demand is expected to be higher in emerging countries. The rising demand for plastic packaging in food, pharmaceutical, and other industries is boosting the plastics market, which in turn is expected to drive the alpha olefins market. 1-Butene is used as a copolymer in the production of gasoline, butadiene, and other products, which increases its scope of applications. Tags Production_of_Butene-1, 1-Butene, Commercial_Production_of_1-Butene, Butene-1, Butene_1_Production_Process, Application_of_Butane-1, Colourless Flammable Gas, Alpha Olefins, 1-Butene_Industry, Chemical Manufacturing, Chemical Industry, 1-Butene Compound, Project Report on 1-Butene manufacturing Industry, Detailed_Project_Report_on_Butene_1_Production, Project_Report_on_Butene-1_Production, Pre-Investment Feasibility Study on Butene-1 Production, Techno-Economic feasibility study on Butene-1 Production, Feasibility_report_on_Butene-1_Production, Free Project Profile on Butene-1 Production, Project_profile_on_1-Butene_manufacturing, Download free project profile on Butene 1 Production, Butene 1 Manufacture, Industrial Production of Butene-1
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Kraft Paper

Kraft paper is paper produced from chemical pulp produced in the kraft process. Sack kraft paper, or just sack paper, is a porous kraft paper with high elasticity and high tear resistance, designed for packaging products with high demands for strength and durability.Paper and paper board can be manufactured by using different types of raw materials. Raw materials account for 45-50 per cent of the total cost of production and form an important segment of manufacturing paper and paper board. The world consumption of paper and paperboard is estimated at over 300 mntonne a year. It is constituted broadly of 30% of cultural papers (writing and printing), 14% of newsprint, and the balance of kraft and packaging paper including paperboards. The Indian production is about 2 to 3% of the global total.The estimated turnover of the industry is Rs. 500 bn approximately and its contribution to the exchequer is around Rs. 45 bn.As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • Achal Paper Inds. Ltd. • Agrashakti Paper Mills Pvt. Ltd. • Aryan Paper Mills Ltd. • Bazargaon Paper & Pulp Mills Pvt. Ltd. • Best Paper Mills Pvt. Ltd. • DevPriya Papers Pvt. Ltd.
Plant capacity: Kraft Paper: 50 MT/day Duplex Board as by product: 9 MT/dayPlant & machinery: Rs. 1069 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 2131 lakhs
Return: 27.00%Break even: 53.00%
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Milk Processing and Dairy Products (Ghee, Khoa, Cream, Toned Milk 3% Fat, Thandai, Shrikhand)

Milk is a complete balanced food that provides complete nutrition in a balanced proportion and is rich in fats, milk proteins, vitamins, and minerals.Milk is a liquid and therefore requires a container at every stage of movement from the cow to the consumer. The various types of packaged milk include full cream, skimmed, toned, double-toned etc., depending on the fat content and milk solids content of the milk. The Indian dairy market recorded a CAGR of 13% during 2010-2016. The factors which have contributed to this growth are increasing population, rising disposable incomes, health consciousness among the consumers, government initiatives, etc. As a result of these, the market is further expected to reach a value of more than INR 16,000 Billion by 2022.This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Ajinkya Milk Processing Ltd. • Amrut Industries Ltd. • Bhagyalaxmi Dairy Farms Pvt. Ltd. • Bhole Baba Milk Food Inds. Ltd. • Chanakya Dairy Products Ltd. • Creamline Dairy Products Ltd.
Plant capacity: Toned Milk 3% Fat: 3000000Kgs/Annum Khoa: 300000Kgs/Annum Thandai: 300000 Kgs/Annum Shrikhand: 150000 Kgs/Annum Cream: 15000Kgs/Annum Ghee: 60000 Kgs/AnnumPlant & machinery: Rs. 227 lakhs
Working capital: -T.C.I: Cost of Project: Rs509 lakhs
Return: 30.00%Break even: 63.00%
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Optical Fibre

Fiber optics, or optical fiber, refers to the medium and the technology associated with the transmission of information as light pulses along a glass or plastic strand or fiber. Optical fibre-based current and voltage sensors are becoming popular for such applications because of the many advantages these sensors offer over the conventional current and voltage transformers. The Indian domestic optical fibre market, during the past fiscal has grown tremendously and it is expected to over read a value of USD 290 mn by 2018, registering a growth at a CAGR of 12.5 %.The global Optical Fibre market was valued at $509.7 billion US Dollars (USD), with a steady Compound Annual Growth Rate (CAGR) of 5.8% between 2014 and 2020.Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • AkshOptifibre Ltd. • Aksh Technologies Ltd. • Cosmos Fibre Glass Ltd. • Crest Precision Screws Pvt. Ltd. • Everlast Composites Pvt. Ltd. • General Optics (Asia) Ltd.
Plant capacity: Optical Fibre Preform 50 Dia: 3000000 KMeters/AnnumPlant & machinery: Rs. 3013 lakhs
Working capital: -T.C.I: Cost of Project : Rs3828 lakhs
Return: 29.00%Break even: 60.00%
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Water Soluble Fertilizer Blends For Drip Irrigation Systems

A water soluble fertilizer is a compound that dissolves easily in water and provides nutrients for plants. This type of fertilizer may then be absorbed quickly and completely by the plant root system. It is typically used entirely by the plant and washes out of the soil without leaving behind an excess of unused nutrients or toxins.With water soluble fertilizers it is easy to control the precise amount of nutrients available to plants. India water soluble fertilizers market stood at around $ 185 million in 2016 and is projected to grow at a CAGR of over 6% to surpass $ 356 million by 2027, on account of increasing popularity of complex water-soluble fertilizers and micronutrients in horticulture and ornamental crops.India is the second biggest consumer of fertilizer in the world next only to China.As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • Arawali Phosphate Ltd. • Basant Agro Tech (India) Ltd. • Bharat Chemicals & Fertilizers Ltd. • Brahmaputra Valley Fertilizer Corpn. Ltd. • Coimbatore Pioneer Fertilzers Ltd. • DeogiriFertilisers Ltd.
Plant capacity: NPK Fertilizer (19-19-19) (in 5 Kgs Size Pack) : 32 MT/dayPlant & machinery: Rs. 87 lakhs
Working capital: -T.C.I: Cost of Project: Rs529 lakhs
Return: 28.00%Break even: 60.00%
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Bauxite Calcination (by Rotary Kiln with Fine Grinding Ball Mill)

Calcined bauxite is an important raw material for two main markets: refractories and abrasives.Bauxite is a naturally occurring, heterogeneous material comprised primarily of one or more aluminum hydroxide minerals plus various mixtures of silica (SiO2), iron oxide (Fe2O3), titaniai (TiO2), alumino silicates (clay, etc.), and other impurities in trace amounts. India currently imports 60% of its Calcined Bauxite from China. Spurred by expansion of domestic steel production, a scarcity of acceptable quality of bauxite from China and raising import cost, drives are now under way in India to produce high grade bauxite from domestic bauxite sources.Global Calcined Bauxite Market was valued at $16,680 million in 2016, and is expected to reach $29,648 million by 2023. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Bombay Minerals Ltd. • Gujarat Bauxite Ltd. • Gujarat Mineral Devp. Corpn. Ltd. • Hind AluminiumInds. Ltd. • IntelliproAviatech Ltd. • M M T C Ltd.
Plant capacity: Calcined Bauxite: 40 MT/dayPlant & machinery: Rs. 219 lakhs
Working capital: -T.C.I: Cost of Project: Rs766 lakhs
Return: 26.00%Break even: 56.00%
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Bauxite Calcination (by Rotary Kiln with Fine Grinding Ball Mill)

Calcined bauxite is an important raw material for two main markets: refractories and abrasives.Bauxite is a naturally occurring, heterogeneous material comprised primarily of one or more aluminum hydroxide minerals plus various mixtures of silica (SiO2), iron oxide (Fe2O3), titaniai (TiO2), alumino silicates (clay, etc.), and other impurities in trace amounts. India currently imports 60% of its Calcined Bauxite from China. Spurred by expansion of domestic steel production, a scarcity of acceptable quality of bauxite from China and raising import cost, drives are now under way in India to produce high grade bauxite from domestic bauxite sources.Global Calcined Bauxite Market was valued at $16,680 million in 2016, and is expected to reach $29,648 million by 2023. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Bombay Minerals Ltd. • Gujarat Bauxite Ltd. • Gujarat Mineral Devp. Corpn. Ltd. • Hind AluminiumInds. Ltd. • IntelliproAviatech Ltd. • M M T C Ltd.
Plant capacity: Calcined Bauxite: 40 MT/dayPlant & machinery: Rs. 219 lakhs
Working capital: -T.C.I: Cost of Project: Rs766 lakhs
Return: 26.00%Break even: 56.00%
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High Temperature Aluminium Based Paint

Heat Resistant Aluminum Paint. 600°C. These paints can resist heat, flames, grease, rust and smoke, which make them ideal for specific applications.Paint is prepared by mixing a particular binder or binder combination, solvent or solvent blend, additives and, perhaps, pigment or group of pigments together in an exact way to produce a specific formulation that, when cured, will possess certain properties. Global demand for paint and coatings is forecast to rise 3.7 percent per year to 54.7 million metric tons in 2020, valued at $193 billion.The market has observed a surge in demand for High Temperature Coatings from the automotive industry for its usage in vehicle protection and is a crucial driver of the market. High Temperature Coatings are extensively used cookware, stoves & grills, bakeware as it provides excellent resistance against heat.Which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under • A P Coatings Ltd. • Advance Paints Pvt. Ltd. • Akzo Nobel Coatings India Pvt. Ltd. • Asian Paints Indl. Coatings Ltd. • Asian Paints P P G Pvt. Ltd. • Bombay Paints Ltd.
Plant capacity: High Temperature Aluminium Based Paint: 200 Kg/dayPlant & machinery: Rs 8 lakhs
Working capital: -T.C.I: Cost of Project : Rs. 52 lakhs
Return: 28.00%Break even: 66.00%
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Dehydrated Fruits

Dehydration is a process by which shelf life of the fruits can be extended by evaporating water while preserving the taste.Dehydrated products can be used during off season and the fresh produce of far off places can be saved from decomposition due to severe weather conditions and inefficient transport facilities. It is one of the oldest methods of preserving fruit is removes moisture stops the growth of bacteria, yeasts & molds that normally spoil fruit. The Indian dried fruits industry size is currently pegged at Rs 15,000 crore (4,50,000 tons approx.). By 2020, this is likely to reach almost a million tonnes in volume, leading to an industry size exceeding Rs 30,000 crore. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • EstelAgrotech Ltd. • Freshtrop Fruits Ltd. • Infragro Industries Ltd. • Konkan Mango Processing (Ratnagiri) Pvt. Ltd. • Peninsular Agro Pvt. Ltd. • Ready Foods Ltd.
Plant capacity: Dehydrated Fruits: 400 Kgs./dayPlant & machinery: Rs. 1084 lakhs
Working capital: -T.C.I: Cost of Project : Rs1425 lakhs
Return: 26.00%Break even: 45.00%
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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