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How To Start A Copper Powder Manufacturing Business Using Electrolytic Copper Refining And Water Atomization Technology | |
| In many modern gadgets, including cellphones, computers, and refrigerators, copper powder is a crucial component. The need for Copper Powder increases along with the world population. There is a lot of money to be made in this new industry given the continuously expanding demand and high price point. Due to the burgeoning industry of producing three-dimensional things using this technology, the need for copper powder, a key component of the 3D printing process, has surged recently. According to experts, copper powder will continue to be utilised in the future and will be an essential component of many products made using 3D printing technology, including medical devices as well as electronic and aerospace components. Applications and Benefits of Copper Powder There are several applications for copper powder, which has no taste or odour. It frequently serves as an electrically conductive channel throughout the production process. Additionally, copper powder can be used to colour, stain, and coat wood to protect it. Additionally, because copper powders don't contain any harmful substances, they make a great alternative to lead in various paints and gunpowder. Finally, because it can shield against high levels of radiation without endangering people or other living things, copper powder is very helpful in space travel. As a result, several space missions currently launch objects into orbit with copper powder. Although pure copper powder has only recently gained popularity, copper powder alloys have been utilised for ages. Numerous products, including paint, textile printing, and cosmetic pigments, can employ copper powder. The material copper is generally cheap, simple to deal with, and has a long shelf life. Additionally, because it doesn't contain any heavy metals or other harmful materials, it is regarded as one of the most environmentally responsible manufacturing options. Additionally, because of how quickly it biodegrades, recycling is not necessary for the product to break down. Additionally, it is more environmentally friendly than certain alternatives because it requires only 25% of the raw materials, which means less energy is used during manufacture. Finally, this choice does not include lead, in contrast to many metal powders now on the market. Indian Market outlook The market for copper powder in India is expected to grow significantly over the coming years due to the rising demand for it. Numerous industries, including the automobile, electronics, construction, and others, use copper powder significantly. In addition, there are numerous novel uses for copper powders in numerous manufacturing industries, which are creating new markets for this good. So that you may seize these possibilities when they present themselves, it is essential that you keep up with the most recent news from this sector. Global Market outlook During the projected period, 2020–2030, rising demand for copper powder is anticipated to propel the global market at a CAGR of 4.22%. The market for copper powder is predicted to experience a quick expansion throughout the course of the next assessment period as a result of the extensive use of copper powder in several end-use industries, including metallurgy, electronics, and manufacturing. The rising usage of powder metallurgy in the automotive sector and the broad use of atomized copper powders in surface coating processes are the main factors driving the market's expansion. The high demand for copper powders in 3D printing applications is predicted to create new growth opportunities for industry players globally. The expansion of the market, nonetheless, is anticipated to be constrained in the coming years by the fluctuating cost of raw materials. In conclusion, this plan predicts that Copper Powder will be a booming business. A major factor in this is that the product is different from other products currently on the market and can be used by many people. This means that customers are more likely to purchase the product because it satisfies their needs and they don't have to buy additional items in order to use it. So check out the business plan, and start investing in this Copper Powder manufacturing business! Key Players: • Mitsui Mining & Smelting Co. • Sumitomo Metal Mining Co. Ltd (Japan) • Shanghai CNPC Powder Material Co. • Kymera International (US) • Fukuda Metal Foil & Powder Co. • Gripm Advanced Materials (China) • GGP Metalpowder AG (Germany) • Pometon S.p.A. (Italy) • Carl Schlenk AG (Germany) • Changsung Corporation (Korea) • Anhui Xu Jing Powder Materials Co. • SAFINA Materials (Romania) • American Chemet Corporation (US) | |
| Plant capacity: 1,20,000 Kgs Per Annum | Plant & machinery: 170 Lakhs |
| Working capital: - | T.C.I: 338 Lakhs |
| Return: 27.00% | Break even: 61.00% |
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