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

Bangladesh representing a potential market in itself (and potential access to the much larger South Asian market) Bangladesh also offers considerable potential as a base for labor-intensive manufacturing. Low-cost labour is the factor most often cited by the private as well as the public sector in Bangladesh when asked to name the most attractive features of the country. In addition to its large population and low-cost labour, Bangladesh offers major reserves of natural resources, in particular natural gas.

Bangladesh is a moderate, secular and liberal democracy with immense potentials. It has earned global reputation in poverty alleviation, primary school enrollment, women empowerment, family planning, infant, under-five mortality rate and maternal mortality ratio reduction, lowering number of communicable diseases and child immunization.

Bangladesh is in the process of a transition from a predominantly agrarian economy to an industrial and service economy. The private sector is playing an increasingly active role in the economic life of the country, while the public sector concentrates more on the physical and social infrastructure. Bangladesh has great ambitions that offer great opportunities in the energy, Agriculture, transportation and environmental sectors for the best domestic as well as international enterprises.

Business Sectors and Thrust Areas in Bangladesh

Agriculture Sector

Bangladesh is well known for its progress in human development. The economy of Bangladesh is primarily dependent on agriculture. About 84% of the total population lives in rural areas and are directly or indirectly engaged in a wide range of agricultural activities. Bangladesh has the essential attributes for successful agri-based industries namely rich alluvial soil, a year-round frost-free environment, available water and an abundance of cheap labor. Increased cultivation of vegetables, spices and tropical fruits now grown in Bangladesh could supply raw materials to local agribusiness industries for both domestic and export markets.

Agriculture plays a key role in Bangladesh’s economic growth. Bangladesh’s rural economy, and specifically agriculture, have been powerful drivers of poverty reduction in Bangladesh.

There may be investment opportunities in:

  • Fresh produce production for local and export markets;
  • Production of fertilizers and seeds;
  • Eco-friendly jute production, supported by the jute technology development institute;
  • Aquaculture and Processed fish;
  • Halal foods;
  • Milk and dairy products;
  • Cold storage facilities;
  • Agricultural products for export markets, including herbs, spices, nuts, and pulses;
  • Canned juice and fruits

 

Transportation Sector

Bangladesh's transport and logistics sectors offer immense opportunities for investors, as the country is found most wanting in the area. Improvements in ports, road, rail, and air services are all essential for a country that is in the midst of historic growth.

As of we are a developing country the main development issue is on building the infrastructure to enhance the economic growth as well as achieve the economic freedom. Bangladesh ever since the independence has focused on constructing roads & highways. In last three decades transportation sector & construction of roads has been the top priority of government. Private sector, are ready to invest, in Bangladesh's transport infrastructure and trade logistics, towards Bangladesh's growth. Invest in the country. The government will provide the policy support and security.

Opportunity

  • Replacement and up gradation of old signaling and interlocking system
  • Replacement and up gradation of old signaling and interlocking system.
  • Rehabilitation of old Line.
  • Construction of Railway line from Khulna to Mongla.
  • Procurement of trains for introduction commuter Trains
  • Studies for strengthen/reconstruction of existing Bridges.
  • Construction of missing links in the rail corridor between Bangladesh India border

Transportation sector business is a profitable business. Ever since independence this sector has been dominated by private owners.

 

Power and Energy Sector

Bangladesh has experienced rapidly rising energy consumption over the past two decades. This trend will intensify further in the coming years as economic growth and development efforts accelerate—Bangladesh strives to become a middle-income country by 2021.

Electricity is the major source of power for most of the country's economic activities. Noncommercial energy sources, such as wood fuel, animal waste, and crop residues, are estimated to account for over half of the country's energy consumption. Bangladesh has small reserves of oil and coal, but very large natural gas resources. Commercial energy consumption is mostly natural gas (around 66%), followed by oil, hydropower and coal.

Planned and appropriate use of electricity is fundamental to the economic progress of Bangladesh. There is a huge demand for electricity for all sectors of the economy including agriculture, industry and service sectors. Other than household use of electricity in rural areas, the scale of demand for electricity in agricultural, SMEs and income generating activities is going up.

 

Textile Industry

From spinning to weaving, from knitwear to leisurewear and high street fashions, the textiles and clothing industry is Bangladesh’s biggest export earner. This rapidly growing sector of the Bangladeshi economy offers a unique competitive edge that supports profitable expansion into new strategic markets.

As global demand for cheap clothing rises rapidly, Bangladesh’s position as the second biggest exporter in the world continues to hold strong, which is mainly due to its large population and low labour costs. Bangladeshi manufacturers will be forced to enhance productivity levels in order to maintain their competitive advantage.

The phenomenal growth in the readymade garment (RMG) sector in the last decade created many new factories and employment opportunities. Yet, even with these challenges ahead, as global trade picks up in the coming years, demand for Bangladeshi garments is also expected to increase, thereby prompting much-needed economic growth for the developing state. Enormous investment opportunities exist in this sector. In the RMG industry demand for fabric significantly exceeds local supply and so is currently being met by imports.

The importance of the textile industry in the economy of Bangladesh is very high. The growing trend in the textile and the RMG sector means that Bangladesh is favorably positioned to appeal to foreign investors.

Sector highlights:

  • Low-cost and high-quality products that are produced on time, reliably and very competitively with a skilled work force;
  • A unique regional location for expansion into key Asian and other markets;
  • Privileged trading status with Canada, the EU and Japan;
  • Clusters of companies providing a local supplier base with depth in skilled labour, training, and technical development facilities.

There may be investment opportunities in:

  • Carding Cloth
  • Silk Reeling Unit
  • Jeans, Cotton Casuals & Shirts
  • Implantable Surgical Suture (Biomedical Textile)
  • Acrylic Blanket for Warming Human Coverage Purpose
  • Viscous Rayon
  • Readymade Garments (T-Shirt)
  • Sanitary Napkins
  • Jeans Manufacturing Unit

 

Jute Sector

Jute is a vital sector from economical, agricultural, industrial, and commercial point of view in Bangladesh. Once upon a time jute was called the ‘Golden Fibre’ of Bangladesh. It is one of the cheapest and the strongest of all natural fibers and considered as fibre of the future. Jute is second only to cotton in world's production of textile fibers. The jute trade is centered mainly on Bangladesh and the Indian State of West Bengal. The major producing country of jute is Bangladesh, due to its natural fertile soil. Being a major player in the long history of jute trade and having finest natural fiber, Bangladesh has always had an advantage in raw jute trading. Bangladesh is still the largest producer and exporter of raw jute in the world. After the emergence of Bangladesh as an independent state the contribution of the industry to the nation's GDP and in the field of employment declined (in absolute and relative terms). But Still the jute industry must be said to be playing an important role in the national economy: it provides direct employment to about 150 lakh people even after the closure of 40 per cent of its production capacity, pays over Tk 100.00 crores for insurance and similar amount as cost of internal transport of raw jute, earns about Tk 150.00 crores worth of foreign unchanged and consumes 30 lakhs of raw jute, thereby benefiting millions of jute cultivators.

There may be investment opportunities in:

  • Jute Garments
  • Coir Pith
  • Jute Twine (Jute Rope) & Gunny Bag from Raw Jute
  • Jute Yarn, Jute Sutli & Hessian Cloth Weaving Integrated Unit
  • Jute Shopping Bags
  • Jute Ropes/Sutli
  • Jute Mill (With Spinning & Weaving)
  • Activated Carbon Powder from Jute Sticks


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Investment Opportunities to Start Aluminium Cans for Beer and Beverage Project

Investment Opportunities to Start Aluminium Cans for Beer and Beverage Project. Production of Most Sustainable Beverage Container. The aluminium beverage will is now the popular choice for carbonated and still soft drinks, mineral waters, beers and lagers. It competes with success against drinks containers of glass, plastic and steel, and is that the only drinks container that control system recycling applies; a second hand aluminium drinks will is recycled back to aluminium can sheet for the manufacture of another aluminium drinks will. The range of drink cans includes the standard drink will with a 206 mm diameter finish, and current machine conversions additionally afford the production of a 202 mm diameter finish. Can sizes include 330 ml, 355 ml and 375 ml. Raw Materials The raw material of the aluminum beverage will is, of course, aluminum. Aluminum is derived from AN ore called mineral. U.S. aluminum producers import bauxite, primarily from Jamaica and Guinea. The bauxite is refined so smelted, and the ensuing melted aluminum is cast into ingots the aluminum base, for beverage cans consists principally of aluminum, however it contains little amounts of other metals additionally. These are usually 1% magnesium, 1% manganese, 0.4% iron, 0.2% silicon, and 0.15% copper. An outsized portion of the aluminum employed in the liquid will business springs from recycled material. Twenty-five percent of the overall American aluminum provide comes from recycled scrap, and the beverage will business is that the primary user of recycled material. The energy savings are significant once used cans are remitted, and therefore the aluminum will industry currently reclaims more than 63% of used cans. Advantages of Aluminium Can The various advantages that make it a choice material are: ? Light Weight: its light weightiness makes aluminium containers easy to transport, carry and store. ? Impermeable: The containers made from aluminium are impermeable to odor, gases or water vapor. ? The containers do not impart any metallic odor or taste to the containers ? The aluminium containers, stack-up well against other beverage containers. They occupy less space to carry same volume of contents when compared to glass bottles. ? The aluminium cans have no bottom or side seams, thus minimizing chances for leakages. ? It has high strength to weight ratio. ? The cans can be made tamper proof. ? In certain cases, such as dairy products, internal lacquering is not necessary. ? It is a good conductor of heat, which means heating, or chilling is quick and efficient. ? It shows quite corrosion resistance. ? It offers excellent recycling property. The Manufacturing Process 1 CUTTING THE BLANK The modern methodology for creating aluminum beverage cans is termed two-piece drawing and wall ironing. The method begins with associate aluminum ingot that was cast to be about 30 inches (76 cm) thick, then rolled into a thin sheet. The primary step in the actual manufacture of the will is to chop the sheet into a circle, called a blank which will type all-time low and sides of the will. Every blank is five.5 inches (14 cm) in diameter. Some material is essentially the tiny ripples at the highest of the metal are called "ears". "Earing" is an unavoidable effect of the crystalline structure of the aluminum sheet. The tiny ripples at the top of the metal are called "ears". "Earing" is an unavoidable impact of the crystalline structure of the aluminium sheet. Lost between every circle, however manufacturers have found that minimum aluminum is lost when the sheets are wide enough to hold 2 staggered rows of seven blanks each. Concerning 12-14% of the sheet is wasted, however may be reused as scrap. After the circular blank is cut, it is "drawn" or pulled up to form a cup 3.5 inches (8.9 cm) in diameter. 2 REDRAWING THE CUP The small cup ensuing from the initial draw is then transferred to a second machine. A sleeve holds the cup precisely in place, and a punch down swiftly into the cup redraws it to a diameter of concerning a pair of.6 inches (6.6 cm). The peak of the cup will increase simultaneously from the initial 1.3 to 2.25 inches (3.3 to 5.7 cm). The punch then pushes the cup against three rings known as ironing rings, which stretch and thin the cup walls. This complete operation—the drawing and ironing—is worn out one continuous punch stroke, that takes only one fifth of a second to complete. The cup is currently concerning 5 inches (13 cm) high. Then another punch presses up against the bottom of the cup, inflicting the bottom to bulge inward. This form counteracts the pressure of the carbonated liquid the will contain. All-time low and lower walls of the will are a little thicker than the upper walls, for added strength. 3 TRIMMING THE EARS The drawing and ironing method leaves the will slightly wavy at the highest. These little ripples within the metal are known as "ears." "Earing" is an unavoidable effect of the crystalline structure of the aluminum sheet. Aluminum companies have studied this phenomenon extensively, and they are able to influence the position and height of the ears by controlling the rolling of the aluminum sheet. Nevertheless, some material is lost at this stage. a few quarter in. is trimmed from the highest of the will, feat the higher walls straight and level. 4 cleaning AND DECORATING The drawing and ironing process leaves the outer wall of the will with a swish, shiny surface, therefore it doesn't need to any extent further finishing reminiscent of polishing. After the ears are cut, the will is cleaned then imprinted with its label. After the will is decorated, it's squeezed in slightly at the highest to a make a neck, and also the neck is given an out-ward projection at the terribly high edge, which will be folded over once the lid is added. 5 THE LID The lid is formed of a slightly completely different alloy than the aluminum for the bottom and sides of the will. The inward bulge of all-time low of the will helps it stand up to the pressure exerted by the liquid within it, however the flat lid should be stiffer and stronger than the bottom, therefore it's made of aluminum with a lot of magnesium and less MN than the rest of the will. This ends up in stronger metal, and the lid is considerably thicker than the walls. The lid is move a diameter of 2.1 inches (5.3 cm), smaller than the 2.6-inch (6.6 cm) diameter of the walls. The center of the lid is stretched upward slightly and drawn by a machine to form a rivet. The pull tab, a separate piece of metal, is inserted below the rivet and secured by it. Then the lid is scored in order that once the tab is pulled by the patron, the metal can detach easily and leave the proper opening. To ensure that the cans are created properly, they're automatically checked for cracks and pinholes. One in 50,000 cans is sometimes found to be defective. 6 FILLING AND SEAMING After the neck is formed, the will is ready to be stuffed. The will is held tightly against the seat of a filling machine and a beverage is poured in. The lid is added. The higher projection fashioned once the will was given its neck is then bent around the lid and seamed shut. At this time, the will is prepared for sale. Applications Food Fruits & vegetables Convenience food Pet food Meat & seafood Other food products Beverage Alcoholic beverages Carbonated soft drinks Sports & energy drinks Other beverages Pharmaceuticals Chemicals Others Market Outlook Market Outlook of India increased the beverage market in India by 20% Can-Pack india has steered a revolution within the Indian beverage packaging business with the setup of a state of the art facility for the manufacture of two-piece aluminium beverage cans. Can-Pack India is India's first and only aluminium beverage can manufacture company. in sight of the tremendous changes within the Indian economy, the globalization} process, advent of consumerism in india and also the importance of environment protection for the standard of life, Can-Pack Asian country have achieved the highest production standard providing our customers with the very best quality of beverage cans. Can-Pack India is the undisputed market leader with a 70% market share and our sales are growing year on year.500ml, 330ml regular and 330ml FIT aluminium beverage cans necked to 202 or 206 dia. Sustainability has become inevitable and aluminium packaging has become the number one choice for beverages all over the globe for the advantages it renders. While the Indian drinks market currently uses around 1 billion aluminium cans each year or 15,000-16,000 metric tons of aluminium this could increase to 5 billion cans--or 90,000-100,000 tons of metal-in seven to eight years. India is expected to consume around 2.7 million tons of aluminium, a small fraction of the 65.5 million tons of estimated global demand, but while industry estimates peg global aluminium consumption growth at 4%-6% annually, India's consumption of the metal should grow at a rate of 11%-12%. The India aluminum beverage can market size is projected to reach USD 457.4 million by 2025 at a CAGR of 10.7%. The segment is expected to register a healthy volume-based CAGR of 7.6% over the forecast amount. One among the most important factors driving the segment within the last decade has been increasing sale of brew (in aluminum food cans) through off-premise retail channels comparable to grocery, mass merchandisers, and convenience stores. These stores are that includes additional canned beer offerings than those offered by bars and restaurants (on-premise retailing). Despite the presence of a large consumer base, the Indian beer business has been witnessing lower levels of beer consumption, which may be attributed to restrictions on the supply of beer (alcohol) in certain states of the country. In terms of volume, the alcoholic beverages application segment is expected to witness steady growth over the forecast amount, because of rising popularity of on-the-go alcohol options. West India dominated the market in terms of revenue, with a market share of thirty one.4% in 2017, owing to increasing consumption of energy and sports drinks. This can be attributed to high performance of the tourism industry within the region. Aluminum Cans of 201-450 ml to Stay in Demand With beverage industry behemoths such as Coca-Cola and PepsiCo preparing to roll out water packaged in aluminum, market players are ramping up the production of aluminum cans of a wide range of capacities. Owing to advantages such as lightweight and easy to transport and store, 201-450 ml aluminum cans continue to witness relatively high demand, amid the rise of ‘on-the-go’ culture and growing popularity of ready-to-drink (RTD) beverages. Manufacturers are also focusing on higher range of capacities including 700-1000ml and more than 1000ml to capitalize on rapidly growing demand from paints & lubricants and personal care & cosmetics industries. Market Outlook of Global The global beverage cans market size is expected to reach USD 60.92 billion by 2024. The growth is driven mostly by increasing demand for compact beverage packaging solutions worldwide. Demand for energy drinks, canned cold coffee and iced tea in Europe and Latin America are expected to grow significantly driving the beverage can market boom. This is expected to propel the demand for aluminium beverage cans in these countries causing an export boom from the can producing countries. North America is a major consumer of carbonated drinks and other flavoured soda drinks and during the forecast period, the country is expected to influence the demand for aluminium cans significantly. Aggressive promotion by soft drink manufacturers such as Coca-Cola is also expected to have a positive impact on the beverage cans market growth. The global beverage cans market is anticipated to expand at a rapid pace due to the rise in demand for aerated drinks and rise in consumption of packaged juices. Consumers are adopting healthier style that successively is propelling the demand for beverage cans for vegetables and fruits juices and caffeine-based drinks similar to low and iced tea. Moreover, the expansion of the beverage cans market will be attributed to the increase in consumption of alcoholic beverages, such as beer and potable, which require to be cooled at specific temperatures to boost their style. However, fluctuations in raw material costs and complexities within the manufacture of steel beverage cans are expected to restrain the beverage cans market. Innovation in style form and recapping of beverage cans are anticipated to form opportunities within the market. Key Players:- Bharat Containers (Nagpur) Pvt. Ltd. Hindustan Tin Works Ltd. Kandhari Beverages Pvt. Ltd. Punsumi Foils & Components Ltd. Zenith Tins Pvt. Ltd. Ball Aerocan India Pvt. Ltd. Ball Beverage Packaging (India) Pvt. Ltd. Can-Pack India Pvt. Ltd. Nilraj Engineering Works Pvt. Ltd. Shetron Ltd. Tags:- #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #startupbusinessideas #businessestostart #startupideas #AluminiumCans #Aluminium #Packaging #beveragecans #Beveragesindustry #aluminiumbusiness #aluminiumindustry #aluminiumproduction #BeverageCanManufacturing #aluminiumpackaging #aluminiumbottles #BeerCans
Plant capacity: Aluminium Beverage Cans each 330 ml Size:13.3 Lakh Pcs. / day Plant & machinery: Rs 343 Cr
Working capital: -T.C.I: Cost of Project :Rs 399 Cr
Return: 23.00%Break even: 36.00%
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Indian Kitchen Spices (Masala Powder) Spices Powder and Blended Spices, Readymade mixes (Red Chilli Powder, Sambhar Masala, Biryani Masala, Chicken Fry Masala, Garam Masala)

A spice is a seed, fruit, root, bark, berry, bud or other vegetable substance primarily used for flavoring, coloring or preserving food. Spices are distinguished from herbs, which are parts of leafy green plants used for flavoring or as a garnish. Many spices have antimicrobial properties. Spices produce a vast and diverse assortment of organic compounds, the great majority of which do not appear to participate directly in growth and development. Today, Indian spices are the most sought-after globally, given their exquisite aroma, texture, taste and medicinal value. India has the largest domestic market for spices in the world. Traditionally, spices in India have been grown in small land holdings, with organic farming gaining prominence in recent times. India is the world's largest producer, consumer and exporter of spices. Demand for Indian spices is high because they are clean and hygienic as compared to that of other countries. The total market size of branded spices is estimated at 6,600 crore, and is growing at 14 per cent annually. While the US is the main importer of Indian spices, contributing 16 per cent of the total export value, it is followed by China at nine per cent. The UAE and Malaysia are at six per cent, while Saudi Arabia, Germany, Sri Lanka, Singapore and the UK at four per cent each. India produces almost all the known spices and the country takes pride in being one of the largest exporters of this commodity. As the spice is a mass consumption item that’s mostly used in culinary preparation or seasoning of food merchandise, its internal demand is heightening increasingly. Moreover, the Indian Spices Manufacturer in India uses matured technology-based machinery and quality-conscious resources or raw material to deliver customer-satiating products. By 2020, the Indian spice market is anticipated to reach USD 18 billion approximately. Looking at the potential in the sector the manufacture of branded spices and spice mixes are expected to get a surge. The Indian government is also aggressively promoting spice exports through various initiatives such as setting up of “spice parks” that offer common processing facilities to both producers and exporters. Blended Spices have shown remarkable growth in India in the past couple of years. The market is forecasted to grow with a CAGR of more than 9% in the near future. An increasing population of working women and consumers awareness towards adulteration has created a huge demand for blended spices. With higher purchasing power due to the high economic development of India, there has been a change in the preference of Indian consumers. The consumers are observed to be shifting from standard, local and regional brands towards national brands. The consumption of foreign brands is also observed to be increasing in Indian Blended Spices market. While the growth of blended spices and spices mix has opened a new segment for many of the players as it is currently consisting of regional players. Food and beverage industry is the most important end user of spices in the world. With a rise in disposable income, the working class and urban population in general is willing to eat in restaurants and experience different cuisines. Packaged and frozen food are also utilizing spices to make the food seem more edible while preserving it for a long time simultaneously. This has been contributing to the overall market growth of spices and will define its direction in the upcoming years. The Indian spices market is worth INR 40,000 crore annually. Key spices produced in the country include pepper, cardamom, chilli, ginger, turmeric, coriander, cumin, celery, fennel, fenugreek, ajwain, dill seed, garlic, tamarind, clove, and nutmeg among others. The market is largely unorganized and the branded segment makes up about 15%. The population in India is surging and the increasing consumer expenditure on food explains the swelling demand for food in India. Accordingly, the demand for spices is expected to grow in the future which will lead to a prominent growth in the revenues from the sales of spices in India. The revenues from India market are expected to expand to around USD 18 billion in FY’2020, growing with a CAGR of ~% from FY’2016 to FY’2020. The highest contribution to this growth is expected to come from the spice mixes and blended spices. Few Indian major players are as under Sunrise Foods Pvt. Ltd. Shubham Goldiee Masale Pvt. Ltd. Paras Spices Pvt. Ltd. M V J Spices (India) Pvt. Ltd. M V J Foods (India) Pvt. Ltd. Kitchen Xpress Overseas Ltd. MDHSpices
Plant capacity: Red Chilli Powder: 100 Kgs. / day Sambhar Masala:100 Kgs. / day Biryani Masala:100 Kgs. / day Chicken Fry Masala:100 Kgs/ day Garam Masala:100 Kgs. / dayPlant & machinery: Rs 35 lakhs
Working capital: -T.C.I: Cost of Project: Rs 195 lakhs
Return: 29.00%Break even: 53.00%
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Calcium & Zinc Stabilizer for Pipe and Foam board Application

Stabilisers are added to PVC to allow its processing and to improve its resistance especially in outdoor applications, weathering and heat ageing and have an important influence on the physical properties of PVC finished articles. Factors such as process technology involved, technical requirements of PVC end product, regulatory requirements and cost, influence the choice of the stabilizer used. Calcium-based stabilisers have also been introduced in PVC rigid calendering film production when improved organoleptic characteristics are required, for instance as alternative to tin mercaptides in transparent food packaging application or as alternative to tin carboxylates in PVC blown films shrinkable and for candy wrap. Similarly, calcium-based stabilisers are now an alternative to Liquid Mixed Metals (LMM) for several flexible applications, especially for the indoor ones, when stringent air quality requirements are in place (see “VOC improvement” under the liquid stabilisers). The use of calcium/zinc stabilizer systems has been common in PVC. Because of the characteristics of calcium/zinc stabilized materials they are widely used in many flexible and rigid PVC applications. This type of stabilizing system can give products which have a high degree of clarity, good mechanical and electrical properties, excellent organoleptic properties and good outdoor weather ability. Calcium zinc stabilizer is synthesized by special composite technology with calcium salt, zinc salt, lubricant and antioxidant as the main components. It can not only replace lead cadmium salt and organic tin and other toxic stabilizers, but also has good thermal stability, optical stability, transparency and coloring power. Practice has proved that, in PVC resin products, good processing performance, thermal stability is equivalent to lead salt stabilizer, is a good non-toxic stabilizer. The global metallic stearate market size was valued at USD 3,017.7 million in 2016. The U.S. metallic stearate market size was recorded at USD 263.9 million in 2016 and is anticipated to grow at a CAGR of over 3% from 2017 to 2025. There are various product types in the industry, including ones based on zinc, calcium, aluminum, and magnesium. The others segment includes, sodium and lithium stearates. The demand for the product in various applications, such as plastics, rubber, pharmaceutical, cosmetics, building & construction, and paints & coatings has increased over the years, and is expected to expand in major markets such as China and India.As a whole any entrepreneur can venture in this project without risk and earn profit.
Plant capacity: Calcium Stabilizer :1.33 MT / day Zinc Stabilizer:1.33 MT / day Calcium-Zinc Stabilizer:1.33 MT / dayPlant & machinery: Rs 62 lakhs
Working capital: -T.C.I: Cost of Project : Rs 291 lakhs
Return: 27.00%Break even: 58.00%
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Herbal/Ayurvedic Hand Sanitizer

Ayurvedic Herbal Hand Sanitizers provides an effective and convenient way to clean your hands when soaps and water are not available. The main ingredient in the hand sanitizers are its extracts (Vanilla, Basil and Sandalwood, Lemon), Vitamin E, and Tea Tree oil. Vitamin E softens rough and dry hands and it is proven to be treating skin infections and Tea Tree Oil softens dry cuticles and provides relief from itching. This alcohol-based sanitizers kill 99.99% bacteria, fungi and prevents from infections. It absorbs in seconds, leaving sweet fragrance and everlasting essence with a feeling upon its repetitive usage. Hand sanitizer is a gel or foam that kills germs and infectious bacteria. It is used as an alternative to hand-washing, and comes in two main varieties, those that are alcohol-based and those which are not. Hand sanitizer is listed on the WHO’s List of Essential Medicines. Hand sanitizer is a liquid or gel generally used to decrease infectious agents on the hands. They are available as liquids, gels, and foams. Formulations of alcohol-based versions are preferable to hand washing with soap and water in most situations in the healthcare setting. Generally, it is more effective at killing microorganisms than soap and water, with some exceptions such as norovirus and clostridium difficile. The general use of non-alcohol based versions has no recommendations. Outside the healthcare setting, hand washing with soap and water is generally preferred. Hand washing should still be carried out if contamination can be seen or following the use of the toilet. India hand sanitizer market is projected to surpass $ 43 million by 2025. Growth of hand sanitizer market in India can be attributed to rising awareness about healthy lifestyle & wellness, shifting consumer preference towards convenient hygiene products and rising disposable income. Moreover, the strong marketing activities by leading brands, in addition to huge endorsements, are some other drivers of hand sanitizer market in India. Moreover, the COVID-19 outbreak has boosted demand for sanitizers like never before across the diverse end user segments. Traditionally, the conventional methods include washing hands with soil, ash and water but these methods were not proven as they only clean the hands but they didn't sanitize them. With swaying time, people started using the soaps for washing hands but they were also not hygienic due to the frequent touching. Moreover, the world was also facing the outbreaks of communicable diseases such as H1N1 Swine Flu, Bird Flu, Small pox, Measles, Ebola virus, Marburg, Hantaviruses, and the recent one, Covid 19 corona virus. It became very necessary to maintain health and hygiene to overcome this diseases. Hence, the necessity of the hand hygiene products such as liquid hand wash and hand sanitizers emerged in the modern world. India hand sanitizer market is projected to surpass $ 43 million by 2025.Growth of hand sanitizer market in India can be attributed to rising awareness about healthy lifestyle & wellness, shifting consumer preference towards convenient hygiene products and rising disposable income. Moreover, the strong marketing activities by leading brands, in addition to huge endorsements, are some other drivers of hand sanitizer market in India. Moreover, the COVID-19 outbreak has boosted demand for sanitizers like never before across the diverse end user segments. Few Indian major players are as under Ayurvet Ltd. Dabur Pharmaceuticals Ltd. Himalaya Drug Co. Pvt. Ltd. PatanjaliAyurved Ltd. Emami Ltd. Truworth Health Technologies Pvt. Ltd.
Plant capacity: Herbal/Ayurvedic Hand Sanitizer (100 ml Size each): 20,000 Bottles / dayPlant & machinery: Rs 14 lakhs
Working capital: -T.C.I: Cost of Project : Rs 724 lakhs
Return: 32.00%Break even: 36.00%
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Active Pharma Ingredients (API) Amoxicillin Trihydrate, Azithromycin & Paracetamol

Active pharmaceutical ingredients are the active substances that are used in the manufacture of a drug and have a pharmacological effect. They provide health benefits and play a vital role in disease diagnosis, prevention, and treatment. Active pharmaceutical ingredients may be synthesized either chemically or through biotechnological methods. The Active Pharmaceutical Ingredient (API) is the part of any drug that produces the intended effects. Some drugs, such as combination therapies, have multiple active ingredients to treat different symptoms or act in different ways. Active Pharmaceutical Ingredient (API), is the term used to refer to the biologically active component of a drug product (e.g. tablet, capsule). Drug products are usually composed of several components. The aforementioned API is the primary ingredient. Other ingredients are commonly known as "excipients" and these substances are always required to be biologically safe, often making up a variable fraction of the drug product. The procedure for optimizing and compositing this mixture of components used in the drug is known as "formulation." India is the seventh largest country in the world and has the second highest population. It has a parliamentary democratic form of government and has abundant natural resources and sufficient oil reserves. The country has a huge skilled, English-speaking, and inexpensive labor force. Its young population and current economic policies have made it one of the largest recipients of FDI in the world. The global active pharmaceutical ingredient market size is expected to reach a value of USD 286.6 billion by 2027, registering a CAGR of 6.7% over the forecast period. Factors, such as increasing preference for outsourcing APIs and growing prevalence of various target diseases such as cancer and Cardiovascular Diseases (CVDs) are expected to drive the market growth. Majority of specialty API companies are increasing their manufacturing facilities for specialty active pharmaceutical ingredients (API) to take care of or gain market share. Substantial investments within the growth of approved specialty active pharmaceutical ingredients (API) is one in all the most important factors among key players in the specialty active pharmaceutical ingredients (API) market. For instance, in early 2020, Wuxi STA opened oligonucleotide API manufacturing facility in Changzhou, China to cope up with the increasing demand. In 2018, Cordon Pharma expanded operations with new commercial oligonucleotide active pharmaceutical ingredients (API) manufacturing capabilities at its FDA inspected Colorado facility. The emergence of COVID-19 has brought the world to a standstill. We perceive that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies will help within the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost each sector is anticipated to be impacted by the pandemic. Role of Government towards API The coronavirus outbreak disrupting supply of active pharmaceutical ingredients (APIs) and medical devices from China to India, the government has come out with four schemes worth Rs 13,760 crore to encourage manufacturing of bulk drugs and medical devices in the country and their exports. On March 21, the Union Cabinet under the chairmanship of Prime Minister Narendra Modi had approved an expenditure of Rs. 9,940 crore and Rs. 3,820 crore for APIs and medical devices, respectively. The Cabinet also approved a scheme on promotion of bulk drug parks for financing common infrastructure facilities in three bulk drug parks with financial implication of Rs. 3,000 crore for next five years. The government will give grants-in-aid to states with a maximum limit of Rs. 1,000 crore per bulk Drug Park. Parks will have common facilities such as solvent recovery plant, distillation plant, power and steam units, common effluent treatment plant etc. The government further approved production linked incentive (PLI) scheme for promotion of domestic manufacturing of critical KSMs/drug intermediates and APIs in the country with financial implications of Rs. 6,940 crore for next eight years. Financial incentive will be given to eligible manufacturers of identified 53 critical bulk drugs on their incremental sales over the base year (2019-20) for a period of 6 years. Out of 53 identified bulk drugs, 26 are fermentation based bulk drugs and 27 are chemical synthesis based bulk drugs. Rate of incentive will be 20 per cent (of incremental sales value) for fermentation based bulk drugs and 10 per cent for chemical synthesis based bulk drugs. The PLI scheme will lead to expected incremental sales of Rs. 46,400 crore and significant additional employment generation over eight years. The drug industry has welcomed the incentives offered by the government to promote API units in India. Besides APIs, the Cabinet also approved the scheme for promotion of medical device parks in the country in partnership with the states. A maximum grant-in-aid of Rs. 100 crore per park will be provided to the states. It will have financial implications of Rs. 400 crore. The PLI scheme for promoting domestic manufacturing of medical devices will have financial implications of Rs. 3,420 crore for next five years. Medical device is a growing sector and its potential for growth is the highest among all sectors in the healthcare market. It is valued at Rs. 50,026 crore for 2018-19 and is expected to reach to Rs. 86,840 crore by 2021-22. India depends on imports up to an extent of 85 per cent of total domestic demand of medical devices. Union Cabinet scheme on Promotion of Bulk Drug Parks • The scheme on Promotion of Bulk Drug Parks for financing Common Infrastructure Facilities in 3 Bulk Drug Parks with financial implication of Rs. 3,000 crore for next five years. • Production Linked Incentive (PLI) Scheme for promotion of domestic manufacturing of critical KSMs/Drug Intermediates and APIs in the country with financial implications of Rs6,940 crore for next eight years. Details: Promotion of Bulk Drug Parks • Decision is to develop 3 mega Bulk Drug parks in India in partnership with States. • Government of India will give Grants-in-Aid to States with a maximum limit of Rs. 1000 Crore per Bulk Drug Park. • Parks will have common facilities such as solvent recovery plant, distillation plant, power & steam units, common effluent treatment plant etc. • A sum of Rs. 3,000 crore has been approved for this scheme for next 5 years. Production Linked Incentive Scheme • Financial incentive will be given to eligible manufacturers of identified 53 critical bulk drugs on their incremental sales over the base year (2019-20) for a period of 6 years. • Out of 53 identified bulk drugs, 26 are fermentation based bulk drugs and 27 are chemical synthesis based bulk drugs. • Rate of incentive will be 20 % (of incremental sales value) for fermentation based bulk drugs and 10% for chemical synthesis based bulk drugs. • A sum of Rs. 6,940 crore has been approved for next 8 years. Few Indian major players are as under Alpha Remedies Ltd Ankur Drugs & Pharma Ltd. Aurobindo Pharma Ltd. Dr. Reddy'S Laboratories Ltd. Glaxosmithkline Pharmaceuticals Ltd. Farmson Pharmaceutical Gujarat Pvt. Ltd.
Plant capacity: Paracetamol:1,000 Kgs / day Azithromycin:500 Kgs / day Amoxicillin Trihydrate:500 Kgs / dayPlant & machinery: Rs 175 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1322 lakhs
Return: 29.00%Break even: 47.00%
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Surgical & N95 Masks

A surgical mask, also known as a procedure mask, medical mask or simply as a face mask, is intended to be worn by health professionals during surgery and during nursing to catch the bacteria shed in liquid droplets and aerosols from the wearer's mouth and nose. They are not designed to protect the wearer from inhaling airborne bacteria or virus particles and are less effective than respirators, such as N95 or FFP masks, which provide better protection due to their material, shape and tight seal. Surgical masks are designed to keep operating rooms sterile, preventing germs from the mouth and nose of a wearer from contaminating a patient during surgery. Although they have seen a rise in popularity among consumers during outbreaks such as the coronavirus, surgical masks are not designed to filter out viruses, which are smaller than germs. The India surgical mask market accounted for $58 million in 2017, and is projected to reach $95 million by 2025, registering a CAGR of 6.1% from 2018 to 2025. Surgical masks are made of natural fiber, such as cotton or disposable linen or synthetic materials, such as polypropylene. They are made of different layers including a hydrophobic outer layer, a middle filtering layer, and an inner hydrophilic layer to absorb the fluid and moisture. They are used as a barrier to avoid cross contamination by microorganisms and are used during surgical procedures. The surgical mask is used by surgeons during procedures and other medical professionals while interacting with the patients to avoid cross contamination of microorganisms. The India surgical mask market is driven by various factors, such as increase in elderly population, increase in adoption of surgical mask in the general population, and surge in prevalence of contagious and chronic diseases such as tuberculosis and asthma. Furthermore, rise in the number of medical device manufacturing companies is also anticipated to supplement the growth of the surgical masks industry. The demand within the global market for surgical mask has been rising on account of advancements in the field of medical surgery and diagnosis. Surgical masks are meant to protect doctors and surgeons from harmful infections and pathogens that may get suspended in the surgery room. Furthermore, the patient who is under treatment also needs to be protected from infectious agents that may be discharged by others in the surgery rooms. Hence, the global market for surgical mask is expected to expand at a stellar pace in the years to follow. There have been multiple attempts at manufacturing improved surgical masks, and this has given an impetus to market growth. The world is currently experiencing the pandemic of an infectious disease called COVID-19. This infection leads to multiple organ failure, acute & severe respiratory disorders, pneumonia, and even death in severe cases. Hence, surge in number of people with coronavirus infections is anticipated to drive the global surgical face masks market. According to the World Health Organization, globally, 823,626 confirmed and 72,736 new cases of COVID-19. The effectiveness of surgical face mask in blocking the transmission of SARS is 68%. Therefore, it is widely used by medical workers as part of droplet transmission precaution when caring for patients with respiratory infections. Hence, increase in use of surgical face masks is projected to fuel the growth of the global surgical face masks market. Furthermore, vulnerable populations, such as older adults with chronic conditions, are at high risk of infectious diseases, including COVID-19. Hence, the use of face mask to prevent infections by the geriatric population is anticipated to drive the global market. Few Indian major players are as under 3M India Ltd. Health Insurance T P A Ltd. GoodKimberly-Clark India Pvt. Ltd. Mediklin Healthcare Ltd. Surgeine Healthcare (India) Pvt. Ltd.
Plant capacity: Surgical Face Masks (each Pkts = 25 Pcs.): 1,694 Pkts / day N95 Face Masks (each Pkts = 5 Pcs.): 8,467 Pkts / dayPlant & machinery: Rs 350 lakhs
Working capital: -T.C.I: Cost of Project : Rs 865 lakhs
Return: 29.00%Break even: 53.00%
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Biodegradable Plastic Bags from Corn & Cassava Starch Granules

Biodegradable plastic is plastic that decomposes naturally in the environment. This is achieved when microorganisms in the environment metabolize and break down the structure of biodegradable plastic. The end result is one which is less harmful to the environment than traditional plastics. Corn starch is blended with suitable plasticizer, lubricants and other chemical additives and processed in a twin screw extruder to produce thermoplastic starch pellets or granules. These pellets are further processed to manufacture cast or blown films. If disposed of correctly, packaging material made from cornstarch will break down into carbon dioxide and water within several months. However, if the material is not disposed of correctly cornstarch-based material will take longer to decompose, especially if there is no oxygen or light available. The global biodegradable plastic packaging market was valued at USD 4.65 billion in 2019, and is expected to reach a market value of USD 12.06 billion by 2025, registering a CAGR of 17.04% during the forecast period of 2020-2025.Growing environmental concerns regarding plastic usage that consists of toxic pollutants which are harming plants, animals, and people are driving the use of biodegradable plastic. Stringent regulations by various government and federal agencies with an objective to reduce plastic waste and promote biodegradable plastics usage in packaging is boosting the demand of this market. Regulations related to green packaging is increasing and various FMCG companies are required to adopt biodegradable packaging to comply with the standards which in turn is propelling the growth of this market. Biodegradable plastic is plastic that decomposes naturally in the environment by the action of microorganisms in the environment that metabolize and break down the structure of biodegradable plastic. The end result is one which is relatively less harmful to the environment than the traditional plastics. Non-decomposable plastics are a global environmental problem. Governments around the world are dealing with this problem by banning single-use plastics and promoting biodegradable plastics. Moreover, consumers are willing to pay more for biodegradable plastics owing to their eco-friendly nature. Moreover increasing use of biodegradable plastics in packaging and agriculture sectors is projected to drive the global biodegradable plastics market. Based on end-use industry, the biodegradable plastics market has been segmented into packaging & bags, consumer goods, agriculture & horticulture, textile, and others (automotive, medical, and building & construction). Packaging & bags is the largest and the fastest-growing end-use industry of biodegradable plastics. The new applications of biodegradable plastics in the packaging industry are diaper banking, adult incontinence products, and landfill covers. With several innovative products coming up, the use of biodegradable plastics in packaging is expected to increase further.
Plant capacity: Biodegradable Plastic Bags from Corn Starch Granules (Per Bag 25 gms Size): 6 MT per/ day Biodegradable Plastic Bags from Cassava Starch Granules (Per Bag 25 gms Size) : 6 MT per/ day Plant & machinery: Rs 77 lakhs
Working capital: -T.C.I: Cost of Project: Rs 485 lakhs
Return: 31.00%Break even: 59.00%
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Hydrated Lime Production from Limestone

The term “hydrated lime” is widely used to describe a powdered calcium hydroxide product made by reacting quicklime with a controlled excess of water. The product is essentially dry and generally contains less than 1% of un-reacted water. The process is called “hydration” and should be differentiated from “slaking” which involves the production of a dispersion of calcium hydroxide in water. However, the expression “slaked lime” is used as a generic term for hydrated lime, milk of lime and lime putty. An estimated 10 to 15% of the quicklime produced in developed countries is converted in to hydrated lime and the percentage may be higher in countries which do not have a large steel industry. Because hydrating plants are relatively complex and can be fed with surplus grades of quicklime, there are relatively few of them and they are normally located at a lime works. While the chemical reactions involved in the formation of hydrated lime are simple, the physical chemistry is complex. Lime is second to petroleum as the world's most widely used chemicals. It is used for coagulation, hydroxylation and absorption. Lime is a major component of fertilizer and soil conditioner in agriculture. In the preparation of insecticides, medicines and livestock feeds, lime is used. In the chemical industries, leather industries use lime extensively for liming. Other industries that use lime include cement, soap, steel and paper industries. The global hydrated lime market size will grow by 31.24 MMT during 2018-2022. In terms of value, the global lime market is anticipated to expand at a CAGR of ~ 6% and reach a value of US$ ~65.4 Bn by 2027. Hydrated Lime is a caustic solid substance, white when pure and is obtained by calcining limestone and others forms of calcium carbonates. Hydrated lime has become one of the most important industrial minerals because of its chemical and physical properties, as well as its commercial importance and the simplicity in its production. They are agriculture, water treatment, building, tannery, food processing, breweries, and soft drink, paint and chemical industries. On the basis of geography, the global hydrated lime market can be segmented into nine key regions, namely, South East Asia Pacific, Latin America, Western Europe, Middle East & Africa, China, Japan, Eastern Europe, and India. With growing investments in the Latin America region in the construction sector, the market in the region is projected to witness significant traction. Further, an increase of coal mining and the production of coal in the Asian market are expected to subsequently drive the demand for hydrated lime at the regional level. Increasing demand for pesticides from the South East Asia Pacific region, the hydrated lime market is estimated to grow with a healthy growth rate. Also, China and India are major consumers of hydrated lime. In term of steel production, Europe dominates the market (the region has 168.7 million metric tons production of steel in 2017), owing to that, the demand for hydrated lime in Europe will increase in next few years. Further, the hydrated lime market in developed economies like North America estimated to grow with a healthy growth rate during the forecast period. Few major players are as under Shandong Zhongxin Calcium Industry Co., Ltd., Mississippi Lime Company, Pete Lien & Sons, Inc., Linwood Mining & Minerals Corp., Lhoist, Cheney Lime & Cement Company, United States Lime & Minerals Inc.
Plant capacity: Hydrated Lime: 120 MT / day Plant & machinery: Rs 181 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1415 lakhs
Return: 28.00%Break even: 68.00%
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Sodium Borohydride usingTrimethyl Borate

Sodium borohydride, also known as sodium tetrahydridroborate and sodium tetrahydroborate, is an inorganic compound with the formula NaBH4. This white solid, usually encountered as a powder, is a reducing agent that finds application in chemistry, both in the laboratory and on an industrial scale. It has been tested as pretreatment for pulping of wood, but is too costly to be commercialized. The compound is soluble in alcohols, certain ethers, and water, although it slowly hydrolyzes. Sodium Borohydride, also known as sodium tetrahydridroborate, is a white solid, usually encountered as a powder, widely used as a reducing agent in various industries like pharmaceuticals, pulp & paper, metal recovery, textiles, organic chemical purification and others. Sodium borohydride is an effective and a selective specialty reducing agent used in the manufacture of pharmaceuticals. Sodium borohydride is used for reduction of metal ions, carbonyls and peroxides as well as purification and removal of oxidation, odor and color of precursors in organic chemical products. Sodium borohydride is also used to control pollution and recycle noble metals. Sodium borohydride is a less expensive metal hydride and is an efficient and cost-effective reducing agent. Sodium borohydride finds wide area of applications in the synthesis of many intermediates used in manufacture of medicines and fine chemical products, pharmaceuticals, the recovery & preparation of catalysts, precious heavy metals & rare earth metals among others. Sodium borohydride is used as a reducing agent when reacting with ketone chlorine, aldehyde and ketone. Sodium Borohydride Market size is estimated to grow at a moderate rate from 2016 to 2024 owing to the growth in wood pulp, textile, and pharmaceuticals industries. Extensive usage as a bleaching agent in wood pulp and textiles industry will be a major driver for the global sodium borohydride market in the coming years. Pulp and paper industry is likely to grow on the account of increasing demand from the packaging industry. Environmental sustainability of pulp-based packaging material for food products will be a major boosting factor. Rising worldwide pulp consumption and growing textiles industry owing to changing consumer preference for natural fiber based textiles will also augment the industry growth. Sodium borohydride is also used as a hydrogen storage agent due to high hydrogen density, low cost, and relative air stability. With the current global trend to use alternative and clean energy rising, use of hydrogen as a clean fuel is being considered by many countries. Although this trend will lead to increased product use, but commercial and large-scale use of hydrogen as fuel is still far away due to technological limitations. Scope for the product to be used as hydrogen storage agent by energy and automobile industry is mostly at the research phase and will provide a plethora of opportunities for sodium borohydride market growth in the coming years. Sodium borohydride market will witness growth on the account of its application to produce sodium dithionite, a reducing agent used in wood pulp and bleaching industries. Sodium dithionite is also used to produce alcohols by reducing aldehydes and ketones which are used to manufacture various antibiotics. Growing antibiotics demand in the underdeveloped countries of Asia Pacific and Middle East & Africa will propel the global sodium borohydride market in the coming years. The product is also used in the synthesis of gold nanoparticles, which are used in various fields such as electron microscopy, chemotherapy, radiotherapy, medical research etc. Gold nanoparticles industry is expected to grow by over 25% CAGR in the forecast period which will drive the sodium borohydride market.
Plant capacity: Sodium Borohydride : 3,000 Kgs / dayPlant & machinery: Rs 92 lakhs
Working capital: -T.C.I: Cost of Project : Rs 711 lakhs
Return: 32.00%Break even: 61.00%
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Refrigerant Gas R22 Bottling Plant

A refrigerant is a substance or mixture, usually a fluid, used in a heat pump and refrigeration cycle. In most cycles it undergoes phase transitions from a liquid to a gas and back again. The ideal working fluid or often called refrigerant would have favorable thermodynamic properties, be noncorrosive to mechanical components, and be safe, including freedom from toxicity and flammability. The desired thermodynamic properties are a boiling point somewhat below the target temperature, a high heat of vaporization, a moderate density in liquid form, a relatively high density in gaseous form, and a high critical temperature. Since boiling point and gas density are affected by pressure, refrigerants may be made more suitable for a particular application by appropriate choice of operating pressures. Chlorodifluoromethane or difluoromonochloromethane is a hydro chlorofluorocarbon (HCFC). This colorless gas is better known as HCFC-22, or R-22, or (CH ClF2). It is commonly used as a propellant and refrigerant. R-22 cylinders are colored light green. R22 is a single component HCFC refrigerant that has historically been used for air conditioning, medium temperature and low temperature refrigeration. The refrigerants market size is estimated to be USD 22.9 billion in 2018 and is projected reach USD 31.0 billion by 2023, at a CAGR of 6.2% between 2018 and 2023. The market is mainly driven by the rising demand for refrigerants from the applications domestic, commercial, and industrial refrigeration; chillers; window, split, VRF, and other air-conditioning systems; and MAC. Growing demand for refrigerants in upcoming applications has created various opportunities for its manufacturers. APAC is the key market for refrigerants, globally, followed by North America and Europe, in terms of volume. One of the primary drivers of the market is the increasing demand for consumer appliances in these regions. Increase in demand for energy-efficient cooling solutions and rising awareness regarding global warming and ozone depletion is expected to shape the industry over the forecast period. Fluorocarbon phase-out as per regulations laid down by the Montreal Protocol and updated by the Kyoto Protocol has led to a resurgence in demand for natural refrigerants. The hydrocarbon and inorganic segments are, therefore, expected to witness considerable growth. The stationary air conditioning, chillers, and heat pumps segment dominated the market by application and accounted for over 47% of the overall volume in 2016. Increased spending power of the middle class on consumer appliances, such as refrigeration systems, has resulted in the growth of this segment. Rising demand for cooling equipment owing to rapid industrialization, deteriorating weather conditions, and growth in the manufacture of consumer appliances has also positively influenced its demand. Commercial refrigeration is another application witnessing significant growth. Increasing hypermarket, supermarket, and food retail chains, coupled with rise in consumption of packaged and frozen foods, has boosted the demand for commercial refrigerants. Few major players are as under Jiangxi Bosheng New Refrigerant Co., Ltd. Quzhou JinyuanHongtai Refrigerant Co., Ltd Anhui T.C Refrigerant High-tech Co., LTD Hangzhou Elk Refrigerant High-Tech Co., Ltd Refrigerant & Chemical
Plant capacity: Refrigerant Gas R22 (Cylinder 10 Kgs Size): 166 Nos / dayPlant & machinery: Rs 24 lakhs
Working capital: -T.C.I: Cost of Project: Rs179 lakhs
Return: 27.00%Break even: 64.00%
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