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

Food & Agro Processing: Project Opportunities in Haryana

PROFILE:

Food processing is a large sector that covers activities such as agriculture, horticulture, plantation, animal husbandry’s and fisheries. India is the world's second largest producer of food and has the potential of being the biggest with the food and agricultural sector. The total food production in India is likely to double in the next ten years and there is an opportunity for large investments in food and food processing technologies, skills and equipment, especially in areas of Canning, Dairy and Food Processing, Specialty Processing, Packaging, Frozen Food/Refrigeration and Thermo Processing. Fruits & Vegetables, Fisheries, Milk & Milk Products, Meat & Poultry, Packaged/Convenience Foods, Alcoholic Beverages & Soft Drinks and Grains are important sub-sectors of the food processing industry. India is one of the major food producers of world but accounts for less than 1.5 per cent of international food trade.

 

RESOURCES:

Haryana has made a significant contribution in agricultural production in the country. Agriculture is the mainstay of more than 75 per cent population in Haryana, with contribution of 28.2 per cent in GDP of the State. Rice, wheat, jowar, bajra, maize, barley and pulses are the major crops of the State. Under the diversification of crops, more and more area is being brought under cash crops like sugarcane, cotton, oilseeds, etc. New crops like castor, groundnut, soyabean and horticulture crops (vegetables and fruits) are also being encouraged. Efforts are being made to encourage intensive and extensive farming in the State. Sustainable agriculture is being promoted through the propagation of resource conserving technologies and organic farming.

Besides, Haryana is called the land of milk, with having one of the highest productions of dairy products in the country. Haryana also ranks second in fish productivity in India. Rivers, canals and drains are the main sources for capturing fisheries in Haryana. The State has Asia's biggest agricultural University known as Chaudhry Charan Singh Haryana Agricultural University at Hisar, which has already made a significant contribution in ushering 'Green Revolution'.

 

GOVERNMENT POLICIES:

The salient features of the new agricultural policy are:

•        Over 4 per cent annual growth rate aimed over next two decades.

•        Greater private sector participation through contract farming, Price protection for farmers.

•        National agricultural insurance scheme to be launched.

•        Rational utilisation of country's water resources for optimum use of irrigation potential.

•        High priority to development of animal husbandry, poultry, dairy and aquaculture.

•        Capital inflow and assured markets for crop production.

•        Exemption from payment of capital gains tax on compulsory acquisition of agricultural land.

•        Minimise fluctuations in commodity prices.

•        Continuous monitoring of international prices.

•        Plant varieties to be protected through legislation. Adequate and timely supply of quality inputs to farmers.

•        High priority to rural electrification.

•        Setting up of agro-processing units and creation of off-farm employment in rural areas.

 

Automobile: Project Opportunities in Haryana

PROFILE:

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

RESOURCES:

Automobile manufacturing sector constitutes Haryana’s primary strength, thanks to the presence of Maruti-Suzuki, Hero-Honda, Honda Motors, Escorts which have led to the development of a large number of ancillaries in this Sector. Gurgaon-Manesar-Bawal region has  been  identified  as  an  Auto  Hub  by  the  Government  of  India.  A number of auto & auto component units have already set up base in this hub. Maruti-Suzuki has already rolled-out its one-millionth car in a year. Haryana is all set to draw huge investments in the auto sector. In the last 45 days, the Haryana government has attracted investments close to Rs 1,000 crore in the sector, giving tough competition to its arch rival Punjab.

GOVERNMENT POLICIES:

Following new initiatives are expected to provide a further boost to this industry:

i) The HSIIDC had earlier allotted 8 acres of land to Automotive Research Association of India (ARAI) in IMT Manesar, for setting up Automotive Testing Laboratory, which is being run by National Automotive Testing, R&D Infrastructure Project (NATRIP). Another site measuring 46 acres has been allotted at concessional rates in IMT Manesar. The foundation stone for this facility has been laid on the 4th of June 2010. The availability of Testing and R&D facility at this centre will facilitate further development of auto & auto components industry in the State; 

ii) It is proposed to create a railway siding facility in IMT Manesar for smooth transportation of the manufactured goods from out of the IMT area for export and across various destinations in the country;

iii) The State would encourage establishment of a Logistics Centre Facility in PPP mode or through the private sector in IMT Manesar for efficient inventory management and dispatches by the industries.

Textiles: Project Opportunities in Haryana

PROFILE:

Textile is a very important part of our life, be it the clothes we wear or the bed and furnishings that we use in our daily life. The history of textile industry is very rich and has impacted the world economy in a big way. It is one of the oldest form of craft and dates back to Neolithic age. Initially twigs, leave and branches were weaved but subsequently other natural fibres were interlaced to form cloth and fabrics.

RESOURCES:

Haryana boasts of a robust handloom tradition, especially in Panipat and an equally vibrant handicraft tradition. Panipat is a major textile town of India famous for its rugs and upholstery fabric. Traditionally women would weave durries (rugs) and khes (thick coverlets) for household use whenever they would be free from agricultural and household work. However, today theses rugs, especially the panja durries (named after a weaving method) are marketed all over the world. Thick fabrics are a speciality of Haryana, as climatic conditions do not allow the use of fine threads in normal looms. The weavers have also developed their skills using thick threads and can weave many beautiful and complicated designs.

GOVERNMENT POLICIES:

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

 

Power: Project Opportunities in Haryana

PROFILE:

The power industry plays a vital role in the economic development of any country. Electricity is a key driver of rapid economic growth and industrialization in the country. It is one of the critical infrastructure on which development of several economic sectors depend. India is the world's sixth largest energy consumer accounting for about 3.5% of the world's total annual energy consumption. Availability of reliable and quality power at competitive rates to Indian industry is necessary to make it globally competitive and to enable it to exploit the tremendous potential of employment generation. Over the years, Indian power industry has shown considerable growth. Foreign direct investment (FDI) up to 100 percent has been permitted through automatic route in generation, transmission and distribution segments.

 

RESOURCES:

The power industry plays a vital role in the economic development of any country. Electricity is a key driver of rapid economic growth and industrialization in the country. It is one of the critical infrastructure on which development of several economic sectors depend. India is the world's sixth largest energy consumer accounting for about 3.5% of the world's total annual energy consumption. Availability of reliable and quality power at competitive rates to Indian industry is necessary to make it globally competitive and to enable it to exploit the tremendous potential of employment generation. Over the years, Indian power industry has shown considerable growth. Foreign direct investment (FDI) up to 100 percent has been permitted through automatic route in generation, transmission and distribution segments.

 

GOVERNMENT POLICIES:

The Government of India has modified the Mega Power Policy to smoothen the procedures further.  The modified Mega Power Policy is as follows:

(i) The power projects with the following threshold capacity shall be eligible for the benefit of mega power policy:

(a) A thermal power plant of capacity 1000 MW or more; or

(b) A thermal power plant of capacity of 700 MW or more located in the States of J&K, Sikkim, Arunachal Pradesh, Assam, Meghalaya, Manipur, Mizoram, Nagaland and Tripura or

(c) A hydel power plant of capacity of 500 MW or more

(d) A hydel power plant of a capacity of 350 MW or more, located in the States of J&K, Sikkim, Arunachal Pradesh, Assam, Meghalaya, Manipur, Mizoram, Nagaland and Tripura; 

(e) Government has decided to extend mega policy benefits to brownfield (expansion) projects also. In case of   brownfield (expansion) phase of the existing mega project, size of the expansion unit(s) would not be not less than that provided in the earlier phase of the project granted mega power project certificate. 

 

Tourism: Project Opportunities in Haryana

PROFILE:

Tourism in India is the largest service industry, with a contribution of 6.23% to the national GDP and 8.78% of the total employment in India. The tourism industry in India is substantial and vibrant, and the country is fast becoming a major global destination. India’s travel and tourism industry is one of them most profitable industries in the country, and also credited with contributing a substantial amount of foreign exchange. Indian Tourism offers a potpourri of different cultures, traditions, festivals, and places of interest.

RESOURCES:

The state of Haryana is blessed with the bounty of nature. Tourism in India is the largest service industry, with a contribution of 6.23% to the national GDP and 8.78% of the total employment in India. The tourism industry in India is substantial and vibrant, and the country is fast becoming a major global destination. India’s travel and tourism industry is one of them most profitable industries in the country, and also credited with contributing a substantial amount of foreign exchange. Indian Tourism offers a potpourri of different cultures, traditions, festivals, and places of interest.

The state of Haryana houses several Sikh Gurdwaras that represents the secular tradition of the people of the state. Apart from performing the religious duties, the Gurdwaras also engage in several social activities. Representing the variant cultural tradition of the state, Haryana has many Muslim "Shrines" that attracts. The Muslim Shrines are noted for their architectural styles. Haryana houses several "Churches" that adds to the diversity of the state. The ceilings of the Church are ornamented with beautiful designs and the walls are adorned with paintings which reflect the artistic imagination of the past golden era.

The state boasts of several places of Pilgrims which have a significant religious and historical importance. The historical place of Kurukshetra, Jyotisar, Thaneshwar, Pehowa and Panchkula reminds one of the rich historical past of our country. The state of Haryana boasts of the rich bio- diversity of the regions which is manifested through the vast reserve of the rare and endangered species of birds in the famous wild life sanctuary of the Sultanpur Bird Sanctuary. Haryana also has several "forts" that adds to the historicity of the state. The strategic location of Haryana was guarded by the construction of huge Forts.

GOVERNMENT POLICIES:

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

•        Position tourism as a major engine of economic growth;

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

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

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

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

•        Create and develop integrated tourism circuits based on India’s unique civilization, heritage, and culture in partnership with States, private sector and other agencies; and

•        Ensure that the tourist to India gets physically invigorated, mentally rejuvenated, culturally enriched, spiritually elevated and “feel India from within”.

 

E-Waste Management: Project Opportunities in Haryana

PROFILE:

E-waste is a popular, informal name for electronic products nearing the end of their useful life. E-wastes are considered dangerous, as certain components of some electronic products contain materials that are hazardous, depending on their condition and density. The hazardous content of these materials pose a threat to human health and environment. Discarded computers, televisions, VCRs, stereos, copiers, fax machines, electric lamps, cell phones, audio equipment and batteries if improperly disposed can leach lead and other substances into soil and groundwater. Many of these products can be reused, refurbished, or recycled in an environmentally sound manner so that they are less harmful to the ecosystem. This paper highlights the hazards of e-wastes, the need for its appropriate management and options that can be implemented.

 

RESOURCES:

Gurgaon known for being the home to over two hundred Fortune 500 companies and a hub of BPOs, Gurgaon is also the biggest producer of e-waste. A recent study revealed that Gurgaon generates about 8,000 metric tonnes (MT) of e-waste every year, the highest in the country. The groundwater in Gurgaon is contaminated with lead and heavy metals because of the unregulated disposal of e-waste and other solid and liquid waste, says the study.

Haryana, in fact, is still to implement its e-waste policy even after the Central Pollution Control Board notified it long back. The e-waste was growing at the pace of 20 per cent annually in India. It was going up in Delhi region, that includes Gurgaon, at the phenomenal rate of more than 40 per cent, it said. It is estimated that the Delhi region would produce about six lakh metric tons of e-waste annually and would continue to be the highest e-waste producer with Gurgaon contributing to it in a major way.

With the increasing use of computers in households, purchase of mobile phones and television sets, e-waste in Delhi region, including Gurgaon, is going to go up phenomenally, the study says. The study has revealed that IT companies in Gurgaon dispose off about 40,000 computers every year while the country’s figure is 20 lakh computers annually.

Haryana is still to introduce e-waste policy in the state. Unregulated disposal of e-waste has resulted in groundwater contamination in Gurgaon. Haryana government on e-waste disposal, the BPOs and other IT companies are taking initiatives on their own.

GOVERNMENT POLICIES:

A comprehensive law that provides e-waste regulation and management and proper disposal of hazardous wastes is required. Such a law should empower the agency to control, supervise and regulate the relevant activities of government departments. Under this law, the agency concerned should collect basic information on the materials from manufacturers, processors and importers and to maintain an inventory of these materials. The information should include toxicity and potential harmful effects.

•        Identify potentially harmful substances and require the industry to test them for adverse health and environmental effects.

•        Control risks from manufacture, processing, distribution, use and disposal of electronic wastes.

•        Encourage beneficial reuse of e-waste and encouraging business activities that use waste. Set up programs so as to promote recycling among citizens and businesses.

•        Educate e-waste generators on reuse/recycling options

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Lamp Shades and Chandeliers

Lamp Shades A lampshade is a fixture that covers the light bulb on a lamp to diffuse the light it emits. Lampshades can be made out of a wide variety of materials like paper, glass, or stone. Usually conical or cylindrical in shape, lampshades can be found on floor, desk, tabletop, or suspended lamps. The term can also apply to the glass hung under many designs of ceiling lamp. Beyond its practical purpose, significant emphasis is also usually given to decorative and aesthetic features. A common form of lamp shade on a floor lamp, for example, uses cloth or paper with a loose weave to block significant amounts of light in a horizontal direction. At the same time, the shade permits light to flow from the top and bottom. Chandelier A chandelier also known as girandole, candelabra lamp, or least commonly suspended lights) is a branched ornamental light fixture designed to be mounted on ceilings or walls. Chandeliers are often ornate, and normally use incandescent light bulbs, though some modern designs also use fluorescent lamps and recently LEDs. Chandelier as "a branched, decorative lighting fixture that holds a number of bulbs or candles and is suspended from a ceiling." In the interest of fire safety, today's chandeliers rarely hold candles, but they still impart an incomparable ambiance. The type of chandelier you choose will depend on your decorating scheme, the scale of your room, and the electrical outlets available. The chandelier market is projected to expand at a significant growth rate during the forecast period. The rising disposable incomes, changing lifestyles, and innovative chandelier designs by manufacturers are the factors driving the growth of this market. Additionally, consumers also have a rising trend to use energy efficient lights, which are long lasting and also cut down on the utility bills. This trend is considered to be the major factor leading to the increase in demand for chandeliers. However, technical difficulties in its installation and high investment costs act as a restraint toward growth of the market. Moreover, lack of availability of parts and specialized lights after damage also hinders the growth of the global chandelier market. In order to overcome the cost constraint of chandeliers, manufacturers are focusing on developing products at cost competitive prices. The global chandelier market is segmented by type, category, material, end use, distribution channel, and region. The chandelier market is divided into three types: classical, modern, and transitional. By category type, the market is segmented by the lighting direction namely uplight, downlight, cluster, and pendant. Based on material, the market is segmented into crystal, glass & colored glass, wood, metal, and others such as brass, fabric etc. By end use, the chandelier market is divided into residential and commercial which can be further classified into offices, hotels & restaurants, and others such as malls, hospitals etc. In terms of distribution channel, chandeliers are available online such as on e-commerce websites and brand websites and also available offline in department stores, hypermarkets, and specialty stores.
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Shiitake Mushroom

The shiitake is an edible mushroom native to East Asia, which is cultivated and consumed in many Asian countries. It is considered a medicinal mushroom in some forms of traditional medicine. Shiitake mushrooms offer many health benefits such as improved digestion, better cardiovascular health, bone building, etc. which have paved the way for its application in the pharmaceuticals industry. The global shiitake mushroom market has witnessed constant demand during the last few years and is projected to reach USD 35.4 billion at a CAGR of 15.31% by 2023. Shiitake mushroom is an edible specialty mushroom which was originated in East Asia. It is commonly used in preparation of various cuisines of East Asia. On the basis of the category, fresh shiitake mushroom will dominate the market and is projected to hold a major share of approx. 50% in the global market. Fresh shiitake mushroom is widely used in preparation of different cuisines for its rich and robust flavoring attribute which is driving the market of fresh shiitake mushroom. Asia Pacific is dominating the market in use of fresh shiitake mushroom followed by Europe. However, North America is witnessed to be the second largest growing country in fresh shiitake mushroom at a CAGR of 14.36% over the forecast period. Based on the application, food industry is dominating the market holding a leading share of 54.4%. However, increasing awareness of high nutritional and medical benefits of shiitake mushroom including improved cardiovascular health, bone-building, improved digestion, healing chromosome damage caused by anti-cancer treatments and others is boosting the application of shiitake mushroom in pharmaceuticals at a CAGR of 16.56% over the forecast period.
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Coir Pith Products (Briquettes, Artificial Door & Manure)

Coir is the outside hard layer of husk that surrounds the shell of the coconut. It consists mainly of fibres, which have traditionally been used to manufacture rope, carpets, doormats, upholstery stuffing, brushes etc. Between these fibres is the corky substance called coir pith, which has recently been widely recognized as the superior growing medium in which to grow soft fruit, tomatoes, roses and many other crops. Coir Pith a spongy material that binds the coconut fibre in the husk, coir pith is finding new applications. It is an excellent soil conditioner and is being extensively used as a soil-less medium for agri-horticultural purposes. With its moisture retention qualities, coir pith is ideal for growing anthodium’s and orchids. The eco-friendly product is said to be replacing many traditional products as an effective soil bed under greenhouse conditions. Coir pith Briquettes are made by compressing coir pith. They are individually shrink wrapped for export with or without labels as per specifications. Coir Pith Briquettes are natural organic growing medium and extensively used in Nurseries, Home Gardens, Green Houses and other Farming communities. Coir pith is emerging as a dollar-earning product indicating its potential to revitalize the soil. Coir pith is mixed with a suitable animal manure such as cow dung or poultry litter by using it as an absorbent in cattle farms and poultry farms. The spent coir pith is richly soaked with the dropping of the animals and this product is further decomposed using fungal culture. Suitable minerals are added to increase the availability of secondary and micro nutrients. The fungus breaks down the coir pith and the natural bacteria in the manure breaks down the manure resulting in a rich, soft, humus, organic manure that is widely used for horticulture, especially seed germination and organic farming of vegetables.
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Tartaric Acid, Food Colour, Crude Pectine, Tamarind Oil and Tamarind Protein from Tamarind

Tartaric Acid Tartaric acid is a four-carbon organic acid, primarily used in wine production to impart the characteristic tart taste to the wine. Tartaric acid can be produced from natural sources as well as synthetic raw materials. Natural source for tartaric acid is lees, which is obtained after racking wine, usually in the summers. Tartaric acid is a white, crystalline organic acid that occurs naturally in many fruits, most notably in grapes, but also in bananas, tamarinds, and citrus. Its salt, potassium bitartrate, commonly known as cream of tartar, develops naturally in the process of winemaking. It is commonly mixed with sodium bicarbonate and is sold as baking powder used as a leavening agent in food preparation. The tartaric acid market is expected to record a moderate CAGR between 2018 and 2023. Increasing demand from the wine industry in the Asia-Pacific and Latin American regions, coupled with the growing demand for packaged food, is expected to drive the market during the forecast period. The market is primarily driven by the diverse uses of tartaric acid in the food & beverage industry. Tartaric acid is widely used in the pharmaceutical segment. This is owing to its characteristic property of enhancing the taste of medicine, making it the material of choice for use in the pharmaceutical industry. Tartaric acid and its derivatives are widely used in making effervescent salts, which are formed when combined with citrates. The pharmaceutical industry is expected to be the one of the fastest growing segments by end-user industry in the global tartaric acid market due to the rise in medicine demand globally. The global tartaric acid market is segmented into type, source, and application. On the basis of the type, the market is segregated into natural and synthetic. The market by the source is bifurcated into grapes & sun-dried raisins, and maleic anhydride. The market for the application is further bifurcated into food and beverage, pharmaceuticals, cosmetic and personal care, and others. Food Colour Food coloring, or color additive, is any dye, pigment or substance that imparts color when it is added to food or drink. They come in many forms consisting of liquids, powders, gels, and pastes. Food coloring is used both in commercial food production and in domestic cooking. Food colorants are also used in a variety of non-food applications including cosmetics, pharmaceuticals, home craft projects, and medical devices. The food colorant market is one of the major segments of the global food additives market. Food Colors are used by the food and beverages industry to improve, and impart color for the visual appeal of the food which is lost while food processing. The global food colour market is primarily driven by the increasing demand from beverage industry and bakery and confectionary. The high demand from flavoured drinks, fruit juices and nutritional drinks drives the global food colour market. For commercial adoption, synthetic food colours are in high demand because of the high stability under light, cheap in cost and less microbial contamination. The global food colors market size was estimated at USD 1.79 billion in 2016, growing at a CAGR of 5.9% over the forecast period. Growth in global population is expected to result in increased demand for food & beverage products, which is further likely to drive the demand for the product over the forecast period. The global food colour market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). APEJ holds the major share in the global food colour market owing to the high consumption of synthetic food colour by commercial food producers. The countries such as India, China, Indonesia and Taiwan are the prominent countries in food colour market in APEJ region. Followed by APEJ is North America and Europe and are expected to grow at moderately high CAGR during the forecast period. Latin America is anticipate to project stable growth rate in terms of value during the forecast period.
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Leggings Manufacturing Industry. Start a Hosiery Manufacturing Business

Leggings Manufacturing Industry. Start a Hosiery Manufacturing Business. Women's Leggings or Bottoms Leggings, which are a shape enhancing, skin tight piece of clothing covering the legs and meant to be worn by both men and women, have been seeing steady upswing in demand. Leggings are the most popular bottom wear for the women population. Actually, leggings come with knitted fabric. However, leather or woolens leggings are equally popular as a fashion trend. Nowadays, leggings come in multiple colors, designs, and patterns. Additionally, leggings come in different sizes and length. Generally, people can produce different types of leggings from several fabrics like Lycra, spandex, nylon, polyester, silk, cotton, wool or others fabrics. Basically, women with the all age group wear leggings. Additionally, one can team up leggings with the several upper outfits. These are kurta, tunics, t-shirts, coat, jackets, tank tops and any other tops or ethnic wear. Additionally, these are perfect for yoga or workout. So, it is natural that the demand will increase more in the future. Actually, leggings cover the daily-wear needs of women on the go. Leggings are now available in varieties like churidar, ankle length, Capri and in the different style like laced, layered, printed and solids. Leggings provide a slim look in the easiest possible way. Additionally, it comes at an affordable price for the major population. So, the popularity of leggings will definitely increase more in the future. • Demand for leggings is expected to continue to rise. • Growing westernization trend and rapid urbanization in developing countries such as India, Indonesia, etc., is expected to result into high adoption of leggings. • An increasing number of joint ventures of international companies with the local player as well as growing sportswear production is expected to support the growth of the market over the forecast period 2026. • The nylon segment (by material) is expected to contribute major revenue share in the global leggings market and is expected to register the highest CAGR of over 6% • The end-user segments, the women segment is expected to contribute major revenue share in the global leggings market and is expected to register the highest CAGR of over 7.0%, in terms of revenue. At the forefront of driving demand for leggings is the enduring appeal of the product, which is catching up even in the oriental nations with different clothing habits. This is because of the convenience and comfort it offers to the wearer. Both men and women can wear it for various purposes - both for the sake of fashion or for working out or indulging in sports activities. This versatility has gone a long way in sustaining the demand of the product. North America and Europe have been frontrunners in driving demand for leggings worldwide. This is because the pair of clothing is also used as hosiery in the region. Apart from that a large number of sports and yoga enthusiasts alongside the high spending capacity of people has served to boost their markets too. Besides the two regions, emerging economies in Asia Pacific and Latin America are also proving to be lucrative markets. Influence of the western culture affecting the food and clothing choices of people, mushrooming clothing manufacturing units, and increasing disposable incomes of people in the regions are mainly bolstering sales there. Leggings market size will grow from USD 23.17 Billion in 2018 to USD 30.87 Billion by 2023, at an estimated CAGR of 5.91%. The base year considered for the study is 2018, and the market size is projected from 2019 to 2023. Prominent participants in the global market for leggings include Tommy Hilfiger, Bata, Adidas, Jockey, CALVIN KLEIN, Sho Sho Fashion, Macys, Nike, ANTA Sports Products Limited, Nordstrom, Lysse, CSP International, Under Armour, AEO, Deckers Brands, Spanx, and Dollar Global Hosiery Market Rising personal disposable income along with changing lifestyle is anticipated to expand the growth of global hosiery market during the forecast period. Apart from this, propagation of modern retail formats such as supermarkets, discount stores, and pharmacy stores is resulting in increasing product visibility. In the present time, people are getting more serious about their looks and overall appearance, starting from what they wear and how they look. This is one of the major reasons behind the strong growth of fashion & apparel industry around the globe. One among the huge fashion trends is the hosiery segment which is mostly popular amongst the female population especially the ones who want to make a fashion statement based on the look they want, be it a demure look, a seductive or an appealing look. Further, there is a growing fashion consciousness among people, from teenagers to adults along with a growing desire to access designer clothes. In addition to that, the manufacturers are introducing various hosiery products through promotional activities such as fashion shows and advertisements to promote their hosiery products globally. The availability of variants in hosiery with various designs and colors are predicted to augment the growth of the global hosiery market with remarkable revenue of around USD 47,258.1 Million by the end of 2024 from USD 36,100.5 Million in 2016, expanding at a compound annual growth rate of 3.5% during the forecast period. Increasing spending on fashion products coupled with growth in disposable income of consumer is anticipated to drive the demand for the hosiery market during the forecast period. Furthermore, in developing economies, rising preference towards western outfits resulting in higher spending on fashion clothing is in turn projected to drive the demand for hosiery products over the forecast period. Beside this, increasing population across the globe is also projected to drive the demand for hosiery products. The global hosiery market is segmented on the basis of products into body stockings, knee high, socks, tights, toe socks, and others. Based on size, it is classified into small, medium, large, and plus. On the basis of distribution channel, the market is categorized into mass merchant, online store, departmental store, pharmacy store, and others. Geographically, the market is divided into North America, Europe, Asia-Pacific, and LAMEA. Tags #Leggings_Manufacturing, Leggings Manufacture, Leggings Manufacturing Pdf, #How_to_Start_Leggings_Manufacturing Business, How Leggings are Made, #Legging_Factory, How to Start Leggings Manufacturing Industry, Leggings Manufacturing Plant, Ladies Legging, Women Legging, Set up Leggings Manufacturing Unit, How to Make Leggings, #Hosiery_Factory, Project Report for Starting Legging Manufacturing Unit, #Leggings_Production_Process, How to Start Leggings Manufacturing, Starting a Leggings Business, How to Start a Leggings Business, #Leggings_Manufacturing_Business, Leggings Manufacturing Business Ideas, Women`s Wear Business Opportunity in India, Clothing Business Ideas & Opportunities, Leggings Manufacturing Business Plan, Readymade Garments Manufacturing, Hosiery Manufacturing Business Plan, #How_to_Start_a_Hosiery_Manufacturing_Business, Hosiery Products Manufacturing, Hosiery Manufacture, Hosiery Industry, Textile Industry in India, Leggings Production, Project Report on Leggings Manufacturing Industry, Detailed Project Report on Leggings Manufacturing Business, #Project_Report_on_Hosiery_Products_Manufacturing, Pre-Investment Feasibility Study on Leggings Manufacturing Business, Techno-Economic feasibility study on Hosiery Products Manufacturing, #Feasibility_report_on_Leggings_Manufacturing_Business, #Free_Project_Profile_on_Leggings_Manufacturing_Business, Project profile on Leggings Manufacturing Business, Download free project profile on Leggings Manufacturing Business, Women's Leggings or Bottoms, Women's leggings Manufacture, Women Leggings, Women Clothing Manufacture, Ladies Leggings Manufacture, Women`s Wear Business Opportunity in India
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Glycerol Monostearate Manufacturing Industry

Glycerol Monostearate Manufacturing Industry. Production of Glycerol Monostearate (NSE/SE Grade). GMS Emulsifier Glycerol Monostearate Market Estimated to Cross USD 85.30 Million in 2022. Glycerol monostearate, commonly known as GMS, is an organic molecule used as an emulsifier. GMS is a white, odorless, and sweet-tasting flaky powder that is hygroscopic. It is a glycerol ester of stearic acid. It occurs naturally in the body as a product of the breakdown of fats by pancreatic lipase, and is also found in fatty foods. GMS is a food additive used as a thickening, emulsifying, anti-caking, and preservative agent; an emulsifying agent for oils, waxes, and solvents; a protective coating for hygroscopic powders; a solidifier and control release agent in pharmaceuticals; and a resin lubricant. It is also used in cosmetics and hair care products. GMS is largely used in baking preparations to add "body" to the food. It is responsible for giving ice cream and whipped cream its smooth texture. It is sometimes used as an anti-staling agent in bread. Market Outlook India Glycerol Monostearate Market is expected to Reach USD 85.30 Million in 2022. India is expected to record the fastest growth in the future. This can be attributed mainly to the growing fascination of western fast food trend in the country. India is predicted to hold a major share of the total glycerol monostearate market owing to the sharp rise in dairy industry and the presence of major glycerol monostearate manufacturers in this region. There has been tremendous growth in the food industry in India which is expected to spur the growth of the glycerol monostearate market in the coming years. Global Glycerol Monostearate Market Estimated to Cross USD 85.30 Million in 2022. The glycerol monostearate market can be segmented on the basis of applications into emulsifier, thickening, anti-caking, stabilizer and others. The emulsifier is the leading segment owing to high demand from food and cosmetics industry. Emulsifier accounted for the noteworthy market share in 2016. Thickening application is likely to flourish in the coming years. Some of the major end users of the glycerol monostearate are food & beverage, pharmaceutical, cosmetic and others. Glycerol monostearate plays a vital role in food & beverage and cosmetic industry; it acts as an emulsifier for mixing up the oils and water. Food and beverage industry dominated the glycerol monostearate market with the compelling share of the overall glycerol monostearate market. The cosmetics industry is expected to experience huge growth in the forecast period. Pharmaceutical is also expected to propel the market growth within the forecast period owing to the usage of glycerol monostearate as a stabilizer in the manufacturing of drugs. Based on application, the glycerol monostearate market is segmented as the emulsifier, thickening, anti-caking, stabilizer and other applications. Various end users for glycerol monostearate market are food & beverage, pharmaceutical, cosmetic and another end user. Some of the Major Market Players Are: • Volkem Chemical LLP • Estelle Chemicals Pvt. Ltd. • Alpha Chemicals Pvt Ltd • Marathwada Chemicals • Gujarat Amines • Liberty Chemicals • R. M. CHEMICALS • Maher Chemical Industries • ACM Chemicals • Jeevika Yugchem Private Limited • Mohini Organics Pvt. Ltd Tags #Glycerol_Monostearate, GMS, Preparation of Glycerol Monostearate, #Production_of_Glycerol_Monostearate, #Glycerol_Monostearate_(GMS), #Glycerol_Monostearate_Manufacturing_Process, #Glycerol_Monostearate_(Nse/Se_Grade)_Manufacturing_Plant, Manufacture of Glycerol Monostearate, Glycerol Monostearate Manufacture, Manufacturing Process of Glycerol Monostearate, Process for Preparation of a Monoglyceride, Glycerol Monostearate Uses, Applications and Uses of Glycerol Monostearate, Glycerol Monostearate Manufacturing, #Glycerol_Monostearate_Industry, Glycerol Monostearate for Industrial Purpose, #Project_Report_on_Glycerol_Monostearate_Manufacturing_Industry, #Detailed_Project_Report_on_Glycerol_Monostearate_Manufacturing, Project Report on Glycerol Monostearate Production, Pre-Investment Feasibility Study on Glycerol Monostearate Manufacturing, Techno-Economic feasibility study on Glycerol Monostearate Production, Feasibility report on Glycerol Monostearate Manufacturing, Free Project Profile on Glycerol Monostearate Production, Project profile on Glycerol Monostearate Manufacturing, Download free project profile on Glycerol Monostearate Manufacturing, #GMS_Emulsifier, Manufacture of Glycerol Monostearate (NSE SE Grade), Glycerol Monostearate-NSE Manufacture, #Glycerol_Monostearate_Manufacturing_Industry
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Mackintosh Sheets (Hospital Rubber Sheet) and Surgical Hand Gloves Manufacturing Business

Mackintosh Sheets (Hospital Rubber Sheet) and Surgical Hand Gloves Manufacturing Business. Production of Medical Gloves and Surgical Mackintosh Rubber Sheet Medical gloves help in protecting patients and physicians from cross-contamination during medical examinations. These products are made up of polymers including latex, rubber, neoprene and vinyl. Medical gloves are a hand protection equipment, worn on the hands to prevent cross contamination between doctor or caregiver and patient during surgical procedures, medical examinations, and chemotherapy. Medical gloves are playing an important role in healthcare sector to prevent transmission of microorganism from the patient to the health-care worker. Moreover, this growth is also driven by the growing awareness of hygiene in hospitals and pharmaceutical industries, thus allowing a barrier to protect from several infectious diseases. Medical gloves are an important everyday product for all medical professionals working in the healthcare environment. The gloves not only protect them but also create a safety zone in the working environment. They are available in a variety of different materials, including nitrile rubber, latex, neoprene, and vinyl. Medical gloves function as mechanical barriers that help to reduce transmission of pathogens and body fluids from patients to healthcare personnel. Medical gloves are disposable gloves used during medical procedures, such as diagnosis, surgery and handling of chemotherapy agents. Disposable gloves are recommended in medical application to reduce the risk of contamination with blood and other body fluids. Mackintosh Sheets (Hospital Rubber Sheet) Mackintosh sheeting that is also known as Hospital Rubber Cloth. Hospital Rubber Sheet are highly demanded in many parts of the world. These sheets are designed as per industrial standards and specifications. The sheeting has high breaking and tearing strength. They are commonly used in hospital beds for protection of mattresses. Light and easily portable, pliable/supple and soft for skin contact. Benefits: • Comes handy where some water, blood and human excrete spills. • Water proofness property prevents percolation of any fluids and protects mattress from occupant’s waste products. • Extends the life of the underlying mattress • Most effective when used on the upper part of the mattress • Provides protection to the individual sleeping on the mattress from allergens and irritants like dust mites, bed bugs etc. Today's best healthcare facilities are taking further steps in providing maximum comfort and protection for their patient's hospital stay. The maintenance of mattress in a healthcare environment is extremely import. Mackintosh Sheeting (hospital rubber Sheet) are offers comfort durability and protection to contamination and infections. Hospital Rubber Cloth is manufactured from eco-friendly raw materials with rubber blend compounds laminated from both side. Market Outlook The global medical gloves market is expected to witness a CAGR of 6.4% and is projected to reach USD 7.72 billion by 2024. This growth is attributed to the growing number of hospitals and pharmaceutical in developing countries and increasing incidences of pandemic diseases. Moreover, advancement in gloves technology and rising awareness regarding hygiene is further boosting the market growth. Medical gloves play a key role in the multi-trillion dollar global healthcare market. Latex Surgical Gloves are highly flexible and comfortable to wear. Over the years, the demand for our Latex Surgical Gloves has increased consistently in the national market. Latex surgical gloves are made from natural rubber latex which provide excellent tactile sensitivity and comfort. Latex material is known to have very high elasticity meaning the gloves can stretch well to allow easy donning. The Indian market for medical gloves is still evolving. While the global market is growing at a compound annual growth rate (CAGR) of two per cent, the Indian market is at seven per cent growth. Every day there is a new hospital or nursing home popping up in India, so the demand for medical gloves is expected to increase. The market size therefore only for surgical gloves in India is Rs. 300 crore. Some of the factors driving the growth of the global disposable gloves market are increasing awareness about hand hygiene and patient safety among healthcare providers and patients, increasing incidences of infectious diseases, high healthcare expenditure, and increasing patient compliance for surgical treatment. However, low healthcare access in the remote areas of developing countries is the factor restraining the growth of the global disposable gloves market to some extent. Emergence of health threats and rise in health care awareness among people across the globe has resulted in the implementation of higher standards and regulations for the health care industry by various governments. As a result, the demand for disposable gloves has increased in recent years. The demand for better health care services is likely to increase significantly in the near future, due to a rise in population, improving income levels, and better education standards across developing economies. This, in turn, is anticipated to drive demand for disposable gloves during the forecast period. Some of the key players operating in disposable gloves market include Ansell Healthcare Products LLC, Adventa Berhad, Cardinal Health, Inc., Dynarex Corporation, Kossan Rubber Industries Bhd., Hartalega Holdings Berhad, MRK Healthcare Private Limited, Rubberex Corporation Bhd., Semperit AG Holding, Shield Scientific B.V., Supermax Corporation Berhad and Top Glove Corporation Bhd. Tags #Surgical_Hand_Gloves_Manufacturing, #Hospital_Sheet, Rubber Gloves, Medical Glove, #Surgical_Glove_Making_Business, Surgical Gloves Manufacturing Plant Cost, #Mackintosh_Sheeting, #Mackintosh_Rubber_Sheets_Manufacture, Surgical Gloves Manufacturing Project Report, Mackintosh Rubber Sheet, Glove Manufacturing Process Pdf, #Mackintosh_Rubber_Sheets_Production, Surgical Hand Gloves Production, Gloves Manufacturing Business Plan, Mackintosh Sheet, Gloves Manufacturing Plant Cost, Rubber Sheet, Surgical Gloves Manufacture, Surgical Gloves Manufacturing Process, Disposable Gloves Manufacturing Process, Surgical Hand Gloves, Medical & Surgical Clothing, Surgical, #Medical_Glove_Manufacturing_Business, Manufacture of Surgical Hand Gloves, Medical Rubber Sheets Manufacture, Rubber Mat, Mackintosh Sheet Uses, #Rubber_Sheet_Manufacturing, Rubber Sheet Making Process, Mackintosh Rolls, Draw Sheets & Hospital Sheeting, How to Start Sheet Manufacturing Business in India, #Project_Report_on_Surgical_Hand_Gloves_Manufacturing_Industry, Detailed Project Report on Mackintosh Rubber Sheets Production, Project Report on Surgical Hand Gloves Production, #Pre_Investment_Feasibility_Study_on_Mackintosh_Rubber_Sheets_Production, Techno-Economic feasibility study on Hospital Sheet Production, Feasibility report on Mackintosh Rubber Sheets Production, Free Project Profile on Hospital Sheet Production, Project profile on Surgical Hand Gloves Production, Download free project profile on Mackintosh Rubber Sheets Production, Rubber Sheet Manufacturing Process, Sheet Rubber Production, Processing of Rubber Sheet, Mackintosh Sheets and Surgical Hand Gloves Manufacturing Business
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Hybrid Electric Scooter Assembling Business

Hybrid Electric Scooter Assembling Business. Electric Vehicles (EVs) Industry. Business Opportunities in Electric Two-Wheelers Manufacturing Industry Hybrid electric vehicles (HEVs) combine the benefits of gasoline engines and electric motors and can be configured to meet different objectives such as improved fuel economy, increased power, or additional auxiliary power for electronic devices and power tools. This type of vehicle is considered to have better performance and fuel economy compared to a conventional one. The advantages of HEVs include: • Oil consumption is less than that of conventional vehicles. • Carbon-based emission is lower, which makes HEVs more eco-friendly. This also helps conserve non-renewable resources like petroleum products. • Maintenance costs are lower than those of conventional vehicles. • With the electric motor taking charge of the engine during long travels, more mileage can be achieved with HEVs compared to other types of vehicles. Electric scooters are two or three-wheeled vehicles powered by electricity. This power is stored in a rechargeable battery, which drives the functioning of electric motors. Market Outlook The global electric scooter and motorcycle market size was $12,961.8 million in 2016, and is expected to reach $22,192.0 million by 2025, growing at a CAGR of 6.9% during 2017-2025. The market is predominantly driven by tax concession on eco-friendly vehicles, growing concern for increasing carbon emissions, low maintenance cost of electric two-wheelers, and favorable regulatory environment. Electric scooters and motorcycles are emerging as the need of hour, as commuters are in demand for solutions that provide innovative travelling experience with long distance coverage backup. The electric scooters and motorcycles have been categorized into 48V, 24V, 36v and are available in even more voltages like 60V and 72V. The speed of the scooter and motorcycle range from 30 km/hr to 70 km/hr. All electric scooters and motorcycles are provided recharging by plugging into ordinary wall outlets, usually taking about eight hours to charge. On the basis of product, the electric scooter market has been categorized into scooter and motorcycle. In terms of value, electric scooter held larger market share, accounting for more than 95% share in 2017 and is poised to continue dominating the market in the coming years as well. Geographically, Asia-Pacific accounted for more than 90% of the global electric scooter and motorcycle shipments in 2016. The highest growth in shipment is expected in Europe, during the forecast period; however, the market in North America is also expected to grow at nearly the same rate. The growth of the electric scooters and motorcycles market in Asia-Pacific is due to rapid urbanization and increase in household incomes, which is attracting the consumers to replace their fuel-driven two-wheelers with the electric variant. China, India, Indonesia, Japan and S. Korea are the major electric two-wheeler markets in Asia-Pacific; other major markets in the region include Australia, and Vietnam. The global electric scooter and motorcycle market is highly fragmented, where top five players accounted for less than 35% revenue. All of the five major players -Yadea Technology Group Co. Ltd., Zhejiang Luyuan Electric Vehicle Co. Ltd., Aima Technology Co. Ltd., Sunra Group, and Dongguan Tailing Electric Vehicle Co. Ltd., are based in China. The other players having good regional presence include Govecs Group, Amper Vehicles, Vmoto Limited, Hero Electric, Energica Motor Company S.p.A., BMW, and Mahindra GeneZe. New product launches and joint ventures have been the key strategies of these major players to expand their presence in this market. India Electric Scooters and Motorcycles Market Overview The Indian electric scooters and motorcycles market is projected to reach 757,900 units by 2025, registering a CAGR of 42.9% during the forecast period. The market has witnessed significant growth in the recent past owing to strict norms and regulations pertaining to environmental, government incentives, and rising environmental awareness. Based on battery type, the electric scooters and motorcycles market has been categorized into sealed lead acid (SLA) and lithium-ion (Li-ion). Among these, the SLA battery has been accounting for higher volume sales. However, the Li-ion category is poised to grow at a faster rate during the forecast period, owing to its declining prices, and lower environmental risk and longer life span as compared to the SLA category. Government incentive schemes, growing distributor & dealership network, rising online sales, and increasing affordability of electric two wheelers being provided by leading automobile manufacturers are some of the other key factors that would boost demand for electric two wheelers in India. Moreover, growing research & development activities are likely to result in a wide product portfolio for electric two wheelers, thereby positively influencing the country’s electric two wheeler market during the forecast period. Some of the major companies operating in India electric two wheeler market are Hero Electric Vehicles Pvt. Ltd., Okinawa Autotech Pvt. Ltd., Electrotherm (India) Ltd., Lohia Auto Industries, Avon Cycles Ltd., Ampere Vehicles Pvt Ltd, Tunwal E-Bike India PVT. LTD, NDS Eco Motors Private Limited, Ather Energy Pvt. Ltd., Tork Motors Private Limited, etc. All these companies are well assisted by their key development teams and are strengthening their dealership network to boost their customer reach. Tags #Hybrid_Electric_Scooter_Assembling, #Hybrid_Electric_Scooter, #Electric_Scooter_Project_Report_Pdf, #Hybrid_Two_Wheeler_PPT, #Hybrid_Electric_Vehicle_(HEV), Two Wheeler Hybrid Vehicle, Hybrid & Electric Scooter, Hybrid Vehicle (Scooter), Electric Scooter Assembly, Electric Scooters in India, #Production_of_Hybrid_Scooter, #How_to_Start_an_Electric_Scooter_Business_in_India? Starting an Electric Scooter Industry, Electric Scooter in India, Electric Scooter Body Manufacture in India, #Production_of_Electric_Vehicles_(Evs), How to Make an Electric Scooter, Starting an Electric Scooter Business, Electric Scooters Industry, Project Report on Hybrid Electric Scooter Assembling Industry, Detailed Project Report on Hybrid Electric Scooter Assembling, #Project_Report_on_Hybrid_Electric_Scooter_Assembling, Pre-Investment Feasibility Study on Hybrid Electric Scooter Assembling, Techno-Economic feasibility study on Hybrid Electric Scooter Assembling, Feasibility report on Hybrid Electric Scooter Assembling, Free Project Profile on Hybrid Electric Scooter Assembling, Project profile on Hybrid Electric Scooter Assembling, Download free project profile on Hybrid Electric Scooter Assembling, Electric Two Wheelers Business Opportunity in India, Electric Scooter Business, Electric Vehicle Industry in India, Hybrid & Electric Vehicle Manufacturing Industry, Manufacturing of Electric Vehicles, Hybrid Electric Vehicles and Electric Vehicles, #Hybrid_Electric_Vehicles_Production, Electric Vehicles (E-Vehicles) Business Opportunity
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Cardamom Cultivation

Cardamom production employs plants of the genera Elettaria and Amomum in the ginger family Zingiberaceae. Cultivation of cardamom was introduced to Guatemala before World War I by Oscar Majus Kloeffer; today Guatemala is the world's biggest producer and exporter, followed by India and Sri Lanka; Saudi Arabia and Kuwait are the leading importers of the spice. After saffron and vanilla, cardamom is the third most expensive spice by weight. Cardamom sometimes cardamon or cardamum, is a spice made from the seeds of several plants in the genera Elettaria and Amomum in the family Zingiberaceae. Both genera are native to the Indian subcontinent and Indonesia. They are recognized by their small seed pods: triangular in cross-section and spindle-shaped, with a thin, papery outer shell and small, black seeds. Cardamom popularly known as “ILAICHI” or “ELAICHI” in India and referred as ‘Queen of Spices’. It is actually a dried fruit of a tall perennial plant. It is part of the ‘Zigniberaceae’ family. In India, Cardamom is cultivated in Karnataka, Kerala, and Tamilnadu. Because of its aroma and flavour, Cardamom is one of the most expensive spices in the world. Cardamom is called as queen of spices which has exotic aromatic flavors. Cardamom is an oldest and third most expensive spice after saffron and vanilla. Cardamom has warm fortifying fragrance that adds extra advantage to ancient spices. Cardamom is derived from the Latin word cardamomum which is a kind of Indian spice plant. Three years are taken by cardamom plant to bear fruits which are productive for more than 5 to 6 years. Almost 72% global productions are originated from two producers Guatemala in Central America and South India. Due to climatic conditions, cardamom is produced whole year in Guatemala which has a big advantage in export market. According to our report Saudi Arabia is the largest importer of cardamom due to flavored drinks like concoction which is very popular in Middle East region such as Kuwait, Saudi Arabia and UAE etc. Cardamom is also used for medical purposes as it is very curative in nature. It helps in healing of sore throat, whitening of teeth, digestive disorders etc. Cardamoms, being one of the primary ingredients are used in herbal health supplements such as tea bags, cardamom powders, cardamom liquids etc. One of the boosting factors that is driving the growth of Cardamom Market is accelerating use of cardamom in developing countries such as Middle east and Africa, Latin America, South east Asia etc. These countries consume more amount of cardamom products such as concoction drink, cardamom oil etc. Since cardamom is third most expensive spice globally so it can only be owned by upper middle class and rich population.
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Anhydrous Ferric Chloride

Iron (III) chloride (Ferric Chloride, FeCl3) has been used in the synthesis of Au/Fe nanoparticles. It has been used as oxidative etching agent during the preparation of platinum nanostructures. Iron (III) chloride, also called ferric chloride, is an industrial scale commodity chemical compound, with the formula FeCl3 and with iron in the +3 oxidation state. The colour of iron(III) chloride crystals depends on the viewing angle: by reflected light the crystals appear dark green, but by transmitted light they appear purple-red. Anhydrous iron(III) chloride is deliquescent, forming hydrated hydrogen chloride mists in moist air. It is rarely observed in its natural form, the mineral molysite, known mainly from some fumaroles. Ferric chloride is a brownish liquid which has a pungent odor which is similar to that of hydrochloric acid. It also exists in solid lump form or in anhydrous powder form. Ferric Chloride or Iron (III) Chloride is used as a flocking agent in drinking water and waste water treatment in various industries. The global ferric chloride market is estimated to witness a CAGR of 4.82% during the forecast period, 2018-2023. Asia-Pacific is expected to account for the major share of the market with the growing stringent regulations in the water treatment industry in the region. By application, water treatment will continue to be the largest end-user of ferric chloride. Owing to the implementation of various new amendments regarding safe drinking water act, the utilization of ferric chloride has increased in the municipal potable water treatment over the recent past. Moreover, use of ferric chloride for etching of Printed Circuit Boards has increased, this will have a significant impact on the growth of ferric chloride market. Ferric chloride solutions are also being used in surface treatment of metals like copper and zinc for removing scales. One driver in the market is increase in demand for wastewater reuse. Industries discharge wastewater that contains contaminated inorganic compounds that can have toxic effects on the marine life and cause serious water pollution if released untreated into rivers, ponds, or lakes. Mandatory guidelines by various regulatory bodies including the Environmental Protection Agency (EPA) make the treatment and reuse of industrial wastewater compulsory. The use of ferric chloride for the treatment of wastewater is the key reason for its high demand. This is critical in countries where there are scarce resources for drinking water but abundant seawater such as in the Middle East.
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