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

Agriculture & Horticulture: Project Opportunities in Jammu & Kashmir

 

PROFILE

Agriculture Sector of Indian Economy is one of the most significant part of India. Agriculture is the only means of living for almost two-thirds of the employed class in India. About 65% of Indian population depends directly on agriculture and it accounts for around 22% of GDP. Agriculture derives its importance from the fact that it has vital supply and demand links with the manufacturing sector. The agriculture sector of India has occupied almost 43 percent of India's geographical area. Agriculture is still the only largest contributor to India's GDP even after a decline in the same in the agriculture share of India

RESOURCES

Paddy, wheat and maize are the major crops of Jammu & Kashmir. Barley, bajra and jowar are cultivated in few parts. Gram is grown in Ladakh. The horticulture industry in Kashmir has become the safeguard of rural economy in the State, providing job facilities to the thousands of people directly and indirectly. The major horticulture items are apple, pear, cherry, walnut, almond, peaches, saffron, apricot, strawberry and plum. About 80 per cent population of the State depends on agriculture. The area under orchards is 242 lakh hectares. The State produces fruit worth Rs 2,000 crore annually including export of walnuts worth Rs. 120 crore. Jammu and Kashmir State has been declared as Agri Export Zone for apple and walnuts. Market Intervention Scheme has also been launched for improving quality fruit for export by ensuing proper grading.

The State is suitable for growing variety of flowers since it has perfect agro-climatic conditions. The floriculture industry in the State offers a good source of supply to the domestic and international market. There is potential for this activity to be propagated on a commercial basis.

GOVERNMENT POLICIES:

In India, agricultural trade policy is a part of a larger food and agriculture policy regime that seeks to maintain food self-sufficiency while providing income support to the agricultural sector and poor consumers. The Government of India (GOI) uses a variety of policy instruments in attempting to achieve these goals, including:

•        Domestic subsidies to inputs, outputs, transportation, storage, and consumption to reduce producer costs and consumer prices

•        Border measures such as subsidies, tariffs, quotas, and non-tariff measures to protect domestic producers from import competition, manage domestic price levels, and guarantee domestic supply.

Handicraft: Project Opportunities in Jammu & Kashmir

PROFILE:

India is one of the important suppliers of handicrafts to the world market.  The Indian handicrafts industry is highly labour intensive cottage based industry and decentralized, being spread all over the country in rural and urban areas.  Paintings, furniture, sculptures, artificial jewellery, animal figures, figurines of deities and idols, baskets, and many more items have been complimented as the pride of India. The Handicrafts Sector plays a significant & important role in the country’s economy.

RESOURCES:

Handicraft is the traditional industry of the State and has been of crucial importance given its large employment and export potential. Some of the items of industry are papier-mache, woodcarving, carpets, shawl making, embroidery etc. The handicrafts industry, particularly the carpet industry, has been a source of substantial foreign exchange. It provides employment to about 3.40 lakh artisans. The number of industrial units has also gone up. Jammu has Urban Haats, while a similar Haat is being commissioned in Srinagar. An Export Promotion Industrial Park has been established at Kartholi, Jammu. A similar Park is being set up at Ompora, Budgam. A pashmina dehairing project assisted by the United Nations Development Programme (UNDP) is coming up in the Leh industrial estate of the State.

GOVERNMENT POLICIES:

During the Xth Plan the Government of India has implemented seven generic schemes in the central sector for holistic growth and development of handicrafts sector in the country.  The Sub-Group on handicrafts recommended six generic schemes for development of handicrafts in the country to be implemented during the 11th five year plan. The schemes recommended for implementation during 11th five year plan are as under:

Baba Saheb Ambedkar Hastshilp Vikas Yojana: This scheme aims to promote Indian handicrafts by developing artisans’ clusters into professionally managed and self-reliant community enterprise on the principles of effective member participation and mutual cooperation.  The thrust of the scheme is on a project based, need based integrated approach for sustainable development of handicrafts through participation of crafts persons. 

 

Livestock: Project Opportunities in Jammu & Kashmir

PROFILE:

Livestock sector plays a critical role in the welfare of India's rural population. It contributes nine percent to Gross Domestic Product and employs eight percent of the labour force. 70% of livestock market in India is owned by 67% of small, marginal farmers and by the landless. 60% of livestock farming labor is provided by women and more than 90% of work related to care of animals is rendered by womenfolk of the family. Indian Livestock is reared in close human proximity where they form component of the life system of the people. Cows, buffaloes, bullocks, mule and donkeys are not just utility animals, but also companions at work for the toiling poor who rear them alongside their own dwelling. India has 53% of world Buffalo population and 15% of world Cattle population. In terms of sheep population, India ranks fifth after Australia, China, Iran and New Zealand.

RESOURCES:

In Jammu and Kashmir, animal husbandry plays a significant role as 0.13 per cent of gross domestic product (GDP) of the state is contributed by this sector. The state has a precious wealth of livestock in form of cattle-buffalo, sheep, goats, poultry, etc. The cattle and poultry amongst all the livestock are considered the most important tool for the development of the rural economy. The production of pashmina shawls and other animal products like carpets, shawls and blankets of Kashmir earn handsome foreign exchange for the nation. Therefore livestock industry in the state has vast scope for development rendering quick economic returns.

GOVERNMENT POLICIES:

The Indian government has collaboration and policies to provide guidance for a more holistic planning, implementation and monitoring of animal husbandry projects. Following plans have also been made:

•        Also, the government has planned to assure a sound Natural Resource Management (NRM) Sphere co-ordination and implementation at country level for SDC.

•        Create / enhance synergy between the activities of the Livestock production and Dairying (LPD) and Sustainable Land Use (SLU) sectors

•        Enlarge the scope for new and innovative interventions and for support to technical development and technology transfer.

•        Promote and support validation, documentation and dissemination of experiences in order to contribute to the process of knowledge management in SDC and Inter cooperation (IC) and to strengthen inputs for policy and strategic dialogue with partners and actors in the NRM Sphere

 

Tourism: Project Opportunities in Jammu & Kashmir

 

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:

Jammu and Kashmir is known as crown of India, adheres varieties of cultural, religious spots, adventure and sightseeing activities. It is famous for its towering snow clad mountains, bubbling streams, transparent and sparkling lakes, flower meadows, colourful orchards and rare fauna. All such features of Jammu and Kashmir have always attracted numerous tourists from all over the world. Tourism has emerged as an important and one of the major contributors to the State's economy. There are various places of tourist attraction in the State which are being visited by both foreign and domestic tourists. Kashmir Valley is described as the paradise on earth. Chashmashahi springs, Shalimar Bagh, Dal Lake, Dachigam, Gulmarg, Pahalgam, Sonamarg and Amarnath shrine in the Valley, Vaishnodevi shrine and Patnitop near Jammu and Buddhist monasteries in Ladakh are important tourist destinations. Ladakh festival in September and Sindhu Darshan in June are popular events. However, efforts are being made to support houseboat owners and develop village tourism in Jammu and Kashmir.

 

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.

Sericulture: Project Opportunities in Jammu & Kashmir

PROFILE:

Sericulture, the technique of silk production, is an agro-industry, playing an eminent role in the rural economy of India. Silk-fibre is a protein produced from the silk-glands of silkworms. Of the total production of 2,969 tonnes of silk in India, as much as 2,445 tonnes is produced by the mulberry silkworms, Bombyx mori. India is the second largest producer of raw silk after China and the biggest consumer of raw silk and silk fabrics. An analysis of trends in international silk production suggests that sericulture has better prospects for growth in the developing countries rather than in the advanced countries.

RESOURCES:

Kashmir has been famous for its silk production since ancient past. Rajtrangni of Kalhana, Mahabharata and Ramayana establish that the sericulture was being practised in Kashmir from times immemorial.  Jammu and Kashmir produces the best quality Bivoltine Mulberry silk in the country due to its longer length better strength and shine mainly because of conducive climatic conditions. However out of total production of cocoons every year only 20-25% is being consumed within the State and the rest is exported. The estimated production of raw silk yarn is 92000 kg annually. As against this the State is importing spun silk as an item of raw material for different manufactures without clicking our conscience that the better silk could have been exported to others besides catering to the needs of the home industry.

GOVERNMENT POLICIES:

There are several centrally sponsored schemes for promotion and development of sericulture sector, through which Government of India has been undertaking different activities like:

 

•        creation of sericulture related infrastructure;

•        development of nurseries and farms;

•        expanding plantation areas;

•        providing technical know-how to the rearers in production and marketing of cocoons;

•        skill up-gradation and training programme, etc.

 

Fisheries: Project Opportunities in Jammu & Kashmir

PROFILE:

Fisheries sector occupies a very important place in socio-economic development in India. It has been recognized as a powerful income and employment generatoras it stimulates growth of a number of subsidiary industries and is a source of cheap and nutritious besides being a foreign exchange earner.

RESOURCES:

The State of J&K has a unique topography which divides the State in to 3 distinct agro climatic zones viz. the tropical Jammu Division, the temperate Kashmir Valley and the cold arid zone of Ladakh. The State is bestowed with the natural water resources spread over an area of about 0.40 lacs hectares existing in the shape of cold water torrential streams, Lakes, Rivers, Sars, Springs, Reservoirs besides about 250 high altitude Lakes. While the Jammu Division offers potential for development of Warm Water Fisheries, certain areas in the Districts of Kathua, Udhampur, Doda, Rajouri and Poonch also offer potential for the development of Cold water Fisheries and Mahaseer Fisheries. The Kashmir Valley including Ladakh region offers great potential for development of Cold Water Fisheries and the indigenous Icthyofauna.

GOVERNMENT POLICIES:

During the 10th Five Year Plan, emphasis was laid on the strengthening of the infrastructure existing in the shape of Fish Farms, Hatcheries, and other allied infrastructure. The Department has achieved break-through in cold water Fisheries and Food Fisheries. Fish Farming has been successfully introduced in the private sector under the Hon’ble Prime Minister’s Package and in this direction 454 units have been set up to provide employment avenues to the educated unemployed rural youth. During the Annual Plan 2009-10, the department has identified major thrust areas for overall development of fisheries in the State.

These include:-

i.        The existing infrastructure will be further strengthened. Under this programme, emphasis will be laid to increase the hatching and rearing capacity of existing Fish Farms and Trout Hatcheries.

ii.       Development of Recreational Fisheries by way of setting up of an Aquarium at Srinagar and completion of phase 2nd of Aquarium cum Awareness centre at Bagh-i-Bahu Jammu.

iii.      Extensive survey of areas especially in newly created districts will be conducted for establishment of new fish farming units of both Carp and Trout.

iv.      Sport Fisheries will be further strengthened and new trout streams will be established in the State particularly in Jammu division to increase the scope of trout angling in the State.

v.       Propagation of fish culture in private sector

vi.      Development of endemic fish fauna/hill stream fisheries.

vii.     To provide better marketing facilities for the fishermen.

 

Waste management and recycling: Project Opportunities in Jammu & Kashmir

PROFILE:

Rapid industrialization last few decades have led to the depletion of pollution of precious natural resources in India depletes and pollutes resources continuously. Further the rapid industrial developments have, also, led to the generation of huge quantities of hazardous wastes, which have further aggravated the environmental problems in the country by depleting and polluting natural resources. Therefore, rational and sustainable utilization of natural resources and its protection from toxic releases is vital for sustainable socio-economic development.

RESOURCES:

SMC has introduced dumpers replacing open collection sites in many areas but the dumpers are not colour-coded and no segregation of waste is carried out at source. Total waste generated is about 375 MT/day (within SMC limits). House-to-House collection of municipal solid waste is being undertaken in 25% of households in Srinagar city through Srinagar Municipal Corporation and some Non- Governmental Organizations (NGOs). Waste is being collected from hotels, restaurants, office complexes and commercial areas whereas slums in some areas are not provided with sanitation facilities. Waste from slaughter houses, meat and fish markets, fruits and vegetable markets which are bio-degradable in nature are not managed separately instead are dumped at the landfill site.

GOVERNMENT POLICIES:

National policy on waste management is set out in the October 1998 policy statement on waste management- Changing our Ways. It outlines the Government's policy objectives in relation to waste management, and suggests some key issues and considerations that must be addressed to achieve these objectives. The policy is firmly grounded in an internationally recognised hierarchy of options, namely prevention, minimisation, reuse/recycling, and the environmentally sustainable disposal of waste which cannot be prevented or recovered.

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Buffalo Meat Processing

Buffalo meat is the meat of the water buffalo, a large bovid, raised for its milk and meat in many countries including India, Nepal, Pakistan, Bangladesh, Philippines, Bulgaria, Italy, Russia, Czech Republic, Slovakia and Egypt. Buffalo meat is known by various names in different countries. In some places it is known as buffen, or buff in India and Nepal; in some countries it is known as carabeef, from the Spanish term and breed name carabao. Meat taken from a buffalo younger than 20 months is known as padwa in India, pado in Nepal and bansgosh in Pakistan. Buffalo calves are often referred to as buffalo broilers and brought up exclusively on milk for the purpose of being slaughtered young for meat. India’s growing middle-class is pushing the growth of the meat sector. Research shows that there will be around 80% growth in meat demand by 2022 driven by convenience. This will bolster the adoption of processed meat, fish, and poultry products. The Indian meat market is US$31 billion growing at a CAGR 20% and it will reach US$65 billion by 2022.
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Rubberwood Processing Plant

Rubberwood is a light-colored medium-density tropical hardwood obtained from the Pará rubber tree (Hevea brasiliensis), usually from trees grown in rubber plantations. Rubberwood is commonly advertised as an "environmentally friendly" wood, as it makes use of plantation trees that have already served a useful function. The rubberwood used in furniture comes from the tree that produces latex. They're also called rubber trees, parawood, Asian hardwood, plantation hardwood or Hevea brasiliensis. Native to Brazil, these trees often grow on plantations with lots of production throughout Asia. The trees mature after about nine years. Rubberwood varies from nearly white to yellow or cream in color. It has dense, straight grain with a coarse texture similar to that of oak. The grain, however, is symmetrical as opposed to oak's wavy patterns. Rubberwood's color is similar to teak, but much lighter.
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Children Knitwear (T-Shirt)

Global Knitwear market is anticipated to reach USD 699 Billion, growing at an impressive CAGR of over 5% during the forecast period, due to the increasing adoption of e-commerce sites and expanding fashion industry. Moreover, rising awareness about health and increased participation in activities, such as running and yoga, are elevating the demand for active wear. Based on the product type, the market has been segmented into Innerwear, T-Shirts & Shirts, Sweaters & Jackets, Sweatshirts & Hoodies, Shorts & Trousers, Evening Dresses, Suits, & Leggings and Accessories. In 2017, t shirts, shirts and innerwear acquired more than 40% share which is anticipated to increase in the future. The global children wear market is foretold to gain momentum in growth due to the rising demand for high-quality products amid increasing safety concerns. With increase in disposable income, especially in developing economies, the growth of the global children wear market could see a rise in the coming years. Increasing interest in buying new clothes for kids could bode well for the global children wear market. Social media is expected to significantly push the global children wear market in terms of demand.
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Artificial Flowers (Paper & Cloth)

Artificial flowers are imitations of natural flowering plants used for commercial or residential decoration. They are sometimes made for scientific purposes (the collection of glass flowers at Harvard University, Materials used in their manufacture have included painted linen and shavings of stained horn in ancient Egypt, gold and silver in ancient Rome, rice-paper in China, silkworm cocoons in Italy, colored feathers in South America, and wax and tinted shells. Modern techniques involve carved or formed soap, nylon netting stretched over wire frames, ground clay, and mass-produced injection plastic mouldings. Flowers that are not available naturally, but made artificially from various materials are known as Artificial Flowers. In other words, Artificial Flowers are imitations of natural flowers. Silk Flowers, Soap Flowers, Paper Flowers, Clay Flowers, Plastic Flowers, Porcelain Flowers and Leather Flowers are some examples of artificial flowers. The artificial flowers are the replica of the natural flowers which are used in decoration. Artificial flowers are used for both residential and commercial decoration purposes. Artificial flowers with stems are generally used in homes in pots or vases, as a substitute for real flowers and plants.
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Steel Wool

Steel wool, also known as iron wool, wire wool, steel wire or wire sponge, is a bundle of very fine and flexible sharp-edged steel filaments. It was described as a new product. It is used as an abrasive in finishing and repair work for polishing wood or metal objects, cleaning household cookware, cleaning windows, and sanding surfaces. Steel wool is most often used in refinishing furniture and sometimes in the kitchen (in the form of the popular Brillo pad,) but those are by no means its only uses! Steel wool is an inexpensive and effective workhorse inside and outside of home. Steel wool is the name given to fine metal wire that are bundled together to form a cluster of abrasive, sharp-edged metal strips. The metal strips are massed together in a sheet, folded, and turned into pads that are easily held in the hand. These steel wool pads are used for a variety of purposes, but primarily as an abrasive material, sometimes replacing sandpaper. Steel wool may be best known to consumers as the pink-colored abrasive pads that have soap added so that they may be used to scrub pots and pans.
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Cement Grinding Unit

Cement grinding are used to improve the efficiency of cement production and reduce energy consumption. Cement grinding have been used for improving cement clinker grinding efficiency, power flow ability, and strength development of binders. The cement industry in India is probably the most efficient in the world and has a well deserved reputation for technology upgradation. The proper selection of plant and machinery, and process systems and auxiliary equipment is not only important from the energy efficiency point of view, but also critical from the plants. India is the second largest producer of cement in the world. No wonder, India's cement industry is a vital part of its economy, providing employment to more than a million people, directly or indirectly. Ever since it was deregulated in 1982, the Indian cement industry has attracted huge investments, both from Indian as well as foreign investors. India has a lot of potential for development in the infrastructure and construction sector and the cement sector is expected to largely benefit from it. Some of the recent major initiatives such as development of 98 smart cities are expected to provide a major boost to the sector. Cement production capacity stood at 502 million tonnes per year (mtpy) in 2018. Cement consumption is expected to grow by 4.5 per cent in FY19 supported by pick-up in the housing segment and higher infrastructure spending. The industry is currently producing 280 MT for meetings its domestic demand and 5 MT for exports requirement. The Indian cement industry is dominated by a few companies. The top 20 cement companies account for almost 70 per cent of the total cement production of the country. A total of 210 large cement plants account for a cumulative installed capacity of over 350 million tonnes, with 350 small plants accounting for the rest. Of these 210 large cement plants, 77 are located in the states of Andhra Pradesh, Rajasthan and Tamil Nadu.
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Non-Stick Kitchen Ware

The Kitchenware market in India is estimated to be in the range of Rs $320 – $360 million out of which Kitchen Accessories market is just about 18 per cent. The market is highly unorganized with organized players accounting for only 35 - 40 per cent of the market share. The industry is pegged to grow at around 21%, some of the key drivers are as follows:- • The industry is witnessing tremendous technological changes, creating better and innovative products every now and then, this leads to enormous diversity of articles on of the key drivers of the category • The market bustles specially on the auspicious season of ‘Diwali Festival’, the growth is also fuelled by ‘Marriage Occasions’ where category forms part of Gifting item • The category is becoming popular as the Casual Entertaining Trend is on the rise – thus leading to growth of contemporary and unique item • Development of new retail channels such as modern retail format stores, lifestyle stores, etc. have also added to the growth of the category because:- • Channel present consumer with lifestyle solution rather than isolated products categories • Development of different market niches, each aiming on specific consumer group • Life style-enhancing items increase in-store traffic; encourage consumers to linger longer in the outlets and boost impulse purchases
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Auto Bulb, Lamp

Light bulbs for automobiles are made in several standardized series. Bulbs used for headlamps, turn signals and brake lamps may be required to comply with international and national regulations governing the types of lamps used. Other automotive lighting applications such as auxiliary lamps or interior lighting may not be regulated, but common types are used by many automotive manufacturers. India automotive lighting market is projected to grow at a CAGR of over 12% by 2023, on the back of improvement in vehicle safety standards, advanced features in vehicle lighting systems, and government regulations towards vehicle lighting systems. Moreover, increasing automobile production, as well as vehicle fleet is further contributing to the growth of India automotive lighting market. An incandescent light bulb, incandescent lamp or incandescent light globe is an electric light with a wire filament heated to such a high temperature that it glows with visible light (incandescence). The filament is protected from oxidation with a glass or fused quartz bulb that is filled with inert gas or a vacuum. In a halogen lamp, filament evaporation is slowed by a chemical process that redeposits metal vapor onto the filament, thereby extending its life. The global lamps market is expected to expand at a modest CAGR from 2015 to 2023. It is estimated that lighting consumes a significant portion of energy production. The growing demand from rural areas on account of initiatives taken by governments across regions is expected to boost the global lamps market. Rural areas in developing nations of India, the Middle East and Latin America are witnessing a surge in the demand for lamps. The demand for lamps exists not only from residential sectors, but also from commercial and industrial sectors, which will ensure a steady growth of the market.
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Fatty Alcohol Manufacturing Business

Fatty Alcohol Manufacturing Business. Production of Long-chain alcohol (Fatty Alcohol). Profitable Business Opportunities in Oleochemicals Business Fatty alcohols are commonly derived from natural oil and fat found in animals and plants or prepared synthetically. They are aliphatic alcohols used in detergents, cosmetics, pharmaceuticals, etc. In cosmetics formulations fatty alcohol is used as a thickener, emulsifier, and emollients. Fatty alcohols can be divided into natural and artificial. All natural fatty alcohols are based on soya bean oil, palm oil, coconut oil, and others. For production of fatty alcohol - three methods can be used such as wax Easter route, Easter route, and acid route. The fatty alcohol is derived from fatty acids and forms the basic building blocks of products like soaps, shampoos, and cosmetics among others. The fatty alcohols are colorless oily liquids or solid wax substances that are widely used in making cleaning products. They are amphipathic in nature and act as non-ionic surfactants. The fatty alcohols are mainly being used as emulsifiers, thickeners, emollients, and lubricating agents across different industries. The main application areas for fatty alcohols are detergents and soaps, personal care and others. Increasing concerns regarding the effect of petrochemicals use on the environment have driven the use of bio-based, sustainable chemicals. The industry has started adopting biodegradable products and base chemicals through bio-based raw materials for the reduction of its reliance on petrochemicals and to decrease carbon footprint. Regulations regarding the environmental hazards associated with petrochemical-based products are expected to drive the market adoption. Also, increasing demand for personal care products and detergents & soaps in developing regions is estimated to drive the adoption of fatty alcohols during the forecast period. Fatty alcohol is used as an emulsifier, thickeners, emollients and lubricating agent. These vital features and aspects of fatty alcohol increases it overall market value as a chemical product. Applications segment the global fatty alcohol market into personal care, amines, soaps & detergents, lubricants and others. Global fatty alcohol market is further classified by products into C6-C10 fatty alcohols, C11-C14 fatty alcohols and C15-C22 fatty alcohols. Market Outlook Fatty alcohol market size is anticipated to be valued at over USD 7.5 billion by 2023. Favorable government initiatives accompanied by consumer shift towards natural products is likely to fuel demand over the forecast period. Increasing demand for fatty acids, coupled with increasing number of surfactant based industries are major factors driving growth of the global fatty alcohol market. Increasing number of personal care products, detergents, soaps, oil, etc. companies is also resulting into increasing usage of fatty alcohols. Abundant availability of raw materials at low cost in emerging economies is another factor fueling growth of the global market. Furthermore, increasing population and rising demand for cosmetics, cleaning products, gas, etc. are factors expected to boost growth of the global fatty alcohols market in the near future. The various application areas, the segment of detergents and soaps is expected to account for a massive, dominating share in the global fatty alcohols market during the assessment period. However, the uptake of fatty alcohols is likely to rise at substantial pace in the personal care industry. This is attributed to the rising use of emollients and emulsifiers in personal care products. The demand for fatty alcohols has witnessed a rapid worldwide demand by the rising use of fatty alcohols in the making of soaps and detergents. Rapid strides being made by the personal care and cosmetics industries in emerging economies have been imparting a big impetus to the expansion of the fatty alcohols market. Moreover, the rising use of fatty alcohols in manufacturing plasticizers, flavors and fragrance, and lubricants, is accentuating the growth. In this regard, C15-C22 fatty alcohols are extensively used in lubricants and moisturizers. In addition, C11-C14 type is used in the making of key foaming agents, notably sodium lauryl ether sulfates. However, in recent years, glut of fatty alcohols in various parts of the world is a key factor hindering the growth of the global market. Moreover, the volatility of raw materials prices has adversely affected the prospect of the fatty alcohols market. Modern lifestyle and awareness among consumer groups in developed as well as developing economies regarding the use of personal care products is a prominent factor to upsurge the growth of global fatty alcohol market. Biodegradable nature of fatty alcohol which helps maintain ecological balance is a significant factor empowering the global fatty acid market. Rising demand for detergents, surfactants and lubricants is expected to drive this market for the forecast period. End user industries like food and oil industries are expected to open new opportunities for the global fatty alcohol market. Expensive raw material cost is holding up the growth of global fatty alcohol market. The global fatty alcohol market is divided based on type, application, and region. Type is segmented into the short chain, long chain, pure & mid-cut, and higher chain. Based on application, the market is segmented into personal care, plasticizers, industrial & domestic cleaning, lubricants, pharmaceutical formulation, food & nutrition, and others. Geographically, the market has been segmented into Asia-Pacific, North America, South America, Middle East & Africa and Europe. Asia-Pacific is expected to dominate the market in the forecast period, due to the rising disposable income, increasing population and growing demand for fatty alcohols in various industries. Major leaders of the world Fatty Alcohols market are: Wilmar International Ltd., Kuala Lumpur Kepong Berhad, Musim Mas Holdings Pte. Ltd., Godrej Industries Limited, The Procter & Gamble Company, VVF Limited, Sasol Limited, Kao Corporation, Emery Oleochemicals (M) Sdn Bhd, Royal Dutch Shell plc. Oleochemicals Industry in India Fatty acids control a lion’s share in the India oleochemicals market on account of large requirement for distilled fatty acids and polyunsaturated acids, which are essential in the production of soaps, personal care products, detergents, lubricants, surfactants, etc. Oleochemicals are industrially produced chemicals derived from animal fats or vegetable oils. Since oleochemicals are less toxic as compared to conventional petrochemical products, various end use industries such as those engaged in manufacturing of personal care products, detergents, soaps and agrochemicals, are substituting their requirement for petrochemicals with oleochemicals. India oleochemicals market is projected to cross US$2.6 billion by 2025. India oleochemicals market has been segmented into five categories namely - fatty acids, fatty alcohols, glycerin, fatty acid methyl esters and fatty amines. Robust growth in India oleochemicals market can be attributed to the increasing demand for naturally derived raw materials for personal care and soaps industry. Rising consumer spending on green products and increasing awareness regarding the harmful effects of chemicals used in cosmetic products has resulted in an upsurge in preference for oleochemicals in the country, especially over the last few years. However, the fastest growth in India oleochemicals market over the next ten years is anticipated to be exhibited by methyl esters and fatty amines, which are increasingly being used in the agrochemicals sector. West region controls the largest share in India oleochemicals market on account of strong presence of soaps and detergent manufacturing industries in the region. Few of key players involved in India oleochemicals market include VVF(India) Limited, Godrej Industries Limited, 3F Industries Limited, Jocil Limited, Indo Amines Ltd., Universal Biofuels Limited, Oil Base India and Oleochem India Private Limited Tags #Fatty_Alcohol, #Production_of_Fatty_Alcohols, Process for Production of Fatty Alcohols, #Fatty_Alcohol_Manufacturing_Plant, Fatty Alcohol Industry in India, Setting up Fatty Alcohol Manufacturing Unit, Fatty Alcohol Business, #How_to_Start_Industrial_Alcohol_Manufacturing_Business, Fatty Alcohol Making Process, Fatty Alcohol Manufacture, Manufacturing of Fatty Alcohol, #Fatty_Alcohol_Plant, Process for Producing Fatty Alcohols, Fatty Alcohols Manufacturing, Long-Chain Alcohols, Fatty Alcohol Production Process, Fatty Alcohol Production Plant, Production, Properties, and Uses of Fatty Alcohols, Fatty Alcohol Production Business, #Fatty_Alcohol_Formula, Process for Manufacturing of Fatty Alcohols, #Project_Report_on_Fatty_Alcohols_Manufacturing_Industry, Detailed Project Report on Fatty Alcohols Manufacturing, Project Report on Fatty Alcohol Production, Pre-Investment Feasibility Study on Fatty Alcohol Production, #Techno_Economic_feasibility_study_on_Fatty_Alcohols_Manufacturing, Feasibility report on Fatty Alcohol Production, #Free_Project_Profile_on_Fatty_Alcohol_Production, Project profile on Fatty Alcohol Production, Download free project profile on Fatty Alcohol Production, #Oleochemicals_Industry_in_India, India Oleochemicals, Oleo Chemicals, Production of Oleochemicals, Oleochemical Industry, Oleochemicals Manufacturing, Oleochemical Production Process, Oleochemical Manufacture, Oleochemical Manufacture and Applications Pdf, Manufacturing of Oleochemicals, Production of Long-chain Alcohols
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Return: 1.00%Break even: N/A
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LPG Gas Pipe

LPG Gas Pipe is used for joining stove to LPG cylinder in home kitchens for cooking purposes. The pipe embraces features like flexibility in bending and resist against cracks for many years. Outer layer of gas pipe is made up of rubber and inside it has hard wired mesh that gives protection from bites of rats. These are widely used in compressors, welding, heating and cutting operation and other pneumatic applications. Features: • Durable nature • Easy to use • Low maintenance • High strength • Water resistant • Abrasion resistance • High tensile strength • Durable finish standard
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Return: 1.00%Break even: N/A
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