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

Steel industry: Project Opportunities in Karnataka

 

PROFILE:

Steel Industry is a booming industry in the whole world. The increasing demand for it was mainly generated by the development projects that have been going on along the world, especially the infrastructural works and real estate projects that has been on the boom around the developing countries. India’s economic growth is contingent upon the growth of the Indian steel industry. Consumption of steel is taken to be an indicator of economic development. While steel continues to have a stronghold in traditional sectors such as construction, housing and ground transportation, special steels are increasingly used in engineering industries such as power generation, petrochemicals and fertilisers. India occupies a central position on the global steel map, with the establishment of new state-of-the-art steel mills, acquisition of global scale capacities by players, continuous modernisation and up gradation of older plants, improving energy efficiency and backward integration into global raw material sources.

RESOURCES:

Karnataka is the 3rd largest producer of steel in India with a current production level of 10.70 Million Tons per annum. Both alloy and non-alloy steel are produced and the product range includes basic steels like pig iron and sponge iron, ingot, blooms, billets, slabs, finished products like long products CTD & TMT (bars & rods), wire rod, sections, bright bars, CR/HR coils. The export of steel from Karnataka is around 0.96 Million Tons.

It is one among 6 major steel producing states. Karnataka is the 2nd largest in the country in terms of iron ore reserves and largest exporter of iron ore in the country. Hence, it can share more than 40% of the steel demand in India which is estimated as 124 million tons by 2011-12 and 50% of the exports of finished steel products. Based on this estimate, Karnataka can host a manufacturing steel base for more than 100 million tons capacity per annum.

GOVERNMENT POLICIES:

Under the new industrial policy, iron and steel has been made one of the high priority industries. Price and distribution controls have been removed  as well as foreign direct investment up to 100% (under automatic route) has been permitted.  The Trade Policy has also been liberalized and import and export of iron and steel is freely allowed with no quantitative restrictions on import of iron and steel items. Tariffs on various items of iron and steel have drastically come down since 1991-92 levels and the government is committed to bring them down to the international levels.  With the abolishing of price regulation of iron and steel in 92, the steel prices are market determined. The policy devises a multi-pronged strategy to achieve these targets with following focus areas; removal of supply constraints especially availability  of critical inputs like iron ore; improve cost competitiveness by expanding and strengthening the infrastructure in roads, railways, ports and power; increase exports; meet the additional capital requirements by mobilizing financial resources; promote investments by removing  procedural delays. In addition the policy also addresses challenges arising out of environmental concerns, human resource requirements, R&D, volatile steel prices and the secondary sector. 

 

Food processing: Project Opportunities in Karnataka

 

PROFILE:

India is the world's second largest producer of food next to China, and has the potential of being the biggest with the food and agricultural sector. The Indian food processing industry stands at $135 billion and is estimated to grow with a CAGR of 10 per cent to reach $200 billion by 2015. The food processing industry in India is witnessing rapid growth. In addition to the demand side, there are changes happening on the supply side with the growth in organised retail, increasing FDI in food processing and introduction of new products. India's food processing sector covers fruit and vegetables; meat and poultry; milk and milk products, alcoholic beverages, fisheries, plantation, grain processing and other consumer product groups like confectionery, chocolates and cocoa products, Soya-based products, mineral water, high protein foods etc.

 

RESOURCES:

Karnataka is poised to become the leading food processing hub in India. Clearly, the food processing industry is on the threshold of demand-led growth in the country and within the state of Karnataka. It says Karnataka boasts of specific supply strengths, giving the state a comparative advantage to become a leading food processing hub of the country. With 10 agro-climatic zones and land topography highly suitable for agriculture, Karnataka is one of the most agriculturally diverse states in India. It is estimated that about 83 per cent of the geographic area of the state is suitable for agriculture, of which 64.60 per cent is under agricultural cultivation. Consequently, Karnataka is the largest producer of ragi, sunflower, tomato, coffee and arecanut and the second largest producer of maize, safflower, grapes, pomegranate and onion. The state is also the largest producer of spices, aromatic and medicinal plants in the country. In addition, the state has a wealth of livestock and marine resources that augur well for processing of dairy, meat, fish and shrimp. Karnataka, the report points out, also takes pride in having a strong and expanding infrastructure base for setting up food processing facilities in the state.

GOVERNMENT POLICIES:

The promotion of Agro-based industries is among the priorities of the State Government. The state has assured supply of fruits & vegetables grown by applying scientific techniques, investment in post harvest and good transport infrastructure. The National Horticulture Mission (NHM) in the Jharkhand State was launched in late 2005-06 initially in 10 districts with main focus on production of planting materials, vegetable seed production, establishment of new gardens, creation of water resources etc. Establishment of new gardens include perennial and non perennial fruits, spices, floriculture, aromatic and medicinal plants. This scheme was 100 % sponsored by Central Govt. during 2005-06 and 2006-07 (Xth Five Year Plan). However, during 2007-08 and onwards (XIth Five Year Plan) this scheme has been implemented in 15 districts with the pattern of assistance as 85:15 by Central Govt. and State Govt. respectively. The Jharkhand government has decided to set up a food park to kick off the development of the food processing sector in the state and attract investors. In general very few small scale food processing industries are present in the state.

Textile: Project Opportunities in Karnataka

 

PROFILE:

The textile industry is primarily concerned with the production of yarn, and cloth and the subsequent design or manufacture of clothing and their distribution. The raw material may be natural or synthetic using products of the chemical industry. India Textile Industry is one of the leading textile industries in the world. Though was predominantly unorganized industry even a few years back, but the scenario started changing after the economic liberalization of Indian economy in 1991. The opening up of economy gave the much-needed thrust to the Indian textile industry, which has now successfully become one of the largest in the world

RESOURCES:

In Karnataka, the Textile Industry occupies a unique position in the economy of the state in terms of its contribution to industrial production, employment and exports. The textile sector contributes 0.50% of the GDP of the State. Karnataka under its Textile Policy of 2008-13 has planned to get investment worth Rs 9000 crore. Forty percent of such investments are planned to be directed towards the garment industry. The Karnataka government will establish fashion hubs and assist in market development and brand building. Specific incentives are also provided, like entry tax reimbursement, stamp duty reimbursement, up to 25% waiver on land acquisition charges, subsidy on power and capacity building support.

 

 

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, 1995Government 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.

 

Biotechnology: Project Opportunities in Karnataka

PROFILE:

The Biotechnology sector in India is one of the fastest growing sectors of the Indian Economy. As the sector is mainly based on knowledge, it is expected that it will play an important part in shaping the Indian Economy, which is developing at a rapid pace. The Indian Biotechnology sector holds immense potential in terms of research and development, skill and cost effectiveness.

RESOURCES:

Karnataka has successfully attracted the BioTech industry. Bengaluru, Karnataka is the capital for Biotech clusters in the country. Bangalore currently houses 92 of India's 180 biotech companies, with total actual investments of over Rs 1,000 crore, of which Rs 140 crore has been venture capital funding. The companies are encouraged to invest thanks to the presence of large R&D institutions like Indian Institute of Science and the National Centre for Biological Resources. However, it is sure to face a lot of competition from media savvy Hyderabad. Bangalore Helix is a biotech cluster being planned by the Karnataka government. Bangalore Helix would support biotech units with common infrastructure. It would comprise eight biotech incubators, covering a total area of 10,000 square feet. Excluding the cost of land (around Rs 60 crore) that has already been acquired, the cluster will involve an investment of Rs 100 crore. The infrastructure support would be comprehensive, right from advance computing facilities to treated water necessary for biotech infrastructure services.

GOVERNMENT POLICIES:

·         The Karnataka government has announced a biotech policy to promote this sector and is setting up an institute for bioinformatics in Banglore.

• In addition the state government is also creating a biotechnology fund that will have inflows from the biotech companies. This could be used for incubation of new projects and promotion of the sector in the state.

• Karnataka government is putting in Rs. 50 million and an equal amount is being brought by ICICI to develop the institute if bioinformatics in Banglore. Karnataka has planned to launch India's first state sponsored biotechnology venture capital fund to boost their initiatives.

·         Three 'biotech parks' are emerging in the state , namely 'university of Agricultural Sciences, Banglore; 'Institute of Agri-biotech in Dharwad ; and Institute of Biotechnology in Karwar.

 

 

 

Automobile: Project Opportunities in Karnataka

 

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:

Auto industry is the second fastest growing sector in Karnataka, the automobile and auto component sector has maintained a 15 per cent growth in Karnataka. There is a huge potential of development in the sector of automobiles in Karnataka. The component industry caters to the OEMs (all kinds of automobiles like trucks, cars, SUVs, LCVs, buses, two-wheelers, tractors etc.,) and exports. Termed a priority sector, auto and auto parts hold the key to economic growth of the state.

GOVERNMENT POLICIES:

Government brought out a very innovative Policy "Ultra Mega Policy for Integrated Automobile Projects" that offers a very attractive package of support to automobile projects investing more than Rs.4000 Crores. As a result of this Policy, since May 2006, investments attracted by Tamil Nadu is automobiles & components manufacturing is Rs.21900 Crores, almost 5 times of the Investments attracted during previous 15 years (May 1991-April 2006). The total employment potential in these new projects is: 1.20 lakhs (direct + Indirect). Govt of India is currently implementing a project "National Automotive Testing R&D Infrastructure Project" (NATRIP) in Oragdam near Chennai at a project cost of about Rs.450 Crores. This project aims at facilitating introduction of world-class automotive safety, emission and performance standards in India as also ensure seamless integration of our automotive industry with the global industry.

 

 

Mineral: Project Opportunities in Karnataka

 

PROFILE:

Minerals are valuable natural resources being finite and non-renewable. They constitute the vital raw materials for many basic industries and are a major resource for development. Management of mineral resources has, therefore, to be closely integrated with the overall strategy of development; and exploitation of minerals is to be guided by long-term national goals and perspectives. Ministry of Mines is responsible for survey and exploration of all minerals, other than natural gases, petroleum and atomic minerals, for mining and metallurgy of non-ferrous metals like aluminium, copper, zinc, lead, gold, nickel, etc. and for administration of the Mines and Minerals (Regulation and Development) Act, 1957 in respect of all mines and minerals other than coal, natural gas and petroleum.

 

RESOURCES:

Karnataka is rich in its mineral wealth which is distributed fairly evenly across the state. Karnataka's Geological Survey department started in 1880 is one of the oldest in the country. Rich deposits of asbestos, bauxite, chromite, dolomite, gold, iron ore, kaolin, limestone, magnesite, Manganese, ochre, quartz and silica sand are found in the state. Karnataka is also a major producer of felsite, moulding sand (63%) and fuchsite quartzite (57%) in the country.

Karnataka has two major centers of gold mining in the state at Kolar and Raichur. These mines produce about 3000 kg of gold per annum which accounts for almost 84% of the country's production. Karnataka has very rich deposits of high grade iron and manganese ores to the tune of 1,000 million tonnes. Most of the iron ores are concentrated around the Bellary-Hospet region. Karnataka with a granite rock spread of over 4200 km² is also famous for its Ornamental Granites with different hues.

 

GOVERNMENT POLICIES:

The  role to be played by the Central and State Governments in  regard  to  mineral  development has  been  extensively  dealt in  the  Mines  and Minerals (Development and Regulation)  Act, 1957  and Rules  made under the Act by  the  Central  Government and  the  State  Governments in their  respective  domains.   The provisions  of  the  Act  and the Rules  will  be  reviewed  and  harmonised  with  the basic features of the new  National Mineral  Policy.  In future the core functions of the State in mining will be facilitation and regulation of exploration and mining activities of investors and entrepreneurs, provision of infrastructure and tax collection.  In mining activities, there shall be arms length distance between State agencies (Public Sector Undertakings) that mine and those that regulate.  There shall be transparency and fair play in the reservation of ore bodies to State agencies on such areas where private players are not holding or have not applied for exploration or mining, unless security considerations or specific public interests are involved. Recently, the Union Government after reviewing the current mining sector, mineral development and keeping in view the availability of the valuable finite resource have announced the National Mineral Policy (NMP))- 2010. Research organisations, including the National Mineral Processing Laboratories of the Indian Bureau of Mines should be strengthened for development of processes for beneficiation and mineral and elemental analysis of ores and ore dressing products. There shall be co-operation between and co-ordination among all organisations in public and private sector engaged in this task.

 

Waste management: Project Opportunities in Karnataka

PROFILE:

Waste utilization, recycling and reuse plays a major role in limiting resource consumption and the environmental impact of waste. Recycling is an integral part of any waste management system as it represents a key utilization alternative to reuse and energy recovery (Waste-to-Energy). Which option is ultimately chosen depends on the quality, purity and the market situation. Hazardous waste management is a new concept for most of the Asian countries including India. The lack of technical and financial resources and the regulatory control for the management of hazardous wastes in the past had led to the unscientific disposal of hazardous wastes in India, which posed serious risks to human, animal and plant life.

 

RESOURCES:

As regards municipal waste on an average 40 to 50 % of the total municipal waste is generated in the sic municipal corporation of Karnataka & more than 70 % of municipal waste is generated by the residential & market areas. The domestic waste generated by households comprises mainly of organic, plastic & paper waste & small quantities of the waste. Plastic & glass are segregated at the household level or by rag pickers and sold. The remaining waste is disposed in community bins, discarded ointments and medicine. In addition about 1 to 2% of biomedical waste also gets mixed with municipal solid waste in the community bins.

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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Sport Shoes (Automatic Imported Plant)

Walking shoes are designed with the specific body mechanics and strike path of walking in mind. They are constructed to be more flexible through the ball of the foot to allow a greater range of motion through the roll of the forefoot. They also have greater arch support to protect where the force is heaviest on the foot. Running shoes, in contrast, have more cushioning in the heel–the point of impact–and less protection through the ball of the foot. The amount of heat generated in the running motion is greater, so running shoes also are made with a higher amount of mesh to keep feet cool during exercise. Running shoes include shoes required for training, advanced running, road running, trail running, track running, and racing. The running shoe segment dominated the market in 2017, which can be attributed to daily usage of running shoes and availability of these shoes in a wide range of prices ranging from affordable athletic shoes to highly luxurious athletic shoes. In most of the developed countries, the proportion of women athletes representing their respective nations at major sporting events is significant as compared to developing and underdeveloped countries. In addition, overall level of awareness about fitness among women is considerably high in advanced countries as compared to developing countries. Moreover, footwear manufacturers are focusing on quality and cost effective athletic footwear which are durable and comfortable for the consumers. These advantages of athletic footwear are expected to bolster the market in near future. Likewise, adoption of latest 3-D printing technology by the shoe manufacturers in order to manufacture shoes in less time and with enhanced quality is the key factor for the growth of athletic footwear market. The market offers a variety of footwear with options in color, design, and price to cater to the needs and purchasing abilities of individual customers. Sales expansion through online channels, innovative product launches, and attractive marketing and promotional strategies that are adopted by the companies have fueled the growth of the athletic footwear market size.
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Rubber Roller & Ebonite Roller

Rubber rollers are used for variety of purposes and are found in many manufacturing processes. The basic uses for rubber rollers are found in the manufacturing processes of textiles, film, sheet, paper and coiled metal. Rubber covered rollers are used in all sorts of container and packaging fabricating equipment as well as machinery used for the sanding and grinding of wood, steel and aluminum. Industrial rubber rollers or rolls are used in applications which require a high degree of contact and holding friction, and also in material processing applications requiring a soft touch. Rollers are usually in the shape of cylindrical or spherical shape and are devices that roll or rotate, like for example, a small spoke less wheel or like a roller skate or caster. Rollers are also used in printing. Demand for industrial rubber products in the US is forecast to expand 3.4 percent per annum to $24.4 billion in 2019. Gains will be fueled by increased production of machinery and healthy growth in nonresidential construction spending.
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Non-Formaldehyde Dye Fixing Agent Production for Reactive Dye

Non-Formaldehyde Dye Fixing Agent Production for Reactive Dye. Business Opportunities in Textile Auxiliaries for Startup A dye Fixing Agent includes good capability with cross linking agents without promoting dye bleeding. It is generally used after completing the dyeing or in printing paste. At present, color fixing agent can be divided into cationic fixing agent, resin type fixing agent (containing formaldehyde resin type fixing agent containing polyamine resin type fixing agent) and cross linking reaction type fixing agent. The dye-fixing agent is applied to the dyed or printed substrate by an exhaust process or by alternative methods, such as padding, spraying, dipping, etc., Application of the dye-fixing agent to the substrate to be finished, may take place either, after the dyed substrate has been removed from the dye bath and has been rinsed, or after the dyed and rinsed substrate has undergone an intermediate drying step. Dye Fixing Agent find wide application as fixing agents for direct as well as reactive dyestuffs on cellulose fiber. Further, these are also used for bringing necessary improvements in rubbing fastness of direct colors to light and washing. Dye fixing agents are of considerable interest in the art of textile coloring, and numerous dye fixing agents have been used and/or proposed in the past. One class of well known dye fixing agents employs formaldehyde as a starting material. List of Dye Fixing Agent Manufacturers in India: • L. N. Chemical Industries • Rung International, Mumbai • ArihantDyechem • Pacific Texchem Private Limited • Americos Industries Inc. • AbhBiochem Private Limited • Snow Chemical Industries Pvt Ltd • VexentDyeaux India Pvt. Ltd. • SiddhivinayakDyechem Pvt. Ltd. • Sigma Chemical Industries Market Outlook Global Dye Fixing Agents market size will increase to Million US$ by 2025, from Million US$ in 2017, at a CAGR of during the forecast period. Textile Chemicals Market Textile chemicals are significantly used in home furnishings in the building & construction industry. Rise in expenditure on home furnishings is anticipated to propel the textile chemicals market during the forecast period. Demand for home furnishings is rising in Asia Pacific owing to a rapidly increasing middle class and a booming housing market. Moreover, fashion sensitivity toward household furnishing has improved in countries in the region. Global textile chemical market is expected to reach $27,560 million by 2022 from $21,770 million in 2015, and, growing at a CAGR of 3.4% from 2016 to 2022. The report encompasses textile chemicals market analysis in terms of product type and applications. The significant impacting factors in the textile chemicals industry include development of apparel industries due to increase in demand for consumers and growth in population. Along with these factors, the market is influenced by the increase in demand for home furnishing products, evolution of environmental friendly chemicals required by textiles industries, and development of packaging industries, which require large textile chemicals. The textile chemicals market growth is decreasing considerably. The market, which is in its mature stage; however, its contribution to the global market would increase significantly within the next few years. Adverse effects of chemicals on environment and stringent regulations imposed on the chemicals are the major limitations for utilizing textile chemicals. However, recent innovations, which embed introduction of innovative ideas of anti-microbial, luxurious, and stain-resistant fabrics, thus allowing chemicals to reach a wider segment of audiences. Numerous players are stepping in the textile chemicals market with innovative products. Emerging technology such as establishment of sterilized textiles is expected to increase the competition in the years to come. In future, the textile chemicals industry in the world will turn concentrated. The world textile chemicals consuming market will still has a certain amount of growth. Global competition is likely to turn to the relationship of competition and cooperation. With the development of economy, textile chemicals have huge market potential in the future. Owing to the increasing of demand in textile chemicals products, the world textile chemicals capacity will continue to expand. Asia Pacific is leading market for textile chemicals industry by revenue which accounted over half of the gross revenue in the world over the past couple of years. Increasing government initiatives in countries like India to retain healthy growth in textile industry is one of the driving factors of this market. The fast growing markets like China, Vietnam, Bangladesh and Malaysia in textile industry are triggering the demand for textile chemicals market. Textile Chemicals Market in India Textile chemicals market in India is projected to cross US$ 2.5 billion by 2021. Rising global as well as domestic demand for high quality textile products, growing textile production, favorable government policies and increasing garments sourcing from India by international brands are boosting demand for textile chemicals in the country. Textile chemicals are used during the processing of textiles, and are broadly classified as auxiliaries and colorants. By 2018, auxiliaries are expected to hold a major market share of the Indian textile chemicals market because of the growing domestic and international demand for quality textiles and technical textiles. The market for auxiliaries will also grow with the rising textile exports to markets such as the US and Western Europe which demand high quality products. Textile chemicals application segments are classified into apparels, home furnishings/textiles and industrial textiles. Of these, the apparel segment is projected to account for the largest market share by 2018. This can be attributed to the increasing demand for fashionable and eco-compatible products. Apart from this, rising disposable income and increasing living standards are expected to significantly augment demand for textile chemicals in India over the next five years. On the basis of product type, India textile chemicals market has been segmented into two categories, namely, colorants and auxiliaries. In addition, increasing investments by the industry players for the development of eco-friendly chemicals will also contribute to the growth of the India textile chemicals market. However, there are certain factors which have the potential to refrain the growth in demand for textile chemicals in India. Lack of differentiation in textile chemicals produced by multinational companies &domestic manufacturers and high fragmentation in the industry which is lowering the bargaining power of the suppliers are the factors posing a challenge to growth in demand for textile chemicals in the market. Tags #Production_of_Dye_Fixing_Agent, #Dye_Fixing_Agents, #Dye_Fixing_and_Washing_Agents, Color Fixing Agent for Dye, #Production_of_Non_Formaldehyde_Dye_Fixing_Agent_for_Reactive_Dye, Dye Fixing Agent Manufacturing Process, Fixing Agent Manufacture, Textile Dyes and Chemicals, #Formaldehyde_Based_Dye_Fixing_Agent, Textile Dyeing Industry, Non-Formaldehyde Dye Fixing Agent Manufacturing Business, Formaldehyde Based Dye Fixing Agent, #Non_Formaldehyde_Dye_Fixing_Agent_Production, Non Formaldehyde Dye Fixing Agent, #Reactive_Dye_Fixing_Agent, Textile dye-fixing agents, Dye Fixing Agent Manufacture, Project Report on Dye Fixing Agent Manufacturing Process, #Project Report on Non-Formaldehyde Dye Fixing Agent Manufacturing Business Industry, Detailed Project Report on Non-Formaldehyde Dye Fixing Agent Manufacturing Business, Project Report on Non-Formaldehyde Dye Fixing Agent Manufacturing Business, Pre-Investment Feasibility Study on Textile Dyeing Industry, #Techno_Economic_feasibility_study_on_Production_of_Dye_Fixing_Agent, #Feasibility_report_on_Textile_Dyeing_Industry, Free Project Profile on Production of Dye Fixing Agent, Project profile on Non-Formaldehyde Dye Fixing Agent Manufacturing Business, Download free project profile on Non-Formaldehyde Dye Fixing Agent Manufacturing Business, Textile Chemicals, Chemicals Used in Textile Processing, Textile Chemical Processing, Textile Chemicals Production
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Alcohol from Tapioca Starch

Alcohol is a depressant, which in low doses causes euphoria, reduces anxiety, and improves sociability. In higher doses, it causes drunkenness, stupor, unconsciousness, or death. Long-term use can lead to alcohol abuse, physical dependence, and alcoholism. Alcohol is one of the most widely used recreational drugs in the world with about 33% of people being current drinkers. The global alcoholic beverages market was valued at $1,439 billion in 2017, and is expected to reach $1,684 billion by 2025, registering a CAGR of 2.0% from 2018 to 2025. Most cultures across the globe have traditionally consumed various types of alcoholic beverages; however, local specialty alcoholic beverages account for the majority share. Only a small number have evolved into commodities that are produced commercially on a large scale. The demand for alcoholic drinks is growing at a faster rate in emerging countries, like India, China, Indonesia, and Singapore. This is driving the demand for alcoholic drinks industry. The growing demand for premium alcoholic beverages is considered to be one of the primary drivers for this market. Efforts by alcoholic beverage manufacturers for strengthening distribution channels and extension of purchase channels, such as online stores, and convenience stores, is also contributing substantially to the growth of the global alcoholic beverages market.
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Paints & Varnishes

Paints Paint is any pigmented liquid, liquefiable, or mastic composition that, after application to a substrate in a thin layer, converts to a solid film. It is most commonly used to protect, color, or provide texture to objects. Paint can be made or purchased in many colors—and in many different types, such as watercolor, synthetic, etc. Paint is typically stored, sold, and applied as a liquid, but most types dry into a solid. Paint is essentially a coating or covering material applied on metallic or non-metallic surfaces for decorative or protective purposes. Paint is used to decorate, protect and prolong the life of natural and synthetic materials, and acts as a barrier against environmental conditions. Paints may be broadly classified into Decorative paints, applied on site to decorate and protect buildings and other objects, and Industrial coatings which are applied in factories to finish manufactured goods such as cars. The Indian paint market is expected to reach Rs 709 bn by 2019-20 from around Rs 403 bn in 2014-15. The per capita paint consumption in India which is a little over 4 kgs is still very low as compared to the developed western nations. Therefore, as the country develops and modernizes, the per capita paint consumption is bound to increase. The paints sector is raw material intensive, with over 300 raw materials (50% petro-based derivatives) involved in the manufacturing process. Since most of the raw materials are petroleum based, the industry benefits from softening crude prices. The unorganised sector controls around 35% of the paint market, with the organised sector accounting for the balance. In the unorganised segment, there are about 2,000 units having small and medium sized paint manufacturing plants. Top organised players include Asian Paints, Kansai Nerolac, Berger Paints and ICI. Automotive paint, one of the most vital parts of automobile, is applied on automobiles to preserve them from UV rays, corrosion and oxidation. They are used extensively for painting exterior and interior of automobiles and serve a dual purpose of decoration as well as protection. The different products that fall under automotive paints are electro coats, powder coats, basecoat and clear coat. Availability of various choices of color is boosting the automotive paints market. Varnishes Varnish is a clear transparent hard protective finish or film. Varnish has little or no color and has no added pigment as opposed to paint or wood stain which contains pigment. However, some varnish products are marketed as a combined stain and varnish. Varnish is primarily used in wood finishing applications where the natural tones and grains in the wood are intended to be visible. It is applied over wood stains as a final step to achieve a film for gloss and protection. Varnish finishes are usually glossy but may be designed to produce satin or semi-gloss sheens by the addition of "flatting" agents. Varnish is a transparent, hard, protective finish or film primarily used in wood finishing but also for other materials. Varnish is traditionally a combination of a drying oil, a resin, and a thinner or solvent. Varnish finishes are usually glossy but may be designed to produce satin or semi-gloss sheens by the addition of "flatting" agents. Varnish is a type of clear finish. It is composed of a solvent, resin and oil. Varnishes are available in a variety of finishes, including satin, gloss, and semi-gloss. Varnish has no color or pigment. It is translucent, which allows the natural characteristics of a piece of wood to be seen. Carpenters, woodworkers and cabinet makers typically add varnish to pieces to give them a glossy sheen. The varnish also adds a barrier that protects the wood against damage, including scratches and dents. Global Paint and Varnish Market is expected to grow significantly in the forecast period owing to the increasing development worldwide. Paint is the coating applied on the walls or surfaces for decoration. The material is either available in oil-based or water-based form; it prevents corrosion and completely hides the applied surface. Varnishes are the transparent liquids that offer protective surface coating like paints. They do not completely hide the surface but add glossy finish to it. Varnish normally contains resin, thinner or solvent and drying oil. Wood varnishes are used to provide finishing to wooden surfaces. The application of varnish on wooden surfaces enhances their aesthetic appearance and provides resistance against moisture and other environmental agents. Wood varnishes are usually transparent in colour. They seal the pores on the wooden surface and thus, prevent the action of microorganisms, which could potentially damage the surface.
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Return: 1.00%Break even: N/A
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Washing Machine

Washing machine (laundry machine, clothes washer, or washer) is a device used to wash laundry. The term is mostly applied to machines that use water as opposed to dry cleaning (which uses alternative cleaning fluids, and is performed by specialist businesses) or ultrasonic cleaners. The user adds laundry detergent which is sold in liquid or powder form to the wash water. The washing machine enables you to wash your clothes automatically without having to supervise its operation. All you have to do is put the clothes in the machine and select the wash mode. The washing machine automatically takes in the amount of water and detergent required and it also automatically sets the timer for washing, rinsing and drying as per the selected mode and the amount of clothes. Washing machine is a complex appliance, and sometimes you may feel a little confused when it comes to washing machine installation or even dealing with washing machine problems. To help you understand your washer better, here’s an introduction to washing machine parts as well as some basic information on how your machine works. The washing machine has two steel tubs. The inner tub is the one that holds the clothes. It has an agitator in the middle of it, and the sides are perforated with holes so that when the tub spins, the water can leave. The growing demand for products which bring convenience to consumers is a key factor fueling the demand for washing machines. The growing changes in lifestyles, increasing disposable income, and the availability of advanced technology are also boosting the growth of the global washing machines market. One of the trends seen in the washing machine market in recent times is the use of technology that reduces the use of water for washing. Global Washing Machine Market was valued at $36,648 million in 2016, and is projected to reach at $53,193 million by 2023, growing at a CAGR of 5.5% from 2017 to 2023. Washing machines are widely used home appliances for washing laundry, as they save time and energy. A washing machine operates by spinning the laundry at high speed, thereby generating centrifugal force that removes water from the laundry along with dirt. Washing machine is a home appliance used for the laundry purpose. Economic growth in advanced and developing countries has favored the growth of the washing machine market. The use of a washing machine helps to save time and energy required to wash laundry. Product innovations have led to the development of advanced washing machines that increase comfort level and convenience for customers.
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Return: 1.00%Break even: N/A
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Rubber Processing Oil

An oil composition which has a kinematic viscosity at 100 °C of from 32 to 50 cSt and which contains less than 3%. polynuclear aromatic compounds is employed as a process oil for rubber compounds, especially aromatic rubbers. The process oil is compatible with aromatic rubbers but contains less toxic polynuclear aromatic compounds than conventional aromatic rubber process oil. Rubber products of acceptable quality are produced using the said oil composition. Rubber process oil, both synthetic and natural are commercially used to Produce products from rubber bands to a toy to the giant tires for various vehicles including aircrafts. Rubber Process Oils are used during mixing of rubber compounds. These help in improving the dispersion of fillers and flow characteristics of the compound during further processing. Rubber Process Oil, which is used in the processing of rubber manufacturing and is known for its superior quality. Widely used in various industries, this rubber process oil is safe to use and environment friendly. Rubber materials are wide employed in human life. Rubbers, each artificial and natural are commercially used to manufacture product from rubber bands to a toy to the enormous tyres for varied vehicles together with aircrafts. Most typical usage is especially on tires, automotive provide trade, white product, constructions, textiles and medicine applications. The most parts of rubber compounds are rubber, reinforcing fillers, method oils and oil based mostly softeners. Alternative additives, like stabilizers, antioxidants, processing agents are enclosed in less quantity. The rubber process oil market is projected to grow from USD 1.91 billion in 2018 to USD 2.33 billion by 2023, at a CAGR of 4.1%, from 2018 to 2023. The growth of the rubber process oil market can be attributed to the increased consumption of rubber process oils in the manufacturing of tires. The growing number of automobiles across the globe has contributed to the increasing demand for tires, thereby leading to the growth of the rubber process oil market. The rubber process oil helps in enhancing the flow characteristics of compounds and dispersion of fillers during the processing. Moreover, the main purpose of process oil is improving and enhancing the processing of rubber and rubber compounds, while at the same time increasing the bulk of the rubber in order to reduce the costs. Rubber process oil is used in a broad range of automotive products such as rubber parts of trucks, cars, and motorcycles.
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Return: 1.00%Break even: N/A
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Strontium Carbonate

Strontium Carbonate is generally immediately available in most volumes. Ultra high purity and high purity compositions improve both optical quality and usefulness as scientific standards. Nanoscale elemental powders and suspensions, as alternative high surface area forms, may be considered. Strontium carbonate (SrCO3) is the carbonate salt of strontium that has the appearance of a white or grey powder. It occurs in nature as the mineral strontianite. Strontium carbonate is a white, odorless, tasteless powder. Being a carbonate, it is a weak base and therefore is reactive with acids. It is otherwise stable and safe to work with. It is practically insoluble in water (1 part in 100,000). Strontium carbonate, whose chemical formula is SrCO3, is a fine, white powder whose properties are similar to those of calcium carbonate (lime). SrCO3 is very little soluble in water; it dissolves in acids, for example in hydrochloric acid, developing carbon dioxide as follows: SrCO3 + 2 HCl -> SrCl2 + H2O + CO2. Strontium is in the group of the alkaline earth metals (2. main group). It is non-toxic just like calcium, which is in the same group. The chemical similarity of strontium and calcium, however, accounts for the fact that the radioactive strontium isotopes that formed during the Chernobyl reactor accident have been able to deposit in the bones to trigger cancer. Strontium carbonate is generally preferred instead of any other compound owing to its low cost and the fact that it is not hygroscopic. Its ability to neutralize acid is also very helpful in pyrotechnics. Growing demand for firecrackers and pyrotechnic activities during concerts, festivals or any sort of celebrations will inevitably augment the strontium market size in the forecast period. Additionally, it is also widely used in making flares and flare guns that has its applications in defense industry globally. Strontium carbonate is the carbonate salt of strontium with chemical formula SrCO3. It appears in the form of white or grey powder. It occurs in the form of strontianite mineral deposits in nature; however, only a few deposits discovered are suitable for development. Even though strontianite would be more useful of the two commonly found minerals (the other being celestine), as strontium carbonate is the largely used compound with a wide variety of applications; it is not available in quantities sufficient to make its recovery practical. The Strontium Carbonate Market is segmented on the basis of the Type and Application. Geographically, the Strontium Carbonate Market has been segmented North America, Europe, APAC and row. Industries are propelling the demand for water softeners for various downstream applications.
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Return: 1.00%Break even: N/A
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Agar Oil from Black Agarwood

Agarwood, aloeswood or gharuwood is a fragrant dark resinous wood used in incense, perfume, and small carvings. It is formed in the heartwood of aquilaria trees when they become infected with a type of mould (Phialophora parasitica). Prior to infection, the heartwood is odourless, relatively light and pale coloured; however, as the infection progresses, the tree produces a dark aromatic resin, called aloes or agar (not to be confused with the edible, algae-derived agar) as well as gaharu, jinko, oud, or oodh (not to be confused with bukhoor), in response to the attack, which results in a very dense, dark, resin embedded heartwood. Agarwood oil, often referred to as oud oil and eagleswood oil, is a resinous, fragrant and highly valuable heartwood. Agarwood oil is more popularly called as Aloeswood oil. The essential oil is derived from the heartwood of the agarwood tree when they become infected with a type of mould. Post infection, the tree produces a dark aromatic resin, called aloes or agar. There are a number of popular species but typically aquilaria malaccensis, aquilaria agallocha or aquilaria crassna are used to make the oil. Agarwood oil market is segmented on the basis of the end use which includes retail and industrial. The retail segment is further sub-segmented as distribution channel which includes online stores, hypermarkets/supermarkets, specialized drug stores, and convenience stores. The plantation of agarwood has been introduced and re-introduced in countries such as Sri Lanka, Malaysia, etc. which will catalyze the revenue created from the global agarwood essential oil market. Techniques have also been implemented to improve stimulation of agarwood production for enhanced quality of the oil produced which will favor the market growth and expansion.
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Return: 1.00%Break even: N/A
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Acetone

Acetone (propanone) is the organic compound with the formula (CH3)2CO. It is a colorless, volatile, flammable liquid, and is the simplest and smallest ketone. Acetone is miscible with water and serves as an important solvent in its own right, typically for cleaning purposes in laboratories. Acetone is a powerful solvent that is used primarily in industrial and laboratory settings, but is safe enough for household applications such as removing nail polish. Acetone is currently produced from petrochemicals as a co-product of phenol, however there is a rich history of high purity acetone being made from the fermentation of sugars derived from corn and other agricultural products. Acetone is a colorless, flammable liquid that evaporates easily. It is an organic compound because carbon atoms are present in acetone's chemical formula, which is (CH3)2O. It consists of three carbon atoms, six hydrogen atoms, and one oxygen atom. Acetone falls under the classification of ketones, which are organic compounds containing a carbonyl group bonded to two hydrocarbon groups. The long-term outlook on the demand for acetone market remains positive, with acetone market value expected to increase at a CAGR of 5.0% during the forecast period (2016 – 2026). Acetone, also known as dimethyl ketone, is a colourless, clear, and volatile liquid mainly used as a chemical intermediate in the manufacture of bisphenol-A (BPA), methyl methacrylate (MMA), and aldol chemicals. The global acetone industry is driven by the solvents sector, which represents 34% of global demand. Global solvent demand from acetone will continue to maintain a healthy growth rate through 2022. Methyl methacrylate (MMA) is the second-largest end use for acetone. The acetone market is expected to witness a CAGR of approximately 3.56% during the forecast period, 2018-2023. The market is driven by many factors, such as dynamic economic development in Asia-Pacific and a positive demand for MMA from the electronics industry. Acetone is a derivative of petroleum production and rising crude oil usage across the globe is anticipated to be an important driver for acetone market during the review period. Increasing pharmaceutical production and sales along with rising consumption of medicines is estimated to fuel the growth of the market. Furthermore, rapid urbanization coupled with increasing disposable income in emerging economies is predicted to propel the growth of the market during the assessment period, 2017 to 2023.
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Return: 1.00%Break even: N/A
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