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

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Bioplastic Film

Biodegradable plastics are the type of plastics that undergo decomposition over a period of time under composting conditions.A bioplastic is a plastic that is made partly or wholly from materials derived from biological sources, such as sugarcane, potato starch or the cellulose from trees and straw.Bioplastic film compounds are used for products like shopping bags, fruit and vegetable bags as well as for labels, agricultural applications and a lot more. The biopolymer films market is slated to cross USD 6 billion by 2024. In 2018, global demand for these polymers is 360,000 metric tons, but total consumption of biodegradable polymers is expected to increase to almost 550,000 metric tons by 2023. This facilitates the development of new technologies and ensures a high quality product.
Plant capacity: Bioplastic Film 25 Micron: 5000Kgs/DayPlant & machinery: Rs. 184 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 616 lakhs
Return: 28.00%Break even: 60.00%
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Bioplastic Carry Bags and Garbage Bags

BioPlastic shopping bags, carrier bags, or plastic grocery bags are a type of bioplastic bag used as shopping bags and made from various kinds of bioplastic.A bioplastic carrier bag also looks exactly like a traditional carrier bag. Additionally, the bioplastic carrier bag is just as strong and sturdy with the same capacity and tensile strength. The big difference is the environmentally friendly degradation of the waste and CO2 neutral impact of the biomass used.The bags offered by us are 100% compostable. The packaging applications are expected to experience significant growth with biodegradable mulch films, compostable waste bags, catering products, film packaging, and rigid packaging. The analysts forecast global bioplastics market to grow at a CAGR of 29.3% during the period 2016-2020.Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Arihant Industries Ltd. • Baroda Polyplast Ltd. • Jain Plastics & Chemicals Ltd. • Karwa Consolidated Mktg. Ltd. • Paradise Plastics Enterprise Ltd. • Shakun Polymers Ltd.
Plant capacity: Bioplastic Carry Bags (8"x16") Size: 3500 Kgs/Day Bioplastic Garbage Bags (950x810 mm) Size: 1500 Kgs/DayPlant & machinery: Rs. 62lakhs
Working capital: -T.C.I: Cost of Project: Rs 396 lakhs
Return: 30.00%Break even: 60.00%
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Gypsum Mining for Production of Plaster of Paris Powder

Gypsum is a soft sulfate mineral composed of calcium sulfate dihydrate, with the chemical formula CaSO4•2H2O. It is widely mined and is used as a fertilizer, and as the main constituent in many forms of plaster, blackboard chalk and wallboard.Gypsum is the most common sulfate mineral. Pure gypsum is white, but other substances found as impurities may give a wide range of colors to local deposits. Gypsum is an important raw material used in the manufacture of cement. Consumption of gypsum varies from 2 to 6% in different plants depending upon the quality of clinker. India has good reserves of natural gypsum, mainly in Rajasthan, Gujarat and Tamil Nadu.The Indian market for Gypsum is expected to reach about 333.64 million m2 by 2021 from 221.75 million m2 in 2016. Which facilitates the development of new technologies and ensure a high quality product. COST ESTIMATION CAPACITY Gypsum Powder : 4800 MT/Day Plaster of Paris Powder : 7200 MT/Day Plant & Machinery : Rs3387Crores Cost of Project : Rs3948Crores Rate of Return : 16% Break Even Point : 50%
Plant capacity: Gypsum Powder: 4800 MT/Day Plaster of Paris Powder: 7200 MT/DayPlant & machinery: Rs. 3387 Crores
Working capital: -T.C.I: Cost of Project: Rs.3948 Crores
Return: 16.00%Break even: 50.00%
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Matchbox Manufacturing Business

Matchbox Manufacturing Business. Start a Match Box, Matchstick Factory. Safety Matches Production Matchsticks are a very handy tool used in starting a fire. They are used in the kitchen to light ovens, kerosene stoves and cookers. Other application involves starting a fireplace, industrial burners, camp fire or to light candles. Matchsticks are made from plastic material, wood or cardboard strips. Matchsticks are used to start fire under controlled conditions. They are used in many homes for starting fire for cooking. They are also used industrially for starting fire when heat energy is needed and for burning waste materials. Matches are sold in quantity. There’s the wooden type, which are packaged in boxes. And there are paper matches, which are clustered in rows stapled into matchbooks. Because matches are used in almost every home and in almost every industrial establishment, the demand for matches is always high. This means there is huge profit potential in the matchstick production business. Market Outlook India makes four crore matchboxes per day and these are the cheapest in the world. Every third matchbox used in the world is Indian. The industry produces 90 million bundles a year; each bundle has 600 matchboxes and each box has between 40 and 50 sticks. Wooden match production in India is split into three sectoral categories: the mechanized large-scale sector; the handmade small-scale sector; and the cottage sector. 82% of total match production is in the handmade small-scale (67%) and cottage (15%) sectors, where technology has remained relatively simple. These two non-mechanized sectors of the match industry are distinguished primarily by output size. Officially, the cottage industry in match making is defined as any manual production unit producing less than 75,000 cases of match boxes per year. As matchsticks are consumer durable product it demands branding activity to get the market share. Matchsticks are sold in volume. The success of this business depends on the strong channel network. Billions of matchboxes are used all over the world in a day for different purposes like to light the cooking gas, fireplace, incense sticks or cigarette etc. This gives a huge demand for the matchstick manufacturing business. The production of wooden matchsticks is a great option to select. There is a huge demand for matchsticks and billions of matchboxes are used on daily basis. The matchsticks come to great purpose as it creates fire and fire has a great need in daily life like to cook, light candles, cigarettes and others. Any individual can initiate the matchstick manufacturing business on a small scale with maintaining safety measures strictly. Matchsticks are consumer durable product and the demand is growing day-by-day. An entrepreneur having knowledge in channel distribution can start matchstick manufacturing business with moderate capital investment. FMCG Market in India FMCG product touches every aspects of human life. These products are frequently consumed by all sections of the society and a considerable portion of their income is spent on these goods. Apart from this, the sector is one of the important contributors of the Indian economy. This sector has shown an extraordinary growth over past few years, in fact it has registered growth during recession period also. The future for FMCG sector is very promising due to its inherent capacity and favorable changes in the environment. Fast-moving consumer goods (FMCG) sector is the 4th largest sector in the Indian economy with Household and Personal Care accounting for 50 per cent of FMCG sales in India. Growing awareness, easier access and changing lifestyles have been the key growth drivers for the sector. The urban segment (accounts for a revenue share of around 55 per cent) is the largest contributor to the overall revenue generated by the FMCG sector in India However, in the last few years, the FMCG market has grown at a faster pace in rural India compared with urban India. Semi-urban and rural segments are growing at a rapid pace and FMCG products account for 50 per cent of total rural spending. The FMCG sector has grown from US$ 31.6 billion in 2011 to US$ 52.75 billion in 2017-18. The sector is further expected to grow at a Compound Annual Growth Rate (CAGR) of 27.86 per cent to reach US$ 103.7 billion by 2020. Growing awareness, easier access, and changing lifestyles have been the key growth drivers for the sector. The phenomenal growth of the FMCG industry especially in the tier II and tire III cities in India is mostly due to the improvement in the standard of living of the people of such cities and the rise in the level of disposable income Both the organized and the unorganized sectors are largely responsible for the success of the Indian FMCG industry. The Indian FMCG market also has a well-defined and established distribution network that makes products available even in the most urban areas of the country. Tags #Match_Box_Making_Plant, #Matchbox_Making_Business, #Match_Box_Production, #Manufacturing_of_Match_Box, #Production_and_Manufacturing_of_Match_Box, #Safety_Matches_Manufacturing_Process, How Matches are Made? What are Matches Made of? Match Box Manufacturing Plant, Match Box Manufacturing Plant Cost, How to Start a Match Box Factory, Matchbox Industry, Match Industry in India, Safety Matches Production Business, Safety Matches Production, Safety Match Making Business, Profile on Production of Matchbox, Small Manufacturing Business, Project Report on Match Box Industry, Small Matchbox Unit, Wooden Match Manufacturing Process, Match Box Production Plant, Cost of Making a Matchbox, Project Report on Match Box Manufacturing Industry, Detailed Project Report on Match Box Manufacturing, Match Box (Automatic Plant), #Project_Report_on_Match_Box_Production, #Pre_Investment_Feasibility_Study_on_Safety_Matches_Production, #Techno_Economic_feasibility_study_on_Safety_Matches_Production, Feasibility report on Match Box Production, #Free_Project_Profile_on_Match_Box_Production, Project profile on Match Box Production, Download free project profile on Safety Matches Production, Starting a Match Stick Production, Match Box Making Project Report, Match Making Factory, Matches Box Manufacture, I want to start a match box factory, I want to start a manufacturing or packing business, matchstick manufacturing business, Safety Matches Manufacture, Matchstick Manufacturing, Starting a Match Stick Production, Matchstick Production, Profile on the Production of Match stick, Matchstick Production business, Matchstick Factory, Matchstick Manufacturing Business, How to Start a Match Stick Manufacturing Business, Matchsticks Manufacture
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Naphthalene from Coal Tar & Petroleum Waste

Naphthalene is an organic compound with formula C10H8. It is the simplest polycyclic aromatic hydrocarbon, and is a white crystalline solid with a characteristic odor that is detectable at concentrations as low as 0.08 ppm by mass. As an aromatic hydrocarbon, naphthalene's structure consists of a fused pair of benzene rings. It is best known as the main ingredient of traditional mothballs. Naphthalene is the most abundant single constituent of coal tar, a volatile product from the destructive distillation of coal, and is also formed in modern processes for the high-temperature cracking (breaking up of large molecules) of petroleum. It is commercially produced by crystallization from the intermediate fraction of condensed coal tar and from the heavier fraction of cracked petroleum. The substance crystallizes in lustrous white plates, melting at 80.1°C (176.2°F) and boiling at 218°C (424°F). It is almost insoluble in water. Naphthalene is highly volatile and has a characteristic odour; it has been used as moth repellent. Naphthalene is a class of an organic compound with chemical formula C10H8. It is considered as the simplest polycyclic aromatic hydrocarbon, and is a white solid chemical that sublimes easily. Naphthalene is manufactured commercially from either coal tar or petroleum; majorly it is produced from coal tar across the globe. Naphthalene is used in the manufacturing of phthalic anhydride and also used in mothballs. Additionally, it is used as surfactant & wetting agent, plasticizer, and pesticide in numerous end use industries such as building & construction, agriculture, household cleaning, textile and others. The global naphthalene market is categorized into five regions, Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. The Asia Pacific region is predicted to grow with the fastest CAGR during the review period, (2016 to 2023) on account of expansion of numerous end use industries such as building & construction and agriculture among others.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Phosphoric Acid from Rock Phosphate (By Using 25% Venyl Sulphon Content Sulphuric Acid and Hydrochloric Acid)

Phosphoric acid (also known as orthophosphoric acid or phosphoric (V) acid) is a weak acid with the chemical formula H3PO4. Orthophosphoric acid refers to phosphoric acid, which is the IUPAC name for this compound. The prefix ortho- is used to distinguish the acid from related phosphoric acids, called polyphosphoric acids. Orthophosphoric acid is a non-toxic acid, which, when pure, is a solid at room temperature and pressure. The demand for phosphoric acid is primarily driven by the increasing demand for the production of phosphate fertilizers, which is closely related to the growing population worldwide. The global phosphoric acid market was valued at US$ 13,399.62 Mn in 2017 and is anticipated to register a stable CAGR of 3.0% from 2018 to 2026. The global phosphoric acid market is driven by rise in the demand for phosphate fertilizers. Phosphoric acid and its phosphate by-products can be used for sequestration of metal ions along with precipitation, pH control, nutrient source, scale inhibition, water fluoridation, lead precipitation agent, corrosion inhibitor, acidity regulator, synergy with surfactants, alkalizing capacity, dispersing agent, buffer agent, and softening and complexion agent. Phosphoric acid can be classified according to its use in metal treatment industry and detergents industry. India phosphoric acid market was dominated by fertilizer grade in 2015, and the segment is forecast to continue its dominance in the coming years, on account of large quantities of phosphoric acid required for production of phosphate fertilizers. West India accounted for the largest share in the country’s phosphoric acid market in 2015, and the region is expected to remain the largest consumer through 2021, predominantly owing to presence of major fertilizer manufacturing industries in Gujarat and Maharashtra.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Metallurgical Coke Plant for Coking Coal

Metallurgical coal is a special type of coal used to make metallurgical coke. There are two types of metallurgical coal used to make coke: hard coking coal and semisoft coking coal. According to Grande Cache Coal, these types of coal are ideal for coke because they melt, swell and re-solidify when placed into a superheated furnace. These types of coal also have have low levels of impurities. Metallurgical coke is made from low ash, low sulfur bituminous coal, with special coking properties, which is inserted into ovens and heated to 1000F to fuse fixed carbon and inherent ash and drive off most of the volatile matter. Metallurgical coal is distinguished by the strong low-density coke produced when the coal is heated in a low-oxygen environment to reduce mineral impurities (e.g. less sulfur, phosphorus). On heating, the coal softens, and volatile components evaporate and escape through pores in the mass. On cooling, the resultant coke has swollen, becoming a larger volume. The coking ability of coal is somewhat correlated with its physical properties such as its rank, but laboratory testing is required to completely evaluate the coking ability of the coal. There has been rising demand for metallurgical coke from the iron, steel and power generation industries. Metallurgical coke is formed by destructive distillation of a special blend of bituminous coal in the absence of air or oxygen. In order to produce metallurgical coke, the coal is heated into ovens at specific temperature to produce low sulphur, low phosphorus coke. Coke is made by destructive distillation of a blend of selected Bituminous coals (called Coking coal or Metallurgical coal) in special high temperature ovens in the absence of oxygen until a greater part of the volatile matter is driven off. The global metallurgical coke market is anticipated to be dominated by Asia Pacific region with China leading the market both in terms of production and consumption. India is also anticipated to witness sound growth in demand for metallurgical coke owing to the rapid growth in the iron and steel industry in the country.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Lithium Ion Battery (Battery Assembly)

Lithium batteries are now powering a wide range of electrical and electronical devices, including laptop computers, mobile phones, power tools, telecommunication systems and new generations of electric cars and vehicles. Lithium ion batteries are those that can be recharged. As an example, laptop or cell phone is likely to have a lithium ion battery. The India lithium-ion battery market is expected to grow at a robust CAGR of 29.26% during the forecast period, 2018-2023. The Indian automobile sector is one of the most prominent sectors of the country, accounting for nearly 7.1% of the national GDP. The India lithium-ion battery market is expected to grow at a robust CAGR of 29.26% during the forecast period, 2018-2023. This facilitates the development of new technologies and ensures a high quality product.
Plant capacity: 90 Volt, 180 AH Lithium Ion Battery Pack: 56 Nos/dayPlant & machinery: Rs 90 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1076 lakhs
Return: 34.00%Break even: 55.00%
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Bicycle Tyre & Tubes Production from Natural Rubber

Bicycle Tyre & Tubes Production from Natural Rubber. How to Start a Tire and Tubes Manufacturing Business Tyres are one of the most important components of a bicycle build. Bicycle tires perform an important function of eliminating the shock transferred through the front and rear wheels as they travel on uneven and rough surfaces; effectively gaining traction on the road so that the bicycle can travel properly and doesn’t slip. It is also used for hand cycles and specially designed wheelchairs for racing purposes. The complete tire system provides ideal suspension, produces the longitudinal force essential for propulsion and braking, and creates the lateral force required for turning and balancing. A bicycle tire is a tire that fits on the wheel of a bicycle, unicycle, tricycle, quadracycle, bicycle trailer, or trailer bike. They may also be used on wheelchairs and handcycles, especially for racing. Bicycle tires provide an important source of suspension, generate the lateral forces necessary for balancing and turning, and generate the longitudinal forces necessary for propulsion and braking. They are the second largest source, after air drag, of power consumption on a level road. The modern detachable pneumatic bicycle tire contributed to the popularity and eventual dominance of the safety bicycle. There are various grips offered in the market, which enhance traction between the wheels and the road and increase performance at high speeds and on uneven and rough terrains. The recent removable pneumatic bicycle tire contributed to the acceptance and enhanced safety operation of bicycle. Over the years, with bicycles becoming more advanced and efficient, advanced bicycle tires have been developed to improve riding performance and capability. Over the several years manufacturers were keen on reducing the bicycle’s body weight and enhancing strength, so it may travel at a desirable speeds. Tube Bicycle tubes are the backbone of the bicycle industries. Few numbers of companies in organized sector are engaged in the quality grade cycles tyres and tubes and few unorganized sector also engaged to manufacturing bicycle tyre and tubes. An inner tube is basically a doughnut-shaped balloon, with a valve for inflation. The only requirement for an inner tube is that it should not leak. Being rubber, they have no rigid structure. If an inner tube is inflated outside of a tyre, it will expand to 2 or 3 times its nominal size, if it doesn't explode first. Without being surrounded by a tyre, an inner tube can't withstand any significant air pressure. Market Outlook The bicycle tires market possesses a lot of potential for growth in the research and development division. Also, the market for bicycle tires has increased due to development in the overall bicycle market, as consumers are more attracted towards safety and riding comfort. In a bicycle, tires are the most important component and the replacement rate of the tires is high, owing to the high rate of friction between the tire and road. The aftermarket for replacement and services is projected to remain healthy over the forecast period as consumers will try to keep their bikes up to the mark. Moreover, in developed nations, the ability to ride at faster speeds with comfort is estimated to drive growth of the bicycle tires market in the near future. Furthermore, growth in racing and adventure sports, such as dirt biking and off-road riding will fuel growth of the overall bicycle tires market in the coming future. Events, such as the Tour de France, Olympics and other bicycle professional races will propel growth in the bicycle tires market and force manufacturers to come up with new product and goods, which are more capable for ideal riding. The emergence of eco-friendly bicycle tires is one of the major trends being witnessed in the global bicycle tires market 2019-2023. The products used in manufacturing rubber compounds are polluting the environment. The increasing air pollution is pushing manufacturers to reduce the emission from the manufacturing process. Thus, such environmental concerns have paved the way for innovation in terms of eco-friendly tires that are manufactured using pure rubber compounds and low-aromatic oils. Low-aromatic oils have low levels of harmful compounds, which makes them highly durable and non-carcinogenic. The bicycle tires market has been majorly driven by increasing users of bicycles in the recent years. Various factors such as environmental concerns, health and fitness, among others have compelled pedestrians to make use of bicycles for their regular commute. Thereby, the market has witnessed an increasing demand for new bicycles for various applications such as regular on-road use, off-road biking and sports. As a result, the bicycle tire market has been witnessing an increased demand for various types of on-road and off-road tires. Moreover, with ongoing product innovation in the tubeless and airless tires segments, the market is expected to witness significant growth during the forecast period. The Growing popularity of premium bicycles around the world is attributable to the increasing acceptance of premium bicycle that provide better riding and safety features. These bicycles are built using advanced technologies and modern designs by incorporating high- end materials to offer comfort and durability. The major reason for the growth of premium bicycle is increasing average disposable income and increasing dual household income. The increasing demand for premium bicycles is increasing the demand for the high- quality components and uniqueness in the bicycle tire. Such factors increase the revenue of the bicycle tire manufactures. Therefore, the growing demand for premium bicycles is expected to drive the demand for the market. Indian Tyre Industry The Indian Tyre industry is expected to show a healthy growth rate of 9-10% over the next five years. The domestic tyre industry is expected to post volumes growth of 7-8 per cent to 1,805 lakh tyres during FY2018. Indian tyre industry has been reporting good growth figures over the past few years, spurred by the growing passenger vehicle and two-wheeler market. It has emerged as one of the most competitive markets in the world and with the emergence of new technology, ultra-modern production facilities and availability of raw materials, the sector is poised to grow further. Tyre Inner Tubes Tyre inner tubes are the internal components of the primary tyre which are designed to sustain air pressure. Majority of the tyres which are used in motorcycles, bicycle and large vehicles such as tractors, heavy trucks, cars, and buses are designed for their application with inner tubes. These are made from impermeable materials such as synthetic, elastic, soft rubber for the purpose of avoiding air leakge and are torus shaped in nature. In addition, inner tubes which are larger in size possess the ability to be re used for other applications such as rafting and swimming. These tubes are large inflatable toruses which are manufactured for these applications while also offering a choice of decks, handles, fabric covering, colors and other various accessories, eliminating the protruding valve stem. The global inner tube industry is dependent on raw materials such as rubber suppliers as well as the buyers which mainly include automotive manufacturers. More than half of the global rubber production goes into the manufacturing of automotive tyres. In addition, the inner tube and tyre industry serve as the largest application segment in the overall rubber industry. Tags #Bicycle_Tires, #How_are_Bicycle_Tires_made, #Tyre_Manufacturing_Process_Pdf, #Tyre_Manufacturing_Process_PPT, #Bicycle_Tires_Production, Tyre Manufacturing Process Flow Chart, #Bicycle_Tyres_&_Tubes_from_Natural_Rubber, How are Bicycle Tyres Made, Tyre Manufacturing, Tyres Manufacturing Plant, Bicycle Tube Production, Bicycle Natural Rubber Tube, Profile on Production of Inner Tubes and Tires, Inner Tube Manufacturing Process Pdf, Rubber Tube Manufacturing Process, Bicycle Tyre & Tubes Production, Cycle Tubes Manufacture, Natural Rubber Tube Manufacture, Manufacturing of Tyres and Tubes, How to Start a Bicycle Tyres Manufacturing Business, Bicycle Tyres Manufacturing Plant, Bicycle or Cycle Tyre and Tube Manufacturing Industry, #Project_Report_on_Bicycle_Tyre_&_Tubes_Production_Industry, Detailed Project Report on Bicycle Tyre & Tubes Production, Project Report on Bicycle Tires, #Pre_Investment_Feasibility_Study_on_Rubber_Tube_Manufacturing, Techno-Economic feasibility study on Bicycle Tyre & Tubes Production, #Feasibility_report_on_Bicycle_Tyre_&_Tubes_Production, #Free_Project_Profile_on_Bicycle_Tires, Project profile on Bicycle Tyre & Tubes Production, Download free project profile on Bicycle Tires, Production of Bicycle Tyre & Tubes
Plant capacity: -Plant & machinery: -
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Return: 1.00%Break even: N/A
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Biomedical Waste Recycling Industry

Biomedical Waste Recycling Industry. Start a Medical or Hospital Waste Management Business Biomedical waste (BMW) is any waste produced during the diagnosis, treatment, or immunization of human or animal research activities pertaining thereto or in the production or testing of biological or in health camps. It follows the cradle to grave approach which is characterization, quantification, segregation, storage, transport, and treatment of BMW. Biomedical waste is classified as a biohazard because of the disease that it might contain. Medical waste contains materials that have been contaminated by body fluids and may contain viruses, bacteria and even harmful drugs such as chemotherapy and radiation drugs. The importance of biomedical waste management should be high on any medical facility’s training and safety procedures. Bio Medical waste consists of • Human anatomical waste like tissues, organs and body parts • Animal wastes generated during research from veterinary hospitals • Microbiology and biotechnology wastes • Waste sharps like hypodermic needles, syringes, scalpels and broken glass • Discarded medicines and cytotoxic drugs • Soiled waste such as dressing, bandages, plaster casts, material contaminated with blood, tubes and catheters • Liquid waste from any of the infected areas • Incineration ash and other chemical wastes Biomedical waste can be disposed of through incineration or decontamination by heating with steam under pressure in an autoclave. Trash chutes must not be used for the transfer or disposal of biomedical waste. Classification of Biomedical Waste Approximately 75-90% of the biomedical waste is non-hazardous and as harmless as any other municipal waste. The remaining 10-25% is hazardous and can be injurious to humans or animals and deleterious to environment. It is important to realize that if both these types are mixed together then the whole waste becomes harmful. • Non Hazardous Waste This constitutes about 85% of the waste generated in most healthcare set-ups. This includes waste comprising of food remnants, fruit peels, wash water, paper cartons, packaging material etc. • Hazardous Waste Biohazard: Biological hazards, also known as biohazards, refer to biological substances that pose a threat to the health of living organisms, primarily that of humans. This can include medical waste or samples of a microorganism, virus or toxin (from a biological source) that can impact human health. It can also include substances harmful to animals. The term and its associated symbol is generally used as a warning, so that those potentially exposed to the substances will know to take precautions. Market Outlook India is likely to generate about 775.5 tonnes of medical waste per day by 2022 from the current level of 550.9 tonnes daily. Bio-medical waste in India is projected to grow at a rate higher than the overall healthcare services market driven by the expansion of the increasing awareness, improving efficiencies in the system, medical tourism, number of clinics, hospitals, rising of the ageing population and new BMW guidelines. Medical waste is the waste generated from hospitals, clinics, dental hospitals, veterinary hospitals, blood banks, and medical research institutes, laboratories. The waste may be generated during various treatments and surgeries, it may be generated during test, production or any biological research. Medical waste does not confine to used syringes and other surgical instruments but all the processes, testing and production of various biological operations. Global Medical Waste Management Market is estimated to reach $26.9 Billion by 2025; growing at a CAGR of 5.6% from 2017 to 2025. Medical waste management states to the suitable processing of waste materials produced by the healthcare institutions. These waste materials are generated at, hospitals, research institutions, health care teaching institutes, clinics, laboratories, blood banks, animal houses and veterinary institutes. Health-care waste comprises all the wastes produced by medical activities. It holds activities of diagnosis, curative and palliative, preventive treatments in the field of veterinary medicine and human. In addition, it includes the same types of waste originating from minor and scattered sources, including waste produced in the course of health care undertaken in the home (e.g. home dialysis, self-administration of insulin, recuperative care). The development of innovative manufacturing techniques for drugs and medical devices in the pharmaceuticals industry is growing rapidly. Furthermore, the growth of market is also reflected by the efficient supply of inventories required in day-to-day functioning of hospitals, clinics, and diagnostic centers. This results in generation of more waste. These by products and residues need a proper system or service for collection, transportation, disposal, and recycling of specific materials or byproducts, if required. Given the growing amount of all types of medical wastes, globally, and increasing regulatory pressure to properly dispose these wastes in a non-hazardous way, the global medical waste management market is expected to grow at a steady pace in the coming years. Medical waste refers to the waste originated within medical amenities, such as hospitals, clinics, veterinary hospitals/clinics, dental practices, physician's offices, laboratories, pharmaceutical industry, and blood banks. There are several types of medical wastes including hazardous (such as infectious, radioactive, or toxic), universal, bio hazardous (such as, red bag medical waste and sharps containers), and solid. The process of medical waste management includes transportation, treatment or destruction, disposal, and documentation of waste generated from the facility. Growing volume of medical waste, increasing focus on the management of medical waste, and stringent regulatory framework to manage these wastes safely and in an ecofriendly way are some of the factors driving the medical waste management industry. There are numerous factors driving, restraining and generating opportunities for the world medical waste management market. Rising concerns over employing eco-friendly and safe waste management and treatment process is likely to drive the market in years to come. In addition, the growing healthcare industry would generate more medical waste thereby, generating opportunity for the market. However, lack of awareness about the health hazards associated with medical waste, lack of training for proper disposal coupled with inadequate funds have hindered market growth of world medical waste management. The market is segmented in terms of disposal or treatment site, type of waste, service, treatment and geography. The treatment site for medical waste disposal can either be offsite or onsite. On the other hand, waste materials are classified as hazardous and non-hazardous waste. The market is also bifurcated in terms of waste treatment services which include collection storage, recycling & transportation, recycling and disposal of the waste. These waste could be treated by chemical treatment, incineration & autoclaving and others. On the basis of geography, the report segments the world medical waste management market into North America, Europe, Asia Pacific and LAMEA. Growing geriatric population requiring health care products and services, increasing incidence and prevalence of infectious and lifestyle diseases, expanding health care infrastructure, changing lifestyles, enforcement of various regulations for the management of biomedical waste, and increasing awareness about safety and security against the hazards caused by biomedical wastes are some factors driving the global biomedical waste management market. However, high cost of services provided by biomedical waste management players, lack of education to workers handling the waste and health care workers about importance of biomedical waste treatment and disposal are factors restraining the market. Some of the major players operating in global medical waste management industry include, BioMedical Waste Solutions LLC, Clean Harbors Inc., Daniels Sharpsmart Inc., Hawaii Bio-Waste Systems Inc. (HBW), Healthcare Environmental Services Group, Medclean Technologies Inc., Medasend Biomedical Inc., Miller Group, Republic Services Inc., REMONDIS SE & Co. KG, Suez Environnement S.A., Sharps Compliance Inc., Waste Management Inc., Stericycle Inc., and Gamma Waste Systems. Tags #Biomedical_Waste, #Medical_Waste_Disposal, #Biomedical_Waste_Management_in_India, #Biomedical_Waste_Disposal, #Bio_Medical_Waste_Management_Pdf, Bio Medical Waste Management PPT, Medical Waste Recycling, Solid Medical Waste and Recycling, Biomedical Waste Management, Industrial Waste, Hospital Waste Management, #Biomedical_Waste_and_Collection, Medical Waste Treatment, Medical & Biomedical Waste Disposal, Bio-Medical Waste Management, Biomedical Waste Treatment and Disposal, Biomedical Waste and Solid Waste Management, Hazardous and Biomedical Waste Management, Disposal of Medical Waste, Biomedical Waste Recycling, Hospital Bio-Waste Management, Hazardous Waste Management, How to Dispose of or Recycle Bio-Medical Waste, Project Report on Biomedical Waste Management Industry, #Detailed_Project_Report_on_Biomedical_Waste_Management, Project Report on Biomedical Waste Management, #Pre_Investment_Feasibility_Study_on_Biomedical_Waste_Management, Techno-Economic feasibility study on Biomedical Waste Management, #Feasibility_report_on_Biomedical_Waste_Management, Free Project Profile on Biomedical Waste Management, Project profile on Biomedical Waste Management, #Download_free_project_profile_on_Biomedical_Waste_Management, How to Start a Medical Waste Business, Starting a Medical Waste Disposal, Starting Your Own Medical Waste Disposal, How to Start a Waste Management Business, Medical Waste Disposal Cost, How to Start a Hazardous Waste Disposal Business, How to Start a Waste Disposal Business, How to Start Waste Management Business in India, Waste Management Business Plan, Commercial Medical Waste Disposal, How to Start a Biomedical Recycling Business, Managing and Disposing of Medical Waste, Medical Waste Recycling, Biomedical Waste Recycling Business
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Return: 1.00%Break even: N/A
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