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

Automotive Industry: Project Opportunities in Tamil Nadu

 

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:

Tamil Nadu is being popularly hailed as “Detroit” of India as it has a large Automobile and Ancillary sector. Automobile industry plays a crucial role in the State economy and has been one of the key driving factors, contributing 8% to State GDP and giving direct employment to 2,20,000 people. More than100 companies in the Automotive and Auto Ancillary industry are located in this state, maintaining highest production norms by implementing internationally recognized quality standards. Chennai has emerged as India's largest automobile and auto components exporter in India. Hyundai has made Chennai the manufacturing and export hub for its small cars. Tamil Nadu has the largest auto components industry base. Currently, Tamil Nadu accounts for above 32% of India's production capacity. Automobile manufacturers operate "Just - in-Time" avoiding inventory costs. The state has a well-developed automotive and auto component industry. It is the hub of Indian automobiles industry. Several automobile and automobile ancillary units are located in Tamil Nadu. It has manufacturing facilities across the automotive spectrum from tractors to battle tanks. Global auto majors like, Hindustan Motors and Mitsubishi have commenced production plants. Ashok Leyland and TAFE have set up expansion plants in Chennai. Fortune 500 companies such as Hyundai and Ford have established manufacturing facilities in 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.

 

Textile: Project Opportunities in Tamil Nadu

 

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:

Tamil Nadu has traditional strengths in the textile sector. In the post-quota abolition regime, the Textile Industry has tremendous opportunities for growth as well as challenges to be met. Availability of cotton at fair prices and at right quality, the backlog in modernization, supply of inputs particularly credit and power at reasonable rates etc. are all essential for the textile industry to be competitive in an increasingly uncertain trading environment. The Handlooms, Power looms, Hi-Tech Weaving Parks, Garments & Hosiery, Processing Apparel Park are important components of the textile industry.

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.

 

Leather: Project Opportunities in Tamil Nadu

 

PROFILE:

Leather Industry occupies a place of prominence in the Indian economy in view of its massive potential for employment, growth and exports. There has been increasing emphasis on its planned development, aimed at optimum utilisation of available raw materials for maximising the returns, particularly from exports.  The leather and leather products industry is one of India’s oldest manufacturing industries that catered to the international market right from the middle of the nineteenth century. The leather industry employs about 2.5 million people and has annual turnover of Rs. 25,000 crores. India is the third largest leather producer in the world after China and Italy

RESOURCES:

Leather industry in Tamil Nadu is considered to be very ancient and some say it is of more than two centuries old. The state accounts for 70 per cent of leather tanning capacity in India and 38 per cent of leather footwear and components. The exports from Tamil Nadu are valued at about US $ 762 million, which accounts for 42 per cent of Indian leather exports. Hundreds of leather and tannery industries are located around Vellore, Dindigul and Erode its nearby towns such as Ranipet, Ambur, Perundurai, Nilakottai and Vaniyambadi. The Vellore district is the top exporter of finished leather goods in the country. That leather accounts for more than 37% of the country's Export of Leather and Leather related products such as finished leathers, shoes, garments, gloves and so on. The tanning industry in India has a total installed capacity of 225 million pieces of hide and skins of which Tamil Nadu alone contributes to an inspiring 70%. Leather industry occupies a pride of place in the industrial map of Tamil Nadu. Tamil Nadu enjoys a leading position with 40% share in India's export.

GOVERNMENT POLICIES:

Government policies in support of the industry:

• The entire leather sector is now de-licensed and de-reserved, paving way for expansion on modern lines with state-of-the art machinery and equipment

• 100% Foreign Direct Investment and Joint Ventures permitted through the automatic route

• 100% repatriation of profit and dividends, if investments made in convertible foreign currency. Only declaration to this effect to the Reserve Bank is required.

• Promotion of industrial parks (one leather park in Andhra Pradesh, one leather goods park in West Bengal, one footwear park in Tamil Nadu and one footwear components park in Chennai).

• Funding support for modernizing manufacturing facilities 

• Funding support for establishing design studios

• Duty free import of raw materials (namely raw skins, hides, semi finished leather and finished leather) and of embellishments and components under specific scheme

• Concessional duty on import of specified machinery for use in leather sector

• Duty neutralization / remission scheme

Food Processing: Project Opportunities in Tamil Nadu

 

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:

Tamil Nadu has historically been an agricultural state and is a leading producer of agricultural products in India. In 2008, Tamil Nadu was India's fifth biggest producer of Rice. The total cultivated area in the State was 5.60 million hectares in 2009-10. The state is the largest producer of bananas, flowers, tapioca, the second largest producer of mango, natural rubber, coconut, groundnut and the third largest producer of coffee, sapota, Tea and Sugarcane. Tamil Nadu's sugarcane yield per hectare is the highest in India. Among states in India, Tamil Nadu is one of the leaders in livestock, poultry and fisheries production. Tamil Nadu had the second largest number of poultry amongst all the states and accounted for 17.7% of the total poultry population in India. With the third longest coastline in India, Tamil Nadu represented 27.54% of the total value of fish and fishery products exported by India in 2006.

GOVERNMENT POLICIES:

Tamil Nadu government has come out with following policies :

·         Raise in processed foods in the market from 1% to 10%.

·         Raise value addition levels from 7% to 30 %

·         Food processing industry is one of the growing areas identified for exports. Free Trade Zones (FTZ) and Export Processing Zones (EPZ) have been set up with all infrastructures. Also, setting up of 100% Export oriented units (EOU) is encouraged in other areas. They may import free of duty all types of goods, including capital foods.

·         Capital goods, including spares up to 20% of the CIF value of the Capital goods may be imported at a concessional rate of Customs duty subject to certain export obligations under the EPCG scheme, Export Promotion Capital Goods. Export linked duty free imports are also allowed.

·         Units in EPZ/FTZ and 100% Export oriented units can retain 50% of foreign exchange receipts in foreign currency accounts.

·         50% of the production of EPZ/FTZ and 100% EOU units is saleable in domestic tariff area.

Paper industry: Project Opportunities in Tamil Nadu

 

PROFILE:

Paper Industry in India is riding on a strong demand and on an expanding mood to meet the projected demand of 8 million tons by 2010 & 13 million tons by 2020. The Indian Paper Industry is a booming industry and is expected to grow in the years to come. The usage of paper cannot be ignored and this awareness is bound to bring about changes in the paper industry for the better. It is a well known fact that the use of plastic is being objected to these days. The reason being, there are few plastics which do not possess the property of being degradable, as such, use of plastic is being discouraged. Excessive use of non degradable plastics upsets the ecological equilibrium. The Paper industry is a priority sector for foreign collaboration and foreign equity participation upto 100% receives automatic approval by Reserve Bank of India. Several fiscal incentives have also been provided to the paper industry, particularly to those mills which are based on non-conventional raw material.

RESOURCES:

Tamil Nadu continues to be one of the forerunners in the production of paper and paper products. There are 74 paper mills in operation in Tamil Nadu. The total paper production was 3.7 lakh tonnes in 2005 06 which accounts for 17.30% share of the national production, next only to Andhra Pradesh.  As the country’s forest cover is much below the desired level, the Government of Tamil Nadu established TNPL in 1979 to manufacture newsprint and paper using bagasse (sugarcane waste) as the primary raw material. This is the largest paper mill in India with an installed capacity of 230,000 TPA. Tamil Nadu Newsprint and Papers Limited (TNPL) was established by the Government of Tamil Nadu to produce newsprint and writing paper using bagasse, a sugarcane residue.

GOVERNMENT POLICIES:

Several policy measures have been initiated in recent years to remove the bottlenecks of availability of raw materials and infrastructure development. To bridge the gap of short supply of raw materials, duty on pulp and waste paper and wood logs/chips have been reduced. In the year 1979, Government of Tamil Nadu established Tamil Nadu Newsprint and Papers Limited as a public limited company under the Companies Act, 1956. Commencing production in 1984, with the support of Government of Tamil Nadu, the company has made rapid strides and has emerged as the largest paper mill in India at a single location. With the on-going expansion plan to increase paper production capacity from the present 2.45 lakh tons to 4 lakh tons per annum, TNPL is poised to become a Rs.2000 crores company by 2011-12.

Cement Industry: Project Opportunities in Tamil Nadu

 

PROFILE:

India is the second largest producer of quality cement in the world. The cement industry in India comprises 139 large cement plants and over 365 mini cement plants. Industry's capacity at beginning of the year 2008-09 was 198.30 million tonne (MT) which increased to 219 MT at the close of the year. The initiatives provided by the Government of India to various infrastructure projects, road network and housing activities will provide required stimulus towards the growth of cement industry in India. Domestic demand for cement has been increasing at a fast pace in India & it has surpassed the economic growth of the country.

RESOURCES:

Tamil Nadu is a leading producer of cement in India. It has 13 major cement factories.  It is a home for leading brands in the country such as Chettinad Cements (Karur), Dalmia Cements (Ariyalur), Ramco Cements (Madras Cement Ltd.), India Cements (Sankakari, Ariyalur), Grasim etc. The production of cement in the State increased from 126 lakh tonnes in 2004-05 to 142.89 lakh tonnes in 2005-06 with a growth rate of 13.4% accounting for 10.08 % of cement production at the national level, occupying the 5th place.  However, it may be noted that, the cement production in the private sector has been showing an increasing trend whereas production in the public sector has decreased to 7.85 lakh tonnes from 8.06 lakh tonnes in the public sector for the corresponding period.

GOVERNMENT POLICIES:

Government policies have affected the growth of cement plants in India in various stages. The control on cement for a long time and then partial decontrol and then total decontrol has contributed to the gradual opening up of the market for cement producers. The prices that primarily control the price of cement are coal, power tariffs, railway, freight, royalty and cess on limestone. Interestingly, all of these prices are controlled by government. Cement industry consumes about 5.5bn units of electricity annually while one ton of cement approximately requires 120-130 units of electricity. Power tariffs vary according to the location of the plant and on the production process. The state governments supply this input and hence plants in different states shall have different power tariffs. Another major hindrance to the industry is severe power cuts.

 

Waste management: Project Opportunities in Andhra Pradesh

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:

Municipal Solid Waste (MSW) generation in Chennai, the fourth largest metropolitan city in India, has increased from 600 to 3500 tons per day (tpd) within 20 years. The highest per capita solid waste generation rate in India is in Chennai (0.6 kg/d). Chennai is divided into 10 zones of 155 wards and collection of garbage is carried out using door-to-door collection and street bin systems. The collected wastes are disposed at open dump sites located at a distance of 15 km from the city.  Recent investigations on reclamation and hazard potential of the sites indicate the need for the rehabilitation of the sites.  Chennai is the first city in India to contract out MSWM services to a foreign private agency- ONYX, a Singapore based company. The scope of privatization includes activities such as sweeping, collection, storing, transporting of MSW and creating public awareness in three municipal zones.  ONYX collects about 1100 Metric tons of waste from three zones per day and transports it to open dumps.

 

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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Curcumin Extraction Unit

Curcumin is the main biologically active phytochemical compound of Turmeric. Molecular chemical formula of Curcumin: C21H20O6. The most important constituents in organic turmeric are Curcuminoids, which is approximately 6%, and the yellow coloring principles of which Curcumin constitutes 50-60%. Curcumin is widely used to colour many foods. India is one of the largest manufacturers of curcumin, contributing to more than 80.0% of the global production. India & China are the major supplier of Curcumin, The turnover of Curcumin could reach USD 94.32 million in 2022. India contributes 80% of world production and roughly 60% of export. Indian Curcumin market size accounted for over 81% of the overall Asia Pacific revenue most of these as a food coloring agent. Thus, due to demand it is best to invest in this project.? Few Indian major players are as under • Arjuna Natural Extracts Ltd. • Concert Spices & Exports Ltd. • Enjayes Spices & Chemical Oils Ltd. • Naturite Agro Products Ltd. • Sanat Products Ltd. • Sunrise Foods Pvt. Ltd. • Synthite Industries Pvt. Ltd.
Plant capacity: Curcumin Powder: 25 Kgs./Day Turmeric Oil: 25 Kgs./Day Deoiled Turmeric: 440 Kgs./DayPlant & machinery: Rs 115 lakhs
Working capital: -T.C.I: Cost of Project : Rs 301 lakhs
Return: 27.00%Break even: 56.00%
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Curcumin Extraction Unit

Curcumin is the main biologically active phytochemical compound of Turmeric. Molecular chemical formula of Curcumin: C21H20O6. The most important constituents in organic turmeric are Curcuminoids, which is approximately 6%, and the yellow coloring principles of which Curcumin constitutes 50-60%. Curcumin is widely used to colour many foods. India is one of the largest manufacturers of curcumin, contributing to more than 80.0% of the global production. India & China are the major supplier of Curcumin, The turnover of Curcumin could reach USD 94.32 million in 2022. India contributes 80% of world production and roughly 60% of export. Indian Curcumin market size accounted for over 81% of the overall Asia Pacific revenue most of these as a food coloring agent. Thus, due to demand it is best to invest in this project.? Few Indian major players are as under • Arjuna Natural Extracts Ltd. • Concert Spices & Exports Ltd. • Enjayes Spices & Chemical Oils Ltd. • Naturite Agro Products Ltd. • Sanat Products Ltd. • Sunrise Foods Pvt. Ltd. • Synthite Industries Pvt. Ltd.
Plant capacity: Curcumin Powder: 25 Kgs./Day Turmeric Oil: 25 Kgs./Day Deoiled Turmeric: 440 Kgs./DayPlant & machinery: Rs 115 lakhs
Working capital: -T.C.I: Cost of Project : Rs 301 lakhs
Return: 27.00%Break even: 56.00%
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Craft Beer

A microbrewery or craft brewery is a brewery that produces small amounts of beer (or sometimes root beer), typically much smaller than large-scale corporate breweries. "Craft brewing" is a more encompassing term for developments in the industry succeeding the microbrewing movement of the late 20th century. Bira 91, (90 calories for a 330 ml bottle). "Bira 91 Light is the lowest calorie option for any alcoholic beverage in the bar. It is lower than a glass of champagne, much lower than Breezers, wine, or cocktails. Heck, it’s even lower than a glass of milk or orange juice" Craft beers and microbreweries are niche concepts in India which have been growing for past few years and are beginning to take shape now. They are mushrooming in many parts of the country. This is an emerging trend that is certainly attracting middle class Indians, particularly in urban areas. The craft beer market in India is pegged at Rs. 280 crore and may grow to Rs. 4,400 crore by 2020. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Aurangabad Breweries Ltd. • Blossom Industries Ltd. • Castle Breweries Ltd. • Hindustan Breweries & Bottling Ltd. • Impala Distillery & Brewery Ltd. • Kool Breweries Ltd. • Lilasons Breweries Ltd.
Plant capacity: Craft Beer (Cans & Bottles 650 ml Size): 9230 Nos./DayPlant & machinery: Rs 890 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1628 lakhs
Return: 27.00%Break even: 45.00%
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Aluminium Extrusion

Aluminium is the second most abundant metallic element in the earth’s crust. Aluminium is a versatile material integral to modern life. The metal is found in everything from soda cans to cell phones to window frames to airplanes. Aluminium extrusion is used for a wide range of purposes, including components of the International Space Station. These diverse applications are possible due to the advantageous attributes of Aluminium, from its particular blend of strength and ductility to its conductivity, its non-magnetic properties and its ability to be recycled repeatedly without loss of integrity. All of these capabilities make Aluminium extrusion a viable and adaptable solution for an growing number of manufacturing needs. India's share in world aluminium market is estimated at around 3%. The per capita consumption of aluminium in India continues to remain low at under 1 kg as against nearly 25 to 30 kg in the US and Europe, 15 kg in Japan, 10 kg in Taiwan and 3 kg in China. Aluminium has a wide range of applications, from aircraft building to packaging, a major consumer being the electrical industry. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Alexcon Extrusions Ltd. • Banco Aluminium Ltd. • Century Extrusions Ltd. • Hiren Aluminium Pvt. Ltd. • Jindal Aluminium Ltd. • Orissa Extrusions Ltd. • Salco Extrusions Pvt. Ltd.
Plant capacity: Craft Aluminium Extruded Products: 160 MT/DayPlant & machinery: Rs 375 lakhs
Working capital: -T.C.I: Cost of Project: Rs 2423 lakhs
Return: 40.00%Break even: 50.00%
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Yarn, Fabric & Garments Production Using Solar Charkha & Solar Looms

The charkha, a small, portable, hand-cranked wheel, is ideal for spinning cotton and other fine, short-staple fibres, though it can be used to spin other fibers as well. solar charkha has opened up a new approach to reverse this trend. The use of solar energy can usher in a new era of khadi spinning. Yarn from a solar charkha are stronger compared to the manually operated charkha. In fact yarns of desired strength could be achieved by proper choice of the drive. Ministry of Micro, Small and Medium Enterprises (MSME) have launched the Mission Solar Charkha for implementation of 50 Solar Charkha Clusters across the country with a budget of Rs 550 crore for the year 2018-19 and 2019-20. Which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under • A P T Yarns Ltd. • A T L Textiles Ltd. • Amit Spinning Inds. Ltd. • Amitech Textiles Ltd. • Anasuya Spinners Ltd. • G R V Spintex Pvt. Ltd. • G V D Textiles Pvt. Ltd.?
Plant capacity: Khadi Fabric: 1500 Sq.Mtrs./Day Garments: 750 Pcs./DayPlant & machinery: Rs 408 lakhs
Working capital: -T.C.I: Cost of Project: Rs 644 lakhs
Return: 28.00%Break even: 75.00%
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Potato Products

Potato Products. Potato Balls, Nuggets and French Fries Manufacturing Business. Profitable Business Ideas in Potato Processing Industry Potato balls are a trendy dish liked by most of the kids. This classic dish is prepared by boiling the potatoes, mashed and mixed with chopped green onions, grated carrot, spiced with fresh ground black pepper, mayonnaise and yoghurt; made into small balls and deep fried until crispy and crunchy. Taste best with any sauce or chutney. Potatoes are considered as comfort food which is liked by most of the people either it is boiled, baked or fried. It is an important food staple and number one vegetable crop in the world. Potatoes are available year-round as they are harvested somewhere every month of the year. Potato balls are easy to prepare and is a great addition for breakfast, brunch or tea time and can also be easily carried in lunch packs or served for small parties. Potato balls are yummy deep fried mashed potato balls which can also have a stuffing of mozzarella cheese in the center. This of course would not be a regular item and is good for an occasional treat or a party appetizer as potato is a rich carbohydrate source. Potatoes provide the body with an essential source of fuel and energy. Most of the appetizers and snacks from the Indian cuisine are made with a very modern addition to the Indian meal to suit the taste of the people. The essence of Indian cuisine mainly lies in the aroma of spices that are blended together and added to enhance the flavor and nutrition of each dish. There are a variety of Indian snacks that are popularly made with potatoes and are favorite to many which includes the aloo tikki, Alu Vadi, Potato Cutlets, Aloo Bhonda, Aloo Noodle Cutlet etc. Potato nuggets is very tasty dish that can be prepared quickly and is very much liked by kids. It is the mixture of potato and bread crumb. It can be given in lunchbox for kids. It is very crispy potato nuggets recipe. Potato nuggets is very easy to make at home in few minutes. Potato nuggets is a tasty breakfast of morning and mostly loved by kids. French fries are among the highest saleable potato products. This is the most abundant processed potato and can be found in many varieties such as lattice cut, wedges, curly, batter dipped, seasoned, or straight –cut including French Fries on menu is one of the easiest ways to increase sales and profits for the companies. Potato Processing Market Global Potato Processing market is expected to grow from $19.74 billion in 2016 to reach $32.45 billion by 2023 with a CAGR of 7.3%. Rapid urbanization, progress in the standard of living, easy availability, consumer preferences for convenience foods and favorable packaging are the major factors propelling the market growth. In addition factors such as soaring demand for applications such as snack foods and prepared ready meals, increase in the number of retail channels such as hypermarkets and supermarkets and rapid growth of the fast food industry are driving the market growth. However, high costs incurred for storage and transportation and health issues associated with the consumption of processed potatoes such as obesity and diabetes are the factors hindering the market growth. The potato processing industry is a booming which is undergoing a progression period due to the growing global demands for vegetarian food products, a growth of processed food industry, and consumer demand for higher quality and sustainability. The processed food industries market is valued at more than the US $2.2 trillion dollars globally and consist of more 420,000 businesses. Potato processing market by type is segmented into Frozen, dehydrated, chips and snack pellets, and others which include flour, canned potato, potato granules and starch. Consumption of frozen potato products like French fries is increasing due to the increasing number of fast food chains and restaurants. Most important advantage of frozen potatoes is its prolonged shelf life and comparatively less time required for cooking. Rapidly increasing number of Quick Service Restaurants in the developing countries is expected to increase the demand for frozen products in the forecast period. Chips and snack pellets are the second largest segment due to increasing popularity of chips and ease of access. Increasing number of consumers aligning towards ready to cook and ready to eat food products such as French fries and other potato based snacks items in all classes of people is boosting the market for potato flakes and powder. Rapidly changing trends, increasing millennial population and people looking for more suitable snacking and choice of food with less indulgence are expected to drive the potato processing market growth. The global market for potato processing is anticipated to vary due to its high dependency on a steady supply of potato varieties at a reasonable value for continuous processes. Concerns related to health associated with the consumption of processed potatoes such as diabetes and obesity, along with high costs incurred for storage and transportation can pose as a restraint for the market growth. Based on application, the market is segmented into snacks, ready-to-cook & prepared meals, and others (food additives in soups, gravies, bakery, and desserts). The consumption of processed potato products in ready-to-cook & prepared meals application is estimated to account for the largest market share in 2017. Processed potato products used in ready-to-cook & prepared meals is a booming market due to the increase in consumer preference for convenience food products, busy work schedules, and on-the-go consumption habits. Apart from ready-to-cook & prepared meals, processed potato products also find applications in the snacks segment, such as potato-based snacks with low carbs, low salt, air-dried, baked products with a number of flavors, which also drives the demand for potato processing market. Some of the key players in the Potato Processing market are Intersnack Group GmbH & Co. Kg, The Kraft Heinz Company, Idahoan Foods LLC, Aviko B.V., Leng-D’or, The Little Potato Company Ltd, Limagrain Céréales Ingrédients, Agrana Beteiligungs-AG, Farm Frites International B.V., Mccain Foods Limited, Agristo NV, J.R. Short Milling Company, Lamb Weston Holdings, Inc and J.R. Simplot Company. Processed Potatoes Market The global processed potatoes market to grow at a CAGR of 4.88% during the period 2017-2021. The latest trend gaining momentum in the market is growing focus on expanding production capabilities for potato processing. To cater to the growing global demand for processed potato products, manufacturers are focusing on expanding their production capabilities. They are finding tremendous growth opportunity in all global markets owing to the rising consumer preference for on-the-go snack products. The increase in production capacity ensures that they are well-positioned to cater to customers' growing needs across markets. Changes in consumer lifestyle, increase in disposable income, and growth in demand for convenient and easy-to-prepare food have led to higher consumption of packaged processed potato products. To cater to this higher demand, manufacturers are expanding their production facilities, which will lead to an increase in the overall growth and revenue of the global packaged processed potato products market. The sector has witnessed steady growth globally in recent years with the mushrooming of convenient stores, specialty stores, hypermarkets, and supermarkets. Supermarkets and hypermarkets form one of the most popular distribution channels of packaged products, including packaged processed potato products. Discounted prices, attractive shelf displays, and pleasant shopping experiences are some of the factors that attract consumers to supermarkets and hypermarkets. Growing internet use globally has also given a boost to online retailing, which is boosting the growth of the global packaged processed potato products market. Indian Frozen Potato Products Market Potato is one of the most produced and consumed crops in India and forms an important part of the regular diet. It is consumed in the form of different snack foods as well as elaborate dishes. Some of the most popular potato snacks include wedges, fries, patties, etc. In recent years, the demand for frozen potato products in India has increased on account of their introduction by various national and multinational companies. Additionally, frozen potato products have rapidly gained prominence in the country as they are convenient to cook and come in a large variety of flavours and shapes. The biggest factor catalysing the growth of the frozen potato products market is the expansion of fast food service restaurants, such as Subway, McDonald’s, Burger King, KFC, etc., in the country. Moreover, introduction of new product variants with different flavours have attracted a larger consumer-base for frozen potato products, in turn, boosting the growth of the market. Busy lifestyles, inflating income levels and high purchasing power of the consumers in the region have further created a shift towards easy-to-cook food products, thereby maintaining the growth prospects of the market. Looking forward, the market value is projected to reach US$ around 1,631 Million by 2024, expanding at a CAGR of 12.5% during 2019-2024. In recent years, the demand for frozen potato products in India has increased on account of their introduction by various national and multinational companies. Additionally, frozen potato products have rapidly gained prominence in the country as they are convenient to cook and come in a large variety of flavours and shapes. In recent years, the demand for frozen potato products in India has increased on account of their introduction by various national and multinational companies. Additionally, frozen potato products have rapidly gained prominence in the country as they are convenient to cook and come in a large variety of flavours and shapes. Tags #Potato_Products, Potato Ball Manufacture, #Potato_Ball_Production, Potato Ball Making Business, Potato Balls Manufacturing Business, Potato Business Plan, How to Make Potato Balls, Commercial Potato Ball Making Business, Projects on Potato Processing, #Potato_Based_Products, #Manufacture_of_Potato_Nuggets, Nuggets Manufacture, How to Make Potato Nuggets, Frozen Potato French Fries, #Potato_French_Fries_Manufacturing_Plant, #French_Fry_Making_Business, French Fries Production, French Fries Business, French Fries Processing, Small Scale French Fries Production, #Potaato_Processing, Potato Products Manufacture, Potato Processing Industry, Processed Potato Products, Processed Potato Products and Processing, #Processed_Potatoes, Fresh and Processed Potatoes, Potatoes and Potato Products, Potato and Potato Products, Potato Processing Industry in India, Potato Production in India, Potato Processing Sector, Potato Processing Plant, #Potato_Processing_Plant_Cost, Potato Processing Profitable Potato Processing Business Ideas, Most Profitable Food Processing Business Ideas, Food Processing Industry, Potato Products (Potato Balls, Nuggets and French Fries), #Profitable_Food_Processing_Business_in_India, Starting a Food Processing Business, Small Scale Food Processing Industry, Food Processing Project Report, Agro Based Food Processing Industry, Projects for Small Scale Food Processing Industry, Agro and Food Processing, Food Processing Business, Food Manufacturing Industry, Project Report on Food Processing & Agro Based, Projects on Food Processing, Agricultural Business Plan, Most Profitable Agriculture Business Ideas, Setting up of Food Processing Units, How to Start a Food Production Business, Food Processing Projects, Food Processing & Agro Based Profitable Projects, Most Profitable Food Processing Business Ideas, Food Processing Industry in India, How to Start Food Processing Industry in India, Detailed Project Report on Potato Products (Potato Balls, Nuggets and French Fries), Project Report on Potato Products (Potato Balls, Nuggets and French Fries), Pre-Investment Feasibility Study on Potato Products (Potato Balls, Nuggets and French Fries), Techno-Economic feasibility study on Potato Products (Potato Balls, Nuggets and French Fries), Feasibility report on Potato Products (Potato Balls, Nuggets and French Fries), Free Project Profile on Potato Products (Potato Balls, Nuggets and French Fries), Project profile on Potato Products (Potato Balls, Nuggets and French Fries), Download free project profile on Potato Products (Potato Balls, Nuggets and French Fries)
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Tyre Retreading Business

Tyre Retreading Business. Retread Tire. Start an Automobile Tyre Retreading Industry Retreading tires is the process of restoring old tires so that they can be used in automobiles. The process is technology-driven where the worn-out and damaged threads are replaced with new treads. Tyre retreading can be done using 2 methods – cold process and hot process. Currently in India retreading is done 50% by the organized sector and the remaining 50% by the unorganized sector. Tyre Retreading is a new technology. After applying this method the old tyres become serviceable and usable. The part of the tyre that comes in contact with the surface of the road is known as the tread. The tread is an integral part of the tyre and is responsible for providing traction. New treads are available in the market. In brief, in can be put on an old tyre and cured with the help of steam. Similar to the new tyres, the treated tyres can be very well used on all vehicles, irrespective of light or heavy vehicles. With a safe and new technology, which is being adopted nowadays, it will be more easy and economical to produce tyres. Recently a new technology has been developed called “Precured Tread Rubber Retreading Process” which is commonly known as “Cold Process Retreading”. As in most parts of the world, tyre retreading in India is done extensively for commercial vehicles such as trucks and busses. The primary reason for retreading tyres is to save operational costs as applying a new tread can be done at less than half the cost of a new tyre. With further growth of the economy, there will be an increased numbers of vehicles in transport as well as passenger vehicles and hence more tyres will be required. Hence, there is a very wide scope for retread tyres as an original replacement. The retreading tyre industry for the commercial vehicle segment is poised for growth in India, fuelled by the increase in the number of vehicles, rising tyre costs, the advent of radial tyres, better roads and the introduction of multi-axle heavy duty vehicles. Advantages of Retreading of tyre: There are several advanges of retreading such as: • Retreads are quite safe and are being used in all kind of vehicles nowadays. May it be taxis or trucks, school buses or military vehicles, retreading is being used in all of them. • Retreading is highly environment friendly. When the existing tyres are made ready for further use, the manufactures save landfill space. Also, it reduces carbon dioxide emmission and saves millions of gallons of oil which is required to manufacture new tyres. • There are many economic benefits of retreading as the retreaded tyres are less pricey in comparision with the new ones. This definitely helps to save a considerable amount of money. • Retread process is not responsible for spreading large chunks of rubber on the roads and highways. It happens due to abuses like tyre failure, caused by road hazards, tyre blasts and overloading to both new tyres and retread ones. • They cost almost 30 – 50 % less than the price of a new tire. • It is a low-cost production process – for making the new tires 80% natural rubber is used whereas for retreading only 25% of natural rubber is consumed. • Properly retreaded tires have almost the same life as the new tires. • The investment is comparatively less. The major part of the investment is involved in buying expensive machinery and molds • Retreading extends the life of used tires thus making the entire process of tire making recyclable. Market Outlook Retreading tires is the process of restoring old tires so that they can be used in automobiles. The process is technology-driven where the worn-out and damaged threads are replaced with new treads. Tyre retreading can be done using 2 methods – cold process and hot process. Currently in India retreading is done 50% by the organized sector and the remaining 50% by the unorganized sector. India’s retreading industry is estimated to be worth more than US$ 1 billion (INR 5,000 crore annually) with roughly 20,000 retreaders scattered in the organised and unorganised sector. Retread tire market is forecast to grow from $ 9.6 billion in 2017 to more than $ 11.5 billion by 2023 globally. Though the market witnessed a slight decline during 2013-2017, owing to growing penetration of cheaper Chinese tire, retread tire sales are expected to recover in the coming years backed by growing consumer acceptance of retread tires and rising prices of new tires. Moreover, growing sales of commercial vehicles on account of rising infrastructure development and construction activities across the globe is further anticipated to push demand for retread tires, globally. Additionally, retread tire market is anticipated to be positively influenced by increasing number of technological advancements during the forecast period. The global retread tires market can be segmented on the basis of vehicle type into passenger car, light commercial vehicle, heavy commercial vehicle and off road vehicle. On the basis of vehicle type, the heavy commercial vehicle segment is anticipated to continue to dominate the global market in terms of value over the forecast period. The demand for retread tires in heavy commercial vehicles is estimated to grow at a relatively high CAGR as compared to other vehicle types over the forecast period. This segment is expected to represent a total incremental opportunity of US$ 2,228.1 Mn between 2018 and 2028. The global retread tires market remains positive and the market value is expected to increase at a CAGR of 4.6% during the forecast period (2018 - 2028). Among the end use segments of the retread tires market, the heavy commercial vehicles segment is expected to expand with a significant CAGR in terms of value as well as volume over the forecast period. Automotive production is expected to be higher in emerging economies as compared to that in developed economies. This can mainly be attributed to increasing urbanization and stable economic conditions in these regions. During the forecast period, the fleet on road is also expected to rise with a modest CAGR, thereby providing marginal opportunities for the growth of the retread tires market over the forecast period. Continuously growing vehicle PARC is another major factor which will increase the demand for replacement of tires and thus, will drive the demand for retread tires. Large fleet owners of commercial vehicles prefer tire remolding to ensure cost effectiveness. Hence, growth in automobile, forestry and construction is expected to create healthy growth opportunities for the retread tires market. Some of the major players operating in retread tire market worlwide are Elgi Rubber Company Limited, INDAG RUBBER LIMITED, MRF PRETREADS, Vipal Borrachas, Marangoni S.p.A., Bridgestone Bandag, LLC, Michelin Retread Technologies, Goodyear Tire & Rubber Company, Midas Rubber India Private Limited and Sun Tyre Industries. Tags #Tyre_Retreading, #Tyre_Retreading_Process, #Retread_Truck_Tyre, Retread Tire, Process of Retreading, Tyre Retreading Process Pdf, #Truck_Tyres_Retreading_Process, Tyre Retreading Industry in India, #Tyre_Retreading_Business, How to Start Tyre Retreading Business in India, Indian Tyre Retreading, Tyre Retreading Industry, Retread Industry in India, How Profitable is Tyre Retreading Business in India? Tire Retreading Business, Tyre Retreading Plant, Retreading Business, #Start_a_Tire_Retreading_Business, Project Report on Tyre Retreading, #How_to_Start_Tyre_Business_in_India, Tyre Retreading Project Report, Profile on the Production Retreaded Tyre, #Tyre_Retreading_Sector, #Detailed_Project_Report_on_Tyre_Retreading, Project Report on Tyre Retreading, Pre-Investment Feasibility Study on Retreading Business, Techno-Economic feasibility study on Tyre Retreading, #Feasibility_report_on_Tyre_Retreading_Industry, Free Project Profile on Retreading Business, Project profile on Tyre Retreading Industry, Download free project profile on Tyre Retreading, Start a Tyre Retreading Business, Tyre Industry, Tyre Retreading Business Plan, Tyre Retreading Project, Start an Automobile Tyre Retreading Industry
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Biodiesel Production from Algae

Biodiesel Production from Algae. Algae Fuel Manufacturing Business. Investment Opportunities in Biofuel Manufacturing Industry Algae are photosynthetic organisms that live under water. Biodiesel production from algae has the potential of considerably larger amounts of fuel in terms of growth area. The amount of agricultural land needed is reduced to 5%. Biodiesel is used in diesel engines, and is thus different from the waste and vegetable oils used to fuel converted diesel engines. Blends of biodiesel are also used as heating oil in space heating applications. Biodiesel is oil from plants or animals used as an alternative to or blended with petroleum diesel in automobiles and industrial fleets with diesel engines. Easy to Use One of the great advantages of biodiesel is that it can be used in existing engines, vehicles and infrastructure with practically no changes. Biodiesel can be pumped, stored and burned just like petroleum diesel fuel, and can be used pure, or in blends with petroleum diesel fuel in any proportion. Power and fuel economy using biodiesel is practically identical to petroleum diesel fuel, and year round operation can be achieved by blending with diesel fuel. Blending and Switching with Diesel Fuel Biodiesel can be used 100% (B100) or in blends with petroleum diesel fuel. When biodiesel is first used in a vehicle, it may release fuel tank deposits which can lead to fuel filter plugging. After this initial period, a user can switch between biodiesel and petroleum diesel whenever needed or desired, without modification. Biodiesel as a transportation fuel Most of the trucks, buses, and tractors in the United States use diesel fuel. Diesel fuel is a nonrenewable fuel made from petroleum. Biodiesel is a renewable fuel that is made from vegetable oils, grease, and animal fats. Using biodiesel fuel produces less pollution than using petroleum diesel fuel. Any vehicle that operates on diesel fuel can use biodiesel. Advantages of Biodiesel as Fuel • 75% cleaner than conventional diesel fuel. • Reduces unburned hydrocarbons, carbon monoxide and particulate matter in exhaust fumes. • Contains no sulphur. • Emissions are nearly 50% less than conventional diesel fuel. • Doesn’t cause eye irritation • More biodegradable than sugar and less toxic than table salt. • Fuel economy is the same as conventional diesel fuel. • Much better lubricant than conventional diesel fuel and extends engine life • High cetane rating, which improves engine performance. • 1% biodiesel will increase lubricity by 65% • Biodiesel can be produced from any fat or vegetable oil, including waste cooking oil. Market Outlook The global biodiesel market is expected to reach USD 54.8 billion by 2025. The key factors for the growth of this market are minimizing storage issues with stability and transportation issues with high cost of delivered fuel compared to fossil fuels; it can reduce the ecological problems such as global warming, greenhouse effect and pollution. The growth in the global biodiesel market can be attributed to the proactive implementation of biofuel policies in various nations including US, Argentina, Brazil, and Indonesia. The regulations regarding the formulation of fuel in these regions are expected to increase the share of biodiesel, thereby increasing the demand. The global biodiesel market is slated for a huge growth in the next few years, not only because of the growing environmental concerns, but also because of the surging prices for non-renewable sources of energy, such as petroleum. Governments are enhancing the use of biodiesel across the globe and many countries have initiated merging of conventional diesel with a percentage of biodiesel. In biodiesel market by verticals, biodiesel is used as a fuel in many verticals including automobile, marine, railway, and agriculture industries, in pure form B100' or by forming blends with conventional petroleum diesel. These blends are B2', B5' and B20', which include 2%, 5%, and 20% biodiesel, respectively. Biodiesel has a higher lubricity (50:1) than that of traditional petroleum diesel. This belonging of biodiesel encourages its use in the vehicle enterprise as it reduces wear and tear of the engine. The excessive cetane value of biodiesel additionally maximizes engine life by way of ensuring entire gasoline combustion and leaving no residue. Biodiesel is used in the marine industry also as it is a good material as a shipping fuel, being biodegradable, non-toxic and essentially free of sulphur and aromatics. The biodiesel market has been segmented based on the feedstock used for products such as vegetable oils, animal fats, biomass, and others (brown grease/ trap grease); and verticals such as automotive, aviation, industrial, marine, residential & commercial heating, power generation, and agriculture. Biodiesel contains no petroleum products, but it is compatible with conventional diesel and can be blended in any proportion with mineral diesel to create a stable biodiesel mix. Biodiesel is eco-friendly, non-toxic and basically free from sulfur; it is renewable and can be produced from plant resources and agriculture. Biodiesel is an alternative fuel, which has a correlation with sustainable development, environmental preservation, energy conservation, efficiency and management. Growth in food industry driving the production of feed stock made from residue of soybean oil, corn oil, canola oil and animal fats enabling the handiness of feed stock required for production of biodiesel which in turn is fueling the production of biodiesel over the forecast period. Moreover, favorable regulatory support for mandatorily blending of biodiesel in diesel fuel is projected to fuel the consumption of biodiesel. However, raw material availability and high cost of installation of biodiesel production plant are factors expected to hamper the growth of biodiesel market during the forecast period. Some of the major competitors of the global biodiesel market are Poet, Llc, Archer Daniels Midland Company, Flint Hills Resources LP, The Andersons, Inc., Raizen, Copersucar, and Abengoa. Other developing economies like Europe, China, Russia, and India are also experiencing steady development and are expected to show an increase in stability in near future. Emerging Biofuel Market in India Bio-diesel production is in rise day-by-day basis in India as well as foreign countries. The major reason behind the phenomena is the limited amount of petroleum product reservoirs. The Indian biofuel market has been consistently witnessing growth and developments for past few years. The Government of India is injecting huge amount of money and resources into the development of this sector in an attempt to reduce dependency on imported oil. High volatile oil prices and production levels have further enlightened the need for continuous developments of this sector. The Indian biofuel sector is expected to see robust growth in coming years. Currently, ethanol dominates the Indian biofuel sector, but biodiesel will soon join the commercial stream as the phase one of pilot projects has already been completed. Being at the initial stage, but with huge potential in terms of production, the Indian biofuel industry will prove to be a good option for biofuel producers. Tags #Biodiesel_from_Algae, #Algae_Fuel, Biodiesel from Algae Oil, #Biodiesel_Production, #Algal_Biofuel, #Biodiesel_Production_from_Algae, #Algae_for_Biofuel_Production, Production of Biodiesel from Algae, How to Produce Biodiesel from Algae, How to Make Biodiesel from Algae, Producing Biofuels from Algae, #Biofuel_Production, Biodiesel Production, Biodiesel Production Process, Production of Biodiesel, Biodiesel Production Cost, #Biodiesel_Production_Process Flow Diagram, Biodiesel Production in India, Biodiesel Production PPT, Biodiesel Manufacturing Business, Set-Up Bio-Diesel Production Unit in India, Biodiesel Business Opportunity, #Starting_a_Biodiesel_Production, Bio-Diesel Production Unit, Bio-Diesel Production, How to Start a Biodiesel Business, Starting a Biodiesel Business, Biodiesel Plant, Biodiesel Business Plan, Small Scale Biodiesel Production, Biofuel Manufacturing Industry, How to Start Biodiesel Production Business in India? Biofuel Manufacturing, Biodiesel Manufacture in India, Biodiesel Manufacturing Plant, Biodiesel Production Business, Biodiesel Industry, Detailed Project Report on Biodiesel Production, fuel for the future, #Project_Report_on_Biodiesel_Production, Pre-Investment Feasibility Study on Biodiesel Production, Techno-Economic feasibility study on Biodiesel Production, Feasibility report on Biodiesel Production, Free Project Profile on Biodiesel Production, Project profile on Biodiesel Production, Download free project profile on Biodiesel Production
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Nitrous Oxide Production

Nitrous Oxide Production. Laughing Gas Manufacturing Business. Opportunities in Industrial and Medical Gas Production Nitrous oxide is mainly used as an inhalation anesthetic product in medicines. Administration of this product is primarily accompanied by simultaneous administration of a volatile agent such as ethrane, halothane, etc. This product is also used in high end super cars which also plays a major contributor to its demand. It is an excellent oxidizer that can support combustion to its maximum potential which no other gas can and hence has no substitute in this regard. Nitrous oxide itself is inflammable but is an excellent oxidizer that provides additional oxygen for the extra fuel to burn hence producing more power. It is used in combustion engines as the oxygen present in nitrous oxide causes combustion of fuels more rapidly. Nitrous oxide is also used in high tech thin film industries of LCD and semiconductor manufacturing. Nitrous oxide or laughing gas is a colorless and non-flammable gas with a slightly sweet odor, which is widely used for various medical and non-medical applications. Some of the non-medical end uses include racing cars, semiconductor industry, and food processing. In the medical industry, it is widely used in surgery and dentistry procedures as an analgesic and anesthetic. Upon inhaling, it has excellent euphoric effects and this property has led to its recreational use as a dissociative anesthetic. The use of nitrous oxide in the medical sector has a minimal impact on the environment. Nitrous oxide accounts for 5% of the total greenhouse effects, with only 1% of nitrogen oxide released into the atmosphere coming from medicinal use. Nitrous oxide is produced commercially by heating ammonium nitrate to a higher temperature. A channel with washers and scrubbers subsequently eliminate water vapor with high oxides of ammonia, nitrogen and nitric acid, and the other impurities. Nitrous oxide is normally stored below its acute temperature and exists in liquid and vapor phases. Unlike cylinders comprising pressurized gas, the cylinder pressure remains constant until all the liquid nitrous oxide vaporizes. Nitrous oxide (N 2 O) is used in the food industry as a mixing and foaming agent (E942) in the production of whipped cream, 1, 2 and as a fuel booster in the motor industry. 3 It is also a familiar agent in obstetric, dental, emergency, and anaesthetic practice, where use is made of its analgesic and anaesthetic properties. However, nitrous oxide was used recreationally long before its medical potential was realized. Market Outlook Global nitrous oxide market is expected to grow from USD 789.2 million in 2017 to USD 1,441.2 million by 2026, at a CAGR of 6.2%. Increasing demand from various industries, especially from the medical sector, is helping the market gain tremendous momentum. In addition, rising prevalence of chronic diseases and growing geriatric population in major countries is further fueling the demand over the forecast period. Increasing demand for nitrous oxide from a wide range of industries especially from the medical sector is expected to drive its market. It’s a colorless gas with a sweet odor, also named as laughing gas and is non-flammable. It is a highly gas material that is produced from the thermal decomposition of ammonium nitrate. Considerable pervasiveness of several types of chronic diseases and increasing number of geriatric population especially in Europe and North America are anticipated to be some potential implications for the product to experience higher demand in the next five to six years. Few of the non-medical applications of the product include semiconductors, food processing & packaging and premium automobiles among the major end-uses. By Application, medical segment is likely to witness significant growth over the forecast period owing to rising use of nitrous oxide gas in clinics, hospitals and dental clinics for various procedures. Nitrous oxide is nontoxic and stable in room temperature. It is safer to store and carry. North America accounted for largest market share followed by Europe. The region is poised to offer huge opportunities over the forecast period due to increasing prevalence of chronic diseases such as cancer, type 2 diabetes, stroke, heart disease, obesity, and arthritis. The Medical industry provides major share in Nitrous oxide market owing to its anesthetic and therapeutic properties. It is also used in small procedures like dressing of burns, debridement and wound suturing. In dental treatments it is used during tooth extraction procedures and it is used as a refrigerant in laparoscopy and cryosurgery. The global market for nitrous oxide is projected to surge in the coming years as it continues to be an integral part of many industries. Usually known as laughing gas, nitrous oxide is expected to be in demand for many medicinal and non-medicinal purposes in the forthcoming years. The growing demand for nitrous oxide in a wide range of industries such as electronics, food and beverages, and automotive has played a pivotal role in shaping the global market for this colorless gas. Rising demand from several enterprises, for example, food and beverages, automobiles, medical, and electronics are foreseen to be a trend setter, accelerating the growth of nitrous oxide market. Moreover, surging demand from Asia Pacific region, attributable to high predominance of chronic infections and growing of geriatric population base in major nations, for example, India and China, is profiting the general market. The nitrous oxide market is widely utilized in dentistry procedure and also used in surgery. These are major factors contributing towards growth of this market. The usage of nitrous oxide in medical industry has less impact on the environment. A growing prevalence of chronic disease is another factor expected to supplement growth of this market in the years to come. Apart from this, rising geriatric population is another aspect backing growth of the global nitrous oxide market. The key players in the nitrous oxide market include Praxair Technology, Inc.; Oxygen & Argon Works Ltd.; The Linde Group; Matheson Tri-Gas, Inc.; SOL Spa; Merck KGaA; Air Liquide; Airgas, Inc.; and Ellenbarrie Industrial Gases Ltd. are some of the key players engaged in extensive R&D and production of nitrous oxide. Moreover, Promas Engineers Pvt. Ltd., SS Gas Lab Asia, KVK Corporation. Tags #Nitrous_Oxide, #Laughing_Gas, Nitrous, #Nitrous_Oxide_(N2O), Nitrous Oxide (Laughing Gas), #Medical_Nitrous_Oxide, Medical Gas, Nitrous Oxide Uses, Nitrous Oxide Formula, #Happy_Gas, Nitrous Oxide Gas, How to Make Nitrous Oxide Laughing Gas, #Nitrous_Oxide_Production, Nitrous Oxide Plant, #Preparation_of_Nitrous_Oxide_(Laughing_Gas), #Dinitrogen_Monoxide, Manufacture of Nitrous Oxide, Production of Nitrous Oxide, Manufacture of Nitrous Oxide, Nitrous Oxide Industry, Nitrous Oxide Manufacturing Process, Nitrous Oxide Gas Plant, Process for Production of Nitrous Oxide, Nitrous Oxide Manufacturing, Manufacturing of Nitrous Oxide, Process of Manufacturing Nitrous Oxide, Nitrous Oxide Manufacture, Nitrous Oxide Manufacturing Plant, Detailed Project Report on Nitrous Oxide Production, #Project_Report_on_Nitrous_Oxide_Production, Pre-Investment Feasibility Study on Nitrous Oxide Production, Techno-Economic feasibility study on Nitrous Oxide Production, #Feasibility_report_on_Nitrous_Oxide_Production, Free Project Profile on Nitrous Oxide Production, Project profile on Nitrous Oxide Production, Download free project profile on Nitrous Oxide Production
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Ethylene Glycol Manufacturing Industry

Ethylene Glycol Manufacturing Industry. Chemical Business Ideas for Aspiring Entrepreneurs Ethylene glycol is a chemical commonly used in many commercial and industrial applications including antifreeze and coolant. Ethylene glycol helps keep car’s engine from freezing in the winter and acts as a coolant to reduce overheating in the summer. Other important uses of ethylene glycol include heat transfer fluids used as industrial coolants for gas compressors, heating, ventilating, and air-conditioning systems, and ice skating rinks. Ethylene glycol also is used as a raw material in the production of a wide range of products including polyester fibers for clothes, upholstery, carpet and pillows; fiberglass used in products such as jet skis, bathtubs, and bowling balls; and polyethylene terephthalate resin used in packaging film and bottles. Many of these products are energy saving and cost efficient as well as recyclable. In addition to its use in antifreeze, ethylene glycol is used as an ingredient in hydraulic fluids, printing inks, and paint solvents. It is also used as a reagent in making polyesters, explosives, alkyd resins, and synthetic waxes. Ethylene glycol is a synthetic liquid substance that absorbs water. It is odorless, but has a sweet taste. Ethylene glycol is used to make antifreeze and de-icing solutions for cars, airplanes, and boats. It is also used in hydraulic brake fluids and inks used in stamp pads, ballpoint pens, and print shops. Uses Ethylene glycol has been most notably used as antifreeze in heating and cooling systems. It's also been used as a de-icer for aircrafts as well as a de-icer for airport runways. Other uses or places for ethylene glycol include but are not limited to: • Within hydraulic brake fluids. • As a solvent (dissolves another substance) for paint and plastic industries. • To help make batteries • To manufacture synthetic fibers, like Dacron • To help make printer ink and ink for that ballpoint pen you recently used • The most common use of ethylene glycol is in antifreeze formulation. • Ethylene glycol also has a major use in the manufacture of polymers, namely polyethylene terephthalate (PET). • EG used in the manufacture of fibre glass, which is used in things like, jet skis, bowling balls, storage tank and bath tubes. • EG has been used to prevent and treat rot or fungi in wood. This is especially useful for museums where partially rotten wooden objects are displayed Market Outlook The global glycol market size was estimated at USD 30.41 billion in 2018. It is expected to expand at a CAGR of 6.7% from 2019 to 2025. Derivatives of glycol are used across a wide range of sectors that include automotive & transportation, food & beverage processing, heating, ventilation and air conditioning (HVAC), and polyester fibers. Ethylene glycol is a crucial raw material for the production of PET resins and polyester fibers, which is why one of the main contributors for the growth of this segment is the growing demand for PET bottles from the packaging industry. One of the major consumers and growth drivers of ethylene oxide market globally is monoethylene glycol (MEG). It finds application in areas such as the production of films, bottles, polyester fibers and resins, as well as an antifreeze liquid and cooling agent in the automobile industry. The key growth drivers of the market continue to be EG applications in packaging, polyester application in textiles, and as anti-freeze & coolants in automobiles. The growing demand will be further accentuated by capacity expansions in the Middle East and North America, with the Middle East contributing to a significant share in the export market. On the other hand, Europe and Asia would continue to experience a supply deficit of 6.6 MMT, and would be dependent on imports during the forecast period. Ethylene glycol is widely used as an antifreeze, coolant, and heat-transferring agent. In addition to its ability to bring down freezing point of fluids, the chemical also functions as a reagent in the production of polyesters, alkyd resins, synthetic waxes, and explosives. Furthermore, the ethylene-based glycols also find usage as an ingredient in printing inks, paint solvents, and hydraulic fluids. The most valued applications of the ethylene glycol market are polyester fibers, widely used in textile industries; PET resins, used for packaging of liquids and beverages in bottles; and automotive antifreeze, used in automobiles. The high demand across the industries for polyester fiber, PET resin, and automotive antifreeze will increase the overall ethylene glycol consumption. The top players including: • DOW Chemical • Huntsman International • Reliance Industries • SABIC Innovative Plastics • Sinopec • Akzonobel • BASF • Clariant • Shell • Ineos Oxide • Exxon Mobil Tags #Ethylene_Glycol, #Ethylene_Glycol_Production, #Mono_Ethylene_Glycol_Production, #Ethylene_Glycol_Manufacture, #Ethylene_Glycol_(EG)_Production_and_Manufacturing_Process, Ethylene Glycol Plant, Ethylene Glycol Production Pdf, Ethylene Glycol Uses, Mono-Ethylene Glycol Process Flow Diagram, #Production_of_Ethylene_Glycol, Chemical Industry, Ethylene Glycol Plant, Manufacturing Process of Ethylene Glycol, Ethylene Glycol Manufacturing, Manufacture of Ethylene Glycol, Process for Preparing Ethylene Glycol, Ethylene Glycols Industry, Preparation of Ethylene Glycol, Process for Preparing Monoethylene Glycol, Ethylene Glycol Production Process, #Ethylene_Glycol_(EG), Ethylene Glycol Manufacture in India, Mono Ethylene Glycol Manufacturing Plant, Ethylene Glycol Production Plant, Highly Profitable Chemical Business Ideas, Small Scale Chemical Business Ideas & Opportunities, Chemical Business Opportunities, #How_to_Start_a_Chemical_Industry, Chemical Business Ideas for Aspiring Entrepreneurs, Industrial Chemical Manufacturing Business, Lucrative Chemical Business Ideas & Opportunities, Business Ideas for Chemical Industry, How to Start a Chemical Business? 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Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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About NIIR PROJECT CONSULTANCY SERVICES

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NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report, Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Selection of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

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