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

Agro and Food Processing: Project Opportunities in Uttarakhand

PROFILE:

Food processing involves any type of value addition to agricultural or horticultural produce and also includes processes such as grading, sorting and packaging which enhance shelf life of food products. The food processing industry provides vital linkages and synergies between industry and agriculture. The Food Processing Industry sector in India is one of the largest in terms of production, consumption, export and growth prospects. The government has accorded it a high priority, with a number of fiscal reliefs and incentives, to encourage commercialization and value addition to agricultural produce, for minimizing pre/post harvest wastage, generating employment and export growth. India's food processing sector covers a wide range of products 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:

Uttarakhand comprises of total are 5672568 Hectares, of which forest area is 3485847 hectares. Fruits such as apples, oranges, pear, grapes peach, plum apricot, litchi, mangoes and guava are widely grown in the state and therefore have immense potential for development of horticultural crops and processing units. The State Government will assist in establishing small & medium size Agro Parks, Food Parks etc., which will provide common infrastructure facilities for storage, processing, grading and marketing, thus ensuring that surplus fruits and vegetables do not go waste as at present. Four Agri Export Zones have already been declared under the AEZ scheme of the Government of India for Litchi, Horticulture, Herbs, Medicinal Plants and Basmati Rice. Further, efforts will continue to promote production for export and provide access to domestic and export markets for products from the State.

GOVERNMENT POLICIES:

The Ministry of Food Processing Industries (MOFPI) is a ministry of the Government of India is responsible for formulation and administration of the rules and regulations and laws relating to food processing in India. The ministry was set up in the year 1988, with a view to develop a strong and vibrant food processing industry, to create increased employment in rural sector and enable farmers to reap the benefits of modern technology and to create a of surplus for exports and stimulating demand for processed food.

•        Custom duty rates have been substantially reduced on food processing plant and equipments, as well as on raw materials and intermediates, especially for export production.

•        Wide-ranging fiscal policy changes have been introduced progressively in food processing sector. Excise and Import duty rates have been reduced substantially. Many processed food items are totally exempt from excise duty.

•        Corporate taxes have been reduced and there is a shift towards market related interest rates. There are tax incentives for new manufacturing units for certain years, except for industries like beer, wine, aerated water using flavouring concentrates, confectionery, chocolates etc.

•        Indian currency, rupee, is now fully convertible on current account and convertibility on capital account with unified exchange rate mechanism is foreseen in coming years.

•        Repatriation of profits is freely permitted in many industries except for some, where there is an additional requirement of balancing the dividend payments through export earnings.

 

Biotechnology: Project Opportunities in Uttarakhand

PROFILE

The Biotechnology sector in India is one of the fastest growing sectors of the Indian Economy. As the sector is mainly based on knowledge, it is expected that it will play an important part in shaping the Indian Economy, which is developing at a rapid pace. The Indian Biotechnology sector holds immense potential in terms of research and development, skill and cost effectiveness. As per the eight annual survey by the Association of Biotechnology-led enterprise (ABLE) and a monthly journal, Bio-Spectrum, the sector grew threefold in five years and reported a revenue of US$ 3 billion during 2009-2011 with a 17 per cent rise as compared to the previous year.

RESOURCES

Uttarakhand is an ideal destination to invest in biotechnology-based industries because of several inherent advantages and being host to vast diversity of flora and fauna and rare species of plants and animals. A high-level biotechnology board is being setup to pursue initiatives in the field of research. The state will accord the units coming under this sector with the industry status and aims to establish an internationally competitive business infrastructure and environment for the industry in the state. Further, a biotechnology park is to be developed that will integrate resources and provide a focused institutional set up for accelerated commercial growth of bio-technology and bio-informatics. The Government is also in the process of creating an Exchange for Medicinal and Aromatic Plants to serve as a common platform for research institutions, technology developers and producers.

GOVERNMENT POLICIES:

The Uttarakhand Board of Biotechnology (UBB) will help the R&D Institutions of the State to seek funds from the national and international funding agencies / donors to upgrade the infrastructure facilities. Depending upon the need, UBB and the State Government will also try to fund R&D facilities through its own resources. The State Government undertakes to provide the following facilities/terms to the companies desirous of establishing BT units in the State:

•        BT Units including related R&D Units will enjoy the status of industry and will be eligible for incentives and concessions as provided for the relevant category/class of industry in the Industrial Policy of the State. For this purpose they shall be treated as Priority Sector Industry. Department of Biotechnology will provide The State Government undertakes to provide the following facilities/terms to the companies “single-window clearance” and shall issue only one application form to set up BT Units in the State.

•        The Government proposes to establish in association with private sector a BT Park initially at Halide, Pantnagar where land/plots would be made available to prospective entrepreneurs on favourable terms. The latter, however, are also free to choose their own sites or locate the same in the other established Industrial Areas in the State.

Hydropower: Project Opportunities in Uttarakhand

PROFILES:

Hydroelectricity is the term referring to electricity generated by hydropower; the production of electrical power through the use of the gravitational force of falling or flowing water. India was the 7th largest producer of hydroelectric power in 2008 after Norway: 114 TWh and 3.5 % the world total in 2008. The potential for hydroelectric power in India is one of the greatest in the world. Small hydropower offers a wide range of benefits-especially for rural areas and developing countries. The resource is environmentally responsible and has substantial economic advantages. Efforts also being made to improve the exchange of ideas and technology related to small hydropower. In India, small hydropower up to capacity of 25 MW also includes the mini-and-micro hydropower projects which are usually confined strictly to local use. A potential of over 15,000 MW has been identified from small hydropower and Government of India has been according top priority to SHP development as thrust area.

RESOURCES:

Uttarakhand has a large network of rivers and canals which provides an immense scope for hydro-power energy. In India, the development of Micro, Mini, and Small Hydro Power Projects started in the year 1897. One of the first hydro-power stations in India was commissioned at Galogi in 1907. More power stations were subsequently developed over a period of time. In Uttarakhand, the estimated capacity of Small hydro power projects is about 1500 MW out of total estimated capacity of 20,363 MW Uttaranchal has a hydropower potential of the order of 20236 MW against which only about 1407 MW has been harnessed so far.

GOVERNMENT POLICIES:

The Government of Uttaranchal (GoU) has decided to encourage generation of power through small hydropower sources of energy, and has framed a policy so that the development of this sector serves as an engine to achieve the objective of promoting the all-round development of the region. To encourage generation of hydropower the government of Uttarakhand has formulated and implemented policies with following objectives:

•        Creation of conducive conditions for encouraging private sector participation

•        Harnessing water resources in an environment friendly manner

•        Meeting the energy demand of the state/country

•        Promotion of the overall development of the region

•        Generation of revenue from hydro resources

 

Mineral: Project Opportunities in Uttarakhand

PROFILES:

A mineral is a naturally occurring solid chemical substance formed through biogeochemical processes, having characteristic chemical composition, highly ordered atomic structure, and specific physical properties. India is endowed with significant mineral resources. India produces 89 minerals out of which 4 are fuel minerals, 11 metallic, 52 non-metallic and 22 minor minerals.

RESOURCES:

Mineral resources of Uttarakhand play a significant role in the economy of Uttarakhand. The Chamoli district of Uttarakhand is especially famous for housing a number of mineral resources in Uttarakhand. The northern division of the district consist entirely of medium to high grade metamorphic rocks, which also contains bands of volcanic rocks in some areas; the southern division contains sedimentary and low-grade metamorphic rocks, with bands of volcanic rocks in some regions. Although much is not known about the geology of the first division of Chamoli, yet the mineral resources contain rocks such as quartzite, marble, and various types of schist and gneiss. The southern division contains rocks such as gneiss, limestone, phyllites, quartzite, sericite-biotite schist and slate.

Some of the important minerals that form a major part of the mineral resources of Uttarakhand are: Asbestos, Magnestic, Soapstone or Steatite, Copper, Iron, Graphite, Gold, Gypsum, Lead, Slate, Limestone, Building Stone, Sulfur, and Bitumen. Beside these major mineral resources, some of the other mineral resources of Uttarakhand also play a major role in enhancing the economy of Uttarakhand. Some of those mineral resources are: Antimony, Arsenic, Lignite or Brown Marble, Mica, Silver, etc.

GOVERNMENT POLICIES:

NATIONAL MINERAL POLICY, 2008

Keeping in view the long term national goals and perspective for exploitation of minerals, Government of India has revised its earlier National Mineral Policy, 1993 and came up with a new National Mineral Policy 2008. Basic goals of NMP 2008 are-

1.       Regional and detailed exploration using state of the art techniques in time bound manner.

2.       Zero waste mining

For achieving the above goals, important changes envisaged are:

•        Creation of improved regulatory environment to make it more conducive to investment and technology flows

•        Transparency in allocation of concessions

•        Preference for value addition

•        Development of proper inventory of resources and reserves

•        Enforcement of mining plans for adoption of proper mining methods and   optimum utilization of minerals 

•        Data filing requirements will be rigorously monitored

•        Old disused mining sites will be used for plantation or for other useful purposes.

•        Mining infrastructure will be upgraded through PPP initiatives

•        State PSU involved in mining sector will be modernized

•        State Directorate will be strengthened to enable it to regulate   mining in a proper way and to check illegal mining

•        There will be arms length distance between State agencies that mine  and those that regulate

•        Productivity and economics of mining operation, safety and health of workers and others will be encouraged.

Tourism: Project Opportunities in Uttarakhand

PROFILE:

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

RESOURCES:

Uttarakhand - the land of gods, the home of Himalayas and truly a paradise on earth, allures everyone from everywhere. Uttarakhand is paradise for different types of adventure activities. Like River Rafting, Trekking, Skiing, Camping, Rock Climbing, Rappelling, River Crossing. Mountaineering, Paragliding and Hot Ballooning make Uttarakhand one of the most attractive destinations for adventure sports not only in the India but the world. Gangotri and Yamunotri, the sources of both the Ganges and Yamuna fall in the upper reaches of the state and together with Badrinath (dedicated to Vishnu) and Kedarnath (dedicated to Shiva) form the Char Dham, one of Hinduism's most spiritual and auspicious pilgrimage circuits. Haridwar, meaning "Gateway to God" is a prime Hindu destination. Haridwar hosts the Kumbha Mela every twelve years, in which millions of pilgrims take part from all parts of the India and the world. Rishikesh near Haridwar is known as the preeminent yoga centre of India. The state has an abundance of temples and shrines, many dedicated to local deities or manifestations of Shiva and Durga, references to many of which can be found in Hindu scriptures and legends.

GOVERNMENT POLICIES:

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

•        Position tourism as a major engine of economic growth;

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

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

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

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

•        Create and develop integrated tourism circuits based on India’s unique civilization, heritage, and culture in partnership with States, private sector and other agencies; and ensure that the tourist to India gets physically invigorated, mentally rejuvenated, culturally enriched, spiritually elevated and feel India from within.

 

Waste management and recycling: Project Opportunities in Uttarakhand

PROFILE:

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

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:

Investments are aimed at improving public health and the environmental quality in the Program towns and the adjacent open land and water bodies by increasing solid waste collection coverage from 50% to 72% and supporting sound solid waste disposal methods. Improvements will be directed at (i) segregation of solid waste at household level and handling and management improvements at wards and town levels with an emphasis on waste minimization, (ii) provision of solid waste collection and transportation equipment, and (iii) construction of sanitary landfills in accordance with GoI’s Municipal Solid Waste Management and Handling Rules 2000. These will develop into a State wide SWM strategy, action plan, and town wise SWM master plan reports supported by capacity building of ULBs in SWM.

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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HAND SANITIZER MANUFACTURING

Hand sanitizer is alcohol-based or alcohol-free liquid, which is used for cleaning the hands to maintain the personal hygiene and to decrease the risk of infectious disease by killing germs present on the hands. It typically came in the liquid, gel or in foam form and recommended to use when soap and water is not available to wash the hands. Hand sanitizers are now being used on a daily basis in the schools, hospitals, supermarkets, and public places to disinfect the hands and to kill the germs. The alcohol-based hand sanitizers contain 605 to 95% alcohols to kill the bacteria and viruses present on the hand. The hand sanitizer production line has hand sanitizer mixer, mixing preparation pot, working platform, control panels and essential pipes, valves and filters. Hand Sanitizer Market size is projected to cross $2 billion by 2025, growing at a CAGR of 7.8% during the forecast period 2020-2025. Hand Sanitizer is an antiseptic disinfectant available in the form of a liquid, gel, foam and many others. It is said to be more effective than soaps due to its ability to eliminate most microorganisms. Public awareness campaigns by global health authorities such as the WHO (World Health Organization) also play a significant role in promoting the use of hand sanitizers. Increasing consumer awareness about hygiene coupled with such government initiatives are driving the hand sanitizer market.
Plant capacity: -Plant & machinery: 1
Working capital: N/AT.C.I: 1
Return: 1.00%Break even: 1.00%
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Manufacturing of Disposable Personal Protective Equipment (PPE) Kit

The purpose of personal protective equipment is to reduce employee exposure to hazards when engineering controls and administrative controls are not feasible or effective to reduce these risks to acceptable levels. PPE is commonly used in health care settings such as hospitals, doctor's offices and clinical labs. When used properly, PPE acts as a barrier between infectious materials such as viral and bacterial contaminants and your skin, mouth, nose, or eyes (mucous membranes). The barrier has the potential to block transmission of contaminants from blood, body fluids, or respiratory secretions. PPE may also protect patients who are at high risk for contracting infections through a surgical procedure or who have a medical condition, such as, an immunodeficiency, from being exposed to substances or potentially infectious material brought in by visitors and healthcare workers. When used properly and with other infection control practices such as hand-washing, using alcohol-based hand sanitizers, and covering coughs and sneezes, it minimizes the spread of infection from one person to another. Effective use of PPE includes properly removing and disposing of contaminated PPE to prevent exposing both the wearer and other people to infection. The PPE include face shields, gloves, goggles and glasses, gowns, head covers, masks, respirators, and shoe covers. Face shields, gloves, goggles and glasses, gowns, head covers, and shoe covers protect against the transmission of germs through contact and droplet routes. The global personal protective equipment market size was estimated at USD 50.9 billion in 2019 and expected to register a CAGR of 6.6%. Increasing need for respiratory equipment in mining, emergency response, military and law enforcement, healthcare, and fire services, coupled with rising instances of hand injuries at the workplace, is anticipated to propel market growth over the coming years. Growing awareness regarding workers’ health and safety, in addition to rising industrial fatalities primarily in emerging economies owing to lack of personal protective equipment (PPE), is anticipated to steer the market over the forecast years. Technological innovation, accompanied by changing consumer needs for PPE, is further projected to augment market expansion. The outbreak of COVID-19 has increased the demand for PPE products including masks, respirators, protective clothing, and gloves. The manufacturing, aerospace, etc. sectors have supplied PPE to their employees to protect them from the sudden outbreak of the pandemic COVID-19. Also, the manufacturers are working at 100% capacity to supply PPE across the regions owing to increasing demand-supply gap. As a result, the demand for PPE is expected to witness growth over the forecast period. List of Key Companies Operating in the PPE Market are : ? Honeywell International, Inc. ? 3M ? Ansell Ltd. ? Alpha ProTech ? Avon Protection ? DuPont ? COFRA S.r.l. ? Uvex Group ? Mallcom (India) Limited ? MSA ? Blue Eagle ? Udyogi Plastics Pvt. Ltd ? Gateway Safety, Inc. ? Radians, Inc. ? Rock Fall (UK) Ltd ? TEIJIN LIMITED ? TenCate Fabrics ? Acme Safetywears Limited ? Towa Corporation ? Supermax Corporation Berhad ? MCR Safety ? Lakeland Inc. ? L. Gore & Associates, Inc. ? Bullard ? KARA Key Tags - Personal Protective Equipment Kits | Hospital Personal Protective Equipment Kits | Medical Personal Protective Equipment Kits | Hospital PPE Kit | PPE Safety Kit |Personal Protective Emergency Kit | PPE Kit Basic Module | PPE Kit Heavy Duty | Safety Equipment Kit | PPE Kits India
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: 1.00%
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Disposable Nitrile Gloves (Nitrile Examination Hand Gloves)

Disposable Nitrile Gloves (Nitrile Examination Hand Gloves) Nirile gloves are the perfect compromise between latex and vinyl. Nitrile is made from an allergy safe compound that feels a lot like latex but it’s much stronger, costs less, and is more comfortable to wear. Nitrile is perfect for demanding applications, especially cleaning and dishwashing. Nitrile gloves are commonly used as exam gloves, but due to their strength, lend themselves to multiple uses. Nitrile comes in powdered form, sterile, non-sterile and offered at different lengths from wrist to forearm. They are designed for multiple uses that include basic exam room checks, to hazardous materials handling, like working with chemotherapy chemicals. Powder Free Nitrile Gloves are anti-static in behavior, good solvent resistant, odour free, and hence useful in food and dairy industry. Powder-free gloves reduce the cause of allergies by lowering protein and chemical content. Powdered gloves are usually lubricated with cornstarch, which makes them much easier to put on. Cornstarch coatings have replaced other powdering options such as lycopodium powder and talc because these other coating types have been found to irritate tissue. Nevertheless, even cornstarch can impede healing when coming into contact with tissues, so powder-free gloves are often preferred for surgeries and other sensitive procedures. Special Features Latex-free, odour-free and powder-free Can Withstand IPA washing (ISO Propyl Alcohol). Can be used in food industry Ideal for doctors with latex allergy Nitrile gloves are primarily used in the medical sector as a safety tool to prevent the spreading of infection between caretakers and patients. The benefits offered by nitrile gloves include superior strength, longevity, and better protection against bloodborne pathogens. COVID-19 The outbreak of Novel coronavirus disease (now named COVID-19) was initially noticed from a seafood market in Wuhan city in Hubei Province of China in mid-December, 2019, has spread to more than 185 countries/territories worldwide including India. The causative agent for COVID-19, earlier termed provisionally as novel Coronavirus has been officially named as SARS-CoV-2. Mode of transmission There is clear evidence of human-to-human transmission of SARS-CoV-2. It is thought to be transmitted mainly through respiratory droplets that get generated when people cough, sneeze, or exhale. SARS-CoV-2 also gets transmitted by touching, by direct touch and through contaminated surfaces or objects and then touching their own mouth, nose, or possibly their eyes. Healthcare associated infection by SARS-CoV-2 virus has been documented among healthcare workers in many countries. The people most at risk of COVID-19 infection are those who are in close contact with a suspect/confirmed COVID-19 patient or who care for such patients. Nirile Gloves Role When a person touches an object/surface contaminated by COVID-19 infected person, and then touches his own eyes, nose, or mouth, he may get exposed to the virus. Although this is not thought to be a predominant mode of transmission, care should be exercised while handling objects/surface potentially contaminated by suspect/confirmed cases of COVID-19. Nitrile gloves are preferred over latex gloves because they resist chemicals, including certain disinfectants such as chlorine. There is a high rate of allergies to latex and contact allergic dermatitis among health workers. However, if nitrile gloves are not available, latex gloves can be used. Nonpowdered gloves are preferred to powdered gloves. The Global Nitrile Gloves Market is expected to reach USD 3.50 Billion by 2027. Growth in the incidences of epidemic diseases and the subsequent increase in the demand for infection prevention and control utilities are expected to drive the market demand in the forecast period. Asia Pacific market is estimated to witness the fastest growth rate of 6.5% in the nitrile gloves market. This can be chiefly attributed to the growth of the healthcare sector and the food processing industry in the leading countries in this region, especially China, India, and South Korea. Key players of the market are ompanies Ansell, Hartalega Holdings Berhad, Dynarex Corporation, United Glove Inc., Kossan Rubber Industries Ltd., Supermax Corporation Berhad, Rubberex, Adventa Berhad, Kimberly Clark and 3M among others.
Plant capacity: -Plant & machinery: 1
Working capital: 1T.C.I: 1
Return: 1.00%Break even: 1.00%
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Disposable Surgical Face Mask & N95 Masks

A surgical mask is a loose-fitting, disposable mask that’s rectangular in shape. The mask has elastic bands or ties that can be looped behind ears or tied behind head to hold it in place. Which has better bacteria filtration and air permeability while remaining less slippery than woven cloth. The material most commonly used to make them is polypropylene, either 20 or 25 grams per square meter (gsm) in density. Masks can also be made of polystyrene, polycarbonate, polyethylene, or polyester. A properly worn three-ply surgical mask may help block transmission of large-particle microorganisms from droplets, sprays, splatters, and splashes. The mask may also reduce the likelihood of hand-to-face contact. N95 respirators are examples of personal protective equipment that are used to protect the wearer from airborne particles and from liquid contaminating the face. Centers for Disease Control and Prevention (CDC) National Institute for Occupational Safety and Health (NIOSH) and Occupational Safety and Health Administration (OSHA) also regulate N95 respirators. The 'N95' designation means that when subjected to careful testing, the respirator blocks at least 95 percent of very small (0.3 micron) test particles. If properly fitted, the filtration capabilities of N95 respirators exceed those of face masks. Using face-masks in public is very useful in minimising community transmission and burden of COVID-19, provided their coverage level is high. The masks coverage needed to eliminate COVID-19 decreases if the masks-based intervention is combined with strict social distancing strategy. Even the World Health Organization says wearing a medical mask is “one of the prevention measures to limit spread of certain respiratory diseases, including novel coronavirus (SARS-CoV-2), in affected areas”. Transmission through droplets from coughing and sneezing is one of the major routes of virus spread. When worn correctly, a mask can reduce the risk of inhaling droplets containing the virus. Surgical Mask Market size is forecast to reach $66.70 billion by 2025, growing at a CAGR of 5.76% during the forecast period 2020-2025. Advancements in the field of medical surgery and diagnosis and increase in the number of the medical device manufacturing companies along with the frequent outbreak of epidemics are the major factors driving the growth of the market. Increase in the adoption of surgical mask among general population and the rising advancements in the field of medical surgery is set to further enhance the overall market demand of surgical mask during the forecast period 2020-2025. Surgical mask market top companies are Thea Tex Healthcare Pvt. Ltd., Z Plus Disposable, Medicare Hygiene Limited, Mediblue Health Care Private Limited.,Nexera Medical, Planar Tech, Medline Industries Inc., Plasti Surge Industries Pvt. Ltd tc. The N95 mask market is expected to grow at a CAGR of 13.86% over the forecast period to reach US$2,034.594 million by 2025, increasing from US$933.793 million in 2019. Indian N95 mask market include 3M Company, Honeywell, Prestige Ameritech, Kimberly-Clark, Vega Corporation Co, Alpha Pro Tech, and Makrite among others/
Plant capacity: Surgical Face Mask:14400 Pcs Per Day: N95 Face Mask:14400 Pcs. Per DayPlant & machinery: 360 Lakhs
Working capital: N/AT.C.I: Cost of Project: 717 Lakhs
Return: 28.00%Break even: 40.00%
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Ayurvedic /Herbal Hand Sanitizer

Hand hygiene is the best tool in preventing opportunistic infections caused by different micro organisms and to achieve this, the use of hand sanitizers becomes must in current scenario. Right hand washing and drying methods stop the chain of transmission of deadly pathogens (from the contaminated surface/site) form hands to other parts of the body. Hand sanitization is the preeminent aid in preventing nosocomial infections caused by different opportunistic microorganisms and to get this, the use of hand sanitizer becomes must in recent circumstances. Herbal hand sanitizer incorporating the leaves extracts of Ocimumcanctum Linn.(Tulsi)and Eucalyptus globules (Nilgiri), the well-known herbal combination with multidimensional activities; and to evaluate their respective antimicrobial efficacy and safety of hands. Herbal hand sanitizer was prepared using leaves extracts of Ocimum sanctum, Eugenia caryophyllus and Cymbopogon flexuous. The antibiotic sensitivity test of the prepared herbal hand sanitizer against skin pathogens was checked using disc diffusion method and results were compared with commercially available synthetic hand sanitizer. The herbal hand sanitizer gives larger inhibition zone than the commercially available synthetic hand sanitizer against Staphylococcus aureus and Pseudomonas aeruginosa. The efficacy of herbal hand sanitizer was evaluated using microorganism suspensions; which revealed that the herbal hand sanitizer is efficient in reducing higher number of microorganism from the hands as compared to commercial synthetic hand sanitizer. Thus, owing to higher antimicrobial activity and efficacy these herbal extracts can be used in the preparation of herbal hand sanitizers on commercial scale. In the absence of a vaccine or effective antiviral drugs, hand hygiene is a mainstay of efforts to prevent the spread of severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), the virus that causes COVID-19. The sanitiser contains natural extracted oils, which increase the antiseptic properties and act against bacterial contamination. It also provides cooling and natural fragrance along with moisturizing the skin upon use. India hand sanitizer market is projected to surpass $ 43 million by 2025. Growth of hand sanitizer market in India can be attributed to rising awareness about healthy lifestyle & wellness, shifting consumer preference towards convenient hygiene products and rising disposable income. Moreover, the strong marketing activities by leading brands, in addition to huge endorsements, are some other drivers of hand sanitizer market in India. Moreover, the COVID-19 outbreak has boosted demand for sanitizers like never before across the diverse end user segments. The rising healthcare investments for providing a high-end and safer medical environment for healthcare professionals by preventing hospital-acquired infections (HAIs) have augmented the demand for hand sanitizers in the medical sector. Furthermore, as a result of the COVID-19 pandemic in the country, the demand of hand sanitizers has increased exponentially since the start of 2020. This has led to the widening demand-supply gap and highly inflated product prices. Owing to this, several regional manufacturers are expanding their production capacities in compliance with statutory permissions by the government for maximizing the production of hand sanitizers to meet its robust demand. Besides this, the Indian government has also issued production licenses to several distilleries and new manufacturers to produce hand sanitizers in bulk for adequate supply in the country. West India dominated the country’s hand sanitizer market in 2019, and the region is expected to maintain its dominance during the forecast period. Some of the major players operating in India hand sanitizer market are Reckitt Benckiser (India) Ltd., Hindustan Unilever Ltd., Dabur India Ltd., Himalaya Drug Company Pvt. Ltd., ITC Ltd., and others.
Plant capacity: -Plant & machinery: 1
Working capital: N/AT.C.I: 00
Return: 1.00%Break even: 1.00%
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Liquid Hand Wash

Hands are primary mode of transmission of microbes and infections. Hand-washing is critical in food production, food service and also important in healthcare setting, homes and day care preparations. Hand hygiene is therefore the most important measure to avoid the transmission of harmful germs and prevent the infections. Hand hygiene is the single most important, simplest, and least expensive means of preventing nosocomial infections. To protect the skin from harmful micro organisms and to prevent spreading of many contagious diseases, hand washing is absolutely an important precaution. The significance of hand washing is more vital when it is allied to health care workers because of possible contagion of bacteria that can be pathogenic or opportunistic. Liquid soaps contain antimicrobial active ingredients which take away more bacteria as compared to plain soap. For control of Staphylococcal infections in hospitals and other health care’s, it has been found that the greatest benefits from hand washing came from the first 20% of washing and very petite additional benefits were gained when hand clean-up rate was increased beyond 35%. Washing with plain soap results in more than triple the rate of bacterial infectious diseases transmitted to food as compared to washing with antibacterial hand washes. Comparing hand washes with alcohol-based solutions and washing with antibacterial for a median time of 30 seconds, each one showed that the alcohol-based hand washes reduced bacterial contamination 26% more than the antibacterial. But liquid soap and water is the more effective than alcohol-based hand rubs for reducing H1N1 influenza A virus and Clostridium diffcile spores from hands. Liquid hand soap contains anionic surfactant, cocamide dea surfactant, coco betaine as amphoteric surfactant, opaque agent as making opaque, dye, fragrance, glycerine for prevention hand outside conditions and etc. In addition, antibacterial agent for making antibacterial hand liquid soap. Making hand liquid soap for children, can be used soft ingredients. For making natural liquid hand soap as opaque or clear not changing. used natural and herbal oil, potassium hydroxide, water, glycerine, dye and fragrance. These ingredients are used to make saponification for hand liquid soap as natural. One of the best ways to prevent infection from the coronavirus is to avoid being exposed to the virus and stop it from entering in the body. Some of the easiest ways to become infected by a virus is to transfer it from hands to mouth, nose or eyes. Washing hands using hand wash or soap has a dual effect, it primarily washes the virus away from body. It also disrupts the virus so it cannot bind and infect cells. The coronavirus (COVID-19) belong to the family of enveloped viruses. The “envelop” is like a jacket made up of lipids and proteins and protects the virus from the environment and helps it to enter human cells such as lung cells. Liquid hand wash, soaps, detergents and alcohol-based hand sanitizers disrupt the envelop resulting in the inactivation of these types of viruses. The global liquid soap market size was estimated at USD 18.50 billion in 2018. Rising awareness regarding personal hygiene among adults is expected to remain a key driving factor for the market. These liquid formulations are expected to gain popularity as they have low pH levels which make them gentler and suitable for people with sensitive skin. This factor is anticipated to contribute to the widespread adoption of the product in near future. Global Hand Soap market is forecast to witness rapid growth of around 6.7% over the forecast period of 2020-2030. Of all applications, the household segment accounts for more than 70% of the market share. Escalating demand for hand soap was observed in the first quarter of 2020 owing to the COVID-19 pandemic. In the 2nd quarter, the demand is projected to follow an upward trend with increasing awareness about hand hygiene across regions. The key market players include Reckitt Benckiser Group plc.; Procter & Gamble; Unilever; 3M; Lion Corporation; GOJO Industries, Inc.; Kao Chemicals; Godrej Consumer Products; Bluemoon Bodycare; NEW AVON LLC.; and Pental Products etc.
Plant capacity: -Plant & machinery: 1
Working capital: N/AT.C.I: 00
Return: 1.00%Break even: N/A
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Production of Sodium Hypochlorite

Sodium hypochlorite (NaOCl) is a solution made from reacting chlorine with a sodium hydroxide solution. These two reactants are the major co-products from most chlor-alkali cells. Sodium hypochlorite, commonly referred to as bleach, has a variety of uses and is an excellent disinfectant/antimicrobial agent. Sodium hypochlorite (NaOCl) is a compound that can be effectively used for water purification. It is used on a large scale for surface purification, bleaching, odor removal and water disinfection. Sodium hypochlorite is used on a large scale. For example in agriculture, chemical industries, paint- and lime industries, food industries, glass industries, paper industries, pharmaceutical industries, synthetics industries and waste disposal industries. In the textile industry sodium hypochlorite is used to bleach textile. It is sometimes added to industrial waste water. This is done to reduce odors. Hypochlorite neutralizes sulphur hydrogen gas (SH) and ammonia (NH3). It is also used to detoxify cyanide baths in metal industries. Hypochlorite can be used to prevent algae and shellfish growth in cooling towers. In water treatment, hypochlorite is used to disinfect water. In households, hypochlorite is used frequently for the purification and disinfection of the house. Sodium hypochlorite can easily and be stored and transported when it is produced on-site. Dosage is simple. Transport and storage of sodium hypochlorite are safe. Sodium hypochlorite is as effective as chlorine gas for disinfection. Sodium hypochlorite produces residual disinfectant. Sodium hypochlorite is widely used in toilet clearners and mosquito repellents. In some toilet cleaners. Characteristics of sodium hypochlorite • Sodium hypochlorite is a clear, slightly yellowish solution with a characteristic odor. • Sodium hypochlorite has a relative density of is 1,1 (5,5% watery solution). • As a bleaching agent for domestic use it usually contains 5% sodium hypochlorite. • Sodium hypochlorite is a strong oxidator and reacts with flammable compounds and reductors. • Sodium hypochlorite solution is a weak base that is inflammable. Sodium Hypochlorite Market is forecast to reach $151.8 Million by 2025, after growing at a CAGR of 4.82% during 2020-2025. Sodium hypochlorite market demand is expected to drive global demand for household applications as well as for industrial municipal water treatment applications. Sodium Hypochlorite Market is forecast to reach $151.8 Million by 2025, after growing at a CAGR of 4.82% during 2020-2025. Sodium hypochlorite market demand is expected to drive global demand for household applications as well as for industrial municipal water treatment applications.The report covers Sodium Hypochlorite Market size by type. Sodium Hypochlorite Market share by top 5 companies and also the market share by start-ups during the forecast period. Key players operating in the global sodium hypochlorite market include Odyssey Manufacturing Co., AGC group, Sunbelt Chemical Corporations, Orica Watercare, Shanghai Polymet Commodities Ltd., Solvay Chem, Akzo Nobel, BASF Chemicals, Olin Chlor Alkali, Arkema Group, Surpress Chem, Ineos, Sumitomo Chemical, and Aditya Birla. IMPACT OF COVID-19 OUTBREAK ON SODIUM HYPOCHLORITE MARKET EXPECTED TO SECURE NOTABLE REVENUE SHARE DURING 2019-2025
Plant capacity: -Plant & machinery: 1
Working capital: N/AT.C.I: 00
Return: 1.00%Break even: 1.00%
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Production of Latex & Nitrile Gloves

Nitrile is a synthetic rubber compound that is commonly used as a disposable glove material. Nitrile has a higher puncture resistance than any other glove material. Nitrile also has a better chemical resistance than Latex or Vinyl gloves. Nitrile gloves are a more hypoallergenic choice. Created from synthetic rubbers, the incidence of nitrile rubber allergy is extremely low. Nitrile gloves are not packed in powder and are easy to handle directly on removal from the box. Nitrile gloves are considered to be the ideal choice in emergency situations when the allergy status of a patient or user is not known. Nitrile gloves are extremely durable and puncture resistant. Nitrile gloves can withstand exposure to oils, solvents, and chemicals which easily destroy natural latex gloves. Nitrile gloves are commonly used as exam gloves, but due to their strength, lend themselves to multiple uses. Nitrile comes in powdered form, sterile, non-sterile and offered at different lengths from wrist to forearm. They are designed for multiple uses that include basic exam room checks, to hazardous materials handling, like working with chemotherapy chemicals. Powder Free Nitrile Gloves are anti-static in behavior, good solvent resistant, odour free, and hence useful in food and dairy industry. Powder-free gloves reduce the cause of allergies by lowering protein and chemical content. Powdered gloves are usually lubricated with cornstarch, which makes them much easier to put on. Cornstarch coatings have replaced other powdering options such as lycopodium powder and talc because these other coating types have been found to irritate tissue. Nevertheless, even cornstarch can impede healing when coming into contact with tissues, so powder-free gloves are often preferred for surgeries and other sensitive procedures. Nitrile gloves however are not as soft as latex gloves, and are not known for being easy to wear. In fact, their strength is a weakness when dealing with applications that require fine movements and dexterity. Nitrile is also slightly more expensive to produce. Latex comes directly from rubber trees. Latex gloves are the most commonly used disposable gloves because they have been the only strong disposable glove material option on the market. However, now many hospitals and clinics have begun replacing their latex gloves with nitrile gloves. Latex gloves are often preferred by healthcare providers since they provide the best service when it comes to elasticity, comfort and fit. Surgeons in particular benefit from latex gloves since they are great for sensitive work, since they offer more precision with high tactile sensitivity. While there are allergy concerns with latex gloves, they are sometimes more favorable to users over a nitrile glove mainly due to comfort and strength. Generally Latex gloves will be more comfortable, sensitive, and provide better grip, although the modern advances in nitrile glove manufacturing has seen nitrile gloves become more comfortable, thinner, with better dexterity. LATEX GLOVES from The Safety Zone provide the best feel, fit and dexterity. Latex gloves are available in both lightly powdered and powder free options in a variety of thicknesses. Lightly powdered latex gloves are produced with a food grade corn starch powder, making donning easier especially when hands are wet. Powder free gloves go through an extra process of chlorinating the gloves to ease donning. Polymer coated latex gloves provide an additional barrier to prevent latex proteins from touching the skin. The physical properties of latex offer protection from bio hazardous risks whilst superior elasticity and tensile strength. These properties provide unsurpassed user comfort and a reasonable resistance to cuts and abrasions. As latex gloves are manufactured from a naturally occurring substance, they possess greater biodegradability and are kinder to the environment than Vinyl and Nitrile gloves, which are manufactured from man-made synthetic materials. GLOVE TYPE DEFINITION ADVANTAGE PROTECTION LEVEL Latex Gloves Made of natural rubber Highest comfort, Bacteria, viruses flexibility, fit and tactile sensitivity Nitrile Gloves Made of synthetic material Stretchy, durable Chemicals, viruses Special Features Nitrile gloves • Mould to your hand for a great fit • Latex free • Good durability • Excellent puncture resistance • Have a long shelf life • Available in powdered and powder free • Can be worn for longer periods of time • Work well for high-risk situations involving infectious materials Special Features Latex gloves • Fit like a second skin • They are cost effective • They are biodegradable so better for the environment • Very elastic and strong • Preferred in the medical industry over nitrile as they are made from a natural source • Good dexterity Market of Nitrile Gloves The Global Nitrile Gloves Market is expected to reach USD 3.50 Billion by 2027. Growth in the incidences of epidemic diseases and the subsequent increase in the demand for infection prevention and control utilities are expected to drive the market demand in the forecast period. Nitrile gloves are primarily used in the medical sector as a safety tool to prevent the spreading of infection between caretakers and patients. The benefits offered by nitrile gloves include superior strength, longevity, and better protection against bloodborne pathogens. Asia Pacific market is estimated to witness the fastest growth rate of 6.5% in the nitrile gloves market. This can be chiefly attributed to the growth of the healthcare sector and the food processing industry in the leading countries in this region, especially China, India, and South Korea. Key players of the market are ompanies Ansell, Hartalega Holdings Berhad, Dynarex Corporation, United Glove Inc., Kossan Rubber Industries Ltd., Supermax Corporation Berhad, Rubberex, Adventa Berhad, Kimberly Clark and 3M among others. Market of Latex Gloves Latex gloves are natural material, made out of rubber. Gloves are disposable items used during medical examinations and procedures intended to prevent cross-contamination between healthcare providers and patients. Examination gloves are sized in XS, S, M and L. Some brands also offer size XL. Gloves are mainly used by healthcare professionals generally for examination and surgery. Surgical gloves are generally sized more specifically since they are worn for a much longer period of time and require excellent dexterity. There are various benefits of latex gloves such as properly fit to skin, good touch sensitivity, cost-effective, can be worn for an extended amount of time, elastic & strong and most importantly it is biodegradable. India disposable gloves market generated $303 million in 2017, and is projected to reach $760 million by 2025, growing at a CAGR of 12.4% from 2018 to 2025. In terms of volume, the market is growing at a CAGR of 8.3% from 2018 to 2025. The key players operating in the India disposable gloves market include Ansell Limited, Hartalega Holdings Berhad (Gloveon), B. Braun Melsungen AG, Semperit AG Holding, Medline Industries, Inc., MRK Healthcare Pvt. Ltd., RFB Latex Limited, Primus Gloves Private Limited, Kanam Latex Industries Pvt. Ltd., and Asma Rubber Products Pvt. Ltd. The other players operating in this market include Sara Healthcare P Ltd., Vijayalakshmi Health & Surgicals Pvt. Ltd., Dahanu Rubber Gloves Manufacturing Co., Plasti Surge Industries Pvt. Ltd., Safeshield India Rubber Products Pvt. Ltd., Sara Healthcare Pvt. Ltd., and 3p India. Role of gloves in covid-19 Medical gloves are used by health care personnel to prevent the spread of infection or illness. Medical gloves are disposable and include patient examination gloves and surgeon’s gloves. To help expand the availability of medical gloves, the FDA is providing regulatory flexibility, as described in the enforcement policy for gloves that is in effect during the COVID-19 public health emergency. When a person touches an object/surface contaminated by COVID-19 infected person, and then touches his own eyes, nose, or mouth, he may get exposed to the virus. Although this is not thought to be a predominant mode of transmission, care should be exercised while handling objects/surface potentially contaminated by suspect/confirmed cases of COVID-19. Nitrile gloves are preferred over latex gloves because they resist chemicals, including certain disinfectants such as chlorine. There is a high rate of allergies to latex and contact allergic dermatitis among health workers. However, if nitrile gloves are not available, latex gloves can be used. Non-powdered gloves are preferred to powdered gloves
Plant capacity: 1Plant & machinery: 1
Working capital: 00T.C.I: 00
Return: 1.00%Break even: 1.00%
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Bleaching Powder

Bleaching powder is calcium hypochlorite ( Ca(OCl)2 ). Bleaching powder is a white - yellowish powder which very well dissolves in water. It is a one of the major chemical industry in the world. Limestone and chlorine gas are used as raw materials to manufacture bleaching powder which is used as a disinfectant and as an oxidizing agent. It is an inorganic compound. Bleaching powder is one of the most widely used bleaching, sanitation and disinfecting agents in the world. Bleaching powder is considered to be the best product to be used in swimming pool water treatment. As a mixture with lime and calcium chloride, it is marketed as chlorine powder for water treatment and as a bleaching agent. Calcium hypochlorite is an integral component of bleaching powder which also includes calcium chloride and slaked lime. Calcium hypochlorite is the second most used chemical type in the hypochlorite market; sodium hypochlorite (liquid bleach) being the most used type. Bleaching powder is extensively used as a chlorine compound, which is highly effective against several micro organisms such as algae, bacteria, fungi, slime and other harmful and unwanted micro-organisms which exist in the environment. The market is primarily driven by its use in swimming pools, hot tub water and spas. It is used in the swimming pools to kill thriving micro organisms which pose a threat to human health and also to prevent contamination. Strong solutions of Bleaching powder are used to disinfect and sanitize pool sides, pool bottom, diving boards, decks, ladders and other surfaces. It is also extensively used to treat waste water and disinfect sewages. It is commonly used as a bleaching agent and also finds application as industrial sanitizer. Characteristics of bleaching powder • Bleaching powder is a pale yellowish powder existing with a strong smell of chlorine. • It is soluble in water but due to the presence of impurities. • Its chemical formula is CaOCl2 with its chemical name as Calcium hypochlorite. Uses: • As a disinfectant and germicide especially in the sterilization of drinking water. • For the manufacture of chloroform. • For making wool unshrinkable. • As an oxidising agent in the industry. The global Bleaching Powder market is anticipated to rise at a considerable rate during the forecast period, between 2020 and 2026. In 2020, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon. The Bleaching Powder market provides a bird’s eye view of the current proceeding within the Bleaching Powder market. Further, the impact of the novel COVID-19 pandemic on the Bleaching Powder market and offers a clear assessment of the projected market fluctuations during the forecast period. The different factors that are likely to impact the overall dynamics of the Bleaching Powder market over the forecast period (2019-2029) including the current trends, growth opportunities, restraining factors etc. The key players of the market are Swastik Chemicals, Olin Chlor Alkali, Aditya Birla Chemicals, Lords Chloro Alkali Limited, GACL, Sree Rayalaseema Hi-Strength Hypo Ltd, Suvidhi Industries, OxyChem, Kuehne, Clorox, Hill Brothers Chemical, Vertex Chemical, HASA etc.
Plant capacity: -Plant & machinery: 1
Working capital: N/AT.C.I: 00
Return: 1.00%Break even: N/A
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Modern Technology of Synthetic Resins & Their Applications (2nd Revised Edition) (Acetal, Acrylonitrile, Alkyd, Amino, Casein, Cashew nut Shell Liquid, Epoxy, Phenolic, Polyamide, Polyurethane, Rubber, Silicon, Polyvinyl Acetate, Shellac, Sucrose, Terpene

Modern Technology of Synthetic Resins & Their Applications (2nd Revised Edition) (Acetal, Acrylonitrile, Alkyd, Amino, Casein, Cashew nut Shell Liquid, Epoxy, Phenolic, Polyamide, Polyurethane, Rubber, Silicon, Polyvinyl Acetate, Shellac, Sucrose, Terpene Resins) (2nd Revised Edition) Synthetic resins or polymers refers to a molecule that's created of several (poly) components (mers). These subunits or mers represents the only repetition chemical structural unit from that the compound consists these subunits are capable of conformist to infinite no. of configurations with entirely completely different chemical and physical properties this makes them a unique proposition for various applications in dentistry Synthetic resins, it's important to understand the difference between different types. First, there are similarities shared between all synthetic resins. They’re not too dissimilar from natural plant resins. This suggests that they need viscous liquids. These liquids are capable of hardening for good. Besides this one connecting feature, the two resins are very with chemicals totally different. When dealing with synthetic resins, it's important to understand the difference between differing kinds. First, there are similarities shared between all synthetic resins. They’re not too dissimilar from natural plant resins. This suggests that they have viscous liquids. These liquids are capable of hardening permanently. Besides this one connecting feature, the two resins are terribly chemically totally different. The most commonly used variety of synthetic resin is epoxy resin. These things is formed through polymerization and polycondensation reactions. They’re used as a thermosetting polymer that's used for adhesives. Epoxy resins are very sturdy. It’s even stronger than concrete, whereas also remaining waterproof. You’ll most likely notice flooring corporations using this type of resin. Synthetic resin are used in a variety of products such as plastics, paints, varnishes, and textiles. There are various kinds of synthetic resins; Acetal resins, amino resins, casein resins, epoxy resins, hydrocarbon resins, polyamide resins, etc. The classic variety is epoxy resin, manufactured through polymerization, used as a thermoset polymer for adhesives and composites. Epoxy resin is two times stronger than concrete, seamless and waterproof. Polyamide resin is another example of synthetic resins. Polyamide resins are products of polymerization of an amino acid or the condensation of a diamine with a carboxylic acid. They are used for fibers, bristles, bearings, gears, molded objects, coatings, and adhesives. The term nylon formerly referred specifically to synthetic polyamides as a class. Because of many applications in mechanical engineering, nylons are considered engineering plastics. Resins are valued for their chemical properties and associated uses, such as the production of varnishes, adhesives, lacquers, paints, rubber and pharmaceutical uses Applications:- Packaging Building Material Automotive Electronics Market outlook:- Synthetic resins are non-crystalline or viscous liquid substances. They consist of numerous synthetic materials which have similar properties to natural resins. However, the chemical composition of synthetic resins is different from natural resins. Synthetic resins are broadly differentiated into thermoplastic and thermosetting synthetic resins based on the procedure of their formation processes (esterification and/or soaping of organic compounds). Some of the common thermoplastic synthetic resins include polyethylene, polypropylene, ABS, PET, PVC, polycarbonate, polyurethane, and nylon, among others. Some of the common thermosetting synthetic resins include phenolic, polyurethanes, and epoxy resins, among others. Synthetic resins are materials with a property of interest that's almost like natural plant resins they're viscous liquids that are capable of hardening permanently. Otherwise, with chemicals they're terribly totally different from the various resinous compounds secreted by plants. Synthetic resins comprise an outsized category of synthetic product that have a number of the physical properties of natural resins however are totally different with chemicals. Synthetic resins aren't clearly differentiated from plastics. The growth of the synthetic resins market can be attributed to the high demand from the packaging sector due to favorable properties, including lightweight and ability to act as an excellent barrier, which allows for their usage in applications such as barrier packaging, shrink wraps, and pharmaceutical packaging. The synthetic resins procurement ways because of the growing environmental concerns over the usage of synthetic resins. Considering this, it's imperative for consumers to partner with suppliers that incorporate sustainability into their production processes and facilitate them in achieving their sustainability goals. A number of the green initiatives that consumers ought to think about are recycling measures, environmental audits of raw materials utilized by suppliers, among others. The global Synthetic Resin market was valued at million US$ in 2018 and will reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025. The globally flourishing construction sector is one of the largest consumers of raw materials such as steel, various forms of industrial chemicals, polymers and engineering plastics. Demand for epoxy resins is surfacing due to modern infrastructural developments and consequently augmenting sustainable resins market growth. Epoxy resins are applied in the production of coatings, adhesives, paints, plastics, primers and sealers, flooring and innumerable products and other materials that are used for building and construction operations. Key Players:- Huntsman International LLC, MCC Chemicals, Inc., UPC Technology Corporation, Bayer AG, DSM, Assa Abloy AB, Akolite Synthetic Resins, Sinopec Corporation, Formosa Plastics Group, Purolite, Kansai Paint Co., Ltd., Lawter, Inc., D.S.V Chemicals, RÜTGERS Group, The Dow Chemical Company, NAN YA PLASTICS Corporation, Momentive, KUKDO CHEMICAL. Co. Ltd., Gellner Industrial, LLC, Synresins Ltd., Chang Chun Group Tags:- #OrganicCompounds, #SyntheticResins #businessideas #businessgrowth #entrepreneur #startupidea #startyourbusiness #projectreport #DetailedProjectReport #businessconsultant #businessfeasibilityreport #BusinessPlan
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Return: 1.00%Break even: N/A
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