How to Start Manufacturing Business of Glycerol Monostearate

 

Glycerol monostearate, also known as GMS is an organic chemical that serves for emulsification. GMS is a white, odorless, and sweet-tasting powder that is hydrophilic. This is the glycerol ester that contains the acid stearic. It is naturally present inside the body and is a result of the degrading of fats by pancreatic Lipase and can also be found in foods that contain fats.

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GMS is an ingredient used in food products to thicken, emulsify anti-caking, preservative, and thickening agent; an emulsifying ingredient for waxes, oils, and solvents; a protective coating for hygroscopic powders, as a solidifier and release agent for control in pharmaceuticals; and also a resin lubricant.

 

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It is also utilized in hair care and cosmetic products. GMS is mostly used in baking products to give "body" to the food. It's the reason why it gives the whipped and ice cream their smooth texture. It is also used to prevent staling in bread.

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Market Trends

India Glycerol Monostearate Market is projected to grow to USD 85.30 Million by 2022. India is predicted to experience the highest growth rate shortly. This is due to the increasing popularity of the fast-food culture in western countries across the world. India is expected to account for significant shares of the global market for glycerol-based monostearate due to the dramatic growth in the dairy industry as well as the presence of large manufacturers of glycerol monostearate in this region. There has been a tremendous increase in the industry for food in India that is predicted to drive the development of the glycerol monostearate market over the coming years.

Global Glycerol Monostearate Market Estimated to Cross USD 85.30 Million in 2022.

 

The market for glycerol-based monostearate can be classified according to the type of application into thickening, emulsifier as well as anti-caking, stabilizer, and others. Emulsifiers are the top segment due to the high demand from the food and cosmetics industry. Emulsifier was responsible for a significant market share in the year 2016. The application of thickening is expected to grow over the next few years. Some of the most significant consumers of Glycerol Monostearate include food and beverage as well as cosmetics, pharmaceutical, and others. Glycerol monostearate plays an essential function in the food and beverage and cosmetics industry. It serves as an emulsifier in mixing liquids and oils. The food and beverage industry was the dominant player in the market for glycerol monostearate, with a significant part of the global market for glycerol monostearate. The cosmetics industry is predicted to see a huge increase in the next few years. Pharmaceutical is also predicted to drive the growth of the market during the forecast time frame due to the use of glycerol monostearate as a stabilizing agent in the production of pharmaceuticals.

Watch Video: Glycerol Monostearate Manufacturing Industry | Production of Glycerol Monostearate (NSE/SE Grade).

Based on the application market, the glycerol monostearate industry is divided into thickening, emulsifier as well as an anti-caking, stabilizer, and many other uses. The various end-users of Glycerol Monostearate are pharmaceutical, food & drink cosmetics, and another end-user.

Raw material specifications:

      The primary ingredient for the production of glycerol is crude Glycerin, which is 80percent pure. It is derived from numerous sources, including splitting fat as well as saponification (adding caustic soda to fat in the process of neutralizing).

      The other raw material needed by the project in question. It is the packing material used for the final products.

      The most crucial aspect is the power in the business.

      The other most important thing is water.

      We then require fuel.

      Technology and engineering

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Benefits of Glycerol Monostertate:

      Glycerol has been proven to be beneficial in fighting dehydration within the body. It assists the body in retaining fluids and boosts hydration. With the help of glycerol, the body absorbs it quickly and releases it into various areas of the body quickly.

      It could also help reduce pressure on the brain due to health issues. It's used to provide hydration to the body, but it may also decrease fluids in specific parts of the body, such as the eyes and brain.

      It has received much attention due to its advantages to athletes by encouraging hydration and muscle growth.

      It can also help increase muscle growth. It boosts blood circulation.

      It is commonly utilized in food items for emulsification. It also interacts in conjunction with various other components, such as air, which prevents crystallization.

      It's used to improve personal care products. Once it is in the body, it is absorbed as a normal bodily chemical rather than absconding with it because of its harmful ingredients.

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Manufacturing Process of Glycerol Monostearate in India:

After 90% pure crude glycerin, there remains contaminated by soap, methanol, and water. The plant in the plan will gather the crude glycerin of biodiesel plants and soap production plants to refine it to 100% pure. Then it will market it. Refinement is a process that involves the removal of contaminants like salts, unreacted fats organic non-glycerin matter, and water. After recovering from the curd still, the deodorizer can further purify the Glycerin. It is then cooled by the activated carbon beds.

Scope of Glycerol Monostearatee in India: India's Glycerol market is expected to be $3.12 billion before 2021, up from $2.19 billion as of 2016. It is expected to grow by an increase of 6.8 percent by 2026. Demand for the technical grades is forecast to see the highest growth in the next few years. Globally, the glycerin industry is growing because of the increasing demand in the Asia-Pacific region. One of the biggest opportunities for growth in personal care comes from the rapid urbanization process, the growing disposable incomes, and the growing demand for natural ingredients by consumers.

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Why NIIR?

NIIR initially focuses on increasing the fundamental knowledge of the business owner about the primary product by providing information on the definition of the product as well as its applications and uses and industry segmentation and an overview of the segment in India. NIIR will help business people identify the market segment for their product. It also assists in making the right investment choice by identifying and analyzing factors that influence the expansion of consumption within India and also discusses the international trade of the product as well as the top importers and exporting countries. The report given by NIIR includes graphic representations and forecasts for the key information discussed in the previously described segment. It also discusses the expansion capacity of the item.

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Ø  Introduction

·         Project Introduction

·         Project Objective and Strategy

·         Concise History of the Product

·         Properties

·         BIS (Bureau of Indian Standards) Provision & Specification

·         Uses & Applications

 

Ø  Market Study and Assessment

·         Current Indian Market Scenario

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Project at a Glance

Along with financial details as under:

 

  •     Assumptions for Profitability workings

  •    Plant Economics

  •    Production Schedule

  •    Land & Building

            Factory Land & Building

            Site Development Expenses

  •    Plant & Machinery

             Indigenous Machineries

            Other Machineries (Miscellaneous, Laboratory etc.)

  •    Other Fixed Assets

            Furniture & Fixtures

            Pre-operative and Preliminary Expenses

            Technical Knowhow

            Provision of Contingencies

  •   Working Capital Requirement Per Month

             Raw Material

            Packing Material

            Lab & ETP Chemical Cost

           Consumable Store

  •   Overheads Required Per Month And Per Annum

         Utilities & Overheads (Power, Water and Fuel Expenses etc.)

             Royalty and Other Charges

            Selling and Distribution Expenses

  •    Salary and Wages

  •    Turnover Per Annum

  •   Share Capital

            Equity Capital

            Preference Share Capital

 

  •    Annexure 1:: Cost of Project and Means of Finance

  •    Annexure 2::  Profitability and Net Cash Accruals

                Revenue/Income/Realisation

                Expenses/Cost of Products/Services/Items

                Gross Profit

                Financial Charges     

                Total Cost of Sales

                Net Profit After Taxes

                Net Cash Accruals

  •   Annexure 3 :: Assessment of Working Capital requirements

                Current Assets

                Gross Working. Capital

                Current Liabilities

                Net Working Capital

                Working Note for Calculation of Work-in-process

  •    Annexure 4 :: Sources and Disposition of Funds

  •    Annexure 5 :: Projected Balance Sheets

                ROI (Average of Fixed Assets)

                RONW (Average of Share Capital)

                ROI (Average of Total Assets)

  •    Annexure 6 :: Profitability ratios

                D.S.C.R

                Earnings Per Share (EPS)

               

             Debt Equity Ratio

        Annexure 7   :: Break-Even Analysis

                Variable Cost & Expenses

                Semi-Var./Semi-Fixed Exp.

                Profit Volume Ratio (PVR)

                Fixed Expenses / Cost 

                B.E.P

  •   Annexure 8 to 11:: Sensitivity Analysis-Price/Volume

            Resultant N.P.B.T

            Resultant D.S.C.R

   Resultant PV Ratio

   Resultant DER

  Resultant ROI

          Resultant BEP

  •    Annexure 12 :: Shareholding Pattern and Stake Status

        Equity Capital

        Preference Share Capital

  •   Annexure 13 :: Quantitative Details-Output/Sales/Stocks

        Determined Capacity P.A of Products/Services

        Achievable Efficiency/Yield % of Products/Services/Items 

        Net Usable Load/Capacity of Products/Services/Items   

       Expected Sales/ Revenue/ Income of Products/ Services/ Items   

  •    Annexure 14 :: Product wise domestic Sales Realisation

  •    Annexure 15 :: Total Raw Material Cost

  •    Annexure 16 :: Raw Material Cost per unit

  •    Annexure 17 :: Total Lab & ETP Chemical Cost

  •    Annexure 18  :: Consumables, Store etc.,

  •    Annexure 19  :: Packing Material Cost

  •    Annexure 20  :: Packing Material Cost Per Unit

  •    Annexure 21 :: Employees Expenses

  •    Annexure 22 :: Fuel Expenses

  •    Annexure 23 :: Power/Electricity Expenses

  •    Annexure 24 :: Royalty & Other Charges

  •    Annexure 25 :: Repairs & Maintenance Exp.

  •    Annexure 26 :: Other Mfg. Expenses

  •    Annexure 27 :: Administration Expenses

  •    Annexure 28 :: Selling Expenses

  •    Annexure 29 :: Depreciation Charges – as per Books (Total)

  •   Annexure 30   :: Depreciation Charges – as per Books (P & M)

  •   Annexure 31   :: Depreciation Charges - As per IT Act WDV (Total)

  •   Annexure 32   :: Depreciation Charges - As per IT Act WDV (P & M)

  •   Annexure 33   :: Interest and Repayment - Term Loans

  •   Annexure 34   :: Tax on Profits

  •   Annexure 35   ::Projected Pay-Back Period And IRR