14 Project Profiles of Most Profitable Businesses in 2019. Best Money Making Business Ideas
Dextrose 5%
Dextrose is the name of a simple sugar that is made from corn and is chemically identical to glucose, or blood sugar. Dextrose is often used in baking products as a sweetener, and can be commonly found in items such as processed foods and corn syrup.
Dextrose also has medical purposes. It is dissolved in solutions that are given intravenously, which can be combined with other drugs, or used to increase a person’s blood sugar. Because dextrose is a “simple” sugar, the body can quickly use it for energy.
Dextrose is a form of glucose derived from starches. It is one of the most commonly used ingredients in packaged foods because of its affordability and wide availability. Baking products and desserts often contain dextrose, but it may be used as an added sugar in any processed food that is sweetened by the manufacturer. Because the name varies depending on its original starch source, you may not realize a particular food contains dextrose.
Dextrose 5% in water is sometimes used as a diluent (liquid) for preparing injectable medication in an IV bag. A diluent provides a large amount of fluid in which to dilute a small amount of medicine. The diluent helps carry the medicine into your bloodstream through the IV. This helps your caregivers inject the medicine slowly and more safely into your body.
Global glucose (dextrose) market is expected to witness a rapid increase in demand due to the rise in consumption of glucose syrup over the forecast period. Glucose syrup accounts for a majority share in the global starch derivatives market owing to its wide range use in the manufacture of candy products and is poised to grow at a very intense rate by the end of 2020. Some other derivatives of glucose include maltodextrin, hydolysates and cyclodextrin. Glucose is primarily used along with sugar as it exhibits complimentary characteristics to natural sugar such as preventing sugar from crystallizing, reducing stickiness of sugar and retention of extra moisture. Glucose is extensively used as an additive in pharmaceuticals and nutrition foods owing to its high energy content. Over the past few years, there has been an increasing use of glucose in the form of tablets or medicine for patients having low blood sugar. Growth of the pharmaceutical industry is expected to augment demand for glucose over the forecast period.
Synthetic Rubber
Rubber in its native form is basically useless. It is only when certain chemicals are added; the rubber thus produced is used to make varied rubber products. Synthetic rubber is used as a substitute for natural rubber in many cases. Depending on the chemicals added and the properties associated with it, the synthetic rubber can be as hard as a bowling ball or as resilient as a rubber band or as soft as a sponge.
When improved material properties are required, synthetic rubber is considered. Approximately 70% of all rubber used today are one from many synthetic rubber varieties.
The synthetic rubber market is expected to register a CAGR of 5.6% between 2018 and 2023 (the forecast period). The market is expected to be augmented by the growing demand for synthetic rubber products in the automotive Industry. Additionally, increasing consumption of styrene in athletic footwear is anticipated to fuel the demand during the forecast period.
Demand for synthetic rubbers is split by the application areas tires, automotive applications, industry and construction, modification of materials (that is the admixture with other materials) as well as by the group of other applications. The most important sales market in 2017 was the segment tires: 58% of total global demand were accounted for by applications in original equipment and replacement tires. Rubbers are also used for numerous other products in the automotive industry: for example for hoses, cables, seals as well as window and door profiles.
The second largest application area for rubbers are elastically deformable engineering products with a stable shape such as conveyor belts, roll covers, hoses, profiles, seals, cables, molded parts, and roofing films. Ranging from the chemical industry, engineering, and construction to electrics and electronics, increasing number of rubber products are needed.
Rapidly expanding footwear market across the globe is also expected to augment the growth of the synthetic rubber market. However, the report mentions that oversupply of synthetic rubber due to consistent capacity additions will restrain the market during the forecast horizon. The increasing substitution of synthetic rubber by natural rubber will also hamper the growth of the market. The overall synthetic rubber market has a huge opportunity to grow with the emergence of bio-based feedstock.
The automotive industry is one of the fastest growing industries in the world, and it is directly related to the synthetic rubber industry. About 75% of the world’s rubber production (both natural and synthetic) is involved in the production of tires. In other words, the automotive end-user segment dominates the global synthetic rubber market. The rapid growth of the automotive industry, especially in the Asia-Pacific and the Middle East & Africa region, is driving the demand for synthetic rubber, due to its diverse and various applications.
Open End Spinning Unit
Open-end spinning is a technology for creating yarn without using a spindle. It is also known as break spinning or rotor spinning. The principle behind open-end spinning is similar to that of a clothes dryer spinning full of sheets.
Open end spinning is also known as break spinning or free fibre spinning. In this process the fibrous material is highly drafted to separate out the individual fibres. The individual fibres are subsequently collected onto the open end of the yarn. This is rotated to twist the fibre into the yarn structure to form a continuous strand of yarn. This is wound onto a bobbin to form the yarn package. The twisting action occurs simultaneously with but separately from the winding action, unlike ring spinning where twisting and winding actions occur together.
Advantages of Open end spinning System:
· lower power consumption per unit quantity of yarn produced
· higher speed of twist insertion resulting in very high yarn delivery speed
· a significant resulting increase in productivity
· larger delivered package size
· elimination of some processes such as roving and winding
· more uniform yarns
Microcrystalline Wax from Sludge of Petrochemical Refinery
Microcrystalline waxes are a type of wax produced by de-oiling petrolatum, as part of the petroleum refining process. In contrast to the more familiar paraffin wax which contains mostly unbranched alkanes, microcrystalline wax contains a higher percentage of is paraffinic (branched) hydrocarbons and naphthenic hydrocarbons. It is characterized by the fineness of its crystals in contrast to the larger crystal of paraffin wax. It consists of high molecular weight saturated aliphatic hydrocarbons. It is generally darker, more viscous, denser, tackier and more elastic than paraffin waxes, and has a higher molecular weight and melting point. The elastic and adhesive characteristics of microcrystalline waxes are related to the non-straight chain components which they contain. Typical microcrystalline wax crystal structure is small and thin, making them more flexible than paraffin wax. It is commonly used in cosmetic formulations.
Increasing demand for the decorative, scented, designer candles, packaging and cosmetics use, growing percent of tires and rubber related products contributes to the growth of microcrystalline wax. Moreover, the increasing inclination towards the natural waxes, highly preferable wax properties such as elasticity, melting point, and flexibility favor the growth of microcrystalline wax. The cosmetic industry is a rapidly growing market facilitating the growth of the microcrystalline wax market as people are more conscious and concern about their looks and appearances. The macroeconomic factors such as growing trend for the scented and designer candles, per capita income and increasing spending power ratio facilitate the market to gain traction in the forecast period.
The estimated value of the microcrystalline wax market in 2018 is US$ 810.4 Mn, which is expected to expand at a CAGR of 3.9% and reach US$ 1,102.3 Mn by the end of 2026. In addition, the microcrystalline wax market is projected to create an incremental $ opportunity worth US$ 291.9 Mn during the forecast period.
Automobile Parts
The Indian auto-components industry has experienced healthy growth over the last few years. Some of the factors attributable to this include: a buoyant end-user market, improved consumer sentiment and return of adequate liquidity in the financial system. The auto-component industry of India has expanded by 14.3 per cent because of strong growth in the after-market sales to reach at a level of Rs 2.92 lakh crore (US$ 43.55 billion) in FY 2016-17. The industry is further expected to grow to US$ 47-49 billion in FY18.
The auto-components industry accounts for 2.3 per cent of India’s Gross Domestic Product (GDP) and employs as many as 1.5 million people directly and indirectly each. A stable government framework, increased purchasing power, large domestic market, and an ever increasing development in infrastructure have made India a favorable destination for investment.
The Indian auto-components industry can be broadly classified into the organized and unorganized sectors. The organized sector caters to the Original Equipment Manufacturers (OEMs) and consists of high-value precision instruments while the unorganized sector comprises low-valued products and caters mostly to the aftermarket category.
The total value of India’s automotive exports stood at Rs 73,128 crore (US$ 10.9 billion) in 2016-17 as compared Rs 70,916 crore ($10.8 billion) in the year 2015-16. This has been driven by strong growth in the domestic market and increasing globalization (including exports) of several Indian suppliers. Auto-component exports from India are expected to grow 7-9 per cent in FY18, backed by stronger global growth and higher exports to emerging nations. Growth is further expected to accelerate to 8-10 per cent in FY19 due to pick up in global scenario.
Rubber Plantation
Basically rubber is an elastic solid material retrieved from latex of many tropical trees. However, “Hevea brasiliensis” is the most commercially cultivated rubber plant. Rubber is used for many purposes which may include erasers to tyres, tubes & industrial products.
Rubber finds application in number of products, which are used in all industries. India is the third largest producer and fourth largest consumer of natural rubber in the world and also the fifth largest consumer of natural rubber & synthetic rubber put together.
The latest trend gaining momentum in the market is bio-based tires helping market growth. The tires used in automotive vehicles are going to be bio-based during the forecast period. There is a great turmoil in the rubber industry to manufacture automotive vehicle tires made from renewable raw materials.
A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. Regionally, Thailand is the biggest production area of natural rubber, about 30.41% production market share of the global production in 2016, also the leader in the whole natural rubber industry. Then Indonesia, Vietnam, Malaysia, China and Indian are the main production regions in turn.
The global production of natural rubber has reached 13030.2 K MT by the end of year 2016, with annual growth rate around 2-3% during the past years.
Soft & Hard Ferrites
Ferrite is a ceramic material made by mixing and firing large proportions iron (III) oxide (Fe2O3, rust) blended with small proportions of one or more additional metallic elements, such as barium, manganese, nickel, and zinc. They are both electrically non-conductive, meaning that they are insulators, and ferrimagnetic, meaning they can easily be magnetized or attracted to a magnet. Ferrites can be divided into two families based on their resistance to being demagnetized (magnetic coercivity).
Soft ferrite is an iron-oxide-based soft magnetic material. This material features high electrical resistance and outstanding magnetic characteristics in high-frequency range although saturation flux density is slightly lower than other soft magnetic materials.
Hard ferrite magnets (or "hard ferrites"), which have a high remanence after magnetization, are composed of iron and barium or strontium oxides. In a magnetically saturated state they conduct magnetic flux well and have a high magnetic permeability. This enables these so-called ceramic magnets to store stronger magnetic fields than iron itself. They are the most commonly used magnets in radios.
Growing demand for electronics has been a major factor driving growth for ferrite. Increase in disposable income of consumers in the emerging economies leading to growth in several end user segments also has been a major factor driving growth for the industry. Low cost, high efficiency, easy availability is amongst the major factors driving growth for soft ferrite. Research and development activities to increase application scope of ferrite are expected to offer huge growth opportunity for the market.
Asia Pacific dominates the global ferrite market in terms of consumption and the trend is expected to continue during the forecast period. Demand for ferrite in the region is primarily driven by the emerging economies of India and China. Other major markets for ferrite include North America, Western Europe and Japan. These developed economies are expected to grow at a sluggish rate mainly owing to saturation of end user segments. Growing demand for ferrite in nuclear energy segment is expected to offer huge growth opportunity in the market. Africa and Latin America are expected to drive the market growth in the Row segment.
Cocoa Butter and Cocoa Powder
Cocoa butter is a pure, stable fat that is pressed out of cacao beans. It is considered a vegetable fat. It is also vegan and contains no dairy products, despite using the word butter in its name. Cocoa butter is usually extracted by the Broma process, letting the butter drip off of roasted cocoa beans in a hot room. The beans are then ground into cocoa powder while the butter is used in making chocolate and personal care products.
Cocoa powder is an unsweetened powder produced by grinding cacao beans and pressing out the cocoa butter, better known as fat. The resulting cocoa powder is low in fat, but has an intense chocolate taste. It is most commonly used in baked goods, where it is mixed with sugar and fats, such as butter, margarine, or coconut oil. While sugar can add to your waistline, it is not considered a fat. The Cocoa Butter Market can be segmented on the basis of form, types, end-user, packaging, distribution channel and region.
By form, cocoa butter market can be segmented into solid and liquid form. Among the two forms, the solid form is the highest supplied product in the market by the manufacturers and is expected to grow further in the forecast period. Liquid cocoa butter is supplied in tanks while the solid is supplied in blocks, cubes and chips boxes.
By types, cocoa butter market can be segmented into organic, conventional, and deodorized cocoa butter. The organic cocoa butter is made by expeller pressed extraction process, the conventional cocoa butter is made by pure prime pressed extraction process and the deodorized cocoa butter is fully deodorized by a physical process and is mostly used for chocolate production.
By end-user, cocoa butter market can be segmented into food industry, pharmaceutical industry, aromatherapy, cosmetics and personal care industry. In the food industry, cocoa butter is used in the production of confectionery products such as chocolates. In the pharmaceutical industry, cocoa butter is used for its physical properties as cocoa beans are a high-antioxidant in nature since they contain an ample amount of polyphenol and flavonoid antioxidants. It also boosts the immune system, improves heart health, and eases constipation. In aromatherapy, the cocoa butter is used due to its fragrance and natural properties.
The global market for cocoa powder is likely to witness a CAGR of nearly 2.2% in terms of volume till 2026. The market is projected to surpass 1,315 ‘000 tonnes by the end of 2026.
On the basis of end-use industry, the key segments include chocolate & confectionary, beverages, bakery, functional food, cosmetics, and pharmaceuticals. Among these, beverages segment accounts for nearly 17.3% volume share of the market, and is likely to grow at a CAGR of 1.2% in terms of volume during the assessment period. The demand for cocoa powder from the beverages sector is likely to remain steady during the assessment period.
Melamine formaldehyde Powder
Melamine resin or melamine formaldehyde (also shortened to melamine) is a hard, thermosetting plastic material made from melamine and formaldehyde by polymerization. It is then used to cross-link with alkyd, epoxy, acrylic, and polyester resins, used in surface coatings.
Melamine-formaldehyde resins in partially condensed form, herein referred to as melamine-formaldehyde precondensates, are widely used in finishing of textiles. They are commonly applied to the textiles in an aqueous medium. Such resins are commonly produced by condensing melamine and formaldehyde in the presence of methanol under reflux conditions. The reaction between the melamine and formaldehyde is exothermic and difficult to control so as to form chiefly the desired trior tetramethylol melamine.
Melamine formaldehyde is a synthetic resin manufactured by reacting melamine with highly reactive formaldehyde gas under alkaline conditions. Melamine formaldehyde resin is generally compared with urea-formaldehyde resin with respect to its processing and applications, however it is harder, stronger and offers even better resistance to chemicals, moisture, heat, electricity and scratching, compared against urea-formaldehyde. It is referred as thermosetting polymer or amino resins, exhibits excellent value added properties such as low density, thermal stability, high gloss, transparency, and light fastness. Owing to its value added properties, melamine formaldehyde has found great industrial applications in fire retardants, surface coatings, plywood, particleboard, adhesive, molding compounds and laminates among others.
Global Melamine Formaldehyde Market size is expected to reach $687 million by 2022 from $430 million in 2015. It is anticipated to grow at a CAGR of 6.9%. Melamine formaldehyde is a synthetic resin obtained by chemical combination of melamine. It is a translucent solid made from urea and formaldehyde, a highly reactive strong smelling gas derived from methane. The reaction product of melamine, urea, and related compounds with formaldehyde are called amino lasts. The hardness and chemical & moisture resistance quality of melamine resin is attributed to its complex and interlinked polymer structure.
Melamine resin or Melamine formaldehyde is an organic, heterocyclic compound made from polymerizing melamine and formaldehyde to form a hard, thermosetting plastic material. Melamine when in its butylated form is dissolved in xylene and n-butanol. Nitrogen being a major constituent in the melamine structure makes melamine formaldehyde extremely flame retardant by nature. Melamine formaldehyde is formed by cross-linking this product with other products such as epoxy, acrylic, alkyd, and polyester resins. MF has some beneficial physical characteristics over Urea resins. It is moisture-resistant, hard, and stronger than urea formaldehyde.
Global melamine formaldehyde market is anticipated to observe vigorous development over the forecast period owing to increase in demand from a range of end-use market applications. The properties of melamine formaldehyde such as resistance to water, fire, UV and light is slated to aid the overall market considerably over the forecast period.
Liquid Glucose from Potatoes
Potato is widely consumed as food all over the world. It contains the starch as a major carbohydrate. Surplus and cull potatoes are used as feed for livestock and also as raw material for the manufacture of starch, ethyl alcohol and a few other industrial products like, dextrose, liquid Glucose etc.
Glucose syrup is a sweetening liquid which is made after the hydrolysis of glucose molecule, generally corn, rice, wheat and potato is taken to make glucose syrup because they are a rich source of starch. Glucose syrup is used for making frozen dessert and candy. Glucose syrup are also used to make baked food items to add sweetness. Glucose syrup are generally free from fat, but contains high amount of calories. Glucose syrup made from cornstarch contains a small amount of thiamine, zinc as well as calcium.
The Global Market for Glucose Syrup has witnessed continued demand during the last few years and is projected to reach 29,888 kilo tons by 2022, at a CAGR of 3.6% from 2016 to 2022. Raise in demand across various industries such as food and beverage, pharmaceuticals, confectionery are driving the global glucose syrup market.
Asia-Pacific region is estimated to dominate the global glucose syrup market holding a lion’s share of more than 30% accounting for a market volume of more than 10,000 kilo tons. North America will witness the highest growth rate of 3.94% in the global glucose syrup market whereas Europe and Rest of the world will witness moderate growth rate.
Shisham (Indian rosewood) Plantation
Shisham is the best known economic timber species of the rosewood genus sold internationally, but it is also used as fuel wood and for shade and shelter. After teak, it is the most important cultivated timber tree of Bihar, which is the largest producer of shisham timber in India. In Bihar, the tree is planted on roadsides, along canals and as a shade tree for tea plantations. It is also commonly planted in southern Indian cities like Bangalore as a street tree.
Sheesham is usually dried before being used in furniture manufacturing, a process commonly known as seasoning. Locally sheesham is left in wide open areas to dry under the sun for about six months. Commercially, sheesham is dried in closed chambers with hot air circulation for about seven to fifteen days, depending on weather conditions. The ideal moisture level is supposed to be 5-6% for thinner pieces and up to 11% for thicker ones, depending on use. Anything lower than this can cause sudden cracking of the final products.
Sheesham (Dalbergia) is a fast growing tropical hardwood. Historically known as ‘Indian Rosewood′, it has been in great demand for centuries for musical instruments and fine inlay work in furniture. Much loved by wood turners and cabinet makers - it provides them with material in two distinctive colours; rich, dark ‘heartwood′ and contrasting delicate, pale ‘sapwood′.
One Time Carbon Paper
One time carbon paper can be used as one time black carbon in varied applications viz.
Carbon paper (originally carbonic paper) was originally paper coated on one side with a layer of a loosely bound dry ink or pigmented coating, bound with wax, used for making one or more copies simultaneously with the creation of an original document when using a typewriter or a ballpoint pen. The manufacture of carbon paper was formerly the largest consumer of montan wax.
The Global Carbon Paper Market report is a compilation of the several factors driving and restraining this market along with a thorough run-down of the sales volume of each product within carefully categorized sub-segments of the market. The global Carbon Paper industry with a focus on the Southeast Asia market.
Cement Paint
Cement paint is water based paint and is applied to either exterior or interior including brick work and concrete. It is used for painting exterior wall surface mainly for preventing water penetration and reductions of dirt collection. It is suitable for coating concrete as well as decorating indoor and outdoor walls.
Cement paint is mostly used to cover those surfaces that are subjected to frequent weather changes and heavy use. Cement paint is one of the common names for a family of special paint coatings made for masonry and cement-based materials, including concrete, mortar (and brick), concrete block and stucco. Similar coatings may be called "masonry paint" or "concrete paint."
Since the cement paints gives high order of protection, decoration, beautification and durable properties than the normal whitewash. It is extensively used on all types of cement masonry surfaces like Bungalows, multi-storied building, bridges, dams, general public buildings, houses etc. The demand of cement paint is increasing with the general requirement of human beings throughout the country. Cement Paints have a very good market and a very promising future.
Cement Paints: Used best for exterior walls, they are favorable for all weather conditions and protect exterior walls from the damaging effects of nature. These paints are fungus and algae resistant making walls appear unaffected for longer spans of time. The benefits of using cement paints are that they prove to be a great waterproofing solution and are easy to apply. Additionally, they can be stored for longer periods of time because they are available in the form of powder and need to be dissolved with water before application. Being highly economical, cement wall paints can be applied once in 2 or 3 years to keep them looking great.
Battery for Auto Vehicles
An automotive battery is a rechargeable battery that supplies electrical current to a motor vehicle. Its main purpose is to feed the starter, which starts the engine. Once the engine is running, power for the car's electrical systems is supplied by the alternator.
The market demand for these battery is huge as more and more vehicles are being developed daily and more electric vehicles are increasingly being used.
As the automotive technology has advanced, automobiles consist of a large number of functions these days. These functions have increased exponentially during the past few years, as a result of the intense competition amongst the vehicle manufacturers. Features, like state-of-the-art gadgets and lighting, car infotainment systems, etc. have trickled down even into the entry-level automobiles. These new attributes have put immense pressure on car batteries, which have to take on higher loads. The new fuel-saving technologies, like micro-hybrid systems are also leading to higher battery usage. Features in commercial and passenger vehicles are set to increase exponentially during the forecast period, which is anticipated be a major driver for the automotive battery market.
The Global demand for automotive batteries is forecast to rise 13% per year to $54.1 billion in 2022, expanding to 38% of total sales. Rising manufacturing and use of motor vehicles worldwide will spur sales growth. The HEV segment will more than quadruple in size as these vehicles increasingly penetrate global markets. Electric vehicles, which use more expensive batteries than hybrids, will post particularly strong growth, boosting overall market value. While falling prices for lithium-ion batteries (on a kWh basis) will be a major contributor to growth for HEVs, a shift toward batteries with higher capacities will boost prices on a unit basis and contribute to the expanding market size.
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