Book on Wax Polishes Manufacturing with Process and Formulae

Book on Wax Polishes Manufacturing with Process and Formulae (Automobile Polish, Industrial Polish, Leather Polish, Furniture Polish, Floor Polish, Marine Polish, Metal Polish and Shoe Polish Polish)

 

Wax falls under the class of hydrocarbon fats that melts above 40°C, providing a viscosity liquid after melting. Wax is mainly used in industries, especially for coatings. Wax is also being used extensively as additives, and a base material to aid processing. Working as a corrosion inhibitor, the wax is being largely in the production of the metal products. Increasing trend of candles is resulting in the rise in the use of wax by the companies producing a variety of candles in a different size, color and shape.

Containing special properties such as malleability, hydrophobicity, and its ability of solubility in organic nonpolar solvents is resulting in the increased use of wax in various industries such as pharmaceuticals, textile, paints, coatings, packaging, etc.

Waxes discover their application crosswise over businesses, for example, materials, paints, bundling, hardware, electrical, inks and coatings, elastic, pharmaceuticals, sustenance, and beautifying agents. Along these lines, a development in these end client businesses likewise spells an elevated interest for wax. Since a greater part of the previously mentioned enterprises have been seeing a development in the ongoing years and this incorporates hardware, bundling, nourishment, makeup and pharmaceuticals, the market for wax is encountering a sound development.

The generation of paraffin wax has diminished throughout the years, however this is adjusted by the higher creation of manufactured and characteristic waxes, which is boosting the development of the market around the world.

Wax is utilized widely as added substances, base materials, and to help preparing. Since the significance of completed products such in metals, surface shine, and surface insurance in earthenware production is expanding, the utilization of wax will likewise build, driving the market. Wax likewise fills in as a consumption inhibitor in metal works, along these lines finding their application in assembling metal items. They repulse water and along these lines, discover their application in material businesses. In addition, they are utilized as protectors in hardware and electrical businesses.

Polish is a substance that put on the surface of an object in order to clean it, protect it, and make it shine.

Shoe polish is a chemical product either in the form of waxy paste, cream, or liquid and is used for polishing and shining leather shoes in order to improve appearance and extend the life of the footwear. Shoe polish provides a waxy coating and a shine to leather shoes and helps in protecting it from water, moisture, and from becoming hard. The foreign elements quickly aid in degrading the quality of leather, thus affecting the overall quality of shoes. The wax and oil based shoe polish provides a waterproof protection to keep stains, oil, dirt, and other substances from getting embedded into the leather in the shoes.

 

Market Outlook

The global wax market size was valued at USD 10.03 billion in 2018 and is expected to grow at a CAGR of 3.7% from 2019 to 2025. Increasing demand for wax and its derivatives owing to their superior properties, such as good water repellency, non-toxicity, and outstanding chemical resistance, is expected to steer the market growth over the forecast period.

Cosmetics industry is another major growth driver for market over the next few years. It is widely used as base material in various cosmetic formulations; hence, important constituent of cosmetics. Cosmetics industry has been experiencing rising demand especially from Latin America and Asia Pacific since past decade. This surged demand has substantially contributed in cosmetics industry growth in these regions.

With the increasing demand for eco-friendly and renewable products. Manufacturers are focusing on developing bio-based wax, such as vegetable wax. Meanwhile, the cosmetic industry is also using wax as an active ingredient in skin care products, as it helps in decreasing dehydration and retains moisture for a long time. Synthetic wax is also being used on a large scale as a substitute to natural wax. Synthetic wax is gaining traction as it is more durable. It is also being largely used in the automotive sector as it requires less effort to apply. It stays for a long-time on a car, eliminating the need for frequent application. It also attracts less dust while adding shine and protection.

Increase in usage of waxes in the packaging industry significantly drives the growth of global wax market, as paraffin waxes used for packaging offer resistance towards heat. Moreover, rise in use of wax as a base ingredient in cosmetic products boosts the market growth. However, high prices of synthetic and natural waxes hamper the growth of the market. On the contrary, surge in adoption of natural cosmetics offers potential growth opportunity for the market expansion.

Some of the key players operating in the global wax market are The International Group, Inc. (IGI), Sasol Wax, China National Petroleum Corporation (CNPC), Exxon Mobil Corporation, Lukoil, Total Petrochemicals & Refining USA Inc., Sinopec Limited and Royal Dutch Shell plc, and Petróleos de Venezuela SA

The global shoe polish market can be categorized based on type, product, end user, location, and region. In the global shoe polish market, the type segment can be classified into cream polish, liquid polish, wax polish and others. On the basis of product segment, the market can be categorized into shoe shine oil, shoe leather nourishing cream, shoe leather softener, and others. In terms of end user segment, the global shoe polish market can be categorized into household, commercial, and others. The location based segment can further be classified into urban and rural areas. On the basis of geography, the global shoe polish market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

 

Wax Polishes Manufacturing Handbook with Process and Formulae (Automobile, Industrial, Leather, Furniture, Floor, Marine, Metal and Shoe Polish)

 

About the Book:

Author:                NPCS Board of Consultants & Engineers

Format:                Paperback

ISBN:                    9788193733936

Code:                    NI529

Pages:                   384

Indian Price:        1,675/-  

US$:                     150-

Published:            2019

Publisher:            Niir Project Consultancy Services

Polishes typically contain a lot of abrasives, rinsing agents and organic solvents. Protectants typically contain neither abrasives nor rinsing agents, less organic solvents than the two other product types and a lot of protectant. Polishes are used to maintain a glossy finish on surfaces as well as to prolong the useful lives of

these surfaces. Polishes can be described in terms of their physical form, carrier system, ability to clean, and durability. Physical forms of polishes include pastes, pre-softened pastes (non-flowing emulsions), liquids, and gels. Polishes beautify and protect by coating or refinishing surfaces. 

Waxes are used as finishes and coatings for wood products. Waxes are also used in shoe polishes, wood polishes, and automotive polishes, as mold release agents in mold making.

Furniture polish value sales are expected to reach US$ 13,101.3 mn by 2027, expanding at a CAGR of 5.0%. Shoe polish protects the shoes from moisture, water, and becoming hard. It provides the shoes with a waxy coating and a shine. Shoe polish market is concentrated in the urban areas. The global shoe polish market is projected to grow at a CAGR of 2.75% over the forecast period of 2019-2025. The global metal polish products market has been registering rapid growth, owing to the use of different metal alloys in machinery, furniture and other metal products due to their cheaper cost and high efficiency. Globally, the metal polish market has been witnessing significant growth, owing to the rise in the demand for cleaning and polishing products.

The book contains formulations and manufacturing process of auto polish and wax products, furniture polish, marine polish, metal polish and shoe polish, their marketing strategies, BIS specification, directory section, plant layouts and photographs of machinery with supplier’s contact details.

A total guide to manufacturing and entrepreneurial success in one of today's most wax and polish industry. This book is one-stop guide to one of the fastest growing sectors of the wax and polish industry, where opportunities abound for manufacturers, retailers, and entrepreneurs. This is the only complete handbook on the commercial production of wax and polish products. It serves up a feast of how-to information, from concept to purchasing equipment.

 

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• Export-Import Market Potential
• Raw Material & Manpower Availability
• Project Costs and Payback Period


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Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:

 

 

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

·         Present Market Demand and Supply

·         Estimated Future Market Demand and Forecast

·         Statistics of Import & Export

·         Names & Addresses of Existing Units (Present Players)

·         Market Opportunity

 

Ø  Raw Material

·         List of Raw Materials

·         Properties of Raw Materials

·         Prescribed Quality of Raw Materials

·         List of Suppliers and Manufacturers

 

Ø  Personnel (Manpower) Requirements

·         Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel

 

Ø  Plant and Machinery

·         List of Plant & Machinery

·         Miscellaneous Items

·         Appliances & Equipments

·         Laboratory Equipments & Accessories

·         Electrification

·         Electric Load & Water

·         Maintenance Cost

·         Sources of Plant & Machinery (Suppliers and Manufacturers)

 

Ø  Manufacturing Process and Formulations

·         Detailed Process of Manufacture with Formulation

·         Packaging Required

·         Process Flow Sheet Diagram

 

Ø  Infrastructure and Utilities

·         Project Location

·         Requirement of Land Area

·         Rates of the Land

·         Built Up Area

·         Construction Schedule

·         Plant Layout and Requirement of Utilities

 

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