Niir Project Consultancy Services (NPCS) through its network of project consultants in a wide range of business and technological disciplines is engaged in providing services to its clients by way of preparation of project reports. We provide the pre-investment information and business plans required for promoters, business leaders, young entrepreneurs, women entrepreneurs, investors, NRI (Non Resident India), startups, professionals looking to start their own venture. The comprehensive project profile reports cover all the aspects of business, from analyzing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. the scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet, break-even point, rate of return (ROR), etc. the DPR is formulated by highly accomplished and experienced consultants and the market research and analysis are supported by a panel of experts and digitized data bank.

Lucrative Business Opportunities in Production of Fiberglass Wool Ceiling Tiles Best Business for startups

Capacity 0 Plant and Machinery cost 0.00 Lakhs
Working Capital 0.00 Rate of Return (ROR) 0.00 %
Break Even Point (BEP) 0.00 % TCI 0.00 Lakhs
Cost of Project 0.00Lakhs




Fiberglass ceilings are commonly used to soften the base layer, which is then covered with fabric, leather, or other materials that can be turned into lovely wall and ceiling decorations. It has a wide variety of uses and offers benefits such as sound absorption, sound insulation, heat insulation, environmental safety, and flame retardancy.

It is ideal for radar enclosures due to its good insulation properties. It is also an excellent anti-corrosion material that has been commonly used in the chemical industry. The high plasticity of the fiberglass ceiling is an advantage. We can design a range of products with different designs to satisfy different criteria for use and make products in a flexible manner.


Related Project: Investment Opportunities in Fiberglass Wool Ceiling Tiles



It is possible to design excellent products that are corrosion-resistant, high-temperature resistant, have high strength in a specific direction, and have strong dielectric properties by choosing appropriate materials to meet the performance of the product. Ceiling tiles, also called ceiling panels, are light-weight building materials that are used to cover ceilings.

They are typically built to enhance the aesthetics and acoustics of a room and are placed in an aluminium grid to provide some thermal insulation. They're popular in commercial, residential, and industrial settings, and can be found in places like department stores, offices, hotels, and hospitals. Mineral fiber ceiling tiles are the most popular, but other materials, such as fiberglass, are also available.

The tiles are made of third-generation glass wool with a high density. The tile's transparent surface is a high-quality batch of white glass tissue that has been coated with glass tissue on the back. The edges have been painted.


Related books: Plastics And Polymers, Polyester Fibers, Pet & Preform, Medical, Expanded Plastics, Polyurethane, Polyamide, Polyester Fibers, Additives, Colourants And Fillers, Extrusion, Moulding, Mould Designs, Optical Glass, Reinforced, Films, HDPE, Thermoset



Fiber Glass Ceiling Board Features:


1. Glass fiber yarn is a non-metallic inorganic material that performs well. There are a variety of them. Glass fiber yarn has several benefits, including good insulation, high heat resistance, good corrosion resistance, and high mechanical strength, but it also has several drawbacks, including brittleness and wear resistance. This was a poor result. High-temperature melting, drawing, winding, weaving, and other methods are used to create glass fiber yarn from glass balls or waste glass. The monofilament's diameter ranges from a few micrometres to twenty Metres. Hundreds or even thousands of monofilaments make up the bundle fiber strands.


2. Glass fiber yarn is commonly used as electrical insulation, industrial filter material, anti-corrosion, moisture-proof, heat insulation, sound insulation, shock absorbing material, and reinforcing material. Glass fiber yarn is used in many more applications than other forms of fiber. Reinforced plastic, glass fiber yarn, reinforced rubber, reinforced gypsum, reinforced cement, and other materials are manufactured. The flexibility of glass fiber yarn is increased by coating it with organic materials. Packaging cloths, window screens, coverings, protective clothing, and insulation are all made from it. Materials for electrical and acoustic insulation.


Related Videos: Plastics Projects



Production Process


Fiber ceilings are a sound-absorbing green building material that can be recycled.


1.   The manufacturing of mineral wool decorative sound-absorbing panels is a lengthy process. Wet-laid wire netting, wet round wire netting, dry-laminating and moulding, and semi-drying methods are all available. Wet process is used by the majority of producers. It is formed by pulping, long wire netting, dewatering, slitting, drying, slitting, spraying, and finishing wet long wire netting. Wait for the entire wet process development process to be completed in two stages. The various raw materials are first mixed and processed into a substrate board, after which they are decorated.



2. Decorative processing

Blind hole processing: Semi-finished products are rolled to create impermeable holes of various sizes and shapes to improve the sound absorption effect, and then edge processing, colouring, and drying are completed.


Processing of printing plates: Blind hole plates are processed into vertical and horizontal grooves using special milling machines, or they are milled, coloured, and dried in a circular fashion. Semi-finished items are painted with pre-matched paint and printed on a template on a printing machine, and the designs may also be sprinkled with fine sand and dried.


Embossed plate processing: After the semi-finished product is coloured, different patterns are pressed out using embossed plates in a press, and then cut and tenoned. The relief plate is manufactured by a reputable company, and the manufacturing costs are substantial.


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Market Outlook

In 2020, the global ceiling tile market is expected to be worth USD 5.93 billion. From 2021 to 2028, it is projected to rise at a compound annual growth rate (CAGR) of 8.8%. Development in the commercial construction industry is expected to drive the market, with new office towers, institutional buildings, healthcare facilities, and malls being built all over the world.

With growing demand for acoustic and thermal insulation, rising disposable income in developing countries, and changing customer preferences for home and office building aesthetics, the market is expected to expand.

The market dynamics are expected to benefit from the use of sustainable and creative building methods that include the use of eco-friendly materials for ceilings, floors, and walls. Mineral fibres, metals, gypsum, fiberglass, plastics, and wood are among the raw material manufacturers with a wide presence on the market.


Market Research: - Market Research Report



Backward and forward integration techniques are being used by manufacturers to gain leverage over the quality of raw materials used to make tiles, as well as to increase their customer base by managing distribution networks.

Several firms, including Armstrong Roof, Knauf, and ROCKWOOL INSULATION A/S, have invested in the development of ceiling tiles with high fire resistance properties, and the industry is expected to expand significantly. This is due to a rise in the demand for healthy residential, commercial, and industrial complex construction. Green building practices are expected to spread through developed economies in North America and Europe, as well as major developing regions in Asia Pacific, as people become more aware of the benefits of using environmentally sustainable building materials. In addition, key players' increasing adoption of reuse and recycling of building materials is expected to drive market growth in the coming years.



Projects:- Project Reports & Profiles



Few Indian Major Players

        K-Flex India Pvt. Ltd.

        Kingspan Jindal Pvt. Ltd.

        Lloyd Insulations (I) Ltd.

        Owens Corning Inds. (India) Pvt. Ltd.

        Rock Wool (India) Pvt. Ltd.

        Saint-Gobain Gyproc India Ltd.


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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.



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

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

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

Our Detailed Project report aims at providing all the critical data required by any entrepreneur vying to venture into Project. While expanding a current business or while venturing into new business, entrepreneurs are often faced with the dilemma of zeroing in on a suitable product/line.


And before diversifying/venturing into any product, wish to study the following aspects of the identified product:

• Good Present/Future Demand
• Export-Import Market Potential
• Raw Material & Manpower Availability
• Project Costs and Payback Period

We at NPCS, through our reliable expertise in the project consultancy and market research field, Provides exhaustive information about the project, which satisfies all the above mentioned requirements and has high growth potential in the markets. And through our report we aim to help you make sound and informed business decision.


The report contains all the data which will help an entrepreneur find answers to questions like:

• Why I should invest in this project?
• What will drive the growth of the product?
• What are the costs involved?
• What will be the market potential?

The report first focuses on enhancing the basic knowledge of the entrepreneur about the main product, by elucidating details like product definition, its uses and applications, industry segmentation as well as an overall overview of the industry sector in India. The report then helps an entrepreneur identify the target customer group of its product. It further helps in making sound investment decision by listing and then elaborating on factors that will contribute to the growth of product consumption in India and also talks about the foreign trade of the product along with the list of top importing and top exporting countries. Report includes graphical representation and forecasts of key data discussed in the above mentioned segment. It further explicates the growth potential of the product.

The report includes other market data like key players in the Industry segment along with their contact information and recent developments. It includes crucial information like raw material requirements, list of machinery and manufacturing process for the plant. Core project financials like plant capacity, costs involved in setting up of project, working capital requirements, projected revenue and profit are further listed in the report.

Reasons for buying the report:

• This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, demand of the product and reasons for investing in the product.

• This report provides vital information on the product like its definition, characteristics and segmentation.

• This report helps you market and place the product correctly by identifying the target customer group of the product.

• This report helps you understand the viability of the project by disclosing details like raw materials required, manufacturing process, project costs and snapshot of other project financials.

• The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decision.


Our Approach:

• Our research reports broadly cover Indian markets, present analysis, outlook and forecast.

• The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players. 

• We use reliable sources of information and databases.  And information from such sources is processed by us and included in the report.


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


                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


                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 


  •   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