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.

Start a Business of Manufacturing Steel Epoxy Putty Stick

Capacity 1,500 Dz. Per Annum Plant and Machinery cost 2.00 Lakhs
Working Capital 0.00 Rate of Return (ROR) 35.00 %
Break Even Point (BEP) 35.00 % TCI 0.00 Lakhs
Cost of Project 34.00Lakhs


In the 1960s, MIT researchers developed the steel epoxy putty stick, which has been in use ever since. The putty stick's appearance hasn't changed much over the years, but one thing is for certain: no matter what your needs may be, it works. You can utilise this special equipment in a variety of ways every day, including for extreme landings, home repairs, and arts and crafts.

Benefits of Starting Business of Steel Epoxy Putty Stick

Steel epoxy putty sticks are some of the most lightweight and convenient tools for construction workers. Today, one company alone sells over 2 million steel epoxy putty sticks per year. The benefits for companies making this product are endless. Not only does it make an impact on people's lives but it also has great economic advantages to boot. For example, since it is so lightweight and easy to use, the average worker can do their job more efficiently than before. Not only that but because there are no chemicals in Steel Epoxy Putty Sticks, they don't emit any pollutants into the air either! They're easy to transport and the price is just right - a lot cheaper than purchasing other types of products or getting repairs done by professionals. It is completely customizable which means you can have exactly what you need when you need it without spending too much money. If you're looking for the ideal type of business for new entrepreneurs, look no further than steel epoxy putty sticks! They are an easy-to-make item with low start-up costs and they make a useful gift. You can manufacture these yourself, making them an excellent way to get into the manufacturing industry without any previous experience or technical knowledge required.


Uses and Application of Steel Epoxy Putty Stick

1.       Permanently fix any sort of metal or steel that is broken or deteriorating.

2.       Bonds to metal.

3.       Used for all sorts of repairs: metal machinery, tools, pipes, car parts, lawn care equipment.

4.       Make two components that usually don’t fit together fit.

5.       Sealing various metals or steels so they have resistance against moisture and electricity.

6.       Filling gaps in metals or steels that need to be permanently filled, can be molded into a structural part.

Indian Market Outlook

Steel epoxy putty sticks are everywhere in India, and it's growing at an exponential rate. With its popularity coming from different marketplaces such as steel factories, construction sites, railway construction, and many more industries. Many locals refer to it as magic clay for its versatility in use as well as for its instant bonding ability to bind pieces together. In fact, when compared to other common construction methods like gluing or welding, this product is way more cost-effective. In the past five years, from 2011 to 2016, Indian steel has gone from 6% capacity utilization to 50%. A large part of this increase in production has been due to demand for steel epoxy putty sticks. India's demand for construction and infrastructure development will grow at an annual rate of 7.5% over the next five years and so with all these factors coming together it is no wonder that Indian manufacturers are struggling to keep up with current demand and are trying to catch up with future needs by investing heavily in their manufacturing capabilities.

Global Market Outlook

The global Epoxy Putty Sticks market was valued at 504.07 Million USD in 2021 and will grow with a CAGR of 3.01% from 2021 to 2027.Asia Pacific is expected to have the largest epoxy putty sticks market during the forecast period. The increasing demand from the speedily enlarging construction associated products across the world, in the Asia Pacific region is estimated to pilot the global epoxy putty sticks market share. All economic, manufacturing and societal elements are generating a positive likelihood for the global industrial structure. Thus, the worldwide epoxy putty sticks market will observe considerable growth in the next few years.

Demand from China alone has tripled over the last four years. Molders have begun using steel epoxy putty sticks as an alternative to silicone caulk as they're more versatile and have better adhesion properties than silicone caulk. Additionally, steel epoxy putty sticks are non-flammable and can be applied at any temperature. The demand for this product will continue to grow exponentially as homes become more eco-friendly with insulation made out of expanded polystyrene foam boards. Furthermore, emerging markets like India and Russia will fuel demand as their construction sectors grow exponentially with aging populations seeking lower cost housing solutions.


You can generate money by producing epoxy putty sticks yourself, either from your own house or from a rented place, as there is always a need for them. Making steel epoxy putty sticks for a living could be your best course of action if you have an entrepreneurial spirit, are seeking for new ways to supplement your income, or are simply sick of working for others and want to be in charge of your own career.

Major Players

·         JB Weld

·         Weld-On Adhesives

·         Whitford Worldwide (Polymeric Systems)

·         2K Polymer Systems Limited

·         Nuco Inc (NuFlex)Oatey

·         Protective Coating Company

·         Everbuild (Sika)

·         CRC (Minute Mend)

·         Glenmarc

·         Taiwan Perma

·         FastFix-it

·         Cedesa

·         Star Brite

·         Shen Zhen You Li (Hui Yang)

·         KRÖNYO

·         Mohawk


  • 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