Lucrative Business and Investment Opportunities to Start with 2 Crores (Plant and Machinery). Business Ideas and Opportunities for Entrepreneurs.
MSMEs play a noteworthy role in economic and social development, thereby providing flip to entrepreneurship, as they have inherent characteristics of being innovative and responsive to changing market dynamics. Being complementary to large industries this sector contributes hugely to the socioeconomic development of the country. MSMEs not only play a crucial role in providing large employment opportunities at comparatively lower capital cost but also encourage entrepreneurial activities in rural and backward areas.
Small business entrepreneurs have many opportunities that they can explore successfully; all they need is a great small business idea. In the ever-increasing startup ecosystem of today, everyone dreams of starting their startup and becoming a millionaire or a billionaire. However, most of the people remain confused between which business to start for maximum profit and which one has the least probability of failure and the main reason for this is the failure rate of startups.
Calcium Bromide
It is produced by the reaction of calcium oxide, calcium carbonate with hydro bromic acid or the reaction of calcium metal with elemental bromine. When strongly heated in air, calcium bromide will react with oxygen to produce calcium oxide and bromine 2 CaBr2 + O2 → 2 CaO + 2 Br.
Calcium bromide is the calcium salt of hydro bromic acid with the chemical formula of CaBr2. It is concentrated hygroscopic powder which will absorb water from the air. Calcium Bromide Powder dissolves in water and other brines, yield completion work over and packer fluids of densities up to 2.3 gm. /ml (19.2 lb. /gal). Calcium bromide is used as a component of drilling and completion fluids which are used to maximize the productivity of an oil well, to minimize site erosion of the well, and to aid in the shutdown of the well.
The global Calcium Bromide (CAS 7789-41-5) market was valued at million US$ in 2018 and will reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025.
Acrylic Resin (Emulsion Type)
Pure acrylic emulsion belongs to the group of polymer emulsions. It is related to acrylic paints which form a water-resistant film after drying. In general, the acrylic emulsion is used as an additive for paints and varnishes in order to improve abrasion resistance, wash ability and resistance to fungi and algae. They are strong enough for use in construction. Acrylic casting resin is a pourable compound and hence is used for casting of parts and making molds. Harder forms of acrylic resins are made by processing with certain polymers.
The global acrylic resin market to grow at a CAGR of 4.41% during the period 2017-2021. This growth of the construction industry will fuel the demand for acrylic resins for end-user such as paving and roofing and adhesives and sealants. Increasing demand from developing economies across the world is driving the growth of this market. There are certain factors, however, such as, environmental impact and associated regulations and high price of raw materials, are expected to hinder the growth of this market.
Demand for acrylic resins is dependent on the health of the economy and dynamics in various end-use and downstream markets such as coatings, textiles, paper and adhesives in addition to detergents, personal care products, superabsorbent polymers, and wastewater treatment chemicals, among others. In the coming years, the acrylic resins market is expected to register steady growth driven by a recovering economy and increasing demand from end-use industries such as the construction, electronics and automotive sectors.
E-Waste & Lithium Battery Recycling Plant
Electronic Waste or e-waste is the term used to describe old, end-of-life electronic appliances such as computers, laptops, TVs, DVD players, mobile phones, mp3 players etc. Technically, electronic waste is the component which is dumped or disposed or discarded rather than recycled, including residue from reuse and recycling operations.
Global E-Waste Market is expected to garner $49.4 billion by 2020, registering a CAGR of 23.5% during the forecast period 2014 - 2020. It is one of the fastest growing waste streams in emerging as well as developed regions. The reduced life spans of electrical, electronic and consumer electronic devices are generating large E-Waste, which is growing rapidly every year. The growth of E-Waste market is supplemented by the growing need for upgrading to the latest technologies. A desire towards the adoption of new technologically advanced devices leads to generation of millions of tons of E-Waste across various regions.
The high consumption of electronic goods has also resulted in Asia being the largest e-waste generators in the world. Some of the largest Asian countries that generated the most number of e-waste in terms of quantity are China, Hong Kong, Japan, and India. The awareness on the impact of e-waste has grown over the years. This has resulted in the imposition of strong legislative laws as well as the development of e-waste treatment standards and recycling technologies. Standards have been put in place to recycle waste responsibly, which will lead to the growth of the e-waste management market in India
Lead Acid Battery (Maintenance Free)
Lead acid batteries are the most common large-capacity rechargeable batteries. They are very popular because they are dependable and inexpensive on a cost-per-watt base. Maintenance Free Sealed Lead Acid (MF-SLA) batteries are available in a few different formats. Including number of plates and plate thickness determines its designated end user application. SLA batteries tend not to sulphate or degrade as easily as wet cells and are regarded the safest lead acid battery to use.
Lead acid batteries are used for diverse applications in various end-use industries such as automotive, uninterruptible power supply (UPS), and telecommunication. The demand will remain potent, expanding at a CAGR of 4.4% during the forecast period of 2017 to 2027. The global lead acid battery market will be worth US$94,821.6 MN by the end of 2022. Volume-wise, the demand for lead acid battery is forecasted to be 881,280 units by 2022.
Oleoresin of Spices Black Pepper, Paprika and Cardamom
Piper nigrum Linn or Black peppercorns is produced through steam distillation to get the aromatic, odorous constituent of the spice. The volatile oil. Oleoresin Black Pepper is the natural extract of dried tender berries of Piper Nigrum Linn of family Piperaceae.
Oleoresin is a homogeneous mixture comprising of resin and oils that are volatile in nature. Spice oleoresins represent the complete flavor profile of the spice. It contains the volatile as well as non-volatile constituents of spices. Spice oleoresins guarantee superior quality of flavor and aroma. They have several like in the preparation of beverages, soup powders, confectionary, curries, noodles, sauces, canned meat etc.
The global oleoresins market is estimated to be valued at USD 1.2 billion in 2019 and is projected to reach USD 1.7 billion by 2025.
The rising trend of using natural flavors in processed food and an increasing number of QSRs have led to a surge in demand for oleoresins. The rise in awareness regarding the side-effects of synthetic flavors and health benefits offered by phytomedicines and herbal extracts have significantly driven the growth of the market. Further, due to the increasing R&D activities in the market and the rising popularity of health supplements, the demand for oleoresins in the nutraceutical industry remains high. The growing trend of offering clean label personal care products is also drive the growth of the oleoresins market.
Peanut Butter
Peanut butter is a food paste made from ground nut or peanut. It consists essentially of cleaned, graded, blanched, roasted and crushed groundnuts containing about 45 percent of oil and over 25 percent of proteins, being thus a highly nutritive food. The paste is used in preparation of side dishes and is also cooked with vegetables, pearled sorghum and maize to make a variety of dishes.
The global peanut butter market is expected to witness robust growth over the forecasted period due to the rising needs of the consumers for low calorie nutritious products. Globally, among all regions, North America is expected to contribute highest market share, followed by Europe over the forecasted period. In North America, U.S. is expected to contribute maximum market share due the high disposable income of the consumers. However, in emerging economies such as Asia Pacific peanut butter market is anticipated to witness highest growth owing to the rising disposable income of consumers in these regions.
Various drivers for peanut butter market includes rising demand for nutritious products coupled with increasing disposable income of consumers especially in developing countries. Other drivers that fuel the growth of peanut butter market are increasing demand for low calorie healthy food and emergence of hectic life schedule. Changing lifestyle coupled with shift towards the intake of convenient food are also factors that are expected to drive the peanut butter market in the coming four to five years. Major restraint that is expected to hamper the growth of the overall peanut butter market is the availability of peanut at relatively competitive prices coupled with fluctuating production of peanuts especially in India.
Banana Powder
Banana powder is formed by using banana pulp, which is mechanically chopped and then processed with hydraulic shear using a colloid mill, turning it into a paste. Sodium met bisulfite is then used to brighten the yellow color of the paste. Drum-drying also produces about 2% more powder and dries it more thoroughly.
Banana powder has a high sugar and low starch content and can be used as a substitute for fresh banana in making traditional cakes or their premixes as well as in the processing of banana snacks, crackers or crisps. The dry powder can be used as an additive in confectioneries, milkshakes and baby foods.
The global banana powder market was worth US$ 898 Million in 2018. Bananas represent the world’s most consumed fresh fruit and the fourth most important food crop in terms of the gross value of production. Unlike raw bananas, banana powder has a shelf-life of almost two years when stored in a cold storage facility in the absence of oxygen. It finds applications in various industries ranging from cosmetics and food to pharmaceutical and feed industries, which has encouraged its production across the globe.
Banana powder is relatively high as compared to other banana products. The market is anticipated to grow at a CAGR of 6.4% during 2019-2024, reaching a value of US$ 1,311 Million by 2024.
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