HDPE Jumbo Bags Manufacturing Industry

HDPE Jumbo Bags Manufacturing Industry

HDPE Jumbo Bags Manufacturing Industry.jpg

HDPE Jumbo Bags Manufacturing Industry. Production of FIBCS (Flexible Intermediate Bulk Containers), Bulk Bags

FIBC Bags, also known as Jumbo Bags/ Bulk Bags, are one of the most cost effective types of packing for storage and transportation of a wide range of materials such as chemicals, food, metal etc. These gusseted bags are extensively used for the storage of various agri products and food grains with optimum space utilization. These Jumbo Bags are popular for possessing good strength and are available with lifting loop for easy handling.

Usage: packaging for fertilizers, food, chemicals, construction and agriculture

Currently, a large number of industries that are using bulk bags:

  • Petrochemical and chemical product manufacturers
  • Food product manufacturers (e.g. sugar, flour, spices, wheat, milk powder)
  • Construction products (e.g. cement, granite, sand)
  • Agricultural and related products (e.g. fertilizers, animal feed, grass).
  • Industrial applications (e.g. scrap materials, copper coils & slag, sludge waste)
  • Wood industries (e.g. firewood, lumber, planks)

Features:

  • Convenient to carry
  • Ideal for storage purposes
  • Suitable for packaging
  • Jumbo sized bags
  • Can bear heavy loads
  • No risk of getting torn

Market Outlook

FIBC (Flexible Intermediate Bulk Container) constitutes 68% of the revenue and is mainly used for bulk packaging in chemicals, agriculture, food, cement, construction industries, etc.

The global packaging industry is USD 700 Bn in size and is expected to be over USD 1 Tn by 2020, while that in India is at USD 32 Bn and is expected to reach USD 73 Bn by FY20 (18% CAGR). The FIBC industry has the potential to maintain positive growth through demand emanating from international as well as domestic industries.

Packaging is becoming an important aspect to protect and preserve the product from harmful rays, dust or moisture during the course of transportation. It plays an important role as primary packaging so that the product contaminate or react with any chemical. Moreover, secondary packaging plays a vital role during transportation of goods from one place to another without getting damage.  Jumbo bags is a type of primary and secondary packaging solution that is specifically designed for transportation and storage purpose. These jumbo bags are commonly known as FIBC (Flexible Intermediate Bulk Containers), bulk bags, big bags, container bags or flexible container.

These bags are equipped with easy handling for transportation due to a wide variety of lifting options which includes cross corner loops, sleeve lift, hood lift, ancillary lift, double stevedore straps, single stevedore straps, etc. Moreover, these jumbo bags are ideal for manufacturer due to the wide variety of inlets and outlets that these jumbo bags possess. Some inlets are known as open top, spout top, duffle top and flap with spout top, whereas, some outlets are flat bottom, discharge spout and discharge spout with flap. These jumbo is primarily applicable for powder, liquid, granules, etc.

FIBCs are increasingly used in the storing, handling, or transporting of industrial products due to their lightweight and durability. Further in addition, the utilization of FIBCs provides cost reduction by nearly 45%- 55% to the packaging companies compared to traditional packaging. These advantages of FIBCs over other kinds of packaging will continue to drive the demand for FIBCs in the industrial applications.

Significant growth in sectors such as food and horticulture, which are posting above average CAGRs, has led to a considerable increase in the demand for FIBCs. The growing need to reduce the overall weight of the bulk packaging and transporting materials is a major factor driving the demand for packaging sacks in the construction, chemical, and fertilizer sectors.

Based on the region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Market in North America is dominates the global market in terms of revenue and expected to maintain its position in over the forecast period, owing to presence of large number of manufacturing and processing industries. Asia Pacific market is expected to witness high growth in terms of revenue in the near future, owing to increasing demand for reusable packaging in agriculture sector, especially in emerging economies. Revenue of Europe market is expected witness average growth over the forecast period, followed by Latin America and Middle East and Africa.

Major Key players of Jumbo Bags market are:

  • Jumbo Bag Ltd
  • Gulf Plastic Industries Company SAOG
  • FIBC Vietnam
  • PINNACLE Packing Industries L.L.C.
  • Al-Tawfiq Company
  • Filling & Packing Materials Manufacturing Company (FIPCO)
  • BJJ PHOLSUWAN ENTERPRISE CO., LTD.
  • Virgo Polymers India Ltd.
  • Berg Bag Company, Inc.
  • KP Polypack International

FIBC Industry in India

India is already the second-largest manufacturer of FIBC in the world and has proved to be a cost-efficient country for manufacturing FIBC. Although industrial growth in developed nations was impacted by the economic recession, the Indian FIBC industry gained significance due to their capability to manufacture products according to their customers’ behest while maintaining sustainability, aesthetic display and convenience. The organized players with a good marketing network in FIBC industry have an opportunity to establish their foothold in key markets where production outruns the demand and extend their geographical reach to tap latent demand in developing countries.

The demand for FIBC bags is likely to remain robust on the back of strong growth of food and minerals industry in International Markets, cost effective handling and transportation advantages. Particularity due to low cost the Indian FIBC industry is favored hub for FIBC globally. There is also enormous growth potential for plastic products considering that the per capital consumption is less than half of the global average.

The FIBC industry has the potential to maintain positive growth through demand emanating from international as well as domestic industries. In the medium term, the increasing demand for Indian FIBC from major destination markets, viz, the USA and Europe and stable foreign exchange rates albeit increasing competition among the Indian manufacturers, expected to retain the demand momentum. Entities with strong foothold in international market with value added product portfolio, better working capital management and sound foreign exchange fluctuation risk management would be in a position to earn higher margins.

The packaging industry in India is one of the fastest growing industries having influence on all industries, directly or indirectly. Indian packaging industry has registered a CAGR of 16% in the last five years. The spending on packaged foods is increasing due to increase in per capita income, urbanization and growing numbers of working women. There is great growth potential since India’s per capita consumption of packaging is only 4.3 kg whereas neighbouring Asian countries such as China and Taiwan is about 6 kg and 19 kg respectively. This clearly indicates that the market is under penetrated and offers a great business opportunity for the Indian plastics packaging industry.

In the medium-term, the Indian FIBC industry has the potential to maintain positive growth through demand emanating from international as well as domestic industries. In the domestic market, the industry is also envisaged to receive a boost from agriculture, mineral, petrochemical industries and various industrial markets. Internationally, the FIBC industry is estimated to demonstrate firm growth driven by acceptability and increase in usage by the pharmaceutical and food industry.

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Liquid Biofertilizer Manufacturing Industry

Liquid Biofertilizer Manufacturing Industry

Liquid Biofertilizer Manufacturing Industry.jpg

Liquid Biofertilizer Manufacturing Industry. Production of Liquid Bio-Fertiliser. Profitable Biofertilizers Production Business Ideas

Liquid Biofertilizer a substance which helps to grow plants rapidly and produce fruits, flower and vegetable more quantity in proper time, otherwise fertilizer be a compound which fulfill the needed minerals or Clements require for the growth of plants and vegetables to grow and fruits in proper time.

Liquid Biofertilizer is natural fertilizers which are microbial inoculants of bacteria algae fungi alone or in combination and they augment the availability of nutrients to the plants.

The liquid Bio fertilizers are suspensions having agriculturally useful microorganisms, which fix atmospheric nitrogen and solubilise insoluble phosphates and make it available for the plants. The use of this Bio fertilizer is environment friendly and gives uniform results for most of the agricultural crops and directly reduces the use of chemical fertilizer by 15 to 40%. The shelf life of the liquid bio fertiliser is higher (in the range of one to two years) compared to that of solid matrix base biofertiliszer. There is a growing demand for organic foods in the global market. The use of these liquid bio-fertilisers would help the Indian farmers to produce organic crops so as to compete in the global market.

The advantages of Liquid Bio-Fertilizer:

  • Longer shelf-life -12-24 months.
  • No contamination.
  • No loss of properties due to storage up to 45ºC. – Greater potentials to fight with native population.
  • Easy identification by typical fermented smell.
  • Better survival on seeds and soil.
  • Very much easy to use by the farmer.
  • High commercial revenues.

Market Outlook

The global liquid fertilizer market to grow at a CAGR of around 3% by 2020. The market is driven by factors such as growing demand for high efficiency fertilizers, convenience of use and application, adoption of precision farming and protected agriculture, and increasing environmental concerns. The high growth potential in emerging markets and untapped regions provides new growth opportunities to the market players. The depletion of soil quality has propelled the use of fertilizers that helps farmers to increase the crop yield by three to four times.

The surge in crop acreage and the growing requirement to boost crop production are stimulating many farmers to use liquid fertilizers as plants can immediately absorb these fertilizers and offer faster outcomes. Small-scale farmers are also purchasing liquid fertilizers to reduce their dependency on weather conditions and get an increased yield even in damp, wet, or windy weather. Additionally, there is also a rise in the demand for the proper use of fertilizers as the degradation of soil quality is leading to micronutrient deficiency in crops worldwide.

APAC will be the fastest-growing region in the market during the forecast period owing to the increase in hydroponic system field areas, availability of fertilizers at subsidized rates, and rise in mechanization, which has resulted in the increased adoption of technologies such as liquid fertilizer sprayers.

Some of the major fertilizer-consuming countries in the region include Australia, Indonesia, Malaysia, the Philippines, Thailand, Vietnam, Japan, South Korea, China, India, Pakistan, and Bangladesh. The demand for fertilizers will see tremendous growth in the region owing to the surge in programs that promote balanced fertilizer use.

Moreover, liquid biofertilizers have a shelf life of nearly two years, and they are very tolerant to high temperatures and ultra-violet radiations. Also, the microbe density in such biofertilizers is higher in comparison to solid biofertilizers. They are applied using power sprayers, fertigation tanks, hand sprayers, and as a basal manure mixed along with farmyard manure. These liquid biofertilizers also have a very high enzymatic activity, leading to the high adoption rate amongst farmers.

The fruits & vegetables segment is the highest growing among all crop types of the liquid fertilizers market. The production of fruits & vegetables is becoming more intensive and vertically integrated due to continuous technological advancements and growing demand. The global demand for fruits & vegetables is expected to increase in the future, especially in developing regions such as Asia and Latin America due to growing health concerns and increasing disposable income.

Asia-Pacific has a high growth potential for liquid fertilizers as this region has many emerging countries such as China and India. Moreover, factors such as high demand for nutritive food and sustainable crop yields, increasing investment in the agriculture sector, and the management of crop production costs are driving the growth of the liquid fertilizers market in this region.

Globally, demand for liquid fertilizers is surging due to rising need for increasing agricultural output in order to address growing global food requirements. The major driver of liquid fertilizers market is the need for micro nutrients. Furthermore, increasing soil efficiency and escalating demand for bio fuels and high quality yield are factors propelling the market. Fruits and vegetables exhibit high potential and their production is becoming intensive and vertically integrated due to continuous technological advancements and mounting demands for them.

Additionally, investments by the government and private players, increasing research and development activities and new product developments are projected to steer growth in global liquid fertilizers market. Increasing demand for biofuels is associated with the growth of liquid fertilizers market because of liquid fertilizers’ use in the production of crops such as wheat, soybean, and sugarcane. However, limited awareness among farmers and huge handling costs are a few deterrents.

Some of the major factors driving the market are the demand for increased crop yield to feed the expanding population, need for high-efficiency organic fertilizers, easy usage and application of liquid fertilizers, and adoption of sustainable agricultural practices by farmers. Restrictions in the supply chain, increasing concerns over health and environmental degradation, the high cost of handling and storage, inadequate awareness among the farmers, and strict regulatory framework are some of the restraints of the market. Major opportunities for market growth lie in the emerging economies of the developing countries.

Bioferilisers Production

Biofertilisers Production
Year Solid Based (MT) Liquid Based (‘000 Litres)
2012-13 1412 88.0
2013-14 1417 107.9
2014-15 1222 134.7
2015-16 922 255.7
2016-17 82 812.9

Some of the key players of the Liquid Fertilizers market includes Agrium Inc., Yara International ASA, Israel Chemical Ltd. (ICL), K+S Aktiengesellschaft, Sociedad Química Y Minera De Chile (SQM), Compo Expert GmbH, Kugler Company, Agroliquid, Plant Food Company, Inc., Haifa Chemicals Ltd. and Rural Liquid Fertilisers (RLF).

Biofertilizers Market:

The demand in the global market for biofertilizers is anticipated to surge at a hearty CAGR of 12.9% within the forecast period from 2017 to 2025, picking up footing from various factors, for example, growing awareness with respect to its wellbeing and environmental advantages, steady move from chemical farming strategies to natural organic ones, developing popularity of biofertilizers in soil fertility administration activities, development of the organic food sector, and ascend in the cost of pesticides and chemical fertilizers. Then again, less awareness in a few potential developing markets, poor framework, and technological limitations are hampering the potential growth of the biofertilizers market.

Global Bioferilizers Market Share (%), By Application (2017)

Global Bioferilizers Market Shar.jpg

There are certain factors, which act as drivers for biofertilizers market such as rising environmental awareness, enhancing soil fertility and increasing demand for organic food. Factors restraining the growth of bio fertilizers market are lack of awareness and lower adoption rate by farmers. The unmet demand for fertilizers, formulation of favorable government policies and countries having agriculture dominant economy would provide growth opportunities for this market.

Based on application, biofertilizers market is segmented into fruits and vegetables, cereals, pulses and oilseeds, plantations and others. Among these, fruits and vegetables are the most produced crop as they are majorly consumed as meals. As food is the primary need of human being, production of fruits and vegetables is going to be most prominent, thus enhancing the scope for bio fertilizers.

Based on types, the global market for biofertilizers is segmented into nitrogen fixing, phosphate fixing, potash mobilizing and others. Nitrogen fixing bio fertilizer is one of the prominent substitutes for commercial nitrogen fertilizers. The market scope for this bio-fertilizer is vast, as it is majorly used as nitrogen source for rice. Rice is a prominent crop in many countries, namely India, China, Indonesia, Brazil, Japan and others, thus enhancing the market for the nitrogen fixing fertilizers.

Indian Biofertilizer Industry –Production (In ‘000 Tons)

Indian Biofertilizer Industry.png

Indian biofertilizer market had grown rapidly in the period FY09 to FY15, the production of biofertilizers in India had more than tripled during FY09-15. The growth is expected to continue in future owing to the strong push by the Government of India (GoI) to promote bioagriculture.

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Flexographic Printing Industry

Flexographic Printing Industry

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Flexographic Printing Industry. Flexography or Flexo Printing Business. Business Opportunities in Printing Sector

Flexography is a modern version of letterpress printing. This traditional method of printing can be used on almost any type of substrate, including corrugated cardboard, cellophane, plastic, label stock, fabric, and metallic film. The flexographic printing process uses quick-drying, semiliquid inks. In this age of digital printing, flexography holds its own in the areas of large orders and long print runs, particularly of packaging products and labeling.

Flexographic printing uses flexible photopolymer printing plates wrapped around rotating cylinders on a web press. The inked plates have a slightly raised image and rotate at high speeds to transfer the image to the substrate. Flexography inks can print on many types of absorbent and nonabsorbent materials. Flexography is well-suited to print continuous patterns, such as for gift wrap and wallpaper.

Flexographic printing is a popular method for printing large orders of custom labels at rapid speeds by transferring ink onto the paper or film material using flexible printing plates mounted on fast-rotating cylinders. Flexographic printing plates allow customization options that aren’t possible with some other types of presses. A variety of products can be printed on flexographic presses like pressure-sensitive labels, shrink sleeve labels, flexible packets, multi-ply labels, double-sided printed labels, and more.

Flexographic printing, or flexography, is a type of printing process that uses a flexible relief plate. This type of printing is mostly used for non-porous materials like food service paper, plastic, foil, brown paper, and packaging materials.

Flexographic printing is unique because it adapts well to different materials and can use a wider range of inks, like water based rather than oil based inks. Because the type of printing holds up and is adaptable, it is used for flexible plastics, retail bags, and wallpaper and beverage cartons.

In addition, flexographic printing usually uses low viscosity inks to allow faster drying time and speedier production for lower costs.

Flexographic printing is used widely for the best printing of bold designs and extremely attractive effects can be achieved using 3 or 45 colors. Printing also depends on the printing inks properties. It is used widely for printing on paper, laminated Aluminium Foil, Cellophone Film, Polypropylene, and Polyethylene.

Advantages of Flexography

The flexographic printing process:

  • Runs at extremely high press speeds
  • Prints on a wide variety of substrate materials
  • Uses cost equipment that requires little maintenance
  • Uses relatively low-cost consumables
  • Is ideally suited for long runs
  • Handles all printing, varnishing, laminating, and die cutting in a single pass
  • Excellent quality reproduction of logos and text, adding value to your product
  • Simple and economical to maintain compared to ink jet printers
  • Printing dies are easily changed for different production runs
  • Use specialized inks for printing porous or non-porous surfaces: metals, rubber, plastics, textiles, paper, and more

Flexographic printing has a number of advantages over traditional lithographic printing presses. It has a faster startup time and can print using a wide variety of ink on almost any substrate. It can also print on plastics, metallic films, cellophane, paper, and even on corrugated surfaces. Flexographic printing has extremely high press speeds and is suited for long runs – a good consideration for medium to large print jobs that need to be completed as quickly as possible.

Here are some of the most common and important uses of flexographic printing:

Brown Corrugated Boxes

Flexographic printing’s ability to print on a wide variety of substrates and surfaces make it an ideal method for printing on brown corrugated boxes used in shipping and storage businesses.

Flexible Packaging

The ability to print on flexible, non-rigid materials makes flexographic printing useful when printing on rolls of material used for plastic and paper bags.  Flexographic printing is an ideal choice for industrial converters that make printed plastic and paper bags.

Food Packaging

Flexographic printing is quick drying and able to use non-toxic inks. These factors make flexographic printing desirable in the printing of food packaging. It can basically be used on packaging like milk cartons, beverage containers, food containers, as well as disposable cups and containers.

Medical Packaging

Since flexography is food safe with the right ink, it can also be used to print packaging for medicines and other medical supplies. Flexographic printing can be used on foil wrappers, hygienic bags, plastic, and cardboard packaging.

Newspaper and Other Print Media

Even with the prevalence of e-books and the internet, there is still a market for newspapers, magazines, and books. The production of flyers, posters, and newspaper inserts also greatly benefit from flexographic printing’s ability to quickly print large print jobs.

These are not all the applications that flexographic printing can be used on. It can be also used to print envelopes, containers, and even wallpaper. Flexographic printing’s capabilities are flexible enough that they can be used on other surfaces. Advances are still being made in the manufacture of ink and plates to improve print quality. There is even research being done on the possibility of using flexographic printing to print electronic circuits and solar cells – an exciting future application of the technology.

Market Outlook

Flexo printing is becoming more and more attractive to brands all over the world. Flexographic printing is an economical alternative to digital printing for medium-to-long print runs, simple designs, and color combinations. It uses flexible plates to transfer the ink onto a substrate and can achieve quick line speeds. Hence, they can be used to print large orders in short lead times. The production speed of flexographic label printers is high, and the inks cost less than digital label printers.

Flexographic printing also allows operators to alter labels without any additional expenses. Such benefits of flexographic printing have increased its usage in producing labels for applications such as packed food products, apparels, toiletries, health information labels, kitchenware, chemical labels, and others.

The Future of Flexographic Printing to 2023 tracks and quantifies these trends, from a global market value of $35.76 billion in 2018 to $40.11 billion in 2023, an annual increase of 2.6%.

Perceived to be a high-growth printing process; flexography is examined in depth to provide an understanding of opportunities and threats through 2020. A key focus area is flexible packaging (corrugated is excluded) for the food, beverage, medical, bag, industrial and other.

The flexographic printing market is one of the fastest growing print segments in North America. The market’s need for flexible packaging is driving this growth. Flexible packaging appeals to consumers’ preferences for convenience and portioning. Flexography is well positioned for growth, with trends in both product run length and substrate usage favoring flexo printing inks over gravure and litho. There have been many advances in flexographic printing over the past few years to improve its print quality and the types of substrates that can be printed.

U.S. Flexographic Printing Market Size, by Product, 2013 – 2024

U.S. Flexographic Printing Market.png

The market of global flexographic printing technology is anticipated to be driven by increase in the demand for low cost packaging solutions primarily for food & beverage industry. Moreover, technological advancements in flexographic printing technology such as high quality digital flexographic plates and printing software optimization is mainly driving the consumer preference towards flexographic printing solutions. Besides this, flexographic printing process offers complete product at the end of the process as it includes varnishing, die cutting, lamination, embossing, foiling, etc. which has significantly impacted the growth of the market and is anticipated to be the major growth driver during the forecast period.

The major players identified across the value chain of global Flexographic Printing Technology market include BOBST, SOMA Engineering, Uteco Group, Focus Label Machinery, Consolidated Label Co, Flint Group, Flexographic Printing Plate Co., Inc., de Elliotte Co Inc., Ligum, 3M and others. The companies are emphasizing on research & development and new product development in order to maintain the competitive advantage in global flexographic printing technology market during the forecast period.

In order to meet the increasing demand of printing seamless motives and high resistance to solvent, companies all over the world are focusing towards the development of sleeves types and rollers in order to expand their product portfolio and increase global footprint. The companies are also focusing on different strategies in order to maintain the market share in the global flexographic printing technology market.

Indian Printing Industry

The Indian printing industry is increasingly being driven by growth in packaging and labels. The print media also continues to grow at a healthy annual pace of four percent. As its growth trends continue to be well over the world averages, in print volume terms, India is set to become the fifth largest market by 2018 moving up five notches from its present tenth slot. Therein lays a great opportunity for the Indian & International print suppliers.

The global printing industry is forecast to reach $980 billion by 2018. Global printing markets are changing, many publishing products have electronic versions replacing previously printed volumes. E-books, on-line newspaper and magazines are taking significant sections of their respective markets, while directories, catalogues and brochures have electronic alternatives, more transactions are electronic reducing demand for currency and cheques and advertising spend is moving into new areas including on-line. These factors, alongside the continued growth of social networking, result in declining volumes of many print products, but not packaging and labels where demand is growing.

The greatest growth opportunities for print products are concentrated around revenues from print packaging and print publishing (specifically newspaper printing), with the growth potential in package printing, which is expected to increase 7.8% between 2012 and 2017.

The market size of the package printing sector is expected to increase from INR 53,374 crore in 2012 to 77,714 crore in 2017, and will make up 43% of total print product sales in 2017.

Within the package printing sector, label and tags printing is expected to grow the most quickly of any product, at a rate of 11%, a result of increased demand from the emerging middle class in the region and India itself.

Insert printing and corrugated package printing are also forecast to have high growth rates, again reflecting the expanding segment of the population in the region capable of, and interested in, greater consumer consumption. This factor also accounts for the rapid growth of magazine printing, which is expected to grow 8.4% between 2012 and 2017.

The publishing printing market size is supposed to grow from INR 20,859 crore in 2012 to 27,607 crore in 2017 with population increase, rising literacy rates and a growing economy.

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Steel Hinges and Tower Bolts Manufacturing Business

Steel Hinges and Tower Bolts Manufacturing Business

Steel Hinges and Tower Bolts Manufacturing Business.jpg

Steel Hinges and Tower Bolts Manufacturing Business. Production of Door Hardware & Accessories. Builder’s Hardware Industry

Hinges are ideal for self-closing doors or cabinets, and are available in various sizes, with square or radius corners. These special hinges act as an excellent alternative to overhead mounted closers on doors. Features like corrosion resistance, durability and high tensile strength make it in high demand in the consumer market. SS hinges are widely used in doors and windows. Steel Hinges are great for Outdoor Use and Pool Areas.

Steel Hinges have extensive applications in joining doors, windows and similar other structures requiring a movement of one flank with respect to a fixed frame. In housing, the door flanks can have an angular movement with respect to the door frames of wood or steel or aluminum. Its function is to joint one part to the other. Versatile of operation of hinges have played a great role mechanization and modernization in present mechanized life. Hinges are extensively used in safes, Amirah’s, boxes of all sizes, machines covers etc.

Features:

  • Light in weight
  • Sturdy construction
  • Seamless finish

Tower bolt is manufactured using stainless steel alloy. It is used in various commercial and domestic areas such as cabinet, doors, closet, windows, rooms and bathrooms. The bolt is made of using quality alloy and technology to make it offer a smooth function. Tower bolt is utilized in glass, wooden or metal door as it offers high safety in locking the doors or close.

Features:

  • Excellent strength
  • Rust resistance
  • Durability

Market Outlook

The demand for hinges depends mainly on the performance of its end-user (i.e. the construction and furniture manufacturing sectors). Therefore, the demand for the products under consideration is a derived demand, which depends directly on the performance of its major end – user.

Market Segmentation:

  • By Applications:
  • Home
  • Cabinet
  • Door and Window

The growth of this industry is directly linked with the growth of housing construction, ship building industry, automobiles and railways etc. Hinges are a part of buildings hardware industry.

Demand Projection for Hinges (Tons)

Year Projected Demand
2013 50,000
2014 52,000
2015 54,000
2016 58,000
2017 61,000
2018 65,000
2019 66,000
2020 68,000
2021 70,000
2022 71,000
2023 73,000
2024 75,000
2025 76,000

Some of key players that includes in the study are Hettich, Blum, Grass, Hafele, FGV, Dorma, Ferrari, ITW Proline, Zoo Hardware, EKF, Hager, linnea, Archie, DTC, SH-ABC, Topstrong, Gute, hutlon, kingslide, LIAN YA & Other.

Builder Hardware Market

Builders’ hardware, or just builders hardware, is a group of metal hardware specifically used for protection, decoration, and convenience in buildings. Building products do not make any part of a building; rather they support them and make them work. It usually supports fixtures like windows, doors, and cabinets. Common examples include door handles, door hinges, bolts, latches, numerals, letter plates, switch plates, and door knockers.

The global market for Builder Hardware is expected to grow at a CAGR of roughly 4.8% over the next five years, will reach 52900 million US$ in 2023, from 40000 million US$ in 2017.

The top players are:

  • ASSA ABLOY
  • Allegion
  • Spectrum Brands (HHI)
  • Masco Corporation
  • DORMA
  • Roto Frank
  • Siegenia-aubi
  • Gretsch­Unitas
  • MACO
  • Kin Long
  • Winkhaus
  • Sobinco
  • Lip Hing
  • 3H
  • GEZE
  • Ashland Hardware Systems
  • Hager Company
  • CompX International
  • Tyman (GIESSE)

India’s Builder Hardware Industry is set to become self-sufficient in the near future; this is because hardware products are growing on the back of technology and innovation, and are being globally recognized at par with Chinese high-end products. Rising disposable income and the growing construction activity across cities, including renovations in both commercial and residential buildings, are fueling demand for the latest building products. This market trend, in turn, is impacting the unorganized sector adversely and reducing its size.

Construction industry in India is one of the fastest growing industry. It is also said that the construction industry is the second largest industry in India after agriculture. This industry accounts for about 11% of India as GDP. In any country the construction industry plays as an important indicator of the development as it creates investment opportunities across various related sectors. Construction industry in India is an essential part of any country infrastructure and industrial development.

India’s construction industry will continue to grow into the next decade. The Indian building market, the sector will grow at a CAGR of 4.16% from now until 2021. India’s construction industry is growing ever-stronger, and is becoming an excellent area for build and interiors investment. This guide details the facts about the nation that will be useful for anyone looking to get involved with this vibrant, growing market.

The residential construction industry in value terms increased at a CAGR of 11.7% during 2013-2017. The commercial building construction market in value terms is expected to record a CAGR of 18.3% over the forecast period. The infrastructure construction was estimated to be US$ 116.8 billion in 2017, posting a CAGR of 12% during review period.

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Stabilized Insoluble Sulfur Manufacturing Business

Stabilized Insoluble Sulfur Manufacturing Business

Stabilized Insoluble Sulfur Manufacturing Business.jpg

Stabilized Insoluble Sulfur Manufacturing Business. Production of Insoluble Sulphur Stabilizing Agent

Insoluble sulfur (IS) is a type of sulfur polymer, which is insoluble in CS2 and is a good rubber vulcanizing agent [1-4]. There are two types of IS, oil-filled and non-oil-filled. The production of IS usually adopts a high temperature method, which causes the liquid or gas sulfur to spray into cold liquids to obtain IS with a concentration of 30-60wt%. To obtain high concentrations of IS, solvent has been used to extract the soluble sulfur, followed by filling with oil to obtain oil-filled IS [2, 7-11].

Insoluble sulfur is an important rubber additive agent. It improves product quality, wearability and resistance to both fatigue and ageing. In addition to being universally recognized as the best vulcanizing agent, it is widely used in the manufacture of tire, rubber pipe, shoes, cable and wire insulating materials, latex, all kinds of automobile rubber parts and is also a necessary component of belt tires. Therefore, due to its non-blooming characteristic, insoluble sulfur is widely used in the manufacture of radial rubber and other synthetic rubber products, also in the light-colored rubber products in which common sulfur is incorporated in high proportion.

Sulphur is stabilised in a form wholly or partially insoluble in carbon disulphide by incorporating therewith a dixanthogen of the formula where R and R’ are each independently an alkyl, cycloalkyl, aralkyl or aryl group and may be substituted by halogen or alkoxy and n is 2 or 4. The insoluble sulphur can for example be plastic sulphur or white sulphur or substantially wholly insoluble sulphur derived therefrom. The sulphur is particularly useful in the vulcanisation of rubber.

Insoluble sulphur is primarily used in the rubber industry. Its advantage over ground natural sulphur is that it does not cause bloom, and that it does not dissolve and migrate in rubber. The S8 ring molecules present in soluble sulphur at room temperature open at temperatures above 158 °C, allowing chains of sulphur to combine with one another to form polymeric sulphur. Insoluble sulphur is produced by quenching the polymeric melt at low temperatures, preventing the reversion into S8 rings, leaving the polymer structure meta-stable at room temperature.

Insoluble Sulfur is a common sulfur allotrope, which is hydrogen sulfide and sulfur dioxide by the reaction, and may be inclined to ordinary sulfur obtained by thermal polymerization. Its molecular structure of the sulfur is linear polymer with the characteristics of insoluble rubber, and are thus insoluble sulfur or sulfur polymerization. Insoluble Sulfur is currently mainly used in rubber industry. With the oblique side of sulfur, insoluble sulfur rubber vulcanization agent as its main features are:

  • Insoluble sulfur in the rubber in a state of scattered and therefore do not rubber spray frost, a good sticky, at the same time ensure the quality of the appearance of light-colored products.
  • Insoluble sulfur in the rubber compound spread uniformity, effectively inhibiting the aggregation of sulfur, is expected to reduce plastic storage process tend to scorch. 3) Oblique to S S. The higher the stability of the ring, cracking keys for 268kJ/molE, higher than the insoluble sulfur bond energy, so the process has the tendency to scorch earlier.

Uses & Applications

Insoluble sulfur is used however, surface bloom is eliminated. Insoluble sulfur becomes evenly distributed throughout the rubber composition during the mixing (mastication) step, but does not go into solution in the rubber composition. The distribution of the insoluble sulfur remains as it was when dispersed, there is no concentration gradient formed; and migration does not occur.

Insoluble sulfur is used; bin scorch is retarded to a point where it ceases to be a problem. Since insoluble sulfur is available for reaction only when curing (vulcanizing) temperatures are reached, no significant reaction takes place at lower temperatures. At these lower temperatures the insoluble sulfur merely remains as a suspended solid surrounded by rubber, until vulcanization takes place.

Insoluble sulfur is the preferred curing agent for the majority of the rubber industry. By keeping insoluble sulfur dispersed in the oil, any risk of conversion is lowered, while still facilitating the incorporation of the curing agent into the rubber compound. The effectiveness of Naphthenic oil provides the advantage of easy wetting of the sulfur particles, which ensures a good level of dispersion, and improved stability.

Market Outlook

Insoluble Sulphur is mainly used in tyre industry. The Indian market for Insoluble Sulpur is growing more than the growth rate for the tyre industry due to increasing share of radial tyres in commercial vehicles which consume more Insoluble Sulphur. With the revival of the global economy, the auto sector has picked up significantly resulting in huge demands and huge growth in the auto companies. This has trickled down to the auto ancillary sector and hence the demand for Insoluble Sulphur is growing at a robust pace and this trend is expected to continue in the coming year as new tyre capacities are being added in India.

Insoluble Sulfur Market is categorized based on product types such as Oil Filled, Others. The market is categorized based on application into Automotive, Industrial, Medical, Consumer Goods and Other.

Therefore, the demand for quality Insoluble Sulphur may be estimated at about 2, 25,000 Mtpa. The current demand of Insoluble Sulphur in India is estimated at 14500 Mtpa. This is expected to continue to grow in double digits on the back of the following factors:

Demand of Insoluble Sulphur is expected to grow with ratio of Radial Tyres and high performance and safety tyres to total production growing. Growth rate of Radicalization of Commercial Vehicle tyres which is currently at less than one third of the total demand of CV Tyres. India emerging as a hub for exports of tyres. New Capacities being set up in India for Tyre manufacturing by international players such as Bridgestone, Michelin and Yokohama as well as domestic players to cater to international market also.

Insoluble Sulfur Market is categorized based on geography into Asia Pacific (China, India, ASEAN, Australia & New Zealand), Japan, Middle East and Africa (GCC countries, S. Africa, Rest Of MEA), North America (U.S., Canada), Latin America (Brazil, Rest of Latin America), Western Europe (Germany, Italy, France, England, Spain, Rest of Western Europe), and Eastern Europe (Poland, Russia, Rest of Eastern Europe).

Global Insoluble sulphur market is primarily used in the rubber industry. Its advantage over ground natural sulphur is that it does not cause bloom, and that it does not dissolve and migrate in rubber. The S8 ring molecules present in soluble sulphur at room temperature open at temperatures above 158 °C, allowing chains of sulphur to combine with one another to form polymeric sulphur. Insoluble sulphur is produced by quenching the polymeric melt at low temperatures, preventing the reversion into S8 rings, leaving the polymer structure meta-stable at room temperature.

Global Insoluble Sulfur Market is expected to grow at a significant CAGR in the upcoming years as the scope, product types and its applications are increasing across the globe. Insoluble Sulfur is mainly used in the rubber industry. The advantage over the ground sulfur is that it does not cause blooming, and is soluble in rubber.

In addition, the insoluble sulfur additives can be added to more fully restore the carbon black in the iron and suppress and eliminate the production process of nitrosamines, the protection of the environment plays a significant role.

Globally, demand for insoluble sulphur is expected to grow at 5.2% CAGR in CY15-20E with demand in India growing at a CAGR of 10%+ due to robust automobile demand & increasing radialisation of tyres particularly in the CV space.

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TMT Steel Bar (Saria/Rod) Manufacturing Industry

TMT Steel Bar (Saria) Manufacturing Industry

TMT Steel Bar (Saria) Manufacturing Industry.jpg

TMT Steel Bar (Saria/Rod) Manufacturing Industry. Production of TMT Rebars (Reinforced Bars), TMT Rods. TMT Steel

TMT bars or Thermo-Mechanically Treated bars are high-strength reinforcement bars having a tough outer core and a soft inner core. Thermo-Mechanically Treated bars or TMT bars are widely used for different construction projects. Made from high strength steel, TMT bars possess several qualities that make them the most preferred material for various construction projects.

With a unique metallurgical process that combines work hardening along with heat-treatment to create robust and high strength bars from low-carbon steel, TMT bars have a great demand.

Advantages of using TMT Bars

  • Great Ductility and Bend Ability: One of the distinct advantages of using TMT bars is that they have great ductility and bend ability properties. Because of this, one can create pre-welded meshes that are used to eliminate the need of manual binding. This brings down construction and fabrication time.
  • Malleability: TMT bars are most preferred because of their flexible nature
  • Resistant to Earthquakes: TMT bars are resistant to earthquakes thanks to their soft pearlite core. Because of this, they can bear seismic and dynamic loading. TMT bars boast of high fatigue resistance to seismic loads because of high ductility and therefore they are widely used in earthquake prone areas.
  • Great Bonding Strength: Another major advantage of TMT bars is their superior bonding strength. There are external ribs running across the entire length of these bars and this fosters great bonding strength between the concrete and the bar. Fire resistant: Fire safety of a structure is one of the primary concerns for engineers and residents. TMT bars boast of high thermal stability and can resist temperatures ranging from 400 to 600 degrees Celsius. Thus, they are perfect for resisting fire and provide safety.
  • Fine Welding Features: TMT rebars (having low carbon content) can be used for butt and other weld joints without reduction in strength at the weld joints.
  • Resistant to Corrosion: The TMT process gives these bars anti-corrosive properties. These bars undergo controlled water-cooling process that resists formation of coarse carbides. Coarse carbides are the main reasons for the corrosive nature of a common bar. Absence of surface stresses is another reason for these bars to be corrosion resistant. Thus, using them increases the longevity of a structure.
  • Cost-Effective and Malleable: High tensile strength and better elongation make these bars highly cost-effective than normal bars. They are easy to transport and malleable.

Application of TMT bars

TMT bars find their application in many avenues. They are used for constructing:

  • Bridges
  • Dams
  • High-rise apartments
  • Industrial structures
  • Flyovers

Market Outlook

The demand for low-cost reinforcement bars of higher yield strength has gone up exponentially over the last few decades. Increasing project scales with, ranging from spectacular high-rises, to mammoth dams and bridges spanning for miles together, the fascination for building ‘mega’ structures meant that plenty of research went into finding low-cost reinforcement bars of higher yield strength.

The sale of construction materials including TMT bars are estimated to grow at a Compounded Annual Growth Rate (CAGR) of 6.18% in terms of volume. Currently, the size of the Indian construction industry is USD 2.8 billion. Recently the government has announced an early completion of 10 million rural houses by the end of 2018, ahead of 2018 deadline and 11.8 million urban houses by 2020 instead or 2022 deadline under the “Housing for All” initiative. This will require huge amount of TMT bars and we expect multifold growth in demand in the coming years.

Demand Forecast of Steel Rebars

Demand Forecast of Steel Rebars.png

Increase in demand for low cost reinforcement bars in construction projects such as dams and bridges drives the global thermo-mechanically treated (TMT) steel bars market. Rise in government support for the production of steel and coal propels the thermo-mechanically treated (TMT) steel bars market. Thermo-mechanically treated (TMT) steel bars are preferred over torsional bars, as these have high strength and ductility. This is a key factor boosting the demand for global thermo-mechanically treated (TMT) steel bars market. However, technical constraints such as the properties such as ductility and strength associated with high-grade thermo-mechanically treated (TMT) steel bars are anticipated to hamper the global thermo-mechanically treated (TMT) steel bars market.

Based on dimension, the global thermo-mechanically treated (TMT) steel bars market can be segmented into 12mm, 68mm, 812mm, and others. The selection of dimensions of the steel bar depends on its use. Thermo-mechanically treated (TMT) steel bars are used in construction of the foundation, which bears the load of the building, beams, and slabs. Thermo-mechanically treated (TMT) steel bars help withstand natural calamities such as windstorms and earthquakes.

Key players operating in the global thermo-mechanically treated (TMT) steel bars market include Arcelor Mittal Zenica, Balkan Steel Engineering Ltd., Essar Steel, HBIS Group, HUS Ltd., Metalopromet d. o. o. Kula, MMD, SIDERAL S.H.P.K., SIJ Group, and TATA Steel.

Iron & Steel Industry in India

India was the world’s third-largest steel producer@ and third-largest steel consumer in 2017%. The growth in the Indian steel sector has been driven by domestic availability of raw materials such as iron ore and cost-effective labour. Consequently, the steel sector has been a major contributor to India’s manufacturing output.

India’s finished steel consumption grew at a CAGR of 5.69 per cent during FY08-FY18 to reach 90.68 MT. India’s crude steel and finished steel production increased to 102.34 MT and 104.98 MT in 2017-18, respectively.

In 2017-18, the country’s finished steel exports increased 17 per cent year-on-year to 9.62 million tonnes (MT), as compared to 8.24 MT in 2016-17. Exports and imports of finished steel stood at 4.33 MT and 5.41 MT, during Apr-Nov 2018 (P).

Iron and steel is basis for laying the vibrant Indian industry. Production of steel has come to exist as an index of a country’s potential, industrial and economic growth.

Being a core sector, steel industry tracks the overall economic growth in the long term. Also, steel demand, being derived from other sectors like automobiles, consumer durables and infrastructure, its fortune is dependent on the growth of these user industries. The Indian steel sector enjoys advantages of domestic availability of raw materials and cheap labour. Iron ore is also available in abundant quantities. This provides major cost advantage to the domestic steel industry.

Global Iron & Steel Market

Global iron & steel market is expected to witness rapid growth owing to strong demand from construction and transportation sector over the forecast period. Rapid industrialization and urbanization, particularly in the emerging regions such as Asia Pacific and Central & South America are expected to drive the overall iron & steel market.

The construction industry, by far, has been the leading consumer of steel and iron, using up more of the materials than even wood and cement. However, steel and iron producers are now compelled to compete with new construction materials such as ceramics and polymers. This has enabled the production of lightweight steel and iron products that are also high on tensile strength. The engineering industry in general – and the heavy engineering industry in particular – has relied on ferrous materials for several years now and continues to do despite the advent of an assortment of newer material varieties.

Major iron and steel producing countries are China, India, Brazil, Japan, Australia, South Korea, Germany, and Ukraine. Asia Pacific is estimated to witness fastest growth rate and is thus poised to dominate the global market. Economies such China, India, and other South-East Asian economies are presumed to lead the regional market. Developed regions such as North America and Europe are projected to experience a positive market outlook owing to considerable economic revival over the forecast period.

Major industry participants in the iron & steel market include Bridon International Ltd., ArcelorMittal S.A., Kobe Steel Ltd., Insteel Industries Inc., N.V. Bekaert SA, Steel Authority of India Ltd. POSCO, Tata Steel Ltd., Rio Tinto, BHP, Vale, Tree Island Industries Ltd., and Leggett & Platt Incorporated.

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Hybrid Electric Scooter Assembling Business

Hybrid Electric Scooter Assembling Business

Hybrid Electric Scooter Assembling Business.jpg

Hybrid Electric Scooter Assembling Business. Electric Vehicles (EVs) Industry. Business Opportunities in Electric Two-Wheelers Manufacturing Industry

Hybrid electric vehicles (HEVs) combine the benefits of gasoline engines and electric motors and can be configured to meet different objectives such as improved fuel economy, increased power, or additional auxiliary power for electronic devices and power tools. This type of vehicle is considered to have better performance and fuel economy compared to a conventional one.

The advantages of HEVs include:

  • Oil consumption is less than that of conventional vehicles.
  • Carbon-based emission is lower, which makes HEVs more eco-friendly. This also helps conserve non-renewable resources like petroleum products.
  • Maintenance costs are lower than those of conventional vehicles.
  • With the electric motor taking charge of the engine during long travels, more mileage can be achieved with HEVs compared to other types of vehicles.

Electric scooters are two or three-wheeled vehicles powered by electricity. This power is stored in a rechargeable battery, which drives the functioning of electric motors.

Market Outlook

The global electric scooter and motorcycle market size was $12,961.8 million in 2016, and is expected to reach $22,192.0 million by 2025, growing at a CAGR of 6.9% during 2017-2025. The market is predominantly driven by tax concession on eco-friendly vehicles, growing concern for increasing carbon emissions, low maintenance cost of electric two-wheelers, and favorable regulatory environment.

Electric scooters and motorcycles are emerging as the need of hour, as commuters are in demand for solutions that provide innovative travelling experience with long distance coverage backup. The electric scooters and motorcycles have been categorized into 48V, 24V, 36v and are available in even more voltages like 60V and 72V. The speed of the scooter and motorcycle range from 30 km/hr to 70 km/hr. All electric scooters and motorcycles are provided recharging by plugging into ordinary wall outlets, usually taking about eight hours to charge.

On the basis of product, the electric scooter market has been categorized into scooter and motorcycle. In terms of value, electric scooter held larger market share, accounting for more than 95% share in 2017 and is poised to continue dominating the market in the coming years as well.

Global Electric Scooter and Motorcycle Market

Global Electric Scooter and Motorcycle Market.jpg

Geographically, Asia-Pacific accounted for more than 90% of the global electric scooter and motorcycle shipments in 2016. The highest growth in shipment is expected in Europe, during the forecast period; however, the market in North America is also expected to grow at nearly the same rate. The growth of the electric scooters and motorcycles market in Asia-Pacific is due to rapid urbanization and increase in household incomes, which is attracting the consumers to replace their fuel-driven two-wheelers with the electric variant. China, India, Indonesia, Japan and S. Korea are the major electric two-wheeler markets in Asia-Pacific; other major markets in the region include Australia, and Vietnam.

The global electric scooter and motorcycle market is highly fragmented, where top five players accounted for less than 35% revenue. All of the five major players -Yadea Technology Group Co. Ltd., Zhejiang Luyuan Electric Vehicle Co. Ltd., Aima Technology Co. Ltd., Sunra Group, and Dongguan Tailing Electric Vehicle Co. Ltd., are based in China. The other players having good regional presence include Govecs Group, Amper Vehicles, Vmoto Limited, Hero Electric, Energica Motor Company S.p.A., BMW, and Mahindra GeneZe. New product launches and joint ventures have been the key strategies of these major players to expand their presence in this market.

India Electric Scooters and Motorcycles Market Overview

The Indian electric scooters and motorcycles market is projected to reach 757,900 units by 2025, registering a CAGR of 42.9% during the forecast period. The market has witnessed significant growth in the recent past owing to strict norms and regulations pertaining to environmental, government incentives, and rising environmental awareness.

India Electric Scooters and Motorcycle Market, By Voltage, ‘000 Units (2025)

India Electric Scooters and Motorcycle Market, By Voltage.jpg

Based on battery type, the electric scooters and motorcycles market has been categorized into sealed lead acid (SLA) and lithium-ion (Li-ion). Among these, the SLA battery has been accounting for higher volume sales. However, the Li-ion category is poised to grow at a faster rate during the forecast period, owing to its declining prices, and lower environmental risk and longer life span as compared to the SLA category.

Government incentive schemes, growing distributor & dealership network, rising online sales, and increasing affordability of electric two wheelers being provided by leading automobile manufacturers are some of the other key factors that would boost demand for electric two wheelers in India. Moreover, growing research & development activities are likely to result in a wide product portfolio for electric two wheelers, thereby positively influencing the country’s electric two wheeler market during the forecast period.

Some of the major companies operating in India electric two wheeler market are Hero Electric Vehicles Pvt. Ltd., Okinawa Autotech Pvt. Ltd., Electrotherm (India) Ltd., Lohia Auto Industries, Avon Cycles Ltd., Ampere Vehicles Pvt Ltd, Tunwal E-Bike India PVT. LTD, NDS Eco Motors Private Limited, Ather Energy Pvt. Ltd., Tork Motors Private Limited, etc. All these companies are well assisted by their key development teams and are strengthening their dealership network to boost their customer reach.

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