• 0
  • Search
     

Why To Invest In Cast Iron Pipes Business?


Cast iron piping has been used for more than 500 years, originally as grey cast iron piping. They were primarily used for the conveyance of drinking and process water with the start of gas supplies more than 100 years ago, cast iron piping was used for this purpose as well. Cast iron pipe is great for many projects around the home. They are known for transporting water, storm drains and sewage and typically chosen over other options like PVC, especially in high rise projects like draining from the roof. Another great use for a cast iron pipe is for a garbage disposal because it is highly resistant to the grinding and abrasions that may be caused with food and particles going in and out daily.


Related project:- Cast Iron Earth Pipes With Flanges - Manufacturing Plant, Detailed Project




Usage of Cast Iron Pipes in Various Industries

 

Because of its excellent sound absorption characteristics, cast iron piping in the sewage sector is used primarily as soil piping in buildings. Such piping has hardly been used as underground piping. Unprotected and earth-covered piping of ductile cast iron can be damaged by corrosion from the outside and inside when they come into contact with oxygen-enriched watery media, so that such pipes must be provided with an outer and inner corrosion protection when used in water or sewage sectors. Coverings of polyester foils or cement mortar, galvanizing with covering layers or bitumen are used for external corrosion protection.

 

Related books:- Handbook on Steel Bars, Wires, Tubes, Pipes, S.S. Sheets Production with Ferrous Metal Casting & Processing

 

Another reason that cast iron pipes are better for home projects is because they don't echo when water moves through. The material is very dense so when water moves through the pipes in your house, you can't hear anything. PVC pipes however are not very good for home projects. They look very sturdy and are, but they are wide open in the middle so when water moves through them in your home, you can hear every sound that it makes. You do not want to be eating a nice dinner in the dining room or sleeping in the middle of the night and hear your sewage moving through the house.

There are four different pressure classes for cast iron pipes and each of those four vary in the outside diameter as well as the inner wall thickness. Class A and B have a smaller diameter than class C and class D. Different projects will vary in what class of cast iron piping you will need. Along with a class though they do come with actual number sizes to help you figure out what you will need and make it easier to spot.

 

Market Analysis of the Industry

 

The worldwide Ductile Iron Pipe market size is projected to reach USD 12190 million by 2026, from USD 10390 million in 2020, at a CAGR of 2.7% during 2020-2026. The market is gaining growth on account of rising installation of the products in developed and developing nations. The initiatives undertaken by various governments towards water sanitation are further fueling the market growth. Ongoing industrialization and urbanization along with rise in retrofitting of the existing pipelines is also contributing the demand for ductile iron pipe.    

 

Related videos:- Steel and Steel Products, Iron and Steel, Ferrous Metals Products,Alloy Steel ,Tinplate, Carbon Steel, Steel Mill,Forge Products, Mild Steels Projects




It is manufactured through centrifugal casting procedure within a blast furnace and special coating is applied to impart resistance from corrosion. These have higher strength & shelf life, good sealing effect, easy installation & maintenance, with anti-corrosion property have expanded its application in municipal, industrial and other application.

 

Related projects:- Iron and Steel, Ferrous Metals Products

 

Conclusion

The project report by Niir Project Consultancy Services (NPCS) helps you to identify a profitable project for investing or diversifying by throwing light on crucial areas like industry size, the market potential of the product, and reasons for investing in the product. The report covers 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.

 

Noo_Art21

 

Tags:-

 

#DetailedProjectReport   #businessconsultant   #BusinessPlan 

#feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness  #BusinessIdeas  #StartupBusinessIdeas  #BusinessOpportunity #CastIronPipes #IronBusiness #garbagedisposal #IronProduction #IronManufacturing #IronIndustry #IronMarket


 

ABOUT NPCS

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.

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.
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.

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:

Introduction
  • Project Introduction
  • Project Objective and Strategy
  • Concise History of the Product
  • Properties
  • BIS (Bureau of Indian Standards) Provision & Specification
  • Uses & Applications
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
Raw Material
  • List of Raw Materials
  • Properties of Raw Materials
  • Prescribed Quality of Raw Materials
  • List of Suppliers and Manufacturers
Personnel (Manpower) Requirements
  • Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel
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)
Manufacturing Process and Formulations
  • Detailed Process of Manufacture with Formulation
  • Packaging Required
  • Process Flow Sheet Diagram
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

Assumptions for Profitability workings
Plant Economics
Production Schedule
Land & Building
  • Factory Land & Building
  • Site Development Expenses
Plant & Machinery
  • Indigenous Machineries
  • Other Machineries (Miscellaneous, Laboratory etc.)
Other Fixed Assets
  • Furniture & Fixtures
  • Pre-operative and Preliminary Expenses
  • Technical Knowhow
  • Provision of Contingencies
Working Capital Requirement Per Month
  • Raw Material
  • Packing Material
  • Lab & ETP Chemical Cost
  • Consumable Store
Overheads Required Per Month And Per Annum
  • Utilities & Overheads (Power, Water and Fuel Expenses etc.)
  • Royalty and Other Charges
  • Selling and Distribution Expenses
Salary and Wages
Turnover Per Annum
Share Capital
  • Equity Capital
  • Preference Share Capital
Annexure 1:: Cost of Project and Means of Finance
Annexure 2:: Profitability and Net Cash Accruals
  • Revenue/Income/Realisation
  • Expenses/Cost of Products/Services/Items
  • Gross Profit
  • Financial Charges
  • Total Cost of Sales
  • Net Profit After Taxes
  • Net Cash Accruals
Annexure 3 :: Assessment of Working Capital requirements
  • Current Assets
  • Gross Working. Capital
  • Current Liabilities
  • Net Working Capital
  • Working Note for Calculation of Work-in-process
Annexure 4 :: Sources and Disposition of Funds
Annexure 5 :: Projected Balance Sheets
  • ROI (Average of Fixed Assets)
  • RONW (Average of Share Capital)
  • ROI (Average of Total Assets)
Annexure 6 :: Profitability ratios
  • D.S.C.R
  • Earnings Per Share (EPS)
  • Debt Equity Ratio
Annexure 7 :: Break-Even Analysis
  • Variable Cost & Expenses
  • Semi-Var./Semi-Fixed Exp.
  • Profit Volume Ratio (PVR)
  • Fixed Expenses / Cost
  • B.E.P
Annexure 8 to 11:: Sensitivity Analysis-Price/Volume
  • Resultant N.P.B.T
  • Resultant D.S.C.R
  • Resultant PV Ratio
  • Resultant DER
  • Resultant ROI
  • Resultant BEP
Annexure 12 :: Shareholding Pattern and Stake Status
  • Equity Capital
  • Preference Share Capital
Annexure 13 :: Quantitative Details-Output/Sales/Stocks
  • Determined Capacity P.A of Products/Services
  • Achievable Efficiency/Yield % of Products/Services/Items
  • Net Usable Load/Capacity of Products/Services/Items
  • Expected Sales/ Revenue/ Income of Products/ Services/ Items
Annexure 14 :: Product wise domestic Sales Realisation
Annexure 15 :: Total Raw Material Cost
Annexure 16 :: Raw Material Cost per unit
Annexure 17 :: Total Lab & ETP Chemical Cost
Annexure 18 :: Consumables, Store etc.,
Annexure 19 :: Packing Material Cost
Annexure 20 :: Packing Material Cost Per Unit
Annexure 21 :: Employees Expenses
Annexure 22 :: Fuel Expenses
Annexure 23 :: Power/Electricity Expenses
Annexure 24 :: Royalty & Other Charges
Annexure 25 :: Repairs & Maintenance Exp.
Annexure 26 :: Other Mfg. Expenses
Annexure 27 :: Administration Expenses
Annexure 28 :: Selling Expenses
Annexure 29 :: Depreciation Charges – as per Books (Total)
Annexure 30 :: Depreciation Charges – as per Books (P & M)
Annexure 31 :: Depreciation Charges - As per IT Act WDV (Total)
Annexure 32 :: Depreciation Charges - As per IT Act WDV (P & M)
Annexure 33 :: Interest and Repayment - Term Loans
Annexure 34 :: Tax on Profits
Annexure 35 ::Projected Pay-Back Period And IRR