PROJECT CONSULTANCY SERVICES FOR THE PREPARATION OF ADHESIVES
Adhesives
Introduction
Adhesives can be defined as a material used for bonding that exhibits flow at the time of application. In geometry, the surface is a two-dimensional geometric figure that limits the space filled with matter, i.e. surface in a theoretical sense. In mechanics, the surface is defined as the edge of a material body, which may be analysed in a molecular scale, micro- and macro size. There are certain adhesion theories based on surface chemical phenomena. In some special cases, either pure adsorption, or electrical or diffusion attractive forces are found at an adhesive-bound interface.
Material should have following characteristics to behave like an adhesive
Ø It must "wet" the surfaces
Ø It must adhere to the surfaces
Ø It must develop strength
Ø It must remain stable
Read our Book Here: Adhesives Formulary Handbook (Second Edition)
Adhesive raw material types
There are three types of raw materials
Ø Natural
Ø Semi synthetic
Ø Inorganic
Types of adhesives
There are basically two types of adhesives: resin-based and gum-based. In between the two types, there are various categories of adhesives sold in the market place. These include:
- Natural adhesives
- Synthetic adhesives
- Drying adhesives
- Contact adhesives
- Hot adhesives
- Reactive adhesives
- Pressure sensitive adhesives
Uses
Adhesives can be used in creating adhesive joints, sealing, applying protective or decorative coating (paint or varnish), printing, furniture, construction, stationery and others. Surface Preparation Techniques for adhesives
- Chromic Acid Etch
- Sulfuric Acid Anodizing and "Hard" Anodizing
- Phosphoric Acid Anodizing
- Chromic Acid Anodizing
Market structure
Over the last few years, the adhesive business has seen global players setting up new capacities in India. With customs duty nearing Asian levels, competition will further intensify from imports as well as the low cost local players. The market size of all types of adhesives is very large and growing. Of this, the premium products account for some 45%. Quantitatively, the overall market size is growing annually at 11%.
Jubilant Organosys established a plant to manufacture Vinyl Acetate Monomer (VAM) and introduced its synthetic wood adhesive Vamicol in 1989. Vamicol has logged a growth of 12-15%.It has nearly 15,000 outlets throughout the country. Pidilite Industries is the largest adhesive manufacturer in India, with its most famous product being Fevicol. It is the market leader in adhesives and sealants, construction chemicals, hobby colours and polymer emulsions in India. Fevicol is now claimed to be the largest selling adhesives brand in Asia. The company's wholly owned US subsidiary Pidilite USA Inc, acquired Cyclo brand in June 2006. Cyclo products are sold in the USA and over 50 other countries. It also acquired Sargent Art brand at the same time. The product range includes crayons, tempera colours, acrylic colours, modelling clay and many other products.
Bostik of the UK, another 100% Totalfina-Elf subsidiary, had a technical collaboration with Coates of India for the manufacture of industrial adhesives in the country. The company has already expanded its capacity by setting up a plant at Ahmedabad and increasing the capacity of its plant at Noida (UP). ICI India has acquired controlling interest in Polyinks Pvt Ltd a hotmelt adhesives company and helped the business to improve its market share in the book binding and soap wrapper adhesive segments.
FAQ: Why should startups invest in the Adhesive Manufacturing Sector and what are the Merits of Choosing Project Consultancy Services for the Preparation of Adhesives?
Answer: The adhesive manufacturing sector presents an exciting opportunity for startups for several reasons:
- Market Size and Share: The global adhesive market has seen steady growth, with increasing demand from industries like construction, automotive, packaging, and healthcare. The market's expansive size suggests a substantial opportunity for new entrants to carve out a niche or introduce innovative products.
- Trends: Modern manufacturing and design trends, especially in electronics, automotive, and aerospace, increasingly rely on specialized adhesives instead of traditional fastening methods. There's a rising trend towards green and sustainable adhesives, opening doors for startups focusing on eco-friendly solutions.
- Analysis and Future Opportunities: With the evolving needs of various industries, there's a constant demand for better-performing, cost-effective, and environmentally friendly adhesive solutions. This ongoing requirement ensures that the market is always open to innovative and superior products.
- Role of Project Consultancy Services: Engaging with a consultancy service specialized in adhesive preparation can provide startups with critical insights into the market, assist in research & development, streamline production processes, and ensure compliance with industry standards. These services can significantly reduce the time-to-market, giving startups a competitive advantage.
Investing in the adhesive manufacturing sector, equipped with the expertise and insights from project consultancy services, can position a startup favorably in a market that promises growth, innovation, and sustainability.
How Niir Project Consultancy Services (NPCS) can be helpful:-
NPCS can provide project consultancy services to any budding entrepreneur, who wants to get knowledge on preparation of Adhesives. Consultancy can provide the complete report covering topics like Plant Economics, Production Schedule, Land & Building, Site Development Expenses, and Working Capital Requirement etc.
NIIR Project Consultancy Services helps in establishing business prospective in preparation of adhesives. Detailed project report can be modified as per requirement of cost and capacity of the project. Our consultancy has a state-of-the-art experience in preparing projects report on different subjects as per need.
Detailed project report contains:
- Introduction
- Properties
- BIS (Bureau of Indian Standard) Specifications & Requirements
- Uses & Applications
- Present Indian Market Position
- Expected Future Demand
- Export & Import Statistics Data
- Names and Addresses of Existing Units (Present Manufactures)
- List of Plant & Machineries
- Miscellaneous Items and Accessories
- Instruments, Laboratory Equipments and Accessories
- Electrification, Electric Load and Water
- Maintenance, Suppliers/Manufacturers of Plant and Machineries
- Process of Manufacture
- Flow Sheet Diagram
- List of Raw Materials
- Availability of Raw Materials
- Requirement of Staff & Labour
- Personnel Management
- Skilled & Unskilled Labour
- Requirement of Land Area
- Built up Area
- Plant Layout.
Along with financial details as under:
- Assumptions for Profitability workings
- Plant Economics
- Production Schedule
- Land & Building
Factory Land & Building
Site Development Expenses
Indigenous Machineries
Other Machineries (Miscellaneous, Laboratory etc.)
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/Realization
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 Realization
- 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