
Managing Supply Chain Risk Factory Physics , Inc Form


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FAQs
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I'm going to do a research paper on "Supply Chain Risk Management". How should I start and what authors should I be looking for? Thanks!
This site has great material http://www.husdal.com/ we have our own twist on this topic Supply Chain Risk Management
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How much will a doctor with a physical disability and annual net income of around Rs. 2.8 lakhs pay in income tax? Which ITR form is to be filled out?
For disability a deduction of ₹75,000/- is available u/s 80U.Rebate u/s87AFor AY 17–18, rebate was ₹5,000/- or income tax which ever is lower for person with income less than ₹5,00,000/-For AY 18–19, rebate is ₹2,500/- or income tax whichever is lower for person with income less than 3,50,000/-So, for an income of 2.8 lakhs, taxable income after deduction u/s 80U will remain ₹2,05,000/- which is below the slab rate and hence will not be taxable for any of the above said AY.For ITR,If doctor is practicing himself i.e. He has a professional income than ITR 4 should be filedIf doctor is getting any salary than ITR 1 should be filed.:)
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It is often said that everybody has at least one good book inside them. Just how difficult is it to get that book out in a physical form? If you manage it, how hard is it to get that book published? Would people want to read it?
Let’s say everyone has one good song in them. To learn to play piano or guitar and song writing skills in order to express that song with enough excellence to illicit people to pay money to hear it, would take years of practice. No different with writing a book. Ready to devote ten years to learning the craft of writing? Good. On average, that’s the time you’ll need to put in.
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Are there lots of opportunities in doing business in India?
[1]Profitable Business Opportunities in India:Silver NitrateSilver nitrate is an inorganic compound with chemical formula AgNO3. This compound is a versatile precursor to many other silver compounds, such as those used in photography. It is far less sensitive to light than the halides.Silver nitrate, caustic chemical compound, important as an antiseptic, in the industrial preparation of other silver salts, and as a reagent in analytical chemistry. Its chemical formula is AgNO3. Applied to the skin and mucous membranes, silver nitrate is used either in stick form as lunar caustic (or caustic pencil) or in solutions of 0.01 percent to 10 percent silver nitrate in water.A key factor driving the growth of the global silver nitrate market is the superior properties of silver nitrate. Silver nitrate is an inorganic compound that is used to produce silver derivatives and many essential chemical products owing to its superior physical and chemical properties. It is water soluble and highly hygroscopic in nature and it has antiseptic, antibacterial, and antifungal properties. Therefore, it is widely used in the medical and pharmaceutical industries. Silver nitrate is also extensively used in laboratories as an analytical reagent, catalyst, and organic staining agent, thanks to its superior chemical properties. Thus, these superior properties of silver nitrate are major factors for its use in commercial and industrial.A wide range of industrial and commercial applications makes silver nitrate an important chemical compound commercially and is a driver for the global silver nitrate market. Easy availability and low cost of the compound further fuels the growth of silver nitrate market. Growing medical & healthcare industry also tends to surge the demand for silver nitrate and compounds.The silver nitrate market on basis of region is segmented into North America, Latin America, Europe, Asia Pacific and Middle East & Africa. North America is the largest silver nitrate market in terms of value. Asia pacific is another signNow market in the global silver nitrate market with increasing production volumes. Countries in the region such as China, has outsized potential for silver nitrate production.Gypsum Plaster BoardGypsum board, also known as “drywall” or “plaster board,” consists of a core of gypsum surrounded with a paper covering. These gypsum board products include regular gypsum wallboard, moisture-resistant gypsum board, and type-X fire-resistant gypsum board. Natural gypsum is a common mineral that is easily mined or quarried. It is generally found close to the surface of the earth.Synthetic Gypsum is a by-product of cleaning the emissions of the coal burning power plants. When the coal burns, Sulfur Dioxide (SO2) is captured in the coal stacks soit is not released into the environment. Gypsum is a mineral found in sedimentary rock formations in a crystalline form known as calcium sulfate dihydrate CaSO4•2H2O. One hundred pounds of gypsum rock contains approximately 21 pounds (or 10 quarts) of chemically combined water. Gypsum Plaster Boards are constructional sheets composed of consigned Gypsum with about 15% fibre. Gypsum plaster boards are selected for use according to their type, size, thickeners and edge profit. We actively encourage a culture of innovation, which facilitates the development of new technologies and ensure a high quality product.Soda Ash (Light & Soda Ash Dense)Soda ash, the trade name for sodium carbonate (Na2CO3), is a white, anhydrous, powdered or granular material. It is an essential raw material used in the manufacturing of glass, detergents chemicals and other industrial products. Today, "natural soda ash" refined from the mineral trona is regarded as the standard for quality and purity and is also processed from sodium-carbonate-bearing brines. Sodium carbonate (Na2CO3) also known as washing soda or soda ash, is a sodium salt of carbonic acid. Most commonly occurs as a crystalline heptahydrate, which readily effloresces to form a white powder, the monohydrate.The global soda ash industry is undergoing signNow structural change, characterised by shifting capacity, the impact of rising costs for synthetic soda ash producers and developments in its core markets. Changes in soda ash markets, including the way some counties export wine without bottles, are setting new trends in the worldwide soda ash industry. Worldwide average demand for soda ash is expected to increase by 3.3% per year between 2014 and 2024, IHS’ analysis shows, driven by increased consumption in the recovering construction and automotive industries, with China, the world’s largest soda ash producer, contributing almost 4% year-on-year growth to 2024. Which facilitates the development of new technologies and ensure a high quality product. Read moreLiquid BiofertilizersCollection, management and disposal of city waste are a major problem all over the world. Rapid growth of population, indiscriminate and unplanned urbanization has worsened the problem in the developing countries. 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.The demand for fertilizers is divisible into three nutrients: nitrogen (N), phosphates (P2O5) and potash (K). Potash is used in the mineral form and is mainly imported for India's fertilizer requirements. Some plants produce only nitrogenous fertilizers, a few phosphatic and others mixed. Easier access to raw material, mainly gas, at a cheaper cost was the main motivation for the setting up of the plant overseas. The domestic expansion plan included an ammonia urea complex at a cost of Rs. 23 bn. This facilitates the development of new technologies and ensures a high quality product. Read moreAsafoetida (Hing)Asafoetida is the English name for the dried latex (gum oleoresin) exuded from the rhizome or tap root of several species of Ferula, a perennial herb that grows 1 to 1.5 m (3.3 to 4.9 ft) tall. It is part of the celery family Apiaceae. Asafoetida is thought to be in the same genus as silphium, a plant now believed to be extinct, and was used as a cheaper substitute for that historically important herb.Asafoetida It’s a hard, resinous gum derived from a perennial fennel plant that’s grayish-white when fresh but darkens with age to yellow, red and eventually brown. Asafoetida comes from the dried sap extracted from the stem and roots of a plant species that belongs to the carrot family and is used as a spice. The resin is difficult to grate and is traditionally crushed between stones or with a hammer.Asafoetida is a resinous gum of a tall perennial herb, with strong carrot-shaped roots. This is of yellow in colour with a pungent smell. It is used as a flavoring agent and forms a constituent of many spice mixtures. In India its use is increasing in Ayurveda, to improve digestion and appetite. It also provides relieves in colic and flatulence.The global asafoetida market to grow at a CAGR close to 6% during the forecast period. Besides apparel and a plethora of other items, grocery items are also becoming popular on online shopping portals. Online platforms are expected to become key distribution channels for asafoetida sales during the forecast period.Captive Thermal Power Plant for Glass IndustryA captive power plant also called auto producer or embedded generation is a power generation facility used and managed by an industrial or commercial energy user for their own energy consumption. Captive power plants can operate off-grid or they can be connected to the electric grid to exchange excess generation.A captive power plant is a facility that is dedicated to providing a localised source of power to an energy user. These are typically industrial facilities or large offices. The plants may operate in grid parallel mode with the ability to export surplus power to the local electricity distribution network. Alternatively they may have the ability to operate in island mode; i.e. independently of the local electricity distribution system.Benefits·Security of power supply through self-generation·Reduced costs through high fuel efficiency, particularly when in CHP configuration·Improved environmental performance resulting from fuel efficiencyThough the power generation industry is well established in most countries, limitations of providing good-quality power, round the clock to the industrial users, force industries to establish captive power plants. Generally, factories are established near the sourcing point of raw materials or mines; not always there is a power plant in the vicinity. If the distance is more then, the cost of transmission has to be borne by the user, along with added expenses due to the technical loss during transmission.Global captive power generation market is expected to grow due to the mushrooming power demand in emerging markets of China, India, and Middle East along with the presence of cross subsidized charge to the per unit power generation cost. Increasing population, industrialization, and urbanization is expected to augment captive power generation market growth. The advantages of captive power generation include reduced distribution and transmission losses, and higher thermal efficiency. Increasing demand for uninterrupted and reliable power is expected to have a positive impact on captive power generation market over the next seven years.These factors have made the captive power plant a popular choice for the industry developers. Since the industrial sector is one of the largest power consuming markets, this sector is likely to contribute to the growth of the captive power generation market over the next five years. Moreover, it is expected to hold a dominating market position during 2018-2023.Safed Musli (Shwet Musli/Chlorophytum Borivilianum) Cultivation & ProcessingSafed musli is used for the production of hormone which is very imperative called it is also used for the effective execution of adrenal gland which is very important for sexual arousal. It also used to improve other functions like circulation of blood treating fatigue to enhance strength and energy. It is good for all round development of health safed musli is called as Divine Medicine for its medicinal qualities. Sexual weakness has come of age; many men undergoing this process now cannot tell much about themselves. The absence of confidence associated with low sexual performance is a quiet killer. Low sperm count, inability to fertilize a woman and shortcomings of erection imprints in a man a picture that speaks for itself. Safed musli contains carbohydrates, fiber, alkaloids, saponins and proteins which makes it a natural medicine for improving immune system, blood flow to all parts of the body, essential amino acid supplementation, curing fatigue stamina and vigor. The tuber roots of the plant of safed musli are used to make a tonic to treat all types of weakness and male impotency since ancient times.There has been tremendous increase in the demand of this plant in Indian and International drug markets and a vital entity of more than hundred herbal drug formulations The annual demand for dried safed musli roots is 500 tones in India. The natural source is getting fast depleted necessitating field cultivation of this medically imported crop.Lithium Ion Battery (Battery Assembly)Lithium batteries are now powering a wide range of electrical and electronical devices, including laptop computers, mobile phones, power tools, telecommunication systems and new generations of electric cars and vehicles. Lithium ion batteries are those that can be recharged. As an example, laptop or cell phone is likely to have a lithium ion battery.The India lithium-ion battery market is expected to grow at a robust CAGR of 29.26% during the forecast period, 2018-2023. The Indian automobile sector is one of the most prominent sectors of the country, accounting for nearly 7.1% of the national GDP. The India lithium-ion battery market is expected to grow at a robust CAGR of 29.26% during the forecast period, 2018-2023. This facilitates the development of new technologies and ensures a high quality product. Read moreLPG Bottling PlantLPG cylinder filling plants vary considerably in size, complexity and layout. The type and size depends on such factors as maximum potential throughput requirements, size and type of cylinder filled and the number/ grades of products handled. Liquefied Petroleum Gas is a Propane/Butane mixture liquefied under normal ambient temperature and moderate pressures. It is a safe, clean burning, reliable, high calorific value fuel. In addition to its use as a domestic fuel, it is also widely used in industries, where there is a requirement of low sulphur content fuel and fine temperature controls.The average growth rate in demand has settled down to around 10% from a high of 18% during early 1990s. Apart from commercial and industrial establishments, 94 mn households use LPG. Projections from all three scenarios reveal that demand for LPG will signNow a minimum of 5.9 million metric tons by the year 2022. Entrepreneurs who invest in this project will be successful. Read moreAbrasive Cloth Rolls (Abrasive Emery Cloth)Emery cloth is a type of coated abrasive that has emery glued to a cloth backing. It is used for hand metalworking. It may be sold in sheets or in narrow rolls, typically 25 or 50 mm wide, often described as "emery tape". The cloth backing makes emery cloth stronger in tension than sandpaper, but still allows a sheet to be conveniently torn to size.Abrasive cloth is generally used in shoe industry, painting workshops, furniture and leather industry, metal, wood, glass and automotive industries. Abrasive cloth (Emery cloth) is originally restricted to finishing applications such as polishing or preparing surfaces for painting or plating.Abrasive cloth /emery cloth as a polishing, cleaning, shaping, smoothing and finishing material is mainly used in the metal, wood, glass and the like. The demand for the product is currently met through import. The major suppliers of abrasive/emery cloth to the Ethiopian market are China, Germany, United Arab Emirates, and Britain among others. Demand for abrasive cloth/emery cloth will increase with the development of the manufacturing sector mainly the wood and metal sub sectors.Bamboo ToothpicksBamboo toothpicks are widely used in many Asian countries, especially in China where there are a large number of small-scale toothpick production units. Bamboos are renewable, can be harvested annually and are an ideal source of softwood for light uses such as toothpicks.+Though the demand for the product is always high as it is used daily in homes and the entire hospitality industry, toothpick production is one of the most commonly overlooked business but very profitable and has big potential for job creation and growth. The raw materials (bamboos) for making toothpicks are locally available meaning there is reduced cost of production and an assurance of regular raw material supply, steady productivity, enhanced production capacity and profitability.The demand for toothpick has been growing over the years, marked by the growing demand for fast food products. This is shown by the growth and remarkable performance of fast food restaurants in the local market.Milk Chilling & Packaging Plant,Milk Processing Plant (Milk Chilling and Milk Packaging)Milk is the most valuable protein food that widely consumed by people all over the world.The milk plants include the fluid milk production, cheese production, yogurt production, ice cream production to make the huge variety of milk products like cheese, butter, cream, skimmed milk, yogurt, toned milk or double toned milk and much more. The milk processing industry in India will rise at an overall compound annual growth rate (CAGR) of 20.5%, and will be worth USD 53.17 billion by 2020.Increasing urbanization, rising incomes, and the proliferation of food and grocery retail outlets across tier 2 and tier 3 cities has led to an increasing accessibility and demand for processed milk products in India. However, the Indian milk processing industry is yet to achieve its full potential due to challenges such as gaps in the supply chain, insufficient cold storage and distribution facilities, and lack of quality feed.The U.S. market by was valued at USD 792.0 million in 2016 and is predicted to grow at a CAGR of 6.1% from 2017 to 2025. The U.S. dairy industry has experienced some major change over the past few years as the consumption of processed milk products is increasing signNowly and production of the same is declining. Moreover, reduction in cow number and increasing per capita consumption of milk are some of the major challenges witnesses by the country.The milk packaging market is expected to register a CAGR of 2.77 % during the forecast period (2018-2023). The rise in production of milk across the globe is expected to have a positive impact on the market growth over the forecast period. Furthermore, the correct choice of packaging material in accordance with the weather conditions helps in ascending shelf life of the product which is likely to boost the utilization.Apart from providing safety and hygiene of products, it enables differentiation of products of two distinct companies or competitors. Moreover, increase in demand for single serve milk packs is estimated to fuel the growth of the global milk packaging market during the forecast period. In addition, several health & nutritional benefits associated with the use of packaging materials have fueled the demand for milk in the recent years, which is expected to drive the global market during the forecast period.The global milk packaging market is segmented based on packaging type, material, and geography. On the basis of packaging type, it is categorized into cups, cans, bottles, pouches, and others. Based on material, it is classified into glass, plastic, metal, paperboard, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.Cold StorageIndia is the largest producer of fruits and second largest producer of vegetables in the world. In spite of that per capita availability of fruits and vegetables is quite low because of post-harvest losses which account for about 25% to 30% of production. This is mainly because of perishable nature of the produce which requires a cold chain arrangement to maintain the quality and extend the shelf-life if consumption is not meant immediately after harvest.A cold storage is a temperature-controlled supply chain network, with storage and distribution activities carried out in a manner such that the temperature of a product is maintained in a specified range, needed to keep it fresh and edible for a much longer period than in normal ambient conditions. According to the information collected by the expert committee on cold storage and storage, requirement of cold storage in the next five years may be in excess of 12 lakh tonnes. The working group of the planning commission for IX plan had assessed new cold storage capacity for fruits, vegetables and multi commodity as15 lakh tonnes; 13 lakh tonnes in private sector, 1.5 lakh tonnes in cooperative sector and the rest 0.5 lakh tonnes in public sector. Thus, due to demand it is a good project for entrepreneurs to invest.....I.V. FluidsIntravenous fluids are fluids which are intended to be administered to a patient intravenously, directly through the circulatory system. These fluids must be sterile to protect patients from injury, and there are a number of different types available for use. Many companies manufacture packaged intravenous fluids, as well as products which can be mixed with sterile water to prepare a solution for intravenous administration.I.V. fluids or Intravenous fluids are lifesaving drugs, which are widely used in surgery, pediatrics, urology, obstetrics and gynecology. They are given mostly to patients suffering from dehydration, diarrhoea, vomiting, gastroenteritis and excessive perspiration. The growth of the global intravenous solutions market is driven by several factors. The increasing incidence of gastrointestinal disorders, diabetes, and cancer is one of the major factors that are expected to increase the rate of adoption of intravenous solutions among consumers. Thus, due to demand it is a good project for entrepreneurs to invest....PUFFED RICE(Muri)Puffed Rice is a commonly consumed commodity as a pastime snack. It can be used in combination with nuts such as groundnut or roasted and salted cashews; with fried gram; with Jaggery and coconut gratings, or dusted with salt and spices after enrobing with oil. Since the product is easily digested and assimilated, it finds a wide acceptance among a cross section of the households. It is a versatile product with an excellent market potential.Today the snack food is one of the most important areas of the food industry. Designing snack foods today can be a complex process to meet changing consumers taste and expectations and elusive search for something unique that also appeals to a wide variety of people. Puffed rice is an ingredient of bhelpuri, a popular Indian chaat (snack). It is offered to Hindu gods and goddesses in all poojas in the South Indian states of Kerala and Tamil Nadu. Pilgrims of Sabarimala often pack puffed rice in their Irumudikettu along with jaggery meant to be offered to Lord Ayyappan. Tamil saints say that Lord Ganesh loves pori, so it should be offered to him without fail. As a whole it is a good project for entrepreneurs to invest.....Razor BladeBlade manufacture is an important industry in several of the industrially advanced countries of the world. Carbon steel blades made from high carbon steels, containing about 1.2% Carbon, have been used in safety razors since with their introduction. However, lately these are being largely replaced by stainless steel blades because of their superior performance in regard to having comfort and durability.The property requirement of the steel for use in the manufacture of safety razor blades are high hardness, corrosion resistance and amenability to a coating process by a suitable polymer. Safety razor blades currently are produced in large scale sector only. There are many types of blades in the market, for e.g. Single double edge, sandwiched and daily consumption, the industry provides good scope for investment. The razor blades are mostly being manufactured by the foreign firms in India, although Indian firms are also in the field but their product is not up to the mark. Therefore, high quality razor blades have ample scope in Indian market.The demand for men's grooming market has seen a rise in the last few years because of increased consciousness of their looks among the male customer. Also as more than 50% of the population is under the age group of 30, the industry has huge local market. Thus, due to demand it is a good project for entrepreneurs to invest…..Disposable Plastic Syringes with NeedlesThe hypodermic syringe, also known as the hypodermic needle, is a device used by medical professionals to transfer liquids into or out of the body. A syringe is one of three primary methods for introducing a drug into the body. The others are transepidermal (through the skin) and oral. Using a hypodermic needle as the method of drug administration has some signNow advantages over oral ingestion. Disposable syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes.The global prefilled syringes market size is expected to signNow a value of USD 22.5 billion by 2025, according to a by Grand View Research, Inc. The market is estimated to expand at a CAGR of 11.2% during the forecast years. Entrepreneurs who invest in this project will be successful. Read moreWelding ElectrodesWelding electrodes comprise basically of steel core wire and coating ingredients or flux mild steel core wires are used in majority of unalloyed steel electrodes. Welding electrodes are used in welding various metals in the fabrication of equipment for chemical & Allied industries, construction of steel structures such as bridges, factory sheds, in the manufacture of ships, Vehicles and engineering equipment.The welding electrodes market is projected to signNow USD 15.80 Billion by 2021, at a CAGR of 5.2% from 2016 to 2021. The key factor propelling the growth of the welding electrodes market is the increasing demand for welding electrodes from the transportation and building & construction industries. This facilitates the development of new technologies and ensures a high quality product. Read moreSteel Hinges & Tower BoltsHinges are devices that are made out of two symmetrical or none symmetrical sheet metal pieces pivot joined together with wire rod for free swinging of the two parts and are used to support doors or windows of buildings and furniture allowing a swing about the support frames. Tower Bolt is a rod-shaped bolt for fastening a door or the like, attached to one side of the door at the edge and sliding into a cylindrical casing on the frame of the opening. These may be ferrous or non-ferrous.The growth of this industry is directly linked with the growth of housing construction, ship building industry, automobiles and railways etc. The Indian construction industry is at the threshold of breakthrough, handling around Rs. 1, 50,000 Crores per five year plan period. Entrepreneurs who invest in this project will be successful. Read moreSanitary NapkinsSanitary Napkin comes under Nonwoven fabrics which as a whole come under technical textile. In addition to sanitary napkins non-woven fabric is also used in several other products like cigarette filters, headliners, airlines disposables, surgical disposables, non-woven wipes, non-woven abrasives, sports footwear components etc. Meditech products include textile material used in hygiene, health and personal care as well as surgical applications.The Indian sanitary napkin market signNowed a value of nearly US$ 414 Million in 2016, the market is expected to signNow a value of around US$ 596 Million by 2022, growing at a CAGR of more than 6% during 2017-2022. Thus, due to demand it is best to invest in this project. Read moreBattery Operated Ride on Car for KidsA toy is an item that is used in play, especially one designed for such use. Playing with toys can be an enjoyable means of training young children for life in society. Different materials like wood, clay, paper, and plastic are used to make toys. The origin of toys is prehistoric; dolls representing infants, animals, and soldiers, as well as representations of tools used by adults are readily found at archaeological sites. The origin of the word "toy" is unknown, but it is believed that it was first used in the 14th century. Toys are mainly made for children. The oldest known doll toy is thought to be 4,000 years old. In recent years many toys have become more complicated with flashing lights and sounds in an effort to appeal to children raised around television and the internet. Popular models to be made include cars, spaceships and houses. Battery-powered ride-on cars have enjoyed popularity since their appearance in the middle of the 20th century. Many new tech toys have appeared since then, but none that can replace the ride-on car with an electric engine. Becoming more sophisticated over the years, they have improved in safety and features. Battery capacity and motor power are two closely related aspects. Standard ride-on car batteries have a 6- or a 12-volt battery. The former features in less powerful cars, which are well-suited for younger children. Children below the age of four should only play with 6-volt battery ride-on cars. Older children can handle a 12-volt battery ride-on car or more.The largest group of consumers in the Indian toy industry is the pre- teenagers in the age between 7 and 12. Indian consumers are really price-sensitive and tend to buy impulse- driven. Because of that, toys with a low price point up to 199 INR (3.30 USD) account for the majority of sales with 46 % share. Independent small neighborhood retail stores are among the favorite stores for Indians to shop. The data also shows that the imports of toys in India is expected to signNow a level of approx Rs 2000 crores during year 2013-14 thereby increasing @21 percent from 2012-13. The export of toys from India is quite low; of the order of approximately Rs 250- 300 crores per annum only and mainly educational toys are being exported to USA, UK and UAE etc.The Indian fast-moving consumer goods (FMCG) companies have performed better than their multinational peers as the combined revenue of country's seven leading FMCG companies stood at US$ 11.1 billion in FY 2015-16. The electronics market of India is one of the largest in the world and is anticipated to signNow USD 400 billion by 2020. Thus, due to demand it is best to invest in this project.Furfural from Bagasse and CorncobsFurfural is produced from agricultural waste biomass that contain pentosans, which are aldose to sugars, composed of small rings formed from short five-member chains, that constitute a class of complex carbohydrates, present in cellulose of many woody plants such as corn cobs, sugar cane bagasse, rice, wheat bran, sawdust and oat hulls etc. Furfural is a clear, colorless motile liquid with a characteristic ‘almond-Benz aldehyde’ odor and it is an aldehyde of furan. Any material containing pentosans can be used for the production of furfural. Technically furfural is produced by acid hydrolysis of the contained in woody biomass. Furfural is the only organic compound derived from biomass that can replace the crude oil based organics used in industry. Furfural can be used for the production of lubricants; specialist adhesives and plastics; and nylons. It is the starting material for cycling shorts. The rapid furfural test is a chemical test used to distinguish between glucose and fructose. The rapid furfural test is similar to Molisch's test but uses concentrated hydrochloric acid instead of concentrated sulfuric acid and the solution is boiled.The global furfural market was valued at US$1.3 bn by 2013,US$450 million in 2014,$663.5 million in 2015 and In 2016, the market was valued USD 557.4 Million in terms of revenue. By Regions, 2017-2025” is expected to signNow USD 1393.9 Million by 2025 in terms of revenue. In terms of volume, is estimated to signNow by 464.5 Kiloton in 2016, $1,434.1 million by 2022 and expected to signNow $1184.8 Kilo ton by 2025 and registering a CAGR of 11.6% during the forecast period. The Furfural market is expected to grow at a high rate during 2017 to 2025. As a whole you can invest in this project without risk and earn profit.Here, checkout this link on popular business ideas for different industries that have great future potential.Detailed Project Report (DPR)Hope that helps.Best Regards,Ajay GuptaFootnotes[1] NIIR PROJECT CONSULTANCY SERVICES, NPCS, India - Business Consultant, Project Report, Technology Books, Directory
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