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Rubber Gloves Manufacturing Project
Rubber gloves are being used in the automobile industry, medical industry, and manufacturing industry including food processing. The main purpose of using these rubber gloves is to protect the hands and fingers from direct contact with heat, friction, electric shock, chemical attack, contamination such as medical examination gloves, etc.
The process of manufacturing rubber gloves is not complicated and the main raw material is rubber latex. This small business can be started on a small scale with little startup capital.
Is the rubber glove manufacturing business profitable?
Due to the rapid industrialization and urbanization of our country that is happening at present, the demand for industrial and domestic rubber gloves is increasing rapidly. Many workers in the chemical, electrical, and food processing industries use rubber gloves.
Similarly, the number of people using gloves for household purposes during floor polishes, handling of detergents, pesticides, and the like is also increasing, especially in urban areas.
The Indian market for manufacturing gloves, automobile gloves, medical gloves is still evolving. While the global market is growing at an annual growth rate (CAGR) of two percent, the Indian market is growing at seven percent.
Every day a new hospital or nursing home pops up in India. As a result, demand for medical gloves is expected to increase. Medical tourism is also increasing the range of this product in our country. Hence the market size for surgical gloves only in India is Rs 300 crores. Given all this, there is good scope to start a small scale rubber glove-making unit.
Registration and permission for manufacture of rubber gloves
In the initiative of making rubber gloves, your first step is registering your business with the company’s register with ROC or alternative you can create proprietorship, partnership, LLP or One Person Company.
You have to get a trade license from Local Municipal Authority and Udyam Registration on online portal of Ministry of Micro, Small, Medium Enterprises. You must apply for consent to establish and operate a pollution control board. Commercial electrification is also necessary.
A customized project report with financial evaluation is recommended before starting the rubber glove manufacturing business. In arranging finance, it is mandatory.
Two types of costs are usually involved in the manufacture of rubber gloves. One is working capital and another is fixed capital.
For fixed capital requirements, you can apply for a term loan, and for working capital needs, you can go to a cash loan or overdraft account. You can apply for a joint project loan to any bank or financial institution.
Rubber Glove Manufacturing Unit Setup
In the manufacturing unit for making rubber gloves, you first need to find the right location for factory operation. According to the project report, the setup should have the necessary space.
Additionally, you should prioritize the main utilities like water and electricity. Proper layout planning is important for machinery installation, raw material storage, packaging unit, and material storage.
Machines for manufacturing rubber gloves
Listed below are some of the basic production machinery, equipment, and equipment to start a rubber glove manufacturing unit:
- Ball mill with ceramic pot with 3 hp motor
- Performance of 100-liter capacity tank with steamer arrangement with motor
- Compound tanks of 100 liter capacity (coagulant and pre-vulcanizing watts) with cover
- Dieting vats of 100 liter capacity (coagulant and pre-vulcanizing vats) with cover
- A 5 ”× 3” × 4 ”hot air oven/microwave is electrically heated with thermostatic control
- Former for gloves
- Weight Scale
- Packaging machine etc.
Raw material for rubber gloves
The rubber glove production unit can be operated in two ways. Centrifuge from a raw rubber is by preparing latex and then making gloves from it.
Another centrifuge latex is used as a raw material in the production of rubber gloves. For a smaller scale unit, you have to opt for the second option.
Essential raw materials are potassium hydroxide, china clay, centrifugal latex-60% DRC, sulfur, ZDC, zinc oxide, Vulkanox SP, vegetable oil, dispersing agent, formic acid, talc, titanium dioxide, stabilizer, etc. Also, arrange for packaging consumables.
Rubber Glove Production Process
The manufacturing process consists of concentrated creamed or centrifuged latex mixed with essential chemicals and dipping the appropriate former into the compound and mature latex.
Additionally, repeat the needle operation until the farmers have sufficient deposits of rubber. Then dry the deposition of rubber at 70 ° C and vulcanize it at 12 ° C. It was then stripped from the east and inspected. Finally, pack the finished rubber glove and send them for storage and dispatch.
Project Report Format
In our project report format, we cover technology details, its diagrams, flow chart etc.. as and when required or deemed fit to include. Also, prepare in-depth financial calculations including CMA which is necessary for the Investor/bank.
Key Points Cover in Details Project Report on Rubber Gloves Manufacturing
As mentioned above, Rubber Gloves Manufacturing Detail Project Report (DPR) is a complete package that contains everything that requires getting funds up to 25 Crores (Twenty Five Crores). Checkout our DPR sample to make your vision more clear. Usually, the Detailed Project Report (DPR) is needed when you apply for a bank loan or Government scheme. Project Report Bank aims to create the reports accurately from the start and make sure that businessmen get the right value and results from the reports.
The following are the key points we generally covers while making DPR, whichever relevant to your business :-
- Introduction to Project and Industry
- Executive Summary
- Profile of the business in the country
- Project Evaluation – Social Angle
- Analysis of basic variables
- Socio- Economic Advantage
- Impact on environment
- Foreign Trade Income
- Value addition
- Import replacement
- Technology assimilation and so on
- Present condition of the business
- Consumer Inclinations
- Market Prerequisites
- Market Portions
- Distribution Channels
- Market Qualities of the Item
- Export Possibilities and Global Market
- Marketing and selling game plans
- SWOT Analysis
- Particulars Of Existing / Proposed Bank Credit Facilities (Form – I)
- Projected Profitability Statement ( Form – II)
- Projected Balance Sheet (Form – III)
- Comparative Operation Statement (Form – IV)
- Maximum Permissible Bank Finance MPBF – (Form – V)
- Cash Flow Statement – (Form – VI)
Monetary Projections Details Contains:
- Cost of Project & Means of Finance
- Details of Raw Materials
- Details of Utilities
- Human Resources Planning
- Technical Manufacturing Business Process
- Assumptions in monetary projections
- Projected Sales & Production
- Cost of Production and Profitability
- Fund Flow Statement
- Working Capital Cycle
- DSCR – Debt Service Coverage Ratio
- BEP – Break Even Point Analysis
- IRR – Internal Rate of Return
- ISCR – Interest Service Coverage Ratio
- Calculation of payback period
- Debt to Equity Ratio
- Working Notes for Monetary Projections
- EBIT – Earnings before interest and taxes
- EBITDA – earnings before interest, taxes, depreciation, and amortization
- Cash Burn Rate
- Discounted Cash Inflow & Outflow
- NPV – Net Present Value
- Net Worth
Report Size : 40 – 50 Pages,
In which, Financial Projections : 18 – 20 Pages
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The rubber gloves manufacturing business is quite inexpensive to start. As rubber gloves are used to protect the hands and fingers from direct contact with heat, friction, electric shock, chemical attack, contamination such as medical examination gloves, etc. these are used on large scale today and their demand is high in the market. Moreover, rubber gloves manufacturing business can be started on a small scale with little startup capital and every person with small investment amount can start this business.
Rubber gloves manufacturing business require financial loan and machinery, for manufacturing, you need a large area to set up your machinery. This is the only weakness of this business that you can overcome easily by keeping things simple.
For earning profit in rubber gloves manufacturing business, you can make a deal with the medical industry, automobile industry, and manufacturing industry including food processing. Rubber gloves manufacturing businesses are gaining so much popularity nowadays so rubber gloves are having great opportunity if the marketing is doing in a pro manner.
Like any other business, one of the major threats is that we are facing a potential economic downturn. Nowadays rubber gloves manufacturers are increasing rapidly so it may be possible you have to fight for making your name in the market.
Although these are simple production plans for the rubber gloves manufacturing business. It is being used in the automobile industry, medical industry, and manufacturing industry including food processing. And anyone can start this business on a small and large scale with a small investment.
Rubber Gloves Manufacturing business plan
A clear Rubber Gloves Manufacturing Project Report is crucial for your success as an entrepreneur. Therefore, you also wish to contemplate some important, like your initial costs, your target market, and how long it’ll see you interrupt even. Also, draft a proper Rubber Gloves Manufacturing Project Report that describes your expected income, product and repair lines, expansion plans, and other details of your business. Because, a well-drafted project report will facilitate you in applying for any bank loan. Therefore, you can get a well-draft project report from our website www.projectreportbank.com
How are the gloves made?
How gloves are made. Whatever materials are made of rubber gloves, they are manufactured in the same original way. The process begins with a hand-shaped ceramic or aluminum mold on a conveyor, which is dipped in washing tanks with hot water and chlorine or bleach and then dried.
Which is better nitrile or latex gloves?
In general, latex gloves provide the best protection against bacteria and viruses, while synthetic gloves provide better chemical protection. In various types of latex-free gloves, nitrile gloves provide a high level of protection against viruses, besides they provide chemical protection.
Can I reuse my rubber gloves?
In short, disposable gloves are not reusable, they are designed to be used once and then thrown out. However, there are some examples where workers reuse disposable gloves from washing, then turning them inward to save on costs.
What is called artificial rubber?
Synthetic rubber, like other polymers, is made from various petroleum-based monomers. The most prevalent synthetic rubber is styrene-butadiene rubbed fabric (SBR), taken from the copolymerization of styrene and 1, 3-butadiene. Other synthetic rubbers include polyisoprene, which is produced by the polymerization of synthetic isoprene.
Where are rubber gloves made?
Powder in gloves is made of USDA cornstarch. Powder-free gloves are usually more expensive than powdered gloves because gloves must be extracted from the mold from which they are made. Most disposable gloves are manufactured in China, Malaysia, Indonesia, and Vietnam.
Do hospitals use latex gloves?
Nitrile gloves are becoming a standard medical supply for hospitals and emergency personnel. But they are also used by police officers, security guards, housekeepers, factory staff, and veterinarians. On the other hand, latex gloves are still widely used by surgeons and doctors performing in minors.
What gloves do hospitals use?
In general use, there are three different types of medical gloves – latex, vinyl, and nitrile. Latex is made of rubber, is a natural material. Latex is most often used in medical procedures. Vinyl is an artificial man-made material made of plastic from ethylene and chlorine.
How long do rubber gloves last?
If properly stored, latex and nitrile gloves should be good for about five years. if they are placed in their original packaging and put in the right place.
Why are my rubber gloves sticky?
Latex rubber gloves become sticky and dirty over time. Aging is also carried out using very hot water. Then the oil can be washed off with warm soapy water. Once the gloves become sticky, they should be discarded.
Are rubber gloves plastic?
The most popular glove material, latex is a biodegradable material produced from latex ducts of rubber trees and is still the most elastic, flexible, and form-fitting material for gloves, despite the development of synthetic materials.
Are nitrile gloves made of rubber?
Nitrile is a synthetic copolymer, formed through acrylonitrile and butadiene combining. Nitrile gloves begin their lifecycle as rubber from rubber trees. They are then transformed into latex rubber. The reprocessing and removal of all latex proteins means that nitrile material also has a lower allergy rate than latex
What is used to make latex gloves?
The most popular glove material, latex is a biodegradable material made of material originating from the latex ducts of rubber trees and despite the development of synthetic materials, is still the most elastic, resilient, and form-fitting material for gloves