Detailed Project Report on Laminated Particle Board Manufacturing Plant

LAMINATED PARTICLE BOARD 

MANUFACTURING PLANT

[CODE NO.4251] 

The impact of COVID-19 on the furniture industry was severe. During January 2020 - September 2020, the gross absorption of commercial office fell by 46% year on year to 22.5 million sq. ft due to prolonged lockdown in the country impacting the furniture market in the commercial sector. Construction work in the country has come to a standstill due to the nationwide lockdown to combat the COVID-19 pandemic kicking in, triggering concerns that the companies would see revenues being hurt and may even incur losses in some projects. The country-wide lockdown imposed by the government to check the spread of coronavirus has resulted in construction companies announcing a shutdown of operations. This is likely to delay the implementation of projects, leading to cost overruns and impacts on the workforce. However, the condition is expected to recover in 2021, thereby restoring the growth trajectory of the market studied.

In the long term, a major factor driving the market studied is the increasing demand for furniture in the office space and hospitality sectors. International hotels are expanding their presence in the country and are likely to account for around 47% of the Indian tourism and hospitality sector. Many hospitality groups (both Indian and foreign) are investing in projects related to hotel construction in India. For instance, Hilton, a global hospitality major, is planning to open another 18 hotels across the country by 2021, which is likely to boost market demand.

• Increasing usage of medium-density fiberboard as a substitute to particle board can hinder market growth in the country.

• In the raw material segment, wood dominated the market in 2020 and is expected to grow during the forecast period.

• Upcoming construction and infrastructure projects in the country are likely to act as an opportunity in the future.

Scope of the Report

Particle board, also known as fiberboard, is an engineered material that is made of separate fibers. Fiberboards are generally made of engineered wood, which is either hard or softwood. This is mixed with wax and resin binders by applying high pressure and temperature. The India Particle Board is segmented by raw material and application. By raw material, the market is segmented into wood, bagasse, and other raw materials. By application, the market is segmented into construction, furniture, infrastructure, and other applications. The report offers market size and forecasts for the Indian particle board market in revenue (USD million) for all the above segments.

Key Market Trends

Increasing Demand for Furniture from the Office Space and Hospitality Sectors

• Office space leasing in the country has increased by about 27%, crossing over 69.4 million sq ft in 2019.

• In India, the furniture market is expected to register a growth rate of more than 20% in the coming years.

• With the demand from technology, e-commerce companies, and banking-financial services, the office space requirement in India is significantly rising, resulting in the construction of new offices, thereby enhancing the demand for furniture in the offices. Bengaluru city is leading the office demand and supply activity in the country.

• The travel and tourism contribution to the GDP in the year 2019 was 6.8% of the total economy, USD 194.3 billion.

• The Indian government is supporting the tourism and hospitality sector with various initiatives and investments. Under the Union Budget 2020-2021, INR 207.55 crore was allocated to the Ministry of Tourism to develop tourist circuits under PRASHAD scheme. In addition, the government created a category of visa, M-visa category, to encourage medical tourism.

• An increase in the demand from the office space and hospitality sector projects, coupled with several government initiatives and investments, is likely to boost the furniture market’s growth significantly.

COST ESTIMATION

Plant Capacity                                   153333.34 sq.ft./Day

Land & Building (9000 sq.mt.)  Rs. 2.49 Cr

Plant & Machinery                               Rs. 41.38 Cr

Working Capital for 1 Month             Rs. 20.92 Cr

Total Capital Investment                   Rs. 65.41 Cr

Rate of Return                                      58%

Break Even Point                                 34%

CONTENTS

INDUSTRY OVERVIEW

SCOPE OF THE REPORT

KEY MARKET TRENDS

FURNITURE TO BE THE MAJOR APPLICATION

COMPETITIVE LANDSCAPE

MAJOR PLAYERS

MARKET OVERVIEW

BY PRODUCT

BY APPLICATION

MARKET DRIVERS AND CHALLENGES

GROWTH INDICATORS

BARRIERS

LAMINATE AND PLY FURNITURE SURFACES

FURNITURE INDUSTRY

GROWTH TRENDS

FORECAST

LATEST DEVELOPMENTS

THE REASON BEHIND THE GROWTH OF INDIAN FURNITURE INDUSTRY

TOP 10 PRE LAMINATED PARTICLE BOARD MANUFACTURING COMPANIES IN INDIA

GREENLAM 

SUNMICA

FORMICA

CENTURY PLY

MERINO LAMINATES

DURIAN

SUNDEK

ASIS LAMINATES

VIRGO LAMINATES

DELTA LAMINATES

APPLICATION & USES

CONSUMPTION IN INDIA 

RAW MATERIALS

MACHINERY TECHNICAL DETAILS

MANUFACTURE PROCESS

WHAT IS PARTICLE BOARD? HOW PARTICLE BOARD IS MADE

PARTICLE BOARD MANUFACTURING PROCESS

1. PREPARE RAW MATERIAL

2. CONVERTED INTO PARTICLES

3. PARTICLES DRIED

4. PARTICLES CLASSIFIED AND SCREENING

5. BLENDED WITH RESIN AND ADDITIVES

6. PARTICLE, RESIN AND ADDITIVE BLEND IS FORM INTO A MATTRESS

7. HOT PRESSED TO COMPACT THE PARTICLES TOGETHER AND CURE THE RESIN TRIMMING AND CUTTING

8. COOLED AND FINISHED

PARTICLE BOARD MULTI-OPENINGS PRODUCTION LINE WITH CAPACITY OF 110~500 CBM PER DAY

SUMMARY OF PROCESS FLOW

MAIN CHARACTERISTICS OF PARTICLE BOARD PRODUCTION LINE

MAIN ECONOMIC AND TECHNICAL DATA

KEY EQUIPMENT OF PARTICLE BOARD PRODUCTION LINE

1. DRUM CHIPPER

2. KNIFE-RING FLAKER

3. DRYER

4. SCREEN AND SIFTER

5. FORMING STATION

6. HOT PRESS

7. SANDING MACHINE

LAMINATE MANUFACTURING PROCESS

BASIC RAW MATERIAL

MACHINES USED

THE LAMINATE MANUFACTURING PROCESS

STEP 1: SOAKING THE PAPER IN RESINS

STEP 2: DRYING THE PAPERS

STEP 3: HIGH-PRESSURE PRESSING AND BONDING

STEP 4: SANDING THE NON-DECORATIVE SIDE

STEP 5: TESTING, PACKING, SHIPPING

MANUFACTURING OF LAMINATES

MANUFACTURING PROCESS OF LAMINATE

TYPES OF LAMINATES

A. ACCORDING TO PRESSURE APPLIED

1. HIGH PRESSURE LAMINATES (HPL)

PRESSURE AND TEMPERATURE CONDITIONS FOR HIGH PRESSURE LAMINATE

2. LOW PRESSURE LAMINATES (LPL)

PRESSURE AND TEMPERATURE CONDITIONS FOR LOW PRESSURE LAMINATE

B. ACCORDING TO THICKNESS

1. REGULAR LAMINATE SHEETS

REGULAR LAMINATE SHEETS

2. COMPACT LAMINATE SHEETS

COMPACT LAMINATE SHEETS

C. ACCORDING TO USAGE

1. DECORATIVE LAMINATES

DECORATIVE LAMINATE USED IN BEDROOM FURNITURE

2. INDUSTRIAL LAMINATES

DUSTRIAL LAMINATES USED IN A WAREHOUSE

D. ACCORDING TO SURFACE FINISH

1. SOLID COLORED LAMINATES

COLORED LAMINATE USED IN KITCHEN CABINET

2. GLOSS FINISH LAMINATE

GLOSS FINISH LAMINATE USED IN LIVING AREA

3. MATT FINISH LAMINATES

MATT FINISH LAMINATE FOR LIVING AREA

4. TEXTURED LAMINATES

XTURED LAMINATE FLOOR

5. WOOD GRAIN LAMINATES

D GRAIN LAMINATE IN OUTDOOR PORTICO

6. METAL LAMINATES

METAL LAMINATE SHEET

LEATHER LAMINATE SHEETS

8. DIGITAL LAMINATE SHEETS

E. ACCORDING TO ADVANCED PROPERTIES

1. FIRE RATED LAMINATE

2. ANTI-BACTERIAL LAMINATE

AMINATES USED IN INTERIOR OF HOSPITAL

3. ELECTROSTATIC DISSIPATIVE LAMINATE

4. MAGNETIC LAMINATE

MAGNETIC LAMINATE ON CABINETS

5. MARKER OR CHALK BOARD LAMINATE

CHALK BOARD LAMINATE ON WALL

F. ACCORDING TO BUILT

1 UNICORE LAMINATES

2 NONCORE LAMINATES

DIFFERENT LAMINATES AND THEIR APPLICATION AREA

ADVANTAGES OF LAMINATE

ECO FRIENDLY

ECONOMICAL

CUSTOMIZABLE

VERSATILITY

DURABILITY

SEAMLESS

SAFETY

MAINTENANCE

INSTALLATION

DISADVANTAGES OF LAMINATE

RELATIVELY POOR QUALITY

TOXIC

PRONE TO ABRASION

UNSAFE

PLANT LOCATION

NEPAL IN BRIEF

LICENSES REQUIRED

LIST OF DOCUMENTS:

TOP 10 BEST MANUFACTURERS IN INDIA

PRINCIPLES OF PLANT LAYOUT

PLANT LOCATION FACTORS

PRIMARY FACTORS

1. RAW-MATERIAL SUPPLY:

2. MARKETS:

3. POWER AND FUEL SUPPLY:

4. WATER SUPPLY:

5. CLIMATE:

SPECIFIC FACTORS

6. TRANSPORTATION:

A. AVAILABILITY OF VARIOUS SERVICES AND PROJECTED RATES

7. WASTE DISPOSAL:

8. LABOR:

9. REGULATORY LAWS:

10. TAXES:

11. SITE CHARACTERISTICS:

12. COMMUNITY FACTORS:

13. VULNERABILITY TO WARTIME ATTACK:

14. FLOOD AND FIRE CONTROL:

EXPLANATION OF TERMS USED IN THE PROJECT REPORT

1. DEPRECIATION:

2. FIXED ASSETS:

3. WORKING CAPITAL:

4. BREAK-EVEN POINT:

5. OTHER FIXED EXPENSES:

6. MARGIN MONEY:

7. TERM LOANS:

8. TOTAL LOAD:

9. LAND AREA/MAN POWER RATIO:

LIST OF MANUFACTURING INDUSRTY

LIST OF MACHINERY AND EQUIPMENTS MANUFACTURER

OTHER RELATED MACHINES MANUFACTURERS 

DRYERS:-

MACHINERY PHOTOGRTAPHS

MANPOWER

GENERAL 

BASIS OF ESTIMATION 

WORKING 

TOTAL MANPOWER AND PAYROLL 

UTILITIES

WATER

WATER QUALITY PARAMETERS FOR PROCESSED WATER:

TABLE 1. SECTION WISE REQUIREMENT OF WATER IN THE PLANT

STEAM

EFFLUENT TREATMENT AND DISPOSAL

INTRODUCTION

STANDARDS

TOLERANCE LIMITS FOR INDUSTRIAL EFFLUENT DISCHARGE

QUALITY CONTROL 

QUALITY CHECKS AT ADVANCE LAMINATES

DIMENSIONAL STABILITY TEST

1. SCOPE

2. NORMATIVE REFERENCES

3. TERMS AND DEFINITIONS

SWOT ANALYSIS

ORGANIZATION CHART

PLANT LATOUT

TURNKEY CONSULTANT 

IMPLEMENTATION SCHEDULE

MACHINES MANUFACTURERS & EXPORTERS OF PLYWOOD MAKING MACHINES

DRYERS:-

MANUFACTURERS

APPENDIX – A:

01. PLANT ECONOMICS

02. LAND & BUILDING

03. PLANT AND MACHINERY

04. OTHER FIXED ASSESTS

05. FIXED CAPITAL

06. RAW MATERIAL

07. SALARY AND WAGES

08. UTILITIES AND OVERHEADS

09. TOTAL WORKING CAPITAL

10. TOTAL CAPITAL INVESTMENT

11. COST OF PRODUCTION

12. TURN OVER/ANNUM

13. BREAK EVEN POINT

14. RESOURCES FOR FINANCE

15. INSTALMENT PAYABLE IN 5 YEARS

16. DEPRECIATION CHART FOR 5 YEARS

17. PROFIT ANALYSIS FOR 5 YEARS

18. PROJECTED BALANCE SHEET FOR (5 YEARS)