Rubber Latex Foam is used in the field of transport and tourism industry as per IS standards of Bureau of India Standard. Especially it is used to make mattresses in the seats of vehicles, seats of sofas and seats of other furniture.
In our country, Tripura and Kerala, these two states are seen as natural rubber producing states. Therefore, here such an industry can be seen as a resource-intensive industry. But despite this, this product is such that there is a huge difference between the price of its raw material and the price of the finished goods.
Keeping this in view, this business of Latex Foam Manufacturing can be started from any corner of India. Because its finished product is also fully capable of extracting raw material cost, transportation cost and profits. Therefore this project can be started anywhere in the country.
What are latex foam and its applications?
Products based on Rubber Latex Foam such as automobile seats, backrests, sofas, mattresses and other furniture have a large and substantial market in the country. The way mattresses and pillows made of latex foam are being liked by people, it is expected that the market will expand further in the future.
Latex mattresses made from latex foam and mattresses made from coir foam are also very popular, so they are also produced in large quantities. Such mattresses are in great demand in neighbouring countries like Pakistan, Bangladesh, Sri Lanka etc. This is the reason that they are exported to these countries. Therefore, by starting this type of business, the entrepreneur can also earn a lot of money.
But by starting this type of business any common person will be able to earn profit by running it successfully. It is difficult, so if the promoter i.e. the person starting this business is a graduate in Chemistry, and also has knowledge of this business, then he can be successful in earning wealth, fame and everything from this Latex Foam Manufacturing Business. .
Latex Foam Industry more trends
Talking about Latex Foam Rubber, it achieves its physical performance properties through the vulcanization process. It forms an elongated molecular chain with strong cross-linked bonds. This opens up opportunities for new applications of latex foam based on the ability of NR latex foam to recover from deformation and the products made from it.
For example, NR latex foam can be used in orthopaedic applications. Whereas synthetic memory foam is generally used, as the memory feature available in them allows the surface pressure to be released to suit the shape of the body.
Latex Foam Rubber generally has a high density and is soft. Hence it is used in limited quantities for the manufacture of bonded carpets, cushions, etc. Manufacturers that manufacture latex foam also have latex that is more grippy. They are designed to last and provide durability.
Latex Foam market and problems
As disposable income is increasing in developing countries and economies of developed countries have come to a standstill. Although there are many products whose demand is increasing globally, mattresses made from Latex Foam also fall in this category. Overall, there has been a substantial increase in the number of rich people globally.
And as the number of rich people increases, so does the demand for luxury goods. Because capable and rich people keep on buying different types of things to make their life simple and easy. Mattresses made from Latex Foam also fall under the same category of products that promise excellent comfort and sound sleep.
Apart from this, due to lack of sleep at present, there is a possibility of many disorders in the body. Therefore, there is a competition among people to buy premium mattresses, so that they can sleep well in these comfortable mattresses.
The demand for comfortable mattresses is increasing rapidly due to the increase in construction activities in emerging and developing economies and the various health problems arising from them. Changes in the lifestyle of the people, the increasing trend of showing off is also increasing the demand for furniture made from Latex Foam, etc.
Latex Foam manufacturing how to start
To start Latex Foam Manufacturing business also the entrepreneur needs to take all the steps which are required to start any other manufacturing business. It has always been found that manufacturing businesses cost more to start than service businesses. Even in starting this business, the entrepreneur may need to invest more than fifty lakhs.
Plant and machinery and working capital may require the entrepreneur to spend the most. Apart from this, if the land and building are also not owned by the entrepreneur, then he is also required to spend a hefty amount as rent. So let us know, how one can start his own latex foam making business.
1. Manage space and building
Though how much space will be required by the entrepreneur to start his own Latex Foam Manufacturing. It will depend on the level at which he wants to start his business, that is, how much production capacity he is planning to set up.
But to set up an average plant, an entrepreneur needs 2500 to 3000 Square Feet of space. If the entrepreneur has his own land, then he can start the construction work by making the layout of the plant on the same land.
If the entrepreneur does not have land of his own, he should not buy the land, but take the land on lease or on rent. By doing this the cost of starting this business will be reduced a bit. Apart from this, the entrepreneur needs commercial electricity, water connection.
2. manage finances
If possible, prepare a project report for your Latex Foam Manufacturing business before managing finances. Because through the project report, the entrepreneur will be able to know the details of the cost involved in this business and the earning after a certain time.
On the basis of the project report, the entrepreneur will be able to manage the exact and right amount of finance for his business. And since the sources of funds will also be already mentioned in this document, then the entrepreneur will be able to manage the finance from those fixed sources of funds like loan from bank, through angel investor or any other source.
3. Required license and registration
Entrepreneur may require the following licenses and registrations to start Latex Foam Manufacturing Business.
- Handling, transporting and storing compressed gas requires registration under The Static and Mobile Pressure Vessels (Unfired) Rules, 1981.
- To store, transport, etc. hazardous chemicals, registration is required under The Manufacture, Storage and Import of Hazardous Chemicals Rules (MSIHC), 1989.
- Factory license may be required under The Factories Act, 1948 and State Factories Rules.
- Company registration may be required to give a legal form to the business.
- Tax registration and opening a current account with a bank may be required.
- Registration on the Udyam Aadhaar portal may be required.
- Various types of raw materials are required to start a Latex Foam Manufacturing business. Therefore, the entrepreneur may also need a no objection certificate from the Pollution and Fire Department.
- To establish one’s own brand and protect it from being copied, trademark registration is also required.
4. Manage Plant and Machinery
In the form of plant and machinery, the entrepreneur may require the following machinery and equipment.
- 400 liter capacity demonetization tank
- 300 liter capacity planetary mixer
- 12 Jar Pot Mill With HP Motor
- HIGH SPEED MIXER WITH 1HP MOTOR
- Boiler with 3HP Motor
- Steam Vulcanizer, Foam Squeezing Machine, Tray Molds and Testing Equipment
5. Manage raw materials and personnel
The main raw material used in the Latex Foam Manufacturing Business is 60 NR Latex. And if the entrepreneur wants to buy it locally, then he can contact the local rubber board for this. This raw material requires about 75% of the total raw material used in the unit.
Apart from this, various chemicals like Potassium Oleate Soap Solution, Sulfur, Vulcaphor ZDC/MBT, Nonox B/SP, China Clay, Zinc Oxide etc. are also required as raw material. This raw material is available with Rubber Board. But its price varies depending on the time and circumstances.
Entrepreneur also needs to appoint employees in his Latex Foam Unit. These include machine operators, helpers, production supervisors, account and store assistants, office boys, etc.
6. Start construction
Now the entrepreneur should start the Latex Foam Manufacturing process. In this process, the latex is first demagnetized, and it is mixed with a stabilizer, foaming agent and sensitizer. It is converted into a froth by mixing in a planetary mixer.
The formation of the foam is also aided by air flowing below the surface, leaving 4 to 6 times the original liquid after it is combined with the rest of the ingredients, to help achieve a uniform structure by eliminating bubbles.
In the Latex Foam Manufacturing Process, the foam is then injected into molds, and vulcanized by steam, for 35 to 45 minutes at approximately 100 °C. However how long this will take depends on the thickness of the foam.
After the vulcanization process is complete, the mold is cooled, and the foam from the mold is passed between rollers. These rollers squeeze it out, then they are washed, tested, packaged and sent to be sold in the market.