Introducing a Solution for High-Quality Rubber Products
This blog presents a business idea focused on marketing and making rubber molded products in Kenya. Rubber-molded products play a critical role in various industries, particularly in automobiles and assembly units. These products find extensive use in railways, automobiles, bicycles, and industrial and domestic appliances. By establishing a production facility for rubber-molded products, entrepreneurs can contribute to the growth of Kenya’s automotive sector while meeting the demand for high-quality rubber products.
Enhancing the Automotive Industry with Rubber Molded Products
Rubber-molded products are vital components in the automotive industry, providing essential functions in vehicles and assembly units. With the rapid growth of the automotive sector in Kenya, the demand for rubber-molded products has increased significantly. These products are also widely used in railways, bicycles, industrial machinery, and domestic appliances. By venturing into rubber-molded product manufacturing, entrepreneurs can contribute to the development of Kenya’s automotive industry.
Production Capacity: Meeting the Demand for Rubber Products
The profiled plant in this business idea has a minimum capacity of producing 36,000 kilograms of rubber products per year. Operating a single shift of eight hours a day for 300 days per year, the plant can meet the growing demand for rubber-molded products in Kenya.
Technology and Process Description: Creating High-Quality Rubber Products
The production process involves compounding natural rubber latex with various additives, such as zinc oxide, antioxidants, paraffin wax, stearic acid, china clay, needle oil, and ammonium chloride. This mixture is then passed through a rubber mixing mill to create slabs or rubber sheeting. The rubber is then fed into molds in measured quantities and subjected to compression molding using steam from a boiler for curing.
Capital Investment Requirement: Establishing the Production Facility
To set up the rubber molded product manufacturing plant, a total capital investment of US$15,390 is required. With this investment, the project has the potential to generate an estimated annual revenue of US$78,000, with a net profit margin of 42% and a payback period of 2 years.
Sources of Supply of Equipment: Local and International Options
Equipment for rubber molded product manufacturing can be sourced both locally and from China. Entrepreneurs have the flexibility to choose the most suitable equipment supplier based on their specific requirements.
By venturing into rubber-molded product manufacturing, entrepreneurs can contribute to the growth and innovation of Kenya’s automotive industry. With a ready market, advanced production processes, and a focus on high-quality products, this business idea offers a promising opportunity for individuals looking to enter the rubber manufacturing sector.
