The rubber gasket is an essential item in the industry. It has different types of usage. However, the automobile industry is the major consumer of this product. Additionally, it has also some domestic use such as in pressure cooker.
Furthermore, it is also an essential item in any type of motor and machine we need to protect the fuel or air leakage. Here in this article, we intend to explore how to start a rubber gasket-making business.
The rubber gasket manufacturing process is simple. And you can start the manufacturing operation with a small capital investment. Additionally, in this business, the only major required raw material is rubber.
However, the business demands strategic marketing planning. You must establish a well-penetrated distribution network for long-term success.
Some of the most popular rubber gaskets are gaskets for:
- Cylinder head
- Full Set
- Timing Kit
- Rocker Cover
- Rocker Cover Kit
- Oil Seal
- Exhaust pipe Gaskets
- Oil Pan
- Oil Pan Set
- Spending Roll
- Water Pump
- CV Joints Boots
- Head Set
- Conversion Set
- Inlet- manifold
Is Rubber Gasket Business Profitable?
Generally, there are two types of demand for gaskets in the Indian market. One is for the new vehicle or machines and another is for replacement. And it is critical equipment and replacement is essential to run the vehicle. Therefore, the replacement demand is bound to increase.
According to industry experts, the automotive gasket and seal market of the Asia-Pacific region is projected to grow at a CAGR of 7.06% from 2015–2020. Growth in the technological improvements in mechanical strength and sealing capabilities is expected to push the demand for high-performance and functional products used in the automotive industry.
Therefore, starting rubber gaskets manufacturing business is financially profitable for the entrepreneurs.
Here is a Rubber Gasket Manufacturing Business Project Plan Guide
License For Rubber Gasket Manufacturing Business
The business is comparatively easy to start. It demands only a few licenses and registrations. It is advisable to check the local laws. Here we put some of the basic considerations.
- First of all, register your business. Choose the right form of business organization carefully.
- Apply for Trade License from the local Municipal authority.
- Apply for MSME Udyog Aadhaar online registration. However, it is optional.
- Contact with the state Pollution Control Board and check the compliance for the manufacturing operation.
- Open a current bank account
- Apply for the GST registration.
- You can apply for Trademark registration to protect the brand name of your business.
Rubber Gasket Manufacturing Plant Setup & Machinery
In starting this business, you will need to secure a space for the operation. However, it is advisable to start from a rental location if you don’t have your own. It helps to reduce the startup capital investment. A 500 Sq Ft space is sufficient for a small-scale operation.
However, a large-scale diversified operation demands more space.
Additionally, you have to arrange the utilities like water and electricity. Furthermore, check the availability of transport from the location.
Some of the basic required machines are
- Power Press
- Bench grinder
- Fly Press
- Hand shearing machine
- Portable Drilling machine
- Dies and fixtures
- Hand tools and Measuring Instruments
Automotive Gasket Manufacturing Process & Raw Materials
First of all, procure good quality gasket sheet. Cut the sheet in the shearing machine according to the required size. Punch in the power press machine with the dies. Drill the holes and grind. Finally, the finished gaskets are ready for packaging.
From the same unit, you can make gaskets with different materials like asbestos or cork.
The major raw material is gasket sheets. You can procure the material from a reputed manufacturing company or dealer.
Additionally, you will need to arrange the packaging consumables like transparent packaging and cardboard boxes.
As the automobile industry is increasing rapidly in our country, the demand for different types of gasket is bound to increase. However, you must produce good quality durable gaskets to fetch a long-term reputation in the industry.
Editorial Staff at NextWhatBusiness is a team of Business Consultants having years of experience in small and medium scale businesses.