Skip to content

30 Highly Profitable Chemical Business Ideas in 2024

    Do you want to start a chemical business on small scale? If so, read this article to find the top profitable chemical business ideas that can be started with low capital investment.

    The chemical industry is one of the largest industrial sectors worldwide. In the United States, statistics show the chemical industry itself contributes 5% of the GDP. Individuals looking forward to tapping into this industry with less investment can get into either distribution or manufacturing on a small scale.

    The global chemical industry is growing. However, the growth rate of the chemical market largely depends on the developments in China. China accounts for more than a third of worldwide production.

    There are plenty of business opportunities in the chemical industry that can be started with low startup investment. Find below, a list of small-scale chemical businesses to start with less money.

    30 Small Scale Chemical Business Ideas

    1. Detergent Powder Making

    Detergent powders are also known as synthetic detergents and these are surfactants. One can start this project with a small startup capital investment. There are different varieties of detergent available in the market depending upon the different percentages of active ingredients and other components. The process of manufacturing is very simple and it involves simply mixing different ingredients in the right formula.

    2. Perfume Making

    Perfume-making business can be a profitable venture when you are aware of the basic things of the marketing of the product. A person with a prolific discipline nature and the ability to listen to others and process the ideas and information they shared – a perfume-making business can be the right option for him.

    3. Nail Polish Making

    The nail polish-making business is a million-dollar industry in cosmetic products. Actually, nail polish is a lacquer kind of product that is used to decorate and protect human fingernails or toenails. The demand for nail polish is growing rapidly, particularly in urban areas owing to several factors such as greater purchasing power because of higher income, the desire to look better and more attractive, etc.

    4. Liquid Soap Making

    The liquid soap-making business includes a wide range of processing, packaging, and marketing operations. The business also demands extensive market research and marketing strategy. Liquid soap is a consumable item and the demand for it is increasing in rural and urban areas. The total annual soap sale by branded companies is estimated at 14000 tonnes, while the total soap market is considered to be about 126000 tonnes.

    5. Matchstick Making

    Matchstick manufacturing business can be initiated on a small scale by maintaining safety measures strictly. Matchsticks are consumer durable products and the demand is growing day by day. An entrepreneur having knowledge of channel distribution can start this business with moderate capital investment.

    6. Rubberband Making

    An entrepreneur can initiate a rubber band manufacturing business at a home location with moderate capital investment.  Rubber Band is a handy thing in our everyday life and it seems that their demand will remain unchanged in the future also. Rubberband manufacturing is a technically feasible and financially viable project for small business entrepreneurs.

    7. Neem Oil Extraction

    Neem oil extraction business opportunity demands adequate knowledge about the oil extraction process. There are several techniques used in the industrial and commercial extraction of neem oil. Neem oil extraction using solvents like alcohol, ether, and hydrocarbons is the most used process in the industry.

    8. Agarbatti Making

    Agarbatti is a consumer product that the demand is found throughout the year and it increases on festive days. The scope and production of the Agarbatti-making business are based on individual investment capability. One can start this business as home-based and can go on a large scale also.

    9. Water Purifier

    The water purifier is a liquid substance to purify and treats drinking water. It can be simply formulated with iodine or chlorine dioxide. With a simple formulation process, a water purifier manufacturing business can be initiated on a small-scale basis.

    10. Pesticide Making

    Small-scale pesticide manufacturing business demands knowledge about the process of formulation with the right technology. Selecting the right product is important. Pesticide manufacturing is one of the most profitable chemical ideas.

    11. Nylon Production

    The demand for nylon products is very extensive globally and it requires on a daily basis. Choosing the right product and identifying the market is the most crucial issue in getting success in nylon production.

    12. Micronutrient Making

    Micronutrient has immense potential in the agriculture business. Having a strong distribution strategy, one can start this manufacturing business with substantial capital investment.

    13. Toilet Cleaner

    Having knowledge about the formulation process an individual can start a toilet cleaner business with moderate capital investment on a small-scale basis. Determining the proper marketing strategy is important in this type of business.

    14. Botanical Pesticide Making

    Due to the prohibitive cost of synthetic pesticides and the problems of environmental pollution caused by the continuous use of these chemicals, there is a renewed interest in the use of botanicals for crop protection.

    Botanical Pesticides in Agriculture reviews the research on botanical pesticides used to combat losses due to pests of agricultural importance, with special attention focused on the use of higher plants. With proper knowledge about the formulation process, an individual can initiate this business with moderate capital investment.

    15. Hand Sanitizer Making

    Commercial hand sanitizer-making business demands proper skills in the mixing and formulation process. The process is very simple. An entrepreneur can initiate this venture with moderate capital investment.

    16. Fungicide Making

    Fungicide is an important component of the agriculture and food industry. Different types of fungicides that have different compositions are used for various purposes. Formulation of fungicide in liquid, powder, or granule form can be initiated on a small-scale basis.

    17. Dish Wash Bar Making

    Dish wash bar – liquid is a consumer durable product. The demand is growing worldwide. The manufacturing process is simple. No major licensing is required.  One can initiate this venture with proper knowledge of the production process

    18. Herbal Soap Making

    The herbal industry is growing globally. Awareness among people about the benefits of using herbal products is the main reason behind it. The herbal soap-making process is simple and it requires simple few raw materials. One can initiate this venture small-scale basis with moderate capital investment.

    19. Export / Import

    The export/import of chemicals is a very profitable business one can initiate with moderate startup capital. You will need to obtain the export/import license first. Select the products for export and import. Build your business network. Export/import is one of the most profitable chemical business ideas.

    20. Aloe vera Gel

    Aloe vera gel is a herbal product that has seen an immensely increasing demand. You can initiate the business on a small-scale basis with proper knowledge about herbal product marketing.

    21. Insecticide Making

    Insecticide manufacturing is one of the most profitable chemical business ideas one can start with substantial capital investment. The demand for good-quality pesticides is huge. Additionally, you can initiate the business on a small and large-scale basis.

    22. Floor Polish Making

    Actually, real estate venture owners or property owners can’t ignore the effectiveness of floor polish. Different types of floor polish are generally used for polishing different types of flooring components such as marble, granite, vitrified tiles, etc. The production process is simple. Additionally, you can start the business both on a small and medium scale basis.

    23. Hair Conditioner Making

    Hair conditioner is a consumer-durable hair care product. The production process is a simple mixing and formulation. You can start selling in your brand name and also you can produce the product for the other company.

    24. Weedicide Making 

    Two types of weedicides are generally we find in the market. One is an herbal or botanical weedicide and another is a chemical weedicide. The process is simple. For the production of herbal weedicide, no major licensing is required. Additionally, you can initiate the business on a small-scale basis.

    25. Paints Making

    Paints manufacturing business opportunity demands adequate knowledge about technology. One can initiate this business with substantial capital investment.

    26. Face cream Cleansing Lotion Making

    Increasing awareness about beauty and health care among people has increased the demand for the products like face cream cleansing lotion. Selecting the right product is important in this business. The manufacturing process is not complex. Additionally, you can initiate the business on a small-scale basis.

    27. Ball Pen Ink Refill Making

    Ball pen ink refill making is one of the most profitable chemical business ideas one can initiate with moderate capital investment. The production process is simple. it doesn’t require major licensing to initiate.

    28. Germicide Making

    Germicide is a consumer durable product that is used to kill germs and bacteria on different types of surfaces. Basically, germicide helps to rid the area of bacteria and germs. And these have the potential to cause harm to humans and other living things. The production process is simple.  Germicide manufacturing is one of the most profitable chemical business ideas presently.

    29. Herbal Shampoo Making

    The herbal shampoo is a hair care product and the market potential is increasing day by day. Having knowledge about the technical process any individual can initiate this business on a small-scale basis, with moderate capital investment.

    30. Toothpaste Making

    Toothpaste is a consumer durable product. In today’s world, we find different varieties of types of toothpaste available in the market. The production process is simple. Additionally, you can start the business on a small-scale basis. Selecting the right product and crafting the right marketing strategy is crucial to getting success in this business.

    Contact Us | Disclaimer | Privacy Policy | Use of Cookies