Project report for Floor cleaning and polishing compound

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Introduction

Floor cleaning market is the second largest product category of the toiletries and household cleansing market of India. Floor cleaning is a major occupation throughout the world. The main job of most cleaners is to clean floors. Polishing is the process of creating a smooth and shiny surface by rubbing it or by applying a chemical treatment, leaving a clean surface with a significant specular reflection. In some materials (such as metals, glasses, black or transparent stones), polishing is also able to reduce diffuse reflection to minimal values.  

Polishing and buffing are finishing processes for smoothing a workpiece's surface using an abrasive and a work wheel or a leather strop. Technically polishing refers to processes that use an abrasive that is glued to the work wheel, while buffing uses a loose abrasive applied to the work wheel. Polishing is a more aggressive process while buffing is less harsh, which leads to a smoother, brighter finish. A common misconception is that a polished surface has a mirror bright finish, however most mirror bright finishes are actually buffed. Polishing is often used to enhance the appearance of an item, prevent contamination of instruments, remove oxidation, create a reflective surface, or prevent corrosion in pipes. In metallography and metallurgy, polishing is used to create a flat, defect-free surface for examination of a metal's microstructure under a microscope. Silicon-based polishing pads or a diamond solution can be used in the polishing process. Polishing stainless steel can also increase the sanitary benefits of it.

Market potential & Strategy

The global floor cleaning equipment market size was valued at INR 39700.05 Crores in 2019 and projected to expand further at a CAGR of 8.5% from 2020 to 2025. Rising demand for high-end cleaning products is among the key factors responsible for the growth of this market. The advent of electric machines and handles due to technological advancements in mopping system will also help boost the market growth. The introduction of ride-on models of floor cleaners has resulted in increased demand, thereby fuelling market development. The ride-on models are 60% more efficient than other products due to the reduction in forward motion by the operator, which reduces the intensity of the task. Use of different types of flooring materials also affects the product demand.The flooring materials used in hospital wards, such as wood blocks or strips, require high maintenance and hygiene levels as these materials are porous and thus, the surface can have split between the strips or blocks retaining dust particles. Thus, increasing usage of flooring materials, such as of natural wood, stones, and rubber materials, has widened the scope of application for advanced floor cleaning products. The rapid development of commercial sector across the globe has also contributed to the market growth. Constant technological developments will also have a positive impact on the market expansion.

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