Photo - Hi-tech Artificial Stones Products
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Hi-tech Artificial Stones Products

Revolutionize the artificial stones industry

UAE
Market: Consulting, Production, Building, Other
Stage of the project: Prototype or product is ready

Date of last change: 24.07.2024
Min amount of loan
$  13.000
Estimated yield
30 % a year
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Total required
$ 20.000
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Idea

Our concept revolves around leveraging solid waste materials, such as industrial by-products and post-consumer waste, to create artificial stones. By transforming these materials through innovative processes, we can produce high-quality artificial stones that meet industry standards while reducing the environmental impact associated with traditional manufacturing methods.

Current Status

The project focuses on manufacturing artificial stone specifically designed for cladding building facades and decorative purposes. The stone is crafted using locally sourced materials, including white cement, fine aggregate, solid waste, sand and selected additives to enhance product quality and properties. The artificial stone is fabricated in various sizes, patterns, and a wide array of colors to cater to diverse design preferences and architectural needs.

Market

It can be seen that the UAE is a large market for Artificial Stones sales. After meeting the demand in the UAE and preventing imports, overseas sales can be made. UAE should be considered as the primary target markets for sales. Gulf region, Balkan countries and Central Europe also can be considered as a target market for exports. It can be sold directly without the use of intermediaries, to factories in the country.

Problem or Opportunity

Environmental Sustainability: By diverting solid waste from landfills and repurposing it into valuable construction materials, our approach contributes to environmental conservation and reduces carbon emissions.

Cost Efficiency: Utilizing waste materials often comes at a lower cost compared to sourcing virgin materials, offering a competitive edge in pricing without compromising quality.

Market Competitiveness: With growing consumer demand for sustainable products, artificial stones made from recycled materials can capture a significant market share and differentiate your company as an eco-conscious leader.

Competitors

Comparing the input costs with the top 4 countries that stand out in production in the world, For East countries such as India, China, Sri Lanka, and Germany come to the fore in the international market. The products of these countries, Artificial Stones, enter the UAE between 70 -480 USD. This price is depending mainly on the dimensions, color, and the quality of raw material type.

Depending on the quality of the price of the Artificial Stones to be produced, we predict it will be 80 - 600 Dollars. Since the product is a substitute import product, it can be easily sold in cash in the market.

Advantages or differentiators

Some of the existing problems with natural stone:

Cost: Natural stone can be very expensive, especially rare or imported types.
Heavy Weight: Natural stone is typically heavy, which increases shipping and installation costs and may require additional support structures.
Limited Variety: The available types and colors of natural stone may be limited in some markets, restricting design options.
Water Absorption and Staining: Some types of natural stone are prone to water absorption and staining, which can lead to damage over time.
Limited Design Flexibility: Some types of natural stone may be difficult to shape, limiting designers' ability to achieve complex designs.
Unsustainable Mining Practices: Mining operations for natural stone extraction can cause negative environmental impacts such as land degradation and water pollution.

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Some of the advantages of Artificial stone:

Lower Cost: Artificial stone often comes at a lower cost compared to natural stone, helping to save money for projects.
Lightweight: Artificial stone is typically lighter in weight compared to natural stone, reducing shipping and installation costs and making it easier to work with on projects.
Design Versatility: Artificial stone can be manufactured in a wide variety of colors, patterns, and shapes, allowing designers to achieve different designs easily.
Water and Stain Resistance: Artificial stone is resistant to water absorption and staining, making it more durable and resistant to damage over the long term.
Design Flexibility: Artificial stone can be easily shaped to achieve complex designs without the limitations often encountered with natural
Reduced Environmental Impact: Artificial stone can be manufactured using methods that reduce environmental impact compared to mining operations for natural stone.

Finance

Comparing the input costs with the top 4 countries that stand out in production in the world, For East countries such as India, China, Sri Lanka, and Germany come to the fore in the international market. The products of these countries, Artificial Stones, enter the UAE between 70 -480 USD. This price is depending mainly on the dimensions, color, and the quality of raw material type.

Depending on the quality of the price of the Artificial Stones to be produced, we predict it will be 80 - 600 Dollars. Since the product is a substitute import product, it can be easily sold in cash in the market.

Loan terms

12 months

Interest rate, %

30

Solution (product or service)

Our concept revolves around leveraging solid waste materials, such as industrial by-products and post-consumer waste, to create artificial stones. By transforming these materials through innovative processes, we can produce high-quality artificial stones that meet industry standards while reducing the environmental impact associated with traditional manufacturing methods.

Team or Management

Photos

Photo 1 - Revolutionize the artificial stones industry
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