15 Best Chemical Related Business Ideas For 2024

•

Updated: July 12th, 2024

If you are looking for chemical related business ideas to begin your path to entrepreneurship, you are in the right place.

With starting a chemical related business, there are plenty of opportunities that can help you follow your dreams and build a successful career.

In this post, you will discover profitable business ideas, perfect for those who want to have a flexible job, capable of multiplying the average income, while becoming your own boss.

Check out the full list below to help you find your next idea!

Here they are:  

1. Start a nylon production business

2. Start a rubberband manufacturing business

3. Start a face mask and hand sanitizer making business

4. Start a nail polish making business

A nail polish-making business involves creating and selling various shades and types of nail polish to consumers. This can include traditional polish, gel polish, and other nail color products.

To run a successful nail polish business, it is important to understand the market and what types of products are in demand. This may involve researching trends and popular shades and testing and experimenting with different formulas to find the perfect balance of quality and affordability.

In addition to creating the product, it is also essential to have a strong marketing and sales strategy in place. This may include creating a website and social media presence and working with retailers and distributors to get the product in front of a wider audience.

Other key factors for a successful nail polish business include maintaining high standards of cleanliness and safety in the production process, building strong relationships with suppliers and customers, and staying up-to-date with industry regulations and trends.

Starting a nail polish business can be a rewarding and profitable venture for entrepreneurs who are passionate about beauty and fashion and willing to put in the hard work and dedication required to succeed in this competitive market.

5. Start a Botanical Pesticide Production Business

Botanical pesticide production is a business that involves the growing and processing of plant-based pesticides. This business is ideal for people who enjoy working with plants and want to learn how to grow them and make their own pesticides.

Botanical pesticide production can be profitable, with great returns on investment. The estimated cost of pesticide use in the U.S. is approximately $12 billion annually. Meanwhile, the top pesticide manufacturers reap over $150 billion in profit each year from pesticides and other agricultural technologies.

Starting a botanical pesticide production business is not very difficult, as long as you have the right tools and ingredients at hand. Anyone can start a Botanical Pesticide Production business by learning about the products in this industry.

6. Start a toiletries making business

Creating your own toiletries business is a practical and rewarding venture. From soaps and shampoos to lotions and creams, the toiletries market is vast and always in demand. Here’s how you can tap into this industry.

In simple terms, you'll be crafting personal care products that people use daily. It involves formulating recipes, sourcing quality ingredients, and ensuring proper packaging and labeling. Running a toiletries business requires understanding of skincare needs and compliance with health regulations.

What makes this idea appealing is the flexibility it offers—you can start small from your kitchen or scale to a full-fledged production facility. Plus, the potential for niche markets, like organic or hypoallergenic products, can set your business apart.

This business idea is rooted in creativity and attention to detail, so if you’re passionate about creating personal care items, this might just be your calling.

How much you can make: $120,000 — $500,000/month

How long does it take to build: 232 days (?)

How This After-Sex Cleanup Product Became A $1.4M/Year Business

Awkward Essentials CEO and founder, Frances, discusses the creation and launch of Dripstick, the world's first cum sponge, and how they have grown their business through a mix of marketing tactics, including viral TikToks and an Amazon launch.

Read this case study

Read by 9,423 founders

7. Start a water purifying business

It is a very lucrative industry, especially if you select the right location for your business, and will be the center of attention in the coming years.

Water is a necessity. Daily, around the world, billions of people require clean drinking water and sanitation services. However, millions don’t have access to safe and affordable water. They either have to purchase it or otherwise search for systems that can purify water for consumption. This is where the water purifying business comes in handy.

Listed are the steps to start a water purifying business.

Plan your business
Register your business name
Complete all required business documents to run your business
Get insured
Promote your business

How much you can make: $1,500/month

How much does it cost to start: $7,558 (?)

How long does it take to build: 232 days (?)

We Developed A $18K/Year Patented Ayurvedic Alkaline Water [India]

Pyotam is India's first ayurvedic alkaline beverage brand that provides water solutions through expertise and innovation, boasting a monthly revenue averaging Rs. 1,00,000/- ($13K) from a customer base of around 250 customers having sold 1,400 bottles so far.

Read this case study

Read by 3,749 founders

8. Start a fungicide making business

9. Start a perfume making business

Perfume making is not only fun but also a lucrative endeavor.

According to a market report, the global perfume market will reach over 440.91 billion in the next few years. The global perfume market is gaining traction owing to the rising trend of personal grooming and the increasing demand for youth-oriented exotic fragrances.

Therefore, starting a perfume-making business in 2024 can be a great business venture.

How much you can make: $19,000/month

How much does it cost to start: $2,000 (?)

How long does it take to build: 90 days (?)

How I Started A $19K/Month Personal And Home Fragrances Brand

Founder Rafael Hernandez launched Alfred Lane, a line of handcrafted personal and home fragrances, generating $19k in monthly revenue with 50% attributed to online and wholesale sales, while expanding to 65 stores across 6 countries and expanding to Europe and South America.

Read this case study

Read by 8,413 founders

10. Start a soap making business

Are you looking for an easy business you can start from home? Soap making is a relatively easy cottage business you can start today.

Soap is one of the products you will find in every household. Therefore, soap is a product that will remain in demand, making soap making business a lucrative idea.

To start a soap-making business from home, research the competition and choose the niche your business will focus on. You can make scented soaps mixed with essential oils or non-scented soaps for washing utensils.

Choose a business name and create a business plan indicating your entity type, mission statement, and soap marketing strategy.

How much you can make: $1,200 — $20,000/month

How long does it take to build: 747 days (?)

On Starting A Homemade Organic Soap Brand From The Kitchen

Kiss My Crown Essentials founder Warnisha Foster shares her journey from creating organic soap products in her kitchen to selling over 500 soaps in her first month with a mission to let mothers know that they are seen, beautiful, and a necessity.

Read this case study

Read by 7,641 founders

11. Start a paint manufacturing business

How long does it take to build: 90 days (?)

12. Start a dishwash bar making business

13. Become a laundry detergent manufacturer

Starting a detergent powder or synthetic washing powder business is one of the most feasible business options owing to the straightforward manufacturing process involved. Detergent powder market is one segment of the FMCG market in the world with significant growth potential. Being a consumer good, people use it on a daily basis for clothes, hand wash, and kitchen utensils, and its demand is found in the market all through the year. Moreover, an entrepreneur can initiate a detergent manufacturing business with moderate capital investment.

How much you can make: $20,000/month

How long does it take to build: 1095 days (?)

We Created A $240K/Year Laundry Detergent

Dirty Labs, a cleaning innovation lab founded by CEO David Watkins, introduces a line of laundry detergents that solve the cleaning trilemma, being safe, sustainable, and effective, achieving the goal with formulations that leverage nature-inspired green chemistry and earning $240k annually from the direct-to-consumer distribution.

Read this case study

Read by 7,287 founders

14. Start a germicide manufacturing business

15. Become a toothpaste manufacturer

Toothpaste is one of the high on-demand dental products. If you have worked at a toothpaste manufacturing plant or understand how its production is done, you can start your business. Remember, the toothpaste market is not price-sensitive, and brand loyalty plays an important role. Therefore, ensure high-quality toothpaste to keep customers coming back to your business.

meet the author

Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.

See full profile