Abstract: Space Manufacturing is the production of materials in the outer space, away from the atmospheric and gravitational disturbances of earth. The space consists of complete vacuum and zero gravity that can be employed for carrying out various manufacturing processes with much ease and greater efficiency, which cannot be performed on earth. In past few decades, space researchers and astronauts have explored number of ways in which space environment can be utilized by the manufacturing industries to greater economic feasibility. This concept is still in its initial stages and currently many research and experiments are being carried out at the International Space Station (ISS). Current paper describes the process of extraction of minerals and manufacturing of products from available resources in space. Different potential products that can be obtained through space manufacturing are also elaborated. It has been concluded that feasibility of space manufacturing on large scale depends on the fact that how effectively challenges of cost capitalization will be reduced.