Paper industry in India

Paper_manufacturing

India’s first machine-made paper was produced in 1812. At that time, there were only 15 mills, producing mainly newsprints. Since then, the Indian paper market has evolved from only newsprints to a diversified and specialized industry that produces many types of papers for various uses. The current India paper industry is growing in such a rapid speed. Coupled with the ever rising demand and job opportunity creation in this industry, the forecasted demand of Indian paper is expected to reach 10 million tons with printing and writing papers accounting for 33 percent of this. Most of the Indian paper mills are privately owned with only a few running under the government of India. Major players are Ballarpur and West Coast Tamil Nadu industry.

 

Despite covering 15 percent of the world’s population, paper consumption levels stands at a low 3 to 5 percent for India. Poverty and literacy are the factors behind this low level of consumption. However, growing consumerism, rising literacy and the increasing use of documentation will keep demand for writing and printing paper afloat. Though the per capita consumption for the India paper industry is still rather low compared to its peers, demand for paper products in India is expected to rise by 53 percent by 2020 primarily due to a sustained increase in the number of school-going children in rural areas.

 

From a demand point of view, every incremental in consumption results in additional demand for paper products in India each year. This indicates that there is a lot of room for growth of this industry in India. Besides, policy factors also have a key role to play in the growth of the India paper industry. As mentioned, the Indian government is currently focusing on improving literacy. This will result in increased expansion in organised retail as well as demand for paper products in India.

 

Paper is an established business and its consumption is being encouraged. What’s heartening is that the industries has continued to grow despite the challenges faced by the India paper industry. Tradeasia provides various chemicals used in the paper industry. Visit us at paper-chemicals.biz or contact us at contact@chemtradeasia.com for more information about these products

 

By: Albert

Case study: Detergent Market in South Africa

The detergent market in Africa is on the rise, with multinational companies looking to enter this emerging market. Rapid urbanisation in South Africa has led to increase in demand within the fast-moving consumer goods (FMCG) sector. GDP growth in South Africa is expected to grow as below:

2015

2016* 2017* 2018* 2019*
2% 2.1% 2.2% 2.5%

2.9%

Table: Real GDP expected growth rate in South Africa (*estimated)

Following the advent of urbanisation in South Africa, the middle class is growing larger and with more disposable income. This accounts for a growing proportion of the detergent industry in South Africa.

SouthAfrica_CapeTownA developed town in South Africa, Cape Town

Overall market growth

The household cleaning and detergent market is expected to experience the highest growth as a main outcome of increasing urbanisation and demand for improved hygiene.

2015

2016* 2017* 2018* 2019*
4% 4.1% 4.1% 4.5%

4.8%

Table: Household cleaning and detergent market expected growth rate in South Africa (*estimated)

Laundry detergent manufacturers are anticipated to increase at a constant CAGR value of 2% from 2015until 2018, with automatic detergents driving the performance. All other automatic detergents categories are expected to reflect positive CAGRs ranging from 3-4% over the forecast period.

Driving forces in growth of the market:

  1. Furthermore, a driving factor for the detergent industry in South Africa would be the government’s spending on improve the country’s healthcare system, with hospital infrastructure and health care facilities comprising 20% of surfactant market share. This pushes the demand for cleaning products.
  2. Following urbanisation, the country now has an increase in Internet access. Previously acting as the major constraint in South Africa, the growth of e-commerce is now climbing high as the market gets more competitive. Nevertheless, only higher-end detergent manufacturers have the means and financial capability of developing their business through this e-platform.

 

Challenges faced in the industry

In South Africa, the majority of the ingredients used in detergent manufacturing are currently imported. Although the competition of ingredients is moderate with different suppliers in the industry, the major concern lies in the ‘luxury’ tax imposed upon these local manufacturers. An ad valorem tax of 5 – 7% in addition to the cost price of the ingredients are exercised. Local manufacturers suffer the most impact from the extra cost in production.

Tax

On the other hand, international players get imposed higher import duties from local governments, diminishing their strategies in breaking through the South Africa detergent market. A few producers have stated that duties were as high a 20%. This forces the bigger players to have a much differing pricing of the product on the end-user market, allowing local players to have a chance. That being said, exceptions are allowed when proven to be beneficial for the country as whole. For instance, when a company exports the finished product beyond a level – bringing foreign reserves for the country; or when the government hopes to build local employment through these international companies having a manufacturing plant within their country’s borders.

 

To find out more about the chemicals used in detergent manufacturing, visit our detergent website.

By: Sinyee

Wastewater Management in Saudi Arabia

In the 2016 Top Markets Study (TMS), conducted by the U.S. International Trade Administration, Saudi Arabia ranks 6th for overall environmental technologies and it also ranks 5th in the global wastewater treatment market. This highlights the importance of water and wastewater technology in Saudi Arabia’s hot and dry climate. Its 10th Development Plan (2015- 2019) listed various environmental protection goals, which includes the various challenges in protecting the country’s water resources.

Saudi Arabia DesertOases in the Saudi Arabian desert

In Saudi Arabia, water resources are regulated by the Ministry of Water and Electricity and National Water Company (NWC). The NWC was created to manage water tenders for water infrastructure development. The NWC is currently a government-owned entity but is designed to evolve into a private sector holding company as the Saudi water sector becomes privatized.

According to the NWC’s plans, approximately USD 66.4 billion will be invested in new water infrastructure and related services between 2012 and 2020. Out of this amount, USD 30 billion will be directed towards capital expenditures. Recently, the government decided to restructure the water tariffs, which have been among the lowest in the world.  The impact of declining oil prices and years of wasteful overuse motivated the government to increase industrial and commercial water tariffs by 125 percent.

Wastewater plant_Saudi ArabiaWastewater treatment plant in Saudi Arabia

The demand for water services in Saudi Arabia is high as urbanization and population growth increases. The NWC is expected to invest USD 12.8 billion in capital expenditures and USD 17.9 billion in operations expenditures in wastewater treatment and distribution between 2012 and 2020. The NWC privatization scheme will transfer management to private companies to ameliorate the problem of non-revenue water. This will be achieved by investing in water treatment technologies such as smart metering and leak detection technologies.  In addition, there is also an emphasis on improving the sewer system and creating separate systems for storm water management. Approximately 40 percent of the Saudi Arabia utilizes combined sewers which has exacerbated flooding in recent years. Similarly, investments in such water treatment technologies will be the focus in the near future.

 

To know more about chemicals used in effluent treatment, visit Chemtradeasia.

 
By: Saiful

Diversion of Crude Tall Oil (CTO) as a biofuel feedstock

Biofuel production has long been shrouded with controversy, especially over the appropriateness of its feedstock. One ongoing debate is the usage of edible crops as feedstock that has resulted in unintended consequences such as a rise in food prices. One solution proposed by many is the use of wood-based biomass as biofuel feedstock. However, this approach too creates unintended consequences in many bio-based industries.

 

One such bio-based industry affected in the pine chemical industry, which is reliant on Crude Tall Oil. It is a sustainable resource that is dependent on the production volume of the paper pulping industry. CTO can be processed and distilled to obtain pine chemicals such as Tall Oil Fatty Acids and Tall Oil Pitch. It is a vibrant industry that has been adding value to society by producing many innovative consumer products and key to achieving a successful bio-economy.  However, in recent years, the industry is under risk due the change in policies by governments and transnational bodies like the EU. The EU has drafted a framework promoting the efficiency usage of biomass for increased greenhouse savings. Under the framework, CTO is subjected for biofuels development because of its identification as residue in many EU nations. EU members incentivized the development with the belief that the CTO as biofuel feedstock will substantially reduce greenhouse gas (GHG) emissions and fossil fuel usage.

Pine_Graph1

However, these assumptions were proved to be flawed in recent independent certified Life Cycle Assessment (LCA) study of GHG emissions of pine chemicals compared to biofuel. Here are the some of the key findings:

 

  • The carbon footprint for weighted global pine chemicals is found to be approximately 50.7% lower than substitute products in end applications. Pine chemicals produce a global average of 1,331 kg CO2 equivalent per ton while its substitutes produce 2,698 kg CO2 equivalent per ton.
  • Pine chemical substitutes with notably higher carbon footprint include hydrocarbon resin and fuel. For soybean and its associated pine chemical, there is not a significant difference between their global average carbon footprints.
  • Results showed that there is no carbon or energy footprint benefit gain from the diversion of CTO to a biofuel feedstock, which is currently practiced in Europe.
  • Fossil fuel used in the manufacturing of pine chemical substitutes significantly offset the reduction gain from using CTO as a biofuel.

 

From the study, it demonstrates that it may not be a good suggestion to incentivize Crude Tall Oil as biofuel feedstock as there are no tangible environmental benefits. In addition, the diversion not only places huge amounts of capitals at risk but also hurt innovation and destroys jobs.

Pine_Graph2

Meanwhile, if you have any queries over pine products, do drop us a mail at contact@chemtradeasia.com or visit us at pine-chemicals.com

By: Wen Hao

The first surfactant introduced for an environmental cause – LABSA / LAS

Linear Alkylbenzene Sulfonic Acid (LABSA), is the world’s most widely used synthetic detergent surfactant. Its salt, Linear Alkylbenzene Sulfonates (LAS) serves the same purpose. They were developed as a replacement for the previously widely used detergent surfactant, the highly branched Alkylbenzene Sulfonates. LABSA became the first surfactant that was introduced to improve the environment problems the industry posed.

The replacement was due to the branched Alkylbenzene Sulfonate being resistant to biodegradation by bacteria. In comparison, LAS has a very high level of biodegradation (97 – 99%). Chemical wastes that are persistent in the water bodies after being discharged cause environmental problems. Pollution of the rivers not just cause the toxic water, but more importantly, innocent animals and plants living in the water gets implicated and sacrifices.

Foams in RiverFoaming from persistent chemical waste present in water discharge

LABSA was first introduced in 1964. LABSA is prepared industrially by sulfonating Linear Alkylbenzene (LAB). Sulfonation is done using sulfur trioxide to produce the Sulfonic Acid. Subsequent Sulfonic Acid is neutralised with Sodium Hydroxide to form its sulfonate salt. For this reason, LAB is also called the precursor of LABSA. As LAB is obtained from the feedstocks of crude oil, the LABSA’s market gets affected along with the price trends of crude oil.

In 2002 – 2006 when crude oil prices were high, LAS fared to be less competitive to the other surfactants in the market. The consumption of LABSA stabilised during 2007 – 2011, when its price was closer to the other surfactants. The lower crude oil prices in the last few years have helped LAS to be more competitive in the market.

In recent years, consumption of LABSA in the developed countries have stabilised. Future growth in LABSA’s market is expected in some less-developed regions, such as Middle East, Africa, India, China and Southeast Asia. As countries develop, their standard of living slowly increase along with their spending power. Hygiene will become one of the basics of living and hence the market growth. It is projected that the LABSA / LAS’s growth in Asia – Pacific region will be more than 50% share of the whole global growth.

 

LABSA World ConsumptionLABSA’s market in the world, 2014

Today about 83-87% of LAS is used in household detergents, including laundry powders, laundry liquids, dishwashing liquids, and other household cleaners. LABSA is also used in agricultural herbicides, emulsion polymerisation, textiles and fibres.

Read about another chemical used for replacement in detergents here.

For more information on chemicals for detergent manufacturing, visit our detergent website.

By: Sinyee

Business Insights of the Dicalcium Phosphate Market

Dicalcium phosphate is another example of leavening agent and a source of calcium enrichment which is widely used in the baking industry. It is also coded as E341 in some food packagings. It is very slow to react and commonly combined with faster reacting leavening agents such as baking soda. During the baking process, it is used to adjust the final pH of the product. It also provides surface cracking on the baked product by liberating gas in the final steps in baking. E341 is made by reacting calcium chloride and phosphoric acid. Applications of E341 include breakfast cereals, enriched flour and noodle products.

Cereal

Breakfast Cereal

Interestingly, dicalcium phosphate is also used in the feedstock for poultry. It is mixed together with animal feed to enhance their nutrients intake. This promotes the nurture and growth of the animals.

Phosphate market

The dicalcium phosphate market for feed phosphate is projected to reach USD 5.8 Billion by 2020, growing at a CAGR of about 3% from 2015 to 2020. In 2014, Asia-Pacific was the largest as well as the fastest-growing market for feed phosphate products, followed by North America and Europe. China alone accounted for 23.5% of the world feed phosphate consumption in 2014. The dicalcium phosphate market is driven by the increasing income of the middle-class section and the growing demand for dicalcium phosphate in meat and dairy products.

In terms of the demand for dicalcium phosphate (food grade), it is expected that its demand is proportional to the demand of baking soda as both are typically used together in the baking industry or even in the production of cereal products. However, the demand for cereals vary from country to country. In Singapore, breakfast cereals registered current value growth of 4% to reach S$49 million. It is the preferred choice for breakfast in the hectic country because it requires little preparation time and it contains high nutrients. Nestlé Singapore Pte Ltd maintained the leading position with a 30% value share in 2015. The company has a strong presence in children breakfast cereals with a 6% value share for its productsincluding Koko Krunch, Honey Stars, and Milo etc. Thus, the dicalcium phosphate market in Singapore would be positive.

However, the case is different in North America. By 2020, the breakfast cereals market is expected to grow by less than 1% globally and shrink by over US$1 billion in North America. This is no good news for cereal companies that once enjoyed their sound position atop the breakfast food empire.

Therefore, one can deduce the role of dicalcium phosphate in the food industry both in baking and in animal feed. Will the demand change over time? As of now, it can only be said that the demand for dicalcium phosphate varies from countries to countries, with different lifestyles having varying demand for E341.

Meanwhile, stay tuned for our next update! For more information, log on to http://food-chemicals.com/ for a diverse range of chemicals present in our database.

 

By: Zaki

Choosing between Real and Fake Leather

The demand for leather is always high. A wide versatility of it makes them greatly requested for different applications in life. The high demand, however, makes the leather price high and unaffordable. People then started to crave for a solution that can follow their financial power. Fortunately, with the birth of synthetic leather, this wish has moved from just a wishful thinking into an applicable real life solution. Today the synthetic leather has been accepted as a cheaper alternative compared to real leather. It has become more and more common for people to buy and actually use this man-made leather.

Synthetic leather is a material that is made by combining different chemicals to get new material with similar properties like leather. It was not until in the 1960s before it became popular and its manufacturing process improved. There are a lot of ways to produce this so-called “fake” leather but the most commonly used are using polyurethane (PU) and polyvinylchloride (PVC).

Polyurethane
Figure 1. Polyurethane

PU was first created by Otto Bayer and his co-worker at Leverkusen Germany in 1937. The new polymer had only limited usage with its early application as aircraft coating during World War II. Polyisocyanate became commercially available 15 years later and 2 years later flexible polyurethane started its production. Polyurethane is basically a polymer made from the reaction of polyisocyanate and apolyol. Isocyanate is a functional group with formula: R–N=C=O. It is considered to be a reactive substance but very useful in producing polymer while Polyol is basically an alcohol with multiple hydroxyl groups. PU is made by coating a fabric (usually polyester) with a flexible polymer and then treat it to get a leather-like appearance.

pvc_2
Figure 2. PVC Polymerization

PVC is the third most commonly used synthetic plastic polymer. Using polymerization reaction, it
combines thousands of vinyl chloride monomer to create PVC and then reacted it with plasticizers to create synthetic leather. PVC can also be made rigid, therefore opening up new possibilities of its applications. Rigid PVC can be used for construction materials like water-pipe. It is also plausible to use rigid PVC for creating various items like water bottle, plastic and non-food packaging.

Both PVC and PU can be utilized to make clothing, upholstery and product covers. However, some has a better application compared to other. PU for example is softer and more flexible. It is also more breathable and best to be used for wearable products such as clothing and upholstery. PVC on the other hand is less breathable than PU, hence it is more suitable to be used for anti-moisture product such as book bindings or cases for electronic devices.

Now that we have known more about synthetic leather, it is time to know which one is better, real or fake leather. The answers can be seen from the differences listed below:

  • Comfort
    Real leather has the ability to breathe. It creates comfort for its user as air can easily flow in and out. It is very flexible and can follow the natural movement of your body. Fake leather on the other hand does not have the breathing and the flexibility of real leather. Users of fake leather tend to sweat easily due to the fact that air is unable to go through in and out. Users may experience blisters and rash on their skin due to in contact friction with the material.
  • Durability
    Although both are considered durable and tough materials, real leather usually lives longer. If it’s maintained properly it can actually be used for years. They do not crack or tear and can maintain its colour long enough. Although fake leather is less durable than real leather, it is able to withstand scratches and scrapes that might spoil genuine leather. Moreover, fake leather is not only prone to crack and peel but it is also stain resistant and have the ability to endure under UV light.
  • Appearance
    Real and Fake Leather
    Figure 3. Display for Real and Fake Leather

    In the long term basis, real leather is able to hold its appearance if properly treated. Its appearance also improves as it gets more refined look as it ages. Fake leather has the advantage to be chemically modified to get finished product which follows your specification. Various patterns and textures can be added to beautify its appearance. Because fake leather is synthetic it is possible to add colour and give dye, this gives more freedom for fashion designers to embellish its creation.

  • Price
    Fake leather is typically cheaper than real leather. However, because of its growing popularity, fashion designers start to increase the price of fake leather goods.
  • Environment
    Real leather uses animal skin as their raw material. It is less animal-friendly compared to fake leather as it needs to slaughter the animal and cut its skin out. Fake leather however uses certain toxic chemical that is hazardous if let loose to the environment.

Real and Fake leather has their own strengths and weaknesses. Knowing which one support your need is a prudent step to buy the right product. Tradeasia is your trusted source for leather chemicals. In the meantime, feel free to drop by our company website leatherchemical.net to browse our catalogue for chemicals relevant to the leather industry or follow us on Facebook and Twitter.

 

By: Vincent

A Peek Into the Ammonium Bicarbonate Market

Previously, we dealt with the sodium bicarbonate compound. For this week’s discussion, the chemical product ammonium bicarbonate will be discussed. Similar to sodium bicarbonate, ammonium carbonate also functions as a raising agent. Ammonium bicarbonate is an ammonia containing salt that decomposes at low temperatures to liberate out ammonia, water and carbon dioxide. It is also known as baker’s ammonia.

ammonia biscuit

Ammonia Biscuit

 

Baker’s ammonia is made simply by reacting carbon dioxide with ammonia. Due to its thermal instability, ammonium bicarbonate is stored in a cool and dry place. Usually, ammonia is stored as ammonium bicarbonate which can simply react with a base to liberate ammonia. One of its advantages is that it does not liberate any pungent smell. Baker’s ammonia sometimes is the preferred leavening agent as it produces a light, fluffy and crispy texture of bread.

 

Banh Tieu
Banh Tieu, a Vietnamese Donut made with Ammonium Bicarbonate

 

The ammonium bicarbonate market can be divided into upstream and downstream levels. The former refers to the sourcing and extraction of raw materials to industrially produce the ammonium bicarbonate. The latter is typically defined as the actual sale of the product or further processing of the product to its final phase where it will be ready for sales. From the upstream standpoint, the prices of the raw materials i.e. carbon dioxide, water and ammonia are stable. A constant supply of the raw materials are also available and the production capacity of the manufacturers is unaffected as well. The same is observed for the downstream level – the demand for ammonium bicarbonate is stable. Based on these current market trends, the ammonium bicarbonate market will be stable hence implying that its price will be stable in the coming months or even for the coming years.

 

By: Zaki

Meanwhile, stay tuned for our next update! For more information, vist http://food-chemicals.com/ for a diverse range of chemicals present in our database.

Seeking sustainability for palm chemicals

In previous entries, we analyzed the palm chemical industry and compared palm products (i.e crude palm oil and palm kernel cake) with their respective substitutes. For this entry, we will discuss the sustainability for palm chemicals.

As a versatile and low-cost raw material, the thumb-sized palm fruit has created one of the largest emerging economies. Its oil and chemical derivatives are used in many industries ranging from food to detergent and cosmetic. Popularity of palm chemicals is reflected by the global demand that has increased from 15 million tons in 1990s to 60 million tons today.

Borneo forestBorneo forests cleared for oil plantations

However, its widespread usage has also brought about concerns over the environmental costs. In order to plan for palm trees plantation, countries or firms resort to plowing forests, thereby destroying endangered species and releasing many greenhouse gases. Indonesia, for example, has one of the largest tropical forests globally but is facing the problematic issue of deforestation. According to a 2007 United Nations Environmental Programme (UNEP) report, the entire forest will be destroyed by 2022 based on current conservation efforts. Public image of palm plantations firms are hardly pleasant but this has not deterred the high consumption of palm chemicals. Chemical firms are not spared of criticism due to their heavy usage of palm oil to produce “green” products. To further complicate matters, sustainable energy advocates are condoning forests clearance activities on the basis of harvesting palm oil for sustainable biofuels.

A few green solutions have emerged so that palm chemicals can be more palatable for all parties. Among them, the most prominent is the creation of Roundtable for Sustainable Palm Oil (RSPO) by palm oil producers and users as a platform to address the sector’s environmental impacts. In order to qualify as a RSPO member, companies have to show continual improvement and progress towards being environmentally friendly. In order to ensure that its 855 members can easily source for sustainable palm oil, RSPO devised two supply-chain certification systems, namely mass-balance and segregation. The mass balance approach is based on monitoring and ensuring that the volume of sustainable palm oil used does not exceed those being produced. In this system, both sustainable and unsustainable oil can mix while they travel the supply chain. The segregation certification system is much more complex and harder to implement. It involves segregating the sustainable oil from conventional fuels at every stages of the supply chain. The transparency offered by these certificates is a major step towards palm chemicals being environmentally friendly. Some critics suggested an easier option of using palm chemical substitutes, which may not be feasible in some industries. Peter Becker, a key accounts manager from German cosmetic firm Evonik, echoed this sentiment by citing difficulties in processes and additives required if a substitute was used.

RSPO_2RSPO Certification system

Progress of Roundtable for Sustainable Palm Oil has been questionable at times with problems of slow-paced changes and the lack of protection measures implemented against tropical forests clearing for palm plantation. Bright spots are few such as the declaration by the Netherlands, UK, Germany and Denmark in pledging support of fully sustainable palm oil chain by 2020. Nevertheless, it is a good beginning and RSPO does deserved recognition and praise for its pioneering efforts in seeking sustainability for palm chemicals.

I hoped you enjoy reading this article. If you have any queries about palm products, do visit our website at palm-chemicals.com or drop me a mail at contact@chemtradeasia.com.

By: Wen Hao

The Market Prospect of Leather Industry

Tannery
Tanner

Leather has been around for a very long time and so is the profession of tanner. The evidence can be traced back from ancient literature text such as when Aristotle cites Socrates: “There are four professions to be the fundamentals of the citation of state: The architect, the weaver, the farmer and the tanner”. From the ancient times, leather has been used by our ancestors to do various applications. the Sumerians used skins for long dresses and diadems for ladies. The Assyrians used leather for footwear but also for liquid containers and as inflated floats for rafts.  The ancient Indian civilization first processed the type of leather known as the “Morocco” today. Today leather is mainly used as raw material to produce various accessories and apparels and for various usages.

 

Leather is durable and flexible. It also has a long lifespan and provides comfort for its users. Because of these properties, the demand for leather products becomes increasingly high. The high price for leather product is caused by the relatively high production cost. Mostly because of the expensive cost of cattle care and the large number of chemicals used. The limited number of expert craftsmen and hides produced are also a contributing factor to the high production cost. Therefore, owning leather becomes a symbol of status and only a handful of people can afford it.

 

The high demand for leather can be seen by statistics from www.statista.com:

Value of the leading leather footwear importers worldwide in 2013 (in million U.S. dollars)

Leather graph 1
Import Values for leather shoes in 2013
Leather_list of countries
List of top exporting countries for leather shoes in 2015

 

The total import value of footwear alone in 2013 reach more than $30 billion with America in the top list. From this data shown above we can conclude that leather market is really a large market with considerable amount of Dollar is being circulated yearly. In addition to the above data, the market forecast for leather promises a bright prospect. The projection can be seen below:

Leather_graph 2Figure 4. Global Market Projection for leather market

The market is projected to reach $4.3 million by 2020, growing with CAGR of 7.64% between 2013 and 2020. The relatively constant growth of the market shows market potential which has not been utilized.  By using this information, surely entering leather market will be a great investment with promising return. Moreover, the increasingly expanding market will also give rise to more players in this market; creating more job opportunities and helping government fights unemployment.

Fun fact of leather industry: It is estimated that more than one million tonnes of hides and skins containing about 2.8 megatons of collagen are used yearly worldwide for leather production. The industry produces about 18 billion square feet of leather yearly and creating profit of $40 billion from its sales. Asian countries accounted for highest Dollars with value of leather shoe export shipment at 26.6 billion Dollar followed by European at $25.1 billion. In 2016, user penetration for leather shoe is at 17.34% and is expected to hit 24.52% in 2020. With that in mind, the revenue is expected to show an annual growth rate (CAGR 2016-2020) of 11.01%.

The leather market has brought prosperity to not only for its customers but also for its manufacturers and chemical suppliers. A good example from the manufacturing part is the fact that more than 500,000 tanners worldwide are working for leather industry, moreover this number increases for further downstream manufacturing process. The leather chemicals show most prominent growth in developing countries due to the rapid growth of leather industries. China and India are dominating in specific chemicals for tanning and dyeing purpose while some European countries are more into the finishing chemicals.

Tradeasia prides itself as one of the best leather chemical supplier you can find on the internet. We sell various chemicals for different stages of leather manufacturing process with the best quality and superb services. In the meantime, feel free to drop by our company website leatherchemical.net to browse our catalogue for chemicals relevant to the leather industry or follow us on Facebook and Twitter.

By          : Vincent Kiathadi