Textile
chemicals demand in India stood at 323.52 thousand tonnes in
2018 and is projected to grow at a CAGR of 3.62% during 2019-2030 to reach
487.63 thousand tonnes by 2030. Government initiatives like Powertex for fabric
segment, Amended Technology Upgradation Fund Scheme (ATUFS) for all segments
except spinning and setting up of integrated textile parks are expected to aid growth
in textile chemicals market. Moreover, export rates under Merchandise Exports
from India Scheme (MEIS) have been revised to 4% for apparel, from a mere 2% in
2017. Exporters can also avail financial assistance under the Market Access
Initiative (MAI) scheme. Support from the government, increasing per capita
income and changing lifestyle are anticipated to drive the demand for textile
chemicals in India during the forecast period of 2019-2030.
Years Considered for this Report:
Historical Years: 2013 – 2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020 – 2030
Objective of the Study:
- The primary objective of the study was to evaluate and forecast textile
chemicals production, demand, inventory, and demand – supply gap in India.
- To categorize textile chemicals demand based on type, process type, textile type, application, region
and sales channel.
- To study trade dynamics and company share in India textile
chemicals market.
- To identify major customers of textile chemicals in India.
- To evaluate and forecast textile chemicals pricing by grade in India
textile chemicals market.
- To identify and profile major companies operating in India textile chemicals market.
- To identify major news, deals
and expansion plans in India textile chemicals market.
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Report Scope:
In this report, India textile
chemicals market has been segmented into
following categories, in addition to the industry news which have also been
detailed below:
Some of the major players operating in India textile
chemicals market are Bodal Chemicals Limited, Kiri Industries Limited, Huntsman
International (India) Private Limited, Archroma India Private Limited, Fineotex
Chemical Limited, etc.
To extract data for India textile
chemicals market, primary research surveys were conducted with manufacturers,
suppliers, distributors, wholesalers and end users of textile chemicals. While
interviewing, the respondents were also inquired about their competitors.
Through this technique, TechSci Research was able to include manufacturers that
could not be identified due to the limitations of secondary research. Moreover,
TechSci Research analyzed various end user segments and projected a positive
outlook for India textile chemicals market over the coming years.
TechSci Research calculated textile
chemicals demand in India by analyzing the historical data and demand forecast
was carried out considering raw material prices. TechSci Research sourced these
values from industry experts and company representatives and externally
validated through analyzing historical
sales data of respective manufacturers to arrive at the overall market size.
Various secondary sources such as company websites, association reports, annual
reports, etc., were also studied by TechSci Research.
Key
Target Audience:
- Textile chemicals manufacturers
and other stakeholders
- Organizations, forums and alliances related to
textile chemicals distribution
- Government bodies such as
regulating authorities and policy makers
- Market research organizations
and consulting companies
The study is useful in
providing answers to several critical questions that are important for industry
stakeholders, such as textile chemicals manufacturers, distributors and
policy makers. The report also provides useful insights about which market
segments should be targeted over the coming years to strategize investments and
capitalize on growth opportunities.
Available Customizations:
With the given
market data, TechSci Research offers customizations according to a company’s
specific needs.
In case you can’t find what, you are looking for
then please get in touch with our custom research team at [email protected]