Product Code: ETC039066 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Thailand Leather Chemicals market currently, in 2023, has witnessed an HHI of 2284, Which has increased slightly as compared to the HHI of 1628 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Thailand is the world???s largest producer of leather chemicals and a major exporter to other countries. The Thailand leather chemicals industry has been growing steadily over the past few years, with an increasing demand for environmentally friendly products. The market is driven by stringent regulations on hazardous substances in textiles and by rising consumer demand for higher-quality leather products. Thailand variety of raw materials, cost advantages, and technical expertise make it an attractive market for many global companies that specialize in producing leather chemicals such as tanning agents, syntans (synthetic tannins), fat liquors/emulsifiers, dyestuffs/pigments, finishing agents, binders and others.
The main drivers of growth in the Thailand Leather Chemicals Market are increased demand from domestic consumers and expanding export markets due to lower tariff rates under free trade agreements with other countries such as China and Japan. In addition, rising environmental awareness among consumers has led to greater demand for eco-friendly products which drive innovation within this sector leading to further growth potential. Additionally favorable government policies have helped boost investments into research & development which also helps accelerate new product launches offering better performance characteristics at competitive prices driving customer loyalty & satisfaction leading to more sales volumes overall helping grow the industry even further.
The key challenges faced by players operating in this market include high competition due to presence of numerous local players offering similar range of products at competitive price points making it difficult for new entrants or companies targeting international clients who require superior quality offerings at comparatively higher prices compared to locally produced items.Furthermore, volatility in commodity prices, currency fluctuation combined with labor shortages due Covid pandemic have impacted production costs negatively causing instability across supply chains affecting normal business operations adversely .
The impact of Covid 19 pandemic can be seen both positively as well as negatively on this industry.On one hand while some parts remain operational on low capacity levels reducing revenue generation opportunities, however there has been an increase witnessed especially towards online retailing platforms selling eco friendly synthetic based leather goods providing much needed relief during these tough times .
Major Key Players involved in Thailand Leather Chemicals Market include BASF SE, Clariant AG, Dow Chemical Company Ltd., Huntsman International LLC., Lanxess Corporation, Eastman Chemical Company etc
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Leather Chemicals Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Leather Chemicals Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Leather Chemicals Market - Industry Life Cycle |
3.4 Thailand Leather Chemicals Market - Porter's Five Forces |
3.5 Thailand Leather Chemicals Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Leather Chemicals Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Thailand Leather Chemicals Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Thailand Leather Chemicals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Leather Chemicals Market Trends |
6 Thailand Leather Chemicals Market, By Types |
6.1 Thailand Leather Chemicals Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Leather Chemicals Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Thailand Leather Chemicals Market Revenues & Volume, By Biocides, 2021-2031F |
6.1.4 Thailand Leather Chemicals Market Revenues & Volume, By Surfactants, 2021-2031F |
6.1.5 Thailand Leather Chemicals Market Revenues & Volume, By Chromium Sulfate, 2021-2031F |
6.1.6 Thailand Leather Chemicals Market Revenues & Volume, By Polyurethane Resins, 2021-2031F |
6.1.7 Thailand Leather Chemicals Market Revenues & Volume, By Sodium Bicarbonate, 2021-2031F |
6.1.8 Thailand Leather Chemicals Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Leather Chemicals Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Thailand Leather Chemicals Market Revenues & Volume, By Tanning & Dyeing, 2021-2031F |
6.2.3 Thailand Leather Chemicals Market Revenues & Volume, By Beamhouse, 2021-2031F |
6.2.4 Thailand Leather Chemicals Market Revenues & Volume, By Finishing, 2021-2031F |
6.3 Thailand Leather Chemicals Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Thailand Leather Chemicals Market Revenues & Volume, By Footwear, 2021-2031F |
6.3.3 Thailand Leather Chemicals Market Revenues & Volume, By Upholstery, 2021-2031F |
6.3.4 Thailand Leather Chemicals Market Revenues & Volume, By Garments, 2021-2031F |
6.3.5 Thailand Leather Chemicals Market Revenues & Volume, By Leather Goods, 2021-2031F |
7 Thailand Leather Chemicals Market Import-Export Trade Statistics |
7.1 Thailand Leather Chemicals Market Export to Major Countries |
7.2 Thailand Leather Chemicals Market Imports from Major Countries |
8 Thailand Leather Chemicals Market Key Performance Indicators |
9 Thailand Leather Chemicals Market - Opportunity Assessment |
9.1 Thailand Leather Chemicals Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Leather Chemicals Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 Thailand Leather Chemicals Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Thailand Leather Chemicals Market - Competitive Landscape |
10.1 Thailand Leather Chemicals Market Revenue Share, By Companies, 2024 |
10.2 Thailand Leather Chemicals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |