Finishing agents market

Finishing Agents - World's Largest Markets

In value terms, the largest finishing agents, dye carriers and other preparations markets worldwide were the United States, China and Japan, with a combined 44% share of the global market. The UK, India, Nigeria, Mexico, Taiwan (Chinese), Indonesia, Brazil, Germany, Iran and France lagged somewhat behind, together accounting for a further 31%.

Taiwan (Chinese) saw the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while market of finishing agents, dye carriers and other preparations for the other global leaders experienced more modest paces of growth.

Finishing Agents, Dye Carriers And Other Preparations Prices

Finishing Agents, Dye Carriers and Other Preparations - Top Importers

In value terms, China ($121M) constitutes the largest market for imported finishing agents, dye carriers and other preparations worldwide, comprising 29% of global imports. The second position in the ranking was occupied by India ($26M), with a 6.1% share of global imports. It was followed by Italy, with a 4.7% share.

In China, imports of finishing agents, dye carriers and other preparations declined by an average annual rate of -8.3% over the period from 2018-2020. In the other countries, the average annual rates were as follows: India (-3.9% per year) and Italy (-13.1% per year).

Finishing Agents, Dye Carriers and Other Preparations - Top Exporters

In value terms, Italy ($93M), Germany ($70M) and the United States ($29M) constituted the countries with the highest levels of exports in 2020, with a combined 53% share of global exports. Singapore, Spain, China, France, Brazil, Hong Kong SAR, the Netherlands, India and Canada lagged somewhat behind, together accounting for a further 36%.

Among the main exporting countries, Canada (+135.5% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Finishing Agents, Dye Carriers and Other Preparations - Market Forecast

Driven by rising demand for finishing agents, dye carriers and other preparations worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Finishing Agents - Product Coverage

• HS 380993 - Finishing agents and dye carriers; to accelerate dyeing or fixing of dye-stuffs, other products and preparations, used in the leather or like (excluding paper and textile) industries, (excluding those with a basis of amylaceous substances)