Page 13 - Chemexcil NEWS August - September 2017 for web
P. 13
5. Preferential Tariff Arrangement-Group of The textile industry is a chemicals based industry.
Eight Developing Countries (Members : There are different types of chemicals needed in
Bangladesh, Indonesia, Malaysia, Pakistan, the process of different types of textile processing
Egypt, Iran, Islamic Republic of Nigeria, steps. So chemicals play a vital role in textile
Turkey) industry specially wet processing factory.
6. South Asian Free Trade Area (Members: Liketextile,pharmaceuticalsectorhasagreatfuture.
Bangladesh, Bhutan, India, Nepal, Sri Lanka, The pharmaceutical sector is widely regarded as
Pakistan, Maldives) a “hi-tech” industry, is a most developed among
the manufacturing in the Bangladesh. Roughly
(For More details please refer https://aric.adb.org/ 250 companies are operating in the market. So
fta-country) there are various types of chemicals used in this
sector. Also there are so many chemicals are used
GDP (purchasing power parity): $628.4 billion in different industrial areas at present stage.
(2016 est.),$587.7 billion (2015 est.),$550.2 billion
(2014 est.) The Dyestuff sector is one of the important
segments of the chemical industry in Bangladesh,
Industries:- jute, cotton, garments, paper, leather, having forward and backward linkages with a
fertilizer, iron and steel, cement, petroleum variety of sectors like textiles, leather, paper,
products, tobacco, pharmaceuticals, ceramics, plastics, printing inks and foodstuffs. The textile
tea, salt, sugar, edible oils, soap and detergent, industry accounts for the largest consumption of
fabricated metal products, electricity, natural gas. dyestuffs at nearly 70%.
Exports: - $33.32 billion (2016 est.), $31.74 billion Different Chemical Names and Their Uses:
(2015 est.)
Chemicals are the most important ingredients
Exports Commodities:- garments, knitwear, of the wet process based industry. Textile wet
agricultural products, frozen food (fish and processing industry can’t imagine without
seafood), jute and jute goods, leather. chemicals. Without textile industry, chemicals also
widely used in manufacturing of pharmaceuticals,
Exporting Partners: - US 13.9%, Germany 12.9%, papers, cements, fertilizers, paints, plastics
UK 8.9%, France 5%, Spain 4.7% (2015) etc. Different chemicals used for different
manufacturing process. Mostly used chemicals
Imports: - $39.17 billion (2016 est.), $37.63 billion in textiles and other industries are summarized
(2015 est.) below:
Import Commodities:- cotton, machinery and Caustic Soda:
equipment, chemicals, iron and steel, foodstuffs.
One of the main basic chemical is caustic soda.
Import Partners:- China 22.4%, India 14.1%, Its chemical name is Sodium Hydroxide (NaOH).
Singapore 5.2% (2015). It is an industrial product. Different industries use
Caustic Soda as raw material. We name here few
An Overview of the Chemical Sector in Bangladesh of the large consuming industries of Caustic Soda
consumption such as Soap, glass, drugs, paper &
The textile industry has played an important role pulp, textiles, leather, sugar, WTP and ETP etc.
in Bangladesh’s economic for a long time. Country
textile industry in Bangladesh accountants for Hydrogen Peroxide:
45% of all industrial employment and contributes
5% to the total national income. A huge 78% of Our main basic chemical is Hydrogen Peroxide
country’s exports earnings come from textiles (H2O2). Market size in our country is ever bigger
and apparels sector, according to largest figures like caustic soda. Textile, Dyeing, medicine,
available. The textile private sector in the country pharmaceuticals, cleaning agent, pulp and paper
is the fastest growing sector in Bangladesh. So etc Industries use Hydrogen Peroxide in huge
the future of textile industry of Bangladesh is very quantity.
bright. Combined the textile and apparel sectors
consist of around 4000 firms. The textile industry
is one of the largest in Bangladesh and is still
expanding.
11 August-September-2017
