Textile Chemical Business in Bangladesh

In this post, I try to give some info about the various types of textile chemicals and other chemicals which are used in Bangladesh mostly. Here the present conditions of the textile chemicals in Bangladesh and also in world scenario has described shortly. We consider the list of textile chemicals which are used in Bangladesh.

Introduction: 

The textile industry is a chemicals based industry. There are different types of chemicals needed in the process of different types of textile processing steps. So chemicals play a vital role in textile industry specially wet processing factory. These chemicals find extensive application during the processing of cellulosic fibers such as cotton, viscose, linen, jute as well as synthetic fibers like PE, nylon etc. Bangladesh is developing as one of the major textile exporting nations; the demand for textile chemicals in the country has increased sharply in the recent years. Low worker wages and easy raw material availability are some of the prime factors driving the country’s textile industry as well as other allied industries such as textile chemicals. However, due to limited technical capabilities and poor infrastructure, multinational textile chemical companies have not been able to set up their production facilities in Bangladesh. Textile chemicals are mostly imported in Bangladesh from various countries due to lowly chemical production infrastructure in the country. In order to capitalize on huge growth opportunities in the market, these companies are importing textile chemicals from their key production facilities in countries such as India and China.

Textile Chemical Business in Bangladesh 

According to “Bangladesh Textile Chemicals Market Forecast & Opportunities, 2019”, the textile chemicals market in Bangladesh is projected to grow at a CAGR of 6.9% during 2014-19. The country is witnessing significant investments in the textile market from all across the globe, primarily from China and India. The textile chemicals market is expected to witness healthy growth due to continuously increasing demand for Bangladeshi textiles and readymade garments in Europe and the United States. In addition, changing patterns in the consumption of specialty finishing and pre-treatment chemicals is expected to drive the demand for textile chemicals during the forecast period. The report provides a comprehensive list of buyers, distributors and suppliers of textile chemicals, along with their portfolio and contact details, in Bangladesh.

The Dyestuff sector is one of the important segments of the chemical industry in Bangladesh, having forward and backward linkages with a variety of sectors like textiles, leather, paper, plastics, printing inks and foodstuffs. The textile industry accounts for the largest consumption of dyestuffs at nearly 70%. 

Objects of the Study:

The main objective of this study as follows:

1. Segments of chemicals
2. Prospect and challenges of basic chemicals industries in Bangladesh
3. Present situation of chemicals sectors in Bangladesh
4. Factors to consider when staring a manufacturing plant or a business
5. Present condition of global chemicals industries
6. Market demand to set up a chemicals business
7. To identify the problems and prospects in different areas of chemicals sectors.
8. To investigate the potential problem & prospects in chemical business.
9. To find out the textile chemical market research.
10. To increase the potentialities of chemical business.

Different Chemical Names and Their Uses:

Chemicals are the most important ingredients of the wet process based industry. Textile wet processing industry can’t imagine without chemicals. Without textile industry, chemicals also widely used in manufacturing of pharmaceuticals, papers, cements, fertilizers, paints, plastics etc. Different chemicals used for different manufacturing process. Mostly used chemicals in textiles and other industries are summarized below: 

Caustic Soda: 

One of the main basic chemical is caustic soda. Its chemical name is Sodium Hydroxide (NaOH). It is an industrial product. Different industries use Caustic Soda as raw material. We name here few of the large consuming industries of Caustic Soda consumption such as Soap, glass, drugs, paper & pulp, textiles, leather, sugar, WTP and ETP etc. 

Hydrogen Peroxide: 

Our main basic chemical is Hydrogen Peroxide (H2O2). Market size in our country is ever bigger like caustic soda. Textile, Dyeing, medicine, pharmaceuticals, cleaning agent, pulp and paper etc Industries use Hydrogen Peroxide in huge quantity.

Acetic Acid: 

This acid is widely used in textile wet processing industry for neutralization of fabric. And also used to neutralize from alkali condition or obtain acidic condition in dyeing solution.

Wetting & Detergent:

It is the heart of textile processing & dyeing. In the process of producing. It is used for removing extraction of oil, waxes and dirt from the fabric. It removes the sizing chemicals from the fabrics due to its high detergency property. There are different types of detergent available in this market. For example: http://www.pertexcorporation.com/index/article?cat_id=3&&scid_id=16

Stable Bleaching Powder (SBP): 

It is a very useful chemical. Not only domestic customers use this chemical. It is used in textile industry, pulp and paper industries and washing plant. Hospitals, WASA etc. organization use stable bleaching powder in bulk quantity. It has domestic use for cleaning houses, toilets and other places. For details:

 http://www.pertexcorporation.com/index/article?cat_id=2&&scid_id=13

Global Scenario: 

Global chemical industry is estimated to be USD 3.5 trillion and considered one of the fastest growing sectors of the manufacturing industry. The base chemicals form the largest segment accounting for 45% of the total industry, followed by pharmaceuticals accounting for 27%, specialty chemicals attributing 22% followed by bio-technology and agro-chemicals at 5% and 1%, respectively. Of these specialty chemicals are expected to grow at a faster pace in the next few years in comparison to their global counterparts. 

Market Demand:

According to “Feed Mill Industry in Bangladesh: Business Report 2012” the chemical industry in the country by identifying key market players, (including major producers, traders, etc), as well as evaluating foreign economic relations within the sector in the last three years.
The textile wet processing industry is a chemicals based industry. Different types of chemicals need in the process of different types of textile processing steps. So chemicals play a vital role in textile industry. 

There are number of company or suppliers supply the chemicals in the Bangladesh, Some of their Bangladeshi suppliers and some of their foreigner company. So there is a vast market demand in textile chemicals. 

This market research report offers a perspective on the actual market situation, trends and future outlook for chemical in Bangladesh. The study provides essential market information for decision-makers including: 

Challenge of Textile Chemical Sector in Bangladesh: 

Presently the apparel export sector is multi-billion dollar manufacturing and export oriented industry in Bangladesh. The success of ready-made garment exports from the country over the last 30 years that has surpassed the most optimistic expectations. For continuation of this success backward linkage of textile apparel industry such as spinning, weaving, knitting and specially dyeing, printing and finishing should develop and proper orientation of these sectors. To properly operate of the dyeing, printing and finishing sector need proper chemical arrangement and distribution.

Results and Discussion: 

Bangladesh chemical industry is of key importance from the point of view of domestic industries i.e. it caters to various industries and has a high potential of growth in the Bangladesh market. So far because of high demand in the domestic market itself, most of the chemical producers were focused on meeting domestic demand rather than exports. The export prospects are also seemed to be good in the light of the fact that Asian region is increasingly emerging as a larger producer as well as consumer of chemical products. 

Conclusion:

From this market research we have seen that there is a big condition to set up a textile chemicals business in Bangladesh. Chemicals business is profitable business. Bangladesh chemical industry is of key importance from the point of view of domestic industries i.e. it caters to various industries and has a high potential of growth in the Bangladesh market. However, due to lack of research and development, the Bangladesh industry lacks technical know-how and there are few Bangladesh companies in this field, which have attained global competency levels.

Please visit our site to see our different Product range and also for Technical Journal.

http://www.pertexcorporation.com/

How to become a Successful Freelancer

Everyone desires money, there is no damn cause to make excuses or justify it or be afraid of it. I also need money. Just it should be earned through right way. This is Freelancing – how I make money. Don’t be embarrassed of your need. Just Read it and start yourself. 

May be you are a Jobless or Doing Job (but have enough free time) or Entrepreneur yourself (but also need a steady source of income), Just start this. It’s a safe way (even though not so easy) to ensure that you have enough work to support yourself before you become a full-time Job holder / Entrepreneur.

1.   Set Your Mind and Renovate Your Thinking

You will not require Trade License or any company formation in order to start freelancing. As a freelancer, you are your own boss. You can take the ultimate decisions. No boundaries where you want to live. No need to worry to go to the office early in the morning, wake up when you want. Travel the world and even get paid to do it (many travel bloggers enter in this category). All in all, freelancing will give you great flexibility.

And, if you are currently doing job and want to do freelance in your spare time- mostly owner don’t care and even if they do, they can’t control what you do off-hours. The trick is making sure that your freelance life doesn’t hamper with your day job. For example, the tendency to check your private email account at work can be offense so it’s very important to set schedule with your clients at the certain times when you are available. In practical, the relationship between your boss and you at your day job is not similar comparing the relationship between a client and you.

Freelancers have a certain definition that is protected by the Department of Labor:

·         Freelancers can work where they want

·         Freelancers can work when they want (obviously deadlines are good, but the client can’t tell you that you have to work 9 am - 5 pm)

·         Freelancers have the right not to be micromanaged. If the client is hiring you as a freelancer, they shouldn’t be training you extensively or giving you exact instructions about how to complete your work. A freelancer should be treated as a valuable outsider, not as a low-level intern.

·         Freelancers have the right to take on any additional clients they choose.

But being a Freelancer, it doesn’t mean that you are an employee without social benefits. Even you aren’t working for free. Everything starts with your attitude. Take yourself seriously. Freelancing involves a lot of planning, hard work, discipline and commitment. You have to think about Freelancing that it’s your own small business and you are the Owner / CEO. You are the most important asset.

2.   Set Your Targets and Be Organized

At First, set your targets and then develop yourself to achieve those targets. Nobody was born with the know-how. You might not be able to get that job as a SEO specialist just yet, but with time and effort you can learn and become better at it. Start with taking smaller jobs, gain experience and persevere. It’s not about who you are now but about who you can become. If you don’t try, you automatically fail. So don’t give up before you even start! One of the greatest quotes of all time states: “The journey of a thousand miles begins with a single step” (Lao Tzu).

Most job postings or referred clients will ask to see your resume and either a few samples or your full portfolio (online). This largely depends on the type of work that you do. But what if you’re looking for your first client? Here are 5 things you can do:

·         Send an email out to your family, friends, and past co-workers that you’re open for business and encouraging them to forward the email to whomever they feel might know someone.

·         Send out personalized emails to each of your old bosses. They hired you once, maybe they’ll hire you again. Also, these are the types of people with a lot of contacts in your industry.

·         Optimize your LinkedIn page and then search for gigs through LinkedIn and other online job boards.

·         Go into local businesses and offer your services.

·         Do research and come up with a list of 5 good clients you’d like to work for. (Even companies that haven’t posted a job.) Send a quick email introducing yourself and explaining what you do, and one way you could improve their business. Send one email a day for a week.

I told you already that you are your own boss as a freelancer. So you really have to be organized. Make your daily schedule and stick to it. There is no boss to order you what to do or when to do it. There is no pressure from being in competition with your co-workers. In this sense, this is the most challenging part of being a freelancer. Even before becoming a freelancer, draft a solid business plan. May be you have all the information in your head, but write it on paper so that you can rethink certain aspects of your strategy. I always find this extremely helpful.

3.   Frame yourself with like-minded people

Don’t segregate yourself just because you are working from home. As a successful freelancer, you are an entrepreneur also. You have to make relation with people who have a positive influence on you and can inspire your creativity. As a freelancer, you are part of a global community. Look for freelancer meetup groups in your area or Join a freelance online community.

Online marketing is the kind of thing that takes time. If you’re smart about the time you spend on Facebook and other social media, blogging, and on your website, you will see a good return on that investment. Here are some resources to help you get started:

·         How to land clients with social media

·         Some online classes to help you learn internet marketing

·         How to develop an email newsletter list

·         How to create a personal brand

·         How to set up your freelance website

As you are working to establish your freelance business for full-time, it will make sense to take this slow. Let your social media followers know about your business. Then create a simple typeface logo for yourself. Then set up a simple website with just two or three pages (Must Read, About, Contact). Set small goals for yourself. If you really eager to get your business off the ground, word-of-mouth is not enough. Online marketing will be key when you really want to bring your business out of the corners of your life.

4.   Keep Fit Yourself

Once you become a freelancer, there’s nothing easier than slipping in your life. You might need to get it out of your system occasionally, but don’t make a habit out of it. As mentioned before, you are both the greatest asset and the bottleneck of your small business. Staying fit and healthy is crucial because you will only get paid if you can deliver the Job.

As a freelancer, you have to be most creative. Try to sleep at least 6 hours per night, eat a healthy diet and include exercise in your daily schedule. Stay hydrated and always keep a bottle of water on your desk.

5.   Understand - why you do Freelancing

It’s not a matter what you do but why you do it ? Freelancing is a lifestyle that comes with a lot of benefits and plenty of freedom. But it also comes with worries and the need to continuously learn and improve yourself as this is a part of Technology which changes every moment. Your clients will want to see samples of your work before they hire you. For example,

·         Create your own blog 

·         Search and Read this - Word Press vs Blogger comparison

·         Also have a look at mistakes new bloggers make and try to avoid them.

·         Making money with a blog

If your Client ask the stuff for Free – This is Tricky. New freelancers sometimes fall into the trap of, “If you give me one or two blog posts, I may eventually pay you for them.” This could turn out to be a very sad use of your time.

6.   Work Smartly and Think Smartly

Now a days, everyone using Smartphone, Tab etc. There are stacks of literature, forums from where you can consume lots of knowledge about freelancing and it’s techniques and many more. Always try to read these in your spare time. Find your strengths and control your weaknesses. This is the first time in the history of mankind when so many great ideas flow freely. Take advantage of them.

Autobiography

My name is Ziauddin Prince and I am a Freelancer who cares the value of time, think smartly & work smartly and always deliver the work on time. My aim is to make my buyer Happy through my job performance. If you are looking for SEO e.g. Keyword Research & Analysis, Anchor Text, Back Linking, Site Optimization etc, I think, I am the Right Person for you as a Trusted Freelancer.

As my parents were in The National Defense Service, I have completed SSC from Bangladesh Navy School, Dhaka and HSC from Adamjee Cantonment College, Dhaka. And, later on, I have completed my graduation - B.S. in Textile Engineering from Ahsanullah University of Science & Technology, Dhaka.

Adamjee Cantonment College, Dhaka

Ahsanullah University of Science & Technology, Dhaka

I speak fluently English, Hindi and Bangla.

Specialties

SEO, Product Innovation, Business Development, Data Entry, Graphics Design

Suggestion

Please read my another post regarding How to become a Successful Freelancer