The latest report from the IMARC group, titled “Leather Chemicals Market Report: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which includes information on the Leather Chemicals market report. The report also includes competitor and regional analysis, as well as contemporary advancements in the global market. finds that the global leather chemicals market has reached a value of US$8.1 billion in 2021. Looking ahead, IMARC Group expects the market to reach a value of $11.89 billion by 2027 exposing a CAGR of 6.20% during the period 2022-2027.
Leather chemicals represent several specialty chemicals that are used for tanning, dyeing and finishing purposes during the various stages of leather production. They include mineral salts, vegetable tannins, animal oils, surfactants, degreasers, formic acid, aldehydes, chromium sulfates, biocides, resins, dyes, etc. Moreover, these chemicals are widely used to impart desired properties, such as texture, color, softness, toughness, water resistance, fullness, etc., to leather. Therefore, leather chemicals find wide applications in many industries including automotive, textile, footwear, etc.
|Base year: 2021|
|Forecast year: 2022-2027|
Leather Chemicals Market Trends and Drivers:
Growing demand for premium vehicles is primarily driving the leather chemicals market. In addition to this, the growing adoption of leather in the automotive industry for manufacturing automotive upholstery and interiors is further catalyzing the growth of the market.
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Additionally, the growing inclination for product aesthetics, especially among the millennial population, is propelling sales of high-quality luxury leather goods, such as wallets, bags, apparel, designer goods, and more. furnishings and other accessories. This acts as another important factor inducing growth.
In addition, leather chemicals, such as polymers, syntans, fat liquor, dyeing aids, etc., help improve the grip, mold resistance and softness of leather while preventing deterioration. caused by microorganisms, which is also increasing the global market.
Apart from this, the introduction of bio-based product variants, owing to the growing environmental concerns of consumers regarding the harmful effects of synthetic chemicals, is expected to drive the leather chemicals market over the forecast period.
Note: We regularly track the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
2022-2027 Global Leather Chemicals Market Analysis and Segmentation:
The competitive landscape of the market has been studied in the report along with the detailed profiles of key players operating in the market.
Abhilash Chemicals and Pharmaceuticals Pvt Ltd, BASF SE, DuPont de Nemours Inc., DyStar Singapore Pte Ltd (Zhejiang Longsheng Group and Kiri Industries Limited (KIL)), Eastman Chemical Company, Indofil Industries Limited, Lanxess AG, Pidilite Industries Limited, Schill + Seilacher GmbH, Stahl Holdings BV, TFL Ledertechnik GmbH and Zschimmer & Schwarz Chemie GmbH.
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The report has segmented the market based on region, chemical type, product, and end user.
Breakdown by type of chemicals:
- Tanning and dyeing chemicals
- Home Beam Chemicals
- Finishing chemicals
Breakdown by product:
- chromium sulphate
- Polyurethane resins
- Sodium bicarbonate
Breakdown by end user:
Breakdown by region:
- North America: (United States, Canada)
- Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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If you want the latest primary and secondary data (2022-2027) with cost module, business strategy, distribution channel, etc. Click request a free sample report, the published report will be emailed to you in PDF format within 24-48 hours of receipt. full payment.
Main highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- Value chain
- Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
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