Global Leather Chemicals Market By Overview
Introduction:
Leather Chemicals Market accounted for US$ 7.91 billion in 2020 and is estimated to be US$ 14.24 billion by 2030 and is anticipated to register a CAGR of 6.1%.
Leather is mainly produced by three sub-processes such as preparatory, tanning, and crusting. These processes required several chemicals such as formic acid, chromium, mercury hydrogen sulfide, and aldehydes. Majority of leather is tanned with chromium. The leather tanning process maintains the physical properties of leather and assist to preserving its softness and weather resistance properties as well. Chemical processes help leather, to make heat and water resistant and insensitive to environmental wear and tear and also prevents pigmentation.
Global Leather Chemicals Market By Dynamics
Rising demand for leather products
Rising demand for leather products in footwear and apparels industries are creating demand for leather chemicals and in turn driving growth of the global leather chemicals market. In addition, rising demand for leather from automotive and aviation sectors to provide aesthetic value to interiors are major factor expected to propel growth of the global leather chemicals market in the near future.
Rising per capita income of individuals
Furthermore, rising per capita income of individuals and growth in tourism industry are leading to increase in the demand of leather goods items which is supporting growth of the target market. Moreover, continuous changing fashion trends and increasing the consumer awareness level about various luxury products is fuelling the leather goods market which is indirectly supporting growth of the global leather chemicals market. However, health hazards such as kidney and liver damage, respiratory disorders, weakened immune systems and lung cancer caused by exposure to chromium is a major factor hampering growth of the global leather chemicals market.
High investment
High investment focusing to develop substitute chemicals and eco-friendly leather production solutions is expected to create lucrative opportunities for the players in the global leather chemicals market over the forecast period
Global Leather Chemicals Market By Segmentation
The leather chemicals market on the basis of type, application, and region. On the basis of type, the global leather chemicals market is segmented into wet-end leather and leather finishing. On the basis of application, the global market is segmented into footwear, furniture, and automotive. In application segment, the footwear segment is accounted for major revenue share in 2018 due to increasing trend, changing lifestyle, living standard, and increasing disposable income in the emerging economies.
Regional Insights:
For detailed understanding of market dynamics, the global leather chemicals market is analyzed across key regions viz North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the global market. The market in Asia Pacific is expected to account for major revenue share in global leather chemicals market, in 2018, followed by markets in other region. Textile industry in the region has witnessed an increase in demand for leather, owing to the rapid population expansion. This is attributed to presence of well established leather chemicals industry in the country in the region. Rising demand for leather and growing automotive sector in the region, particularly in countries such as India and China are major factors expected to support growth of the Asia Pacific market over the forecast period. North America leather chemicals market accounted for second-highest market share in the global market followed by Europe, in 2018.
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2030 |
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Market Segmentation |
By Type- Wet-End Leather and Leather Finishing By Application- Footwear, Furniture, and Automotive |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Detailed Segmentation:
Leather Chemicals Market, By Type:
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- Wet-End Leather
- Leather Finishing
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Leather Chemicals Market, By Application:
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- Footwear
- Furniture
- Automotive
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Leather Chemicals Market, By Region:
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- North America
- North America Leather Chemicals Market, By Type
- North America Leather Chemicals Market, By Application
- North America Leather Chemicals Market, By Country
- U.S.
- Canada
- Europe
- Europe Leather Chemicals Market, By Type
- Europe Leather Chemicals Market, By Application
- Europe Leather Chemicals Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia-Pacific
- Asia-Pacific Leather Chemicals Market, By Type
- Asia-Pacific Leather Chemicals Market, By Application
- Asia-Pacific Leather Chemicals Market, By Country
- China
- India
- Australia
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Latin America Leather Chemicals Market, By Type
- Latin America Leather Chemicals Market, By Application
- Latin America Leather Chemicals Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- Middle East Leather Chemicals Market, By Type
- Middle East Leather Chemicals Market, By Application
- Middle East Leather Chemicals Market, By Country
- GCC
- Israel
- Rest of Middle East
- Africa
- Africa Leather Chemicals Market, By Type
- Africa Leather Chemicals Market, By Application
- Africa Leather Chemicals Market, By Country
- North Africa
- Central Africa
- South Africa
- North America
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Global Leather Chemicals Market By Key Players
Some of the prominent players operating in the leather chemicals market include BASF SE, TFL Ledertechnik GmbH & Co.KG, Stahl International BV, Lanxess AG, Bayer AG, Clariant International Ltd., Heim Leather Chem GmbH, Dystar Singapore Pte Ltd, Knox Lawrence International LLC, and Pidilite Industries Limited. Technological advancements in the product as well as in manufacturing process, product launches, and strategic partnerships are some trends witnessed in the global leather chemicals market.
Global Leather Chemicals Market By Company Profile
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- BASF SE.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- TFL Ledertechnik GmbH & Co.KG
- Stahl International BV
- Lanxess AG
- Bayer AG
- Clariant International Ltd.
- Heim Leather Chem GmbH
- Dystar Singapore Pte Ltd
- Knox Lawrence International LLC
- Pidilite Industries Limited
- BASF SE.
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Global Leather Chemicals Market By Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Preview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Product Launch
- Merger and Acquisitions
- Impact Analysis
- PEST Analysis
- Porter’s Analysis
- Market Dynamics
- MarketSegmentation, By Type, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Wet-End Leather
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Leather Finishing
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- MarketSegmentation, Application, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Footwear
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Furniture
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Automotive
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- MarketSegmentation, By Region, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Overview
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- Y-o-Y Growth Analysis (%), 2019 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- China
- India
- Australia
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- South Africa
- Central Africa
- North Africa
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- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- BASF SE.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- TFL Ledertechnik GmbH & Co.KG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Stahl International BV
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Lanxess AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Bayer AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Clariant International Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Heim Leather Chem GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Dystar Singapore Pte Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Knox Lawrence International LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Pidilite Industries Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- BASF SE.
- Analyst Views
- Section
- Research Methodology
- About Us
- Contact
FAQs
Global Leather Chemicals Market is segmented on basis of by type, by application, and region.
The demand for finishing chemicals is expected to foster the growth of market.
Asia Pacific is expected to dominate the market, owing to several technological developments.
Some of the prominent players operating in the global leather chemicals market include BASF SE, TFL Ledertechnik GmbH & Co.KG, Stahl International BV, Lanxess AG, Bayer AG, Clariant International Ltd., Heim Leather Chem GmbH, Dystar Singapore Pte Ltd, Knox Lawrence International LLC, and Pidilite Industries Limited.