Leather Chemicals Market Size 2022-2027, Share, Industry Trends, Analysis, Growth Report and Forecast

The latest research study “Leather Chemicals Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global leather chemicals market reached a value of US$ 8.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 11.89 Billion by 2027 exhibiting a CAGR of 6.20% during 2022-2027.

Industry Overview and Application :

Leather chemicals comprise various specialty chemicals used to process raw animal hides to obtain finished products. They are applied to hides or skins to prevent the deterioration caused by the microorganisms and enhance the texture, adhesiveness, and mold resistance of leather. They also help impart the desired properties, such as color, softness, toughness, water resistance, and fullness to the leather. As a result, leather chemicals are widely utilized for tanning, dyeing, and finishing during different stages of leather production. Nowadays, some commonly available chemicals include resins, dyes, vegetable tannin, mineral salts, animal oils, surfactants, degreasers, formic acid, aldehydes, chromium sulfates, biocides, and salts.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Leather Chemicals Market Trends and Drivers:

The global leather chemicals market is primarily driven by the growing usage of leather for manufacturing automotive upholstery and interior. Additionally, with changing fashion trends and inflating consumer disposable incomes, there has been a significant increase in premium leather clothing and footwear demand.

In line with this, the shifting consumer preferences toward high-quality luxury leather items, such as handbags, apparel, home furnishings, wallets, and other accessories, have augmented the product demand. Furthermore, the launch of bio-based green leather chemicals due to the rising environmental consciousness and awareness about the harmful impacts of synthetic chemicals has accelerated the product adoption rate.

Other factors, including the escalating sales of high-end vehicles, shifting inclination toward product aesthetics, elevating living standards, rapid urbanization, and easy availability of raw materials, are also anticipated to propel the market growth. 

Leather Chemicals Market Report Scope
Report CoverageDetails
Market size value in 2021US$ 8.1 Billion
Market forecast in 2027US$ 11.89 Billion
Growth RateCAGR of 6.20% from 2022 to 2027
Base year for estimation2021
Historical data2016-2021
Forecast period2022-2027

Global Leather Chemicals Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the 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 B.V., TFL Ledertechnik GmbH and Zschimmer & Schwarz Chemie GmbH.

The report has segmented the market on the basis of region, chemicals type, product and end user.

Breakup by Chemicals Type:

  • Tanning and Dyeing Chemicals
  • Beam House Chemicals
  • Finishing Chemicals

Breakup by Product:

  • Biocides
  • Surfactants
  • Chromium Sulfate
  • Polyurethane Resins
  • Sodium Bicarbonate
  • Others

Market Breakup by End User:

  • Footwear
  • Furniture
  • Automotive
  • Textile
  • Others

Breakup 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

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/leather-chemicals-market

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key 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
  • Comprehensive 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 a part of the customization.

Read Also : Sodium Silicate Market Size 2022-2027, Share, Growth, Analysis and Industry Forecast

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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