Leather Chemicals Market 2021-2024: Growth Drivers, Business Statistics, Top Region with Share, and Revenue Analysis

Leather Chemicals

The “Leather Chemicals Market” Report provides a thorough examination of the market. The Leather Chemicals Market research investigates how firms in the Leather Chemicals Market are reacting to changing market conditions by examining major industry strategies. The report covers current top players are recognised and rated based on their market shares. It also includes data on leading manufacturers, market segmentation by types, applications, and geographic regions. Market capacity, production, consumption, sales, and revenue are all discussed in this Leather Chemicals market report.

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Competitor Analysis:

Leather Chemicals market covers the vision of competitor analysis by product types, market share, applications, sales and revenue. It covers the top key players like –

  • Balmer Lawrie Co. Ltd
  • Chemtan Company
  • DyStar
  • Elementis PLC
  • Indofil Industries Ltd
  • Lanxess
  • Papertex Specialty Chemicals Pvt Ltd
  • Schill Seilacher GmbH Co.
  • Stahl International BV
  • TEXAPEL
  • Zschimmer Schwarz Co. KG
  • Clariant
  • TASA Group International

    Market Overview:

  • The market for leather chemicals is anticipated to register a CAGR of more than 6% during the forecast period 2019-2024. These chemicals are generally applied to hides or skins to prevent the deterioration caused by the micro-organisms, as well as to improve the texture of leather, thus, making them fit for several applications. The market is driven by its increasing demand from the automotive industry, owing to its increasing usage in automotive upholstery.
  • – Increasing demand for automotive upholstery and growing footwear & textile industries in Asia-Pacific are augmenting the growth of the market.
  • – Growing environmental concerns and stringent regulations and high operational cost are likely to hinder the market’s growth.
  • – Ongoing research to develop bio-based, eco-friendly products is projected to act as an opportunity for the market in future.<

    Key Market Trends:

    Textile Industry to Witness the Higher Potential Growth

    – Leather chemicals are generally applied on skins, to prevent the deterioration caused by microorganisms, as well as for improving the texture of leather, by making leather suitable for further applications.
    – Leather is used for various applications, such as clothing and fashion in the textile and footwear industries, in interiors for the automotive industry, etc.
    – The application of leather in the textile industry has currently been on the rise, owing to the changing preferences toward fashion-oriented generation.
    – The world population is increasing annually, leading to rise in the textile industry. The global population is anticipated to reach 8.1 billion by 2025, which is impacting the growth of the textiles market. China is the world’s leading producer and exporter of both raw textiles and garments.
    – According to IBEF, Indian textiles industry is expected to reach USD 250 billion by 2019. India’s textiles industry contributed 15% to the export earnings of India, during 2017-2018, and is estimated to rise further in the upcoming years.
    – Moreover, according to the National Council of Textile Organizations in the United States, the value of shipments for US textiles and apparel was estimated at around USD 77.9 billion in 2017, and US exporters of fiber, textiles, and apparel production were USD 28.6 billion in the same year. This is expected to rise further in the upcoming years.
    – Such factors are expected to drive the market for leather chemicals in the textile industry, through the forecast period.

    In Asia-Pacific region, India to dominate the Market

    – India is expected to become a leader in the automotive industry by 2030, according to IBEF, providing opportunities for electric and commercial vehicles. The rise in demand is due to an increase in middle-class income and the growth in young population.
    – The production of total vehicles in India has been increased by 8%, from 4,792,231 million units, in 2017, to 5,174645 million units, in 2018. The Indian automotive industry became the fourth largest in the world, with sales increasing by 8% on a year-to-year basis, to reach 5.17 million units in 2018.
    – Moreover, the Indian automotive industry became the fourth largest in the world, with sales increasing by 8% on an annual basis, to reach 5.17 million units in 2018.
    – According to IBEF, the Indian textile industry is expected to reach USD 230 billion by 2020. Huge initiatives are being undertaken by the Government of India, as the textile industry is witnessing a growth in the country.
    – Additionally, according to the Indian footwear industry report, the footwear production is crossing approximately 22 billion pairs, annually, accounting for around 9.6% of the contribution to the global footwear output. India is the world’s third-largest footwear consumer, followed by China and the United States. About 90% of the footwear produced in India is consumed by the domestic market and the rest is exported by the country.
    – The aforementioned factors are expected to drive the market growth for leather chemicals in the country.

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    Scope of the Report:

    This report studies the global Leather Chemicals market size, industry status and forecast, competition landscape and growth opportunity.

    Highlighted points of Leather Chemicals Market Report:

    • Varying dynamics of the Leather Chemicals industry.
    • Prospective changes in sales volumes and worldwide share growth in upcoming years
    • Leather Chemicals market report recognizes the key drivers of growth and challenges of the key industry players.
    • Competitors profiles along with product description, overview, and business data.
    • Complete analysis of market risks, opportunities, limitations, and growth of the market.
    • Market driving and restraining factors.
    • Delivers information on the historical and current market size and the future potential of the market.
    • Leather Chemicals market report provides comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of market.

    Key Benefits of this Leather Chemicals Market report:

    • The Leather Chemicals market report provides a comprehensive analysis of the current trends and future estimations in the world mining equipment market to identify the potential investment pockets.
    • The Leather Chemicals market report presents information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
    • Quantitative analysis of the current trends and forecasts to 2024 is provided to showcase the financial competency of the Leather Chemicals market.
    • Porter’s Five Force model of the industry and SWOT analysis illustrate the potency of the buyers & suppliers.
    • Value chain analysis provides a clear understanding of the roles of stakeholders involved.

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    Detailed TOC of Leather Chemicals Market Report:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Growing Footwear and Textile Industries in Asia-Pacific
    4.1.2 Increasing Demand for Automotive Upholstery
    4.2 Restraints
    4.2.1 High Operational Cost
    4.2.2 Growing Environmental Concerns and Stringent Regulations
    4.3 Industry Value-Chain Analysis
    4.4 Porters 5 Forces Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition

    5 MARKET SEGMENTATION
    5.1 Product Type
    5.1.1 Tanning & Dyeing Chemicals
    5.1.2 Beam House Chemicals
    5.1.3 Finishing Chemicals
    5.2 End-user Industry
    5.2.1 Footwear
    5.2.2 Furniture
    5.2.3 Automotive
    5.2.4 Textile & Fashion
    5.2.5 Other End-user Industries
    5.3 Geography
    5.3.1 Asia-Pacific
    5.3.1.1 China
    5.3.1.2 India
    5.3.1.3 Japan
    5.3.1.4 South Korea
    5.3.1.5 Rest of Asia-Pacific
    5.3.2 North America
    5.3.2.1 United States
    5.3.2.2 Canada
    5.3.2.3 Mexico
    5.3.3 Europe
    5.3.3.1 Germany
    5.3.3.2 United Kingdom
    5.3.3.3 Italy
    5.3.3.4 France
    5.3.3.5 Spain
    5.3.3.6 Rest of Europe
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Argentina
    5.3.4.3 Rest of South America
    5.3.5 Middle East & Africa
    5.3.5.1 Saudi Arabia
    5.3.5.2 South Africa
    5.3.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Balmer Lawrie Co. Ltd
    6.4.2 Chemtan Company
    6.4.3 DyStar
    6.4.4 Elementis PLC
    6.4.5 Indofil Industries Ltd
    6.4.6 Lanxess
    6.4.7 Papertex Specialty Chemicals Pvt Ltd
    6.4.8 Schill Seilacher GmbH Co.
    6.4.9 Stahl International BV
    6.4.10 TEXAPEL
    6.4.11 Zschimmer Schwarz Co. KG
    6.4.12 Clariant
    6.4.13 TASA Group International

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Ongoing Research to Develop Bio-based, Eco-friendly Products
    7.2 Other Opportunities

    Contact Us:

    Name: Ajay More

    Phone: +44 20 3239 8187 / +14242530807

    Email: [email protected]

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