Global Leather Chemicals Market Segmentation, Opportunities, Industry Players, Growth and Consumption Analysis, Professional Survey Report 2018-2025

This market report defines the market trends and forecast the upcoming opportunities and threats of the leather chemicals market in the next 8 years. Leather chemicals are used in the treatment of animal hides for the production of leather. There is a growing demand of products made from leather such as footwear, gloves, garments, sportswear, others. Out of these footwear is the fastest growing market. According to the article published by the economic times, in the year 2017 India is currently largest market in footwear. It also estimated that there is 20.0% growth in leather market in upcoming five year. Due to this, the global leather chemicals market is anticipated to observe significant rise. Rise in automobile sector is also one of the important end use for the growth of leather chemicals market. According to the article published by Indian independent and professional investment information and credit rating agency (ICRA), there is increased in sales in automobile sector in the year 2016. It’s estimated that auto component industry is expected to grow 10% in the upcoming year. Due to the growth of auto component industry, this will directly affect the demand of leather chemical. According to the article published by Society of Indian Automobile Manufactures, in the year 2017 the total number of vehicles produced by the industry is 25,316,044 which include passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle. The increase use of automobile around the globe will push the demand for leather chemicals in the future.

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Report Analysis:

Global Leather Chemicals Market is expected to reach USD 12289.3 million by 2025, from USD 6890.60 million in 2017, growing at a CAGR of 4.8% during the forecast period of 2018 to 2028. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Major Market Competitors/Players:

• emulsions BASF SE
• The Dow Chemical Company
• Eastman Chemical Company
• Arkema S.A
• Ashland Inc
• Celanese Corporation
• Evonik
• INEOS
• OMNOVA Solutions Inc
• Shell
• Solvay
• Permaset Aqua
• Rishi Chemical
• Rohan Organics Pvt. Ltd.
• LANXESS
• Spectrum Chemical Manufacturing Corp.
• PBR
• Sellam Chemicals Pvt Ltd
• Among others.

Competitive Analysis:

The global leather chemicals market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of leather chemicals market for global, Europe, North America, Asia Pacific and South America.

Major Market Drivers and Restraints:

• Growing demand for premium quality leather
• Abundance of raw materials.
• Increasing operational costs
• Stringent environmental regulatory policies

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Market Segmentation:

The global leather chemicals market is segmented based on product, end user, and geographical segments.

Based on product:

• Tanning & Dyeing
• Beamhouse Chemicals
• Finishing Chemicals
• Others

On the basis of end user:

• Footwear
• Furniture
• Automobile
• Garments
• Gloves
• Others.

Based on geography, the global leather chemicals market report covers data points for 28 countries across multiple geographies namely,

• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa

Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.

This Report Consists of:

• No of pages: 350
• No of Figures: 60
• No of Tables: 220

Frequently Asked Questions:

• What will the market size be in 2025?
• What are the key factors driving the global market?
• What are the challenges to market growth?
• Who are the key players in the market?
• What are the market opportunities and threats faced by the key players?
• What will be the growth rate in 2025?
• Which strategies are used by top players in the Global Leather Chemicals Market?

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This release was published on openPR.