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Leather Chemicals Market 20180Top Key Players - BASF SE, Lanxess, Bayer AG, Clariant, Elementis PLC, Balmer Lawrie & Co. Ltd., Indofil Industries Ltd.

Leather Chemicals Market

Leather Chemicals Market

Leather Chemicals Market is set to witness phenomenal gains over the next few years, subject to the product’s extensive usage for belts, footwear, and garments. Leather chemicals possess characteristics such as weather resistance, smoothness, and an aesthetic appearance – in effect, they are used to provide a finesse to the final product and are used in the manufacturing process of numerous goods for furniture, personal care, etc., thereby impelling leather chemicals market size.

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Leather processing industry is evolving as a major growth avenue for the overall leather market. The rising demand for high quality leather products has led to companies striving to innovate myriad chemicals to enhance finished goods. This will stimulate leather chemicals industry, which was worth USD 6 billion in 2016, is set to cross USD 10 billion, growing at a CAGR of 6% over 2017-2024.

The government has also mandated certain norms for the Personal Protective Equipment Market with regards to worker safety. Since this market comprises safety equipment such as leather gloves and footwear, its development will subsequently transform the dynamics of global leather chemicals market.

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Leather chemicals are used to provide a smooth, glossy finish in many construction applications. On these grounds, the rapid development of the construction sector across the BRIC nations will suitably propel leather chemicals industry growth.

Leather processing can actually prove to be harmful for the environment, as material tanning involves the usage of highly polluting chemicals, such as chromium, sulphides, and pathogens, which may restraint leather chemicals market.

In addition, excessive costs involved in the actual process in various stages such as crusting, tanning, and coating may also pose as a threat to this market. Leading firms are however, trying to eliminate these constraints by means of reducing the high operational costs and using eco-friendly alternatives for leather processing, which will suitably drive the industry trends.

Chapter 5. Leather Chemicals Market, By End-user
5.1. Leather chemicals market share by end-user, 2016 2024
5.2. Footwear
5.2.1. Market estimates and forecasts, 2013 - 2024
5.2.2. Market estimates and forecasts by region, 2013 – 2024
5.3. Furniture
5.3.1. Market estimates and forecasts, 2013 - 2024
5.3.2. Market estimates and forecasts by region, 2013 – 2024
5.4. Automobile
5.4.1. Market estimates and forecasts, 2013 - 2024
5.4.2. Market estimates and forecasts by region, 2013 – 2024
5.5. Garments
5.5.1. Market estimates and forecasts, 2013 - 2024
5.5.2. Market estimates and forecasts by region, 2013 – 2024
5.6. Gloves
5.6.1. Market estimates and forecasts, 2013 - 2024
5.6.2. Market estimates and forecasts by region, 2013 – 2024
5.7. Others
5.7.1. Market estimates and forecasts, 2013 - 2024
5.7.2. Market estimates and forecasts by region, 2013 – 2024

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com
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