Press release
Leather Chemicals Market Trends by Key Players: BASF, Bayer, Clariant, Lanxess, Schill & Seilacher, Lawrence International and Zschimmer & Schwarz
Global Market Insights, Inc.
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Leather Chemicals Market is likely to be characterized by numerous mergers & acquisitions between major industry players. For instance, recently, on the 27th of May 2017, Clariant AG, one of the leading specialty chemicals market giant, and Huntsman Corporation, the American chemical product manufacturer, decided to collaborate and form a combined entity, with stockholders of the former holding 52% of stake in the joint enterprise and those of the latter owning the rest. An increase in the number of strategic moves such as this will stimulate leather chemicals market growth positively. Global Market Insights, Inc., reports that leather chemicals industry, worth USD 6 billion in 2016, is projected to hit a targeted revenue margin of over USD 10 billion by 2024.
Taking into consideration the topographical trends, North America leather chemicals industry, which was estimated at over USD 1 billion in 2016, is expected to expand substantially over 2017-2024. High consumer demand for safety shoes, jackets, and gloves along with strict government legislations mandating the use of protective clothing across the manufacturing sectors will boost the revenue. The U.S. industry is expected to make notable contributions toward the regional share.
Asia Pacific industry, which contributed toward a major portion of the overall leather chemicals market share in 2016, is anticipated to experience a scaling growth over the coming seven years. The surge in the leather production across the countries such as India and China coupled with the escalating popularity of leather items in the region is forecast to boost the market trends. Both China and India, currently hold more than 40% of the global leather exports, together.
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Partial Chapter of the Table of Content
Chapter 3. Leather Chemicals Industry Insights
3.1. Industry segmentation
3.2. Industry growth landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distributor channel analysis
3.4. Industry impact forces
3.4.1. Growth drivers
3.4.1.1. Strong leather demand for production footwear, garments, gloves, etc.
3.4.1.2. Robust leather demand in Asia Pacific
3.4.2. Industry pitfalls challenges
3.4.2.1. High operational cost
3.4.2.2. Strict government regulations
3.5. Growth potential analysis
3.6. Regulatory trends
3.6.1. U.S.
3.6.2. Europe
3.6.3. China
3.7. Porter’s analysis
3.8. Competitive landscape, 2015
3.8.1. Strategy dashboard
3.9. PESTEL analysis
3.10. Regional price trends
3.10.1. Cost structure analysis
3.10.2. Raw material trends
Browse Full Report @ https://www.gminsights.com/industry-analysis/leather-chemicals-market
Global leather chemicals market size was competitive in 2016, as the major industry competitors had presence across multiple stages of the industry ecosystem and are involved in strategic mergers & acquisitions in order to achieve competitive edge in the business. Major industry contributors are BASF, Bayer, Clariant, Lanxess, Schill & Seilacher, Lawrence International and Zschimmer & Schwarz.
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.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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