Press release
Leather Chemicals Market Type, Region, Outlook, Demands, Overview, Future Scope, Growth Rate, Share, Size, Revenue and Competitive Landscape
Delvens published an exclusive report, titled, "Leather Chemicals Market by Type (Tanning & Dyeing Chemicals, Beamhouse Chemicals and Finishing Chemicals), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)". The Global Leather Chemical Market was estimated to be 10086.47 million USD in 2022, and it is estimated to reach 18948.58 million USD with a CAGR of 8.20% in the forecast period 2023-2030.Factors driving the growth of the leather chemicals market include a rise in the use of leather chemicals in end-use sectors like the textile and footwear industries. The use of leather chemicals like syntans, polymers, coloring auxiliaries, and fatliquor has expanded due to more aesthetically pleasing leather footwear and improved leather footwear production. The need for leather chemicals is increasing due to their ability to improve mold resistance, smoothness, and adhesiveness. Due to the increased use of these chemicals for pH neutralization, pH decreases in the re-chroming process, and adhering dyehouse chemicals to leather, other uses of leather chemicals, such as chromium sulphates, formic acid, sodium bicarbonate, and degreasers, are becoming more significant.
Click Here For a Free Sample + Related Graphs of the Report at: https://www.delvens.com/get-free-sample/leather-chemicals-market-trends-forecast-till-2028
The Global Leather Chemical Market includes the leading manufacturers' profiles such as Lanxess AG, Clariant AG, Solvay, Arkema SA, Eastman Chemical Company, Evonik Industries AG, Saudi Basic Industries Corporation, Stahl Holdings B.V., Elementis PLC, and Indofil Industries Limited.
Some of the recent developments are as follows:
LANXESS and TotalEnergies collaborated on the supply of bio-circular styrene in January 2023. The business may provide low-carbon-footprint raw materials and sustainable solutions to its clients by collaborating with TotalEnergies.
October 2022: Chem-MAP is happy to announce that Texapel has received ZDHC Level 3 certification for their leather chemicals. This is the highest level of certification available under the ZDHC Road Map to Zero program.
Leather chemicals are substances used in the tanning and finishing of leather. They are added to the hides and skins of animals to modify their properties, such as improving their strength, flexibility, durability, and water resistance. There are several types of leather chemicals, including:
Tanning agents: They are used to transform raw hides and skins into leather, by stabilizing the collagen fibers and preventing decomposition. Some examples of tanning agents include chrome, vegetable tannins, and aldehydes.
Dyeing and pigmentation agents: They are used to color the leather and create a variety of shades and tones.
Finishing agents: They are used to give the leather a desired appearance and texture, such as adding a glossy or matte finish, or embossing a pattern onto the surface.
Fatliquoring agents: They are used to add softness and flexibility to the leather, by lubricating the fibers and preventing them from becoming brittle.
Preservatives: They are used to prevent bacterial growth and other forms of degradation, such as mold or insect damage, during storage and transportation.
Leather Chemicals Market Segments
Chemical type and end-user are the two market segments for leather chemicals globally. The market is divided into tanning and dyeing chemicals, beam house chemicals, and finishing chemicals based on the type of chemicals used. The market for leather chemicals was dominated by the polyurethane resins product sector, which also had the biggest revenue share. The increased use of polyurethane in the production of leather is to blame for the higher percentage. They are also used to create binders, basecoats, and topcoats, as well as organic solvent-free finish formulations.
It is divided into footwear, furniture, automotive, textile & fashion, and other categories depending on the end user. The application for footwear had the largest revenue share. The rise in demand for leather used to make footwear, which is, in turn, fueling demand for the product in the footwear industry, is blamed for the demand. Among other materials, leather, rubber, plastic, cloth, and metal are among the basic components of footwear. It has many uses, including coloring, tanning, and finishing leather, among others. The crust and filling are strengthened with these compounds as well.
Major and Growing Geographies
Due to the presence of well-established leather tanneries and an increase in the demand for leather footwear, the Asia-Pacific leather chemicals market held the majority of the market share in 2020 and is anticipated to maintain its dominance over the forecast period. Pigskin and pigskin leather are significant raw materials used to make leather goods, and China is the world's leading producer of both. Additionally, the leather sector is expanding quickly in nations like Korea, Vietnam, Indonesia, and Taiwan. Low labour costs and the abundance of medium- and small-sized tanneries are primarily responsible for the rise, which has increased demand for leather chemicals in Asia-Pacific.
The market for leather chemicals is expected to have the second-largest market share in Europe. The consumer appliance, automotive, and footwear industries are all expected to benefit from the expansion. Europe's tanning industry is primarily reliant on exports and raw materials. Due to the increased need for the product in the manufacturing of footwear, furniture, vehicle interiors, and apparel, among other applications, the market for leather chemicals is projected to grow over the coming years. Italy's product market is strong and highly focused since it is expected to drive the country's market expansion. Vegetable tanning is growing in popularity in the area and is probably going to replicate some of the advantages of chromium, which is going to add to the rise in chemicals used in the production of synthetic leather.
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