Press release
Leather Chemicals Market Is Predicted To Witness Growth Exponentially By 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Leather Chemical Global Market Report 2023 identifies increased demand for premium products is expected to propel the leather chemicals market. The growing economy and purchasing power of consumers have increased the demand for high-end premium products. Premium products include high-end leather for footwear, apparel, and automotive products, which use leather chemicals for tanning, dyeing, and retaining across various stages of the leather production process. This demand for high-end premium products led to an increase in demand for the production of leather chemicals.
The global leather chemical market size is expected to grow from $8.39 billion in 2022 to $9.04 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The leather chemicals market is expected to reach $11.35 billion in 2027 at a compound annual growth rate (CAGR) of 5.9%.
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Major competitors in the leather chemical market are Stahl Holdings B.V., Clariant AG, TFL Ledertechnik GmbH, Pidilite Industries Limited, Balmer Lawrie & Co. Ltd., Schill+Seilacher GmbH, Elementis PLC, Lanxess AG, DyStar Singapore Pte Ltd., BASF SE, Indofil Industries Ltd., Texapel S.L, Solvay S.A, Chemtan Company Inc., Eastman Chemical Company, Buckman Laboratories International Inc., SilvaTeam s.p.A, Quimser SA, and Pon Pure Chemicals Group.
Technological advancement is a key trend in the leather chemicals market. Over the past several decades, the advanced chemicals and solutions industry has played a critical role in industrial development. Major companies operating in the leather chemicals sector are focused on developing new bio-based leather chemical solutions to sustain themselves in the market.
Read More On The Global Leather Chemical Market Report Here:
https://www.thebusinessresearchcompany.com/report/leather-chemicals-global-market-report
The leather chemical market is segmented -
• By Product: Biocides, Surfactants, Chromium Sulfate, Polyurethane Resins, Sodium Bicarbonate
• By Process: Tanning and Dyeing, Beamhouse, Finishing Chemicals
• By Application: Footwear, Upholstery, Leather Goods, Garments
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the leather chemical market.
The Business Research Company's "Global Leather Chemical Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Leather Chemical Market Include:
1. Leather Chemical Market Executive Summary
2. Leather Chemical Market Segments
3. Leather Chemical Market Size And Leather Chemical Market Growth Rate
4. Key Leather Chemical Market Trends
5. Major Leather Chemical Market Drivers
……
25. Key Mergers And Acquisitions In The Leather Chemical Market
26. Top Leather Chemical Companies
27. Leather Chemical Market Opportunities And Strategies
28. Leather Chemical Market, Conclusions And Recommendations
29. Appendix
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