Leather Dyes Market Key Profile - Lanxess AG, BASF SE, Clariant International Ltd., Colorex Chemical Co., Inc., Dow Chemical Company, Kolor Jet Chemical Pvt

Synopsis of Leather Dyes Market
Commenting on this report, an analyst from Market Research Future (MRFR)’s team said, “Global Leather Dyes Market size is expected to grow at ~5.0 % CAGR by 2023. The market witnessed a significant growth over the forecasted period owing to growing applications such as into natural and synthetic leather across various industries. Observing the growth of leather industry it can be anticipated that dyes for leather industry has a very promising future.
The major driving factors of leather dyes market are growing demand from leather industries such as automotive interior, furniture, apparels, and others. In addition, the increasing demand of the synthetic leather is expected to fuel market growth of leather dyes in near future.

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Key Players
• Lanxess AG (Germany),
• BASF SE (Germany),
• Clariant International Ltd. (Switzerland),
• Colorex Chemical Co., Inc. (US),
• The Dow Chemical Company (US),
• Krishna Industries (India),
• Kolor Jet Chemical Pvt. Ltd. (India),
• J. K. Colors (India),
• Prima Chemicals (India),
• Synthesia, a.s (Europe),
• Others.

Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Leather Dyes Market Research Report- Forecast to 2023”

By geography, the global leather dye market, has been segmented into North America, Europe, APAC, Middle East, and South Africa region. In the global leather dye market, Asia Pacific is expected to witness relatively faster growth as compared with other regions.

In Asia Pacific region, application of leather dye in natural and synthetic leather add the faster share growth including the countries such as China, Japan, Bangladesh, Indonesia, and India. Furthermore, many leather dye industry are coming up in the region adding to the growth of the segment. The rising disposable income and changing lifestyles are making huge market for apparels and footwear of leathers. Therefore, the global synthetic leather market is gaining major growth. Particularly, it is used for the manufacturing of bags, automotive, footwear, clothing, household furnishings, and others. However, the rising concerns about animal safety are persuasive governments to make stringent regulations regarding the use of leather and other animal products. This can be hamper the natural leather dye market. The presence of a large number of key players along with the rapid industrial innovations in the leather dye industry is providing a significant improvement to the growth of the region.

Furthermore, in Europe region, holds second position of global leather dye market due to rising demand of synthetic leather industry, including the countries U.K., Nordic countries, Italy, France, Spain, Germany, Belgium, Netherlands, and Luxembourg. In Europe region the most important outlets for Europe leather dyes production are footwear (40%), leather goods (20%), furniture (18%), automotive industry (12%), clothes (7%), and other (3%).

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