Press release
Leather Chemicals Market Soaring at 6% CAGR During the Period 2017-2024
Improving consumer lifestyle dynamics and spending pattern has been stimulating the leather chemicals market size for its widespread applications in products such as belts, jackets and shoes. For instance, the overall shoes production in 2007 was roughly more than 15 billion pairs.
Leather Chemicals Market size is poised to surpass USD 10 billion by 2024; as per new research report.
Request a sample copy of Leather Chemicals Market Research Report @ https://www.marketstudyreport.com/request-a-sample/312373/?utm_source=opr-SK
Elevation construction spending, particularly in the BRIC countries will boost the global leathers chemicals market size by 2024. Leather chemical usage is prominent for the construction business owing to superior leather quality (fine finish, smoothness and gloss) demand. In addition, leather is an essential equipment used in personal protective equipment (PPE) including gloves and shoes. Thus, elevating PPE demand across the globe due to government initiate in order to ensure worker safety will complement the overall leather chemicals market size by 2024.
Highly polluting chemicals in the form of wastewater, sludge, unused chemicals, leached proteins and skin byproducts and high capital involved in leather processing across different stages (tanning, crusting and surface coating) may obstruct the leather chemicals market size by 2024.
In 2016, tanning & dyeing leather chemicals market size was more than USD 2 billion. These include chemicals essentially required in the early stages of leather processing. It includes low sulphide unhairing agents, aldehyde tanning agents, chromium sulphate, fungicides and formic acid. They play a vital role in the business. For example, formic acid lowers the pH value of skin and fungicides helps in preventing fungal growth in skin/hide.
Finishing leather chemicals market size will experience growth over 5% over the forecast timeframe. It plays a crucial in the industry by enhancing the features (smoothness, durability, weather resistant, wear & tear resistance) of leather products.
Enquire about this report @ https://www.marketstudyreport.com/enquiry-before-buying/312373/?utm_source=opr-SK
Global leather chemicals market share for footwear accounted for more than half of the industry volume in 2016. Escalating global footwear sales primarily due to upgrading consumer lifestyle along with increasing customer spending power over the past few years is analyzed to be the major factor propelling business growth. Leather chemical market size for automotive shall observe growth close to 5% by 2024. The growth in the segment will be particularly due to rising leather demand for interiors (dashboard, seat covers, etc.) in personal cars.
In 2016, North America leather chemicals market size was more than USD 1 billion. The regional growth was mainly due to favoring regulations towards PPE use in manufacturing industries. Furthermore, massive customer base for leather shoes and gloves in the region will complement business growth by 2024.
In 2016, Asia Pacific leather chemicals market share accounted for a major industry chunk. This massive regional industry size is mainly due to robust leather production in China and India. For instance, India and China holds over 40% of the global leather export.
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.
Related Reports: -
Global Leather Chemicals Market Research Report 2017
In this report, the global Leather Chemicals market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geo...
https://www.marketstudyreport.com/reports/global-leather-chemicals-market-research-report-2017/?utm_source=RR-SK
About Us:
Centralize market research purchases across your entire organization in one place. Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Market Study Report
The Green Suite #4594,
Dover, DE 191021
United States
Phone: 1-201-355-0868
US Toll Free: 1-866-764-2102
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
News: https://www.marketstudyreport.com/category/news-releases/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Leather Chemicals Market Soaring at 6% CAGR During the Period 2017-2024 here
News-ID: 950525 • Views: …
More Releases from marketstudyreport.com
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders.
Load Bank Market Size was estimated…
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of…
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028.
The operation is done to stop ligament tears and…
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting…
More Releases for Leather
Nappa Leather Market Latest Trends and Future Growth Study by 2030 | ECCO Leathe …
The market research study labeled 'Nappa Leather market' gives a competent and in-depth evaluation of the current and potential market, as well as a study of product specification, display pattern, product type, and innovation research, taking into account central points, like facts and figures, income generated, piece of the overall industry and growth rate for each kind and application, Net Income, and key figures. Moreover, it provides an in-depth analysis…
Synthetic Leather (Artificial Leather) Market Leading Trends 2019 | Alfatex, Amw …
Global Synthetic Leather (Artificial Leather) Market Research Report 2019-2025 provides the data of the market categorized by end-user sections, product sections, sales channels, regions, and import/export dynamics. The report offers a common platform with multiple opportunities to many firms, associations, industries, and other products and services providers. The report covers details about market size & forecast, growth drivers, emerging trends, market opportunities, and investment risks in over various segments in…
Global Synthetic Leather (Artificial Leather) Market Growth 2019-2024
Market Research Report Store offers a latest published report on Synthetic Leather (Artificial Leather) Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Synthetic Leather (Artificial Leather) market will register a 3.7% CAGR in terms of revenue, the global market size will reach US$ 6335.1 million by 2024, from US$ 5484.1…
Study Report Natural Leather Market by Revenue Forecast, Sales Volume and Geogra …
The global Natural Leather market will reach xxx Million USD in 2019 and CAGR xx% 2019-2024. Report covers Natural Leather Market manufacturers data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better.
Get Sample Papers on Natural Leather Market with Pages 78, Company Profiles 12 and Top Trends Report Now at http://www.rnrmarketresearch.com/contacts/request-sample?rname=2106817 .
Report covers forecast and analysis for Natural…
Global Leather Market 2018 Key Players: Garrett Leather, Winter Company, Buckski …
Leather Market:
WiseGuyReports.com adds “Leather Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting 2025” reports tits database.
Executive Summary
This report researches the worldwide Leather market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Leather breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends,…
Leather Market touching new levels - Demand, Rising Trends & Analysis by Top Pla …
HTF MI recently introduced Global Leather Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2025. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Winter Company, Garrett Leather, Buckskin Leather Company, Jinjiang Guotal Leather, ANTIC CUIR,…
