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Global Leather Chemicals Market Size, Trends & Analysis - Forecasts to 2026 By Type of Product (Biocides, Surfactants, Chromium Sulfate, Polyurethane Resins, Sodium Bicarbonate, and Other Products); By Type of Process (Tanning & Dyeing, Beamhouse [Biocides, Surfactants, Sodium Sulfide, Formic Acid, and Others], Finishing); By End User (Footwear, Upholstery, Garments and Leather Goods), By Region (North America, Europe, Asia Pacific, MEA, and CSA); End-User Landscape, Vendor Landscape, and Company Market Share Analysis & Competitor Analysis
Global Leather Chemicals Market Insights
The leather chemicals market will grow exponentially at a CAGR value of 7.5% during the forecast period (2020-2026). Leather chemicals are a set of chemicals used at different stages like tanning & dyeing, Beamhouse, and finishing of the leather production processes. These chemicals are used to improve the texture quality, provide smoothness to the finished products, and make the product suitable for a wide range of applications. Factors such as the rising demand for leather in footwear, apparel, and automotive industries are the key booster for leather chemical market growth. Development in the automobile industry has led to an increase in the production of high-end upholstery leather which is used in luxury cars. This has helped to uplift the global market place. The evolution of fashion, changing apparel trends, and improving lifestyle has opened up the doors for innovation and production techniques which have led to the expansion of the overall market.
Serious threats like toxicity, high water consumption, emission of wastes, and strict regulatory norms are responsible to hamper the leather chemical market. However, various governmental and private agencies are investing in research to bring eco-friendly solutions for leather production as a replacement for chemicals. This substitution is expected to create immense opportunities for key players in the global leather chemical market.
Global Leather Chemicals Market: By Type of Product
Based on the type of product, the market is segmented into chromium sulfate, biocides, sodium bicarbonate, surfactants, polyurethane resins, and other products. Chemicals like chromium sulfate, polyurethane resins, and surfactants are most widely used in leather processing industries and their demand is expected to increase in the forecast year due to properties like texture improvement, color addition, and aesthetic values. Polyurethane Resins are used as raw material and are known to produce an extensive range of products with the expected fastest CAGR in the coming years. Polyurethane Resins are also used to produce synthetic leather having excellent elasticity, high tensile strength, and solvent resistance.
Global Leather Chemicals Market: By Type of Process
Based on the type of process, the market is segmented into tanning & dyeing, Beamhouse, and finishing. Tanning and dyeing is the major stage of leather manufacturing and is expected to achieve the highest revenue in the forecast market. The primary reason is the demand and importance of this stage in the process. Beamhouse is another major step and second-largest revenue generator of 2019.
Global Leather Chemicals Market: By Type of End-User
Based on end-users, the market is segmented into, footwear, upholstery, garments, and leather goods. Footwear is the largest end-user segment and the highest revenue achiever of the 2019 market. Leather is the most widely used component of the footwear industry and leather chemicals are used to provide improved texture, color, and aesthetic view to the finished product. On the other hand, garments, as an end-user segment are the 2nd promising segment for market growth as leather garments, are used primarily in the cold region. This enhances the clothing industry production across the globe and hence adds value to the leather chemical market.
Global Leather Chemicals Market: By Type of Region
The chemical leathering market is bifurcated into North America, MEA, CSA, APAC, and Europe. Asia-Pacific will be the largest revenue producer during this period due to low cost, high raw material availability, and cheap labor. Countries like China, India, and Brazil are turned out to be the fastest-growing market of leather chemicals and are expected to grow more due to the growing automotive, leather goods, and footwear industries in these regions.
Europe is expected to grow leather chemical demand in the forecast period due to a significant increment of footwear, garments, and automotive industries. Government is more focused to bring a sustainable solution for leather processing industries as bio-based chemicals and hence expected to propel the European leather chemical market in coming up years
Global Leather Chemicals Market Share and Competitor Analysis
The key players operating in the market are Lanxess AG, Stahl International B.V., Chemtan Company Inc., Texapel, Indofil Industries Limited, Zschimmer & Schwarz GmbH & Co KG Chemische Fabriken, Bayer AG, Elementis plc, Schill+Seilacher GmbH, Lawrence Industries Limited, Pulcra Chemicals GmbH, Rock Chemie Co.
Please note: This is not an exhaustive list of companies profiled in the report.
In August 2020, Lanxess AG collaborated with Hüni AG, for series production of the Modular X-Biomer which is a recycler plant for leftover shavings of leather from the production process.
In February 2019, Pulcra Chemicals GmbH launched a product FORYL LHN, a premium degreasing agent.
Check the Press Release on Global Leather Chemicals Market Report
Leather Chemicals Market: By Type of Product
Leather Chemicals Market: By End-User
Leather Chemicals Market: By Type of Process
Leather Chemicals Market: By Region
The Global Leather Chemicals Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Global Leather Chemicals Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
![Global Leather Chemicals Market Size, Trends & Analysis - Forecasts to 2026 By Type of Product (Biocides, Surfactants, Chromium Sulfate, Polyurethane Resins, Sodium Bicarbonate, and Other Products); By Type of Process (Tanning & Dyeing, Beamhouse [Biocides, Surfactants, Sodium Sulfide, Formic Acid, and Others], Finishing); By End User (Footwear, Upholstery, Garments and Leather Goods), By Region (North America, Europe, Asia Pacific, MEA, and CSA); End-User Landscape, Vendor Landscape, and Company Market Share Analysis & Competitor Analysis](https://www.globalmarketestimates.com/images/cat/Chemicals & Advanced Material.png)
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