All about the Leather Chemical Market

1 min read

Leather Chemical Market

 1. Increasing Demand from Automotive Upholstery to Drive the Market

Automotive is one of the major sectors, where the demand for leather chemicals has been on the rise. This is particularly due to their requirement in the seat covers of the vehicles. These chemicals are used to stabilize rawhide and prevent further decay and foul odor. The increasing demand for automotive vehicles in the Asia-Pacific region has significantly translated into the growing demand for coating agents in the automotive industry. As the growth continues, the production of automotive vehicles is expected to drive the global leather chemical market in the near future.

Automtoive Leather Production  2. China to Lead the Leather Chemical Market

China is the largest automotive market in the world. The automotive industry in China is mainly driven by the domestic demand. The footwear industry in China enjoys its status of being the largest producer and consumer of footwear in the world, partly due to the largest market size and also due to the rising standard of living in the country. Additionally, the textile industry in the country has witnessed an increase in the demand for leather, owing to rapid population expansion. The demand for leather from the textile industry is expected to increase further. Therefore, considering the aforementioned factors, the demand for leather chemicals is expected to increase significantly in China during the forecast period.

 3. Footwear: One of the Largest End Users

The use of leather chemicals on the leather for footwear application imparts dimensional stability and tolerance to heat and mechanical action. These chemicals are primarily used in shoemaking. Increasing sports-related activity has significantly boosted the market for leather chemicals, globally. Since 2007, sales of athletic wear has increased by 61%, globally. Further growth is expected in this end-user segment in the years to come. Furthermore, leading footwear brands have been heavily investing in R&D in the recent years. Such factors are expected to help reinvent footwear manufacturing, which, in turn, is expected to boost the market for leather chemicals. This segment is expected to grow during the forecast period.

Speak to our Research Analyst know more about the market segmentation, each key player, and its competition

4. Leading Companies

The report also examines the role of the leading market players involved in the industry. Some of the key players listed in the study are:

Balmer Lawrie Co. Ltd

Chemtan Company

DyStar

Elementis PLC

Indofil Industries Ltd

Lanxess

Lawrence International

Schill Seilacher GmbH Co.

Stahl International BV

TASA Group International

TEXAPEL

Zschimmer Schwarz Co KG

 

Get the full report to know more about the Leather Chemicals Market (2018 – 2023)

Mordor Intelligence is a market intelligence and advisory firm, operating in 14 industry segments, serving over 600 clients across the world.

Naveen Mareedu
Naveen Mareedu Naveen is a Research Associate with Mordor Intelligence with capabilities in primary and secondary research and analysis. He is a chemical enthusiast, graduated from UPES Dehradun in Chemical Engineering. He is responsible for domains, such as Paints & Coatings, lubricants, and other segments. He has worked on various assignments involving B2B value chain analysis, market share analysis, competitive landscape, Porter's five forces analysis, market sizing, go to market strategies and feasibility analysis.
Naveen Mareedu Naveen is a Research Associate with Mordor Intelligence with capabilities in primary and secondary research and analysis. He is a chemical enthusiast, graduated from UPES Dehradun in Chemical Engineering. He is responsible for domains, such as Paints & Coatings, lubricants, and other segments. He has worked on various assignments involving B2B value chain analysis, market share analysis, competitive landscape, Porter's five forces analysis, market sizing, go to market strategies and feasibility analysis.  

Enter your details..


Name error message


Email error message


Phone error message

Textarea error message