The Leather Chemicals Market size is projected to reach a CAGR of 8.2% from 2022 to 2028.
The manufacturing of leather involves multiple chemicals and processing. The first process is beamhouse process, which includes cleansing chemicals and degreasing agents which is followed by leather tanning, which consumes tanning & dyeing chemicals such as synthetic tanning agents, fat liquors and dyes. This step ensures the integration of the physical properties of leather and also helps in maintaining its softness and weather resistance.
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The final stage of leather processing is leather finishing, which requires finishing chemicals to convert crust of leather into the final leather. Raised demand from the footwear industry are some of the factors that have supported long-term expansion for Leather Chemicals Market.
Recent Developments
In 2021, Arkema announces its proposal of acquiring Permoseal.
Prominent Players
- Arkema S.A.
- Clariant AG
- EASTMAN CHEMICAL COMPANY
- Elementis PLC
- Evonik Industries AG
- Indofil Industries Limited
- Lanxess AG
- Saudi Basic Industries Corporation (SABIC)
- Solvay
- Stahl Holdings B.V.
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Asia Pacific to Dominate the Market
Asia Pacific is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the surged demand from footwear industry.
Leather Chemicals Market Segmentation:
On the basis of Type
· Tanning & Dyeing Chemicals
· Beamhouse Chemicals
· Finishing Chemicals
Based on region:
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
The Report helps to identify the opportunities in Global Regions:
· North America (the United States, Canada, and Mexico)
· Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
· Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
· South America (Brazil etc.)
· The Middle East and Africa (North Africa and GCC Countries)
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- In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
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