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Leather Chemicals - Global Market Trajectory & Analytics

  • ID: 1382322
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Elementis plc
  • LANXESS AG
  • Stahl Holdings BV
  • TFL Ledertechnik GmbH
Global Leather Chemicals Market to Reach $8.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Leather Chemicals estimated at US$6.6 Billion in the year 2020, is projected to reach a revised size of US$8.3 Billion by 2027, growing at a CAGR of 3.3% over the analysis period 2020-2027. Tanning & Dyeing, one of the segments analyzed in the report, is projected to record a 3.8% CAGR and reach US$3.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Beamhouse segment is readjusted to a revised 3.1% CAGR for the next 7-year period.





The U.S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 6.1% CAGR

The Leather Chemicals market in the U.S. is estimated at US$1.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2027 trailing a CAGR of 6.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 2.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR.

Finishing Segment to Record 2.6% CAGR

In the global Finishing segment, USA, Canada, Japan, China and Europe will drive the 2.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$981.4 Million in the year 2020 will reach a projected size of US$1.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.1 Billion by the year 2027, while Latin America will expand at a 3.4% CAGR through the analysis period.

Select Competitors (Total 111 Featured):
  • DyStar Singapore Pte. Ltd.
  • Elementis plc
  • LANXESS AG
  • Stahl Holdings BV
  • TFL Ledertechnik GmbH
  • Zschimmer & Schwarz GmbH & Co. KG
Frequently Asked Questions about the Global Market for Leather Chemicals

What is the estimated value of the Global Market for Leather Chemicals?

The Global Market for Leather Chemicals was estimated to be valued at $6.6 Billion in 2020.

What is the growth rate of the Global Market for Leather Chemicals?

The growth rate of the Global Market for Leather Chemicals is 3.3%, with an estimated value of $8.3 Billion by 2027.

What is the forecasted size of the Global Market for Leather Chemicals?

The Global Market for Leather Chemicals is estimated to be worth $8.3 Billion by 2027.

Who are the key companies in the Global Market for Leather Chemicals?

Key companies in the Global Market for Leather Chemicals include DyStar Singapore Pte. Ltd., Elementis plc, LANXESS AG, Stahl Holdings BV and Zschimmer & Schwarz GmbH & Co. KG.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Elementis plc
  • LANXESS AG
  • Stahl Holdings BV
  • TFL Ledertechnik GmbH

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Leather Chemicals - An Industry Driven by Raw Material Supply and Leather Trends
  • Recent Market Activity
  • Market Analysis by Region
  • Market Analysis by Segment
  • Beam-House Chemicals Remain a Small But Niche Segment
  • Tanning & Dyeing Chemicals: Largest Category
  • Finishing Chemicals Exhibit Fastest Growth
  • New & Improved Formulations Accelerate Market Momentum
  • Low Pricing Volatility & Wider Availability of Raw Hides & Skins Augurs Well
  • STable Economic Scenario to Further Improve Growth Prospects
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Intensified Demand for Leather Apparel & Accessories Enhances Market Prospects
  • Luxury Goods Drive Leather Sales
  • Rising Production of Leather Footwear Signals Market Gains
  • STable Automobile Production Fuels Growth Opportunities
  • Changing Consumer Preference Inspires Innovation in Automotive Leather
  • Product Innovations Bolster Opportunities
  • Environmental-Regulations Influence Innovations
  • Focus on Creative Finishing for C and D Grades
  • Chrome-Tanning Sustains Dominance
  • Chrome-free Leather Drives Research
  • Emerging Tanning Techniques
  • Green Chemistry to Lead Innovation
  • Chrome-free Trend Inspires Innovation in Dyes
  • Solvent-free Organic Finishes to Offer New Growth Avenues
  • Enzyme-Based Chemicals - Key to the Future
  • Issues & Challenges
  • Eco- Leather - A Potential Threat to Leather Chemicals
  • Preference for Synthetic Leather Causes Unease
  • Environmental Regulations - A Challenge
  • A Note on ZDHC Programme and Compliance in Leather Chemicals Space

4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 111
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • DyStar Singapore Pte. Ltd.
  • Elementis plc
  • LANXESS AG
  • Stahl Holdings BV
  • TFL Ledertechnik GmbH
  • Zschimmer & Schwarz GmbH & Co. KG
Note: Product cover images may vary from those shown