Introduction

Global Leather Chemicals Market

The global leather chemicals market hit a major mark in the year 2017, with the market being valued at $6.52 billion. The industry is marked by the consumption of leather and leather products. Leather goes through an intensive chemical treatment to make it durable and gives it an enriching look. The rise in the adoption of leather products has forced manufacturers to come up with innovative products. This, in turn, has helped the leather chemicals industry grow by leap and bound.

The leather-based products find their application in several products. From shoes to car seat covers, the industry finds its application in every major industry. The rapid globalization, coupled with the rise in disposable income, has helped the industry grow at an astounding rate. On the other hand, leather chemicals are used as biocides and surfactants, which in turn has given a huge push to the industry. Chemical companies all across the globe have been working on solutions that can bring down the manufacturing cost while retaining the quality of the products.

The leather chemicals industry employs thousands of employees all across the globe. But despite the benefits, the industry is viewed with skeptic’s eyes. Leather is obtained from animals that have led slaughtering of animals all across the globe. The constant protest from animal rights activists and the vegans have slowed down the consumption. On the other hand, the emergence of artificial leather has been affecting the growth prospects of the industry. The stringent government rules have further narrowed down the growth as the industry continues to see high demands from all across the globe.

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Segmentation

The global leather chemicals industry is characterized by several factors. Each factor plays an integral role and allows individuals to look through different lenses. Only then, an individual can have a clear, unbiased picture of the entire industry. Two major factors that play quite a crucial role are the product type and the application. Based on the product type, the industry is segmented into tanning and dyeing, beam housing, finishing, and a few other factors. On the other hand, based on the application, the leather chemicals industry is segmented into textiles, footwear, and automobiles industry. Each segmentation plays a crucial role and has a deep impact on the industry.

Regional Overview

The leather chemicals industry is characterized by several factors and has a global presence. The Asia Pacific region serves as the biggest market, with India and China leading the race. Europe comes next, followed by the United States. The rise in consumption of rich leather products in automobiles, textiles, and footwear has been the major promoting factor. The industry is poised to grow in the next few years and is known for its diverse range of industries it serves. By the year 2025, the leather chemicals industry is expected to cross a significant high.

Industry News

In recent news, Dainese U.S. tour to make customize leather jackets. This the eighth time, the company is expected to make a tour. The organisation will work with the preferred outlets and would provide customized leather jackets only from the selected stores only. The jackets will be tailored according to the individual needs and preferences and can include logos, pictures, and others.

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