Increasing Demand for High-Quality Leather Driving Market Growth
Category: Chemicals & Materials Published Date : Feb-23 ID: CVC-69362 Format: PDF Pages: 275
According to a research survey conducted by ChemView Consulting8, Leather Tanning Chemicals Market is estimated to be worth US$ 8.40 Bn in 2023. The market is expected to grow at a CAGR of 6.60% between 2023 and 2033 to hit US$ 15.93 Bn by 2033 end.
As consumers become more environmentally conscious, there is growing demand for sustainable and eco-friendly products, including leather goods. In response, the leather tanning industry is exploring new chemical processes that use fewer harmful chemicals and reduce water usage. This trend is leading to the development of new types of tanning chemicals that are more eco-friendly and produce leather with a lower environmental footprint.
The use of artificial intelligence (AI) is transforming many industries, and the leather tanning industry is no exception. By using AI-powered sensors and monitoring systems, tanneries can track key variables like temperature, humidity, and chemical levels, and make real-time adjustments to the tanning process. This can result in leather with higher quality and consistency, as well as improved production efficiency and cost savings. Additionally, AI-powered predictive analytics can help tanneries optimize their processes and reduce waste, leading to a more sustainable and profitable industry.
The leather tanning chemicals market is expected to witness significant growth in the coming years due to the increasing demand for leather products such as footwear, bags, and garments. The leather industry is a major contributor to the global economy and is expected to continue growing in the future. The use of leather in luxury goods has increased over the years, and this trend is expected to continue, driving the demand for leather tanning chemicals.
The leather tanning process involves the use of various chemicals such as tanning agents, dyeing agents, and finishing agents. These chemicals play a crucial role in enhancing the quality and durability of leather products. With the increasing demand for high-quality leather products, the demand for leather tanning chemicals is expected to rise, leading to the growth of the market.
The leather tanning chemicals market is witnessing a shift towards eco-friendly and sustainable products due to the growing awareness regarding animal welfare. The use of traditional leather tanning chemicals has been criticized for its adverse impact on the environment and animal welfare. As a result, there is a growing demand for eco-friendly and sustainable leather tanning chemicals.
Eco-friendly leather tanning chemicals are derived from natural sources such as plant extracts, and they are biodegradable and non-toxic. These chemicals are gaining popularity among manufacturers due to their low environmental impact and their ability to produce high-quality leather products. The shift towards eco-friendly leather tanning chemicals is expected to drive the growth of the market, as more manufacturers adopt sustainable practices.
After conducting a thorough analysis of the Leather Tanning Chemicals Market, we have identified the top three trending segments in the industry. These segments are experiencing high demand, strong market growth, and widespread adoption.
Chromium Leather Tanning Chemicals have emerged as the most popular choice in the Leather Tanning Chemicals Market for the Textile and Apparel Industry. Chromium tanned leather is known for its durability, flexibility, and resistance to water, making it ideal for use in footwear, bags, and other apparel items. The high-quality finishing and aesthetic appeal of chromium tanned leather make it the preferred choice for consumers seeking sustainable and high-performance leather solutions in the textile and apparel industry.
Sulphuric Corrosive Leather Tanning Chemicals are the most selling product in the Leather Tanning Chemicals Market for Automotive Accessories. These chemicals are used to create strong and durable leather for car seats, steering wheels, and other interior components. The high-quality and long-lasting nature of sulphuric corrosive tanned leather make it the go-to choice for consumers seeking reliable and effective leather solutions for automotive accessories.
Vegetable Leather Tanning is gaining significant traction in the Leather Tanning Chemicals Market for Furniture. This tanning process involves using natural ingredients such as tree bark and leaves, making it an eco-friendly and sustainable alternative to synthetic tanning chemicals. Vegetable tanned leather is known for its unique natural texture and patina, making it the trending choice for consumers seeking high-quality and unique leather solutions for furniture.
The European leather tanning chemicals market is thriving due to its high demand in fashion applications, including clothing, footwear, and accessories. Italy, France, and the United Kingdom lead the market with their advanced manufacturing capabilities and innovative technologies, making Europe a key player in the global leather tanning chemicals industry.
The leather tanning industry is facing increasing pressure to adopt sustainable and eco-friendly practices, owing to the harmful environmental impacts of traditional tanning methods. As a result, there is a growing demand for sustainable leather tanning chemicals that minimize the environmental impact of leather production.
Governments in the Asia Pacific region are implementing strict regulations on the use of hazardous chemicals in the leather tanning process, which is further driving the demand for sustainable tanning chemicals. Manufacturers in the region are increasingly adopting these chemicals to meet regulatory requirements and improve their environmental footprint, thereby driving the growth of the sustainable leather tanning chemicals market in Asia Pacific.
The North America leather tanning chemicals market is witnessing significant growth, driven by the increasing demand for luxury goods in the region. The growing preference for premium leather products such as shoes, handbags, jackets, and furniture is boosting the demand for leather tanning chemicals in North America. Moreover, the rising per capita income of consumers in the region is fueling the demand for high-quality leather goods, thereby driving the market growth.
In addition, the increasing adoption of advanced tanning technologies that require less water and energy, such as chrome-free tanning, is also driving the demand for leather tanning chemicals in North America. Manufacturers are developing eco-friendly tanning chemicals to cater to the growing demand for sustainable and ethical leather products.
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Research Scope/Taxonomy
Market Analysis by Tanning type:
Market Analysis by Chemical Type:
Market Analysis by Application Type:
Market analysis by region:
Key Companies Profiled
1.1. Global Market Snapshot
1.2. Key Success Factors
1.3. Strategic Analysis and Recommendations
2.1. Market Taxonomy
2.2. Market Definitions
3.1. Preliminary Investigation & Research Design
3.2. Secondary Research & Primary Research
3.3. Data Analysis & Econometric Modelling
3.4. Expert Data Validation
4.1. Supply-Side Trends
4.2. Demand-Side Trends
5.1. Global Market Value (US$ Mn) Analysis, 2017 – 2032
5.2. Incremental $ Opportunity Index, 2022-2032
5.3. Global Market Volume (Tons) Analysis, 2017 – 2032
6.1. Regional Level Pricing Analysis and Forecast
6.1.1. Manufacturers Level Pricing
6.1.2. Distributor Level Pricing
6.2. Global Pricing Analysis Benchmark
6.3. Cost Breakdown Analysis
7.1. Cross Analysis of Chemical Type W.R.T. Product Type
8.1. Regional Supply Vs. Demand Gap Assessment
8.2. Top Producing Countries Analysis
9.1. Macroeconomic Factors
9.2. Forecast Factors
9.3. Market Dynamics
9.3.1. Driver
9.3.2. Restraint
9.3.3. Opportunity
9.4. Supply Chain Analysis
9.4.1. List Raw Material Suppliers
9.4.2. List of Manufacturers
9.4.3. List of Distributors
9.4.4. List of End-Users
9.4.5. End-Users Consumption Analysis
9.4.6. Average Profitability Margin Analysis
9.5. Covid-19 Impact Assessment
9.5.1. Economy/Cluster Projections
9.5.2. Covid-19 Economic Assessment
9.5.3. Impact on Target Market
9.5.4. Recovery Scenario
9.6. Regulatory Framework
9.6.1. Regulations of Key Countries
9.6.2. Potential Impact of Regulations
9.7. Porter’s Five Forces Analysis
9.8. Technology Landscape
10.1. Introduction
10.2. Key Market Trends
10.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Tanning Type [Value (US$ Mn) and Volume (Tons) Analysis]
10.3.1. Vegetable Leather Tanning
10.3.2. Chromium Leather Tanning
10.3.3. Aldehyde Leather Tanning
10.3.4. Others (Heavy Oils, Alum Tanned)
10.4. Market Attractiveness Analysis by Tanning Type
11.1. Introduction
11.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Chemical Type [Value (US$ Mn) and Volume (Tons) Analysis]
11.2.1. Ammonium Chloride Leather Tanning Chemicals
11.2.2. Sulphuric Corrosive Leather Tanning Chemicals
11.2.3. Chromium Sulfate Leather Tanning Chemicals
11.2.4. Chrome Syntans Leather Tanning Chemicals
11.2.5. Resins Leather Tanning Chemicals
11.2.6. Dyes Leather Tanning Chemicals
11.2.7. Acrylic Gums Leather Tanning
11.3. Market Attractiveness Analysis by Chemical Type
12.1. Introduction
12.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Application Type [Value (US$ Mn) and Volume (Tons) Analysis]
12.2.1. Textile and Apparel Industry
12.2.2. Automotive Accessories
12.2.3. Furniture
12.3. Market Attractiveness Analysis by Application Type
13.1. Introduction
13.2. Key Market Trends
13.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
13.3.1. North America
13.3.2. Latin America
13.3.3. Europe
13.3.4. Asia-Pacific
13.3.5. Middle East
13.3.6. Africa
13.4. Market Attractiveness Analysis by Region
14.1. Introduction
14.2. Key Market Trends
14.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
14.3.1. By Country
14.3.1.1. U.S.
14.3.1.2. Canada
14.3.2. By Tanning Type
14.3.3. By Chemical Type
14.3.4. By Application Type
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Tanning Type
14.4.3. By Chemical Type
14.4.4. By Application Type
15.1. Introduction
15.2. Key Market Trends
15.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
15.3.1. By Country
15.3.1.1. Brazil
15.3.1.2. Mexico
15.3.1.3. Rest of Latin America
15.3.2. By Tanning Type
15.3.3. By Chemical Type
15.3.4. By Application Type
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Tanning Type
15.4.3. By Chemical Type
15.4.4. By Application Type
16.1. Introduction
16.2. Key Market Trends
16.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
16.3.1. By Country
16.3.1.1. Germany
16.3.1.2. Italy
16.3.1.3. France
16.3.1.4. UK
16.3.1.5. Spain
16.3.1.6. Netherlands
16.3.1.7. Norway
16.3.1.8. Russia
16.3.1.9. Rest of Europe
16.3.2. By Tanning Type
16.3.3. By Chemical Type
16.3.4. By Application Type
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Tanning Type
16.4.3. By Chemical Type
16.4.4. By Application Type
17.1. Introduction
17.2. Key Market Trends
17.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
17.3.1. By Country
17.3.1.1. China
17.3.1.2. Japan
17.3.1.3. South Korea
17.3.1.4. India
17.3.1.5. Indonesia
17.3.1.6. Thailand
17.3.1.7. Vietnam
17.3.1.8. Australia & New Zealand
17.3.1.9. Rest of Asia-Pacific
17.3.2. By Tanning Type
17.3.3. By Chemical Type
17.3.4. By Application Type
17.4. Market Attractiveness Analysis
17.4.1. By Country
17.4.2. By Tanning Type
17.4.3. By Chemical Type
17.4.4. By Application Type
18.1. Introduction
18.2. Key Market Trends
18.3. Pricing Analysis
18.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
18.4.1. By Country
18.4.1.1. Saudi Arabia
18.4.1.2. Turkey
18.4.1.3. U.A.E.
18.4.1.4. Rest of the Middle East
18.4.2. By Tanning Type
18.4.3. By Chemical Type
18.4.4. By Application Type
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Tanning Type
18.5.3. By Chemical Type
18.5.4. By Application Type
19.1. Introduction
19.2. Key Market Trends
19.3. Pricing Analysis
19.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
19.4.1. By Country
19.4.1.1. South Africa
19.4.1.2. Nigeria
19.4.1.3. Egypt
19.4.1.4. Rest of Africa
19.4.2. By Tanning Type
19.4.3. By Chemical Type
19.4.4. By Application Type
19.5. Market Attractiveness Analysis
19.5.1. By Country
19.5.2. By Tanning Type
19.5.3. By Chemical Type
19.5.4. By Application Type
20.1. Tier Structure Breakdown
20.2. Market Share Analysis
20.3. Production Capacity Analysis
20.4. Company Footprint Analysis
20.4.1. Product Footprint of Players
20.4.2. Regional Footprint of Players
20.4.3. Channel Footprint of Players
20.5. Brand Preference Analysis
20.6. Competition Dashboard
21.1. The Dow Chemicals
21.1.1. Company Overview
21.1.2. Product & Financial Portfolio
21.1.3. Manufacturing Facilities
21.1.4. Recent Developments
21.1.5. SWOT Analysis
21.1.6. Strategy Overview
21.2. TFL LEDERTECHNIK AG
21.3. DyStar Singapore Pte. Ltd.
21.4. Elementis Plc
21.5. LANXESS AG
21.6. Schill & Seilacher GmbH & Co.
21.7. Stahl Holdings BV
21.8. BASF SE
21.9. Bayer AG
21.10. Clariant AG
21.11. Lawrence International
21.12. Zschimmer & Schwarz