Global Inorganic Tanning Materials Market - 2024-2031

Overview

Global Inorganic Tanning Materials Market reached US$ 0.9 billion in 2023 and is expected to reach US$ 1.7 billion by 2031, growing with a CAGR of 6.1% during the forecast period 2024-2031.

The significant rise in demand for high-quality leather is likely to fuel market expansion throughout the forecast period. An increase in R&D expenditure to develop alternative tanning processes is likely to open up new market prospects in the future years. Leather tanning is a raw material and labor-intensive process. Raw materials account for 50 to 70% of production expenses, labour 7 to 15%, chemicals approximately 10% and energy 3%.

Environmental expenditures for EU tanning companies are estimated to be around 5% of their sales. The footwear and garment industries are the most important markets for tanneries' products. The tanning industry has the potential to cause significant pollution. The environmental effects that must be taken into account include not only the load and concentration of traditional pollutants, but also the use of specific chemicals: For example, biocides, surfactants and organic solvents.

In 2022, North America is expected to hold the second-dominant region in the global inorganic tanning materials market covering over 25% of the market. Customers in North America frequently seek products that provide durability, comfort and a luxury appearance. The growing demand for high-end and designer leather goods, like as clothing, accessories and footwear, drives the usage of inorganic tanning materials.

Dynamics

High Adoption in Various Industries

The inorganic tanning method, particularly chromium tanning, is widely used in the leather industry globally. Established habits and infrastructure support the continuous use of inorganic tanning products. The global need for leather items, including footwear, garments, vehicle upholstery and accessories, continues to fuel the need for effective tanning procedures, therefore driving the market for inorganic tanning materials.

Leather tanned with inorganic ingredients is more resilient and resistant to wear, making it ideal for automobile upholstery. The leather's toughness guarantees that interior components last longer, which improves the vehicle's overall quality. The expanding global demand for luxury vehicles has created a greater need for high-quality materials, such as premium leather. Inorganic tanning materials help fulfil the standards expected in the luxury automotive industry.

High Tanning Efficiency and Leather Quality

Inorganic tanning chemicals, particularly chromium salts, are renowned for their great tanning efficiency. It can efficiently tan leather, resulting in desirable properties such as suppleness, flexibility and durability. Inorganic tanning procedures, particularly those utilising chromium, are noted for having shorter tanning times than some other methods. It can help to boost efficiency in leather processing.

The use of inorganic tanning ingredients frequently produces leather with increased quality qualities such as colour stability, microbiological resistance and general performance. In accordance to the Travel Goods Association, retail sales of personal leather items in U.S. surged by more than 80% between 2020 and 2021, rising from US$ 1.9 billion to around US$ 3.4 billion. As a result, the global market for inorganic tanning materials will grow more positively.

Environmental and Regulatory Concerns

The use of certain inorganic tanning treatments, particularly those containing heavy metals like chromium, has caused environmental problems. When excessive amounts of chromium enter the water system, it can cause respiratory issues, infertility and birth deformities. Inhaling the dust formed when chrome-tanned leather is buffed or broken up might cause respiratory difficulties and raise the risk of lung cancer. Stringent environmental restrictions and an increasing emphasis on sustainability limit the use of certain inorganic tanning products.

Regulatory limits influence the formulation and application of specific inorganic tanning chemicals. Some inorganic tanning agents, particularly those containing hazardous components, cause health and safety issues among leather industry workers. Changing consumer choices and a greater awareness of environmental and ethical factors restrict demand for leather products, therefore hurting the market for inorganic tanning materials.

Segment Analysis

The global inorganic tanning materials market is segmented based type, application and region.

Rising Demand from Footwear Drives the Segment Growth

Leather tanning is expected to drive the market demand with a share of about 1/3rd of the global inorganic tanning materials market in 2022. The inorganic tanning materials market's fastest-growing application is leather tanning. Leather tanning is the process of preparing skins and hides in order to manufacture leather. The technique yields a soft, resilient and flexible material.

Leather-tanned products find widespread application in a variety of end-user sectors, including footwear and packaging. In accordance with the Department for Promotion of Industry and Internal Trade (India), leather footwear made up around US$ 1.5 billion of India's leather exports in fiscal year 2021. Its year, total leather exports were roughly US$ 3.7 billion, which supported market expansion during the predicted period.

Geographical Penetration

Growing Personal Care and Footwear Industry in Asia-Pacific

During the forecast period, Asia-Pacific is expected to be the dominant region in global Inorganic Tanning Materials market with over 1/3rd of the market. Tanning chemicals are becoming more popular as the footwear and personal care sectors grow in China, India, Japan and South Korea. Personal care is one of the most rapidly expanding industries in nations such as China and India. For example, India's electronics industry is one of the world's fastest growing.

The domestic electronics manufacturing sector is growing steadily as a result of favourable government policies like 100% foreign direct investment, no need for industrial licences and the technical shift from manual to automatic production methods. According to a Ministry of Economy and business estimate, the country's beauty and personal care business was predicted to exceed over US$ 10 billion by 2021, driving the market's development.

Competitive Landscape

The major global players in the market include PPC Group, Quimser, Stahl Holdings B.V., Sisecam, BASF SE, TFL, LANXESS AG, Ecopell GmbH, DERMACOLOR S.R.L. and Chongqing Changyuan Group Limited.

COVID-19 Impact Analysis

The COVID-19 pandemic is predicted to have a significant impact on globally market growth, particularly in 2020. Many governments do not consider inorganic tanning materials to be essential items. The majority of sectors globally have suffered setbacks in recent months. The pandemic caused severe interruptions to their individual production and supply-chain operations as a result of various preventive lockdowns and other limitations imposed by regulatory agencies globally.

The same applies for the global inorganic tanning materials market. Furthermore, consumer demand has decreased as people are now more focused on cutting non-essential spending from their budgets, while the general economic situation of most people has been unaffected by this outbreak. The reasons are projected to impede the globally inorganic tanning materials market expansion.

Russia-Ukraine War Impact

Several countries rely directly or indirectly on Russia and Ukraine for various commodities, which has had a significant impact on the prices of food, oil, fertilizers, pharmaceuticals and other goods. Russia and Ukraine are the largest suppliers of raw commodities to global markets. Before the war, Ukraine had a vibrant synthetic chemical sector that created thousands of unique molecules.

The chemical industry, which serves practically every industry by sourcing raw materials, processing, refining, desalination and so on, is being seriously hit by supply chain disruptions caused by the Russia-Ukraine war. The leather industry, a large consumer of inorganic tanning ingredients, encountered difficulty due to supply chain interruptions and market uncertainty.

By Type

• Chromium Salts
• Zirconium Salts
• Others

By Application

• Leather Tanning
• Automotive
• Fashion and Accessories
• Furniture
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• In September 2022, Schill+Seilacher GmbH launched SUCCUIR, a revolutionary pre-tannage and tannage system at Lineapelle. The product is based on a triose derived from vegetable oil waste streams.
• In January 2022, Smit & Zoon launched Nera and Zeology, innovative tanning products free of aldehydes, heavy metals and chrome.

Why Purchase the Report?

• To visualize the global inorganic tanning materials market segmentation based on type, application and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of inorganic tanning materials market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global inorganic tanning materials market report would provide approximately 49 tables, 40 figures and 183 pages.

Target Audience 2024

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies