Leather Chemical Market Report: Trends, Forecast and Competitive Analysis to 2030

Leather Chemical Trends and Forecast

The future of the global leather chemical market looks promising with opportunities in the footwear, furniture, automotive, and textile & fashion markets. The global leather chemical market is expected to reach an estimated $12.7 billion by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are growing demand for high-quality luxury leather items, rising preference for bio-based green leather chemical, and significant adoption of leather in the automotive sector.

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Leather Chemical by Segment

The study includes a forecast for the global leather chemical by product, end use industry, and region.

Leather Chemical Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Tanning And Dyeing Chemicals
• Beam House Chemicals
• Finishing Chemicals

Leather Chemical Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Footwear
• Furniture
• Automotive
• Textile & Fashion
• Others

Leather Chemical Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Leather Chemical Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies leather chemical companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the leather chemical companies profiled in this report include-

• Balmer Lawrie
• Chemtan Company
• Clariant
• DyStar
• Elementis

Leather Chemical Market Insights

Lucintel forecasts that tanning and dyeing chemical is expected to witness the highest growth over the forecast period.

Within this market, footwear is expected to witness the highest growth over the forecast period.

APAC is expected to witness highest growth over the forecast period.

Features of the Global Leather Chemical Market

Market Size Estimates: Leather chemical market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Leather chemical market size by product, end use industry, and region in terms of value ($B).

Regional Analysis: Leather chemical market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, end use industries, and regions for the leather chemical market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the leather chemical market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the leather chemical market size?

Answer: The global leather chemical market is expected to reach an estimated $12.7 billion by 2030.

Q2. What is the growth forecast for leather chemical market?

Answer: The global leather chemical market is expected to grow with a CAGR of 6.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the leather chemical market?

Answer: The major drivers for this market are growing demand for high-quality luxury leather items, rising preference for bio-based green leather chemical, and significant adoption of leather in the automotive sector.

Q4. What are the major segments for leather chemical market?

Answer: The future of the leather chemical market looks promising with opportunities in the footwear, furniture, automotive, and textile & fashion markets.

Q5. Who are the key leather chemical market companies?

Answer: Some of the key leather chemical companies are as follows:

• Balmer Lawrie
• Chemtan Company
• Clariant
• DyStar
• Elementis

Q6. Which leather chemical market segment will be the largest in future?

Answer: Lucintel forecasts that tanning and dyeing chemical is expected to witness the highest growth over the forecast period.

Q7. In leather chemical market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the leather chemical market by product (tanning and dyeing chemicals, beam house chemicals, and finishing chemicals), end use industry (footwear, furniture, automotive, textile & fashion, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?