Leather chemicals market drivers of growth analyzed in a new research report

1
Leather Chemicals Market industry analysis
research and trends report for 2017-2024
2
Global Market Scenario of Leather Chemicals
Market

• Leather chemicals market is slated to witness an
  exponential growth over the years ahead, owing to
  the increasing demand for leather apparels and
  footwear.
• Leather manufacturers have been using various
  chemicals in the production methods of late, to
  increase the aesthetic look of the product,
  thereby augmenting leather chemicals industry
  growth. Implementation of industrial safety norms
  to avoid fatal injuries at worksites have fueled
  the requirement of leather based safety gloves
  and footwear, which will gradually stimulate the
  industry size.
• According to Global Market Insights, Inc.,
  Leather chemicals market was valued at USD 6
  billion in 2016 and will register a CAGR of more
  than 6 over 2017-2024.

3
Continue.....
Based on the products, leather chemicals market
is mainly divided into finishing chemicals,
beamhouse chemicals, tanning dyeing. Finishing
chemicals market will exhibit an annual growth
rate of above 5 over the coming seven years,
owing to the increasing use of this product to
develop protective coatings, which helps to
enhance the aesthetic appearance of leather.
Leather manufacturers have also been
increasingly giving preference to this product
pertaining to its features such as weather
resistance, smooth surfacing, wear tear
resistance, and prolonged durability. As per
estimates, India and China collectively account
for 40 of the regional contribution in leather
exports in 2016. Asia Pacific leather chemicals
market dominated the regional share in 2016 and
is anticipated to collect significant revenue
over 2017-2024, with China and India being the
prominent contributors of this region.
4
U.S. leather chemicals market size, by end-user,
2013 - 2024 (USD Million)
U.S. leather chemicals market size, by end-user,
2013 - 2024 (USD Million)
5
360 Analysis
Application Analysis The global leather
chemicals market share for footwear led the
overall business in 2016. Increasing footwear
sales across the globe on account of improving
consumer lifestyle dynamics accompanied with
elevating customer spending capacity is the major
factor triggering the global footwear demand in
the recent. Customers owing to their high
spending power trend to use multiple shoes, which
in turn shall promote the overall market size by
2024. Regional Analysis North America leather
chemicals market share accounted for more than
20 of the overall industry volume in 2016. The
regional growth is mainly attributed to
prevalence of massive consumer base for leather
products such as footwear, gloves and jackets.
Leather products mainly footwear and gloves are
majorly used for industrial safety applications
owing to their superior resistance against cut,
abrasion and impact. Thus, due to strict
regulations regarding PPE use across industries
in the U.S. shall complement the market size in
the region. Competitive Market Share Leather
chemicals market share is competitive due to
existence of large, medium and small scale
manufacturing companies across the globe. Key
industry share contributors include BASF SE,
Lanxess, Bayer AG, Clariant, Elementis PLC,
Balmer Lawrie Co. Ltd., Indofil Industries
Ltd., Schill Seilacher GmbH Co.,

6

Latest Research Report On Leather Chemicals
Market _at_ http//bit.ly/2rl8ZOa Request for a
sample of this report _at_ http//bit.ly/2oJm0j3
Request to customize report _at_
http//bit.ly/2eXeVJ5
7
Stay In Touch You can visit us at
www.gminsights.com