Global Leather Chemicals (Tanning & Dyeing Chemicals, Beamhouse Chemicals and Finishing Chemicals) Market - Trends & Forecasts to 2019

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Oct 31, 2014, 10:06 ET

DUBLIN, Oct. 31, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Leather Chemicals Market by Type and by Region - Trends & Forecasts to 2019" report to their offering.

The leather chemicals market is projected to reach $7,963 million at a CAGR of 7.64% by 2019. Leather chemicals are used at different stages of leather production. The process starts with beamhouse operations, followed by tanning operations. The tanning process can be done by using two methods; vegetable tanning and chrome tanning. The vegetable tanned hides & skins are flexible and are mostly used in furniture.

Some chemicals used in the leather manufacturing process such as chromium, are considered as hazardous and are therefore banned in certain regions (such as Europe). The regulatory policies set by REACH (Registration, Evaluation, Authorization and Restriction of Chemical substances), on the use of certain chemicals in tanneries has hampered the consumption of leather chemicals.

Countries like China, India, Brazil and Mexico have emerged as leading destinations, driving the demand for leather chemicals. The market in developing nations is dominated by tanning & dyeing chemicals. The market in China and India are one of the fastest-growing leather chemicals markets. Rapidly growing footwear, automotive leather apparel and leather goods industries are driving the growth of leather chemicals.

The finishing chemicals are specialty chemicals that are consumed at large scale in Europe. Italy is the major market for leather chemicals and is projected to grow with the highest CAGR between 2014 and 2019. The leather goods industry along with apparels industry is driving the growth in Italian leather chemicals market.

The global market for leather chemicals is witnessing high growth due to the growing demand for premium quality leather. The Asia-Pacific region dominated the market in 2013, globally. Asia-Pacific is projected to show the highest growth rate of 8.46% between 2014 and 2019, in terms of value for the market.

The major types in the market are tanning & dyeing chemicals, beamhouse chemicals and finishing chemicals. The market size in terms of volume was highest for tanning & dyeing chemicals in 2013 and is projected to continue the trend by 2019.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Market, By Type

8 Regional Analysis

9 Competitive Landscape

10 Company Profiles

11 Appendix

Companies Mentioned: