According to a research report published by Spherical Insights & Consulting, the Global Leather Chemicals Market Size Expected to Grow from USD 9.49 Billion in 2023 to USD 17.37 Billion by 2033, at a CAGR of 6.23% during the forecast period 2023-2033.

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Leather chemicals are the chemicals that improve the quality and efficiency of leather products. They are used in pre-tanning, tanning, and finishing stages, and are crucial in the automotive industry. The growing demand for superior leather interiors in emerging nations like China is driving market growth. The Indian economy, which accounts for 13% of the world’s total leather production and is the second-largest manufacturer of leather footwear, supports leather chemical and supplementary industries. Government schemes like the integrated development of the leather sector also contribute to market growth. The leather chemicals market is expected to grow due to rising demand for leather products, evolving refining technologies, and the rise in automotive fabric, footwear, and textile trades, driven by increasing discretionary income. However, the market growth may be hindered by the potential environmental and health risks associated with leather chemicals.

Browse key industry insights spread across 230 pages with 150 Market data tables and figures & charts from the report on the Global Leather Chemicals Market Size, Share, and COVID-19 Impact Analysis, By Type (Tanning and Dyeing Chemicals, Beam House Chemicals, and Finishing Chemicals), By Product (Biocides, Surfactants, Chromium Sulfate, Polyurethane Resins, and Sodium Bicarbonate), By End-User (Footwear, Furniture, Automotive, and Textile), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

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The tanning and dyeing chemicals segment is predicted to hold the largest share of the global leather chemicals market throughout the projected timeframe.

Based on the type, the global leather chemicals market is categorized as tanning and dyeing chemicals, beam house chemicals, and finishing chemicals. Among these, the tanning and dyeing chemicals segment is predicted to hold the largest share of the global leather chemicals market throughout the projected timeframe. Tanning chemicals enhance leather’s resistance to disintegration and improve its physical properties. Dyeing chemicals provide desirable colors and finishes, suitable for automotive, footwear, fashion, and furniture. Increased demand for quality leads to improved chemical formulations.

The polyurethane resins segment is expected to hold the biggest share of the global leather chemicals market throughout the projected timeframe.

Based on the product, the global leather chemicals market is categorized as biocides, surfactants, chromium sulfate, polyurethane resins, and sodium bicarbonate. Among these, the polyurethane resins segment is expected to hold the biggest share of the global leather chemicals throughout the projected timeframe. Polyurethane resins are common plastics in leather manufacturing, used as bonding agents, retention and finishing agents, and coating materials due to their similarity to collagen and their flexibility and adhesive durability.

The footwear segment is expected to hold the greatest share of the global leather chemicals market during the projected timeframe.       

Based on the end-use, the global market is categorized as footwear, furniture, automotive, and textile. Among these, the footwear segment is expected to hold the greatest share of the global leather chemicals market during the projected timeframe. The increasing demand for leather footwear, driven by financial resources, fashion trends, and outdoor events, is increasing the need for leather chemicals to enhance aesthetics and durability.

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Asia Pacific is predicted to hold the largest share of the global leather chemicals market throughout the projected timeframe.

Asia Pacific is projected to hold the largest share of the global market throughout the projected timeframe. The market expansion of leather products, driven by significant producers and exporters, growing automotive and furniture sectors, urbanization, and financial resources, is fueled by increased demand for high-quality leather chemicals.

Europe is anticipated to grow at the fastest CAGR growth of the global market throughout the projected timeframe. In Italy, high demand for leather products is facilitated by robust global market links, improved R&D efforts, and the arrival of raw materials, positively impacting the leather chemicals market in Europe.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

Major vendors in the global market are Lanxess AG, Pidilite Industries Limited, Schill Seilacher GmbH, Stahl Holdings B.V, TFL Ledertechnik GmbH, Zschimmer, Schwarz Chemie GmbH, Abhilash Chemicals and Pharmaceuticals Pvt Ltd., BASF SE, DuPont de Nemours Inc, DyStar Singapore Pte Ltd., Eastman Chemical Company, Indofil Industries Limited, HARYANA leather chemicals ltd., Clariant AG, and others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Market Development

• In November 2024, Stahl, a global leader in speciality coatings for flexible materials has announced the divestment of its wet-end leather chemicals business to Syntagma Capital.

• In October 2024, Mitsubishi Chemical Group announced that its plant-derived polyol BioPTMG has been adopted by Kahei Co.as a synthetic leather (bio-synthetic leather) material. In addition, small items made with this bio-synthetic leather are available for purchase at “tonto,” run by Triple A Co., a planner and marketer of sustainable products.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global leather chemicals market based on the below-mentioned segments:

Global Leather Chemicals Market, By Type

• Tanning and Dyeing Chemicals
• Beam House Chemicals
• Finishing Chemicals

Global Leather Chemicals Market, By Product

• Biocides
• Surfactants
• Chromium Sulfate
• Polyurethane Resins
• Sodium Bicarbonate

Global Leather Chemicals Market, By End-Use

• Footwear
• Furniture
• Automotive
• Textile

Global Leather Chemicals Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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