Leather Chemicals Market to reach US$8.19 Bn by 2020 Impelled by Growing Automotive and Footwear Demand from Emerging Economies

The growth of the leather chemicals market is directly proportionate to the development of the automotive and footwear industries, states Transparency Market Research in its latest report. The report, titled “Leather Chemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, indicates that recording a 6.1% CAGR during the forecast period, the global leather chemicals market is anticipated to rise from US$5.43 billion in 2013 to US$8.19 billion by 2020.Leather chemicals are used in different stages of leather production and help enhance features such as water resistance, appearance, flexibility, and heat resistance.

The rapidly developing footwear and automotive markets around the world are the primary forces driving the growth of the leather chemicals market. The introduction of less harmful chemical substitutes holds significant potential for growth, according to the report. However, strict environmental regulations may restrain the leather chemicals market over the course of the forecast period.

View exclusive Global strategic Business report : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4137

On the basis of product, the market for leather chemicals is divided into beamhouse chemicals, tanning and dyeing chemicals, and finishing chemicals. Tanning and dyeing chemicals held the largest share of the leather chemicals market in 2013, accounting for a 40% share of the overall market. Chemicals such as cyanides, calcium hydroxide, and amines are used to protect leather from decomposing and it also increases the durability of the material.

With surging demand for leather products such as garments and handbags from the emerging economies of Brazil, India, and China, the market for leather tanning and dyeing chemicals is bound to grow.Beamhouse operation chemicals such as swell regulating agents, biocides, chromium sulfate, soda ash, and formic acid are used in the process of leather production. As the demand for leather from end-use industries such as apparel, footwear, and automotive increases, so does the demand for beamhouse chemicals.

Browse The Full Report Here:

http://www.transparencymarketresearch.com/global-leather-chemicals-market.html

Geographically, the leather chemicals market is segmented into North America, Europe, Asia Pacific, and Rest of the World. In 2013, Asia Pacific dominated the global leather chemicals market, followed by Europe, with a 40% share in terms of volume. Growth in footwear and automotive industries in APAC has been the primary factor boosting the leather chemicals market in the region. In addition, leading manufacturers of leather chemicals have been focused on expanding production capacity in Asia Pacific owing to increased demand, rise in disposable income, and recent economic growth.

This is sure to fuel the development of the leather chemicals market in this region. Europe has several tanneries that engage in the processing of raw leather. This, coupled with the rise in demand for leather chemical products is estimated to boost the European market by 2020.The prominent players operating in the global leather chemicals market include Wei Tai Leather Co. Ltd., Clariant International Ltd., BASF SE, Rock Chemie Co., DyStar Singapore Pte Ltd., Bayer AG, Stahl Holdings b.v., Elementis plc, Schill + Seilacher GmbH, TFL Ledertechnik Gmbh & Co. KG, Heim Leather Chem. Gmbh, and Lanxess AG.

Leather Chemicals Market - Product Segment Analysis

Tanning and dyeing chemicals
Beamhouse chemicals
Finishing chemicals

Superabrasives (Turning, Cutting, Buffing, Drilling, Boring, Grinding) Market Research Report 2025

An abrasive is a material which molds or provides finishing to a work piece through a process which includes buffing, grinding, cutting, as well as polishing. Abrasion typically depends on the difference in the hardness of the material and the abrasive (with the latter being the harder of the two). Unlike regular abrasion where any two solid materials that repeatedly rub against each other tend to wear away, superabrasives possess the kind of hardness that enables them to stay usable for a longer period of time. On the basis of hardness, the top two superabrasives include diamond and cubic boron nitride (CBN). Industrial diamonds used as superabrasives are exceptionally hard materials. However, they display several technological limitations. For instance, when a diamond comes in contact with a ferrous alloy such as steel or a nickel superalloy, the resulting formation of carbide leads to its abrasion. Also, a diamond-containing tool can only be used at moderate temperatures a

Industrial Lubricants Market: Strong Demand Across Automotive Industry, Trends To 2025

Lubricants refer to the organic or inorganic material primarily being use to decrease friction between two surfaces in contact. Lubricants play a key role in several industries as well as in commercial and residential sectors. One of their most common uses is in the lubrication of bearings and gears, allowing for their easy movement at high speeds, without loss in energy, prevent excessive generation of heat, or most importantly, prevent damage that would be caused otherwise. Industrial lubricants are, therefore, essential in enhancing the overall efficiency of a machine that contains moving parts in contact with one another. The global industrial lubricants market is currently expanding at a solid growth rate, driven by several factors and spearheaded by the likes of BP, Total, Chevron Corporation, ExxonMobil, and Shell. Browse Market Research Report @ http://www.transparencymarketresearch.com/industrial-lubricants-market.html What Impact has the Oil and Gas Industry Had

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @ http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid prototypi

Market Research Reports

Search This Blog