피혁 화학제품 - 시장 점유율 분석, 산업 동향 및 통계, 성장 예측(2025-2030년)

The Leather Chemicals Market is expected to register a CAGR of greater than 6% during the forecast period.

COVID-19 severely impacted industry growth in 2020 due to the disruption in the supply chain and the lack of labor. However, surging automotive production in various countries propelled leather chemicals consumption after the pandemic.

Key Highlights

• Increasing demand for automotive upholstery and growing footwear and textile industries in Asia-Pacific are augmenting the market's growth.
• Growing environmental concerns, stringent regulations, and high operational costs will likely hinder the market's growth.
• Ongoing research to develop bio-based, eco-friendly products is projected to act as an opportunity for the market in the future.
• Asia-Pacific dominates the global leather chemicals market due to China and India's rising automotive production.

Leather Chemicals Market Trends

Textile Industry to Witness Higher Potential Growth

• Leather chemicals are generally applied on skins to prevent the deterioration caused by microorganisms and improve the texture of leather by making leather suitable for further applications.
• Leather is used for various applications, such as clothing and fashion in the textile and footwear industries, in interiors for the automotive industry, etc.
• The application of leather in the textile industry is on the rise, owing to the changing preferences toward the fashion-oriented generation.
• The world population is increasing annually, leading to a rise in the textile industry. The global population is anticipated to reach 8.1 billion by 2025, impacting the textiles market's growth. China is the world's leading producer and exporter of raw textiles and garments.
• In 2021, China accounted for over 41% of the world's textile exports, followed by the European Union and India. In December 2022, approximately 3.47 billion m of clothing fabric was produced in China. Monthly textile production volume was consistently above three billion m.
• According to IBEF, the Indian textiles industry is expected to reach USD 250 billion. India's textiles industry contributed 15% to the export earnings of India and is estimated to rise further in the upcoming years.
• India's textile and apparel exports (including handicrafts) stood at USD 44.4 billion in FY22, a 41% increase YoY. The Indian textile and apparel industry is expected to grow at 10% CAGR and reach USD 190 billion by 2025-26. India includes a 4% share of the global trade in textiles and apparel.
• Moreover, according to the National Council of Textile Organizations in the United States, the shipment value for US textiles and apparel was estimated at around USD 77.9 billion. US fiber, textiles, and apparel exporters were USD 28.6 billion. It is expected to rise further in the upcoming years.
• Through the forecast period, such factors are expected to drive the market for leather chemicals in the textile industry.

India to Dominate the Market in Asia-Pacific Region

• India is expected to become a leader in the automotive industry by 2030, providing opportunities for electric and commercial vehicles. The rise in demand is due to an increase in middle-class income and young population growth.
• Moreover, the Indian automotive industry became the fourth largest in the world, with sales increasing by 8% annually. The increasing automotive industry is expected to increase the market for leather chemicals for its applications in the interior and exterior parts.
• According to the Indian footwear industry report, footwear production is crossing approximately 22 billion pairs annually, accounting for around 9.6% of the global output contribution. India is the world's third-largest footwear consumer, followed by China and the United States. The domestic market consumes about 90% of the footwear produced in India, and the country exports the rest.
• The United States is India's largest importer of leather and leather products, accounting for 25.19% of the country's total leather exports from April-August 2022. Germany and the United Kingdom accounted for 10.86% and 9.71% of the exports during the same period.
• In India, the export of leather, leather products, and footwear for April-August 2022 touched USD 2,377 million against the performance of USD 1,831 million in April-August 2021, recording a growth of 29.81%.
• The factors above are expected to drive market growth for leather chemicals in the country.

Leather Chemicals Industry Overview

The leather chemicals market is expected to be partially consolidated, with the top five-six players accounting for a significant market share. The leading players in the leather chemicals market include Stahl International BV, Dystar Singapore Pte Ltd, Lanxess, Elementis PLC, and Chemtan Company (not in any particular order).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

• 4.1 Drivers
  • 4.1.1 Growing Footwear and Textile Industries in Asia-Pacific
  • 4.1.2 Increasing Demand for Automotive Upholstery
• 4.2 Restraints
  • 4.2.1 High Operational Cost
  • 4.2.2 Growing Environmental Concerns and Stringent Regulations
• 4.3 Industry Value Chain Analysis
• 4.4 Porter's Five Forces Analysis
  • 4.4.1 Bargaining Power of Suppliers
  • 4.4.2 Bargaining Power of Consumers
  • 4.4.3 Threat of New Entrants
  • 4.4.4 Threat of Substitute Products and Services
  • 4.4.5 Degree of Competition

5 MARKET SEGMENTATION (Market Size in Value)

• 5.1 Product Type
  • 5.1.1 Tanning and Dyeing Chemicals
  • 5.1.2 Beam House Chemicals
  • 5.1.3 Finishing Chemicals
• 5.2 End-user Industry
  • 5.2.1 Footwear
  • 5.2.2 Furniture
  • 5.2.3 Automotive
  • 5.2.4 Textile & Fashion
  • 5.2.5 Other End-user Industries
• 5.3 Geography
  • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
  • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
  • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 Italy
    • 5.3.3.4 France
    • 5.3.3.5 Spain
    • 5.3.3.6 Rest of Europe
  • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
  • 5.3.5 Middle East & Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle East & Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
• 6.2 Market Share(%)**/Ranking Analysis
• 6.3 Strategies Adopted by Leading Players
• 6.4 Company Profiles
  • 6.4.1 Balmer Lawrie Co. Ltd
  • 6.4.2 Chemtan Company
  • 6.4.3 Clariant
  • 6.4.4 DyStar Group
  • 6.4.5 Elementis PLC
  • 6.4.6 Indofil Industries Ltd
  • 6.4.7 Lanxess
  • 6.4.8 Papertex Specialty Chemicals Pvt Ltd
  • 6.4.9 Schill Seilacher GmbH Co.
  • 6.4.10 Stahl International BV
  • 6.4.11 TASA Group International
  • 6.4.12 TEXAPEL
  • 6.4.13 Zschimmer Schwarz Co. KG

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

• 7.1 Ongoing Research to Develop Bio-based, Eco-friendly Products
• 7.2 Other Opportunities