Global Leather Chemicals Market to reach USD 13.23 billion by 2027.Global Leather Chemicals Market is valued approximately at USD 8.08 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 7.3% over the forecast period 2021-2027. Leather chemicals are required to process raw material hides into finished products, as they are responsible for providing colour, texture, pattern and smoothness to the product. Favourable government decisions regarding leather industry and rise in utilization of leather chemicals for pH neutralization and reduction of pH in rechroming process are increasing the demand for leather chemicals. For instance, in 2017, government of India reduced GST (goods and services tax) for leather products, leather garments and leather chemicals from 28% to 18%. Similarly, in 2018, GST was reduced from 18% to 5% on job work for manufacturing leather goods and footwear. Furthermore, ongoing research on bio-based and eco-friendly products is expected to fuel the demand in coming years. However, growing environmental concern and stringent regulations regarding use of leather chemicals are expected to hinder the growth during forecast period.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are the regions considered for regional analysis of the global Leather Chemicals Market. Asia Pacific is the dominating region across the world in terms of market share due to low price labour and continuous supply of raw material in the region. Whereas Europe is anticipated to exhibit the highest growth rate over the forecast period 2021-2027, as the region dominates the footwear, consumer appliances and automobile industries.
Major market player included in this report are:

Stahl International B.V.
Lanxess AG
Bayer AG
Elementis plc
Chemtan Company, Inc.
Lawrence Industries Limited
Zschimmer & Schwarz GmbH & Co KG Chemische Fabriken
Schill+Seilacher GmbH
Indofil Industries Limited
Pulcra Chemicals GmbH

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Biocides
Surfactants
Chromium Sulfate
Polyurethane Resins
Sodium Bicarbonate
Others
By Process:
Tanning & Dyeing
Beamhouse
Finishing
By End-use:
Footwear
Upholstery
Garments
Leather Goods


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Leather Chemicals Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors