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Transparency Market
Research
Global Leather Chemicals Market- Industry
Analysis, Size, Share, Trends & Forecast 2014-2020
Published Date
26-Feb-2015
92 Page Report
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Press Release
Leather Chemicals Market to reach US$8.19 Bn by 2020 Impelled by Growing
Automotive and Footwear Demand from Emerging Economies:TMR
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Lather Chemical Market
REPORT DESCRIPTION
Leather Chemicals (Tanning & Dyeing Chemicals, Beamhouse Chemicals, and
Finishing Chemicals) Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2014 - 2020
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.
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On the basis of product, the market for leather chemicals is divided into...