Leather Chemicals Global Market Report 2024

The global leather chemicals market has grown strongly in recent years. It will grow from $8.87 billion in 2023 to $9.45 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The observed growth in the past period can be attributed to various factors within the leather goods industry such as the expansion of the leather goods sector, driven by increased demand for high-quality leather products aligned with fashion trends, lifestyle changes resulting from urbanization, a growing emphasis on sustainability and leather recycling, the rise in exports of leather goods, and a focus on maintaining quality control and consistency in production processes.

The global leather chemicals market is expected to see strong growth in the next few years. It will grow to $12.23 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. Anticipated growth in the upcoming period is expected to stem from several key elements within the leather industry such as the innovation and creation of new types of leather, increased investments in leather processing facilities, a trend towards customizable finishes for leather goods, the continued expansion of e-commerce in the leather retail sector, the emergence of bio-based chemicals used in leather production, and the globalization of supply chains in the leather industry. Key trends projected for this forecasted period encompass the adoption of chromium-free tanning agents, advancements in leather recycling technologies, the integration of digitalization and smart manufacturing practices, the emphasis on customization and specialty chemicals, developments in leather biotechnology, initiatives for traceability and transparency in the leather supply chain, and the rise of anti-microbial leather chemicals.

The leather chemicals market anticipates growth due to rising demand for premium goods. Increased purchasing power and a stronger economy have elevated the need for high-end products, specifically premium leather used in apparel, footwear, and automotive items. The production process of these goods involves various leather production stages, necessitating the use of chemicals for tanning, dyeing, and retention. Forecasts by ZipDo predict the luxury fashion sector to hit a market volume of $429,762 million by 2025, with online sales potentially constituting 30% of the global total. Luxury vehicle sales, as noted by BMW, saw an 8.4% increase in premium luxury cars, totaling 2,213,795 units, a 9.1% rise from 2021. This surge in premium product sales is expected to drive growth in the leather chemicals market.

The expansion of the leather chemicals market hinges on the escalating demand for leather products, encompassing a wide range of items made from durable animal hides and skins. Employing suitable leather chemicals enables manufacturers to tailor products to specific standards in terms of quality, performance, and appearance. Hermès International's reported 16% sales increase in Leather Products and Saddlery during the first quarter of 2022 compared to 2021, owing to increased capacity and sustained demand. The growing appetite for leather products is projected to fuel the leather chemicals market's growth.

Technological advancements are a significant trend influencing the leather chemicals market. The evolution of advanced chemicals and solutions has driven industrial progress, especially in high-performance coatings and expanding production in developing economies. Extensive research in advanced chemicals, particularly bio-based leather chemical solutions offering enhanced functionality, resource-efficient production, and reduced environmental impact, is on the rise. Companies like Stahl introduced Stahl Ympact, a bio-based leather chemical derived from renewable feedstocks and carbon-captured CO2, aiming to reduce environmental footprints while maintaining quality and performance.

Major players in the leather chemicals industry are embracing strategic partnerships to strengthen their market presence and introduce innovative solutions. These collaborations involve leveraging combined strengths and resources for mutual gains and success. For instance, TRUMPLER GmbH & Co. KG partnered with Archroma to introduce DyTan, an eco-friendly and cost-effective leather production process. DyTan offers an alternative to traditional metal-free and chrome-tanned leather production techniques, utilizing the AVICUERO System alongside bio-based fatliquors and retanning agents. Derived from functional biopolymers through leather shavings' hydrolysis, these components aim to provide high-performance leather while enhancing environmental sustainability. TRUMPLER GmbH & Co. KG, as Archroma's global partner, oversees the worldwide distribution of the AVICUERO System.

In June 2021, TFL Ledertechnik GmbH, a German company specializing in specialty chemicals for the leather industry, successfully acquired Lanxess' organic leather chemicals (OLC) division. The acquisition, made for an undisclosed sum, is expected to significantly bolster TFL's production capabilities and broaden its product portfolio within the leather sector. This strategic move aims to enhance TFL's ability to provide an extensive array of cutting-edge, eco-friendly solutions to the leather industry. Lanxess OLC, the acquired division, is also a German-based firm specializing in specialty chemicals.

Major companies operating in the leather chemicals market report are Stahl Holdings BV, Clariant AG, TFL Ledertechnik GmbH, Pidilite Industries Limited, Balmer Lawrie & Co. Ltd., Arkema SA, Eastman Chemical India Pvt.ltd., Evonik Industries AG, Saudi Basic Industries Corporation, Dystar Singapore Pte Ltd., Elementis PLC, Chemtan Company Inc., Lawrence Industries Limited, Schill Seilacher GmbH, TASA Group International, Zschimmer & Schwarz Co. KG, Indofil Industries Ltd., Papertex Specialty Chemicals Pvt. Ltd., Smit & Zoon BV, BASF SE, Cargill Inc., Koninklijke DSM NV, Lallemand Inc., Novus International Inc., A Schulman Inc., AllChem Corporation, Chemours Company, Dow Chemical Company, Hebei Yida Chemical Industry Co. Ltd., Lanxess AG, Solvay SA, Sumitomo Chemical Co. Ltd., Wacker Chemie AG

Asia-Pacific was the largest region in the leather chemical market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the leather chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the leather chemicals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary products within the realm of leather chemicals include biocides, surfactants, chromium sulfate, polyurethane resins, and sodium bicarbonate. Biocides, aimed at eliminating or controlling harmful organisms using chemical or biological means, are available in liquid or powder forms as either ready-to-use formulations or concentrates. These chemicals are integral in tanning, dyeing, beamhouse processes, and finishing treatments across the footwear, upholstery, leather goods, and garment sectors.

This report provides leather chemicals market statistics, Including leather chemicals industry global market size, regional shares, competitors with a leather chemicals market share, detailed leather chemicals market segments, market trends and opportunities, and any further data you may need to thrive in the leather chemicals industry. This leather chemicals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The leather chemicals market consists of sales of degreasers, swell regulating agents, lime, sodium sulfide, sodium hydrosulfide, caustic soda, and soda ash. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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