MRO Magazine

Research and Markets: India Leather Chemicals Market Forecast and Opportunities, 2020 with BASF, Stahl and Lanxess Dominating the $700 Million Market


June 24, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/llgtqv/india_leather) has announced the addition of the “India Leather Chemicals Market Forecast and Opportunities, 2020” report to their offering.

India’s leather chemicals market is projected to cross USD700 million by 2020.

Wet-end process accounts for the highest consumption of leather chemicals followed by Beamhouse and finishing processes. In 2014, Southern states accounted for the largest market share, followed by Northern and Eastern regions, and this trend is expected to continue over the next five years with Southern and Northern regions collectively accounting for over two-thirds of the country’s leather chemicals market by 2020. Favorable government regulations promoting exports of leather goods are significantly contributing towards boosting demand for leather chemicals in India. Presently, BASF, Stahl and Lanxess are some of the leading suppliers of leather chemicals in India.

Leather chemicals are used in the processing of leather to obtain finished leather and other leather products. These chemicals are broadly divided in two categories namely basic chemicals and speciality chemicals. Basic chemicals are the chemicals used in large volumes for processing and making finished leather from raw skin/hide of animals, whereas specialty chemicals are used for imparting specific properties to the leather such as durability, flexibility, finish, etc.

On account of growing demand for Indian leather products in China, Bangladesh and Sri Lanka coupled with increasing preference of Indian consumer towards high-quality leather products, the demand for leather chemicals is growing at a moderate pace in the country. India’s huge livestock population and high production capacity tanneries are among the major factors supporting the growth of leather industry, and thereby the country’s leather chemical industry.

India Leather Chemicals Market Forecast & Opportunities, 2020 report elaborates on the following aspects of leather chemicals market in India:

– India Leather Chemicals Market Size and Forecast

– Segmental Analysis (Beamhouse, Wet-end & Finishing)

– Policy and Regulatory Landscape

– Changing Market Trends & Emerging Opportunities

– Competitive Landscape & Strategic Recommendations

Market Trends & Developments

– Eco-friendly Chemicals

– Application in Automotive Industry

– Chrome-free Tanning

– Patent Leather

– Technological developments

Key Topics Covered:

1. Research Methodology

2. Analyst View

3. Leather Chemicals: Product Overview

4. India Leather Chemicals Market Outlook

5. India Leather Beamhouse Chemicals Market Outlook

6. India Leather Wet-end Chemicals Market Outlook

7. India Leather Finishing Chemicals Market Outlook

8. Trade Dynamics

9. Market Dynamics

10. Market Trends & Developments

11. Policy and Regulatory Landscape

12. India Economic Profile

13. Competitive Landscape

14. Strategic Recommendations

Companies Mentioned

– BASF India

– Balmer Lawrie & Co. Ltd

– C & E Ltd.

– Haryana Leather Chemicals

– Indofil Industries Ltd

– Lanxess India Pvt. Ltd

– Pidilite Industries Ltd

– Schill + Seilacher

– Stahl India Pvt. Ltd

– TFL Quinn India Pvt. Ltd

For more information visit http://www.researchandmarkets.com/research/llgtqv/india_leather

Research and Markets
Laura Wood, Senior Manager
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