Strong Preference for Eco-Friendly Solutions Driving Growth in the Global Leather Chemicals Market: Technavio Report

  • The key vendors in the Global Leather Chemicals Market 2014-2018 are BASF SE, Clariant AG, Lanxess AG, Stahl Holdings BV and TFL Ledertechnik GmbH & Co. KG.

London, 16 September 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Leather Chemicals Market 2014-2018.   The increasing demand from the Asia Pacific region especially India and China is one of the key emerging trends in this market. These countries are expected to contribute to a significant demand for luxury leather goods, thereby driving market growth. The market is expected to grow at a steady rate, posting a CAGR of 3.67 percent during the period 2013-2018.

“The Global Leather Chemicals market is witnessing a strong preference for eco-friendly products that contribute to sustainability,” says Faisal Ghaus, Vice President of TechNavio Research.

“Grape seed derivatives-based tannins and solvent-free organic finishes are some of the other eco-friendly leather chemicals that are expected to be in significant demand during the forecast period.”

To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.…

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