Leather Chemicals Market 2021: Top Companies, New Technology and Opportunity – Lanxess AG and Bayer AG, Elementis Plc and Chemtan company Inc

London, UK — (SBWIRE) — 08/20/2021 — Global Leather Chemicals Market is esteemed roughly at USD 8. 08 billion of every 2020 and is expected to develop with a sound development pace of over 7.3% over the conjecture period 2021-2027. Because leather chemicals are responsible for giving the item its tone, surface, example, and perfection, they are required to handle any crude material that is stowed away in finished items. The interest in leather chemicals is growing due to the government’s excellent decisions regarding leather industry. For example, in 2017, administration of India decreased GST (labor and products charge) for leather items, leather pieces of clothing and leather chemicals from 28% to 18%. Additionally, in 2018, GST was decreased from 18% to 5% on work for assembling leather merchandise and footwear. In the future, there will be a lot of interest in bio-based and environmentally-friendly products. To prevent further development, however, the growing ecological concern and strict guidelines regarding the use of leather chemicals can be relied upon.

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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 market’s segments and sub-segments are described 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

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The following years were also considered:

Historical year – 2018, 2019


Base year – 2020


Forecast period – 2021 up to 2027.

The Global Leather Chemicals Market:

Key Consulting Companies & Advisors


Large, medium-sized, and small enterprises


Venture capitalists


Value-Added Resellers (VARs)


Third-party knowledge providers


Investment bankers


Investors


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