Global Biocides for Leather Market

Biocides for Leather Market Size, Share, Growth Analysis, By Product Type(Bactericides and fungicides), By Process(Curing, tanning & dyeing, beamhouse, and finishing), By Region - Industry Forecast 2024-2031


Report ID: SQMIG15E2165 | Region: Global | Published Date: April, 2024
Pages: 184 | Tables: 62 | Figures: 79

Biocides for Leather Market Insights

Global Biocides for Leather Market size was valued at USD 525.20 Million in 2022 and is poised to grow from USD 551.46 Million in 2023 to USD 814.76 Million by 2031, at a CAGR of 5% during the forecast period (2024-2031).

The biocide for leather market refers chemical substances that are used to protect leather products from microbial growth and decay. Leather products are widely used in various applications such as footwear, apparel, furniture, and automotive upholstery, among others. These products are often subjected to harsh environmental conditions, which can lead to the growth of microorganisms. Biocides help to prevent microbial growth and preserve the quality and appearance of leather products. The global market is driven by several factors such as the increasing demand for leather products, growing concerns over environmental safety, and the need for antimicrobial protection in the leather industry. The use of biocides has become increasingly important in the leather industry, as it helps to protect leather products from degradation and contamination caused by microbial growth.

The biocides for leather market offer a range of products with varying degrees of effectiveness and toxicity to meet the specific requirements of the leather industry. Biocides for leather are available in various forms such as liquids, powders, and sprays, and can be applied during the manufacturing process or as a surface treatment. However, the global market also face some challenges such as the increasing regulations on the use of chemicals in the leather industry and the fluctuating prices of raw materials. The use of biocides is subject to regulatory restrictions, and manufacturers need to comply with various regulations such as REACH (Registration, Evaluation, Authorization and Restriction of Chemicals) to ensure the safety of the environment and human health.

US Biocides for Leather Market is poised to grow at a sustainable CAGR for the next forecast year.

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Biocides for Leather Market size was valued at USD 525.20 Million in 2022 and is poised to grow from USD 551.46 Million in 2023 to USD 814.76 Million by 2031, at a CAGR of 5% during the forecast period (2024-2031).

The biocides for the leather market are highly competitive, with several players operating in the market. These players compete on various factors such as price, quality, innovation, and distribution channels. Some of the major players in the market are constantly innovating and improving their products to stay competitive in the market. Additionally, they are also expanding their distribution networks to reach more customers and increase their market share. 'Lanxess AG', 'Clariant AG', 'Dow Chemical Company', 'BASF SE', 'Thor Group Limited', 'Buckman Laboratories International Inc.', 'Albemarle Corporation', 'Lonza Group Ltd.', 'Troy Corporation', 'The Lubrizol Corporation', 'Kemira Oyj', 'Nalco Champion', 'Evonik Industries AG', 'DuPont de Nemours Inc.', 'ICL Performance Products LP', 'Akzo Nobel N.V.', 'Archroma Management LLC', 'Ashland Holdings Inc.', 'Huntsman International LLC', 'SUEZ SA', 'By acquiring International Flavors & Fragrances Inc.'s (IFF) Microbial Control division in July 2023, Lanxess broadened its line of products. As a result of this acquisition, Lanxess' product line now includes biocides such Rocima, Kathon, and Bioban.', 'In Feb 2022, Clariant AG, a leading supplier of leather chemicals, launched a new range of sustainable biocides for the leather industry. The products are based on natural raw materials and are designed to reduce the environmental impact of leather production.', 'In June 2021, Lanxess AG, a leading supplier of leather chemicals, launched a new range of bio-based biocides for the leather industry. The products are based on renewable raw materials and offer high-performance microbial control.', 'In April 2021, BASF SE, a major player in the biocides for leather market, announced the launch of a new biocide formulation for leather processing. The product is designed to be more eco-friendly and sustainable than traditional biocides.'

One of the major drivers of the biocides for leather market is the growing demand for leather products across the world. Leather is used in a variety of applications, such as footwear, automotive interiors, furniture upholstery, and clothing. The demand for leather products is increasing due to factors such as rising disposable incomes, changing fashion trends, and growing awareness about the durability and longevity of leather products. This increase in demand for leather products is driving the growth of the biocides for leather market, as these products are essential to protect the leather from microbial degradation and ensure its longevity.

Increasing focus on sustainability: The leather industry is under pressure to adopt more sustainable practices, and this includes the use of biocides. Consumers are becoming more aware of the environmental impact of the products they purchase, and they are demanding more sustainable options. As a result, there is a growing interest in biocides that are less harmful to the environment and that can be used in a more sustainable way.

The Asia Pacific region dominated the market, accounting for a significant share. The Asia Pacific region is witnessing a significant increase in the demand for leather products such as footwear, automotive interiors, and clothing, among others. The growth of the market in this region can be attributed to the increasing population, rising disposable incomes, and changing lifestyle patterns. As a result, there is a high demand for biocides for leather to ensure the longevity of leather products. The region is home to several major leather producers, including China, India, and Indonesia. These countries have a large presence of tanneries and leather processing units, which has led to significant demand for biocides for leather. Additionally, these countries are also major exporters of leather products, which further drive the demand for biocides for leather. There is a growing focus on sustainable and eco-friendly leather production in the Asia Pacific region. Consumers are increasingly demanding leather products that are made using environmentally friendly processes and materials. This has led to the development of new, safer biocides that meet the regulatory requirements for sustainable leather production. The Asia Pacific region is witnessing a growing investment in research and development activities by major players in the biocides for leather market. The companies are focusing on developing innovative and effective biocides that meet the specific needs of the regional market.

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Global Biocides for Leather Market

Report ID: SQMIG15E2165

$5,300
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