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 The leather chemicals market has been experiencing significant growth in recent years due to the increasing demand for leather products in various industries, including automotive, footwear, furniture, and fashion. Leather chemicals are a diverse range of substances used in the processing and finishing of leather to enhance its properties and appearance. These chemicals play a crucial role in transforming raw animal hides and skins into finished, durable, and visually appealing leather products. One of the key chemicals used in the leather industry is phthalic anhydride. Phthalic anhydride is an organic compound primarily used in the production of phthalate plasticizers. In the leather industry, phthalic anhydride is employed in the formulation of synthetic fat liquors, which are used to soften and lubricate the leather, improving its suppleness and feel. Synthetic fat liquors based on phthalic anhydride provide consistent and reliable performance, ensuring that the leather remai...

 Leather Chemicals Market The leather chemicals market has been experiencing significant growth in recent years due to the increasing demand for leather products in various industries, including automotive, footwear, furniture, and fashion. Leather chemicals are a diverse range of substances used in the processing and finishing of leather to enhance its properties and appearance. These chemicals play a crucial role in transforming raw animal hides and skins into finished, durable, and visually appealing leather products. One of the key chemicals used in the leather industry is phthalic anhydride. Phthalic anhydride is an organic compound primarily used in the production of phthalate plasticizers. In the leather industry, phthalic anhydride is employed in the formulation of synthetic fatliquors, which are used to soften and lubricate the leather, improving its suppleness and feel. Synthetic fatliquors based on phthalic anhydride provide consistent and reliable performance, ensuring...

  Market Synopsis: Leather products are seen as a mark of luxury, and the rising purchasing power is supporting its growing demand. The rising demand for leather products is likely to fuel the demand for leather chemicals which are used to produce commercial leather from hides and skins of animals. Market Research Future (MRFR)’s study asserts that the global leather chemicals market, valued at USD 6.5 Bn in 2018, is set to scale a decent valuation by 2024, reflecting a CAGR of 6% across the review period 2022 to 2030. The increasing purchasing power of the population has led to an increase in the demand for leather footwear and apparel. This, in turn, is prognosticated to propel the expansion of leather chemicals market in the nearby future. Also, the rising demand from the automotive industry is projected to help the market players in maximizing profits. However, the rise witnessed in animal activism against the use of leather products is anticipated to undermine the growth of th...