Global Biocides For Leather Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 516.90 Million |
Market Size (Forecast Year) |
USD 817.66 Million |
CAGR |
|
Major Markets Players |
Global Biocides for Leather Market, By Product Type (Bactericides and fungicides), Process (Curing, tanning and dyeing) - Industry Trends and Forecast to 2031.
Biocides for Leather Market Analysis and Size
The biocides for leather market is experiencing steady growth due to increasing demand from the leather industry for effective antimicrobial solutions. Biocides play a crucial role in preserving leather quality by preventing microbial degradation during processing, storage, and application. Additionally, the rise in consumer awareness regarding the importance of antimicrobial protection in leather goods further boosts market growth. Overall, with the growing emphasis on quality assurance and sustainability in the leather industry, the biocides market is poised for continued expansion.
Data Bridge Market Research analyses that the global biocides for leather market is expected to reach USD 817.66 million by 2031, which is USD 516.90 million in 2023, registering a CAGR of 5.9% during the forecast period of 2024 to 2031. In 2024, Bactericides segment is expected to dominate the global biocides for leather market due to their effectiveness in preventing bacterial growth, which is a common issue in leather processing. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2024 to 2031 |
Base Year |
2023 |
Historic Years |
2022(Customizable to 2016-2021) |
Quantitative Units |
Revenue in USD Million, Pricing in USD, Volumes in Units |
Segments Covered |
Product Type(Bactericides and fungicides), Process(Curing, tanning dyeing) |
Countries Covered |
U.S., Canada, Mexico, Germany, U.K. France, Spain, Belgium, Russia, Netherland, Italy, Turkey, Switzerland, Sweden, Denmark, Norway, Finland, Rest of Europe, India, China, Japan, Australia, South Korea, Singapore, Thailand, Indonesia, Taiwan, Hong Kong, Malaysia, New Zealand, Philippines, Rest of Asia-Pacific, Brazil, Argentina Rest of South America, U.A.E., Saudi Arabia, South Africa, Egypt, Qatar, Kuwait, Bahrain, Oman, Israel, and Rest of Middle East and Africa |
Market Players Covered |
LANXESS (Germany), Buckman (U.S.), Vink Chemicals GmbH Co. KG (Germany), Troy Corporation (U.S.), and DuPont (U.S.) among others |
Market Opportunities |
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Market Definition
Biocides for leather are chemical substances used to prevent the growth of microorganisms such as bacteria, fungi, and mold on leather surfaces. Applied during the tanning or finishing process, these biocides help preserve the quality and longevity of leather goods by inhibiting microbial degradation. They are essential in industries such as leather manufacturing, footwear, and upholstery to maintain hygiene, prevent odour formation, and extend the lifespan of leather products.
Biocides for Leather Market Dynamics
Drivers
- Stringent Regulations on Leather Quality and Safety
Increasing regulatory mandates regarding leather quality and safety drive the demand for biocides in the leather industry. Biocides play a crucial role in preventing microbial growth, which can degrade leather quality and pose health risks to consumers. Compliance with stringent regulations motivates leather manufacturers to incorporate biocides into their production processes, thereby propelling market growth.
- Rising Concerns Regarding Leather Preservation
With growing awareness about the environmental impact of leather production and the need for sustainable practices, there is an increasing focus on preserving leather goods for longer durations. Biocides offer an effective solution by inhibiting microbial degradation and extending the lifespan of leather products, thus aligning with sustainability goals and driving market expansion.
Opportunities
- Expansion of Leather Industry in Emerging Economies
The rapid industrialization and urbanization in emerging economies are fostering the growth of the leather industry. As demand for leather goods rises globally, there emerges a significant opportunity for biocide manufacturers to cater to the increasing need for leather preservation solutions. The market players can capitalize on the growing demand for biocides in the leather industry by investing and focusing more into these expanding markets.
- Technological Advancements in Biocide Formulations
Ongoing research and development efforts are leading to the introduction of advanced biocide formulations with enhanced efficacy and environmental sustainability. Innovations such as eco-friendly biocides and controlled-release systems offer opportunities for manufacturers to cater to evolving consumer preferences and regulatory requirements, driving market expansion.
Restraints/Challenges
- Risk of Microbial Resistance and Product Efficacy
Prolonged exposure to biocides can lead to microbial resistance, diminishing their effectiveness in leather preservation over time. Manufacturers face the challenge of developing biocide formulations that maintain efficacy while minimizing the risk of microbial resistance. Additionally, ensuring consistent performance across different leather types and processing conditions adds complexity to product development and testing, posing challenges in meeting the diverse needs of the leather industry.
- Cost and Availability of Alternatives
The cost of biocides and the availability of alternative preservation methods pose significant restraints to market growth. Leather manufacturers may opt for alternative strategies or treatments that are perceived to be more cost-effective or easier to implement, thus limiting the demand for biocides. Additionally, fluctuations in raw material prices and regulatory hurdles may further impact the affordability and accessibility of biocides, hindering market expansion.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In September 2023, according to a study conducted by LANXESS, Biocides in leather proved harmless to consumers, with no detectable migration from finished articles. Study, conducted by FILK Institute, tested various leather types treated with common fungicides, revealing no detectable residues. LANXESS, a leading biocide manufacturer, emphasizes safety of products such as PCMC and OPP, used widely in leather preservation. Results ensure consumer safety in wearing leather items, addressing concerns of potential risks. LANXESS' Preventol U-Tec G remains pivotal in leather preservation, combining phenolic biocides and OIT for comprehensive protection
Biocides for Leather market Scope
The market is segmented on the basis of on product type and process. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Bactericides
- Fungicides
Process
- Curing
- Tanning
- Dyeing
Biocides for Leather Market Regional Analysis/Insights
The market is analysed and market size insights and trends are provided on basis of on product type and process.
The countries covered in the market report are (U.S.), Canada, Mexico, Germany, U.K. France, Spain, Belgium, Russia, Netherland, Italy, Turkey, Switzerland, Sweden, Denmark, Norway, Finland, Rest of Europe, India, China, Japan, Australia, South Korea, Singapore, Thailand, Indonesia, Taiwan, Hong Kong, Malaysia, New Zealand, Philippines, Rest of Asia-Pacific, Brazil, Argentina Rest of South America, U.A.E., Saudi Arabia, South Africa, Egypt, Qatar, Kuwait, Bahrain, Oman, Israel, and Rest of Middle East and Africa.
The Asia-Pacific region is dominating the growing global biocides for leather market due to its thriving leather industry and substantial manufacturing activities. In addition Asia-pacific is also expected to be the fastest growing region with highest CAGR due to the rapid expansion of the leather industry in countries such as China and India.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Biocides for Leather Market Share Analysis
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies focus related to market.
Some of the major players operating in the market are:
- LANXESS (Germany)
- Buckman. (U.S.)
- Vink Chemicals GmbH Co. KG (Germany)
- Troy Corporation (U.S.)
- DuPont (U.S.)
SKU-
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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