Leather Dyes market expected to grow significantly according to new research report

Pune, India, 2017-Jun-26 — /EPR Network/ — The Global Leather Dyes Market is expected to witness a significant growth with CAGR of ~5.0 % between 2016 and 2023.

Leather dye used to improve the look, shine, and increase durability of leather product and available an extensive range of shades such as black leather dyes, brown leather dyes, red leather dyes and more suitable for dyeing, most types of leather available at economical prices. Various manufacturing company offers a wide range of dyes to improve the leather appearance and brilliancy. Leather dyeing generally includes the use of spirit or alcohol-based leather dyes where alcohol rapidly gets absorbed into moistened leather.

Furthermore, the growing leather industry on account of developing domestic as well as commercial market particularly in Asia-Pacific and Europe region has enhanced the global leather dyes market over the forecasted period.  The key drivers for the growth of leather dye are the increasing demand of leather apparels, footwear, and automotive industry. However, strict environmental regulations may restrain the leather dye market over the course of the forecast period.

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By geography, the global leather dye market, has been segmented into North America, Europe, APAC, Middle East, and South Africa region. In the global leather dye market, Asia Pacific is expected to witness relatively faster growth as compared with other regions.

In Asia Pacific region, application of leather dye in natural and synthetic leather add the faster share growth including the countries such as China, Japan, Bangladesh, Indonesia, and India. Furthermore, many leather dye industry are coming up in the region adding to the growth of the segment. The rising disposable income and changing lifestyles are making huge market for apparels and footwear of leathers. Therefore, the global synthetic leather market is gaining major growth. Particularly, it is used for the manufacturing of bags, automotive, footwear, clothing, household furnishings, and others. However, the rising concerns about animal safety are persuasive governments to make stringent regulations regarding the use of leather and other animal products. This can be hamper the natural leather dye market. The presence of a large number of key players along with the rapid industrial innovations in the leather dye industry is providing a significant improvement to the growth of the region.

Key players profiled in the global leather dyes market include

• Lanxess AG (Germany)
• BASF SE (Germany)
• Clariant International Ltd. (Switzerland)
• Colorex Chemical Co., Inc. (US)
• The Dow Chemical Company (US)
• Krishna Industries (India)
• Kolor Jet Chemical Pvt. Ltd. (India)
• K. Colors (India)
• Prima Chemicals (India)
• Synthesia, a.s (Europe)

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