Reportstack has announced a new market research report on the Leather Chemicals Market in Europe 2015-2019. One key trend emerging in this market is the growing demand for leather products with flame-resistant properties from the aviation industry. Chrome-tanned leather, which is treated with flame retardants, accounts for a major share of the leather used in the Aviation industry. The Leather Chemicals market in Europe is expected to grow at a CAGR of 2.62 percent during the period 2014-2019.
Key vendors in the market have enhanced their portfolios to include a wide range of solutions for luxury leather goods. Vendors in Europe also cater to the increased demand for luxury goods in countries such as the US, Japan, Germany, Italy, and the UK, thereby contributing to market growth.
“Leather is used in automotive interiors for seats, steering wheels, and other accessories, and this has led to increased demand for leather chemicals,”.
“Growing demand for lighter, pastel shades of leather from the automotive industry is leading vendors to focus on the development of finishing systems that exhibit anti-soiling properties.”
To define the market conditions in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
Complete report available @ Leather Chemicals Market in Europe 2015-2019.