Leather dyes improve the overall appearance of products providing a range of shades such as black leather dyes, red leather dyes, and brown leather dyes. Additionally, the key players try to offer several products to enhance brilliance of the products. Leather dyes market are based on alcohol-based leather dyes and spirit-based dyes, which enhances the looks and quality of leather products. Thus, the demand for these dyes is increasing substantially and is likely to benefit market growth. The global leather dyes market is estimated to expand by exhibiting a CAGR of 5.0% during the forecast period from 2022 to 2030.
The ever-expanding leather industry in the developing region of Asia Pacific is expanding owing to robust industrial development coupled with investment for expansion of commercial markets in the region. Due to growing leather industries, the demand and production of leather dyes are driving growth of the global leather dyes market. Additionally, the key players are witnessing vigorous demand for leather apparel, automotive accessories, and footwear; thus, the players are trying to offer these products in variety and with more comfort. This factor is augmenting demand for leather dyes and is driving growth of the global leather dyes market. Additionally, growing attention toward personal aesthetics is driving growth of the leather dyes market. Further, the expanding usage of leather across several industries especially in the automotive industry is fueling demand for leather dyes market.
Competitive Leaderboard:
Some of the key players in the leather dyes market include Lanxess AG, Clariant International Ltd., BASF SE, Colorex Chemical Co., Inc., Krishna Industries, The Dow Chemical Company, Kolor Jet Chemical Pvt. Ltd., J. K. Colors, Synthesia, a.s, and Prima Chemicals.
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Market Segmentation:
The leather dyes market is segmented on type, application, and region. By application, the leather dyes market is segmented into natural leather and synthetic leather. By type, the market is segmented into direct dyes, basic dyes, acid dyes, mordant dyes, sulfur dyes, pre-metalled dyes, and others.
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Regional Analysis:
Asia Pacific holds a dominant share in the global adhesives and sealants market due to the growing consumption of acrylic adhesives in pressure sensitive, construction, automotive, and other applications. The growing construction and automotive industries in Asia Pacific are likely to remain a major driver for the global adhesives and sealants market over the forecast period.
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