Tanning Agents Market Size (2024 - 2029)

The tanning agents market is projected to experience significant growth, driven by the rising demand for high-quality leather. Despite challenges such as high operational costs and stringent environmental regulations, the market is recovering from the COVID-19 impact and is expected to expand steadily. The development of alternative tanning technologies through increased R&D investment presents potential opportunities for market expansion. The Asia-Pacific region is anticipated to lead the market and exhibit the most rapid growth during the forecast period.

Home Market Analysis Chemicals & Materials Research Specialty Chemicals Research Leather Chemicals Research Tanning Agents Research Tanning Agents Market Market Size

Market Size of Tanning Agents Industry

Tanning Agents Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 6.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration High

Major Players

Tanning Agents Market Major Players

*Disclaimer: Major Players sorted in no particular order

Tanning Agents Market Analysis

The global tanning agents market is anticipated to register a CAGR of more than 6% during the forecast period.

COVID-19 negatively impacted the market in 2020. However, the market is now estimated to reached pre-pandemic levels and is expected to grow steadily.

  • The rapid increase in demand for high-quality leather is expected to drive market growth during the forecast period.
  • High operational costs and stringent environmental regulations are anticipated to hinder the market's growth.
  • An increase in investment in R&D to develop alternate tanning technologies will likely create opportunities for the market in the coming years.
  • Asia-Pacific region is expected to dominate the market and is also likely to witness the highest CAGR during the forecast period.

Tanning Agents Industry Segmentation

Tanning agents are chemicals that keep the collagen fibers in leather from disintegrating. A tanning agent removes water from the interstices between protein fibers and bonds them together. Vegetable tannin, mineral salts such as chromium sulfate, and fish or animal oil are the three most commonly used tanning agents. The tanning agents market is segmented by type, application, and geography. By type, the market is segmented into inorganic materials, aldehyde tanning agents, vegetable tanning agents, and other types. By application, the market is segmented into leather tanning, sun tanning personal care products, and other applications. The report also covers the market size and forecasts in 15 countries across major regions. Market sizing and forecasts are based on revenue (USD million) for each segment.

Type
Inorganic Materials
Chromium
Zirconium
Others
Aldehyde Tanning Agents
Formaldehyde
Glutaraldehyde
Others
Vegetable Tanning Agents
Other Types
Application
Leather tanning
Sun Tanning and Personal Care Products
Other Applications
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
Need A Different Region Or Segment?
Customize Now

Tanning Agents Market Size Summary

The tanning agents market is poised for steady growth, driven by the increasing demand for high-quality leather. Despite the initial setbacks caused by the COVID-19 pandemic, the market has rebounded to pre-pandemic levels and is expected to continue its upward trajectory. The leather-tanning application is the fastest-growing segment, with chrome tanning being widely used due to its desirable properties. The market's expansion is supported by the diverse applications of leather-tanned products in industries such as footwear and packaging. However, the market faces challenges from high operational costs and stringent environmental regulations. Nonetheless, advancements in research and development aimed at alternative tanning technologies present new opportunities for growth.

The Asia-Pacific region is anticipated to dominate the global tanning agents market, with countries like China, India, Japan, and South Korea leading the charge. The region's burgeoning footwear and personal care industries are significant contributors to the increased consumption of tanning agents. In particular, China's status as the world's largest footwear producer and India's expanding personal care sector are key factors driving market growth. The market is partially consolidated, with major players such as BASF SE, LANXESS, and Merck KGaA playing pivotal roles. Recent innovations, such as Schill+Seilacher GmbH's SUCCUIR system and Smit & Zoon's Nera and Zeology products, highlight the ongoing advancements within the industry, further supporting the market's positive outlook.

Explore More

Tanning Agents Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Rapid Increase in Demand for High Quality Leather

      2. 1.1.2 Other Drivers

    2. 1.2 Restraints

      1. 1.2.1 High Operational costs

      2. 1.2.2 Stringent Environment Regulations

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Value)

    1. 2.1 Type

      1. 2.1.1 Inorganic Materials

        1. 2.1.1.1 Chromium

        2. 2.1.1.2 Zirconium

        3. 2.1.1.3 Others

      2. 2.1.2 Aldehyde Tanning Agents

        1. 2.1.2.1 Formaldehyde

        2. 2.1.2.2 Glutaraldehyde

        3. 2.1.2.3 Others

      3. 2.1.3 Vegetable Tanning Agents

      4. 2.1.4 Other Types

    2. 2.2 Application

      1. 2.2.1 Leather tanning

      2. 2.2.2 Sun Tanning and Personal Care Products

      3. 2.2.3 Other Applications

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 Italy

        4. 2.3.3.4 France

        5. 2.3.3.5 Rest of Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle-East and Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle-East and Africa

Tanning Agents Market Size FAQs

The Tanning Agents Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)

BASF SE, LANXESS , Merck KGaA, Leather International and CLARIANT are the major companies operating in the Tanning Agents Market.

Tanning Agents Market Report Snapshots

Tanning Agents Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)