Market Overview:
The global aldehyde tanning agents market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for leather goods, especially in the Asia Pacific region. In terms of type, formaldehyde accounted for the majority of the share in 2017 and is expected to maintain its dominance during the forecast period. However, glutaraldehyde is projected to grow at a higher CAGR owing to its properties such as high reactivity and low toxicity. By application, pretanning held majority of share in 2017 and is projected to maintain its dominance during the forecast period.
Product Definition:
Aldehyde tanning agents are a type of chromium compound used in the tanning industry. They are important because they help to improve the color and appearance of leather.
Formaldehyde:
It is a colorless, toxic, flammable liquid. It has a strong odor similar to that of garlic or fenugreek and it's corrosive nature makes it unfit for use in products where people may be exposed to direct contact such as furniture polish or floor polishes.
Glutaraldehyde:
Glutaraldehyde, also known as 2-hydroxypropyl acetate, is an aldehyde compound and it has a strong odor similar to that of gasoline. It is widely used in the tanning process along with other chemicals such as formaldehyde and hydrogen peroxide. Aldehyde tanning agents are used for the treatment of human skin so that they acquire a tanned appearance.
Application Insights:
Pretanning agents were the major application segment and accounted for over 60% of the total revenue in 2017. Formaldehyde is used to cross-link proteins, which results in leather with longer lifespan; whereas, glutaraldehyde helps remove waxes from animal hides to give it a glossy finish.
The retanning agents segment is expected to witness significant growth over the forecast period owing to its rising applications in leather finishing including trimming, shaving and embossing operations post completion of the manufacturing process at tanneries. Retanning also allows manufacturers to use lower grades of hides than before without affecting product quality or appearance; as well as reduces wastage during production by up-to 50%.
Regional Analysis:
Asia Pacific accounted for the largest share of over 40.0% in 2017 and is expected to witness significant growth over the forecast period. The region is anticipated to witness a CAGR of XX% from 2018 to 2030 owing to increasing demand for pretanning agents in various end-use industries such as furniture, automotive, construction, packaging among others.
Europe was estimated at USD X million in 2017 and is projected to grow at a moderate pace due high consumption of formaldehyde tanning agents in Russia and Poland among other Eastern European countries coupled with stringent regulatory measures regarding VOC emissions from personal care products pertaining pre-tanning process used by consumers leading towards low penetration rate comparedto U.S.
Growth Factors:
- Increasing demand for aldehyde tanning agents in the leather industry as a result of the growing popularity of leather products.
- Rising awareness about the benefits of aldehyde tanning agents among tanners and consumers alike.
- Technological advancements that have made aldehyde tanning agents more efficient and economical to use.
- Growing environmental concerns over chromium-based tanning methods, which is driving demand for more sustainable alternatives such as aldehyde tanning agents .
Scope Of The Report
Report Attributes
Report Details
Report Title
Aldehyde Tanning Agents Market Research Report
By Type
Formaldehyde, Glutaraldehyde, Others
By Application
Pretanning, Retanning
By Companies
BASF, Viswaat Chemicals, Abhilash Chemicals and Pharmaceuticals, Indofil Industries, Syntans & Colloids, TRUMPLER, ZSCHIMMER & SCHWARZ, BASF
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Aldehyde Tanning Agents Market Report Segments:
The global Aldehyde Tanning Agents market is segmented on the basis of:
Types
Formaldehyde, Glutaraldehyde, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pretanning, Retanning
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Viswaat Chemicals
- Abhilash Chemicals and Pharmaceuticals
- Indofil Industries
- Syntans & Colloids
- TRUMPLER
- ZSCHIMMER & SCHWARZ
- BASF
Highlights of The Aldehyde Tanning Agents Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Formaldehyde
- Glutaraldehyde
- Others
- By Application:
- Pretanning
- Retanning
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aldehyde Tanning Agents Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aldehyde tanning agents are chemicals that help the body to produce melanin, which is responsible for the color of your skin.
Some of the major companies in the aldehyde tanning agents market are BASF, Viswaat Chemicals, Abhilash Chemicals and Pharmaceuticals, Indofil Industries, Syntans & Colloids, TRUMPLER, ZSCHIMMER & SCHWARZ, BASF.
The aldehyde tanning agents market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aldehyde Tanning Agents Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aldehyde Tanning Agents Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aldehyde Tanning Agents Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aldehyde Tanning Agents Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aldehyde Tanning Agents Market Size & Forecast, 2020-2028
4.5.1 Aldehyde Tanning Agents Market Size and Y-o-Y Growth
4.5.2 Aldehyde Tanning Agents Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Formaldehyde
5.2.2 Glutaraldehyde
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pretanning
6.2.2 Retanning
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aldehyde Tanning Agents Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aldehyde Tanning Agents Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Formaldehyde
9.6.2 Glutaraldehyde
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pretanning
9.10.2 Retanning
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Formaldehyde
10.6.2 Glutaraldehyde
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pretanning
10.10.2 Retanning
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Formaldehyde
11.6.2 Glutaraldehyde
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pretanning
11.10.2 Retanning
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Formaldehyde
12.6.2 Glutaraldehyde
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pretanning
12.10.2 Retanning
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Formaldehyde
13.6.2 Glutaraldehyde
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pretanning
13.10.2 Retanning
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aldehyde Tanning Agents Market: Competitive Dashboard
14.2 Global Aldehyde Tanning Agents Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Viswaat Chemicals
14.3.3 Abhilash Chemicals and Pharmaceuticals
14.3.4 Indofil Industries
14.3.5 Syntans & Colloids
14.3.6 TRUMPLER
14.3.7 ZSCHIMMER & SCHWARZ
14.3.8 BASF
