Deliming Agent Market Is Projected to Expand At A CAGR Of 6.9% Between 2024 And 2032

04 Dec 2023

The leather and textile industries depend on the deliming agent market to remove lime and impurities for high-quality products. Due to the rise of the leather and textile sectors, strict environmental restrictions, and deliming agent technology, the market is predicted to grow 6.9% from 2024 to 2032. Still, raw material price changes force enterprises to use cost control measures. Acid deliming agents are driving market expansion, especially in Asia Pacific. Market leaders provide innovative and sustainable deliming agents to fulfill leather and textile industry needs.

Leather expansion drives the deliming agent market. The leather sector grew in 2023 due to the demand for leather products in fashion, automobile, and furnishings. Leather tanning requires deliming chemicals, especially acid deliming agents. Their use efficiently removes lime and other impurities from rawhide, producing high-quality leather. The deliming agent market is predicted to develop from 2024 to 2032 as leather product demand rises. The leather and textile industries boost the deliming agent market. Salt deliming agents are used in the textile industry to eliminate impurities and improve quality. The textile industry expanded in 2023 due to rising garment and textile demand. Dliming agent demand will rise throughout the forecast as the textile sector grows.

The tanning and textile industries' strict environmental standards drive the deliming agent business. To reduce chemical pollution in waterways, several regions implemented environmental guidelines in 2023. Thus, enterprises have to adopt eco-friendly practices and deliming agents with lower environmental impact. This sustainability push should continue throughout the forecast.

Continuous deliming agent innovation is the third driver. Manufacturers invest in R&D to generate more efficient and high-quality deliming agents that reduce processing time and resource use. Deliming agents become more versatile and eco-friendly in 2023 due to formulation improvements. Industry adoption of these upgraded goods is likely to fuel market expansion throughout the forecast period.

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Raw material price fluctuations limit the deliming agent industry. Liming agent raw material prices fluctuated in 2023. This influenced manufacturing prices, causing pricing issues for producers and consumers. Raw material price volatility is expected to persist over the forecast, forcing firms to apply cost management methods.

In 2023, acid deliming agents had the largest revenue and CAGR from 2024 to 2032. Acid deliming agents have been widely utilized in the leather industry to remove lime and impurities from hides and skins. Salt deliming agents are significant, but acid deliming agents are likely to lead in revenue and growth.

Low nitrogen deliming agents dominated revenue and CAGR in 2023. These compounds work well to delime hides and skins while reducing nitrogen, which is vital for environmental compliance. Due to the growing preference for low-nitrogen alternatives, nitrogen-free deliming agents are also significant but predicted to have a lower CAGR.

Asia Pacific led the deliming agent market in revenue and CAGR in 2023. This is due to the region's strong leather and textile industries and environmental consciousness. North America and Europe have high revenue but lower CAGRs due to market maturity. Asia Pacific should retain revenue leadership and robust growth during the forecast.

BASF SE, Clariant AG, Lanxess AG, Trumpler GmbH & Co. KG, Sepi Kimya, Buckman, Corichem S.r.l., Farayand Kimiyaye Shargh, Brother Enterprises Holding Co., Ltd., Quimipiel, ATC Tannery Chemicals, HOSTA Group, Silvateam, Viechemie, and KDK Kimya are major deliming agent players. These companies lead innovation by investing in R&D to generate more efficient and sustainable deliming agents. In 2023, these industry leaders gained significant market shares and are anticipated to keep them from 2023 until 2031. Their initiatives include producing low-nitrogen and nitrogen-free deliming agents to meet environmental requirements, extending their product portfolios, and working with tanning and textile sectors to assure product efficacy.

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