The global leather tanning machinery market was valued at over $41 billion in 2015 and is expected to surpass $50 billion by 2020, says Technavio.
Technavio has announced its latest market research report on leather tanning machinery to its engineering tools portfolio. This market analysis discusses the major drivers and key emerging trends that will influence the growth of the global leather tanning machinery market during the forecast period 2016-2020. Some of the top vendors listed in this industry analysis include Aletti Giovanni & Figli, Cartigliano, Fratelli Carlessi, Gozzini, and Poletto.
In terms of geographical analysis, APAC will be the largest region in the global market, reaching revenues of more than $27 billion by 2020. China, India, and Vietnam will emerge as the key revenue-generators.
“The vendors in the market are replacing polluting chrome tanning agent with optically active unnatural d-amino acids with an aldehyde to promote eco-friendly products. Unnatural amino acids are stabilized protein structures and are less prone to enzymatic reactions than natural peptides. These agents have a propensity to stabilize the collagen triple helix of the skins and hides, by preventing the skin from proteolytic activity,” says Gaurav Mohindru, a lead analyst at Technavio for research on engineering tools.
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The new industry research report from Technavio analyzes some of the key drivers and trends responsible for the growth of this market and its sub-segments.
Development of slaughter-free leather
The researchers are developing lab-cultured leather, which does not require slaughtering of animals to meet the high requirement for animal-based products. In this method, the cells sourced from bred animals are grown in the lab in sheets, which is developed into layers, and later fused with the help of tanning agents. Subsequently, it is finished and designed into leather products. Lab-grown leather can be reliably made with minimal wastes, and uses 99% less land, with significant savings on water, energy use, and GHG emissions. It also eliminates the need for traceability and welfare monitoring.
Anaerobic digesters to produce biogas from tannery wastes
The use of anaerobic digestion such as bio-methanation can efficiently convert tannery wastes into energy and reduce pollution, recover bio-energy potential as biogas, eliminate uncontrolled methane emissions and odor, and produce a stabilized residue, which is used as a low-grade fertilizer. This method includes a process of degradation of a large part of the organic matter that is contained in the sludge and tannery solid wastes and can be biologically stabilized to use it in agriculture. The increased use of anaerobic digestion helps manufacturers reduce pollution and environmental degradation.
UNIDO Leather Panel’s grading of hides and skins: Blueprint for market
Recently, the paper, Regional Africa Hides and Skins, Leather and Leather Products Improvement Scheme, drafted by the United Nations Industrial Development Organization (UNIDO) in 1991, was re-introduced and applied to tanners and the leather industry for implementation in their processes. This program mentions the guidelines for grading of hides and skins by quality, classifies the grades of leather products and highlights the techniques of various leather production processes like trimming according to ISO and BS standards. This programs ensures more organized manufacturing processes and helps vendors provide superior quality skins and hides to the consumers.
Other prominent vendors identified in this report Bergi, Ficini-Dueffe, Gemata, Macchi & Salvadori, Thema System, and Turner.
This research report includes an in-depth analysis and market shares and sizes of the sub-segments and geography. It provides a comprehensive analysis of the key companies, including their market shares, business overview, key financials, etc. The market study also offers a detailed analysis of key drivers, challenges, and opportunities influencing this market.
A more detailed analysis is available in the Technavio report titled, ‘Global Leather Tanning Machinery Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Leather and Allied Products Market in Turkey 2016-2020
- Global Leather Goods Market 2016-2020
- Handbags Market in Europe 2015-2019
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