Press release
Global Synthetic Leather For Furniture Market is Expected to reach 12900 million US$ by 2025
Qyresearchreports include new market research report Global Synthetic Leather For Furniture Market Research Report 2018 to its huge collection of research reports.This report studies the global Synthetic Leather For Furniture market status and forecast, categorizes the global Synthetic Leather For Furniture market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
Synthetic Leather is a manmade fabric that looks like leather. It has leather like surface and is dyed and treated to make it have the look and feel of real leather. It is often used as a substitute for real leather because it is less expensive and it does not require using a real animal hide to create.
The market is very fragmented. Several leading players are adopting the strategy of competitive pricing to gain a better foothold in the market. Some of the prominent players in the market are Hornschuch, Kuraray, Toray, Teijin, Nassimi, Willow Tex, Nilco, Wenzhou Imitation Leather, Anli Group, Hexin Group, Fujian Tianshou and Shuangxiang Group. In recent years, a growing number of players are increasingly focusing on developing novel products, in order to gain a competitive edge over others.
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One trend in the market is focus on development of bio-based synthetic leather. The need for sustainability is impelling the various stakeholders, such as customers, manufacturers, and the governments, to implement the production and adoption of bio-based products. Almost 9-11% of all the chemical-based products have their raw materials sourced from renewable sources, thus, making them more environment-friendly.
One challenge in the market is harmful environmental effects of PVC processing. PU and PVC are the most common materials that are used to make synthetic leather. Among these two materials, PVC is preferred more as it is much cheaper than PU in earlier years. However, in recent times, the use of PVC is being reduced as it releases dioxins, which are hazardous chemicals. Another factor is the use of plasticizers known as phthalates. PVC, in the original form, is a very rigid substance and plasticizers must be added to make it more flexible and malleable.
The global Synthetic Leather For Furniture market is valued at 7130 million US$ in 2017 and will reach 12900 million US$ by the end of 2025, growing at a CAGR of 7.7% during 2018-2025.
The major manufacturers covered in this report
Wenzhou Imitation Leather
Hornschuch
Kuraray
Toray
Teijin
Nassimi
Willow Tex
Nilco
Anli Group
Hexin Group
Fujian Tianshou
Shuangxiang Group
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
PVC Leather
PU Leather
Others
Get more information from Report: https://www.qyresearchreports.com/report/global-synthetic-leather-for-furniture-market-research-report-2018.htm
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Household
Commercial Use
The study objectives of this report are:
To analyze and study the global Synthetic Leather For Furniture capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Synthetic Leather For Furniture manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
Key Stakeholders
Synthetic Leather For Furniture Manufacturers
Synthetic Leather For Furniture Distributors/Traders/Wholesalers
Synthetic Leather For Furniture Subcomponent Manufacturers
Industry Association
Downstream Vendors
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