Artificial Leather Market 2018 Growth Prediction and Industry Challenges by Top 5 Company Profiles | Filwel Co. Ltd , H.R.Polycoats Pvt. Ltd , Alfatex ITALIA , Mayur Uniquoters Ltd. , San Fang Chemical industry

Artificial Leather Market 2018 Industry report gives a comprehensive account of the Global Artificial Leather market. Details such as the size, key players, segmentation, SWOT analysis, most influential trends, and business environment of the market are mentioned in this report. Furthermore, this report features tables and figures that render a clear perspective of the Artificial Leather market.

Strategic market of Global Artificial Leather market is expected to grow at ~7.9% CAGR during 2016-2022

Market Scenario:
Commenting on this report, an analyst from Market Research Future (MRFR)’s team said, “Global Artificial Leather market size is expected to grow at ~38.2 billion by 2022.

The artificial leather market witnessed a potential growth owing to growing environmental concern regarding killing of animals which led to development of artificial leather across end user industries. Artificial leather is durable, cost effective and stain resistance which makes it more attractive then real leather. Growing fashion industry along with changing taste of people has shifted the demand for artificial leather across the industry. Wide variety of goods are produced from artificial leather. They are luggage, wallets, bags, jackets, car interiors, mobile cases and covers, sofas etc. Thus, growing application has boosted the demand for artificial leather market.

Receive a Sample Report Copy @ https://www.marketresearchfuture.com/sample_request/2426

ENABLING PARTICIPANTS:

• Filwel Co. Ltd

• H.R.Polycoats Pvt. Ltd

• Alfatex ITALIA

• Mayur Uniquoters Ltd

• San Fang Chemical industry

• Kuraray Co. Ltd

• Asahi Kasei Corporation

• Huafon Group

• Toray Industries

Product Segment analysis:
Artificial leather is available mainly in two forms polyurethane (PU) and polyvinyl chloride (PVC). PU based artificial leather is leading segment over the forecasted period 2016-2022. Pleather is low cost artificial material made from plastic materials which are lighter in weight. Both PU based and PVC based artificial leather comes under pleather. PU based artificial leather is easier to clean and environment friendly compared to PVC based artificial coating, as it does not create dioxins. It offers advantages such as waterproof, lighter and softer compared to real leather and higher tensile strength.

Thus, the material is widely used in automobile and clothing industries. Further PVC is made up of additional plasticizers and dyed to PVC so that fabric is made softer. It is extensively used to make items with low stress tolerance. Thus, PU based artificial leather is more expensive than PVC based artificial leather. This can restrain the market growth of artificial leather in coming years.

End User Industry Analysis:

According to end user industry, artificial leather is segmented into automotive, furnishing, footwear, clothing, others. Footwear segment is largest end user industry of artificial leather. This is attributed to growing need of footwear according to changing climatic conditions. As artificial leather is dyed in such a way that it looks similar to real leather, it has substituted genuine leather in clothing and furnishing industries. PU based artificial leather possess strong stress tolerance which makes it viable to use in boots, shoes bags, luggage, gloves and other consumer goods. Thus, drive the artificial leather market in footwear and clothing industry. Growing concern of lightweight leather in automotive sector is anticipated drive the artificial leather over the forecasted horizon. Changing lifestyle of people according to region has also boosted the demand for artificial leather in furnishing and automobile industry.

Regional Insights:
The market is classified and analyzed on the basis of various geographic segmentation which includes; Americas, Europe, Asia-Pacific, Middle East and Africa. Out of all, Asia Pacific Artificial Leather market is largest market owing to robust industry growth of end user industry in China and India. Rapid industrializations, favorable government regulations and increase in per captia income will significantly grow the artificial leather market in emerging economies such as China, India and Japan. Rise in population leads to increase in demand for footwear, automobile, clothing etc. Thus, developing regions witnessed a high growth in artificial leather market.

The growing automotive and footwear industry in European market is anticipated to drive the demand of artificial leather. Regulations regarding animal welfare is driving the demand for artificial leather across various regions. North America witnessed a positive growth in artificial leather market owing to presence of international fashion brands across the region.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of key vendors.

Intended Audience:

• Artificial Leather manufacturers

• Traders and distributors of Artificial Leather

• Production Process industries

• Potential investors

• Raw material suppliers

• Nationalized laboratory

Get Complete Report Details @ https://www.marketresearchfuture.com/reports/artificial-leather-market-2426

Study Objectives of Artificial Leather Market:

• To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the Global Artificial Leather Market.

• To understand the supply and demand dynamics including supply and consumption concentration mapping.

• To provide region level market analysis and future outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries.

• To provide competitor positioning of the market.

• To provide company profiling of major players in the market along with their production and capacity

The report about Global Artificial Leather Market by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report further provides detail information about strategies used by top key players in the industry. It also gives a broad study about different market segments and regions.

TABLE OF CONTENTS:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.