Synthetic Leather Industry Global Market Size 2019 Leading Growth Drivers, Emerging Audience, Global Segments, Sales, Profits & Regional Study 2023

Global Synthetic Leather Market by Type (Polyurethane (PU), Polyvinylchloride (PVC) and Bio-Based), by End Use (Footwear, Furniture & Upholstery, Automotive, Clothing, Accessories, Sports, Electronics, and Others) and by Region till 2023
Synthetic Leather Key Players Profiles:

DuPont Tate & Lyle Bio Products, Mayur Uniquoters Limited, NAN YA PLASTICS CORPORATION, KURARAY CO., LTD., SAN FANG CHEMICAL INDUSTRY CO., LTD., TEIJIN LIMITED, H.R. Polycoats Pvt. Ltd. (India), FILWEL CO.,LTD., Yantai Wanhua Synthetic Leather Group Co., Ltd., and TORAY INDUSTRIES, INC., among others.

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Industry/ Innovation/ Related News:

July 2017- Anli Group announced to construct a polyurethane leather plant in Binh Duong province, Vietnam. The plant will have a production capacity of 12 million meter/year polyurethane with two dry and two wet production lines. With this expansion the company will be able to strengthen its position among global polyurethane manufacturers.

March 2017- Toray Industries announced to spend USD 276.87 Million for the expansion of its synthetic leather output in Italy. This expansion will help Toray Industries to meet the growing demand for synthetic leather.

April 2016- Teijin Cordley limited a subsidiary of Teijin’s Group announced to launch a new high grade synthetic leather named as Maestley. The company expanded its series of Maestley products by adoption of natural leather processing procedures. With this product launch the company extend its product portfolio and strengthen its position among major operating players in this market.

July 2015- Flokser Group, one of the leading manufacturer of leather and fabric developed artificial leather fabric using bio based materials delivered by BioAmber Inc. and DuPont Tate & Lyle Bio Products. Flosker launched its synthetic leather fabric under its SERTEX brand. This product launch will help company to meet the increasing need of synthetic leather in the market.

Segmentation

The global synthetic leather market is segmented on the basis of product, end use, and region Based on type the market is divided into polyurethane (PU), polyvinylchloride (PVC) and bio-based. On the basis of end use the global synthetic leather market is segmented into footwear, furniture & upholstery, automotive, clothing, accessories, and sports, among others. Regionally, there five major regions in which the market is divided. It includes, Asia Pacific, Europe North America, Latin America, and Middle East & Africa.

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Geographical Outlook

Geographically, there are five key regions in which the global synthetic leather market is spanned across. It includes Asia Pacific, Europe North America, Latin America, and Middle East & Africa. Among these regions, Asia Pacific is the largest market owing to the growth of footwear, automotive and construction industry. India, Japan and China are the leading markets in this region on account of an increasing investment in major end uses of synthetic leather.

Europe is following Asia Pacific in terms of market size in the global synthetic leather market. Major contributors to the regional market of Asia Pacific are U.K, France, Germany and Italy. Aerospace and automotive industries in Europe are the major consumers of synthetic leather along with the growing use in footwear and accessories segment in this region which, in turn, is driving the growth of regional market.

North America is a substantial region in the global synthetic leather market, which is closely following Europe. U.S. is the largest market in this region owing to the presence of well-established end use industries such as automotive, aerospace along with sports industry. In U.S. there is a constant rise in the reconstruction and household revamping activities intended to manufactures sustainable and attractive homes. This is expected to favor market of synthetic leather in this region. Latin America is witnessing a steady growth of end use industries in countries namely Brazil and Argentina. The pacifying economic and political scenario in the region would push the growth in regional market forward.

DC Description

synthetic leather
artificial leather
faux leather material
imitation leather fabric
vegan leather fabric
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

4.1 Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of Substitutes

4.1.4 Segment Rivalry

4.2 Value Chain/Supply Chain Of Global Synthetic Leather Market

5 Industry Overview Of Global Synthetic Leather Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact Analysis

7. Global Synthetic Leather Market By Type

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