Press release
Synthetic Leather Market 2019 Ravishing at a Peak Growth | Alfatex Italia SRL, FILWEL Co., Ltd., H.R.Polycoats Pvt. Ltd., Kuraray Co., Ltd, Mayur Uniquoters Limited, Nan Ya Plastics, San Fang Chemical Industry Co., Ltd
Synthetic Leather Market
Synthetic or artificial leather is a widely used substitute for leather. Unlike real leather, it does not rely on animal hide for production and is free from animal cruelty. Synthetic leather such as polyurethane leather is water-proof, soft, supple and much lighter than real leather. Also, synthetic leather is unaffected to cracks or fading, by sunlight and can be dry-cleaned. Thereby making it ideal for use in automobiles and clothing.
Top key players:
Alfatex Italia SRL, FILWEL Co., Ltd., H.R.Polycoats Pvt. Ltd., Kuraray Co., Ltd, Mayur Uniquoters Limited, Nan Ya Plastics Corporation, San Fang Chemical Industry Co., Ltd., Teijin Limited, Wanhua Chemical Group Co., Ltd., Zhejiang Hexin Holdings Co., Ltd.
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The reports cover key developments in the Synthetic Leather market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players.
Market Segmentation:
Based on Product Type:
• PU
• PVC
• Bio-based
Based on Application:
• Furnishing
• Automotive
• Footwear
• Bags & wallets
• Clothing
Regional Analysis:
• North America
• Europe
• Asia-Pacific (APAC)
• Middle East and Africa (MEA)
• South & Central America
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The report analyzes factors affecting Synthetic Leather market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Synthetic Leather market in these regions.
The report also includes the profiles of key Synthetic Leather companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
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