Press release
Synthetic Leather Market 2019 Global Industry Analysis by Top Key Players | DuPont Tate & Lyle Bio Products, Mayur Uniquoters Limited, NAN YA PLASTICS CORPORATION, KURARAY CO., LTD
Synthetic Leather Market
Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/4403
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.
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.
Market Overview:
Synthetic or artificial leather, also known as bicast leather is a fabric made of artificial materials such as polyurethane (PU), polyvinylchloride (PVC) and other bio-based materials, which are processed, dried and heated to resemble real leather. The synthetic leather is used as a substitute for real leather in diverse end uses including, clothing, footwear, upholstery, furniture and fabric, among others. It is majorly used in applications where a leather-like finish and appearance is required but the real leather is cost intensive, unsuitable and prohibitive due to ethical reasons. Artificial leather consists of a cloth base which is coated with a synthetic resin so that it resembles animal hide on the surface. The product is marketed under many names, such as "leatherette", "faux leather", "vegan leather", "PU leather" and "pleather". This type of leather-like material is one of the most durable materials on the market. The material comes with no seams which prevents the water to seep inside and cause damage to the material. Synthetic leather exhibit some important properties which makes it preferable and advantageous over real leather. It includes, easy to wash, moisture resistance, greater durability and the most importantly cost effectiveness. The major end users of synthetic leather includes, footwear, furniture & upholstery, automotive, clothing, and accessories, among others.
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.
Full report on Synthetic Leather Market report spread across 140 pages, profiling 15 companies and supported with tables and figures available @ https://www.marketresearchfuture.com/reports/synthetic-leather-market-4403
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.
In coming years the opportunities for the Middle East & Africa may join the stream with the leading regions due to emerging end use industries namely building & construction and sports, which would help propel the growth of the regional market.
Intended Audiences:
Synthetic leather Manufacturers
Traders and distributors of synthetic leather
Research and development institutes
Potential investors
Raw material suppliers
Nationalized laboratory
DC Description:
synthetic leather
artificial leather
faux leather material
imitation leather fabric
vegan leather fabric
WantStats Research and Media Pvt. Ltd. Office No. 528, Amanora Chambers Pune - 411028 Maharashtra, India
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.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Synthetic Leather Market 2019 Global Industry Analysis by Top Key Players | DuPont Tate & Lyle Bio Products, Mayur Uniquoters Limited, NAN YA PLASTICS CORPORATION, KURARAY CO., LTD here
News-ID: 1810848 • Views: …
More Releases from Market Research Future
Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing You …
Hydrofluoric acid (HF) is a crucial chemical compound with a wide range of applications across various industries. Despite its hazardous nature, it plays an essential role in manufacturing processes, especially in the production of fluorine compounds. The global hydrofluoric acid market has been witnessing steady growth, driven by demand from end-user industries such as oil refining, pharmaceuticals, and electronics.
The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over…
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reachi …
In recent years, the global market for palm methyl ester derivatives has witnessed significant growth, driven by various factors including environmental concerns, technological advancements, and the increasing demand for sustainable alternatives in various industries. Palm methyl ester derivatives, derived from palm oil, have emerged as versatile ingredients with applications spanning across sectors such as cosmetics, pharmaceuticals, lubricants, and more.
The Palm Methyl Ester Derivative Market Size was valued at USD 1.5…
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 20 …
The Asia-Pacific ceramic tiles market has been witnessing robust growth, driven by various factors such as increasing investments in residential and commercial construction, renovation activities, and the growing preference for aesthetically pleasing and durable flooring solutions. Countries like China, India, Japan, and South Korea have been leading the market growth, supported by strong manufacturing capabilities, technological advancements, and evolving consumer preferences.
Asia-Pacific Ceramic Tiles Market Size was valued at USD 141.2…
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by …
The APAC wallpaper market has witnessed significant growth in recent years, driven by factors such as rising disposable incomes, expanding construction activities, and growing awareness regarding interior decor. Countries like China, India, Japan, South Korea, and Australia have emerged as key contributors to the region's wallpaper market. Additionally, the increasing adoption of innovative wallpaper designs and patterns is fueling market growth further.
APAC Wallpaper Market Size was valued at USD 0.55…
More Releases for Synthetic
Global Synthetic Dye and Pigment Market, Global Synthetic Dye and Pigment Indust …
The synthetic dyes and pigments market entails of the sales of synthetic dyes and pigments by several entities (organizations, sole traders or partnerships) that manufacture synthetic organic and inorganic dyes and pigments, such as lakes and toners (excluding electrostatic and photographic). Pigments that are gained from natural minerals as well as synthetic pigments are comprised in this market. Artificial food-coloring is also comprised in this market. Synthetic dyes and pigments…
Synthetic Camphor Market
Research Dive has added a new report on the global synthetic camphor market to its repository. According to the report, the global synthetic camphor market is anticipated to hit $448.1 million by rising at a CAGR of 5.9% from 2019 to 2027. This report highlights various the important factors of the market such as key market segments, market dynamics & statistics, boomers, restraints, market players, and investment opportunities. It is…
Synthetic Spider Silk Market
Market Overview:
Synthetic spider silk is an alternative to the conventional spider silk replicating the latter’s features such as energy-absorbent nature, elasticity and strength. Water content in synthetic spider silk amounts up to 98%. Synthetic spider silk is made from hydrogel, which comprises of 98% of water and 2% of silica and cellulose. Synthetic spider silk is weaker compared to its natural counterpart, however, they are far stronger compared to other…
Synthetic Biology Market – Europe
Synthetic Biology Market Europe is expected to reach USD XX Billion by 2026 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report).
Synthetic biology has expanded into various interdisciplinary fields that may be defined as the combination of artificial design and engineering to produce biological systems, chemicals or living organisms. Synthetic biology is also used for improving applications…
Synthetic Diamond Market | Key Players - Include Element Six (E6), Applied Diamo …
As per the current market trends and the promising nature of the Global Synthetic Diamond Market, it can be estimated that the future holds positive outcomes. In order to provide a deep insight about the concerned market, Market Research Reports Search Engine would be publishing a resourceful analysis that will enclose knowledge about the regional market size, revenue and opportunity status. Readers will be offered the privilege to decode various…
Non-tire Synthetic Market Report 2018: Segmentation by Product (AAA Non-tire Syn …
Global Non-tire Synthetic market research report provides company profile for NKNH, Lion Elastomers, JSR, Zeon, Kraton, TSRC, Lanxess, KUMHO Petrochemical, Exxon Mobil, Goodyear, Polimeri Eruopa, Sibur and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025,…
