Microfiber Synthetic Leather Market Scenario Highlighting Major Drivers & Trends, 2017-2026 | Key Players are Toray, Wenzhou Imitation Leather, Alfatex, etc.
Get A Sample Copy of Market Report Here - https://www.factmr.com/connectus/sample?flag=S&rep_id=398
FactMR Report examines global microfiber synthetic leather market for the forecast period 2017–2026. Prime purpose of the report is to find opportunities and trends in the market and provide insights pertaining to segments of the global microfiber synthetic leather market. To understand the opportunities and trends in this market, the report is categorically divided into three sections namely on the basis of product type, application, and region. The report analyzes global microfiber synthetic leather in terms of value (US$) and volume (‘000 units).
Microfiber leather is a type of synthetic leather where ultra-fine microfiber bundles and high grade polyurethane resin are combined together to imitate the infinitesimal structure of leather. The procedure used to create microfiber leather gives the final product a similar amino structure almost identical to genuine leather. Microfiber leather is a comparatively new technology in the market that has only recently been incorporated into several applications. Global microfiber synthetic leather market is anticipated to witness significant revenue growth over the forecast period. Rapid changes in lifestyle has led to shift in consumer preference from animal leather to microfiber synthetic leather. As a result, domestic and international companies are making major investments in synthetic leather instead of real leather. Because of magnificent performance, microfiber synthetic leather has been the best vegan leather, the optimal substitute of real leather and the best leather alternative materials, can replace leather perfectly.
However, high cost price of microfiber synthetic leather is a prime challenge for leather substitute industries.
Microfibers are 100 times finer than human hair. The fineness of microfibers creates durability and flexibility in the fabric. Leather is made from the hide of a cow or other animal that has undergone a tanning process before being upholstered onto a sofa. Microfiber is purchased by the yard. Leather is purchased by the hide. This in turn, significantly increases costs associated with microfiber synthetic leather. PVC-Based Synthetic Leather accounts for one-third of total microfiber synthetic leather market. However, Microfiber Synthetic Leather market is expected to expand at a CAGR of 4.9% over the forecast period. Furnishing segment is expected to dominate microfiber synthetic leather market over the forecast period. However, rapidly growing number of automotive requirements are creating high growth opportunities for microfiber synthetic leather market.
audiences with a dashboard view. Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the microfiber synthetic leather space. Key players in the global microfiber synthetic leather market includes Huafon Group, Kuraray, Toray, Wenzhou Imitation Leather, Alfatex, Zhejiang Hexin Industry Group Co., Ltd., Anhui Anli Material Technology Co., Ltd., Kunshan Xiefu Artificial Leather Co., Ltd., Shandong Tongda Textile Machinery (group) Co.,Ltd., Tongda Island, Double Elephant, Topsun Micro Fiber, Yantai Wanhua Synthetic Leather Group Co., Ltd., Teijin Cordley, Asahi Kasei Mayur Uniquoters Limited, Xiangyu Xinghong, Clarino, Kolon Industries, San Fang Chemical Industry Co., Ltd., Wanhua Micro Fiber, Jeongsan International, Meisheng Group, FILWEL, Huafeng Group, Fujian Tianshou, Ecsaine, Sanling Micro Fiber, SISA, NPC, Ecolorica, H.R.Polycoats Pvt. Ltd., others.
Ask Industry Expert about this Report here – https://www.factmr.com/connectus/sample?flag=AE&rep_id=398
In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR but also analyze on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities. Also, another key feature of this report is the analysis of all key segments in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global microfiber synthetic leather market.
11140 Rockville Pike
Rockville, MD 20852
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
This release was published on openPR.
Permanent link to this press release:
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 Microfiber Synthetic Leather Market Scenario Highlighting Major Drivers & Trends, 2017-2026 | Key Players are Toray, Wenzhou Imitation Leather, Alfatex, etc. here
News-ID: 1832065 • Views: 332
More Releases from Fact.MR
Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Ho …
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On
Plastic Tray Market Showcases Future Status of Prime Manufacturers Across Major …
The new report on the global plastic tray market gives estimations of the size of the international market and the overall size and share of key regional segments during the historical assessment period of 2013 - 2017. The overall outlook for the Plastic Tray Market is likely to remain sluggish, with the plastic tray market expected to reach CAGR of 3.6% in terms of revenue during 2018-2027. The business knowledge
MRI-guided Radiation Therapy Systems Market Leading Manufacturers Expected to Mo …
With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global MRI-guided radiation therapy systems market as well as the factors responsible for such a growth. Our highly dedicated professionals have provided critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research. Access Research Methodology Prepared By Experts - https://www.factmr.com/connectus/sample?flag=RM&rep_id=2572 We leverage space-age industrial and digitalization tools
More Releases for Micro
Global Micro Scales Market Research
Global Micro Scales Market Research Micro Scales advertise is foreseen to develop at a CAGR of XX% by 2023, as per another Global Micro Scales Market Research report distributed by Research Vector Inc. The report fragments the market and gauges its size, by volume and esteem, based on application, side-effects, and by geology (North America, Europe, Asia-Pacific, MEA and South America). The Global Market for Micro Scales to 2023 offers
Global Micro Welding Equipment Market 2018 | Pro-Fusion, OR Laser, Micro Product …
This report studies the global Micro Welding Equipment market status and forecast, categorizes the global Micro Welding Equipment market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa). . . – Get Sample Report_https://www.researchmoz.us/enquiry.php?type=S&repid=1844824 ' ' The global Micro Welding Equipment market is valued
Digital Assurance Market Analysis 2018 And Global Top Vendors Profile Micro Focu …
The Global Digital Assurance Market accounted for USD 2.81 billion in 2017 and is projected to grow at a CAGR of 14.1% the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. Global Digital Assurance Market By Testing Mode (Manual testing and Test automation), By Testing Type (Application Programming Interface
Micro Inverter Market
Global Micro Inverter Market would reach $2.7 billion by 2022. In 2014, North America dominated the market and contributed about 45% share of the overall market revenue, followed by Europe, according to a new report published by Allied Market Research.The presence of key market players in the U.S. and rising micro inverter installation activities, primarily in residential sector, have fueled the market growth. Swift rise in demand for greater efficiency of
2017 - 2020: Small Animal Imaging Global Market (Micro-CT, Micro-MRI, Micro-PET/ …
ResearchMoz presents this most up-to-date research on "2017 - 2020: Small Animal Imaging Global Market (Micro-CT, Micro-MRI, Micro-PET/SPECT, Multimodal, Micro-Ultrasound and Micro-PAT)". Small animal imaging technology has marked itself as the most useful tool in preclinical research globally. The technology has proved to be of great importance in developmental biology studies and drug development research programs. Being non-invasive, longitudinal studies are possible with accurate and detailed analysis. The global small animal
What is Scalp Micro Pigmentation?
Micro Scalp Pigmentation also know as Scalp Micro Pigmentation which is offered by Phuket Hair Clinic in Thailand. This procedure is ideal for people wanting a long term hair loss solution and having a lovely holiday on the island of Phuket at the same time. Micro Scalp Pigmentation is a method of depositing pigment into the dermal layer of the skin on the scalp, which replicates hair follicles. When viewed from