openPR Logo
Press release

Microfiber Synthetic Leather Market Scenario Highlighting Major Drivers & Trends, 2017-2026 | Key Players are Toray, Wenzhou Imitation Leather, Alfatex, etc.

09-11-2019 11:54 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Microfiber Synthetic Leather Market Scenario Highlighting

Fact.MR has published a new research report on global microfiber synthetic leather market sizes, upcoming industry trends and growth opportunity through 2017-2026 to its online database that tries to unveil the various scenarios prevailing in the microfiber synthetic leather market. This assessment delivers a smart compilation of primary and secondary data which provides a clear insight about the future plans expected to impact the microfiber synthetic leather market. This study comprises of prominent data which makes it a beneficial source for investors, analysts and industry experts to acquire necessary knowledge associated to the fundamental market trends, opportunities and growth drivers.

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.

Contact Us

FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/

About FactMR

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:

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 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: 177

More Releases from Fact.MR

Stringent Food Regulations and Increasing Consumer Health Consciousness Will Hel …
According to the latest report published by Fact.MR, titled “Natural Food Color Additives Market: Global Industry Analysis and Opportunity Assessment, 2019–2029,” the global natural food color additives market is anticipated to grow at a CAGR of more than 5% during the forecast period in terms of value. With the growing awareness of the masses towards using clean label products, the usage of natural food color additives has been gaining traction.
Expansion of Coal-fired Plants Fostering the Demand for Industrial Air Preheater …
Global sales of industrial air preheater reached ~ 450 units in 2018, as disclosed by the new research study by Fact.MR. According to the report, the industrial air preheater market is predicted to grow by ~3.2% YoY in 2019, primarily influenced by the prominent players investing in manufacturing operations in the global industrial air preheater landscape. According to the research, increasing center of attention on new developments and demand in various
09-19-2019 | Health & Medicine
Fact.MR
Sales of Ambulance Cots to Gather Pace in Line With Growing Number of EMS Provid …
Fact.MR published a report on the ambulance cots market that includes the global industry analysis 2014 – 2018 and forecast 2019 – 2029. The ambulance cots market report projects that the ambulance cots market is expected to reach ~ US$ 223 Mn by the end of 2019 in terms of value, and is estimated to reach ~ US$ 273 Mn by the end of 2029. Launch of New Ambulance Services and
Implementation of Rigorous Emission Regulations in the Automotive Industry to Fu …
The global fluoroelastomers demand reached over 26,000 tons in 2018 as per the new research study carried out by Fact.MR and the market is valued at US$ 1 billion. According to the report, the fluoroelastomers market is expected to grow at 2.7% CAGR over the forecast period. The growth can be attributed to the developments in the automotive industry, replacement of old non-fluoroelastomers material in the automobiles and increasing adoption

All 5 Releases


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