Press release
Synthetic Leather (Artificial Leather) Market foreseen to grow exponentially over 2021-2031
Synthetic Leather (Artificial Leather) Market
Synthetic leather is a material that is made to look and feel like natural leather, but is actually made from a variety of different materials. The most common synthetic leathers are made from polyurethane or PVC, which are both plastics. These materials are much cheaper to produce than natural leather, and can be made in a variety of different colors and patterns.
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Synthetic leather is often used in clothing, shoes, and upholstery. It is also used in many sports, such as football and baseball, where it is often used for balls and gloves. Many car seats are also upholstered with synthetic leather.
Key Trends
Some of the key trends in synthetic leather include:
Increased use in high-end applications such as automotive and furniture
Improved performance characteristics such as breathability and flexibility
More environmentally friendly manufacturing processes
Increased use of recycled materials
Key Drivers
The key drivers of the synthetic leather market are its low cost, easy maintenance, and durability. It is also resistant to water and stains, which makes it a popular choice for a variety of applications.
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Market Segments
By Product
• PU
• PVC
• Bio-Based
By Application
• Furnishing
• Automotive
• Footwear
• Bags & Wallets
• Clothing
Key Players
• Kuraray Co., Ltd.
• Toray Industries, Inc.
• Asahi Kasei Corporation
• B.F. Goodrich Company
• Teijin Limited
• Koza World.
• Anhui Jiali New Material Co., Ltd.
• BLC Leather Technology Limited
• H.R. Polycoats Pvt. Ltd.
• Nan Ya Plastics Corp.
• Alfatex Italia SRL
• San Fang Chemical Industry Co. Ltd.
• Zhejiang Hexin Industry Group Co., Ltd.
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