Artificial Leather Market Growing Popularity and Emerging Trends in the Industry

The latest study released on the global 'Artificial Leather' market by AMA Research evaluates market size, trend, and forecast to 2030. The 'Artificial Leather' market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

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Some of the key players profiled in the study are:
Alfatex ITALIA (Italy), Mayur Uniquoters Limited (India), Zhejiang Hexin Industry Group (China), Yantai Wanhua Synthetic Leather Group Co. Ltd (China), NAN YA Plastics Industrial Co. Ltd (China), Teijin Limited (Japan), Kuraray (Japan) Kuraray Co. Ltd. (Japan), DuPont (United States), Uniroyal (United States), Asahi Kasei Corporation (Japan), San fang chemical industry co. ltd. (China), Toray Coatex Co. Ltd. (Japan), H.R. Polycoats Pvt. LTD. (Japan)
Artificial leather resembles similar to natural one but is less expensive and finds its applications across various domain such as clothing, footwear and automotive sectors among others. Raw materials such as Polyvinyl Chloride (PVC) and Polyurethane are used in the production of artificial leather along with excessive chemical. The use of chemicals leads to an adverse effect on the environment and key manufacturers are finding ways and means to reduce the same as production and consumption of artificial leather grow rapidly.

In April 2016, Teijin Cordley , a man made leather business announced that it has developed “Maestley”, a new substitution of natural leather.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Artificial Leather Market various segments and emerging territory.

Influencing Market Trend
• Rise in Demand for Low-Cost Versatile Leather Products
Market Drivers
• Growing Demand for Artificial Leather in Footwear Sector
• Cost Effectiveness and Advantage over Pure Leather
Opportunities:
• Changing Fashion Statement and Increase in Disposable Income in Emerging Countries
• Rising Demand for Lightweight Leather in Automotive Industry
Challenges:
• Lack of Durability Limits its Applications
• Effect on Trade Activity Owing to Slowdown in Global Economy

Analysis by Type (PVC-leather, PU-leather, Bio-leather), Application (Automotive, Clothing, Foot wear, Bags, purses & wallets, Furnishing, Others), End User Industry (Automotive, Furnishing, Footwear, Clothing, Others)

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The regional analysis of Global Artificial Leather Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.

The Regulation of the European Union (EU) on registration, evaluation, authorisation and restriction of chemicals used in the Leather Goods. Its proclaimed aim is to ensure a high level of protection of human health and the environment as well as the free

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/21708-global-artificial-leather-market?utm_source=OpenPR/utm_medium=Rahul

Highlights of the Report
• The future prospects of the global Artificial Leather market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Artificial Leather market.

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AMA Research & Media is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
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This release was published on openPR.