Synthetic Leather (Artificial Leather) Market by type (Polyurethane, Polyvinyl Chloride, Bio-based), By End-User (Footwear, Furnishing, Automotive, Clothing, Bags, Purses & Wallets, Sports, Electronics), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America) and Forecast
The Synthetic Leather (Artificial Leather) market size is projected to reach a CAGR of 4.7% to 2028.
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Key Players
· Kuraray Co. Ltd.
· San Fang Chemical Industry Co. Ltd.
· Teijin Limited
· Mayur Uniquoters Limited
· NAN YA plastics corporation
· Filwel Co. Ltd.
· Zhejiang Hexin Industry Group Co.Ltd.
· Alfatex N.V.
· H.R. Polycoats Pvt. Ltd.
· Yantai Wanhua Synthetic Leather Group Co. Ltd. and More
The surged demand from the footwear industry along with the advantages offer by synthetic leather over the conventional one are some of the factors that have supported long-term expansion for Synthetic Leather (Artificial Leather) Market.
Recent Developments
In January 2020, NISSHA Corporation and Kuraray Co., Ltd. Partned over a project dedicated for the development of “Material Insert” using artificial leather “Clarino”
Synthetic Leather (Artificial Leather) Market is segmented into type, end-use industry, end-users, and region.
On the basis of Type
· PU-Based
· PVC Based
· Bio-based
On the basis of End-User
· Footwear
· Furnishing
· Automotive
· Clothing
· Bags
· Purses & Wallets
· Sports
· Electronics
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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