#Automotive PVC and PU Leather Automotive PVC and PU Leather Market 2022

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Synthetic Leather Market worth $88.0 billion by 2028

The report "Synthetic Leather Market by Type (PU-based, PVC-based, Bio-based), End-use Industry (Footwear, Furnishing, Automotive, Clothing, Bags, Purses & Wallets), and Region (North America, Europe, Asia Pacific, MEA, South America) - Global Forecast to 2028", size was USD 68.7 billion in 2023 to USD 88.0 billion by 2028, at a CAGR of 5.1% from 2023 to 2028.

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Synthetic leather, commonly referred to as artificial leather, is a man-made material that is meant to resemble the texture and, in some instances, the appearance of real leather. It is often made from various synthetic materials, such as polyurethane (PU) or polyvinyl chloride (PVC) and is used as an environmentally friendly and frequently more cost-effective substitute for genuine leather. Although it is not created from animal hides, synthetic leather has the same texture and appearance as genuine leather. A combination of polymers, fabric backing, and coatings were used in its engineering. Synthetic leathers are used in various industries such as footwear, furnishing, automotive, clothing, bags, purses & wallets, and others such as sports, electronics, and medical.

“Bio-based synthetic leather segment is estimated to be the fastest-growing type for synthetic leather market during the forecast period 2023 to 2028.”

The synthetic leather market is projected to be experiencing significant growth in the forecasted period. The bio-based synthetic leather segment is estimated to be the fastest-growing segment in the synthetic leather market due to a combination of environmental, consumer, and technological factors. As sustainability becomes a key component of both consumer preferences and business goals, the bio-based synthetic leather market is anticipated to maintain its growth trajectory. As continued research and development, it is expected that this industry will become even more cutting-edge, providing a greater range of superior, eco-friendly substitutes for conventional leather materials.

“Footwear segment is estimated to be the largest application in synthetic leather market in 2022, in terms of value.”

The footwear segment is estimated to be the largest application in synthetic leather market in the forecasted year due to several factors. The dominance of the footwear segment in the synthetic leather market is driven by a combination of economic, aesthetic, and ethical factors. Synthetic leather offers a cost-effective solution for footwear manufacturers without compromising on quality or style. Moreover, synthetic leather's durability is a pivotal factor. It can endure the rigors of daily wear, maintaining its appearance and shape over time. Furthermore, customization options further bolster the position of synthetic leather in the footwear industry. The synthetic leather market in the footwear segment is projected to rise in the forecast year.

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“Asia Pacific was the largest region for the synthetic leather market in 2022, in terms of value.”

The Asia Pacific region's prominence as the largest market for synthetic leather can be attributed to a convergence of economic, industrial, and cultural factors. The fashion and footwear industries in the Asia Pacific region are among the largest globally, and they have embraced synthetic leather for its versatility and affordability. Moreover, the automotive industry's expansion in the region has led to increased use of synthetic leather in car interiors. Environmental concerns and animal welfare issues have also encouraged the shift toward synthetic leather, as it offers an ethical alternative to genuine leather. This combination of economic growth, industrial competence, and consumer preferences has firmly established Asia Pacific as the largest market for synthetic leather.

Key Players

The key market players identified in the report are Kuraray Co., Ltd. (Japan), San Fang Chemical Industry Co., Ltd. (Taiwan), Teijin Limited (Japan), NAN YA PLASTICS CORPORATION (Taiwan),  Wanhua Chemical Group Co., Ltd. (China), Mayur Uniquoters Limited (India), FILWEL Co., Ltd. (Japan), Zhejiang Hexin Holdings Co., Ltd. (China), Alfatex Italia SRL (Italy), and H.R. Polycoats Private Limited (India).

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Synthetic Leather Market Research Report

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)

The Synthetic Leather (Artificial Leather) market size is projected to reach a CAGR of 4.7% from 2022 to 2028.

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.

COVID-19 had a positive effect on the market, as the pandemic created various opportunities for the expansion of the market.

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Regional Analysis

APAC is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the development of industry and its expansion in the region along with the development of latest technology in the sector.

Competitive Landscape

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.

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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”

Reasons to Acquire

Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors

Gain authentic and granular data access for Synthetic Leather (Artificial Leather) Market so as to understand the trends and the factors involved behind changing market situations

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

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Report Scope

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

Read Industry Related Reports:

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Automotive PVC and PU Leather Market 2022 - Current Trends Competitive Landscape, Sales, Share, Segments, New Opportunity, Types, Size, Cost, Outlook 2028

Qurate Business Intelligence introducing new research on Global Automotive PVC and PU Leather covering micro level of analysis by competitors and key business segments (2022-2028). The Global Automotive PVC and PU Leather explores comprehensive study on various segments like opportunities, size, development, innovation, sales and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists both qualitative and quantitative detailing.

Major Key players profiled in the study

Benecke-Kaliko Kyowa Leather Cloth CGT Archilles Vulcaflex Mayur Uniquoters Scientex Berhad Fujian Polyrech Technology Wise Star Anhui Anli Material Technology MarvelVinyls Xiefu Group Super Tannery Limited Zhongtong Auto Interior Material Longyue Leather

Get Free Sample Report + All Related Table and Graphs @ https://www.qurateresearch.com/report/sample/MnE/global-automotive-pvc-and-pu-leather-market/QBI-BIS-MnE-1098385

Key Points in the Market: The key features of this Automotive PVC and PU Leather market report includes production, production rate, revenue, price, cost, market share, capacity, capacity utilization rate, import/export, supply/demand, and gross margin. Key market dynamics plus market segments and sub-segments are covered.

Key Growths in the Market: This section of the report incorporates the essential enhancements of the marker that contains assertions, coordinated efforts, R&D, new item dispatch, joint ventures, and associations of leading participants working in the market.

Product Type Segmentation PVC Leather PU Leather Application Segmentation Seats Door Panel Instrument Panel Consoles

Interpretative Tools in the Market: The report integrates the entirely examined and evaluated information of the prominent players and their position in the market by methods for various descriptive tools. The methodical tools including SWOT analysis, Porter's five forces analysis, and investment return examination were used while breaking down the development of the key players performing in the market.

Region Segmentation

North America (United States, Canada, Mexico)

South America (Brazil, Argentina, Other)

Asia Pacific (China, Japan, India, Korea, Southeast Asia)

Europe (Germany, UK, France, Spain, Italy)

Middle East and Africa (Middle East, Africa)

Basic Questions Answered

*who are the key market players in the Automotive PVC and PU Leather Market?

*Which are the major regions for dissimilar trades that are expected to eyewitness astonishing growth for the

*What are the regional growth trends and the leading revenue-generating regions for the Automotive PVC and PU Leather Market?

*What are the major Product Type of Automotive PVC and PU Leather?

*What are the major applications of Automotive PVC and PU Leather?

*Which Automotive PVC and PU Leather technologies will top the market in next 5 years?

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

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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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PVC & PU Leather for Automotive Interior Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2028

PVC & PU Leather for Automotive Interior Market – Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2028

The Global pvc pu leather for automotive interior market focuses on encompassing major statistical evidence for the Global pvc pu leather for automotive interior market industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market. A comprehensive addition of several factors such as global distribution, manufacturers, market size, and…

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Faux Leather Market Research Report 2021 - Industry Size, Share, Demands, Regional Analysis & Estimations Till 2027

The Faux Leather Market Report, in its latest update, highlights the significant impacts and the recent strategical changes under the present socio-economic scenario. The Faux Leather industry growth avenues are deeply supported by exhaustive research by the top analysts of the industry. The report starts with the executive summary, followed by a value chain and marketing channels study. The report then estimates the CAGR and market revenue of the Global and regional segments.

Base Year: 2020

Estimated Year: 2021

Forecast Till: 2027

The report classifies the market into different segments based on type and product. These segments are studied in detail, incorporating the market estimates and forecasts at regional and country levels. The segment analysis is helpful in understanding the growth areas and potential opportunities of the market.

Get | Download FREE Sample Report of Global Faux Leather Market @ https://www.decisiondatabases.com/contact/download-sample-11613

A special section is dedicated to the analysis of the impact of the COVID-19 pandemic on the growth of the Faux Leather market.  The impact is closely studied in terms of production, import, export, and supply.

The report covers the complete competitive landscape of the Worldwide Faux Leather market with company profiles of key players such as:

Du Pont

Kuraray

Toray

BASF

Teijin

Hexin Group

San Fang Chemical

Anli Group

Ultrafabrics

Willow Tex

SIMNU

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Faux Leather Market Analysis by Product

PU Leather

PVC Leather

Other

Faux Leather Market Analysis by End User

Clothes

Shoes

Furniture

Automotive

Other

Faux Leather Market Analysis by Geography:

North America (USA, Canada, and Mexico)

Europe (Germany, UK, France, Italy, Russia, Spain, Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, Australia, South-East Asia, Rest of Asia-Pacific)

Latin America (Brazil, Argentina, Peru, Chile, Rest of Latin America)

The Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa, Rest of the Middle East and Africa)

Key questions answered in the report:

 What is the expected growth of the Faux Leather market between 2022 to 2027?

Which application and type segment holds the maximum share in the Global Faux Leather market?

Which regional Faux Leather market shows the highest growth CAGR between 2022 to 2027?

What are the opportunities and challenges currently faced by the Faux Leather market?

Who are the leading market players and what are their Strengths, Weakness, Opportunities, and Threats (SWOT)?

What business strategies are the competitors considering to stay in the Faux Leather market?

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DecisionDatabases.com is a global business research report provider, enriching decision-makers, and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research reports, customized research reports, company profiles, and industry databases across multiple domains. Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise, and meaningful data at a lightning speed.

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Chloromethane Market Size, Industry Applications and 2022 Forecasts

Chloromethane Market Information- by Types (Polyurethane (PU), Polyvinyl Chloride (PVC), Bio Based), by End User Industry (Automotive, Furnishing, Footwear, Clothing, Others) and by Region - Forecast to 2022

Industry News

In February 2019, Los Angeles observed the inauguration of its first vegan fashion week under the theme "Facing Our Time." The event aims at putting a ban on animal cruelty.

In December 2020, technology major Continental announced its investment of Rs 180 crore in its Indian manufacturing facility for premium surface materials such as the acella eco Chloromethane for the automotive industry. The facility is expected to start its supply to the local market by 2020.

Global Key Players

Filwel Co. Ltd (Japan)

R.Polycoats Pvt. Ltd (India)

Alfatex ITALIA (Italy)

Mayur Uniquoters Ltd. (India)

San Fang Chemical Industry Co. Ltd (Taiwan)

Kuraray Co. Ltd. (Japan)

Teijin Limited (Japan)

Asahi Kasei Corporation (Japan),

Huafon Group (Japan),

Toray Industries (Japan)

Chloromethane Market Highlights

Chloromethane also known as synthetic leather is marketed under different names such as faux leather, PU leather, pleather, leatherette and vegan leather. The growing demand of Chloromethane is due to its appearance and flexibility in using lightweight product.

Rising environmental concern along with discontinuation of animal species which are killed to obtain leather has led to shift the production to Chloromethane.

Chloromethane Market Size is expected to grow at 38.2 billion with CAGR of 7.9% from 2016 to 2022.

Complete report on Chloromethane market report spread across 140 pages, profiling 10 companies and supported with tables and figures available. Enquire more @ https://www.marketresearchfuture.com/reports/artificial-leather-market-2426

Chloromethane Segments

By type, the global Chloromethane market has been segmented into polyurethane, polyvinyl chloride, bio-based. The polyurethane segment is likely to exhibit significant growth over the next couple of years. Also, the polyvinyl chloride segment is anticipated to mark a decent CAGR during the forecast period. Both the segments are projected to signify similar growth trends such as increasing use in the clothing industry. The bio-based segment is expected to capitalize on the growing demand for eco-friendly products.

By end-user industry, the Chloromethane market has been segmented into automotive, furnishing, footwear, clothing, and others. Among these, the footwear industry is growing exceptionally owing to the predominant rise in the demand for Chloromethane. The rising demand is backed by the increase in per capita income and urbanization.

Chloromethane Regions

By region, the global Chloromethane market has been segmented into Asia Pacific, Europe, North America, and the Rest of the World (RoW). Asia Pacific is the largest market for Chloromethane. China leads the growth as it is one of the largest producers of synthetic leather. Also, factors such as industrialization, urban migration, and economic development are expected to influence the growth trajectory of the Chloromethane market in the region positively.

North America and Europe are anticipated to benefit from the growth of the end-user industries and exhibit similar growth trends. These regional market are also projected to signify substantial growth over the next couple of years.

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Synthetic Leather Market Prosperity of Automotive and Footwear Industries Driving Demand, observes TMR

A recent study by Transparency Market Research (TMR) suggests that the revenue in the global synthetic leather market is divided among a few players who have a strong manufacturing and distribution infrastructure in place. The report identifies Kuraray, SAN FANG CHEMICAL INDUSTRY CO., LTD., Asahi Kasei Corporation, Toray Coatex Co. Ltd., ALFATEX, FILWEL CO., LTD., and H.R. Polycoats Pvt. LTD. as some of the key companies currently holding position of strength in the global synthetic leather market.

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If the projections of the TMR report is to be believed, the demand in the global synthetic leather market will increment at a notable CAGR of 6.9% during the forecast period of 2017 to 2022. Increasing from its evaluated worth of US$74.6 bn in 2016, the valuation of the synthetic leather market is estimated to reach US$136.7 bn by 2022. The vendors operating in the synthetic leather market are catering to diverse application sectors, including automotive, furnishing, footwear, bags and purses, clothing, and others.

Based on end-user, the global synthetic leather market has been segmented into automobile, sporting goods, furnishings, garments, industrial fabrics, footwear, and fashion accessories including wallets, belts, and bags. In terms of revenue, automobile is the leading end-user constituting more than 40% of the global synthetic leather market.  Geographically, vastly populated Asia Pacific is currently the most profitable region, gaining traction from increasing population coupled with rising disposable income in countries such as China, India, Vietnam, and Thailand. Furthermore, rising joint ventures and capacity expansion by various manufacturers and emphasis on reducing carbon emission typically in China is also influencing the market positively in the region.

The demand in the global synthetic leather market is driven by a number of factors, such as growing demand from the footwear industry as a result of escalating population, no involvement of animal killing, which has strong support from various governments and preferred by knowledgeable consumers, and synthetic leather’s advantages over pure leather. Synthetic leather are available in variety of colors, and is cheaper than natural leather as well as superior to real leather because of its diversity in looks and use. In the recent past, artificial leather has gained popularity as ideal alternative, especially for the rapidly growing automotive industry, wherein synthetic leather is used for the production of seats, airbags, belts, seat-covers, steering cover, door panels, dashboard, rear shelves, and other interior trim. The demand for passenger cars is seen new higher each year in developing countries such as China and India. Polyurethane is now being commonly employed by the automotive industry as it is softer and offers a non-sticky feeling, unlike an animal-skin-based leather. Consequently, a number of original equipment manufacturers (OEMs) manufacturers have started to prefer it over real leather.

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https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=22364

Increasing disposable income among the urban population is driving the footwear industry, wherein consumers are now willing to pay for premium products at high cost. The demand for better fit, stylish, and comfortable shoes has escalated in the recent times. Similar traction is coming from the home and offer furniture segment. As the corporate sector flourishes in various emerging economies, the demand for sofas, chairs, and bean bags is expected to increase multiple folds, and thereby augmenting the demand in the global synthetic leather market. In the near future, the vendors operating in this market are expected to focus on the development of bio-based synthetic leather and open new revenue opportunities.

On the other hand, the harmful effects of polyurethane (PU) and polyvinylchloride (PVC) is challenging the market for synthetic leather from attaining its true potential.The information presented in this review is based on a Transparency Market Research report, titled, Synthetic Leather Market (Type – Polyurethane, Polyvinylchloride; End-user – Automobile, Furnishings, Sporting Goods, Garments, Footwear, Industrial Fabrics) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2025.

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Global Synthetic Leather Market | Prosperity of Automotive and Footwear Industries Driving Demand by 2026

A recent study by Transparency Market Research (TMR) suggests that the revenue in the global synthetic leather market is divided among a few players who have a strong manufacturing and distribution infrastructure in place. The report identifies Kuraray, SAN FANG CHEMICAL INDUSTRY CO., LTD., Asahi Kasei Corporation, Toray Coatex Co. Ltd., ALFATEX, FILWEL CO., LTD., and H.R. Polycoats Pvt. LTD. as some of the key companies currently holding position of strength in the global synthetic leather market.

Request to view Sample Report:

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=22364

If the projections of the TMR report is to be believed, the demand in the global synthetic leather market will increment at a notable CAGR of 6.9% during the forecast period of 2017 to 2022. Increasing from its evaluated worth of US$74.6 bn in 2016, the valuation of the synthetic leather market is estimated to reach US$136.7 bn by 2022. The vendors operating in the synthetic leather market are catering to diverse application sectors, including automotive, furnishing, footwear, bags and purses, clothing, and others.

Based on end-user, the global synthetic leather market has been segmented into automobile, sporting goods, furnishings, garments, industrial fabrics, footwear, and fashion accessories including wallets, belts, and bags. In terms of revenue, automobile is the leading end-user constituting more than 40% of the global synthetic leather market.  Geographically, vastly populated Asia Pacific is currently the most profitable region, gaining traction from increasing population coupled with rising disposable income in countries such as China, India, Vietnam, and Thailand. Furthermore, rising joint ventures and capacity expansion by various manufacturers and emphasis on reducing carbon emission typically in China is also influencing the market positively in the region.

The demand in the global synthetic leather market is driven by a number of factors, such as growing demand from the footwear industry as a result of escalating population, no involvement of animal killing, which has strong support from various governments and preferred by knowledgeable consumers, and synthetic leather’s advantages over pure leather. Synthetic leather are available in variety of colors, and is cheaper than natural leather as well as superior to real leather because of its diversity in looks and use. In the recent past, artificial leather has gained popularity as ideal alternative, especially for the rapidly growing automotive industry, wherein synthetic leather is used for the production of seats, airbags, belts, seat-covers, steering cover, door panels, dashboard, rear shelves, and other interior trim. The demand for passenger cars is seen new higher each year in developing countries such as China and India. Polyurethane is now being commonly employed by the automotive industry as it is softer and offers a non-sticky feeling, unlike an animal-skin-based leather. Consequently, a number of original equipment manufacturers (OEMs) manufacturers have started to prefer it over real leather.

Request for Customization @

https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=22364

Increasing disposable income among the urban population is driving the footwear industry, wherein consumers are now willing to pay for premium products at high cost. The demand for better fit, stylish, and comfortable shoes has escalated in the recent times. Similar traction is coming from the home and offer furniture segment. As the corporate sector flourishes in various emerging economies, the demand for sofas, chairs, and bean bags is expected to increase multiple folds, and thereby augmenting the demand in the global synthetic leather market. In the near future, the vendors operating in this market are expected to focus on the development of bio-based synthetic leather and open new revenue opportunities.

On the other hand, the harmful effects of polyurethane (PU) and polyvinylchloride (PVC) is challenging the market for synthetic leather from attaining its true potential.The information presented in this review is based on a Transparency Market Research report, titled, Synthetic Leather Market (Type – Polyurethane, Polyvinylchloride; End-user – Automobile, Furnishings, Sporting Goods, Garments, Footwear, Industrial Fabrics) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2025.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research State Tower,90 State Street,Suite 700, Albany NY – 12207,United States Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com

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Global Automotive Interiors Material Market Forecast 2018-2023 Future Demand, Market Analysis & Outlook to 2022

Global Automotive Interiors Material market 2018 report offers a valuable tool to assess the latest Automotive Interiors Material market statistics and market scenario. The report presents the strategies and research methodology followed to clarify the Automotive Interiors Material industry aspects. This report analyses the dynamic world Automotive Interiors Material market overview, growth opportunities, a market performance which will lead to profitability. In continuation it covers the innovations and developments taking place in Automotive Interiors Material market. Furthermore, the Automotive Interiors Material report involves company profile details of top industry leaders.  The Automotive Interiors Material report focuses on regions like  Europe, India, China, South East Asia, Japan and USA.

Global Automotive Interiors Material Market Report Scope 2018:

Global Automotive Interiors Material report depicts the competitive market scenario based on production volume, sales, and revenue. The Automotive Interiors Material report essentially includes the supply chain analysis of top players. The Automotive Interiors Material market performance on a global scale will lead to inventive business plans and profitability. Moreover, the report sheds light on Automotive Interiors Material industry landscape view, product specifications, applications. Also, the report analyzes market share of each region and Automotive Interiors Material market players. The Automotive Interiors Material report also covers the import/export details, consumer volume, Automotive Interiors Material production capacity, and price analysis.

World Automotive Interiors Material industry is studied on the basis of local, regional and global market players and their company profiles.  The study also lists all the traders, distributors, sellers, manufacturers actively involved in the Automotive Interiors Material market. Emerging and existing Automotive Interiors Material market segments planning for feasibility study will get every minute details pertaining to the industry. The report spotlights the end-users, local and global Automotive Interiors Material vendors, up-to-date product launch events, industry news. Automotive Interiors Material report evaluates product classifications, definitions, applications, Automotive Interiors Material industry landscape scenario, price structures along with development plans and policies.

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Global Automotive Interiors Material Market Report analyses following key aspects of the market:

1. Competitors Review of Automotive Interiors Material Market:

This section explains the competitive landscape scenario seen among top Automotive Interiors Material players comparatively. Also describes their company profile, revenue, sales, business tactics and forecast Automotive Interiors Material industry situations. Top manufacturers are  Faurecia S.A., Sage Automotive Interiors inc., Lear Corporation, Dow Chemical Company, LLC, Eagle Ottawa, BASF S.E., Katzkin Leather Interiors Inc., International Textile Group Inc., E. I. DU Pont DE Nemours, DK Leather Corporation Berhad, Johnson Controls Inc. and Borgers A.G..

2. Production Review of Automotive Interiors Material Market:

This part reviews production volume, capacity with respect to major Automotive Interiors Material regions, and the price. Likewise, it covers Automotive Interiors Material product type that are  Artificial PU Leather, Synthetic Leathers, Artificial PVC Leather, Thermoplastic Polymers, Genuine Leathers and Fabrics. Applications of Automotive Interiors Material Market are Application 2 and Application 1.

3. Sales Margin and Revenue Review of Automotive Interiors Material Market:

It reviews based on key regions, price, revenue and target Automotive Interiors Material consumer.

4. Supply and Demand Review of Automotive Interiors Material Market:

It illustrates the supply/demand seen in major regions along with Automotive Interiors Material import/export scenario.

5. Other key reviews of Automotive Interiors Material Market:

Further, Automotive Interiors Material study contains company website, number of employees, contact details of major players. The report then presents potential consumers and suppliers of Automotive Interiors Material market. Also, the strengths, opportunities, Automotive Interiors Material market driving forces and market restraints are studied in this report.

Enquire for Report @: https://market.biz/report/global-automotive-interiors-material-market-icrw/83632/#inquiry

The global Automotive Interiors Material market report will be useful guidance material for below aspirants:

Leading Automotive Interiors Material players

Producers of major Automotive Interiors Material components, distributors, suppliers, target consumers and others

Major Automotive Interiors Material service providers

Potential Automotive Interiors Material users and target industries

Annual product launch events, up-to-date Automotive Interiors Material market trends, and upcoming technologies will be useful to all the Automotive Interiors Material market aspirants

Automotive Interiors Material related Institutes and organizations actively involved in gaining information on Automotive Interiors Material industry

More organizations like private firms, government bodies, ventures will be benefited from Automotive Interiors Material market report

Key Attractions of the Global Automotive Interiors Material Market Report 2018:

In short, Automotive Interiors Material market segments will provide precise and clear view of regions, applications, product type, and Automotive Interiors Material manufacturers. Qualitative and quantitative review of Automotive Interiors Material market aspects will point towards investment feasibility accordingly. The study also covers local, regional and global Automotive Interiors Material industry chain analysis.

Moreover, in-depth study of Automotive Interiors Material market drivers, constraints, opportunities and market threats will be useful. Thus Competitive Automotive Interiors Material market scenario among top manufacturers will give rise to futuristic Automotive Interiors Material business plans.

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Global Steering Wheel Cover market key regions, with production, consumption and revenue research report 2018

Industry Overview of Steering Wheel Cover Market : The Steering Wheel Cover research study relies upon a combination of primary as well as secondary research . It throws light on the key factors concerned with generating and limiting Steering Wheel Cover market growth. The latest trends , product portfolio , demographics , geographical segmentation , and regulatory framework of the Steering Wheel Cover Market have also been included in the study. In addition , the current mergers and acquisition by key players in the market have been described at length . Additionally , the historical information and current growth of the market have been given in the scope of the research report .

Get Free Sample Copy Of Steering Wheel Cover Market Report @ https://www.reportsmonitor.com/request-sample/?post=633117  The intended increase in the Steering Wheel Cover Market and an overall rise in the industry are the principal aspects fueling the growth of this global market. In addition, the rising focus on key players on developing new technology, along with the increased marketing activities is projected to elevate market growth during the forecast period. The emergence new advancements and factors encouraging the market growth is mentioned in this study.The report covers the present scenario and the growth prospects of the market for 2017-2022. To calculate the market size, the report considers the revenue generated from the sales of Steering Wheel Cover Market. The report includes profiles of major players in the industry. Company profiles include detailed information about business strategies, product portfolio, recent developments and regional positioning of these manufacturers. The report also provides in-depth analysis about market competition and positioning of key market players along with their market winning strategies.

Scope Of The Report:  Key Vendors are Covered In This Report: Mossy Oak, NFL, Plasticolor, Bell Automotive, WheelSkins, NCAA, Bell, AutoDrive, MLB, Custom Accessories, Pilot, Startech, Realtree, Accuform Signs, AutoLoc, Metra, Roadpro, OTC Tools, PAC, AUTO DRIVE

Steering Wheel Cover Market Segment by Type, covers: Cotton, Leather, PU, PVC, Others

Steering Wheel Cover Market Segment by Applications, can be divided into: SUV, Minivan, Bus, Sports Car, Others

The Report can be customized according to your needs. Contact our expert team today along with your requirements. For More Detailed Information Please Feel Free To Contact: https://www.reportsmonitor.com/make-enquiry/?post=633117 

Geographically it divide Steering Wheel Cover market into prime regions which are on the basis of sales, revenue, and market share and growth rate:

United States, North America, Europe, Asia-Pacific, South America, Middle East and Africa

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and evaluation of recent industry developments Market shares and strategies of key players Emerging niche segments and regional markets An objective assessment of the trajectory of the market Recommendations to companies for strengthening their foothold in the market

TOC OF Steering Wheel Cover Market: Steering Wheel Cover Market Research Report 2017 Steering Wheel Cover Market Competition by Manufacturers

Market Capacity, Production, Revenue (Value) by Region (2012-2017)

Supply (Production), Consumption, Export, Import by Region (2012-2017)

Production, Revenue (Value), Price Trend by Type

Market Analysis by Application

Manufacturers Profiles/Analysis

Manufacturing Cost Analysis

Industrial Chain, Sourcing Strategy and Downstream Buyers

Marketing Strategy Analysis, Distributors/Traders

Market Effect Factors Analysis

Market Forecast (2017-2022)

And more… Browse Detailed TOC, Tables and Figures, more than 10 Companies Mentioned in Steering Wheel Cover Market Research Report @ https://www.reportsmonitor.com/2018-2025-steering-wheel-cover-report-on-global-and-united-states-market-status-and-forecast-by-players-types-and-applications/

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Automotive Interior Leather Industry: Strategic Directions to Gain High Share in 2022

September Offer – 

Flat 20% discount on purchase of this report from 15th to 30th September @ https://www.researchtrades.com/discount/1207493

 For more offers post 30th September, kindly contact us.

Contact No. : +16269994607 (US)/ +91 7507349866 (IND)

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 Report Overview:

This report studies Automotive Interior Leather in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.

 This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering

Federal-Mogul

Autoneum

Dana

Lydall

UGN

Happich

Elringklinger

Progress-WerkOberkirch

...

By types, the market can be split into

Genuine Leather

Artificial PU Leather

Fabrics

Artificial PVC Leather

Thermoplastic Polymers

Synthetic Leathers

 Get exclusive sample copy @ https://www.researchtrades.com/request-sample/1207493

 By Application, the market can be split into

Passenger Car

Light Commercial Vehicle

Heavy Commercial Vehicle

 By Regions, this report covers (we can add the regions/countries as you want)

North America

China

Europe

Southeast Asia

Japan

India

 Key elements for this report:

1 Industry Overview of Automotive Interior Leather

1.1 Definition and Specifications of Automotive Interior Leather

1.1.1 Definition of Automotive Interior Leather

1.1.2 Specifications of Automotive Interior Leather

1.2 Classification of Automotive Interior Leather

1.2.1 Genuine Leather

1.2.2 Artificial PU Leather

1.2.3 Fabrics

1.2.4 Artificial PVC Leather

1.2.5 Thermoplastic Polymers

1.2.6 Synthetic Leathers

1.3 Applications of Automotive Interior Leather

1.3.1 Passenger Car

1.3.2 Light Commercial Vehicle

1.3.3 Heavy Commercial Vehicle

 2 Manufacturing Cost Structure Analysis of Automotive Interior Leather

2.1 Raw Material and Suppliers

2.2 Manufacturing Cost Structure Analysis of Automotive Interior Leather

2.3 Manufacturing Process Analysis of Automotive Interior Leather

2.4 Industry Chain Structure of Automotive Interior Leather

 3 Technical Data and Manufacturing Plants Analysis of Automotive Interior Leather

3.1 Capacity and Commercial Production Date of Global Automotive Interior Leather Major Manufacturers in 2016

3.2 Manufacturing Plants Distribution of Global Automotive Interior Leather Major Manufacturers in 2016

3.3 R&D Status and Technology Source of Global Automotive Interior Leather Major Manufacturers in 2016

3.4 Raw Materials Sources Analysis of Global Automotive Interior Leather Major Manufacturers in 2016

….

View this report @ https://www.researchtrades.com/report/global-automotive-interior-leather-market-professional-survey-report-2017/1207493

 Who we are:

Research Trades has team of experts who works on providing exhaustive analysis pertaining to market research on a global basis. This comprehensive analysis is obtained by a thorough research and study of the ongoing trends and provides predictive data regarding the future estimations, which can be utilized by various organizations for growth purposes.

We distribute customized reports that focus on meeting the client’s specific requirement. Our database consists of a large collection of high-quality reports obtained using a customer-centric approach, thus providing valuable research insights.

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Artificial Leather Market 2017 Trends, Size, Share, Growth and Forecast 2022

Synopsis of Artificial Leather Market:

Artificial Leather also known as Synthetic Leather is marketed under different names such as faux leather, PU leather, pleather, leatherette and vegan leather. The growing demand of artificial leather is due to its appearance and flexibility in using lightweight product. Rising environmental concern along with discontinuation of animal species which are killed to obtain leather has led to shift the production to Artificial Leather. Hence, the Global Artificial Leather Market is expected to grow at 38.2 billion with CAGR of 7.9% from 2016 to 2022.

Based on types, Artificial Leather is segmented into polyurethane, polyvinyl chloride, bio based. Polyurethane leather is faster growing segment over the forecasted period 2016-2022. Polyurethane based Artificial Leather and PVC based Artificial Leather both come under pleather. PU based Artificial Leather is made up of coating cotton or soft polymer which makes it ideal for garment manufacturing. However, it does not require additional plasticizers and offers waterproof technique which makes it look exactly like real leather. PVC is second faster growing segment.  These leather is made up of adding plasticizers and dyed to PVC so that fabric are made softer. Bio based Artificial Leather is growing market owing to strict regulations of government of using eco-friendly products.

Owing to extensive manufacturing process of PU based Artificial Leather can hinder the market growth of artificial leather in coming years. Major manufacturing companies are also shifting their production towards microfiber PU based leather due to high quality and has better properties than pure leather.

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/2426 The major end user industry of artificial leather is footwear industry. The demand for artificial leather in footwear industry is growing at rapid pace. Rise in per captia income, changing lifestyle and growth expansion of middle class people in emerging economies has boosted the demand for artificial footwear in various regions. According to changing climatic conditions, need of particular clothing, footwear changes. Thus, this has also anticipated to drive the product demand of in footwear and clothing industry. Technological advancement in automotive and furniture has shifted the need for artificial leather owing to its superior properties. Growing concern of lightweight leather in automotive sector is anticipated drive the artificial leather over the forecasted horizon.

Regional Analysis:

Geographically, Asia-Pacific region represents highest market share in the Global Artificial Leather followed by Europe and North America. China being a largest producer and consumer of artificial leather followed by Europe in terms of value. Rapid industrializations, favorable government regulations and increase in consumer spending will significantly grow the artificial leather market in emerging economies such as China, India and Japan. Europe and North America being prominent players in automobile, footwear and clothing industry is driving the demand for artificial leather in these regions. Changing climatic conditions requires good quality product which can protect in different environment. Thus, need for artificial leather is growing in these regions. Competitive Analysis:

Key players of the Global High Artificial Leather Market are Filwel Co. Ltd (Japan), H.R.Polycoats Pvt. Ltd (India), Alfatex ITALIA (Italy), Mayur Uniquoters Ltd. (India), San Fang Chemical industry Co. Ltd (Taiwan), Kuraray Co. Ltd. (Japan), Teijin Limited (Japan), Asahi Kasei Corporation (Japan), Huafon Group (Japan), Toray Industries (Japan) and others. Make an Enquiry before Buying @ https://www.marketresearchfuture.com/enquiry/2426 Study Objectives of Artificial Leather Market:

To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the Global Artificial Leather Market.

To understand the supply and demand dynamics including supply and consumption concentration mapping.

To provide region level market analysis and future outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries.

To provide competitor positioning of the market.

To provide company profiling of major players in the market along with their production and capacity

To provide regional trade analysis.

To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market.

Intended Audience:

Artificial Leather manufacturers

Traders and distributors of Artificial Leather

Production Process industries

Potential investors

Raw material suppliers

Nationalized laboratory

Key Points from Table of Contents:

10. Company Profiles     10.1 Filwel Co. Ltd (Japan) 10.1.1 Overview     10.1.2 Financials     10.1.3 Portfolio     10.1.4 Business Strategies     10.1.5 Recent Development     10.2 H.R.Polycoats Pvt. Ltd (India) 10.2.1 Overview     10.2.2 Financials     10.2.3 Portfolio     10.2.4 Business Strategies     10.2.5 Recent Development     10.3 Alfatex ITALIA (Italy) 10.3.1 Overview     10.3.2 Financials     10.3.3 Portfolio     10.3.4 Business Strategies     10.3.5 Recent Development     10.4 Mayur Uniquoters Ltd. (India) 10.4.1 Overview     10.4.2 Financials     10.4.3 Portfolio     10.4.4 Business Strategies     10.4.5 Recent Development

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/artificial-leather-market            

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:

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Market Research Future

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Maharashtra, India

+1 646 845 9312

Email: akash.anand@marketresearchfuture.com

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Chloromethane Market Size, Industry Share, Demand, Share, Growth Research Report 2022

Chloromethane Market Information- by Types (Polyurethane (PU), Polyvinyl Chloride (PVC), Bio Based), by End User Industry (Automotive, Furnishing, Footwear, Clothing, Others) and by Region - Forecast to 2023

Industry News:

In February 2019, Los Angeles observed the inauguration of its first vegan fashion week under the theme "Facing Our Time." The event aims at putting a ban on animal cruelty.

In December 2020, technology major Continental announced its investment of Rs 180 crore in its Indian manufacturing facility for premium surface materials such as the acella eco Chloromethane for the automotive industry. The facility is expected to start its supply to the local market by 2020.

Key Players:

Filwel Co. Ltd (Japan)

R.Polycoats Pvt. Ltd (India)

Alfatex ITALIA (Italy)

Mayur Uniquoters Ltd. (India)

San Fang Chemical Industry Co. Ltd (Taiwan)

Kuraray Co. Ltd. (Japan)

Teijin Limited (Japan)

Asahi Kasei Corporation (Japan),

Huafon Group (Japan),

Toray Industries (Japan)

Chloromethane Market Highlights:

Chloromethane also known as synthetic leather is marketed under different names such as faux leather, PU leather, pleather, leatherette and vegan leather. The growing demand of Chloromethane is due to its appearance and flexibility in using lightweight product.

Rising environmental concern along with discontinuation of animal species which are killed to obtain leather has led to shift the production to Chloromethane.

Chloromethane Market Size is expected to grow at 38.2 billion with CAGR of 7.9% from 2016 to 2022.

Chloromethane Segments:

By type, the global Chloromethane market has been segmented into polyurethane, polyvinyl chloride, bio-based. The polyurethane segment is likely to exhibit significant growth over the next couple of years. Also, the polyvinyl chloride segment is anticipated to mark a decent CAGR during the forecast period. Both the segments are projected to signify similar growth trends such as increasing use in the clothing industry. The bio-based segment is expected to capitalize on the growing demand for eco-friendly products.

By end-user industry, the Chloromethane market has been segmented into automotive, furnishing, footwear, clothing, and others. Among these, the footwear industry is growing exceptionally owing to the predominant rise in the demand for Chloromethane. The rising demand is backed by the increase in per capita income and urbanization.

Chloromethane Regions:

By region, the global Chloromethane market has been segmented into Asia Pacific, Europe, North America, and the Rest of the World (RoW). Asia Pacific is the largest market for Chloromethane. China leads the growth as it is one of the largest producers of synthetic leather. Also, factors such as industrialization, urban migration, and economic development are expected to influence the growth trajectory of the Chloromethane market in the region positively.

North America and Europe are anticipated to benefit from the growth of the end-user industries and exhibit similar growth trends. These regional market are also projected to signify substantial growth over the next couple of years.

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Global Artificial Leather Market Information- by types (Polyurethane (PU), Polyvinyl Chloride (PVC), Bio Based), by End User Industry (Automotive, Furnishing, Footwear, Clothing, Others) and by Region - Forecast to 2022

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Chloromethane Market Size, Industry Demand, Trends, Share, Growth, Forecast, Analysis and Overview till 2024

Chloromethane Market Information- by Types (Polyurethane (PU), Polyvinyl Chloride (PVC), Bio Based), by End User Industry (Automotive, Furnishing, Footwear, Clothing, Others) and by Region - Forecast to 2022

Industry News:

In February 2019, Los Angeles observed the inauguration of its first vegan fashion week under the theme "Facing Our Time." The event aims at putting a ban on animal cruelty.

In December 2020, technology major Continental announced its investment of Rs 180 crore in its Indian manufacturing facility for premium surface materials such as the acella eco Chloromethane for the automotive industry. The facility is expected to start its supply to the local market by 2020.

Global Key Players:

Filwel Co. Ltd (Japan)

R.Polycoats Pvt. Ltd (India)

Alfatex ITALIA (Italy)

Mayur Uniquoters Ltd. (India)

San Fang Chemical Industry Co. Ltd (Taiwan)

Kuraray Co. Ltd. (Japan)

Teijin Limited (Japan)

Asahi Kasei Corporation (Japan),

Huafon Group (Japan),

Toray Industries (Japan)

Chloromethane Market Highlights:

Chloromethane also known as synthetic leather is marketed under different names such as faux leather, PU leather, pleather, leatherette and vegan leather. The growing demand of Chloromethane is due to its appearance and flexibility in using lightweight product.

Rising environmental concern along with discontinuation of animal species which are killed to obtain leather has led to shift the production to Chloromethane.

Chloromethane Market Size is expected to grow at 38.2 billion with CAGR of 7.9% from 2016 to 2022.

Complete report on Chloromethane market report spread across 140 pages, profiling 10 companies and supported with tables and figures available. Enquire more @ https://www.marketresearchfuture.com/reports/artificial-leather-market-2426

Chloromethane Segments:

By type, the global Chloromethane market has been segmented into polyurethane, polyvinyl chloride, bio-based. The polyurethane segment is likely to exhibit significant growth over the next couple of years. Also, the polyvinyl chloride segment is anticipated to mark a decent CAGR during the forecast period. Both the segments are projected to signify similar growth trends such as increasing use in the clothing industry. The bio-based segment is expected to capitalize on the growing demand for eco-friendly products.

By end-user industry, the Chloromethane market has been segmented into automotive, furnishing, footwear, clothing, and others. Among these, the footwear industry is growing exceptionally owing to the predominant rise in the demand for Chloromethane. The rising demand is backed by the increase in per capita income and urbanization.

Chloromethane Regions:

By region, the global Chloromethane market has been segmented into Asia Pacific, Europe, North America, and the Rest of the World (RoW). Asia Pacific is the largest market for Chloromethane. China leads the growth as it is one of the largest producers of synthetic leather. Also, factors such as industrialization, urban migration, and economic development are expected to influence the growth trajectory of the Chloromethane market in the region positively.

North America and Europe are anticipated to benefit from the growth of the end-user industries and exhibit similar growth trends. These regional market are also projected to signify substantial growth over the next couple of years.

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Artificial Leather Market Trends | Share, Industry Size, Type, Demand, Suppliers and Forecasts 2022

Artificial Leather Market Information- by Types (Polyurethane (PU), Polyvinyl Chloride (PVC), Bio Based), by End User Industry (Automotive, Furnishing, Footwear, Clothing, Others) and by Region – Forecast to 2022

Artificial Leather Key Players Profiles

DuPont Tate & Lyle Bio Products (U.S.), Mayur Uniquoters Limited (India), NAN YA PLASTICS CORPORATION (Taiwan), KURARAY CO., LTD. (Japan), SAN FANG CHEMICAL INDUSTRY CO., LTD. (Taiwan), TEIJIN LIMITED (Japan), H.R. Polycoats Pvt. Ltd. (India), FILWEL CO.,LTD. (Japan), Yantai Wanhua Synthetic Leather Group Co., Ltd. (China), and TORAY INDUSTRIES, INC. (Japan),

Commenting on this report, an analyst from Market Research Future (MRFR)’s team said, “Artificial Leather Market Trends is expected to grow at ~38.2 billion by 2022.

Market Overview

Synthetic or Artificial Leather, also known as “leatherette”, “faux leather”, “vegan leather”, “PU leather” and “pleather” leather is a fabric made of artificial materials such as polyurethane (PU), polyvinylchloride (PVC) and other bio-based materials, which are processed, dried and heated to resemble real leather.

Artificial leather consists of a cloth base which is coated with a synthetic resin so that it resembles animal hide on the surface. It is majorly used in applications where a leather-like finish and appearance is required but the real leather is cost intensive, unsuitable and prohibitive due to ethical reasons. Major applications of this product can be found in footwear, upholstery, furniture and fabric, among others.

Competitive Landscape

The global artificial Leather market represented huge growth over the last decade and it has expected to show same trend in the coming years as well. This market consist of large numbers of Tier 1 companies along with significant presence of Tier 2 companies. The key market players operating across the globe are DuPont Tate & Lyle Bio Products, TORAY INDUSTRIES, INC., TEIJIN LIMITED, KURARAY CO., LTD, and H.R. Polycoats Pvt. Ltd. The key trend observed in the global market by industry experts is expansion of production facility and launch of innovative bio-based products.

Industry/ Innovation/ Related News

April 20, 2017- DuPont Tate & Lyle Bio Products introduced its latest “plant-based innovative product” called Susterra® for the automotive industry. DuPont Tate & Lyle’s Susterra® propanediol is manufactured through a proprietary fermentation process using plant-derived glucose. Bio-based materials are bringing new performance and alternative sourcing for the automotive and upholstery industry. At the same time these products are meeting the global environmental safety standards, due to which it will be one of the key focus areas of the key manufacturers of synthetic leather, in coming years.

April 8, 2016- Teijin Cordley Limited, the man-made leather business of Teijin Group has announced its new grade natural material based leather substitute called Maestley. Maestley has equivalent texture and richness to natural leather and other superior attributes, which makes it suitable in numerous applications such as accessories, automotive seat covers and upholstery. Teijin Cordley developed Maestley through innovative developments in fiber selection, non-woven structures, based material density and lamination methods. This is anticipated to provide boost to the global synthetic leather market as the product will meet the global standards of green products with minimum health and environmental impact.

Mar 17, 2017 – Tokyo, Japan based Toray Industries has invested around USD 264 million in expansion of its synthetic leather capacity. The expansion has taken place in Italy. This is projected to help Toray in meeting the growing for synthetic leather in well-established automotive industry.

April 9, 2015 – Formosa Petrochemical considers new Synthetic Leather plant in Louisiana, U.S. with by making the investment. The pant will be built by starting polyethylene production and related products and also cresting more than 9000 hundred jobs.

July, 28 2013- The Dow Chemical Company has made $1Billion-Plus Investment in Plaquemine Site to build Synthetic Leather plant. The Dow Chemical Company will invest $1.06 billion in a pair of new Synthetic Leathers plants – one for producing next-generation synthetic rubber and another for high-performance polyethylene. The investment will be helpful and may create over 500 job once the production plant will be done.

Geographical Outlook

Regionally, Asia Pacific was the most impactful market across the globe, which has acquired highest global shares. This is attributed to the growth of footwear, automotive and construction industry. India, Japan and China are the leading markets in this region on account of an increasing investment in major end uses of synthetic leather

The global footwear market is growing at highest CAGR and projected to retain the dominance in the market due to increasing standard of living and growing urban population around the world. In addition to this, increasing disposable income incentivizing people around the world to add value into their house, such as furnishing the house with an upholstery, which may fuel the demand of artificial leather.

The cost-effective nature of product has offered it a greater opportunity to substitute real leather in major end uses such as footwear, accessories, and sports. The polyurethane based synthetic leather is expected to witness substantial growth due its eco-friendly properties as compared to PVC-based leather. However, the major bottleneck in the growth trajectory of the global synthetic leather market includes, the harmful effects of processing of PU and PVC on the ecosystem and human health. The developed economies in Europe and North America have put in place stringent regulations limiting the use of toxic synthetic materials such as PVC and PU.