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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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Automotive Artificial Leather Market Professional Survey, The Ultimate Business Guide
Automotive Artificial Leather MARKET TO WITNESS ASTONISHING GROWTH.
The report published on Automotive Artificial Leather is a valuable source of insightful statistics and information helpful for the decision-makers to form the business strategies related to products/services sales (value) and growth, key trends, technological advancement, untapped market, and more. The global Automotive Artificial Leather market report includes key facts and figures data which helps its users to understand the current scenario of the global market along with anticipated growth. The Automotive Artificial Leather market report contains quantitative data such as global sales and revenue (USD Million) market size/market value of different segments and sub-segments such as top manufacturers, types, application, diversified regions, CAGR, market size and shares, revenue insights of market players, and others. The report also gives qualitative insights on the global Automotive Artificial Leather market, which gives the exact outlook of the global as well as country level Automotive Artificial Leather market.
You can get a sample copy of the report here https://www.marketresearchstore.com/sample/automotive-artificial-leather-market-811670
The focus of the global Automotive Artificial Leather market report is to define, categorized, identify the Automotive Artificial Leather market in terms of its segmentation for example by product, by types, by applications, and by end-users. This study also provides highlights on market trends, market dynamics (drivers, restraints, opportunities, challenges), which are impacting the growth of the Automotive Artificial Leather market. Driving factors that are positively impacting the demand for Automotive Artificial Leather and restraining factors that are hindering the growth of the Automotive Artificial Leather market are discussed in detail along with their impacts on the global Automotive Artificial Leather market. Some of the regions covers in the study are North America, North Korea, Middle East & Africa, Europe, Latin America, and Asia Pacific. These regions are further analyzed based on the major countries in it.
Countries analyzed in the scope of the report are the U.S., Canada, Germany, the UK, France, Spain, Italy, China, India, Japan, South Korea, North Korea, Southeast Asia countries, Australia, Brazil, Mexico, GCC countries, South Africa, and Turkey among others.
Get all information about the report including TOC @ Automotive Artificial Leather Industry Analysis and Market Research Report
Analysis of Leading Manufacturers included in the Global Automotive Artificial Leather Market are: Wise Star, HR Polycoats, Archilles, Scientex Berhad, Super Tannery Limited, CGT, Longyue Leather, Wellmark, Vulcaflex, MarvelVinyls, Fujian Polyrech Technology, Mayur Uniquoters, Benecke-Kaliko, Jiangsu Zhongtong Auto Interior Material, Kyowa Leather Cloth, Veekay Polycoats, Xiefu Group
By Type the Automotive Artificial Leather market is segmented into: PU, PVC
By Applications the Automotive Artificial Leather market is segmented into: Consoles, Seats, Door Trims, Headliners
Significant aspects of the Reports and Main Highlights:
• A detailed look at the Automotive Artificial Leather Industry • Changing business trends in the international Automotive Artificial Leather market • Detailed market Segmentation analysis at different level such as product class, demand-supply, end-user, Regions/countries • Historical analysis and forecast size of the Automotive Artificial Leather market in terms of Market Revenue(USD Million) • Recent industry development and market trends • Competitive Landscape and player positioning analysis for the Automotive Artificial Leather market • Key product Offerings by Major Competitors and trade strategies adopted • Niche and Potential segments (ex. product types, use as per demand, and countries/regions) anticipated to observed optimistic growth • Major key problems faced by leading operating players in the market space • Analysis of crucial risks linked with the market operations and production techniques
The elementary weaknesses and strengths of the leading vendors coupled with the rate of growth for each of the sections of the Automotive Artificial Leather international market have been conferred after a complete analysis of past and prospective trends, technological innovations, and regulatory needs.
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Synthetic Leather Market to Reflect Steady Growth Rate by 2027
Synthetic Leather Market – Global Industry Analysis and Opportunity Assessment 2016–2026
This report by Future Market Insights on the global synthetic leather market for the period 2016–2026 presents an outlook of the market across the globe. The primary objective of the report is to offer updates on market opportunities in the global synthetic leather market. Synthetic leather also termed as artificial leather which exists in form of a fabric made of woven/ non- woven clothes and polymers with high finishing finish envisioned to use as the alternative to leather in clothing, footwear, bags etc. PU and PVC are polymers are mainly used for the manufacturing of synthetic leather . PVC synthetic leather is comparatively cheaper where PU is better in quality.
Chemicals are used at the different stages in the production of leather. Operational stages in synthetic leather production include preparatory, tanning, crushing and surface coatings. Tanning & dyeing chemicals hold the largest share of the global synthetic chemical market and this trend is anticipated to continue during the forecast period. The global synthetic leather industry is gradually transitioning toward lightweight leather products for the automotive industry. Attributing to the growing demand for lightweight vehicles, the leather industry is also trying to capture this trend in the synthetic leather market.
Growing demand for premium quality leather from various end-use industries is expected to drive the synthetic leather market. Premium quality leather is widely used in furniture, footwear, bags, hats, jackets, belts, wallets and other decorative products. Changing lifestyle and rising disposable income in developing countries such as China and India are driving the demand for synthetic leather. Brazil and Mexico are also contributing significantly to the demand for high-quality leather. Furthermore, the growing automotive industry is indirectly fueling the synthetic leather market. The demand for leather in automotive interiors, upholstery and seat covers is driving the leather industry, which in turn is expected to fuel the synthetic leather market.
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However, stringent environmental regulations regarding the use and transport of synthetic leather are expected to inhibit the market growth for synthetic leather. For instance, chromium, a heavy metal used in the tanning process of leather is a potent carcinogen. Chromium is banned in Europe by Registration, Evaluation, Authorization and Restriction of Chemical substances (REACH).
To understand and offer insights on the global synthetic leather market, the report has been categorically split into three sections: market analysis material type, application and region. The report analyses the global synthetic leather market in terms of market value (US$ Mn) and volume (Tons).
The report starts with an overview of the global synthetic leather market. This section also includes FMI’s analysis of key trends, drivers and restraints from the supply and demand perspectives. Impact analysis of key growth drivers and restraints based on the weighted average model are included in the report to better equip and arm clients with crystal-clear, decision-making insights.
To understand consumption patterns and assess opportunities in the synthetic leather market, the report is divided into sections on the basis of material type, application, and region. The report analyzes the synthetic leather market in terms of market value (US$ Mn). The report covers the global synthetic leather market performance in terms of value contribution. The synthetic leather market report also includes FMI’s analysis of drivers and restraints witnessed in the market. Key trends observed across the value chain are also included in the report. The report highlights existing opportunities in the synthetic leather market to equip the client with crystal-clear, decision-making insights.
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To understand and assess opportunities in the global synthetic leather market, the report has been divided into three sections based on market segmentation as:
Region
North America
Latin America
Eastern Europe
Material Type
PVC
PU
Bio Based
Research Methodology of the Synthetic Leather Market
Market volume is inferred through in-depth secondary research and validated from industry experts through primary interviews. Each interview is thoroughly analysed and average market volume is deduced and reconfirmed and incorporated in the report. The prices of synthetic leather are deduced through material type, where the average price of each material is inferred across all the seven regions. The market value of the synthetic leather market is thus calculated from the data provided by the average selling price and market volume.
For the ten-year forecast of the market, various macroeconomic factors and changing trends have been observed, which give an idea about the future of the market. Other important factors considered to arrive at market forecast are the size of the current market, inputs from the supply side and demand side and other dynamics shaping the scenario of the market.
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During the compilation of the report, the forecast has been conducted in terms of CAGR, while other important criteria such as year-on-year growth and absolute dollar opportunity have also been incorporated presenting the client with crystal clear insights and future opportunities as far as the synthetic leather market is concerned.
Other important parameters such as market attractiveness index and impact analysis of the drivers and restraints for each region are included in this report providing insights about the dynamics, growth, performance and untapped opportunities in the synthetic leather market. In-depth profiling of major synthetic leather manufacturers is included in the final section of the report detailing the strengths, weaknesses and competitive strategies of each manufacturers.
The list of key market participants included in the “Synthetic leather Market: Global Industry Analysis 2012–2016 and Opportunity Assessment, 2017–2026” report are as follows:
Kolon Industries Inc.
Mayur Uniquoters Ltd.
Gruppo Mastrotto spa
Alfatex.
Achilles Corp.
Teijin Limited
Nan Ya Plastics Corporation
Asahi Kasei Corporation
Toray Group Kuraray Co., Ltd.
Daewon Chemical Co Ltd.
Leather Resource of America Inc.
Comfort Int'l Co., Ltd
Sheng Hung Industrial Co. Ltd.
Plastics Elche S.A
The global synthetic leather market is moderately fragmented with major players having presence across the value chain. The market is on the verge of consolidation with increased frequency of mergers and acquisitions.
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Synthetic Leather Market 2021 Detailed Analysis of Current Industry Figures with Forecasts Growth By 2025
The global synthetic leather market has received tremendous traction in recent years as the fashion industry and consumers have grown sensitive to the use of leather in clothing. A perfect substitute to original leather, the development of synthetic leather has given the end users a wider scope for application and experimentation. According to Fairfield Market Research, the demand for synthetic leather will be propelled by strengthening sentiment towards veganism. Synthetic leather is an ideal answer for cruelty-free leather.
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Synthetic Leather Wins Wider Consumer Base as it Appeals to Ethical Sensibilities
The heated debate in the fashion industry about the use of animal hide for designing clothing lines have provoked ire from animal activists. People for the Ethical Treatment of Animals (PETA) states that over a billion animals are killed for their hides annually. As most of this comes from developing economies, it has created an ecological imbalance and raised questions about animal welfare. In light of this, synthetic leather has gained ground as it is entirely manmade. A growing number of fashion labels are subsequently shifting to synthetic leather to keep up with the demand whilst being environmentally conscious.
Polyurethane Leather to Lead Global Synthetic Leather Market
The two major types of synthetic leather forms used are polyvinyl chloride (PVC) and polyurethane (PU). The upcoming report states that the PU is expected to gain phenomenal traction in the coming years as it pliable and flexible and thus more applicable. PU has made a strong case for itself in mid-range and high-range applications. Analysts predict PU to be the fastest-growing category between 2021 and 2025. As compared to PVC, PU is ideal for obtaining results such as glossy finishes, attractive colours, interesting styles, and varied patterns.
Global Synthetic Leather Market Finds Momentum in India and China
Geographically, Asia Pacific is expected to lead the global synthetic leather market in the coming years. India and China are expected to create incredible opportunities for synthetic leather in terms of production as well as consumption. Analysts anticipate that China will take the lead in the coming years as the demand for footwear is expected to be instrumental in the uptake of PVC leather. The study suggests that China accounts for 55% of the total production of footwear globally in 2018. As the demand for upholstery, vehicle interiors, furnishings, and footwear go up, the opportunities for synthetic leather are also expected to gain prominence during the forecast period.
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Companies to Invest in Eco-friendly Product Innovation to Align with Changing Consumer Sentiment
Some of the key players operating in the global synthetic leather market are Mayur Uniquoters, Xiefu New Material, Xinwanhua Leather, and Anli. The report studies the impact of the automotive industry on demand for synthetic leather as luxury car makers are vegan leather as opposed to genuine leather to align with growing environmental consciousness. The study indicates that companies are likely to invest in waterborne PU-based leather to make the end product eco-friendly, durable, and as safe as possible.
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Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.
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Automotive Interior Materials Market Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2028
Automotive Interior Materials Market Country Level Analysis
The automotive interior materials market is analysed and market size, volume information is provided by country, type and vehicle type as referenced above.
The countries covered in the automotive interior materials market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia Pacific dominates the automotive interior materials market because of the heightened government assistance in terms of subsidies and constructive laws is anticipated to attract automotive manufacturers to set up plants which will further boost the growth of the automotive interior materials market in the region. Europe is anticipated to observe significant amount of growth in the automotive interior materials market because of the importance of automotive interiors for advanced countries consumers has empowered producers to modernize and market an array of functions, which in turn is anticipated to further propel the growth of the automotive interior materials market.
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The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Interior Materials Market Share Analysis
The automotive interior materials market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to adhesive resin market.
The major players covered in the automotive interior materials market report are Bayerische Motoren Werke AG, Stahl Holdings BV, Lear Corporation, Toyota Boshoku Corporation, Technical Textile Services Ltd., ZF Friedrichshafen AG, Faurecia S.A., Delphi Technologies, Grammer AG, Johnson Controls, Grupo Antolin,, Henkel Corporation, Lear Corporation, Auto textile S.A., Shamkem Multifab Limited, Suminoe Textile Co., Ltd., Magna International Inc,, Calsonic Kansei Corporation, Celanese Corporation, Toyoda Gosei Co., Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Market Analysis and Insights : Global Automotive Interior Materials Market
The Global automotive interior materials market is expected to be growing at a growth rate of 7.055% in the forecast period of 2021 to 2028. The automotive interior materials market report analyses the growth, which is currently being growing due to the rising scope of its application in wood-working industry.
Automotive interior materials are properties that are developed inside the cabin of an automotive, such as plastics, metals, and composites. As the operational assets of automotive reach appropriate levels of performing, customers require increased ergonomic and attractive elements of the interior design. The cabin section of a vehicle is crucial to vehicle weight, making lightweight interior materials imperative to conserving emission levels.
Superior attributes and purposes of cabin elements have led to significant increase in number of vehicle interior components. The COVID-19 pandemic is an on-going global position. Separately from the human tragedy, this calamity has also harshly crushed industries and economies around the world, which also comprises the auto industry.
The enhancing of the fuel effectiveness by lowering the overall burden of the vehicle, the improved requirement for customization and comfort, the utilization of the smart interior fabric to make the demand, elevated need for low-production materials, particularly in the advancing nations, and strict petroleum economy values are the factors expected to boost the growth of the automotive interior materials market in the forecast period.
However, the unlawful removal of emissions from the tanning industry concerning the genuine leather market, the surge in the price of genuine leather because of the necessity supply gap and guidelines regarding to synthetic leather are the factors that is most likely anticipated to hamper the growth of the automotive interior materials market in the future years.
Additionally, the automotive fabrics incorporating nanomaterials and the acceptance of green technology in the automotive leather manufacturing which will further extend profitable opportunities for the growth of the automotive interior materials market in the coming years and the advanced automotive designs and fast growth in the global economy offer numerous opportunities to market players for growth. Despite that the productivity and sustainability within the governing framework are the factors to further challenge the growth of the automotive interior materials market during the forecast period.
This automotive interior materials market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on automotive interior materials market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Automotive Interior Materials Market Scope and Market Size
The automotive interior materials market is segmented on the basis of type and vehicle type. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
Based on the type, the automotive interior materials market is segmented into synthetic leather, polymers, genuine leather, fabric, synthetic leather, others. Others is further sub segmented into rubber and wood. Synthetic leather is further sub segmented into PU and PVC.
Based on the vehicle type, the automotive interior materials market is segmented into passenger vehicles, light commercial vehicles, heavy commercial vehicles.
Automotive Interior Materials Market, By Type (Synthetic Leather (PU and PVC), Genuine Leather, Polymers, Fabric), Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
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Global Automotive Interior Materials Market Size, Share, Growth, Industry Trends and Forecast 2020-2030
The Automotive Interior Materials are used in the manufacture of automotive interior components such as steering wheels, leathers, plastics, roofing, flooring, seatbelts, and airbags. All of these examples have their specific function in an automotive. The purpose of using the automotive interior materials is to make the space of a cabin more commodious. These materials improve the interior aesthetic of the vehicle which will which further influence the customer to buy the product. With a good aesthetic look, they also enhance sustainability and reliability to automobiles. Automotive interior materials are very crucial in the manufacturing of the vehicle. Hence, the market is closely dependent on the production and demand of the vehicles. Government norms and regulations regarding leather industry pricing and availability of the materials are the factors impacting the market. Besides other interior materials, plastic has the highest shares of the market in 2018, valued around 27.9% and also the most used interior material in an automobile with properties like ruggedness, optimum durability, and lightweight, helps to reduce the fuel consumption of the vehicle. Heavy metals are now replaced by plastics in automotive interior manufacturing. The global automotive interior material market accounted 87796 million USD in 2020 and is expected to reach 144,469 million USD by 2030 with a CAGR of 6.9% during the forecast period.
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Market Dynamics and Factors:
High demand for the automotive interior materials for better comfort and customization is one of the major factor responsible for the growth of the market. Increase in the number of luxury vehicles across the globe is a supporting factor positively influencing the market growth. Growing in demand for vehicles attributed to the growth in disposable income in emerging economies such as India, China and Brazil are further boosting the demand of the automotive interior materials during the forecast period. Need of aesthetically pleasing vehicle interior is a key factor that is impacting the market. Demand for the lightweight plastics or polymers in the automotive interior are also increasing the demand for these products. However, the cost of the materials may restrain the market in the upcoming years. Development and research on new synthetic materials will create many opportunities during the forecast period.
Market Segmentation:
Global Automotive Interior Materials Market – By Type
Synthetic Leather
(PU and PVC)
Genuine leather
Polymers
Fabrics
Global Automotive Interior Materials Market – By Vehicle Type
Passenger Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
Global Automotive Interior Materials Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC at @ https://www.decisionforesight.com/toc-request/DFS020311
Geographic Analysis:
Asia Pacific is expected to lead the automotive interior materials market and is expected to grow with the same pace during forecast period. Asia Pacific is estimated to grow up to USD 26.65 billion in the year 2026, owing to its market penetration with the rising manufacturing industry.
Competitive Scenario:
Major players operating in global automotive interior materials market are BASF, ContiTech AG, 3M, Dow Chemical, Toyoda Gosei Co., Ltd., Du Pont, Grupo Antolin, Draxlmaier Group, Yanfeng Automotive Interiors, LEAR Corporation, Faurecia S.A., SMS Auto Fabrics, Magna International, Calsonic Kensei Corporation, Tachi-S Co. Ltd., Sage Automotive Interiors, Hyundai Mobis Co. Ltd., Takata Corporation, and TATA Group.
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Automotive Interior Materials industry, although key threats, opportunities and disruptive technologies that could shape the Global Automotive Interior Materials Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Automotive Interior Materials Market most.
The data analysis present in the Global Automotive Interior Materials Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Automotive Interior Materials Market business.
The 2021 Annual Global Automotive Interior Materials Market offers:
100+ charts exploring and analysing the Global Automotive Interior Materials Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Automotive Interior Materials Market type
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Synthetic Leather Market Application, Profit Margin Analysis & Business Environment Study, 2025
The global Synthetic Leather Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.
Market Overview:
Global Synthetic Leather Market is expected to reach USD 85.05 billion by 2025. Synthetic leather is also termed as an artificial leather or rexine, leatherette, or faux leather is manufactured using polyurethane (PU) or PVC, which is treated and dyed to look like real leather. It is versatile leather made from tanned animal hides. It is exclusively used in fashion industries for products like wallets, shoes, luggage, jackets, sofas and electronic cases, and car interiors.
Key Players:
Kuraray Co. Ltd.
R. Polycoats Pvt. Ltd
Alfatex Italia SRL
Filwel Co. Ltd
Yantai Wanhua Synthetic Leather Group Co. Ltd.
San Fang Chemical Industry Co. Ltd
Mayur Uniquoters Limited
Nan Ya Plastics Corporation
Zhejiang Hexin Industry Group Co. Ltd
Teijin Limited
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Growth Drivers:
The Synthetic Leather Market is estimated to grow at a significant CAGR of 9.5% over the forecast period as the scope and its applications are rising enormously across the globe. Rising demand for lightweight leather in automobile industry, changing lifestyle as increasing number of passenger cars, growing demand for luxurious goods, and increasing population in developing countries like India and China are documented as major factors of Synthetic Leather Market that are estimated to enhance the growth in the years to come. However, harmful effects of PVC and PU processing on human health and environment may restrain overall market in the coming years. Synthetic Leather industry is segmented based on type, end-user, and region.
Application Outlook:
Furnishing
Automotive
Footwear
Bags & wallets
Clothing
Footwear accounted for the substantial market share of Synthetic Leather and is estimated to lead the overall market in the coming years. This may be because of changing lifestyle, varying climatic conditions, and rising disposable income.
Product Outlook:
PU
PVC
Bio based
PU-based sector accounted for the largest market share of Synthetic Leather and is estimated to lead the overall market in the coming years. Also, the sector is estimated to grow at highest CAGR in the coming years. This may be because of high demand from developed countries like Europe and North America and rising fashion and automotive industries.
Regional Outlook:
Globally, Asia Pacific accounted for the substantial market share of Synthetic Leather in terms of value and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be enhanced technological innovations and presence of key manufacturers in the region. The developing countries like India and China are the major consumers of Synthetic Leather in the region.
Instead, Europe and North America are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, North America is estimated to grow at fastest pace with the highest CAGR in the foremost period.
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Automotive Interior Surface Materials Market Research Report
Automotive Interior Surface Materials Market
:
The GMI Research's latest analysis reveals that the Automotive Interior Surface Materials Market is slated to register a significant CAGR over the coming years. This is attributed to the growing use of smart interior fabrics, the strong demand for customization and comfort, and the rapid development in the automotive sector.
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Automotive Interior Surface Materials Market’s leading Manufacturers:
· Lear Corporation
· Adient plc
· Toyota Boshoku Corporation
· Faurecia S.A.
· Toyoda Gosei Co., Ltd.
· Sage Automotive Interiors Inc.
· Grupo Antolin
· Yanfeng Automotive Interiors
· Seiren Co., Ltd.
· DK Leather Corporation Berhad
Automotive Interior Surface Materials Market Dynamics (including market size, share, trends, growth, forecast, and industry analysis)
Key Drivers
The growing use of smart interior fabrics, the strong demand for customization and comfort, and the rapid development in the automotive sector are the key drivers contributing to the growth of the global automotive interior surface materials market size. The increasing number of passenger cars globally, followed by the drastic change in consumers' lifestyle, will further fuel the demand for the market. Furthermore, the high adoption of nanomaterial in automotive fabrics and the rising introduction of green technology in automotive leather manufacturing are some other factors surging the growth of the automotive interior surface materials market in the coming years. Technological development in the production process driven by decreased cost of production of automotive interior surface material is further attracting many customers towards the market. On the other hand, the erroneous disposal of effluents is affecting the leather market is one of the factors hindering the growth of the automotive interior surface materials market.
Type Segment Drivers
Based on the type, the polymer is projected to rise at a higher CAGR over the forecast period as it is a largely used material in the automotive interior surface in comparison to other type material owing to its remarkable advantages. The strong adoption of polymer in the automotive interior as a result of its capability to reduce the weight of a vehicle and boost fuel efficiency is driving the market growth.
Vehicle Type Segment Drivers
Based on the vehicle type, the passenger vehicle is predicted to increase at a faster CAGR in the coming years due to the rising demand for a passenger vehicle, drastically changing living standards of consumers, enhancing economic conditions, and growing per capita income worldwide.
Regional Drivers
Based on the region, Asia-pacific is expected to witness a higher CAGR in the upcoming years due to the strong demand for commercial and personal cars owing to the rising population. Additionally, the high demand for fuel-efficient automotive is also increasing the demand for lightweight automotive interior surface materials.
Automotive Interior Surface Materials Market Segmentation:
Segmentation by Type:
· Polymers
· Genuine Leather
· Fabric
· Synthetic Leather
· PU Leather
· PVC Leather
· Others
Segmentation by Vehicle Type:
· Passenger Vehicles
· Light Commercial Vehicles (LCV)
· Heavy Commercial Vehicles (HCV)
Segmentation by Application:
· Dashboard
· Seats
· Airbag & Seat Belts
· Door Panels & Trims
· Carpets & Headliners
· Others
Segmentation by Region:
· North America
o United States of America
o Canada
· Asia Pacific
o China
o Japan
o India
o Rest of APAC
· Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
· RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
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Global Automotive Interiors Material Market: Development Factors and Investment Analysis by Leading Manufacturers
Market Overview
The most recently published Automotive Interiors Material Market report provides a critical assessment of key growth dynamics, emerging pathways, investment trends in key regional markets, and the competitive landscape in various regions and key players’ strategies. The study also offers insights into the proportion and size of various segments of the Automotive Interiors Material market. The report presents the market analysis based on several factors. Various exploration techniques such as qualitative and quantitative analysis have been used to accurately provide data. To better understand customers, he uses effective graphic presentation techniques such as charts, graphs, tables, and images.
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The report covers a wide range of areas for a better global market experience as well as industry trends and forecasts. The report covers market models based on product types, application regions, and key vendors. In this report, variables influencing the market such as drivers, controls, and store openings have been carefully described. The review of market models, reviews, and numbers has been done on both a large scale and a micro level. It also gives a general overview of the strategies that the main competitors have received within the company. Other important variables that influence market trends regionally and globally were taken into account. These influencing factors are the socio-political situation, environmental conditions, demographics, legal organizations, and the competitive environment in the region.
Market Scope
The research report is committed to giving its readers an unbiased point of view of the global Automotive Interiors Material market. Thus, along with statistics, it includes opinions and recommendation of market experts. This allows the readers to acquire a holistic view of the global market and the segments therein. The research report includes the study of the market segments on the basis of type, application, and region. This helps in identifying segment-specific drivers, restraints, threats, and opportunities.
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Segmental Analysis
The report has classified the global Automotive Interiors Material industry into segments including product type and application. Every segment is evaluated based on growth rate and share. Besides, the analysts have studied the potential regions that may prove rewarding for the Automotive Interiors Material manufacturers in the coming years. The regional analysis includes reliable predictions on value and volume, thereby helping market players to gain deep insights into the overall Automotive Interiors Material industry.
By Type
Fabrics
Genuine Leathers
Artificial PU Leather
Artificial PVC Leather
Synthetic Leathers
Thermoplastic Polymers
By Application
Passenger Vehicles
Commercial Vehicles
Regions covered in Automotive Interiors Material market report are:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
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Global Automotive Interiors Material Market Report provide in-depth information about the Leading Competitors involved in this report:
BASF S.E.
Dow Chemical Company
E. I. DU Pont DE Nemours
Faurecia S.A.
Borgers A.G.
DK Leather Corporation Berhad
Eagle Ottawa
LLC
International Textile Group Inc.
Katzkin Leather Interiors Inc.
Johnson Controls Inc.
Lear Corporation
Sage Automotive Interiors inc.
Reasons To Buy Automotive Interiors Material Market Report(Key Points):
1.The report provides important statistics on the market status of the Automotive Interiors Material Devices manufacturers and is a valuable guidance and guidance tool for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including definition, applications, and manufacturing technology.
3.The report includes the company profile, product specifications, capacity, production value, and market share for major vendors for 2021-2028.
4.The overall market is then further subdivided by company, country, and application/type for the competitive landscape analysis.
5.The report estimates Automotive Interiors Material Devices industry market development trends for 2021-2028.
6.An analysis of the upstream raw materials, the downstream demand and the current market dynamics is also carried out.
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AUTOMOTIVE INTERIOR LEATHER MARKET ANALYSIS
Automotive Interior Leather Market, by Material Type (Genuine Leather and Synthetic Leather(PU Leather and PVC Leather)), by Vehicle Type (Passenger Vehicles(Compact , Sub-compact, Mid-size, Sedan, Luxury and Van) Heavy Commercial Vehicles and Light Commercial Vehicles), by Application (Upholstery, Dashboard , Seat belts , Air-bags , Floor & trunk carpets , Headliners and Others) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
Press Release : Automotive Interior Leather Market
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Market Insight- Global Automotive Interior Leather Market
Market Overview
The automotive interior leather is used in the upholstery and interior of a vehicle, in order to enhance the feel and appearance of the vehicle. The passenger and driver can actually experience the texture and feel of the leather. It is an essential part of the automotive industry, which is used to enhance the esthetics of the vehicle since it can cover the infotainment center, controllers, and steering. Apart from appearance, automotive leather is used to sustain various types of fatigue such as wear & tear and scratches. The automotive interior leather is different from furniture leather as less fat liquors are used in the production of automotive interior leather, in order to make it more resistant to stretching and bagging. Moreover, automotive interior leather is adequate protection from the sun’s UV rays.
The global Automotive Interior Leather Market was to accounted for US$ 29,441.6 Mn in terms of value and 741.4 Mn sq meter in terms of volume in 2019 and is expected to grow at CAGR of 5.2% for the period 2019-2027
Market Dynamics- Drivers
Increasing demand for lightweight leather is expected to drive growth of the global automotive interior leather market during the forecast period
The global market is actively shifting towards the use of lightweight leather products. Since there is a high demand for lightweight automotive vehicles, the leather industry is focused on providing similar products. Lightweight vehicles are more fuel-efficient and contribute to reduced emissions. Moreover, constant research and development activities in the fuel economy of the automotive vehicle show a direct correlation between fuel efficiency and vehicle weight. This correlation has compelled manufacturers to reduce the weight of automotive vehicles and to opt for lightweight leather products in automotive vehicle body panels. Therefore, these factors are expected to drive the global automotive interior leather market growth over the forecast period. For instance, in 2016, Elmo Sweden AB introduced Elmolite II- an ultra-light luxury type of leather, for their automotive leather business.
Growing demand for hybrid and electric vehicles is expected to propel the global automotive interior leather market growth over the forecast period
Increasing the implementation of strict environmental regulations and emission control norms has increased the demand for Hybrid Electrical Vehicles (HEVs) powered by a combination of IC engines and electric motors are gaining traction. High demand for novel weather solutions such as thermo cool leather, anti-soiling leather, and antimicrobial & antibacterial leather is expected to drive the global automotive interior leather market growth in the near future. Furthermore, leading carmakers are competing to introduce climate-controlled automotive seats in hybrid vehicle models, which can convert electricity to heat or cool vehicle seats. Some of these are already integrated into a small percentage of electric and hybrid cars available in the market.
Asia Pacific region dominated the global Automotive Interior Leather Market in 2019, accounted for 45.9% share in terms of value, followed by Europe, North America, Latin America and Middle East and Africa.
Source: Coherent Market Insights
Market Dynamics- Restraints
Lowering hide production is expected to hinder the global automotive interior leather market growth during the forecast period
A massive shift in consumer aesthetic preference including inclination towards the use of premium leathers in car interiors has resulted in high demand for leather. However, global hide production is growing at a pace that is unable to sustain this increasing demand. Moreover, change in eating habits and increasing vegetarian and vegan population is expected to lower hide production since it is a byproduct of the meat industry. Apart from this, lengthy and complex hide processing techniques are other major reasons expected to hinder the global automotive interior leather market growth in the near future.
Slowdown in global automotive production is expected to hamper the global automotive interior leather market growth over the forecast period
The global automotive interior leather market growth is hampered up to a certain extent due to a slowdown in global automotive production. According to Coherent Market Insights’ analysis, Total automobile production increased at a rate of 3.7% between 2013 and 2014, while during 2014–2015, vehicle production increased at a mere 1.1% rate This slow production rate of automobiles globally could have a negative impact on regional players in the global automotive interior leather market.
Market Opportunity
Sustainable leather production can provide major growth opportunities
Integration of green technology in the automotive industry is a growth opportunity for growth and can help market players to increase their share and expand business revenue. The global automotive interior leather market is following the automotive industry by adopting green technology for production of automotive leather. For instance, in 2015, BOXMARK Leather GmbH & Co KG introduced GREEN – a sustainable leather for automotive, living, sea and air applications. The sustainable leather developed by BOXMARK Leather GmbH & Co KG uses full vegetable tanning agents and novel recovery of oiling & fillers from previous waste products to manufacture leather.
Product innovation can offer lucrative business opportunities
Key companies in the market are focused on product innovation, in order to offer novel products in the market. Although the majority of players in the auto upholstery market focus on traditional colors and materials, a spectrum of materials, finishes and customization options available can provide massive opportunities. For instance, in September 2015, Lear Corporation purchased a property in Detroit, the U.S. to establish an innovation and design center. The company will work with the College for Creative Studies (CCS) to conduct R&D on fabrics & leather to produce next-generation vehicle interiors.
Source: Coherent Market Insights
Market Trends
Increasing demand for automotive interior leather in passenger vehicles segment
On the basis of vehicle type, the passenger vehicle segment is expected to account for significant share in the global automotive interior leather market during the forecast period. This is owing to increasing demand from emerging economies and rising per capita income. According to Coherent Market Insights’ analysis, the passenger vehicle segment continues to rise and is mainly driven by the substantial growth in China, which represents over 25% of global car sales. Other emerging markets, such as South Korea and India are also expected to expand at a healthy rate over the forecast period. Moreover, there is increasing demand for leather, both genuine and synthetic, from OEMs – especially for application in the luxury and premium cars segment.
Rising demand for fake/synthetic leather
Majority of premium car owners recommend the synthetic leather since it is a better alternative to real/genuine leather. Fake/synthetic leather trim was introduced as a cheap substitute for real leather. It is now being keenly sought after by various customers, especially by customers who prefer environmental-friendly vehicles.
Value Chain Analysis
Segment information:
In global Automotive Interior Leather Market, by material, Synthetic leather sub-segment dominated the global market in 2019, accounting for 58.7% share in terms of value, followed by Genuine Leather.
Source: Coherent Market Insights
Competitive Section
Key players operating in the global automotive interior leather market are Elmo Sweden AB, D.K Leather Corporation, Scottish Leather Group Limited, GST AutoLeather Inc., Eagle Ottawa LLC, Leather Resource of America Inc., Elmo Sweden AB, Bader GmbH & Co. KG., and WOLLSDORF LEDER SCHMIDT & Co. Get.m.b.H.
Key Developments
Key companies in the market are focused on capacity expansion, in order to enhance the market presence. For instance, in November 2019, Scottish Leather Group Limited, a U.K.-based leather manufacturer, announced to open a new factory in Renfrewshire by the autumn of 2020.
Major market players are involved in product launches, in order to expand the product portfolio. For instance, in 2016, Elmo Sweden AB introduced Elmolite II- an ultra-light luxury type of leather, for automotive leather business.
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Global Automotive Artificial Leather Market Research Report 2019-2025
Summary – A new market study, titled "Global Automotive Artificial Leather Market Research Report 2020" has been featured on WiseGuyReports.
Global Automotive Artificial Leather Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
Also read – https://icrowdnewswire.com/2020/07/06/automotive-artificial-leather-market-2020-global-industry-leading-players-market-volume-trends-opportunities-market-study-and-foresight-to-2026/
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
PVC
PU
Others
Segment by Application
Headliners
Seats
Door Trims
Consoles
Others
Global Automotive Artificial Leather Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Automotive Artificial Leather market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Automotive Artificial Leather Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Benecke-Kaliko, Kyowa Leather Cloth, CGT, Vulcaflex, Scientex Berhad, Archilles, Mayur Uniquoters, Fujian Polyrech Technology, Wise Star, MarvelVinyls, Super Tannery Limited, Jiangsu Zhongtong Auto Interior Material, HR Polycoats, Longyue Leather, Wellmark, Veekay Polycoats, Xiefu Group, etc.
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Automotive Interior Leather Market to Witness an Outstanding Growth During 2021 – 2031
A recent market study published by FMI on the Automotive Interior Leather market includes global industry analysis for 2016-2020 & opportunity assessment for 2021-2031, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical and current growth parameters of the Automotive Interior Leather market, the growth prospects of the market are obtained with maximum precision.
Automotive Interior Leather Market: Taxonomy
The global Automotive Interior Leather market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.
Material Type
Genuine Leather
Synthetic Leather
PU Leather
PVC Leather
Sales Channel
Upholstery
Dashboard
Seat belts
Air-bags
Visit For Sample>>https://www.futuremarketinsights.com/reports/sample/rep-gb-1561
Report Chapters
Chapter 01 – Executive Summary
The report initiates with the executive summary of the Automotive Interior Leather Market, which includes a summary of key findings and statistics of the market. It also includes the demand-side & supply-side trends about the Automotive Interior Leather Market.
Chapter 02 – Market Overview
Readers can find the definition and a detailed taxonomy of the Automotive Interior Leather Market in this chapter, which will help them understand basic information about the market. Along with this, comprehensive information pertaining to automotive interior leather is provided in this section. This section also highlights the inclusions and exclusions, which help readers understand the scope of the Automotive Interior Leather Market report.
Chapter 03 – Key Market Trends
The Automotive Interior Leather Market report provides the key market trends and developments that are expected to significantly impact the market growth during the forecast period.
Chapter 04 – Key Success Factors
The Automotive Interior Leather Market report provides key factors that are expected to support the market growth over the forecast period. This section includes the factors that have emerged as key successful factors and strategies adopted by key market participants.
Chapter 05 – Global Automotive Interior Leather Market Demand (in Volume or Size in US$ Mn) Analysis 2016-2031 and Forecast, 2021–2031
This section explains the global market volume analysis or market size and forecast for the Automotive Interior Leather Market in the forecast period of 2021-2031. Readers can also find the absolute $ opportunity for the year (2020), and an incremental $ opportunity for the forecast period (2021-2031).
For any queries linked with the report, ask an analyst >>https://www.futuremarketinsights.com/ask-question/rep-gb-1561
Chapter 06 – Global Automotive Interior Leather Market – Pricing Analysis
This section provides the pricing analysis for automotive interior leather on the basis of Vehicle type.
Chapter 07 – Global Automotive Interior Leather Market Demand (in Value or Size in US$ Mn) Analysis 2016-2031 and Forecast, 2021–2031
This section explains the global market value analysis or market size and forecast for the Automotive Interior Leather Market in the forecast period of 2021-2031. Readers can also find the absolute $ opportunity for the year (2020), and an incremental $ opportunity for the forecast period (2021-2031).
Chapter 08 – Market Background
This chapter explains key macro-economic factors that are expected to influence the growth of the Automotive Interior Leather Market over the forecast period. This section also covers COVID-19 Impact assessment for the global market. Along with the macroeconomic factors, this section also highlights the value chain, and forecast factors for the Automotive Interior Leather Market. Moreover, in-depth information about the market dynamics and their impact analysis on the market have been provided in the successive section.
Chapter 09 – Global Automotive Interior Leather Market Analysis 2016-2031 & Opportunity Assessment 2021-2031, by Material type
Based on material type, the Automotive Interior Leather Market is segmented into Genuine Leather and Synthetic Leather and then is sub-segmented into PU Leather and PVC Leather.
Chapter 10 – Global Automotive Interior Leather Market Analysis 2016-2031 & Opportunity Assessment 2021-2031, by Vehicle Type
Based on vehicle type, the Automotive Interior Leather Market is segmented into Passenger Cars, LCV and HCV. Passenger car is further sub-segmented into Compact, Sub-compact, Mid-size, Sedan, Luxury, Van.
Chapter 11 – Global Automotive Interior Leather Market Analysis 2016-2031 & Opportunity Assessment 2021-2031, by Application
Based on application, the Automotive Interior Leather Market is segmented into Upholstery, Dashboard, Seat belts, Air-bags, Floor & trunk carpets, Headliners and others (trims, steering, gear box cover, sun visor, etc.)
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Chapter 12 – Global Automotive Interior Leather Market Analysis 2016-2031 & Opportunity Assessment 2021-2031, by Sales Channel
Based on sales channel, the Automotive Interior Leather Market is segmented into OEM and Aftermarket.
Chapter 13 – Global Automotive Interior Leather Market Analysis 2016-2031 & Opportunity Assessment 2021-2031, by Region
This chapter explains how the Automotive Interior Leather Market will grow across several geographic regions such as North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East and Africa (MEA)
Chapter 14 – North America Automotive Interior Leather Market Analysis 2016-2031 & Opportunity Assessment 2021-2031
This chapter includes a detailed analysis of the growth of the North America Automotive Interior Leather Market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the pricing analysis, regional trends, and market growth based on application and countries in North America.
Chapter 15 – Latin America Automotive Interior Leather Market Analysis 2016-2031 & Opportunity Assessment 2021-2031
This chapter provides the growth scenario of the Automotive Interior Leather Market in Latin America countries such as Brazil, Mexico, Argentina and the Rest of Latin America. Along with this, an assessment of the market across target segments has been provided.
Chapter 16 – Europe Automotive Interior Leather Market Analysis 2016-2031 & Opportunity Assessment 2021-2031
Important growth prospects of the Automotive Interior Leather Market based on its Application in several countries such as Germany, Italy, France, U.K., Spain, Russia, Poland and the Rest of Europe are included in this chapter.
Chapter 17 – South Asia & Pacific Automotive Interior Leather Market Analysis 2016-2031 & Opportunity Assessment 2021-2031
Important growth prospects of the Automotive Interior Leather Market based on its Applications in several countries such as India, ASEAN and Rest of South Asia & Pacific are included in this chapter.
Chapter 18 – East Asia Automotive Interior Leather Market Analysis 2016-2031 & Opportunity Assessment 2021-2031
This chapter highlights the growth of the Automotive Interior Leather Market in East Asia by focusing on China, Japan and South Korea. This section also helps readers understand the key factors that are responsible for the growth of the Automotive Interior Leather Market in East Asia.
Chapter 19 – Middle East & Africa Automotive Interior Leather Market Analysis 2016-2031 & Opportunity Assessment 2021-2031
This chapter highlights the growth of the Automotive Interior Leather Market in Middle East & Africa by focusing on GCC Countries, South Africa and Rest of MEA. This section also helps readers understand the key factors that are responsible for the growth of the Automotive Interior Leather Market in Middle East.
Chapter 20 – Key and Emerging Countries Automotive Interior Leather Market Analysis
Important growth prospects of the Automotive Interior Leather Market for the key and emerging countries are included in this chapter. This chapter helps the reader to under the country wise scenario of the Automotive Interior Leather Market
Chapter 21 – Market Structure Analysis
In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the Automotive Interior Leather Market, along with their market presence analysis by region and product portfolio.
Chapter 22 – Competition Landscape
In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the Automotive Interior Leather Market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. The market players featured in the report are Scottish Leather Group Limited, Lear Corporation, WOLLSDORF LEDER SCHMIDT & Co. Ges.m.b.H., GST AutoLeather Inc., Bader GmbH & Co. KG, BOXMARK Leather GmbH & Co KG, Elmo Sweden AB, Leather Resource of America, DK Leather Corporation, Mayur Uniquoters Ltd., Alea Leather Specialist Inc., Katzkin Leather, Inc, Seiren Co., Ltd.
Chapter 23 – Assumptions and Acronyms
This chapter includes a list of acronyms and assumptions that provides a base to the information and statistics included in the Automotive Interior Leather Market report.
Chapter 24 – Research Methodology
This chapter helps readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the Automotive Interior Leather Market.
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Global Automotive Artificial Leather Market - Growth Drivers, Opportunities And Forecast Analysis To 2020-2026
Summary - A new market study, “ Global Automotive Artificial Leather Market - Growth Drivers, Opportunities And Forecast Analysis To 2020-2026 ” has been featured on WiseGuyReports.
Global Automotive Artificial Leather Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
PVC
PU
Others
Also Read : https://icrowdnewswire.com/2020/07/06/automotive-artificial-leather-market-2020-global-industry-leading-players-market-volume-trends-opportunities-market-study-and-foresight-to-2026/
Segment by Application
Headliners
Seats
Door Trims
Consoles
Others
Global Automotive Artificial Leather Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Automotive Artificial Leather market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Automotive Artificial Leather Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Benecke-Kaliko, Kyowa Leather Cloth, CGT, Vulcaflex, Scientex Berhad, Archilles, Mayur Uniquoters, Fujian Polyrech Technology, Wise Star, MarvelVinyls, Super Tannery Limited, Jiangsu Zhongtong Auto Interior Material, HR Polycoats, Longyue Leather, Wellmark, Veekay Polycoats, Xiefu Group, etc.
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Automotive Interior Leather Market Global Trends, Share, Growth, Opportunity And 2027
Market Overview
The automotive interior leather is used in the upholstery and interior of a vehicle, in order to enhance the feel and appearance of the vehicle. The passenger and driver can actually experience the texture and feel of the leather. It is an essential part of the automotive industry, which is used to enhance the esthetics of the vehicle since it can cover the infotainment center, controllers, and steering. Apart from appearance, automotive leather is used to sustain various types of fatigue such as wear & tear and scratches. The automotive interior leather is different from furniture leather as less fat liquors are used in the production of automotive interior leather, in order to make it more resistant to stretching and bagging. Moreover, automotive interior leather is adequate protection from the sun’s UV rays.
The global Automotive Interior Leather Market was to accounted for US$ 29,441.6 Mn in terms of value and 741.4 Mn sq meter in terms of volume in 2019 and is expected to grow at CAGR of 5.2% for the period 2019-2027
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Market Dynamics
Many automakers have started to rebrand their respective compact and mid-sized car models with introduction of stylish interior features. This, in turn, has increased adoption of automotive interior leather. Consumers prefer affordable interior leather products that do not require excessive maintenance without compromising on looks. Furthermore, various interior features that were available to luxury cars are now being added in mid-size and compact cars, in order to gain an advantage over competitors and strengthen their product portfolio. According to Coherent Market Insights’ analysis, the base version of a premium car such as Chrysler had around 20% leather interiors until about a few years ago, which is expected to increase to over 40% in the near future. Moreover, growing consumer preference for luxury vehicles and rising attention on automotive interior components such as seat-belts, upholstery, seat, trunk & floor carpets, and leather-covered dashboards are compelling OEMs to lay emphasis on quality of leather used vehicle interiors. Thus, these factors are expected to drive the global automotive interior leather market growth over the forecast period.
Detailed Segmentation:
Global Automotive Interior Leather Market, By Material Type:
Genuine Leather
Synthetic Leather
PU Leather
PVC Leather
Global Automotive Interior Leather Market, By Vehicle Type:
Passenger Vehicles
Compact
Sub-compact
Mid-size
Sedan
Luxury
Van
Heavy Commercial Vehicles
Light Commercial Vehicles
Global Automotive Interior Leather Market, By Application:
Upholstery
Dashboard
Seat belts
Air-bags
Floor & trunk carpets
Headliners
Others
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Key players operating in the global automotive interior leather market are Elmo Sweden AB, D.K Leather Corporation, Scottish Leather Group Limited, GST AutoLeather Inc., Eagle Ottawa LLC, Leather Resource of America Inc., Elmo Sweden AB, Bader GmbH & Co. KG., and WOLLSDORF LEDER SCHMIDT & Co. Get.m.b.H.
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Artificial Leather Market 2019 Size, Industry Growth, Trends and Analysis Research Report 2023
Artificial Leather Highlights
The artificial leather market witnessed a potential growth owing to growing environmental concern regarding killing of animals which led to development of artificial leather across end user industries. Artificial leather is durable, cost effective and stain resistance which makes it more attractive then real leather. Growing fashion industry along with changing taste of people has shifted the demand for artificial leather across the industry. Wide variety of goods are produced from artificial leather. They are luggage, wallets, bags, jackets, car interiors, mobile cases and covers, sofas etc. Thus, growing application has boosted the demand for artificial leather market.
Key Players of Global Artificial Leather
Market Research Future (MRFR) recognizes the following companies as the key players in the Global Artificial Leather market: 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.
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Strategic market of Global Artificial Leather market is expected to grow at ~7.9% CAGR during 2016-2022
Commenting on this report, an analyst from Market Research Future (MRFR)’s team said, “Global Artificial Leather market size is expected to grow at ~38.2 billion by 2022.
Product Segment Analysis
Artificial leather is available mainly in two forms polyurethane (PU) and polyvinyl chloride (PVC). PU based artificial leather is leading segment over the forecasted period 2016-2022. Pleather is low cost artificial material made from plastic materials which are lighter in weight. Both PU based and PVC based artificial leather comes under pleather. PU based artificial leather is easier to clean and environment friendly compared to PVC based artificial coating, as it does not create dioxins. It offers advantages such as waterproof, lighter and softer compared to real leather and higher tensile strength. Thus, the material is widely used in automobile and clothing industries. Further PVC is made up of additional plasticizers and dyed to PVC so that fabric is made softer. It is extensively used to make items with low stress tolerance. Thus, PU based artificial leather is more expensive than PVC based artificial leather. This can restrain the market growth of artificial leather in coming years.
End User Industry Analysis
According to end user industry, artificial leather is segmented into automotive, furnishing, footwear, clothing, others. Footwear segment is largest end user industry of artificial leather. This is attributed to growing need of footwear according to changing climatic conditions. As artificial leather is dyed in such a way that it looks similar to real leather, it has substituted genuine leather in clothing and furnishing industries. PU based artificial leather possess strong stress tolerance which makes it viable to use in boots, shoes bags, luggage, gloves and other consumer goods. Thus, drive the artificial leather market in footwear and clothing industry. Growing concern of lightweight leather in automotive sector is anticipated drive the artificial leather over the forecasted horizon. Changing lifestyle of people according to region has also boosted the demand for artificial leather in furnishing and automobile industry.
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Regional Insights
The market is classified and analyzed on the basis of various geographic segmentation which includes; Americas, Europe, Asia-Pacific, Middle East and Africa. Out of all, Asia Pacific Artificial Leather market is largest market owing to robust industry growth of end user industry in China and India. Rapid industrializations, favorable government regulations and increase in per captia income will significantly grow the artificial leather market in emerging economies such as China, India and Japan. Rise in population leads to increase in demand for footwear, automobile, clothing etc. Thus, developing regions witnessed a high growth in artificial leather market.
The growing automotive and footwear industry in European market is anticipated to drive the demand of artificial leather. Regulations regarding animal welfare is driving the demand for artificial leather across various regions. North America witnessed a positive growth in artificial leather market owing to presence of international fashion brands across the region.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of key vendors.
Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Artificial Leather Market
5 Industry Overview Of Global Artificial Leather Market
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Global automotive interior materials market was valued US$ 46.90 Bn in 2017 and is expected to reach 60.20 Bn by 2026, at a CAGR of 3.73 % during a forecast period.
Automotive interior materials are resources, which are consumed inside the cabin of an automotive like plastics, metals, and composites. Increasing demand for the electrical vehicle, rising consumer spending levels & changing life style habits, and advancements in technologies in automotive industry are driving the automotive interior materials market growth. Additionally, increasing adoption for lightweight materials is also boosting the global automotive interior materials market growth. Furthermore, plastic material is widely used in the interior materials. Recyclability issues of plastics, strict regulations are the limiting the automotive interior materials market growth.
The integration of green technology and nanotechnology in automotive industry is projected to be the key growth opportunity for automotive interior materials market . The usage of environment-friendly leather, green chemistry in tanning proces are some of the potential factors , which increasing the demand of genuine leather.
Polymers are the extensively used type of automotive interior materials. Consumer preference towards the lightweight and durable interior components are expected to increase the demand for polymers. With rising concerns about the environment and global warming, legislative constraints have become more stringent. For reducing vehicles’ CO2 emissions automotive key players are focusing on the overall weight. These are the factors, which are increasing demand for polymers in the global automotive interiors market.
Dashboard segement is expected to doaminate global automotive interior materials market. The dominance position in the market can be attibuted to the development in vehicle dashboards and their material. These material has a significant impact on the automotive industry . The dashboards are now projected to be environment-friendly and free from harmful materials. With the utilizes new technology, design, and material, the production of the dashboard is expected to propel automotive interior materials market growth.
The passenger cars segment is expected to lead the market during the forecast period.The passenger cars are the widely popular vehicle type acaross the globe. Growing need to own cars, increasing preference for automotive interior materials in cars, and civilizing living standards of people are expected to contribute passenger cars segment growth. Additionally, the increasing need for safe commuting and comfort is increasing and demand for passenger cars is projected to grow during the forecast period.
Asia Pacific is estimated to hold significant growth in the global automotive interior materials market. The growth in the market is attributed to the presence of the prominent automotive kry players. Growing use of automotive interior materials for different vehicle types in emerging countries like India and China are expected to drive the automotive interior materials market in this region. Consumption of automotive interior materials is expected to increase in this region owing to increasing population, development in the automotive industry, and steady economic growth. Considerable development in composite and plastic components is expected to boost the automotive interior materials market growth in this region.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments by type, vehicle type, application and region and, project the global automotive interior materials market. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global automotive interior materials market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
Scope of the Report for Global Automotive Interior Materials Market
Global Automotive Interior Materials Market, By Type
• Polymers
• Genuine Leather
• Fabric
• Synthetic Leather
o PU
o PVC
• Others
Global Automotive Interior Materials Market, By Vehicle Type
• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
Global Automotive Interior Materials Market, By Application
• Dashboard
• Seats
• Airbags & Seat belts
• Door panel & trims
• Carpet and headliners
• Others
Global Automotive Interior Materials Market, By Geography
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players
• Lear Corporation
• Yanfeng Automotive Interiors
• Seiren Co., Ltd.
• Adient PLC
• Toyota Boshoku Corporation
• Faurecia S.A.
• Toyoda Gosei Co., Ltd.
• Sage Automotive Interiors Inc.
• Grupo Antolin
• DK Leather Corporation Berhad
• Mgna International Inc.
• Grammer AG
• Katzkin Leather Inc.
• SMS Auto Fabrics
• Draexlmaier Group
• Calsonic Kansei Corporation
• Benecke-Kaliko AG
• Eissmann Automotive Deutschland GmbH
• Boxmark Leather Holding GmbH
• Wollsdorf Leder Schmidt & Co. Ges.M.B.H.
• Classic Soft Trim, Inc.
• Nbhx Trim GmbH
• Groclin SA
• Elmo Sweden AB
• AGM Automotive, LLC
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