The Synthetic Leather Market is expected to be around US$ 157.3 Billion by 2028 at a CAGR of 7.5% in the given forecast period.
Globally rising product demand from the footwear sector is projected to be a major factor accelerating the synthetic leather market growth. Consists of a cloth base coated with a synthetic resin, artificial leather caters as a perfect alternative, which is also boosting its demand in various applications such as fabrics, clothing, footwear, upholstery, and others where a leather-like finish is needed, and the material is unusable, unsuitable, and cost-prohibitive. The production process has developed over the past few years for the shell coating to go on top of the synthetic polymer blend. In addition, the increasing scope of application across several segments, such as furnishing, clothing, automotive, bags, and others, will propel the market growth.
The global Synthetic Leather market is segregated on the basis of Type as PU-Based, PVC Based and Bio-based. Based on End-use Industry the global Synthetic Leather market is segmented in Footwear, Furnishing, Automotive, Clothing, Bags, Purses & Wallets and Others.
The global Synthetic Leather market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Synthetic Leather market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Kuraray, Asahi Kasei Corporation, San Fang Chemical Industry Co., Ltd., Toray Coatex Co. Ltd., H.R. Polycoats Pvt. LTD., Leather Resource Of America Inc., Daewon Chemical Co Ltd., Teijin Limited, Mayur Uniquoters Ltd., Nan Ya Plastics Co. Ltd., Filwel Co. Ltd., Zhejiang Hexin Industry Group Co., Ltd., Alfatex, H.R. Polycoats Pvt. Ltd., Yantai Wanhua Synthetic Leather Group Co. Ltd., and others are among the major players in the global Synthetic Leather market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Synthetic Leather Market has been segmented as below:
Synthetic Leather Market, By Type
Synthetic Leather Market, By End-use Industry
Synthetic Leather Market, By Region
Synthetic Leather Market, By Company
The report covers:
Report Scope:
The global Synthetic Leather market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Synthetic Leather market share. Major industry players with significant revenue share include Kuraray, Asahi Kasei Corporation, San Fang Chemical Industry Co., Ltd., Toray Coatex Co. Ltd., H.R. Polycoats Pvt. LTD., ALFATEX, Filwel Co., Ltd., Teijin Limited, Mayur Uniquoters Ltd., Nan Ya Plastics Co. Ltd., Filwel Co. Ltd., Zhejiang Hexin Industry Group Co., Ltd., Alfatex, H.R. Polycoats Pvt. Ltd., Yantai Wanhua Synthetic Leather Group Co. Ltd., and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Market Research Process
2.3. Research Data Analysis
2.3.1.1. Secondary Research
2.3.1.2. Primary Research
2.3.1.3. Models for Estimation
2.4. Market Size Estimation
2.4.1. Bottom-Up Approach- Segmental Market Analysis
2.4.2. Top-Down Approach- Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1. Introduction
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. Porter’s Five Force Analysis
5. Synthetic Leather Market, By Type
5.1. Introduction
5.2. PU-Based
5.2.1. Market Overview
5.2.2. Market Size and Forecast
5.3. PVC Based
5.3.1. Market Overview
5.3.2. Market Size and Forecast
5.4. Bio-based
5.4.1. Market Overview
5.4.2. Market Size and Forecast
6. Synthetic Leather Market, By End-use Industry
6.1. Introduction
6.2. Footwear
6.2.1. Market Overview
6.2.2. Market Size and Forecast
6.3. Furnishing
6.3.1. Market Overview
6.3.2. Market Size and Forecast
6.4. Automotive
6.4.1. Market Overview
6.4.2. Market Size and Forecast
6.5. Clothing
6.5.1. Market Overview
6.5.2. Market Size and Forecast
6.6. Bags, Purses & Wallets
6.6.1. Market Overview
6.6.2. Market Size and Forecast
6.7. Others
6.7.1. Market Overview
6.7.2. Market Size and Forecast
7. Synthetic Leather Market, By Geography
7.1. Introduction
7.2. North America
7.2.1. North America Synthetic Leather, By Type
7.2.2. North America Synthetic Leather, By End-use Industry
7.3. Europe
7.3.1. Europe Synthetic Leather, By Type
7.3.2. Europe Synthetic Leather, By End-use Industry
7.4. Asia-Pacific
7.4.1. Asia-Pacific Synthetic Leather, By Type
7.4.2. Asia-Pacific Synthetic Leather, By End-use Industry
7.5. Rest of the World
7.5.1. Rest of the World Synthetic Leather, By Type
7.5.2. Rest of the World Synthetic Leather, By End-use Industry
8. Competitive Insights
8.1. Key Insights
8.2. Company Market Share Analysis
8.3. Strategic Outlook
8.3.1. Mergers & Acquisitions
8.3.2. New Product Developments
8.3.3. Portfolio/Production Capacity Expansions
8.3.4. Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5. Others
9. Company Profiles
9.1. Kuraray
9.1.1. Company Overview
9.1.2. Product/Service Landscape
9.1.3. Financial Overview
9.1.4. Recent Developments
9.2. Asahi Kasei Corporation
9.2.1. Company Overview
9.2.2. Product/Service Landscape
9.2.3. Financial Overview
9.2.4. Recent Developments
9.3. San Fang Chemical Industry Co., Ltd.
9.3.1. Company Overview
9.3.2. Product/Service Landscape
9.3.3. Financial Overview
9.3.4. Recent Developments
9.4. Toray Coatex Co. Ltd.
9.4.1. Company Overview
9.4.2. Product/Service Landscape
9.4.3. Financial Overview
9.4.4. Recent Developments
9.5. H.R. Polycoats Pvt. LTD.
9.5.1. Company Overview
9.5.2. Product/Service Landscape
9.5.3. Financial Overview
9.5.4. Recent Developments
9.6. Leather Resource Of America Inc.
9.6.1. Company Overview
9.6.2. Product/Service Landscape
9.6.3. Financial Overview
9.6.4. Recent Developments
9.7. Daewon Chemical Co Ltd.
9.7.1. Company Overview
9.7.2. Product/Service Landscape
9.7.3. Financial Overview
9.7.4. Recent Developments
9.8. Teijin Limited
9.8.1. Company Overview
9.8.2. Product/Service Landscape
9.8.3. Financial Overview
9.8.4. Recent Developments
9.9. Mayur Uniquoters Ltd.
9.9.1. Company Overview
9.9.2. Product/Service Landscape
9.9.3. Financial Overview
9.9.4. Recent Developments
9.10. Nan Ya Plastics Co. Ltd.
9.10.1. Company Overview
9.10.2. Product/Service Landscape
9.10.3. Financial Overview
9.10.4. Recent Developments
9.11. Filwel Co. Ltd.
9.11.1. Company Overview
9.11.2. Product/Service Landscape
9.11.3. Financial Overview
9.11.4. Recent Developments
9.12. Zhejiang Hexin Industry Group Co., Ltd.
9.12.1. Company Overview
9.12.2. Product/Service Landscape
9.12.3. Financial Overview
9.12.4. Recent Developments
9.13. Alfatex
9.13.1. Company Overview
9.13.2. Product/Service Landscape
9.13.3. Financial Overview
9.13.4. Recent Developments
9.14. H.R. Polycoats Pvt. Ltd.
9.14.1. Company Overview
9.14.2. Product/Service Landscape
9.14.3. Financial Overview
9.14.4. Recent Developments
9.15. Yantai Wanhua Synthetic Leather Group Co. Ltd.
9.15.1. Company Overview
9.15.2. Product/Service Landscape
9.15.3. Financial Overview
9.15.4. Recent Developments
The Synthetic Leather Market has been segmented as below:
Synthetic Leather Market, By Type
Synthetic Leather Market, By End-use Industry
Synthetic Leather Market, By Region
Synthetic Leather Market, By Company
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