Synthetic Leather Market Report Scope and Research Methodology :
Synthetic leather, known by various names including leatherette, vegan leather, faux leather, PU leather, and pleather, has gained widespread acceptance as a cost-effective alternative to genuine leather in various applications such as upholstery, clothing, footwear, and fabrics. Its popularity stems from its affordability and the absence of genuine animal hide, making it an ethical choice.
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Synthetic Leather Market Dynamics:
The growing global population and rising wealth levels are expected to drive the demand for leather products. However, key industry players are focusing on alternatives to genuine leather, with a particular emphasis on bio-based synthetic leather. Strict environmental regulations have spurred the production of bio-based leather, which uses materials like polyurethane (PU) and polyvinyl chloride (PVC) without the harmful effects associated with traditional synthetic leather. Manufacturers are increasingly utilizing natural fibers like flax and cotton in the production of bio-based leather.
Synthetic Leather Market Regional Insights:
Asia Pacific dominates the synthetic leather market, driven by high population growth and innovative technology development. China, the world's largest leather producer, leads the region, thanks to its abundant raw materials. India also plays a significant role, accounting for around 13% of global leather production. Tamil Nadu, the largest leather-producing state in India, contributes more than 40% to the country's total production.
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Synthetic Leather Market Segmentation:
by Type
PU (polyurethane)
PVC (polyvinyl chloride)
Bio based
by Application
Furnishing
Automotive
Foot wear
Bags & wallets
Clothing
Others
Synthetic Leather Market Key Players:
1. Kuraray Co., Ltd.
2. Asahi Kasei Corporation
3. San Fang Chemical Industry Co., Ltd.
4. Toray Coatex Co. Ltd.
5. H.R. Polycoats Pvt. LTD.
6. ALFATEX
7. Filwel Co., Ltd.
8. Teijin Limited
9. Mayur Uniquoters Ltd.
10.Nan Ya Plastics Co. Ltd.
11.Filwel Co. Ltd.
12.Zhejiang Hexin Industry Group Co., Ltd.
13.Alfatex
14.H.R. Polycoats Pvt. Ltd.
15.Yantai Wanhua Synthetic Leather Group Co. Ltd.
16.Kolon Industries Inc
17.Toray Industries Inc
18.Anhui Material Type Co., Ltd.
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Table of content for the Synthetic Leather Market includes:
- Global Synthetic Leather Market : Research Methodology
- Global Synthetic Leather Market : Executive Summary
- Market Overview and Definitions
- Introduction to the Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Synthetic Leather Market : Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size and Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by growth and trend
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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