The report, additionally, examines the prevailing trends in the market, along with the macro- and micro-economic indicators. The report delivers a deep understanding of the key aspects of the Synthetic Leather market, for instance, import and export dynamics, production and consumption rates, and consumer bases across the major market regions.
The global synthetic leather market is expected to reach a market size of USD 80.20 Billion in 2028 and register a CAGR of 4.0% during the forecast period, according to the latest analysis by Emergen Research. The projected growth figures are attributed to increasing demand from the automotive and fashion industry and the need to replace natural leather, as synthetic leather is far less hazardous than natural leather when it comes to global warming and resource depletion. Furthermore, synthetic leather is less expensive and more durable than natural leather, which has further contributed to its growth.
The report is updated with the impact of the COVID-19 pandemic on the Synthetic Leather market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the Synthetic Leather market has been positive or negative.
Emergen Research has recently published a detailed report on the global Synthetic Leather market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the Synthetic Leather market through verified and validated data curated to offer accurate insights.
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The report further divides the Synthetic Leather market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Synthetic Leather market.
Synthetic Leather Market Segmentation:
Type Outlook (Revenue, USD Billion; 2021–2028)
- Polyurethane (PU)
- Polyvinyl Chloride (PVC)
- Bio-Based
Application Outlook (Revenue, USD Billion; 2021-2028)
- Footwear
- Clothing
- Automotive
- Bags
- Purses Wallets
- Furnishing
- Sports
- Electronics
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The report also studies the key companies of the Synthetic Leather market along with analysis of their business strategies, MA activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities. Some players analyzed in the report are:
Key companies operating in the Synthetic Leather market include:
H.R. Polycoats Pvt. Ltd., Kuraray Co., Ltd., Teijin Limited, Zhejiang Hexin Industry Group Co., Ltd., Alfatex N.V., San Fang Chemical Industry Co., Ltd., Filwel Co., Ltd., Yantai Wanhua Synthetic Leather Group Co., Ltd., BASF SE, Mayur Uniquoters Limited
The Global Synthetic Leather Report is a panoramic study of the overall Synthetic Leather market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Synthetic Leather market. The report provides a detailed analysis of the key factors of the Synthetic Leather market that are expected to have a positive impact on the growth of the Synthetic Leather industry.
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Regional Segmentation
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Overview of the Synthetic Leather Market Report:
- Introduction, Product Scope, Market Overview, and Opportunities
- Analysis of the Manufacturers with sales, revenue, and price analysis
- Comprehensive analysis of the competitive landscape
- Extensive profiling of the key competitors along with their business strategies and market size
- Regional analysis of the market along with sales, revenue, market share, and global position
- Country-wise analysis of the market along with types, applications, and manufacturing
- Strategic recommendations to established players as well as new entrants
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