Latest Report:Synthetic Leather Market by Type , End-Use Industry – Global Forecast to 2026


Posted April 11, 2017 by annyang

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"Latest Report:Synthetic Leather Market by Type (Polyurethane, Polyvinyl Chloride, Bio-based), End-Use Industry (Footwear, Furnishing, Automotive, Clothing, Bags, Purses & Wallets) – Global Forecast to 2026" published in April 2017. It is a professional and in-depth study.

Summary

Market Research Report Store announces a new report" Synthetic Leather Market "added to its database.The global synthetic leather market was valued at USD 51.81 billion in 2015, and is projected to reach USD 208.81 billion by 2026, at a CAGR of 13.4% from 2016 to 2026. The growing demand from major end-use industries such as footwear, furnishing, and automotive is expected to drive the market in the future. The harmful environmental effects of the processing of PVC and PU is a major restraint for the market.

Detailed TOC Of Report  @https://www.marketresearchreportstore.com/shop/synthetic-leather-market-by-type-polyurethane-polyvinyl-chloride-bio-based-end-use-industry-footwear-furnishing-automotive-clothing-bags-purses-wallets-global-forecast-to-2026-2

PU-based synthetic leather to witness the highest growth rate during forecast period

PU-based synthetic leather is expected to witness the highest growth rate from 2016 to 2026. PU-based synthetic leather is made with the use of soft polymers, hence it does not require additional plasticizers. It offers many advantages such as, it is waterproof, lighter than real leather, and is comparatively soft. In some cases, the PU-based leather may tear easily, but it does not fade or crack due to exposure to sunlight. It is widely preferred in the automotive, and clothing industries. Polyurethane leather is considered more environment friendly as compared to vinyl based leather, as it does not create dioxins. PU-based leather is more expensive than PVC-based leather, due to the extensive manufacturing process required.

Asia-Pacific to be the largest and fastest-growing market during forecast period

The Asia-Pacific region is projected to be the largest and fastest-growing synthetic leather market due to the growing construction and automotive industry in the region. The South American synthetic leather market is also expected to grow at a high rate due to the growing automotive, footwear, and furnishing industries. North America is a significant market for synthetic leather, though is witnessing a moderate growth rate due to the growing concerns regarding killing animals which is reducing the demand for pure leather, and increasing the demand for synthetic leather.

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Break-up of profiles of primary participants for the report
• By Company Type – Tier 1–37%, Tier 2–50%, and Tier 3–13%
• By Designation – C Level– 50%, Director Level–31%, and Others–19%
• By Region – North America–32%, Europe–39%, Asia-Pacific–13%, the Middle East & Africa-10%, and South America-6%

The prominent players
Kuraray Co. Ltd. (Japan),
San Fang Chemical Industry Co. Ltd (Taiwan),
Teijin Limited (Japan),
Mayur Uniquoters Ltd. (India),
Nan Ya Plastics Co. Ltd. (Taiwan), Filwel Co. Ltd. (Japan),
Zhejiang Hexin Industry Group Co.,
Ltd. (China), Alfatex (Italy), H.R. Polycoats Pvt. Ltd. (India),
Yantai Wanhua Synthetic Leather Group Co. Ltd. (China).

Some TOC of the Market Research Report:
1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 MARKETS SCOPE 14
1.3.1 MARKETS COVERED 14
1.3.1.1 Scope of the report, by region 15
1.3.2 YEARS CONSIDERED FOR THE STUDY 15
1.3.3 CURRENCY 16
1.3.4 LIMITATIONS 16
1.4 STAKEHOLDER 16
2 RESEARCH METHODOLOGY 17
2.1 RESEARCH DATA 17
2.1.1 KEY DATA FROM SECONDARY SOURCES 18
2.1.2 PRIMARY DATA 19
2.1.2.1 Key data from primary sources 19
2.1.2.2 Key industry insights 20
2.1.2.3 Breakdown of primary interviews 20
2.2 MARKET SIZE ESTIMATION 21
2.2.1 BOTTOM-UP APPROACH 21
2.2.2 TOP-DOWN APPROACH 22
2.3 DATA TRIANGULATION 23
2.4 ASSUMPTIONS 24
3 EXECUTIVE SUMMARY 25
4 PREMIUM INSIGHTS 28
4.1 ATTRACTIVE MARKET OPPORTUNITIES FOR SYNTHETIC LEATHER MANUFACTURERS 28
4.2 RAPID GROWTH IN SYNTHETIC LEATHER MARKET DUE TO HIGH DEMAND IN DEVELOPING REGIONS 28
4.3 PU-BASED SYNTHETIC LEATHER DOMINATES SYNTHETIC LEATHER MARKET 29
4.4 FOOTWEAR INDUSTRY IS THE POTENTIAL MARKET FOR SYNTHETIC LEATHER MANUFACTURERS 29
4.5 SYNTHETIC LEATHER MARKET ATTRACTIVENESS 30

5 MARKET OVERVIEW 31
5.1 INTRODUCTION 32
5.2 MARKET SEGMENTATION 32
5.2.1 SYNTHETIC LEATHER MARKET SEGMENTATION, BY TYPE 32
5.2.2 SYNTHETIC LEATHER MARKET SEGMENTATION, BY END-USE INDUSTRY 33
5.3 MARKET DYNAMICS 33
5.3.1 DRIVERS 34
5.3.1.1 Growing demand from the footwear industry 34
5.3.1.2 No animal killing involved which makes it a major alternative of pure leather 34
5.3.1.3 Advantages over pure leather 34
5.3.2 RESTRAINTS 35
5.3.2.1 Harmful effects of PU and PVC 35
5.3.3 OPPORTUNITIES 35
5.3.3.1 Focus on development of bio-based synthetic leather 35
5.4 REVENUE POCKET MATRIX 36
6 SYNTHETIC LEATHER MARKET, BY TYPE 43
6.1 INTRODUCTION 44
6.2 PU SYNTHETIC LEATHER 45
6.2.1 MICROFIBER LEATHER 46

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Issued By Market Research Report Store
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Categories Marketing
Last Updated April 11, 2017