Synthetic Leather Market
Eco-Friendly Synthetic Leather Sales to see Maximum Light of the Day; amid a rising shift towards naturally-sourced Products
Synthetic Leather Market by Material Type, Application & Region - Forecast 2022 - 2032
Synthetic Leather Market Snapshot (2022-2032)
[236 Pages Report] The global synthetic leather market is expected to have garnered a market value of US$ 27.92 Billion in 2022 and is expected to accumulate a market value of US$ 50 Billion by registering a CAGR of 6% in the forecast period 2022-2032.
Growth of the synthetic leather market can be attributed to increasing development of plant-based leathers along with rapid adoption of synthetic leathers in end user industries. The market for synthetic leather registered a CAGR of 1% in the historical period 2017-2021.
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Data Points |
Key Statistics |
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Estimated Base Year Value (2021) |
US$ 26.34 Billion |
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Expected Market Value (2022) |
US$ 27.92 Billion |
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Anticipated Forecast Value (2032) |
US$ 50 Billion |
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Projected Growth Rate (2022-2032) |
6% CAGR |
Future Market Insights (FMI) estimates that synthetic leather sales will increase by 4.5% year-on-year in 2022, backed by rising demand for lightweight material for automotive interior and rising popularity of polyurethane leather across various industries.
FMI has identified Asahi Kasei, Nan Ya Plastics Corporation, Toray Industries, Teijin Limited, Kuraray Co., Ltd., Daewon Chemical Co Ltd., Kolon Industries Inc., Achilles Corp, and Mayur Uniquoters as leading players in synthetic leather market. They collectively account for more than 30% of global market share as of 2022.
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2017-2021 Synthetic Leather Demand Analysis Vs. Forecast 2022-2032
Growing demand for high-end luxury interior in automobiles and luxury goods at affordable pricing is driving the synthetic leather market growth sincre past few years. Future Market Insights in its analysis states that synthetic leather market grew at 1% CAGR between 2017 and 2021.
Increasing demand of eco-friendly products and stringent regulations regarding animal cruelty and slaughtering will fuel the adoption of synthetic leather in the upcoming years. Rising popularity of veganism and consequent campaigns aimed at encouraging vegan leather products sales on social media will play a critical role in driving the market over the assessment period.
Prevailing fashion trends in emerging economies of Asia and entry of leading footwear and apparel companies as a part of their global expansion strategy will boost the sales of synthetic leather market in these countries.
Automotive buyers are looking for luxurious interior design and elevated comfort at an affordable pricing. Manufacturing luxurious cockpit interior use natural leather, which is quite expensive and requires high maintenance, thus manufacturers are switching to artificial leather for car upholsteries owing to its relatively low cost, easy to clean and aesthetically pleasing attributes.
Research and development is the key area of focus among market players as they are heavily investing to develop plant-based synthetic leathers with properties superior to that of natural leather. Emergence of new market players developing multi-functional artificial leather will bode well with the market growth in the future.
Which Are Some Prominent Drivers Of Synthetic Leather Market?
Changing consumer preference positively affecting synthetic leather sales
High climate control, superior comfort, and easy to style properties of synthetic leather have made them increasingly in fashion industry. Besides this investment from leading fashion brands towards developing apparels and footwear from artificial leather coupled with increasing demand from consumers will pump up the market growth in upcoming years.
Thanks to various internet and social media campaigns, customers are rendered better aware regarding about adverse effects of natural leather production on the environment. Consequently, consumers are showing greater inclination towards choosing natural leather alternatives to play their part in protecting the environment.
Environmentally friendly leather contributing significantly to Market Growth
Natural leather-based product manufacturing results in carbon-dioxide emission. Contrary to this, sustainable production of synthetic leather based products will make a significant contribution in reducing carbon footprint.
Tanning of natural leather is a hazardous process and long-term exposure to tanning chemicals will lead to severe respiratory ailments and even cancer. People for the Ethical Treatment of Animals (PETA) India recently reported that tannery waste disposed in the river Ganga is causing a wide array of problem like creating health issues in humans and developing agricultural wastelands.
To address these issues leather product manufacturers are switching towards more environment friendly alternatives like bio-based synthetic leather, which are derived from plants.
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Talk to AnalystWhat Are The Challenges Faced By The Synthetic Leather Market?
Bio-based synthetic leather sales affecting overall market growth
Owing to the rising demand and strict international regulations aimed at curbing animal cruelty, manufacturers are shifting from natural leather towards bio-based or vegan synthetic leather for manufacturing footwear and bags. In addition, research has led to the development of vegan and environmentally friendly leather. This, in turn, is reducing the demand for animal-based leathers.
These new types of leathers are free from any toxic and harmful manufacturing and usage traits and are synthesized from natural fibers like flax or fibers of cotton mixed with palm, soybean, corn, and other plants. A new class of plant Based synthetic leather have emerged called “Pinatex” produced from pineapple leaves.
The pineapple leaf fibers have excellent strength and flexibility which are the key qualities required from manufacturing of leather. The manufacturing process itself consumes limited resources and thus helps in reducing the carbon emission.
Bio-based leather products have already started to hit the marketplace. With growing international pressure towards reducing the usage of toxic chemicals, these new alternatives can offer a major opportunity for plant based synthetic leather market growth.
Region-Wise Insights
Automotive and Fashion Industry Contribution to Italy’s Synthetic Leather Market Growth?
Innovations and launches leading increasing sales of synthetic leather in Italy
Italy is forecast to emerge as a highly lucrative synthetic leather market owing to booming fashion industry and presence of influential footwear companies in the country.
Due to growing awareness regarding the harmful effects of leather industry on the environment, consumers are switching towards more sustainable and artificial leather. In order to remain ahead of the curve and cater the rising demand, leading footwear companies are incorporating bio-based synthetic leather for manufacturing luxury footwear.
Italian automakers are also working to incorporate synthetic leather in their upholstery and cabin interior especially in their luxury car segment. For instance, luxury automotive giant Ferrari through its Tailor Made Programme offers Alcantara leather and other type of artificial leather alternatives for its high end car segments.
The company has also developed its own type of synthetic leather called “Mycro Prestige” and is considered to be better than the natural leather. These innovations and initiatives are expected to drive synthetic leather market growth in upcoming years in Italy. Thus, Italy is expected to hold nearly 30% market share for synthetic leather market in 2022.
Footwear Industry and Government Initiatives Bolstering Demand for Synthetic Leather in India?
Footwear expenditure and automotive industry positively influencing market growth
India is one of the largest footwear manufacturers in the world which makes it a lucrative market for synthetic leather sales. As synthetic leather is extensively used in manufacturing men and women’s footwear owing to its ease in designing and processing. Rising per capita income and increasing population will drive the sales of footwear, which will fuel the demand for synthetic leather in Indian footwear industry.
The government of India has recently launched “the Indian Footwear, Leather and Accessories Development Programme (IFLADP)” with a budget of Rs. 2600 crore (US$ 390 Billion). Through this programme, government will provide financial support in areas where modernization of production units is necessary and devise strategies for human resource development.
The government will also monitor the status of common effluent treatment plants (CETPs). These initiatives along with 100% foreign direct investment policies are expected to drive growth of synthetic leather market in future.
Synthetic leathers are finding its use in automotive domain in manufacturing car seats. Car manufacturers are switching towards synthetic leather for its low cost, high durability and wear resistance. Rise in automotive sales is anticipated to be a critical factor for market growth over the forecast period. Thus, India is expected to possess 25% market share for synthetic leather market in 2022.
Light Weight Nature of Synthetic Leather Increasing Adoption in Automotive Industries in Japan?
Automotive sector boosting growth of synthetic leather market in Japan
Spike in demand for lightweight and durable material for vehicle interior is seen in Japan. Increasing popularity of lightweight vehicles and growing consumer inclination towards maximum efficiency has led to adoption of synthetic leather for automotive interior in Japan.
Japan is the market leader in producing high end synthetic leather that is used to cover car seats and other interior components in vehicles. Presence of modern manufacturing machinery coupled with increasing investment among market players and automakers will lead to development of premium synthetic leather materials for seats and interior.
In addition, rising adoption of synthetic leather in cheaper motor vehicle variants will create opportunities for market growth in next decade. Rapid expansion of automotive sector in Japan is expected to provide attractive opportunities for manufacturers of synthetic leather.
For instance Mazda’s all new “MX-30” electric car will come with faux leatherette, rather than real leather on the seats. Company is also looking to replace leather on the steering wheel and gear selector. Thus, Japan is expected to procure 33% market share for synthetic leather market in 2022.
Consumer Electronics and Brand Launches Helping Synthetic Leather Market Grow in U.S.?
Launch of eco-friendly synthetic leather propelling market growth
According to Future Market Insight, U.S. market for synthetic leather will grow at a healthy rate over the forecast period. The rising for vegan footwear will boost the sales of synthetic leather in America. Leading footwear makers are looking to leverage this opportunity and are working towards developing and launching new products made from synthetic leather.
For instance, leading shoe-maker company Nike recently launched a new version of the iconic Nike Air Force 1s which are made from Piñatex pineapple leather. Similarly in April 2021, Dominic & Dempsey developed toddler boots made from Desserto Cactus Leather. Desserto Cactus Leather is a type of bio-based leather derived from cactus.
Increasing consumption of consumer electronics will create lucrative opportunities for market growth in U.S. Electronic companies are also focusing on using synthetic leather covering to protect laptops and other consumer electronics.
Hewlett-Packard recently introduced a new “Elito Folio” laptop which is equipped with bio-based synthetic leather cover. Previously company used natural leather but has switched towards more animal friendly alternative.
Despite devastating effect of the pandemic on U.S. synthetic leather sales, steady demand for consumer electronics will ascertain steady sales of synthetic leather in the country. Thus, U.S. is expected to hold 35% market share for synthetic leather market.
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Category-Wise Insights
Properties of Polyurethane Synthetic Leather Gaining Traction in End User Industries?
Ability to fight against weather making polyurethane usable in end user industries
Banning of PVC in multiple countries due to its harmful effects on environment and superior quality of PU as compared to PVC are the key growth drivers of PU synthetic leather market. PU synthetic leathers are made using multiple blends of PU and fabrics.
Further treatment of coated polymers gives natural leather type feel and texture to the synthetic leather. They are an ideal material for automotive and clothing industries as it is waterproof, lightweight and does not fail under weathering conditions.
Polyurethane (PU) synthetic leather is expected to surpass the polyvinyl chloride (PVC) leather market share over the forecast period. Thus, PU leather type is expected to possess 40% market share for synthetic leather market in 2022.
Start-Ups For Synthetic Leather Market
Key start-ups in the synthetic leather market are Gelatex, Phool.Co, Fruitleather Rotterdam, Malai, and Beyond Leather
- In 2020, Indian startup Phool.co developed artificial leather from leftover temple flowers. The company claims that this animal-free leather will emerge as the game changer for overall fashion industry.
- Malai, a key player in the synthetic leather market uses agricultural waste generated by coconut industry to make synthetic leather. The company is focusing on offering organic and sustainable leather.
Market Competition
Future Market Insights states that leading market players are investing towards creating new and advanced material to expand their market share. Emergence of start-ups and new players will further fuel the development especially in bio-based leather and similar materials.
FMI has identified Asahi Kasei, Nan Ya Plastics Corporation, Toray Industries, Teijin Limited, Kuraray Co., Ltd., Daewon Chemical Co Ltd., Kolon Industries Inc., Achilles Corp, and Mayur Uniquoters as leading players in synthetic leather market. They collectively account for more than 30% of global market share as of 2022.
Strategic merger, acquisition, and partnership are in the cards during the forecast period. Leading foot wear and apparel companies are also investing towards producing synthetic leather development in compliance with environment regulations.
- In June 2021, BMW invested in plant-based textile company Natural Fiber Welding with the aim to develop leather alternative for automotive interior. The Natural Fiber Welding Company specializes in producing Mirum, a leather alternative made entirely from biodegradable ingredients.
- In 2020, clothing and apparel giant H&M Launched synthetic leather made of wine waste & dye made of coffee grounds. H&M also partnered with Vegea, a biomaterial and bio-based leather making company to develop artificial leather made of wine by-products.
Report Scope
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Report Attribute |
Details |
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Market Value in 2022 |
US$ 27.92 Billion |
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Market Value in 2032 |
US$ 50 Billion |
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Growth Rate |
CAGR of 6% from 2022 to 2032 |
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Base Year for Estimation |
2021 |
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Historical Data |
2017-2021 |
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Forecast Period |
2022-2032 |
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Quantitative Units |
Revenue in USD Billion and CAGR from 2022-2032 |
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Report Coverage |
Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
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Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization |
Available Upon Request |
Key Segments Profiled In The Synthetic Leather Market Industry Survey
Synthetic Leather by Material Type:
- Polyvinyl Chloride
- Polyurethane
- Bio Based
Synthetic Leather by Application:
- Synthetic Leather for Footwear
- Synthetic Leather for Furnishing
- Synthetic Leather for Automotive
- Seat
- Door
- Dash
- Steering Cover
- Others
- Synthetic Leather for Clothing
- Synthetic Leather for Bags
- Synthetic Leather for Sports
- Synthetic Leather for Electronics
Synthetic Leather by Region:
- North America Synthetic Leather Market
- Latin America Synthetic Leather Market
- Asia Pacific Excluding Japan Synthetic Leather Market
- Western Europe Synthetic Leather Market
- Eastern Europe Synthetic Leather Market
- Middle East & Africa Synthetic Leather Market
- Japan Synthetic Leather Market
Frequently Asked Questions
FMI projects the global synthetic leather market to expand at a 6% value CAGR by 2032
The global synthetic leather market is estimated at a market value of US$ 27.92 Billion
The global synthetic leather market is expected to garner a market value of US$ 50 Billion
U.S. is expected to hold 35% market share for synthetic leather market in 2022.
Asahi Kasei, Nan Ya Plastics Corporation, Toray Industries, Teijin Limited, Kuraray Co., Ltd., Daewon Chemical Co Ltd., Kolon Industries Inc., Achilles Corp, and Mayur Uniquoters are some prominent synthetic leather market manufacturers
India is expected to possess 25% market share for synthetic leather market in 2022.
Italy is expected to hold nearly 30% market share for synthetic leather market in 2022.
Polyurethane (PU) synthetic leather is expected to possess 40% market share for synthetic leather market in 2022.
Table of Content
1. Executive Summary
1.1. Overview
1.2. Market Analysis
1.3. FMI Analysis and Recommendations
1.4. Wheel of Fortune
2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition
2.3. Global Market Product Lifecycle Stage
3. Market Viewpoint
3.1. Macro-Economic Factors
3.1.1. Urbanization Growth
3.1.2. Global GDP Growth
3.1.3. Retail Sector Growth
3.1.4. Global Trade Growth
3.1.5. Global Market Growth
4. Global Market Analysis 2017-2021 and Forecast 2022-2032
4.1. Introduction
4.1.1. Market Volume Projections
4.1.2. Market Size and Y-o-Y Growth
4.1.3. Absolute $ Opportunity
4.2. Global Supply Demand Scenario
4.3. Product – Cost Structure Analysis
4.4. Value Chain
5. Forecast Factors: Relevance and Impact
6. Global Market Analysis 2017-2021 and Forecast 2022-2032 By Material
6.1. Introduction / Key Findings
6.2. Historical Market Size (US$ Mn) and Volume Analysis By Material, 2017-2021
6.3. Current Market Size (US$ Mn) and Volume Forecast By Material, 2022-2032
6.3.1. PVC
6.3.2. PU
6.3.3. Bio Based
6.4. Key Trends / Developments
6.5. Market Attractiveness Analysis By Material
7. Global Market Analysis 2017-2021 and Forecast 2022-2032 By Application
7.1. Introduction / Key Findings
7.2. Historical Market Size (US$ Mn) and Volume Analysis By Application, 2017-2021
7.3. Current Market Size (US$ Mn) and Volume Forecast By Application, 2022-2032
7.3.1. Footwear
7.3.2. Furnishing
7.3.3. Automotive
7.3.3.1. Seat Cover & Head Rest
7.3.3.2. Door Panels
7.3.3.3. Dashboard & Rear Shelves
7.3.3.4. Steering Cover
7.3.3.5. Other Interior Trims
7.3.4. Clothing
7.3.5. Bags and Wallets
7.3.6. Sports
7.3.7. Electronics
7.3.8. Others
7.4. Market Attractiveness Analysis By Application
8. Global Market Analysis 2017-2021 and Forecast 2022-2032 By Region
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2017-2021
8.3. Current Market Size (US$ Mn) and Volume Forecast By Region, 2022-2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Asia Pacific Excluding Japan
8.3.4. Western Europe
8.3.5. Eastern Europe
8.3.6. Middle East and Africa
8.3.7. Japan
8.4. Market Attractiveness Analysis By Region
9. North Market Analysis 2017-2021 and Forecast 2022-2032
9.1. Introduction
9.2. Pricing Analysis
9.3. Regional Market Dynamics
9.3.1. Drivers
9.3.2. Restraints
9.3.3. Trends
9.4. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2017-2021
9.4.1. By Country
9.4.2. By Material
9.4.3. By Application
9.5. Current Market Size (US$ Mn) and Volume Forecast By Country 2022-2032
9.5.1. U.S.
9.5.2. Canada
9.6. Current Market Size (US$ Mn) and Volume Forecast By Material 2022-2032
9.6.1. PVC
9.6.2. PU
9.6.3. Bio Based
9.7. Current Market Size (US$ Mn) and Volume Forecast By Application 2022-2032
9.7.1. Footwear
9.7.2. Furnishing
9.7.3. Automotive
9.7.3.1. Seat Cover & Head Rest
9.7.3.2. Door Panels
9.7.3.3. Dashboard & Rear Shelves
9.7.3.4. Steering Cover
9.7.3.5. Other Interior Trims
9.7.4. Clothing
9.7.5. Bags and Wallets
9.7.6. Sports
9.7.7. Electronics
9.7.8. Others
9.8. Drivers and Restraints: Impact Analysis
9.9. Market Attractiveness Analysis
9.9.1. By Country
9.9.2. By Material
9.9.3. By Application
9.10. Key Representative Market Participants
9.11. Market Presence (Intensity Map)
10. Latin America Market Analysis 2017-2021 and Forecast 2022-2032
10.1. Introduction
10.2. Key Regulations
10.3. Pricing Analysis
10.4. Regional Market Dynamics
10.4.1. Drivers
10.4.2. Restraints
10.4.3. Trends
10.5. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2017-2021
10.5.1. By Country
10.5.2. By Material
10.5.3. By Application
10.6. Current Market Size (US$ Mn) and Volume Forecast By Country 2022-2032
10.6.1. Brazil
10.6.2. Mexico
10.6.3. Rest of Latin America
10.7. Current Market Size (US$ Mn) and Volume Forecast By Material 2022-2032
10.7.1. PVC
10.7.2. PU
10.7.3. Bio Based
10.8. Current Market Size (US$ Mn) and Volume Forecast By Application 2022-2032
10.8.1. Footwear
10.8.2. Furnishing
10.8.3. Automotive
10.8.3.1. Seat Cover & Head Rest
10.8.3.2. Door Panels
10.8.3.3. Dashboard & Rear Shelves
10.8.3.4. Steering Cover
10.8.3.5. Other Interior Trims
10.8.4. Clothing
10.8.5. Bags and Wallets
10.8.6. Sports
10.8.7. Electronics
10.8.8. Others
10.9. Drivers and Restraints: Impact Analysis
10.10. Market Attractiveness Analysis
10.10.1. By Country
10.10.2. By Material
10.10.3. By Application
10.11. Key Representative Market Participants
10.12. Market Presence (Intensity Map)
11. Western Europe Market Analysis 2017-2021 and Forecast 2022-2032
11.1. Introduction
11.2. Key Regulations
11.3. Pricing Analysis
11.4. Regional Market Dynamics
11.4.1. Drivers
11.4.2. Restraints
11.4.3. Trends
11.5. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2017-2021
11.5.1. By Country
11.5.2. By Material
11.5.3. By Application
11.6. Current Market Size (US$ Mn) and Volume Forecast By Country 2022-2032
11.6.1. Germany
11.6.2. France
11.6.3. Italy
11.6.4. U.K.
11.6.5. Spain
11.6.6. BENELUX
11.6.7. Rest of Western Europe
11.7. Current Market Size (US$ Mn) and Volume Forecast By Material 2022-2032
11.7.1. PVC
11.7.2. PU
11.7.3. Bio Based
11.8. Current Market Size (US$ Mn) and Volume Forecast By Application 2022-2032
11.8.1. Footwear
11.8.2. Furnishing
11.8.3. Automotive
11.8.3.1. Seat Cover & Head Rest
11.8.3.2. Door Panels
11.8.3.3. Dashboard & Rear Shelves
11.8.3.4. Steering Cover
11.8.3.5. Other Interior Trims
11.8.4. Clothing
11.8.5. Bags and Wallets
11.8.6. Sports
11.8.7. Electronics
11.8.8. Others
11.9. Drivers and Restraints: Impact Analysis
11.10. Market Attractiveness Analysis
11.10.1. By Country
11.10.2. By Material
11.10.3. By Application
11.11. Key Representative Market Participants
11.12. Market Presence (Intensity Map)
12. Eastern Europe Market Analysis 2017-2021 and Forecast 2022-2032
12.1. Introduction
12.2. Key Regulations
12.3. Pricing Analysis
12.4. Regional Market Dynamics
12.4.1. Drivers
12.4.2. Restraints
12.4.3. Trends
12.5. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2017-2021
12.5.1. By Country
12.5.2. By Material
12.5.3. By Application
12.6. Current Market Size (US$ Mn) and Volume Forecast By Country 2022-2032
12.6.1. Russia
12.6.2. Poland
12.6.3. Rest of Eastern Europe
12.7. Current Market Size (US$ Mn) and Volume Forecast By Material 2022-2032
12.7.1. PVC
12.7.2. PU
12.7.3. Bio Based
12.8. Current Market Size (US$ Mn) and Volume Forecast By Application 2022-2032
12.8.1. Footwear
12.8.2. Furnishing
12.8.3. Automotive
12.8.3.1. Seat Cover & Head Rest
12.8.3.2. Door Panels
12.8.3.3. Dashboard & Rear Shelves
12.8.3.4. Steering Cover
12.8.3.5. Other Interior Trims
12.8.4. Clothing
12.8.5. Bags and Wallets
12.8.6. Sports
12.8.7. Electronics
12.8.8. Others
12.9. Drivers and Restraints: Impact Analysis
12.10. Market Attractiveness Analysis
12.10.1. By Country
12.10.2. By Material
12.10.3. By Application
12.11. Key Representative Market Participants
12.12. Market Presence (Intensity Map)
13. Asia Pacific Excl. Japan Market Analysis 2017-2021 and Forecast 2022-2032
13.1. Introduction
13.2. Key Regulations
13.3. Pricing Analysis
13.4. Regional Market Dynamics
13.4.1. Drivers
13.4.2. Restraints
13.4.3. Trends
13.5. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2017-2021
13.5.1. By Country
13.5.2. By Material
13.5.3. By Application
13.6. Current Market Size (US$ Mn) and Volume Forecast By Country 2022-2032
13.6.1. China
13.6.2. India
13.6.3. ASEAN
13.6.4. Australia and New Zealand
13.6.5. Rest of APEJ
13.7. Current Market Size (US$ Mn) and Volume Forecast By Material 2022-2032
13.7.1. PVC
13.7.2. PU
13.7.3. Bio Based
13.8. Current Market Size (US$ Mn) and Volume Forecast By Application 2022-2032
13.8.1. Footwear
13.8.2. Furnishing
13.8.3. Automotive
13.8.3.1. Seat Cover & Head Rest
13.8.3.2. Door Panels
13.8.3.3. Dashboard & Rear Shelves
13.8.3.4. Steering Cover
13.8.3.5. Other Interior Trims
13.8.4. Clothing
13.8.5. Bags and Wallets
13.8.6. Sports
13.8.7. Electronics
13.8.8. Others
13.9. Drivers and Restraints: Impact Analysis
13.10. Market Attractiveness Analysis
13.10.1. By Country
13.10.2. By Material
13.10.3. By Application
13.11. Key Representative Market Participants
13.12. Market Presence (Intensity Map)
14. Middle East and Africa Market Analysis 2017-2021 and Forecast 2022-2032
14.1. Introduction
14.2. Key Regulations
14.3. Pricing Analysis
14.4. Regional Market Dynamics
14.4.1. Drivers
14.4.2. Restraints
14.4.3. Trends
14.5. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2017-2021
14.5.1. By Country
14.5.2. By Material
14.5.3. By Application
14.6. Current Market Size (US$ Mn) and Volume Forecast By Country 2022-2032
14.6.1. Turkey
14.6.2. South Africa
14.6.3. Gulf Co-Operation Council (GCC) Countries
14.6.4. Rest of MEA
14.7. Current Market Size (US$ Mn) and Volume Forecast By Material 2022-2032
14.7.1. PVC
14.7.2. PU
14.7.3. Bio Based
14.8. Current Market Size (US$ Mn) and Volume Forecast By Application 2022-2032
14.8.1. Footwear
14.8.2. Furnishing
14.8.3. Automotive
14.8.3.1. Seat Cover & Head Rest
14.8.3.2. Door Panels
14.8.3.3. Dashboard & Rear Shelves
14.8.3.4. Steering Cover
14.8.3.5. Other Interior Trims
14.8.4. Clothing
14.8.5. Bags and Wallets
14.8.6. Sports
14.8.7. Electronics
14.8.8. Others
14.9. Drivers and Restraints: Impact Analysis
14.10. Market Attractiveness Analysis
14.10.1. By Country
14.10.2. By Material
14.10.3. By Application
14.11. Key Representative Market Participants
14.12. Market Presence (Intensity Map)
15. Japan Market Analysis 2017-2021 and Forecast 2022-2032
15.1. Introduction
15.2. Key Regulations
15.3. Pricing Analysis
15.4. Regional Market Dynamics
15.4.1. Drivers
15.4.2. Restraints
15.4.3. Trends
15.5. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2017-2021
15.5.1. By Material
15.5.2. By Application
15.6. Current Market Size (US$ Mn) and Volume Forecast By Material 2022-2032
15.6.1. PVC
15.6.2. PU
15.6.3. Bio Based
15.7. Current Market Size (US$ Mn) and Volume Forecast By Application 2022-2032
15.7.1. Footwear
15.7.2. Furnishing
15.7.3. Automotive
15.7.3.1. Seat Cover & Head Rest
15.7.3.2. Door Panels
15.7.3.3. Dashboard & Rear Shelves
15.7.3.4. Steering Cover
15.7.3.5. Other Interior Trims
15.7.4. Clothing
15.7.5. Bags and Wallets
15.7.6. Sports
15.7.7. Electronics
15.7.8. Others
15.8. Drivers and Restraints: Impact Analysis
15.9. Market Attractiveness Analysis
15.9.1. By Country
15.9.2. By Material
15.9.3. By Application
15.10. Key Representative Market Participants
15.11. Market Presence (Intensity Map)
16. Competition Landscape
16.1. Market Structure
16.2. Competition Intensity Mapping By Market Taxonomy
16.3. Competition Dashboard
16.4. Manufacture Profiles (Details – Overview, Financials, Strategy, Recent Developments)
16.4.1. Kolon Industries Inc.
16.4.2. Mayur Uniquoters Ltd .
16.4.3. Gruppo Mastrotto spa
16.4.4. Alfatex.
16.4.5. Achilles Corp.
16.4.6. Teijin Limited
16.4.7. Nan Ya Plastics Corporation
16.4.8. Asahi Kasei Corporation
16.4.9. Toray Group Kuraray Co., Ltd.
16.4.10. Daewon Chemical Co Ltd.
16.4.11. Leather Resource Of America Inc.
16.4.12. Comfort Int'l Co., Ltd
16.4.13. Sheng Hung Industrial Co. Ltd.
16.4.14. Plastics Elche S.A
17. Research Methodology
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List of Tables
Table 01: Global Market Size (US$ Mn) and Volume (000 Tons) Forecast by Material Type, 2022-2032
Table 02: Market Size (US$ Mn) and Volume (000 Tons) Forecast by Application, 2022-2032
Table 03: Global Market Size (US$ Mn) and Volume (000 Tons) Forecast by Application, 2022-2032
Table 04: Global Market Size (US$ Mn) and Volume (000 Tons) Forecast by Region, 2022-2032
Table 05: North America Market Value (US$ Mn) and Volume (000 Tons) Forecast by Country, 2022-2032
Table 06: North America Market Size (US$ Mn) and Volume (000 Tons) Forecast by Material Type, 2022-2032
Table 07: Market Size (US$ Mn) and Volume (000 Tons) Forecast by Application, 2022-2032
Table 08: North America Market Size (US$ Mn) and Volume (000 Tons) Forecast by Application, 2022-2032
Table 09: Latin America Market Value (US$ Mn) and Volume (000 Tons) Forecast by Country, 2022-2032
Table 10: Latin America Market Size (US$ Mn) and Volume (000 Tons) Forecast by Material Type, 2022-2032
Table 11: Market Size (US$ Mn) and Volume ((000 Tons) Forecast by Application, 2022-2032
Table 12: Latin America Market Size (US$ Mn) and Volume (000 Tons) Forecast by Application, 2022-2032
Table 13: Western Europe Market Value (US$ Mn) and Volume (000 Tons) Forecast By Country, 2022-2032
Table 14: Western Europe Market Size (US$ Mn) and Volume (000 Tons) Forecast by Material Type, 2022-2032
Table 15: Market Size (US$ Mn) and Volume ((000 Tons) Forecast by Application, 2022-2032
Table 16: Western Europe Market Size (US$ Mn) and Volume (000 Tons) Forecast by Application, 2022-2032
Table 17: Eastern Europe Market Value (US$ Mn) and Volume (000 Tons) Forecast By Country, 2022-2032
Table 18: Eastern Europe Market Size (US$ Mn) and Volume (000 Tons) Forecast by Material Type, 2022-2032
Table 19: Market Size (US$ Mn) and Volume ((000 Tons) Forecast by Application, 2022-2032
Table 20: Eastern Europe Market Size (US$ Mn) and Volume (000 Tons) Forecast by Application, 2022-2032
Table 21: APEJ Market Value (US$ Mn) and Volume (000 Tons) Forecast By Country, 2022-2032
Table 22: APEJ Market Size (US$ Mn) and Volume (000 Tons) Forecast by Material Type, 2022-2032
Table 23: Market Size (US$ Mn) and Volume ((000 Tons) Forecast by Application, 2022-2032
Table 24: APEJ Market Size (US$ Mn) and Volume (000 Tons) Forecast by Application, 2022-2032
Table 25: MEA Market Value (US$ Mn) and Volume (000 Tons) Forecast By Country, 2022-2032
Table 26: MEA Market Size (US$ Mn) and Volume (000 Tons) Forecast by Material Type, 2022-2032
Table 27: Market Size (US$ Mn) and Volume (000 Tons) Forecast by Application, 2022-2032
Table 28: MEA Market Size (US$ Mn) and Volume (000 Tons) Forecast by Application, 2022-2032
Table 29: Japan Market Size (US$ Mn) and Volume (000 Tons) Forecast by Material Type, 2022-2032
Table 30: Market Size (US$ Mn) and Volume (000 Tons) Forecast by Application, 2022-2032
Table 31: Japan Market Size (US$ Mn) and Volume (000 Tons) Forecast by Application, 2022-2032
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Figure 01: Global Historical Global Market Size (US$ Mn) and Volume (000' Tons) Analysis, 2016 – 2020
Figure 02: Global Current and Future Global Market Size (US$ Mn) and Volume (000' Tons) Analysis, 2021 – 2031
Figure 03: Global Market Value
Figure 04: Global Market Absolute $
Figure 05: Global Market BPS Analysis by Material Type, 2017, 2022 & 2032
Figure 06: Global Market Y-o-Y Projections by Material Type, 2022-2032
Figure 07: Global Market Absolute $ Opportunity by PVC segment 2017 to 2021 and 2032
Figure 08: Global Market Absolute $ Opportunity by PU 2017 to 2021 and 2032
Figure 09: Global Market Absolute $ Opportunity by Others 2017 to 2021 and 2032
Figure 10: Global Market Attractiveness Analysis by Material Type
Figure 11: Global Market BPS Analysis by Application – 2017, 2022 & 2032
Figure 12: Global Market Y-o-Y Projections by Application, 2022-2032
Figure 13: Global Market Absolute $ Opportunity by footwear segment 2017 to 2021 and 2032
Figure 14: Global Market Absolute $ Opportunity by furnishing segment 2017 to 2021 and 2032
Figure 15: Global Market Absolute $ Opportunity by Automotive segment 2017 to 2021 and 2032
Figure 16: Global Market Absolute $ Opportunity by clothing segment 2017 to 2021 and 2032
Figure 17: Global Market Absolute $ Opportunity by bags & wallets segment 2017 to 2021 and 2032
Figure 18: Global Market Absolute $ Opportunity by Electronics segment 2017 to 2021 and 2032
Figure 19: Global Market Absolute $ Opportunity by sports segment 2017 to 2021 and 2032
Figure 20: Global Market Absolute $ Opportunity by Others segment 2017 to 2021 and 2032
Figure 21: Global Market Attractiveness Analysis by Application
Figure 22: Global Market BPS Analysis by Region – 2017, 2022 & 2032
Figure 23: Global Market Y-o-Y Projections by Region, 2022-2032
Figure 24: North America Global Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 25: Latin America Global Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 26: Western Europe Global Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 27: Eastern Europe Global Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 28: APEJ Global Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 29: Japan Global Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 30: MEA Global Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 31: Global Market Attractiveness Analysis by Region
Figure 32: North America Market Size and Volume Analysis, 2017-2021
Figure 33: North America Market Size and Volume Forecast, 2022-2032
Figure 34: North America Market Share and BPS Analysis by Country – 2017, 2022 & 2032
Figure 35: North America Market Y-o-Y Growth Projections by Country, 2013-2027
Figure 36:U.S. Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 37: Canada Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 38: North America Market Attractiveness Analysis by Country
Figure 39: North America Market BPS Analysis by Material Type, 2017, 2022 & 2032
Figure 40: North America Market Y-o-Y Projections by Material Type, 2022-2032
Figure 41: North America Market Attractiveness Analysis by Material Type
Figure 42: North America Market BPS Analysis by Application – 2017, 2022 & 2032
Figure 43: North America Market Y-o-Y Projections by Application, 2022-2032
Figure 44: North America Market Attractiveness Analysis by Application
Figure 45: Latin America Market Size and Volume Analysis, 2017-2021
Figure 46: Latin America Market Size and Volume Forecast, 2022-2032
Figure 47: Latin America Market Share and BPS Analysis by Country – 2017, 2022 & 2032
Figure 48: Latin America Market Y-o-Y Growth Projections by Country, 2013-2027
Figure 49: Brazil Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 50: Mexico Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 51: Rest of Latin America Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 52: Latin America Market Attractiveness Analysis by Country
Figure 53: Latin America Market BPS Analysis by Material Type, 2017, 2022 & 2032
Figure 54: Latin America Market Y-o-Y Projections by Material Type, 2022-2032
Figure 55: Latin America Market Attractiveness Analysis by Material Type
Figure 56: Latin America Market BPS Analysis by Application – 2017, 2022 & 2032
Figure 57: Latin America Market Y-o-Y Projections by Application, 2022-2032
Figure 58: Latin America Market Attractiveness Analysis by Application
Figure 59: Western Europe Market Size and Volume Analysis, 2017-2021
Figure 60: Western Europe Market Size and Volume Forecast, 2022-2032
Figure 61: Western Europe Market Share and BPS Analysis By Country – 2017, 2022 & 2032
Figure 62: Western Europe Market Y-o-Y Growth Projections By Country, 2013-2027
Figure 63: Germany Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 64: France Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 65: UK Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 66: Italy Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 67: Spain Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 68: Benelux Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 69: Rest of Western Europe Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 70: Western Europe Market Attractiveness Analysis By Country
Figure 71: Western Europe Market BPS Analysis by Material Type, 2017, 2022 & 2032
Figure 72: Western Europe Market Y-o-Y Projections by Material Type, 2022-2032
Figure 73: Western Europe Market Attractiveness Analysis by Material Type
Figure 74: Western Europe Market BPS Analysis by Application – 2017, 2022 & 2032
Figure 75: Western Europe Market Y-o-Y Projections by Application, 2022-2032
Figure 76: Western Europe Market Attractiveness Analysis by Application
Figure 77: Eastern Europe Market Size and Volume Analysis, 2017-2021
Figure 78: Eastern Europe Market Size and Volume Forecast, 2022-2032
Figure 79: Eastern Europe Market Share and BPS Analysis By Country – 2017, 2022 & 2032
Figure 80: Eastern Europe Market Y-o-Y Growth Projections By Country, 2013-2027
Figure 81: Russia Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 82: Poland Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 83: Rest of Eastern Europe Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 84: Eastern Europe Market Attractiveness Analysis By Country
Figure 85: Eastern Europe Market BPS Analysis by Material Type, 2017, 2022 & 2032
Figure 86: Eastern Europe Market Y-o-Y Projections by Material Type, 2022-2032
Figure 87: Eastern Europe Market Attractiveness Analysis by Material Type
Figure 88: Eastern Europe Market BPS Analysis by Application – 2017, 2022 & 2032
Figure 89: Eastern Europe Market Y-o-Y Projections by Application, 2022-2032
Figure 90: Eastern Europe Market Attractiveness Analysis by Application
Figure 91: APEJ Market Size and Volume Analysis, 2017-2021
Figure 92: APEJ Market Size and Volume Forecast, 2022-2032
Figure 93: APEJ Market Share and BPS Analysis By Country – 2017, 2022 & 2032
Figure 94: APEJ Market Y-o-Y Growth Projections By Country
Figure 95: China Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 96: India Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 97: ASEAN Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 98: ANZ Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 99: Rest of APEJ Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 100: APEJ Market
Figure 101: APEJ Market BPS Analysis by Material Type, 2017, 2022 & 2032
Figure 102: APEJ Market Y-o-Y Projections by Material Type, 2022-2032
Figure 103: APEJ Market Attractiveness Analysis by Material Type
Figure 104: APEJ Market BPS Analysis by Application – 2017, 2022 & 2032
Figure 105: APEJ Market Y-o-Y Projections by Application, 2022-2032
Figure 106: APEJ Market Attractiveness Analysis by Application
Figure 107: MEA Market Size and Volume Analysis, 2017-2021
Figure 108: MEA Market Size and Volume Forecast, 2022-2032
Figure 109: MEA Market Share and BPS Analysis By Country – 2017, 2022 & 2032
Figure 110: MEA Market Y-o-Y Growth Projections By Country
Figure 111: Turkey Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 112: South Africa Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 113: GCC Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 114: Rest of MEA Market Absolute $ Opportunity 2017 to 2021 and 2032
Figure 115: MEA Market Attractiveness Analysis By Country
Figure 116: MEA Market BPS Analysis by Material Type, 2017, 2022 & 2032
Figure 117: MEA Market Y-o-Y Projections by Material Type, 2022-2032
Figure 118: MEA Market Attractiveness Analysis by Material Type
Figure 119: MEA Market BPS Analysis by Application – 2017, 2022 & 2032
Figure 120: MEA Market Y-o-Y Projections by Application, 2022-2032
Figure 121: MEA Market Attractiveness Analysis by Application
Figure 122: Japan Market Size and Volume Analysis, 2017-2021
Figure 123: Japan Market Size and Volume Forecast, 2022-2032
Figure 124: Japan Market BPS Analysis by Material Type, 2017, 2022 & 2032
Figure 125: Japan Market Y-o-Y Projections by Material Type, 2022-2032
Figure 126: Japan Market Attractiveness Analysis by Material Type
Figure 127: Japan Market BPS Analysis by Application – 2017, 2022 & 2032
Figure 128: Japan Market Y-o-Y Projections by Application, 2022-2032
Figure 129: Japan Market Attractiveness Analysis by Application
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