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The Global Polyurethane Synthetic Leather Market Is Expected To Reach USD 1.4 Billion From
2022 To 2030, Growing At A CAGR Of 5% During The Forecast Period.
PU leather has good elasticity, high tensile strength, and three-dimensional structure. It is not only soft, but
also resistant to solvents and abrasion. These attributes have been instrumental in increasing the market
penetration of products in the automotive, footwear and furniture sectors. The high price of natural leather is
also an important factor that fueled the need for substitutes.
However, the adverse effects of polyurethane on the environment as well as human health are threatening
the market. When polyurethane is exposed to moisture and heat, it slowly depolymerizes, making the
surface flaky and brittle. It does not decompose and is very difficult to recycle.
Market Overview
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Investments by polyurethane synthetic leather market players will be geared toward acquiring new technologies,
securing raw materials, efficient procurement/inventory, strengthening product portfolio, and utilizing capabilities to
sustain growth during challenging times. Economic and social challenges vary widely across countries/markets, and
Polyurethane Synthetic Leather manufacturers and related players focus on country-specific strategies.
Crude oil prices fluctuating up to $60/barrel within a year are becoming a major concern in the polyurethane
synthetic leather market as fuel and chemical prices are affecting many other areas.
The uneven recovery in different end markets and regions is a key challenge in understanding and analyzing the
polyurethane synthetic leather market landscape.
Market Dynamics
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The Global
Polyurethane Synthetic Leather Market has been segmented into:
By Type
•Dry Synthetic, Wet Synthetic,
By Application
•Footwear, Furnishing, Automotive, Clothing, Bags,
Others
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• The points that are discussed within the report are the major market players that are involved in the Market such
as Market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
• The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross,
gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies,
and the technological developments that they are making are also included within the report. This report
analyzed 12 years of data history and forecast.
• The growth factors of the Market are discussed in detail wherein the different end users of the Market are
explained in detail.
Points Covered in the Report
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• Alfatex, Anhui Material Technology,
• Yantai Wanhua Synthetic Leather Group,
• Teijin Limited, Amway,
• Shandong Jinfeng Artificial Leather,
• Toray Industries Inc., Filwel,
• Zhejiang Yongfa Synthetic Leather,
• Zhejiang Hexin Industry Group,
• Arora Vinyl, Nan Ya Plastics Industrial, H.R. Polycoats,
• Mayur Uniquoters Limited, Kuraray,
• San Fang Chemical Industry,
• And Others.
MARKET PLAYERS
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