Global Microfiber Artificial Leather Supply, Demand and Key Producers, 2023-2029

Global Microfiber Artificial Leather Supply, Demand and Key Producers, 2023-2029

The global Microfiber Artificial Leather market size is expected to reach $ 3128.2 million by 2029, rising at a market growth of 5.3% CAGR during the forecast period (2023-2029).

In the global market, Microfiber Artificial Leather core manufacturers include Kuraray, TORAY, and Asahi Kasei, ect . The top four companies within this industry hold more than 50% of the market share. The U.S., Europe, Asia-Pacific, Middle East and Africa are the major production regions for this product, with Asia-Pacific alone accounting for more than 50% of the market share. The product can be classified on the basis of production process as blending spinning, composite spinning, direct spinning, and other spinning yarns. It is widely used in apparel, footwear, furniture, automotive interiors, bags, accessories, sports equipment, and others.

Microfiber Artificial Leather is an artificial leather material that mimics real leather. It is usually made from a coating of polyurethane (PU) or polyvinyl chloride (PVC) applied to microfiber fabric. Synthetic leather with microfiber nonwoven fabric as the base fabric and PU resin as the coating is called microfiber super real leather (also called microfiber synthetic leather). The process of making other synthetic leather begins with laying down strips of fabric and coating them with polyurethane resin. But for microfiber leather, it starts with a synthetic fiber mat, using a microfiber leather non-woven fabric with a three-dimensional structure as the base fabric, which is interwoven and bonded together using polyurethane. Microfiber leather is considered the best synthetic material. It is considered the best grade of artificial leather available due to its durability, cost, and manufacturing process. Microfiber leather also has advantages that real leather does not have, such as not peeling off and aging quickly.

This report studies the global Microfiber Artificial Leather production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Microfiber Artificial Leather, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Microfiber Artificial Leather that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Microfiber Artificial Leather total production and demand, 2018-2029, (Square Meters)

Global Microfiber Artificial Leather total production value, 2018-2029, (USD Million)

Global Microfiber Artificial Leather production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Square Meters)

Global Microfiber Artificial Leather consumption by region & country, CAGR, 2018-2029 & (Square Meters)

U.S. VS China: Microfiber Artificial Leather domestic production, consumption, key domestic manufacturers and share

Global Microfiber Artificial Leather production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Square Meters)

Global Microfiber Artificial Leather production by Process, production, value, CAGR, 2018-2029, (USD Million) & (Square Meters)

Global Microfiber Artificial Leather production by Application production, value, CAGR, 2018-2029, (USD Million) & (Square Meters).

This reports profiles key players in the global Microfiber Artificial Leather market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Kuraray, TORAY, Teijin, Asahi Kasei, Kolon Industries, Duksung, San Fang Chemical Industrial Co Ltd, FILWEL Co., Ltd. and SEIREN Co., LTD., etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Microfiber Artificial Leather market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Square Meters) and average price (US$/sqm) by manufacturer, by Process, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Microfiber Artificial Leather Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Microfiber Artificial Leather Market, Segmentation by Process
Blending Spinning
Composite Spinning
Direct Spinning & Other Spinning

Global Microfiber Artificial Leather Market, Segmentation by Application
Apparel & Footwear
Furniture
Automotive Interior
Bags & Accessories
Sports Equipment & Others

Companies Profiled:
Kuraray
TORAY
Teijin
Asahi Kasei
Kolon Industries
Duksung
San Fang Chemical Industrial Co Ltd
FILWEL Co., Ltd.
SEIREN Co., LTD.
TKG ECO MATERIAL
Alcantara SpA
Wuxi Double Elephant Micro Fibre Material Co., Ltd.
ZHEJIANG HEXIN HOLDINGS LTD
HUAFENG GROUP
Shandong Tongda Island
WanHua(Changzhou) New Materials Technology Co., Ltd.
Zhejiang Meisheng New Material Co., Ltd.
Fujian Topsun Microfiber Co., Ltd.

Key Questions Answered

1. How big is the global Microfiber Artificial Leather market?

2. What is the demand of the global Microfiber Artificial Leather market?

3. What is the year over year growth of the global Microfiber Artificial Leather market?

4. What is the production and production value of the global Microfiber Artificial Leather market?

5. Who are the key producers in the global Microfiber Artificial Leather market?