Global PU Resins for Synthetic Leather Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global PU Resins for Synthetic Leather Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global PU Resins for Synthetic Leather market size was valued at US$ 4886 million in 2024 and is forecast to a readjusted size of USD 5850 million by 2031 with a CAGR of 2.6% during review period.

Polyurethane (PU) resins for synthetic leather are a type of polymer material used to create artificial leather, which mimics the look and feel of genuine leather. These resins are known for their flexibility, durability, and resistance to wear and tear, making them ideal for a variety of applications such as upholstery, footwear, automotive interiors, and fashion accessories. PU resins are applied to a fabric base, creating a surface that can be finished to resemble natural leather through embossing, coloring, and texturing. Unlike traditional leather, PU synthetic leather is often more affordable, lightweight, and easier to clean, while also being available in a wide range of textures and finishes. Moreover, it is considered a more environmentally friendly and animal-free alternative to genuine leather, making it popular in industries looking for sustainable materials.

The global PU resins for synthetic leather market is experiencing significant growth, driven by increasing demand for eco-friendly and cost-effective alternatives to genuine leather across industries such as fashion, automotive, and furniture. Consumers' growing preference for sustainable and animal-free materials has pushed manufacturers to develop high-quality PU-based synthetic leather products that closely resemble natural leather while offering enhanced durability and flexibility. The fashion and footwear industries, in particular, have embraced synthetic leather due to its versatility, availability in a wide range of colors and textures, and lower production costs compared to traditional leather. Additionally, stringent environmental regulations, especially in Europe and North America, have led to a shift from PVC-based synthetic leather to PU resins, which are less harmful to the environment.

In regions like Asia-Pacific, the market for PU resins is expanding rapidly, supported by a booming automotive industry and a growing demand for synthetic leather in vehicle interiors. Countries like China and India, which are major manufacturing hubs, are driving production due to lower labor costs and increased consumer demand for affordable and stylish alternatives to real leather. Furthermore, advancements in PU resin technology, such as the development of water-based and bio-based PU resins, are contributing to the market's growth by addressing concerns over the environmental impact of traditional synthetic leather production. As more industries prioritize sustainability and innovation, the global PU resins for synthetic leather market is expected to grow steadily in the coming years.

This report is a detailed and comprehensive analysis for global PU Resins for Synthetic Leather market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global PU Resins for Synthetic Leather market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global PU Resins for Synthetic Leather market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global PU Resins for Synthetic Leather market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global PU Resins for Synthetic Leather market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for PU Resins for Synthetic Leather

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global PU Resins for Synthetic Leather market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Great Eastern Resins Industrial, Jiuh Yi Chemical Industrial, Taichin, Toyopolymer, DIC Corporation, Zhejiang Huafon New Materials, Xuchuan Chemical, Anhui Sinograce Chemical, Huada Chemical, Hexin Holding, etc.

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

Market Segmentation

PU Resins for Synthetic Leather market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Dry-process Synthetic Leather
Wet-process Synthetic Leather

Market segment by Application
Shoes & Clothes
Automotive Interior
Furniture
Case & Bag
Others

Major players covered
Great Eastern Resins Industrial
Jiuh Yi Chemical Industrial
Taichin
Toyopolymer
DIC Corporation
Zhejiang Huafon New Materials
Xuchuan Chemical
Anhui Sinograce Chemical
Huada Chemical
Hexin Holding
Hongdeli
YFResin
Dabang Chemical
Anhui Anli Material Technology
Wanshun Chemical

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe PU Resins for Synthetic Leather product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of PU Resins for Synthetic Leather, with price, sales quantity, revenue, and global market share of PU Resins for Synthetic Leather from 2020 to 2025.

Chapter 3, the PU Resins for Synthetic Leather competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the PU Resins for Synthetic Leather breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and PU Resins for Synthetic Leather market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of PU Resins for Synthetic Leather.

Chapter 14 and 15, to describe PU Resins for Synthetic Leather sales channel, distributors, customers, research findings and conclusion.