Global PU Synthetic Leather Supply, Demand and Key Producers, 2023-2029

Global PU Synthetic Leather Supply, Demand and Key Producers, 2023-2029

The global PU Synthetic Leather market size is expected to reach $ 22180 million by 2029, rising at a market growth of 7.9% CAGR during the forecast period (2023-2029).

The key manufacturers of PU Synthetic Leather include Anhui Anli, Topsun Microfiber, Covestro, Baiksan, Kuraray, Zhejiang Hexin, Fujian Tianshou, etc. The top five players account for about 13% of the market.

The Asia-Pacific region is the world's largest market, accounting for about 75% of the total global market share,and it is expected to continue to increase its market share in the future.

PU synthetic leather can be divided into Normal PU, Microfiber PU and Ecological Function PU. Among them, the Normal PU market account for the highest proportion, about 73%. The market for microfiber PU and Ecological Functional PU will gradually expand in the future.

In terms of application, it is mainly used in apparel&accessories, furnishing, automotive, sports goods and other downstream industries. Apparel&accessories aspect is the largest downstream industry, accounting for about 60%, and maintain a steady growth.

Synthetic Leather is a manmade fabric that looks like leather. It has leather like surface and is dyed and treated to make it have the look and feel of real leather. It is often used as a substitute for real leather because it is less expensive and it does not require using a real animal hide to create.

PU Synthetic Leather is more flexible and has a much higher tensile, tearing and bursting strength. Furthermore, whereas PVC Synthetic Leather can only be used to make items with a low stress tolerance, PU Synthetic Leather can be used to make a wide variety of products which must be made from strong materials with a high stress tolerance such as boots, shoes bags, luggage, belts, gloves, and upholstery for furniture and car seats.

This report studies the global PU Synthetic Leather production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for PU Synthetic 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 PU Synthetic Leather that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global PU Synthetic Leather total production and demand, 2018-2029, (sqm)

Global PU Synthetic Leather total production value, 2018-2029, (USD Million)

Global PU Synthetic Leather production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (sqm)

Global PU Synthetic Leather consumption by region & country, CAGR, 2018-2029 & (sqm)

U.S. VS China: PU Synthetic Leather domestic production, consumption, key domestic manufacturers and share

Global PU Synthetic Leather production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (sqm)

Global PU Synthetic Leather production by Type, production, value, CAGR, 2018-2029, (USD Million) & (sqm)

Global PU Synthetic Leather production by Application production, value, CAGR, 2018-2029, (USD Million) & (sqm).

This reports profiles key players in the global PU Synthetic 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 Covestro, Baiksan, Anhui Anli, San Fang Chemical Industry, Kuraray, Toray, Kolon, Topsun Microfiber and Teijin, 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 PU Synthetic Leather market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (sqm) and average price (US$/sqm) by manufacturer, by Type, 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 PU Synthetic Leather Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global PU Synthetic Leather Market, Segmentation by Type
Normal PU
Microfiber PU
Ecological Function PU

Global PU Synthetic Leather Market, Segmentation by Application
Apparel & Accessories
Furnishing
Automotive
Sports Goods
Others

Companies Profiled:
Covestro
Baiksan
Anhui Anli
San Fang Chemical Industry
Kuraray
Toray
Kolon
Topsun Microfiber
Teijin
Seiren
Zhejiang Hexin
Fujian Tianshou
Huafon Microfibre
Nan Ya Plastics
Wangkang
Double Elephant
Shandong Tongda
Duksung
Xiefu New Materials
Daewon Chemical
Yongfa Synthetic Leather
Wenzhou Imitation Leather
Asahi Kasei
Shian Microfiber

Key Questions Answered

1. How big is the global PU Synthetic Leather market?

2. What is the demand of the global PU Synthetic Leather market?

3. What is the year over year growth of the global PU Synthetic Leather market?

4. What is the production and production value of the global PU Synthetic Leather market?

5. Who are the key producers in the global PU Synthetic Leather market?