Anhui Anli Material Technology Co

Jul 21, 2023

|Air Water Inc., and Alfatex Italia Srl emerge as key contributors to growth - Technavio News provided by Share this article Share this article NEW YORK, July 21, 2023 /PRNewswire/ -- The latest report on the  synthetic leather market , 2022-2027 estimates to register an incremental growth of  USD 23.52 billion, at a CAGR of 9.44% during the forecast period. The market is fragmented due to the presence of diversified international and regional vendors. The shift of consumer preference from animal hide to synthetic leather products drives market growth. Generally, leather is a premium or luxury material for shoes, clothing, and bags but a significant portion of the sales in the apparel, accessory, and footwear industries are made up of synthetic leather or fabric. Such goods are also reasonably priced and are sold on the market in a variety of colors, patterns, and textures but do not include leather as a raw material. Hence, such factors drive market growth during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Request sample report Synthetic Leather Market 2023-2027: Vendor Analysis The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Air Water Inc., Akea Srl, Alfatex Italia Srl, Anhui Anli Material Technology Co. Ltd., Asahi Kasei Corp., Colence Pvt. Ltd., H.R. Polycoats Pvt. Ltd., Kolon Industries Inc., KURARAY Co. Ltd., Lederplast Spa, Marvel Vinyls Ltd., Mayur Uniquoters Ltd., Nan Ya Plastic Corp., San Fang Chemical Industrial Co. Ltd., Teijin Ltd., Toray Industries Inc., Uniroyal Global Engineered Products Inc., Winner Nippon Leatherette Pvt. Ltd., Zhejiang Hexin Industry Group Co. Ltd., and Zhejiang Yongfa Synthetic Leather Co. Ltd. are among some of the major market participants. Vendor Offerings Air Water Inc. - The company offers synthetic leather solutions through its subsidiary FILWEL. Alfatex Italia Srl - The company offers synthetic leather solutions to industries such as marine, automotive, and medical. Asahi Kasei Corp. - The company offers synthetic leather solutions such as DURANOL. What`s New for 2023? Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession Global competitiveness and key competitor positions Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial Customization options available as per your business needs Access to 17000+ research report subscriptions - Buy Now! Synthetic Leather Market 2023-2027: Market Dynamics The customization of synthetic leather is a trend fueling the market growth. Design, color, luster, and texture can all be modified through customization and customized synthetic leather has grown in popularity among numerous application industries. Additionally, customers can also choose traditional gliding and embossing using digital processes like laser printing and cutting. Hence, these trends will boost the growth of the market during the forecast period. Factors such as fluctuating raw material prices will challenge market growth. Substrates such as polymer film and silicone are mainly used for the production of synthetic leather. Fluctuations in the prices of raw materials, including polymers such as PVC (polyvinyl chloride) and PU, are directly related to fluctuations in the price of crude oil. In addition, fluctuations in the prices of petroleum-based raw materials and the surging competition from local manufacturers, especially in developing economies, will pose a challenge to the market vendors. For more details, and an understanding of Market Dynamics,  download Sample reports Synthetic Leather Market 2023-2027: Segmentation Synthetic Leather Market is segmented as below: Product Middle East And Africa The PU-based segment will be significant for market growth during the forecast period. PU-based synthetics are lightweight. They can be made in a variety of colors and textures and is primarily utilized in the clothing, footwear, and auto industries. Furtermore, synthetic leather made from PU has a leather-like appearance, which results in many consumers are converting from animal-hide leather to synthetic leather. Hence, such factors boost the segment growth during the forecast period. For insights on global, regional, and country-level parameters with growth opportunities, historic (2017 to 2021) & forecast (2023-2027)  –  Download a Sample Report Synthetic Leather Market 2023-2027: Key Highlights CAGR of the market during the forecast period 2023-2027 Detailed information on factors that will assist synthetic leather market growth during the next five years Estimation of the synthetic leather market size and its contribution to the parent market Predictions on upcoming trends and changes in consumer behavior The growth of the synthetic leather market Analysis of the market's competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of the synthetic leather market, vendors Gain instant access to 17,000+ market research reports. Related Reports: The bio-based leather market size should rise by USD 250.48 million from 2021 to 2026 at a CAGR of 6.55%. Furthermore, this report extensively covers market segmentation by application (footwear, furnishing, automotive, clothing, and others) and geography (North America, Europe, APAC, MEA, and South America). The environmental hazards associated with the use of normal leather is notably driving the bio-based leather market growth. The coating agents for synthetic leather market size is expected to increase by USD 207.38 million from 2021 to 2026, at a CAGR of 7.12%. Furthermore, this report extensively covers coating agents for synthetic leather market segmentation by end-user (automotive, footwear, furniture and domestic upholstery, and others) and geography (APAC, North America, Europe, South America, and Middle East and Africa). The shift of consumer preference from animal hide to synthetic leather products is notably driving the coating agents for synthetic leather market growth. Synthetic Leather Market Scope Key companies profiled Air Water Inc., Akea Srl, Alfatex Italia Srl, Anhui Anli Material Technology Co. Ltd., Asahi Kasei Corp., Colence Pvt. Ltd., H.R. Polycoats Pvt. Ltd., Kolon Industries Inc., KURARAY Co. Ltd., Lederplast Spa, Marvel Vinyls Ltd., Mayur Uniquoters Ltd., Nan Ya Plastic Corp., San Fang Chemical Industrial Co. Ltd., Teijin Ltd., Toray Industries Inc., Uniroyal Global Engineered Products Inc., Winner Nippon Leatherette Pvt. Ltd., Zhejiang Hexin Industry Group Co. Ltd., and Zhejiang Yongfa Synthetic Leather Co. Ltd. Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Table of Contents Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion) Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion) Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%) Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%) 4 Historic Market Size Exhibit 18: Historic Market Size – Data Table on Global synthetic leather market 2017 - 2021 ($ billion) 4.2 Product Segment Analysis 2017 - 2021 Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ billion) 4.3 End users Segment Analysis 2017 - 2021 Exhibit 20: Historic Market Size – End users Segment 2017 - 2021 ($ billion) 4.4 Geography Segment Analysis 2017 - 2021 Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion) 4.5 Country Segment Analysis 2017 - 2021 Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion) 5 Five Forces Analysis Exhibit 33: Data Table on Comparison by Product 6.3 PU-based - Market size and forecast 2022-2027 Exhibit 34: Chart on PU-based - Market size and forecast 2022-2027 ($ billion) Exhibit 35: Data Table on PU-based - Market size and forecast 2022-2027 ($ billion) Exhibit 36: Chart on PU-based - Year-over-year growth 2022-2027 (%) Exhibit 37: Data Table on PU-based - Year-over-year growth 2022-2027 (%) 6.4 PVC-based - Market size and forecast 2022-2027 Exhibit 38: Chart on PVC-based - Market size and forecast 2022-2027 ($ billion) Exhibit 39: Data Table on PVC-based - Market size and forecast 2022-2027 ($ billion) Exhibit 40: Chart on PVC-based - Year-over-year growth 2022-2027 (%) Exhibit 41: Data Table on PVC-based - Year-over-year growth 2022-2027 (%) 6.5 Bio-based - Market size and forecast 2022-2027 Exhibit 42: Chart on Bio-based - Market size and forecast 2022-2027 ($ billion) Exhibit 43: Data Table on Bio-based - Market size and forecast 2022-2027 ($ billion) Exhibit 44: Chart on Bio-based - Year-over-year growth 2022-2027 (%) Exhibit 45: Data Table on Bio-based - Year-over-year growth 2022-2027 (%) 6.6 Market opportunity by Product Exhibit 46: Market opportunity by Product ($ billion) Exhibit 47: Data Table on Market opportunity by Product ($ billion) 7 Market Segmentation by End-user 7.1 Market segments Exhibit 51: Data Table on Comparison by End-user 7.3 Footwear industry - Market size and forecast 2022-2027 Exhibit 52: Chart on Footwear industry - Market size and forecast 2022-2027 ($ billion) Exhibit 53: Data Table on Footwear industry - Market size and forecast 2022-2027 ($ billion) Exhibit 54: Chart on Footwear industry - Year-over-year growth 2022-2027 (%) Exhibit 55: Data Table on Footwear industry - Year-over-year growth 2022-2027 (%) 7.4 Furnishing industry - Market size and forecast 2022-2027 Exhibit 56: Chart on Furnishing industry - Market size and forecast 2022-2027 ($ billion) Exhibit 57: Data Table on Furnishing industry - Market size and forecast 2022-2027 ($ billion) Exhibit 58: Chart on Furnishing industry - Year-over-year growth 2022-2027 (%) Exhibit 59: Data Table on Furnishing industry - Year-over-year growth 2022-2027 (%) 7.5 Automotive industry - Market size and forecast 2022-2027 Exhibit 60: Chart on Automotive industry - Market size and forecast 2022-2027 ($ billion) Exhibit 61: Data Table on Automotive industry - Market size and forecast 2022-2027 ($ billion) Exhibit 62: Chart on Automotive industry - Year-over-year growth 2022-2027 (%) Exhibit 63: Data Table on Automotive industry - Year-over-year growth 2022-2027 (%) 7.6 Bags industry - Market size and forecast 2022-2027 Exhibit 64: Chart on Bags industry - Market size and forecast 2022-2027 ($ billion) Exhibit 65: Data Table on Bags industry - Market size and forecast 2022-2027 ($ billion) Exhibit 66: Chart on Bags industry - Year-over-year growth 2022-2027 (%) Exhibit 67: Data Table on Bags industry - Year-over-year growth 2022-2027 (%) 7.7 Others - Market size and forecast 2022-2027 Exhibit 68: Chart on Others - Market size and forecast 2022-2027 ($ billion) Exhibit 69: Data Table on Others - Market size and forecast 2022-2027 ($ billion) Exhibit 70: Chart on Others - Year-over-year growth 2022-2027 (%) Exhibit 71: Data Table on Others - Year-over-year growth 2022-2027 (%) 7.8 Market opportunity by End-user Exhibit 72: Market opportunity by End-user ($ billion) Exhibit 73: Data Table on Market opportunity by End-user ($ billion) 8 Customer Landscape Exhibit 78: Data Table on Geographic comparison 9.3 APAC - Market size and forecast 2022-2027 Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ billion) Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ billion) Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%) Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%) 9.4 North America - Market size and forecast 2022-2027 Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ billion) Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ billion) Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%) Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%) 9.5 Europe - Market size and forecast 2022-2027 Exhibit 87: Chart on Europe - Market size and forecast 2022-2027 ($ billion) Exhibit 88: Data Table on Europe - Market size and forecast 2022-2027 ($ billion) Exhibit 89: Chart on Europe - Year-over-year growth 2022-2027 (%) Exhibit 90: Data Table on Europe - Year-over-year growth 2022-2027 (%) 9.6 South America - Market size and forecast 2022-2027 Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ billion) Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ billion) Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%) Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%) 9.7 Middle East and Africa - Market size and forecast 2022-2027 Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion) Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion) Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%) Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%) 9.8 China - Market size and forecast 2022-2027 Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ billion) Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ billion) Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%) Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%) 9.9 US - Market size and forecast 2022-2027 Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ billion) Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ billion) Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%) Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%) 9.10 France - Market size and forecast 2022-2027 Exhibit 107: Chart on France - Market size and forecast 2022-2027 ($ billion) Exhibit 108: Data Table on France - Market size and forecast 2022-2027 ($ billion) Exhibit 109: Chart on France - Year-over-year growth 2022-2027 (%) Exhibit 110: Data Table on France - Year-over-year growth 2022-2027 (%) 9.11 Italy - Market size and forecast 2022-2027 Exhibit 111: Chart on Italy - Market size and forecast 2022-2027 ($ billion) Exhibit 112: Data Table on Italy - Market size and forecast 2022-2027 ($ billion) Exhibit 113: Chart on Italy - Year-over-year growth 2022-2027 (%) Exhibit 114: Data Table on Italy - Year-over-year growth 2022-2027 (%) 9.12 Japan - Market size and forecast 2022-2027 Exhibit 115: Chart on Japan - Market size and forecast 2022-2027 ($ billion) Exhibit 116: Data Table on Japan - Market size and forecast 2022-2027 ($ billion) Exhibit 117: Chart on Japan - Year-over-year growth 2022-2027 (%) Exhibit 118: Data Table on Japan - Year-over-year growth 2022-2027 (%) 9.13 Market opportunity by geography Exhibit 119: Market opportunity by geography ($ billion) Exhibit 120: Data Tables on Market opportunity by geography ($ billion) 10 Drivers, Challenges, and Trends 10.1 Market drivers Exhibit 121: Impact of drivers and challenges in 2022 and 2027 10.4 Market trends 11.3 Landscape disruption 11.4 Industry risks Exhibit 166: Toray Industries Inc. - Business segments Exhibit 167: Toray Industries Inc. - Key offerings Exhibit 168: Toray Industries Inc. - Segment focus 12.15 Uniroyal Global Engineered Products Inc. Exhibit 169: Uniroyal Global Engineered Products Inc. - Overview Exhibit 170: Uniroyal Global Engineered Products Inc. - Product / Service Exhibit 171: Uniroyal Global Engineered Products Inc. - Key offerings 12.16 Zhejiang Hexin Industry Group Co. Ltd. Exhibit 172: Zhejiang Hexin Industry Group Co. Ltd. - Overview Exhibit 173: Zhejiang Hexin Industry Group Co. Ltd. - Product / Service Exhibit 174: Zhejiang Hexin Industry Group Co. Ltd. - Key offerings 12.17 Zhejiang Yongfa Synthetic Leather Co. Ltd. Exhibit 175: Zhejiang Yongfa Synthetic Leather Co. Ltd. - Overview Exhibit 176: Zhejiang Yongfa Synthetic Leather Co. Ltd. - Product / Service Exhibit 177: Zhejiang Yongfa Synthetic Leather Co. Ltd. - Key offerings 13 Appendix About Us Technavio is a leading global technology research and advisory company. 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