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Synthetic Leather Market Growth, Trends and Forecast Report To 2014 - 2025

The global synthetic leather market is expected to reach USD 85.05 billion by 2025, according to a new report by Radiant insights, inc. Globally increasing applications in foot wears has been a major factor driving market growth. In addition, increasing focus towards animal rights led by several organizations and rising stringency in laws governing real leather are propelling demand for synthetic leather.<br>

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Synthetic Leather Market Growth, Trends and Forecast Report To 2014 - 2025

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  1. Synthetic Leather Market Analysis And Segment Forecasts, 2014 - 2025 “The global synthetic leather market is expected to reach USD 85.05 billion by 2025, according to a new report by Radiant insights, inc. Globally increasing applications in foot wears has been a major factor driving market growth.” The global synthetic leather market is expected to reach USD 85.05 billion by 2025, according to a new report by Radiant insights, inc. Globally increasing applications in foot wears has been a major factor driving market growth. In addition, increasing focus towards animal rights led by several organizations and rising stringency in laws governing real leather are propelling demand for synthetic leather. Synthetic leather materials are competing with natural leather for over three decades owing to its superior properties such as high durability, strength, UV resistance, easy maintenance and high gloss finish. Cheaper prices of products made up from faux leather continue to attract huge number of customers from middle and high income level groups. However, in countries such as Japan, the product is facing competition from Fumikodata, which is a replica of real leather and is a cruelty free material. Follow Us:

  2. Polyurethane was the largest product category in 2015 and is expected to grow at the fastest CAGR over the forecast period. PVC is anticipated to maintain a slow growth rate on account of its properties which include sticky finish and lesser durability. Footwear application segment is expected to observe the fastest growth over the next nine years with an estimated CAGR of around 9.7% from 2016 to 2025. Cheaper costs, fluctuating climatic conditions in countries creating needs for several types of footwear coupled with rising disposable income levels are fueling the demand for synthetic leather in footwear segment. Moreover, trend of incorporating athletic shoes in daily lifestyle is further augmenting demand of the application segment over the forecast period. Download full research Report @ http://www.radiantinsights.com/research/synthetic- leather-market Further key findings from the report suggest: • The global demand for artificial leather exceeded 15,780 million meter in 2015 and is expected to grow at a CAGR of 9.5% from 2016 to 2025 • PU leather emerged as the largest product segment in 2015 and is estimated to generate revenue over USD 51.9 billion by 2025 • Global market demand in footwear was USD 10.1 billion in 2015 and is anticipated to witness fastest growth over the next nine years • The U.S. synthetic leather market in PVC was 513.2 million meter in 2015 and is estimated to reach a total volume of over 1,169.7 million meter by 2025 Follow Us:

  3. • The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to rapid economic growth across countries such as India, China, Japan and Korea. The regional market is expected to grow at a CAGR of 11.7% from 2016 to 2025 • Key players including Nan Ya Plastics Corporation, Mayur Uniquoters Limited, Alfatex Italia SRL, and Kuraray Co. Ltd. dominated the market Request a Free Sample Copy of this Report @ http://www.radiantinsights.com/research/synthetic-leather-market/request-sample Table of Contents Chapter 1 Research Methodology 1.1 Research Methodology 1.2 Research Scope & Assumptions 1.3 List of Data Sources Chapter 2 Executive Summary 2.1 Market Snapshot Follow Us:

  4. Chapter 3 Synthetic Leather Market Variables, Trends & Scope 3.1 Market segmentation & scope 3.2 Value Chain Analysis 3.3 Raw Material Trend 3.3.1 PVC resin 3.3.2 Plasticizers 3.3.3 Polyester yarn 3.4 Regulatory Framework 3.5 Technology Overview 3.6 Synthetic leather market dynamics 3.6.1 Market Driver Analysis 3.6.1.1 Growing demand from footwear sector 3.6.1.2 Key alternative to natural leather 3.6.2 Market restraint analysis 3.6.2.1 Damaging effects of PVC and PU 3.7 Penetration & growth prospect mapping 3.8 Synthetic Leather Market Porter's Analysis 3.9 Synthetic Leather Market - PESTEL Analysis Chapter 4 Synthetic Leather Market: Product Estimates & Trend Analysis Browse all Report of this category @ http://www.radiantinsights.com/catalog/chemicals Follow Us:

  5. About Radiant Insights,Inc: Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. Contact Details: Michelle Thoras Corporate Sales Specialist, USA Radiant Insights, Inc 28 2nd Street, Suite 3036, San Francisco, CA 94105, United States Phone: 1-415-349-0054 Toll Free: 1-888-202-9519 Email: sales@radiantinsights.com Web: http://www.radiantinsights.com/ Visit Our Blog: http://researchindrive.blogspot.in/ Follow Us:

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