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Synthetic Leather Market - Top Companies and Manufacturers

  • Report ID: 5750
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Companies Dominating the Synthetic Leather Landscape

    • H.R. Polycoats Pvt. Ltd.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Alfatex Italia SRL
    • General Silicones
    • tSan Fang Chemical Industry Co., Ltd
    • Filwel Co., Ltd.
    • Yantai Wanhua Synthetic Leather Group Co., Ltd.
    • Mayur Uniquoters Limited
    • Daewon Chemical Co Ltd
    • Nan Ya Plastics Corporation
Browse Key Market Insights with Data Illustration:

In the News

  • September 2021: Volvo Motors responded to recent studies revealing the future of sustainable luxury goods by pledging to use materials free of leather in all of their upcoming electric vehicles. The venerable automaker's latest move is motivated by a desire to use premium recycled materials to advance animal welfare and sustainability. Volvo is a global automotive company that is electrifying and becoming carbon neutral across all of its brands and production processes.
  • April 2023: The Taiwan-based business General Silicones, well-known for its silicone goods, announced the launch of Compo-SiL (SL series) vegan leather, their newest product. This PETA-approved SL series was created especially to meet the needs of consumer products makers. Manufacturers of consumer goods can now source premium vegan leather sources with factory-applied fabric lining.

Author Credits:  Rajrani Baghel


  • Report ID: 5750
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of synthetic leather is assessed at USD 45.81 billion.

The synthetic leather market size was valued at USD 43.18 billion in 2024 and is expected to reach USD 111.9 billion by 2037, expanding at around 7.6% CAGR during the forecast period i.e., between 2025-2037. Increasing use of synthetic leather in footwear and automotive industry will drive the market growth.

Asia Pacific industry is anticipated to account for largest revenue share of 32% by 2037, impelled by rapid economic expansion in the region.

The major players in the market include H.R. Polycoats Pvt. Ltd., Alfatex Italia SRL, General Silicones, tSan Fang Chemical Industry Co., Ltd, Filwel Co., Ltd., Yantai Wanhua Synthetic Leather Group Co., Ltd., Mayur Uniquoters Limited, Daewon Chemical Co Ltd, Nan Ya Plastics Corporation
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