


• The Global Next Generation Synthetic Leather Market Size was estimated at USD 2136.49 million in 2023 and is projected to reach USD 3030.65 million by 2029, exhibiting a CAGR of 6.00% during the forecast period.
• Microfiber leather, or micro fiber leather, is the highest quality grade synthetic leather, a high-tech simulation of high-end leather material. Microfiber Leather is simulated the structure of natural leather, using superfine micro fiber (ultrafine fiber bundle), and high-grade polyurethane resins as raw materials, has a lot of similar characters as natural leather, however better physical & chemical performance, has been widely popular around the world
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