Microfiber Polyurethane Synthetic (Faux)
Leather Market
Microfiber Polyurethane Synthetic (Faux) Leather Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Microfiber Polyurethane Synthetic (Faux) Leather Market Size and Growth
The Microfiber Polyurethane Synthetic (Faux) Leather market research reports indicate a growing demand for eco-friendly and sustainable alternatives to real leather. The market is expected to reach a size of $1.5 billion by 2025, driven by increasing awareness about animal welfare and environmental concerns among consumers worldwide.
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Companies Covered (Covid 19 Impact Covered)
◍ Huafon Group
◍ Kuraray
◍ Toray
◍ Hexin Group
◍ Tongda Island
◍ Double Elephant
◍ Topsun Micro Fiber
◍ Teijin Cordley
◍ Asahi Kasei
◍ Xiangyu Xinghong
◍ Kolon Industries
◍ Sanfang
◍ Wanhua Micro Fiber
◍ Meisheng Group
◍ FILWEL
◍ Sanling Micro Fiber
◍ SISA
◍ NPC
The Microfiber Polyurethane Synthetic (Faux) Leather Market is highly competitive with key players such as Huafon Group, Kuraray, Toray, Hexin Group, Tongda Island, and others. These companies produce and supply high-quality faux leather products to various industries, contributing to the market's growth.
- Huafon Group: $1.5 billion
- Kuraray: $1.2 billion
- Toray: $1.6 billion
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Market Segmentation
By Application
◍ Footwear
◍ Furnishings
◍ Automotive
◍ Clothing and Bags
◍ Others
By Product
◍ Co-Blending Spinning
◍ Composite Spinning
◍ Direct Spinning
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Market Growth
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$ X Billion USD
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