Global PU Resins for Faux Leather market cagr 8.2%

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PU Resins for Faux Leather Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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PU Resins for Faux Leather Market

PU Resins for Faux Leather Market Size and Growth

The global PU Resins for Faux Leather market is projected to reach a market size of $1.2 billion by 2025, with a CAGR of 5.4%. Market drivers include increasing demand for sustainable and animal-friendly alternatives to genuine leather. Key players in the market include BASF SE, Covestro AG, and Huntsman Corporation.

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Companies Covered (Covid 19 Impact Covered)

◍ Great Eastern Resins Industrial

◍ Jiuh Yi Chemical Industrial

◍ Taichin

◍ Toyopolymer

◍ DIC Corporation

◍ Zhejiang Huafon New Materials

◍ Xuchuan Chemical

◍ Anhui Sinograce Chemical

◍ Huada Chemical

◍ Hexin Holding

◍ Hongdeli

◍ YFResin

◍ Dabang Chemical

◍ Anhui Anli Material Technology

◍ Wanshun Chemical

The competitive landscape of the PU resins for faux leather market includes companies such as Great Eastern Resins Industrial, Jiuh Yi Chemical Industrial, Taichin, Toyopolymer, DIC Corporation, Zhejiang Huafon New Materials, Xuchuan Chemical, Anhui Sinograce Chemical, Huada Chemical, Hexin Holding, Hongdeli, YFResin, Dabang Chemical, Anhui Anli Material Technology, Wanshun Chemical.

These companies supply high-quality PU resins for faux leather production, catering to the increasing demand for synthetic leather in various industries such as automotive, fashion, and furniture. By developing innovative products and investing in research and development, they contribute to the growth of the PU resins for faux leather market.

- Great Eastern Resins Industrial: $500 million

- DIC Corporation: $3.2 billion

- Zhejiang Huafon New Materials: $1.5 billion

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Market Segmentation

By Application

◍ Footwear

◍ Furnishings

◍ Automotive

◍ Clothing and Bags

◍ Others

By Product

◍ Dry-process Synthetic Leather

◍ Wet-process Synthetic Leather

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Market Growth

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$ X Billion USD

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Global PU Resins for Faux Leather market cagr 8.2% by ReportPrime - Issuu