Synthetic Leather Market Analysis 2030

The Synthetic Leather Market is predicted to reach USD 71.14 billion by 2030 with a CAGR of 6.2% by 2030.

Download Free Sample

The synthetic leather market, also known as or imitation leather or artificial leather refers to the global industry involved in the production and sale of leather materials made from plastics and other non-animal sources. 

Asia-Pacific region holds the dominant in synthetic leather market share during the forecast period. The rapid expansion of the automotive sector in this region particularly in countries such as China and India drive growth in adoption of artificial leather an effective alternative to genuine leather for vehicle interiors.

Various key players operating in the synthetic leather industry includes Kuraray Co. Ltd., H.R. Polycoats Pvt. Ltd., Alfatex Italia SRL, Filwel Co. Ltd.,Yantai Wanhua Synthetic Leather Group Co. Ltd., San Fang Chemical Industry, General Silicones (GS), Nan Ya Plastics Corporation, Asahi Kasei, Teijin Cordley Limited and others.