Market Overview:
The global PU resin for synthetic leather market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The growth of the global PU resin for synthetic leather market can be attributed to the increasing demand from various end-use industries such as clothing, furniture, transportation, and others. In terms of type, dry-process synthetic leather is expected to account for a larger share in the global PU resin for synthetic leather market during the forecast period. However, wet-process synthetic leather is projected to grow at a higher CAGR owing to its properties such as high strength and durability. In terms of application, clothing is expected to account for a larger share in the global PU resin for synthetic leather market during the forecast period.
Product Definition:
Polyurethane resins are a type of synthetic resin that is used in the manufacture of synthetic leather. Polyurethane resins are important because they provide the strength and durability that is needed for synthetic leather products.
Dry-process Synthetic Leather:
DPSL is a type of synthetic leather, which is made from polyurethane and other chemicals. It has several unique properties such as high tensile strength, abrasion resistance, tear-resistance and smoothness compared to traditional leathers.
Wet-process Synthetic Leather:
Wet-process synthetic leather is a type of artificial leather made from the chemical synthesis of polyurethane. It has several advantages over conventional, natural leather such as it's more durable and flexible. Wet-process synthetic also offers better water resistance properties than its natural counterpart.
The PU resins used in wet-processing are not treated with formaline; therefore, they do not have the characteristic stiffening effect that natural collagen provides to real animal hide.
Application Insights:
The clothing application segment led the global market and accounted for more than 45.0% share of the total revenue in 2017. The growing demand for PU resins in footwear is expected to drive product demand in this application over the forecast period. The furniture industry is another major consumer of these products as it offers flexibility, durability, and cost-effectiveness while manufacturing chairs, sofas, beds etc., which are widely popular across several end-use industries including education institutes and hospitals.
PU resins offer various advantages such as better resistance against water & moisture which makes them ideal for use in upholstery applications where high durability and comfort are required from seating cushions or mattresses respectively. Growing health concerns among consumers coupled with rising spending capacity have been driving the transportation industry towards electric vehicles (EVs).
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for over 35% of the overall revenue share. The region is anticipated to witness significant growth on account of increasing product demand from various application segments, including transportation, furniture & household, and others. Rising disposable income coupled with growing population in countries like China and India is expected to be a key factor driving PU resins for synthetic leather market over the forecast period.
Europe was valued at USD X million in 2017 as it has been one of the major producers of PU-based products since decades ago along with being a major consumer across countries like Germany, Italy, France among many others. Growing production facilities especially in Eastern Europe coupled with rising R&D activities related to PU-based products are likely to drive industry growth over next eight years.
Growth Factors:
- Increasing demand for PU Resins from automotive and furniture industries
- Rising awareness about the benefits of synthetic leather over natural leather
- Growing popularity of PU Resins-based artificial leather in footwear industry
- Proliferation of online retailing that offers a wider choice to consumers
- Technological advancements in the production of PU Resins that offer better quality and durability
Scope Of The Report
Report Attributes
Report Details
Report Title
PU Resins for Synthetic Leather Market Research Report
By Type
Dry-process Synthetic Leather, Wet-process Synthetic Leather
By Application
Clothing, Furniture, Transportation, Others
By Companies
Zhejiang Huafon New Materials, Xuchuan Chemical, Toyopolymer, Great Eastern Resins Industrial, Jiuh Yi Chemical Industrial, DIC Corporation, Anhui Sinograce Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global PU Resins for Synthetic Leather Market Report Segments:
The global PU Resins for Synthetic Leather market is segmented on the basis of:
Types
Dry-process Synthetic Leather, Wet-process Synthetic Leather
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Clothing, Furniture, Transportation, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zhejiang Huafon New Materials
- Xuchuan Chemical
- Toyopolymer
- Great Eastern Resins Industrial
- Jiuh Yi Chemical Industrial
- DIC Corporation
- Anhui Sinograce Chemical
Highlights of The PU Resins for Synthetic Leather Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dry-process Synthetic Leather
- Wet-process Synthetic Leather
- By Application:
- Clothing
- Furniture
- Transportation
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PU Resins for Synthetic Leather Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PU resins are a type of synthetic leather that is made from polyurethane. This material is often used to create imitation leather products, such as wallets and purses.
Some of the major players in the pu resins for synthetic leather market are Zhejiang Huafon New Materials, Xuchuan Chemical, Toyopolymer, Great Eastern Resins Industrial, Jiuh Yi Chemical Industrial, DIC Corporation, Anhui Sinograce Chemical.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PU Resins for Synthetic Leather Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. PU Resins for Synthetic Leather Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PU Resins for Synthetic Leather Market - Supply Chain
4.5. Global PU Resins for Synthetic Leather Market Forecast
4.5.1. PU Resins for Synthetic Leather Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PU Resins for Synthetic Leather Market Size (000 Units) and Y-o-Y Growth
4.5.3. PU Resins for Synthetic Leather Market Absolute $ Opportunity
5. Global PU Resins for Synthetic Leather Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. PU Resins for Synthetic Leather Market Size and Volume Forecast by Type
5.3.1. Dry-process Synthetic Leather
5.3.2. Wet-process Synthetic Leather
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PU Resins for Synthetic Leather Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. PU Resins for Synthetic Leather Market Size and Volume Forecast by Application
6.3.1. Clothing
6.3.2. Furniture
6.3.3. Transportation
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PU Resins for Synthetic Leather Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. PU Resins for Synthetic Leather Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global PU Resins for Synthetic Leather Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. PU Resins for Synthetic Leather Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global PU Resins for Synthetic Leather Demand Share Forecast, 2019-2026
9. North America PU Resins for Synthetic Leather Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America PU Resins for Synthetic Leather Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America PU Resins for Synthetic Leather Market Size and Volume Forecast by Application
9.4.1. Clothing
9.4.2. Furniture
9.4.3. Transportation
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PU Resins for Synthetic Leather Market Size and Volume Forecast by Type
9.7.1. Dry-process Synthetic Leather
9.7.2. Wet-process Synthetic Leather
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America PU Resins for Synthetic Leather Demand Share Forecast, 2019-2026
10. Latin America PU Resins for Synthetic Leather Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America PU Resins for Synthetic Leather Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America PU Resins for Synthetic Leather Market Size and Volume Forecast by Application
10.4.1. Clothing
10.4.2. Furniture
10.4.3. Transportation
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PU Resins for Synthetic Leather Market Size and Volume Forecast by Type
10.7.1. Dry-process Synthetic Leather
10.7.2. Wet-process Synthetic Leather
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America PU Resins for Synthetic Leather Demand Share Forecast, 2019-2026
11. Europe PU Resins for Synthetic Leather Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe PU Resins for Synthetic Leather Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe PU Resins for Synthetic Leather Market Size and Volume Forecast by Application
11.4.1. Clothing
11.4.2. Furniture
11.4.3. Transportation
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PU Resins for Synthetic Leather Market Size and Volume Forecast by Type
11.7.1. Dry-process Synthetic Leather
11.7.2. Wet-process Synthetic Leathe
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe PU Resins for Synthetic Leather Demand Share, 2019-2026
12. Asia Pacific PU Resins for Synthetic Leather Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific PU Resins for Synthetic Leather Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific PU Resins for Synthetic Leather Market Size and Volume Forecast by Application
12.4.1. Clothing
12.4.2. Furniture
12.4.3. Transportation
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PU Resins for Synthetic Leather Market Size and Volume Forecast by Type
12.7.1. Dry-process Synthetic Leather
12.7.2. Wet-process Synthetic Leather
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific PU Resins for Synthetic Leather Demand Share, 2019-2026
13. Middle East & Africa PU Resins for Synthetic Leather Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa PU Resins for Synthetic Leather Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa PU Resins for Synthetic Leather Market Size and Volume Forecast by Application
13.4.1. Clothing
13.4.2. Furniture
13.4.3. Transportation
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PU Resins for Synthetic Leather Market Size and Volume Forecast by Type
13.7.1. Dry-process Synthetic Leather
13.7.2. Wet-process Synthetic Leather
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa PU Resins for Synthetic Leather Demand Share, 2019-2026
14. Competition Landscape
14.1. Global PU Resins for Synthetic Leather Market: Market Share Analysis
14.2. PU Resins for Synthetic Leather Distributors and Customers
14.3. PU Resins for Synthetic Leather Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Zhejiang Huafon New Materials
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Xuchuan Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Toyopolymer
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Great Eastern Resins Industrial
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Jiuh Yi Chemical Industrial
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DIC Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Anhui Sinograce Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
