Reports
Global Polyurethane Leather Market Size, Share, Forecast: By Applications: Footwear, Furnishing, Automotive, Clothing, Bags and Wallets, Sports, Electronics, Others; By Sales Channel: OEM (Original Equipment Manufacturer), Aftersales; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Global Polyurethane Leather Market Outlook
The global polyurethane leather market is being aided by the rising synthetic leather market, which reached a value of about USD 29.77 billion in 2023. The synthetic leather market is further expected to grow at a CAGR of 5% in the forecast period of 2024-2032 to reach a value of USD 39.69 billion by 2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The Asia Pacific to Provide Enhanced Opportunities to the Polyurethane Leather Industry for its Growth
The Asia Pacific is expected to witness a robust growth over the forecast period. The emerging markets in the region, such as China, India, Thailand, and Vietnam, are anticipated to play a major role in product demand. The growing usage of polyurethane leather in the footwear industry is significantly contributing to the industry growth. The growing population and the escalating disposable incomes are resulting in the increased demand for leather and luxury products in the region, which, in turn, is driving the demand for polyurethane leather as a raw material. Europe is another significant market for the product. However, the recent spread of COVID-19 across the globe has adversely impacted the demand for PU leather due to the stringent government restrictions put in place to curb the spread of the pandemic.
Polyurethane Leather: Market Segmentation
Polyurethane leather, also referred to as PU leather, is a type of artificial/synthetic leather obtained from thermoplastic polymer. The synthetic leather products are prepared through the process of coagulation, wherein polyurethane is combined with dimethylformamide and cellulose fibre to finally produce polyurethane leather as the end product. In comparison to other types of synthetic leather, PU leather provides benefits like better tensile strength, rigidity, compression, surface friction, and roughness. Its major applications include footwear, clothing, and bags and wallet, among others.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on application, the market is divided into:
- Footwear
- Furnishing
- Automotive
- Clothing
- Bags and Wallets
- Sports
- Electronics
- Others
On the basis of sales channel, the industry can be segmented into:
- OEM (Original Equipment Manufacturer)
- Aftersales
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Market Analysis
The global market for polyurethane leather is being driven by the growing demand for products prepared from synthetic leather owing to their premium look and quality. PU leather is an affordable alternative to genuine leather, which is increasingly replacing its applications in handbags, car furnishings, clothing, and others. Further, it enables the production of lightweight, breathable, and waterproof materials. The growing trend of athleisure and the rising demand for athletic shoes are significantly contributing to the industry growth as footwear is one of the major applications of the product. The market is also supported by the increasing disposable incomes and rising living standards. Since PU does not emit dioxins, it is considered an eco-friendlier alternative over other synthetic leathers like polyvinyl chloride (PVC) leather. Over the forecast period, the new product innovations by the manufacturers are expected to further propel the industry growth.
Key Industry Players in the Global Polyurethane Leather Market
The report gives a detailed analysis of the following key players in the global polyurethane leather market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Stahl Holdings B.V.
- Ocean Plastic Co., Ltd.
- DOW chemical Company
- BZ Leather Company
- DAEWON Chemical
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Applications, Sales Channel, Region |
| Breakup by Applications | Footwear, Furnishing, Automotive, Clothing, Bags and Wallets, Sports, Electronics, Others |
| Breakup by Sales Channel | OEM (Original Equipment Manufacturer), Aftersales |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Stahl Holdings B.V., Ocean Plastic Co., Ltd., DOW chemical Company, BZ Leather Company, DAEWON Chemical, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Polyurethane Leather Market Analysis
8.1 Key Industry Highlights
8.2 Global Polyurethane Leather Historical Market (2018-2023)
8.3 Global Polyurethane Leather Market Forecast (2024-2032)
8.4 Global Polyurethane Leather Market by Applications
8.4.1 Footwear
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Furnishing
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Automotive
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Clothing
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2023)
8.4.4.3 Forecast Trend (2024-2032)
8.4.5 Bags and Wallets
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2023)
8.4.5.3 Forecast Trend (2024-2032)
8.4.6 Sports
8.4.6.1 Market Share
8.4.6.2 Historical Trend (2018-2023)
8.4.6.3 Forecast Trend (2024-2032)
8.4.7 Electronics
8.4.7.1 Market Share
8.4.7.2 Historical Trend (2018-2023)
8.4.7.3 Forecast Trend (2024-2032)
8.4.8 Others
8.5 Global Polyurethane Leather Market by Sales Channel
8.5.1 OEM (Original Equipment Manufacturer)
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Aftersales
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.6 Global Polyurethane Leather Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Company Profiles
12.3.1 Stahl Holdings B.V.
12.3.1.1 Company Overview
12.3.1.2 Product Portfolio
12.3.1.3 Demographic Reach and Achievements
12.3.1.4 Certifications
12.3.2 Ocean Plastic Co., Ltd.
12.3.2.1 Company Overview
12.3.2.2 Product Portfolio
12.3.2.3 Demographic Reach and Achievements
12.3.2.4 Certifications
12.3.3 DOW chemical Company
12.3.3.1 Company Overview
12.3.3.2 Product Portfolio
12.3.3.3 Demographic Reach and Achievements
12.3.3.4 Certifications
12.3.4 BZ Leather Company
12.3.4.1 Company Overview
12.3.4.2 Product Portfolio
12.3.4.3 Demographic Reach and Achievements
12.3.4.4 Certifications
12.3.5 DAEWON Chemical
12.3.5.1 Company Overview
12.3.5.2 Product Portfolio
12.3.5.3 Demographic Reach and Achievements
12.3.5.4 Certifications
12.3.6 Others
13 Industry Events and Developments
Additional Customisations Available:
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Materials
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Key Figures and Tables
1. Global Polyurethane Leather Market: Key Industry Highlights, 2018 and 2032
2. Global Polyurethane Leather Historical Market: Breakup by Applications (USD Billion), 2018-2023
3. Global Polyurethane Leather Market Forecast: Breakup by Applications (USD Billion), 2024-2032
4. Global Polyurethane Leather Historical Market: Breakup by Sales Channel (USD Billion), 2018-2023
5. Global Polyurethane Leather Market Forecast: Breakup by Sales Channel (USD Billion), 2024-2032
6. Global Polyurethane Leather Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Polyurethane Leather Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Polyurethane Leather Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Polyurethane Leather Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Polyurethane Leather Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Polyurethane Leather Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Polyurethane Leather Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Polyurethane Leather Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Polyurethane Leather Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Polyurethane Leather Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Polyurethane Leather Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Polyurethane Leather Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Polyurethane Leather Market Structure
Key Questions Answered in the Report
In 2023, the market attained a value of nearly USD 29.77 billion.
The market is projected to grow at a CAGR of 5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 39.69 billion by 2032.
The major drivers of the market are rising disposable incomes, increasing population, growing demand for synthetic leather, increasing demand for premium quality products, and growing technological advancements.
The key trends guiding the market include the growing R&D activities and new product launches by key players.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major applications of polyurethane leather are footwear, furnishing, automotive, clothing, bags and wallets, sports, and electronics, among others.
The major sales channels in the industry are OEM (original equipment manufacturer) and aftersales.
The major players in the industry are Stahl Holdings B.V., Ocean Plastic Co., Ltd., DOW chemical Company, BZ Leather Company, and DAEWON Chemical, among others.
Analyst Review
The global polyurethane leather market is being driven by the rising synthetic leather market, which attained a value of USD 29.77 billion in 2023. Aided by the growing R&D activities, the synthetic leather market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5%. The synthetic leather market is projected to reach USD 39.69 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By application, the market is segmented into footwear, furnishing, automotive, clothing, bags and wallets, sports, and electronics, among others. Based on sales channel, the industry is bifurcated into OEM (original equipment manufacturer) and aftersales. The major regional markets for polyurethane leather are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Stahl Holdings B.V., Ocean Plastic Co., Ltd., DOW chemical Company, BZ Leather Company, and DAEWON Chemical, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1699
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$2799
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER