Global Urethane Resin for PU Synthetic Leather Market Growth 2025-2031
Description
The global Urethane Resin for PU Synthetic Leather market size is predicted to grow from US$ 10950 million in 2025 to US$ 33940 million in 2031; it is expected to grow at a CAGR of 20.7% from 2025 to 2031.
Synthetic leather fabrics are often formed by coating or laminating a substrate, such as woven or nonwoven textile fabric, with a layer of a polymeric layer, such as a polyurethane resin, and subsequently heating and curing the polymeric layer on the substrate. The cured polymeric layer on the substrate is then embossed and is mechanically buffed so as to produce a surface having a natural leather-like appearance. Various polymeric layers for the production of the synthetic leather fabrics have been disclosed in the prior art to provide the desired appearance and other properties, such as durability and softness.PU Synthetic Leather is used for car seats and interior finishing as a raw material of artificial leather and imparts an excellent texture close to that of real leather.The polyurethane resin for leather includes: solvent-free, microfiber, water-based, dry, wet and others. Polyurethane resins diverse by means of physical and chemical properties according to the manufacturing phase...
The growing athleisure trend of integrating sneakers into daily life is also expected to drive the growth of this segment. Artificial leather footwear products are three times cheaper than footwear made of animal hides, thus boosting the growth of the segment. The furniture industry is also one of the main areas of application for synthetic leather, as it is cheaper than animal skins.
There are a variety of synthetic leather materials on the market to meet the different requirements of the furniture industry in terms of color, texture and fabric appearance. Additionally, this man-made alternative can be used for marine furniture as it is salt water resistant. Artificial leather is lighter than animal skin and is therefore used in cars, trucks, motorcycles, buses and agricultural vehicles. Polyurethane is the most widely used material in the automotive sector because it is non-stick and softer than other products. The wallets, luggage and wallets segment is expected to witness significant growth in the coming years owing to strong demand for the products. Using faux leather can produce bags that are lightweight, breathable, scratch-resistant, waterproof and easy to maintain.
LP Information, Inc. (LPI) ' newest research report, the “Urethane Resin for PU Synthetic Leather Industry Forecast” looks at past sales and reviews total world Urethane Resin for PU Synthetic Leather sales in 2024, providing a comprehensive analysis by region and market sector of projected Urethane Resin for PU Synthetic Leather sales for 2025 through 2031. With Urethane Resin for PU Synthetic Leather sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Urethane Resin for PU Synthetic Leather industry.
This Insight Report provides a comprehensive analysis of the global Urethane Resin for PU Synthetic Leather landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Urethane Resin for PU Synthetic Leather portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Urethane Resin for PU Synthetic Leather market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Urethane Resin for PU Synthetic Leather and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Urethane Resin for PU Synthetic Leather.
This report presents a comprehensive overview, market shares, and growth opportunities of Urethane Resin for PU Synthetic Leather market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Resin for Dry Process
Resin for Wet Process
Segmentation by Application:
Automobile Interior
Furniture
Shoes
Garment
Bags
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ADEKA CORPORATION
Polynt S.p.A
Wacker Chemie
SEKISUI CHEMICAL CO.,LTD.
SAPICI S.p.A.
Silvateam S.p.a
Arkema
Coim Group
DIC Corporation
UBE Corporation
Covestro AG
Smooth-On,Inc.
Capital Resin Corporation
NICCA CHEMICAL CO.,LTD.
TOYOPOLYMER CO.,LTD.
KANGNAM JEVISCO CO.,LTD
Berkshire Hathaway
SANYO CHEMICAL INDUSTRIES,LTD
Hanwha Solutions Chemical Division
Shanghai Huide Science and Technology Co.,ltd.
XUCHUAN CHEMICAL(SUZHOU) CO.,LTD
Huafon Chemical Co.,Ltd.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Urethane Resin for PU Synthetic Leather market?
What factors are driving Urethane Resin for PU Synthetic Leather market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Urethane Resin for PU Synthetic Leather market opportunities vary by end market size?
How does Urethane Resin for PU Synthetic Leather break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Synthetic leather fabrics are often formed by coating or laminating a substrate, such as woven or nonwoven textile fabric, with a layer of a polymeric layer, such as a polyurethane resin, and subsequently heating and curing the polymeric layer on the substrate. The cured polymeric layer on the substrate is then embossed and is mechanically buffed so as to produce a surface having a natural leather-like appearance. Various polymeric layers for the production of the synthetic leather fabrics have been disclosed in the prior art to provide the desired appearance and other properties, such as durability and softness.PU Synthetic Leather is used for car seats and interior finishing as a raw material of artificial leather and imparts an excellent texture close to that of real leather.The polyurethane resin for leather includes: solvent-free, microfiber, water-based, dry, wet and others. Polyurethane resins diverse by means of physical and chemical properties according to the manufacturing phase...
The growing athleisure trend of integrating sneakers into daily life is also expected to drive the growth of this segment. Artificial leather footwear products are three times cheaper than footwear made of animal hides, thus boosting the growth of the segment. The furniture industry is also one of the main areas of application for synthetic leather, as it is cheaper than animal skins.
There are a variety of synthetic leather materials on the market to meet the different requirements of the furniture industry in terms of color, texture and fabric appearance. Additionally, this man-made alternative can be used for marine furniture as it is salt water resistant. Artificial leather is lighter than animal skin and is therefore used in cars, trucks, motorcycles, buses and agricultural vehicles. Polyurethane is the most widely used material in the automotive sector because it is non-stick and softer than other products. The wallets, luggage and wallets segment is expected to witness significant growth in the coming years owing to strong demand for the products. Using faux leather can produce bags that are lightweight, breathable, scratch-resistant, waterproof and easy to maintain.
LP Information, Inc. (LPI) ' newest research report, the “Urethane Resin for PU Synthetic Leather Industry Forecast” looks at past sales and reviews total world Urethane Resin for PU Synthetic Leather sales in 2024, providing a comprehensive analysis by region and market sector of projected Urethane Resin for PU Synthetic Leather sales for 2025 through 2031. With Urethane Resin for PU Synthetic Leather sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Urethane Resin for PU Synthetic Leather industry.
This Insight Report provides a comprehensive analysis of the global Urethane Resin for PU Synthetic Leather landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Urethane Resin for PU Synthetic Leather portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Urethane Resin for PU Synthetic Leather market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Urethane Resin for PU Synthetic Leather and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Urethane Resin for PU Synthetic Leather.
This report presents a comprehensive overview, market shares, and growth opportunities of Urethane Resin for PU Synthetic Leather market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Resin for Dry Process
Resin for Wet Process
Segmentation by Application:
Automobile Interior
Furniture
Shoes
Garment
Bags
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ADEKA CORPORATION
Polynt S.p.A
Wacker Chemie
SEKISUI CHEMICAL CO.,LTD.
SAPICI S.p.A.
Silvateam S.p.a
Arkema
Coim Group
DIC Corporation
UBE Corporation
Covestro AG
Smooth-On,Inc.
Capital Resin Corporation
NICCA CHEMICAL CO.,LTD.
TOYOPOLYMER CO.,LTD.
KANGNAM JEVISCO CO.,LTD
Berkshire Hathaway
SANYO CHEMICAL INDUSTRIES,LTD
Hanwha Solutions Chemical Division
Shanghai Huide Science and Technology Co.,ltd.
XUCHUAN CHEMICAL(SUZHOU) CO.,LTD
Huafon Chemical Co.,Ltd.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Urethane Resin for PU Synthetic Leather market?
What factors are driving Urethane Resin for PU Synthetic Leather market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Urethane Resin for PU Synthetic Leather market opportunities vary by end market size?
How does Urethane Resin for PU Synthetic Leather break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
149 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Urethane Resin for PU Synthetic Leather by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Urethane Resin for PU Synthetic Leather by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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