Global Automotive PVC Artificial Leather Market Outlook 2022

PVC Artificial Leather Market 

The global Automotive PVC Artificial Leather market was valued at US$ 1188 million in 2020 and it is expected to reach US$ 1338.6 million by the end of 2027, growing at a CAGR of 1.6% during 2021-2027. Artificial leather is a material intended to substitute for leather in fields such as upholstery, clothing, footwear and fabrics and other uses where a leather-like finish is desired but the actual material is cost-prohibitive or unsuitable.

Polyvinylchloride (PVC), also commonly referred to as vinyl, is essentially a flexible plastic made from PVC resin, various fillers, and additives such as plasticizers to manipulate its softness, color and texture. Once the desired fillers have been added, PVC is used to coat one side of a knit or woven fabric backing and sometimes a center layer of foam.

PVC resin as raw materials to produce artificial leather called PVC artificial leather (referred to as artificial leather).

Global Automotive PVC Artificial Leather key players include Benecke-Kaliko, Kyowa Leather Cloth, CGT, etc. Global top three manufacturers hold a share over 60%.

Europe is the largest market, with a share about 35%, followed by China and North America, both have a share about 35 percent.

In terms of product, Seats is the largest segment, with a share over 50%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.

PVC Artificial Leather Market Drivers

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

PVC Artificial Leather Market Segments

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

• Seats
• Door Panel
• Instrument Panel
• Consoles
• Other

Segment by Application

• Passenger Vehicle
• Commercial Vehicle

BY COMPANY

• Benecke-Kaliko
• Kyowa Leather Cloth
• CGT
• Vulcaflex
• Scientex Berhad
• Archilles
• Mayur Uniquoters
• Fujian Polyrech Technology
• Wise Star
• MarvelVinyls
• Super Tannery Limited
• Jiangsu Zhongtong Auto Interior Material
• HR Polycoats
• Longyue Leather
• Wellmark
• Veekay Polycoats
• Xiefu Group

Production by Region

• North America
• Europe
• China
• Japan
• South Korea
• India

Consumption by Region

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• Taiwan
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• U.A.E