Research Reports
Synthetic Leather Market 2021 Segmentation and Analysis by Recent Trends, consumption by Regional data, Development, Investigation, Growth by to 2027

Synthetic Leather Market – Global Industry Analysis and Opportunity Assessment 2016–2026
This report by Future Market Insights on the global synthetic leather market for the period 2016–2026 presents an outlook of the market across the globe. The primary objective of the report is to offer updates on market opportunities in the global synthetic leather market. Synthetic leather also termed as artificial leather which exists in form of a fabric made of woven/ non- woven clothes and polymers with high finishing finish envisioned to use as the alternative to leather in clothing, footwear, bags etc. PU and PVC are polymers are mainly used for the manufacturing of synthetic leather . PVC synthetic leather is comparatively cheaper where PU is better in quality.
Chemicals are used at the different stages in the production of leather. Operational stages in synthetic leather production include preparatory, tanning, crushing and surface coatings. Tanning & dyeing chemicals hold the largest share of the global synthetic chemical market and this trend is anticipated to continue during the forecast period. The global synthetic leather industry is gradually transitioning toward lightweight leather products for the automotive industry. Attributing to the growing demand for lightweight vehicles, the leather industry is also trying to capture this trend in the synthetic leather market.
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Growing demand for premium quality leather from various end-use industries is expected to drive the synthetic leather market. Premium quality leather is widely used in furniture, footwear, bags, hats, jackets, belts, wallets and other decorative products. Changing lifestyle and rising disposable income in developing countries such as China and India are driving the demand for synthetic leather. Brazil and Mexico are also contributing significantly to the demand for high-quality leather. Furthermore, the growing automotive industry is indirectly fueling the synthetic leather market. The demand for leather in automotive interiors, upholstery and seat covers is driving the leather industry, which in turn is expected to fuel the synthetic leather market.
However, stringent environmental regulations regarding the use and transport of synthetic leather are expected to inhibit the market growth for synthetic leather. For instance, chromium, a heavy metal used in the tanning process of leather is a potent carcinogen. Chromium is banned in Europe by Registration, Evaluation, Authorization and Restriction of Chemical substances (REACH).
To understand and offer insights on the global synthetic leather market, the report has been categorically split into three sections: market analysis material type, application and region. The report analyses the global synthetic leather market in terms of market value (US$ Mn) and volume (Tons).
The report starts with an overview of the global synthetic leather market. This section also includes FMI’s analysis of key trends, drivers and restraints from the supply and demand perspectives. Impact analysis of key growth drivers and restraints based on the weighted average model are included in the report to better equip and arm clients with crystal-clear, decision-making insights.
To understand consumption patterns and assess opportunities in the synthetic leather market, the report is divided into sections on the basis of material type, application, and region. The report analyzes the synthetic leather market in terms of market value (US$ Mn). The report covers the global synthetic leather market performance in terms of value contribution. The synthetic leather market report also includes FMI’s analysis of drivers and restraints witnessed in the market. Key trends observed across the value chain are also included in the report. The report highlights existing opportunities in the synthetic leather market to equip the client with crystal-clear, decision-making insights.
To understand and assess opportunities in the global synthetic leather market, the report has been divided into three sections based on market segmentation as:
REGION | MATERIAL TYPE | APPLICATION |
North America | PVC | Footwear |
Latin America | PU | Furnishing |
Eastern Europe | Bio Based | Automotive |
Western Europe | Seat | |
Japan | Door | |
APEJ | Dash | |
MEA | Steering Cover | |
Others | ||
Clothing | ||
Bags | ||
Sports | ||
Electronics |
Research Methodology of the Synthetic Leather Market
Market volume is inferred through in-depth secondary research and validated from industry experts through primary interviews. Each interview is thoroughly analysed and average market volume is deduced and reconfirmed and incorporated in the report. The prices of synthetic leather are deduced through material type, where the average price of each material is inferred across all the seven regions. The market value of the synthetic leather market is thus calculated from the data provided by the average selling price and market volume.
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For the ten-year forecast of the market, various macroeconomic factors and changing trends have been observed, which give an idea about the future of the market. Other important factors considered to arrive at market forecast are the size of the current market, inputs from the supply side and demand side and other dynamics shaping the scenario of the market.
During the compilation of the report, the forecast has been conducted in terms of CAGR, while other important criteria such as year-on-year growth and absolute dollar opportunity have also been incorporated presenting the client with crystal clear insights and future opportunities as far as the synthetic leather market is concerned.
Other important parameters such as market attractiveness index and impact analysis of the drivers and restraints for each region are included in this report providing insights about the dynamics, growth, performance and untapped opportunities in the synthetic leather market. In-depth profiling of major synthetic leather manufacturers is included in the final section of the report detailing the strengths, weaknesses and competitive strategies of each manufacturers.
The list of key market participants included in the “Synthetic leather Market: Global Industry Analysis 2012–2016 and Opportunity Assessment, 2017–2026” report are as follows:
- Kolon Industries Inc.
- Mayur Uniquoters Ltd.
- Gruppo Mastrotto spa
- Alfatex.
- Achilles Corp.
- Teijin Limited
- Nan Ya Plastics Corporation
- Asahi Kasei Corporation
- Toray Group Kuraray Co., Ltd.
- Daewon Chemical Co Ltd.
- Leather Resource of America Inc.
- Comfort Int’l Co., Ltd
- Sheng Hung Industrial Co. Ltd.
- Plastics Elche S.A
Research Reports
Automotive Steering System Market In-Depth Analysis on Size, Cost Structure and Prominent Key Players -JTEKT Corporation, Nexteer Automotive Group Ltd., Showa Corporation

FMI offers a 10-year forecast for the Automotive Steering System between 2017 and 2027. In terms of value, the market is expected to register a CAGR of 3.5% during the forecast period (2017–2027). The main objective of the report is to offer insights on the advancements in the global Automotive Steering System market. The study provides market dynamics that are expected to influence the current environment and future status of the Automotive Steering System over the forecast period. The primary objective of this report is to offer updates on trends, drivers, restraints, value forecasts and opportunities for manufacturers operating in the Automotive Steering System market.
A section of the report discusses how the overall competition in the market is steadily increasing. It discusses various factors that are shaping internal as well as external competition in the market. The Automotive Steering System market is expected to grow at a stable pace in near future. Moreover, steady growth of the automotive industry — due to increase in vehicle production, sales & fleet on road, infrastructural development, economic growth and rising purchasing power — is anticipated to create healthy growth opportunities in the Automotive Steering System market.
The report provides detailed market share analysis of the Automotive Steering System market on the basis of key manufacturers. A section of the report highlights overall country-wise Automotive Steering System Market. It provides a market outlook for 2017–2027 and sets the forecast within the context of the report. The report sheds light on key developments and activities being executed by the prominent manufacturers operating in the Automotive Steering System market.
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Key Segments Covered in Automotive Steering System Market Report:
On the basis of technology, the Automotive Steering System market can be segmented into:
- Hydraulic Automotive Steering System
- Electronic Automotive Steering System
- H-EPS
- C-EPS
- P-EPS
- R-EPS
On the basis of vehicle type, the Automotive Steering System market can be segmented into:
- Passenger Car
- Compact
- Mid-Size
- Premium
- Luxury
- SUV
- Light Commercial Vehicle (LCV)
- Heavy Commercial Vehicle (HCV)
On the basis of region, the Automotive Steering market can be segmented into:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- Middle East & Africa (MEA)
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A detailed analysis has been provided for every segment, in terms of market size (volume and value) analysis for Automotive Steering System.
The report starts with the market overview and provides market definition and analysis of drivers, restraints, opportunities, supply chain and key trends in the Automotive Steering System market. The next section includes global Automotive Steering System market analysis by technology, vehicle type and region-level analysis. All the above sections evaluate the Automotive Steering System market on the basis of various factors affecting the market and cover present scenario and future prospects. For market data analysis, the report provides historical data from 2012 to 2016 and considers 2016 as the base year, with Automotive Steering System market numbers estimated for 2017 and forecast made for 2018–2027.
It is imperative to note that in an ever-fluctuating global economy, we not only conduct forecast in terms of CAGR, but also analyse the same on the basis of key parameters, such as year-on-year (Y-o-Y) growth, to understand the predictability of the market and identify the right opportunities for market players.
Another key feature of the Automotive Steering System market report is the analysis of all key segments in terms of absolute dollar. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve as well as in identifying potential resources from a sales and delivery perspective in the Automotive Steering System market.
Research Methodology of Automotive Steering System Market
The report titled “Automotive Steering System Market” focuses on providing information regarding the volume and value of market from a global perspective. The research on the said market was initiated thorough secondary research on the product, using both top-down and bottom-up approaches, right down to the country and segmental level. Automotive production, vehicle parc, market trends and growth projections were taken into consideration to arrive at the total market. In addition to the above secondary research, yearly revenue generated by the various technology types of Automotive Steering System was estimated.
Furthermore, the yearly revenue generated from Automotive Steering System manufacturing companies from each product type were obtained from both primary and secondary sources and then benchmarked at the regional level. Fluctuations in annual prices over the forecast period have been based on the historic market trends and expected percentage change in the upcoming years on the basis of investment has been done on the patent market and the related industry. Any decline or increase in price in the upcoming years has been kept linear for all the regions.
The Automotive Steering System market value, thus, deduced was once again cross verified and validated from the supply side. FMI’s proprietary regression analysis forecast model was adopted to generate the market estimation for the forecast years. This model takes into account the effects of macroeconomic factors impacting the overall Automotive Steering System market. All the data was further validated by primary respondents belonging to different levels of the value chain of the Automotive Steering System market, such as manufacturers and independent service providers.
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Automotive Steering System Market Participants
In the final section of the report, a competitive landscape has been included to provide report audiences with a dashboard view of global Automotive Steering System market. Detailed profiles of manufacturers have also been included within the scope of the report to evaluate their long- and short-term strategies, key offerings and recent developments in the Automotive Steering System. Some of the key players covered under the scope of this report on global Automotive Steering System are JTEKT Corporation, Nexteer Automotive Group Ltd., Showa Corp., ThyssenKrupp AG, Hitachi Automotive System Ltd., Sona Koyo Steering System Ltd., Robert Bosch GmbH, NSK Steering System Co. Ltd., Mando Corp., ZF Friedrichshafen AG, Magal Engineering Limited, ATS Automation Tooling System Inc., and Hyundai Mobis.
Research Reports
Coating Additives Market Size, Top Key Players, Latest Trends, Regional Insights and Global Industry Dynamics By 2022

Coating additives are emerging as a convenient and effective option for improving performance in terms of anti-corrosion, anti-microbial, self-cleaning, and anti-icing properties in end uses. Ongoing innovations in the composition of industrial chemicals and resins that can be used as coating additives are being leveraged for further expanding the operational properties of coating materials. This, in turn, is widening the scope of their applications in versatile industries.
Apart from their use in the automotive and transportation industries, the demand for coating additives as a construction material is increasing at a rapid pace. Leading players in the coating additives market are focusing their efforts to introduce bulk chemicals that can impart a unique combination of benefits. This is likely to prove a winning strategy for manufacturers to attract customers by enabling them to explore versatile performance properties of coating solutions in diverse applications.
Future Market Insights (FMI) has recently published a report titled “Coating Additives Market: Industry analysis (2012-2016) and Opportunity Analysis (2017-2022)” that offers insightful information and important updates related to the coating additives market. The report includes data with regards to developments and product innovations that is influencing the growth of the market.
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Report Structure
The report starts with an executive summary, wherein a brief outline of key research findings have been offered. This part of the report also provides an all-round outlook towards regional and product segmentations of the market, covering their historical and forecasted expansion. The reader will also gain excess to information regarding the performance of the coating additives market in terms of revenue generation. The following section covers the introduction and definition of the market. Next, the report provides an in-depth analysis on the impact of macro-economic aspects and key trends to enable investors to make informed decisions.
The coating additives market is well-defined in the report so readers gets a clear view of the opportunities of this market. In the subsequent part of the report, information on the key dynamics of the global market for coating additives. Important aspects covered in this section comprise of fiscal stimulus, global economy and bottom line of enterprises. The report also offers information of the supply chain, cost structure and pricing analysis of the global market for coating additives in succeeding section. Also, the reader will come across an analysis on the leading market players in this section of the report.
Companies that manufacturer coating additives are actively focusing on further product innovation and development of eco-friendly coatings additives in order to leverage the market potentials showcased by such products. Moreover, stringent regulatory norms imposed on maximum permissible level of VOC release from coating additives are promoting manufacturer to seek raw materials that can enable manufacturing of bio-based and water-borne coating additives. The report talks about such as factors in order to inform the readers about the current trends, which are likely to govern the market in the forthcoming years.
The coating additives market is exhibiting a steady growth in terms of revenue owing to increasing product application. Application of coating in wood & furniture, architectural and automotive manufacturing continues to grow. Rheology modification, biocides Impact modification, anti-foaming and wetting & dispersion have emerged as some of the key applications of coating additives. Coating additives enhances paint and coating functionalities such as dispersing of solids, gloss control, anti-chipping, UV protection, wettability, foam reduction, anti-catering, and flow control. Coating additives helps in protect surfaces from high temperature, abrasion, moisture, biocides, chemicals during the service life of the object that is coated.
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Market Taxonomy
In one of its chapters, the report offers a thorough of the key segmentation of the market, which include product type, formulation type, application, end use industry and region. Further, the report provides insights on each of the market segments and sub-segments in terms of Y-o-Y growth, market size, absolute $ opportunity, BPS analysis and market attractive index.
PRODUCT TYPE | FORMULATION TYPE | APPLICATION | END USE INDUSTRY |
Acrylics | Solvent Based | Rheology Modification | Automotive |
Fluoropolymers | Water Based | Biocides Impact Modification | Architectural |
Urethanes | Anti-Foaming | Industrial | |
Metallic Additive | Wetting & Dispersion | Wood & Furniture | |
Others (epoxy, polyalkyds, and amines) | Others (slip & rub, flexibility, curing, and so on) | Others |
These sections also presents country-specific forecast and cross-sectional data on coating additives market. In addition, the report offers an all-inclusive profiling of prominent market participants, in which, their present share in overall market and recent developments are mentioned.
Research Methodology
The research methodology and analytical approach taken in the time of development of the report are based on bi-focal projections on the regional as well as global market trends that are influenced by population, economy and technology.
Research Reports
Automotive Tire Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast to 2027

The exhaustive research report titled “Automotive Tire Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” gives all the guidelines essential to take the product from the conceptualisation to commercialisation stage and a feel of the future by presenting thoughts on the future scenario using an effective forecasting model.
Unique research methodology
The global automotive tire market is researched with the help of a unique research methodology. Future Market Insights follows a robust research process which delivers high accuracy in market number crunching and statistical data analysis, thus delivering the necessary value addition from a strategic standpoint. Secondary research, along with an extensive primary research along with opinions from key players and sources are the three pillars of this value adding research process. The secondary research gives an overview of the market scenario on the basis of which a large number of primary interviews are conducted and with the insights obtained from market observers, the data is validated. This data is again re-validated as the primary interview process continues and each data point gets a realistic shape. With this the data triangulation is carried out to achieve maximum accuracy, eliminating the possible market deviations and errors thereby presenting a thought leader angle to the researched insights. This also enables the reader of the report to correlate the various segmentations and micro segmentations included in the report with the past, current and future market scenario.
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Actionable intelligence at your disposal
It becomes important to understand the pulse running the global automotive tire market and mere numbers or data or conclusions would not help if not given the right contour. Every region has its own characteristic value which contributes to the global automotive tire market scenario. An unbiased opinion is what matters and the market research report on the global automotive tire market offers actionable insights which can be used to unmask the trends, develop strategies, and sketch a growth road map, enabling the reader to make informed decisions.
Competitive Analysis
A separate section of the global automotive tire market research report discusses on the key market players. The competitive dashboard speaks about the strategies adopted by the key companies, their growth patterns, mergers and acquisitions, product portfolios and new innovations coming up, analysis of the technological aspects, their global presence, etc. It becomes easier to track the market once a view of the players piloting the market are studied and this is as vital as analysing the “to do” things in order to achieve growth with stability. The research report gives an exquisite contour of the strengths, weaknesses, the possible threats and the “can be grasped” opportunities.
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Market Segmentation
By Vehicle Type
- 2/3 Wheeler
- <18”
- >=18”
- Passenger Vehicle
- <=15”
- 16”-19”
- >=20”
- Commercial Vehicle
- Light Commercial Vehicle
- <=15”
- 16”-19”
- >=20”
- Heavy Commercial Vehicle
- <=20”
- 21”-24”
- >=24”
- specialty Vehicle
By Sales Channel
- OEM
- Aftermarket
By Tire Structure
- Radial
- Tube
- Tubeless
- Bias
The market research report on automotive tire market offers many reasons for investing in the report.
- It elaborates all the macro economic factors influencing the market
- It involves a detailed market segmentation which explores each brick of the market
- It involves a detailed competitive analysis
- It involves a detailed SWOT analysis, Porters five forces model, regulatory scenario, analysis of supply chain
- It gives forecasts based on the past and the present scenario
- Higher Accuracy of the market data
- Unbiased view of the entire market
- New developments and trends shaping the market
- Weighted analysis to give justice to the segmentation involved