Lewes, DE -- (SBWire) -- 01/19/2019 --Global Automotive PVC Artificial Leather market will register a 2.2% CAGR in terms of revenue, reach US$ 1280 million by 2023, from US$ 1120 million in 2017
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).
The global consumption of Automotive PVC Artificial Leather is about 407 million square meters in 2017; China is the largest consumption region in 2017, the consumption share is about 29% in 2017; Europe is also the second largest consumption region in 2017, the consumption volume is about 93 million square meters, the market share is about 23%.
The average price of Automotive PVC Artificial Leather is about 2.75 USD per square meter in 2017, the average gross margin is about 9.5%, the price shows increasing trend and the gross margin has the similar trend.
In the future, with the development of technology and improvement of economic level, and the ownership of vehicles, the Automotive Interior Leather will have great increase range; the developing countries will be high growth rate market.
Over the next five years, study projects that Automotive PVC Artificial Leather will register a 2.2% CAGR in terms of revenue, reach US$ 1280 million by 2023, from US$ 1120 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive PVC Artificial Leather market by product type, application, key manufacturers and key regions.
To calculate the market size, study considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Seats
Door Panel
Instrument Panel
Consoles
Other
Segmentation by application:
Passenger Vehicle
Commercial Vehicle
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
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Automotive PVC Artificial Leather consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Automotive PVC Artificial Leather market by identifying its various subsegments.
Focuses on the key global Automotive PVC Artificial Leather manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive PVC Artificial Leather with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive PVC Artificial Leather submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Spanning over 162 pages "Forecast of Global Automotive PVC Artificial Leather Consumption Market 2023" report covers Scope of the Report, Executive Summary, Global Automotive PVC Artificial Leather by Players, Automotive PVC Artificial Leather by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Automotive PVC Artificial Leather Market Forecast, Key Players Analysis, Research Findings and Conclusion.
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