Synthetic Leather - Cost, Aesthetics, and Applications (USPs)
Real leather is sourced from animal skin while synthetic one is derived from plastic polymers. Synthetic leather looks like natural leather. It's available in wide textures, sizes, and colors. Clothing, shoes, cases, and luggage are some end uses of synthetic leather. These leathers are less expensive and easier to craft. Often synthetic leather is referred to as plastic fabric.
As it’s an artificial leather it can be produced as per the demand across various end industries. They can be made in very large sizes and even in rolls. The market is driven by the availability of petroleum-based plastic products that make making synthetic leather production cost-effective. As the global population is anticipated to rise, the demand for footwear, bags, and furniture is expected to gain traction in the coming years. As a result, we expect more synthetic leather forms and applications in the future.
Synthetic leather is also used in the interior of automobiles. Car seating made up of synthetic leather improves aesthetic appearance. Asian Pacific countries such as Japan, India, and China are expected to flourish in demand for synthetic leather in the automotive segment. North American markets are likely to contribute to the growth of this industry due to rising demand from the synthetic leather footwear segment.
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