© 2017 Global Market Insights, Inc. USA. All Rights Reserved Microfiber Leather Market – Global Industry Forecast & Analysis over
Microfiber Leather is one of the high-quality grades synthetic leather. It is simulated in the natural leather structure by using super fine microfibers and polyurethane resins of high grade as raw materials by using 3 D nonwoven technology. As a result of superior performance, the product is an ideal alternative and optimal substitute for leather. The major raw materials used in the production of this category of leather are low density polyethylene, polyurethane pulp and nylon chips. Rising automotive and furniture industry is the key reason behind increasing microfiber leather market demand across the globe. The product is mostly used in sofas and several other furniture owing to its durable and soft texture of fabric. Microfibers are tightly woven and are designed for repelling stains and for discoloration purposes which makes it a perfect choice to be used in upholstery which can be used in household applications. Availability of substitutes such as composite decking solutions which are easy to install and durable, coupled with high maintenance requirements for wooden decks is likely to hinder the market growth rate in near future. © 2017 Global Market Insights, Inc. USA. All Rights Reserved Microfiber Leather Market Scenario:
The microfiber leather market is categorized based on type as composite spinning, co-blending spinning, direct spinning and others. Direct spinning process is a step ahead of conventional spinning in which the spinning conditions are quite optimized to make it suitable for producing ultra-fine fibers. The process includes production of polymer melt from raw materials and later it is pumped directly to the spinning mill. This process is mostly applied while producing polyester fiber and in producing filaments as well. On the basis of application, the market is segmented into furniture leather, automotive trim leather, cleaning leather, shoes leather and others. Microfiber leather is used in the production of synthetic leather shoes specially in shoe upper, leather shoe uppers, casual shoes, boots, etc. Continue :- © 2017 Global Market Insights, Inc. USA. All Rights Reserved Request for a sample of this research
© 2017 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry To Purchase This Competitive Analysis: Microfiber leather market is highly fragmented due to the presence of many small- and large-scale players in the market. Some of the product manufactures include Toray, Asahi Kasei, Seiren Group, Far Eastern Group, 3M, Huafon Group and Double Elephant. Regional Analysis: Asia pacific is likely to be the largest region for microfiber leather market growth as a result of rising product demand from various end user industries such as automotive, electronics, furniture, shoe industry, etc. The development of furniture industry in china as a result of increasing foreign direct investments in the country from Taiwan, the U.S. and other countries; low wages, easily accessible raw materials and many other incentives are attracting players in the country which is creating the growth of the market in the region.
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