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Synthetic Leather Market Size to Hit Around US$ 40.5 Bn by 2027


size was valued at US$ 29.6 billion in 2019, according to a new study by Precedence Research.
Synthetic or artificial leather is man-made leather that provides the appearance of the real leather. The product is marketed with various names for example vegan leather, faux leather, pleather, and leatherette. Synthetic leather comprises of a cloth base that is coated with a synthetic resin in order to resemble its appearance with animal hide on the surface. The surface of the leather fabric is dyed and treated with specific additives to make it look like a real leather. It is widely in the industries that require leather-like finish for example in upholstery, footwear, automobile, and clothing, among others. Further, it comes with no seams that prevent the water from seeping inside and damaging the inner material. ....

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