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Synthetic Leather Market 2020-2024: Post-Pandemic Industry Planning Structure | Technavio


The synthetic leather market is expected to grow by USD 12.98 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the synthetic leather market in optimistic, probable, and pessimistic forecast scenarios.

Enterprises will go through Response, Recovery and Renew phases. Download a Free Sample Report on COVID-19

The synthetic leather market will witness a neutral impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase as compared to 2019.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.

This post-pandemic business planning research will aid clients to:

Download the Post-Pandemic Business Planning Structure. Click here

Key Considerations for Market Forecast:

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Major Three Synthetic Leather Market Participants:

Alfatex Italia Srl

Alfatex Italia Srl operates its business under a unified segment. The company offers different types of artificial leather for various applications such as BLUMARE for marine application and NAOS for automotive upholstery and car headliner.

Anhui Anli Material Technology Co. Ltd.

Anhui Anli Material Technology Co. Ltd. operates its business under a unified segment. The company offers functional polyurethane synthetic leather with varied applications in various industries. The company offers its products in China and exports to over 70 countries.

Asahi Kasei Corp.

Asahi Kasei Corp. operates its business under three segments, which include material, homes, and health care. The company offers synthetic leather under the brand, Lamous. It is available in three textures such as solid, melange, and stripes.

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: https://www.technvaio.com/report/synthetic-leather-market-industry-analysis

Synthetic Leather Market 2020-2024: Segmentation

Synthetic leather market is segmented as below:

The synthetic leather market is driven by high demand from developing economies. In addition, other factors such as increasing production capacity are expected to trigger the synthetic leather market toward witnessing a CAGR of about 8% during the forecast period.

Get more insights about the global trends impacting the future of synthetic leather market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR41583

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News published on 29 october 2020 at 03:15 and distributed by: