The global Microfiber Artificial Leather market size is predicted to grow from US$ 2754 million in 2025 to US$ 3842 million in 2031; it is expected to grow at a CAGR of 5.7% from 2025 to 2031.
Microfiber Artificial Leather is an artificial leather material that mimics real leather. It is usually made from a coating of polyurethane (PU) or polyvinyl chloride (PVC) applied to microfiber fabric. Synthetic leather with microfiber nonwoven fabric as the base fabric and PU resin as the coating is called microfiber super real leather (also called microfiber synthetic leather). The process of making other synthetic leather begins with laying down strips of fabric and coating them with polyurethane resin. But for microfiber leather, it starts with a synthetic fiber mat, using a microfiber leather non-woven fabric with a three-dimensional structure as the base fabric, which is interwoven and bonded together using polyurethane. Microfiber leather is considered the best synthetic material. It is considered the best grade of artificial leather available due to its durability, cost, and manufacturing process. Microfiber leather also has advantages that real leather does not have, such as not peeling off and aging quickly.
In the global market, Microfiber Artificial Leather core manufacturers include Kuraray, TORAY, and Asahi Kasei, ect . The top four companies within this industry hold more than 50% of the market share. The U.S., Europe, Asia-Pacific, Middle East and Africa are the major production regions for this product, with Asia-Pacific alone accounting for more than 50% of the market share. The product can be classified on the basis of production process as blending spinning, composite spinning, direct spinning, and other spinning yarns. It is widely used in apparel, footwear, furniture, automotive interiors, bags, accessories, sports equipment, and others.
The 鈥淢icrofiber Artificial Leather Industry Forecast鈥� looks at past sales and reviews total world Microfiber Artificial Leather sales in 2024, providing a comprehensive analysis by region and market sector of projected Microfiber Artificial Leather sales for 2025 through 2031. With Microfiber Artificial Leather sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Microfiber Artificial Leather industry.
This Insight Report provides a comprehensive analysis of the global Microfiber Artificial Leather landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Microfiber Artificial Leather portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Microfiber Artificial Leather market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Microfiber Artificial Leather and breaks down the forecast by Process, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Microfiber Artificial Leather.
This report presents a comprehensive overview, market shares, and growth opportunities of Microfiber Artificial Leather market by product type, application, key manufacturers and key regions and countries.
Segmentation by Process:
Blending Spinning
Composite Spinning
Direct Spinning & Other Spinning
Segmentation by Application:
Apparel & Footwear
Furniture
Automotive Interior
Bags & Accessories
Sports Equipment & Others
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
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Kuraray
TORAY
Teijin
Asahi Kasei
Kolon Industries
Duksung
San Fang Chemical Industrial Co Ltd
FILWEL Co., Ltd.
SEIREN Co., LTD.
TKG ECO MATERIAL
Alcantara SpA
Wuxi Double Elephant Micro Fibre Material Co., Ltd.
ZHEJIANG HEXIN HOLDINGS LTD
HUAFENG GROUP
Shandong Tongda Island
WanHua(Changzhou) New Materials Technology Co., Ltd.
Zhejiang Meisheng New Material Co., Ltd.
Fujian Topsun Microfiber Co., Ltd.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Microfiber Artificial Leather market?
What factors are driving Microfiber Artificial Leather market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Microfiber Artificial Leather market opportunities vary by end market size?
How does Microfiber Artificial Leather break out by Process, by Application?
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1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Microfiber Artificial Leather Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Microfiber Artificial Leather by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Microfiber Artificial Leather by Country/Region, 2020, 2024 & 2031
2.2 Microfiber Artificial Leather Segment by Process
2.2.1 Blending Spinning
2.2.2 Composite Spinning
2.2.3 Direct Spinning & Other Spinning
2.3 Microfiber Artificial Leather Sales by Process
2.3.1 Global Microfiber Artificial Leather Sales Market Share by Process (2020-2025)
2.3.2 Global Microfiber Artificial Leather Revenue and Market Share by Process (2020-2025)
2.3.3 Global Microfiber Artificial Leather Sale Price by Process (2020-2025)
2.4 Microfiber Artificial Leather Segment by Application
2.4.1 Apparel & Footwear
2.4.2 Furniture
2.4.3 Automotive Interior
2.4.4 Bags & Accessories
2.4.5 Sports Equipment & Others
2.5 Microfiber Artificial Leather Sales by Application
2.5.1 Global Microfiber Artificial Leather Sale Market Share by Application (2020-2025)
2.5.2 Global Microfiber Artificial Leather Revenue and Market Share by Application (2020-2025)
2.5.3 Global Microfiber Artificial Leather Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Microfiber Artificial Leather Breakdown Data by Company
3.1.1 Global Microfiber Artificial Leather Annual Sales by Company (2020-2025)
3.1.2 Global Microfiber Artificial Leather Sales Market Share by Company (2020-2025)
3.2 Global Microfiber Artificial Leather Annual Revenue by Company (2020-2025)
3.2.1 Global Microfiber Artificial Leather Revenue by Company (2020-2025)
3.2.2 Global Microfiber Artificial Leather Revenue Market Share by Company (2020-2025)
3.3 Global Microfiber Artificial Leather Sale Price by Company
3.4 Key Manufacturers Microfiber Artificial Leather Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Microfiber Artificial Leather Product Location Distribution
3.4.2 Players Microfiber Artificial Leather Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Microfiber Artificial Leather by Geographic Region
4.1 World Historic Microfiber Artificial Leather Market Size by Geographic Region (2020-2025)
4.1.1 Global Microfiber Artificial Leather Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Microfiber Artificial Leather Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Microfiber Artificial Leather Market Size by Country/Region (2020-2025)
4.2.1 Global Microfiber Artificial Leather Annual Sales by Country/Region (2020-2025)
4.2.2 Global Microfiber Artificial Leather Annual Revenue by Country/Region (2020-2025)
4.3 Americas Microfiber Artificial Leather Sales Growth
4.4 APAC Microfiber Artificial Leather Sales Growth
4.5 Europe Microfiber Artificial Leather Sales Growth
4.6 Middle East & Africa Microfiber Artificial Leather Sales Growth
5 Americas
5.1 Americas Microfiber Artificial Leather Sales by Country
5.1.1 Americas Microfiber Artificial Leather Sales by Country (2020-2025)
5.1.2 Americas Microfiber Artificial Leather Revenue by Country (2020-2025)
5.2 Americas Microfiber Artificial Leather Sales by Process (2020-2025)
5.3 Americas Microfiber Artificial Leather Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Microfiber Artificial Leather Sales by Region
6.1.1 APAC Microfiber Artificial Leather Sales by Region (2020-2025)
6.1.2 APAC Microfiber Artificial Leather Revenue by Region (2020-2025)
6.2 APAC Microfiber Artificial Leather Sales by Process (2020-2025)
6.3 APAC Microfiber Artificial Leather Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Microfiber Artificial Leather by Country
7.1.1 Europe Microfiber Artificial Leather Sales by Country (2020-2025)
7.1.2 Europe Microfiber Artificial Leather Revenue by Country (2020-2025)
7.2 Europe Microfiber Artificial Leather Sales by Process (2020-2025)
7.3 Europe Microfiber Artificial Leather Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Microfiber Artificial Leather by Country
8.1.1 Middle East & Africa Microfiber Artificial Leather Sales by Country (2020-2025)
8.1.2 Middle East & Africa Microfiber Artificial Leather Revenue by Country (2020-2025)
8.2 Middle East & Africa Microfiber Artificial Leather Sales by Process (2020-2025)
8.3 Middle East & Africa Microfiber Artificial Leather Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Microfiber Artificial Leather
10.3 Manufacturing Process Analysis of Microfiber Artificial Leather
10.4 Industry Chain Structure of Microfiber Artificial Leather
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Microfiber Artificial Leather Distributors
11.3 Microfiber Artificial Leather Customer
12 World Forecast Review for Microfiber Artificial Leather by Geographic Region
12.1 Global Microfiber Artificial Leather Market Size Forecast by Region
12.1.1 Global Microfiber Artificial Leather Forecast by Region (2026-2031)
12.1.2 Global Microfiber Artificial Leather Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Microfiber Artificial Leather Forecast by Process (2026-2031)
12.7 Global Microfiber Artificial Leather Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Kuraray
13.1.1 Kuraray Company Information
13.1.2 Kuraray Microfiber Artificial Leather Product Portfolios and Specifications
13.1.3 Kuraray Microfiber Artificial Leather Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Kuraray Main Business Overview
13.1.5 Kuraray Latest Developments
13.2 TORAY
13.2.1 TORAY Company Information
13.2.2 TORAY Microfiber Artificial Leather Product Portfolios and Specifications
13.2.3 TORAY Microfiber Artificial Leather Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 TORAY Main Business Overview
13.2.5 TORAY Latest Developments
13.3 Teijin
13.3.1 Teijin Company Information
13.3.2 Teijin Microfiber Artificial Leather Product Portfolios and Specifications
13.3.3 Teijin Microfiber Artificial Leather Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Teijin Main Business Overview
13.3.5 Teijin Latest Developments
13.4 Asahi Kasei
13.4.1 Asahi Kasei Company Information
13.4.2 Asahi Kasei Microfiber Artificial Leather Product Portfolios and Specifications
13.4.3 Asahi Kasei Microfiber Artificial Leather Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Asahi Kasei Main Business Overview
13.4.5 Asahi Kasei Latest Developments
13.5 Kolon Industries
13.5.1 Kolon Industries Company Information
13.5.2 Kolon Industries Microfiber Artificial Leather Product Portfolios and Specifications
13.5.3 Kolon Industries Microfiber Artificial Leather Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Kolon Industries Main Business Overview
13.5.5 Kolon Industries Latest Developments
13.6 Duksung
13.6.1 Duksung Company Information
13.6.2 Duksung Microfiber Artificial Leather Product Portfolios and Specifications
13.6.3 Duksung Microfiber Artificial Leather Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Duksung Main Business Overview
13.6.5 Duksung Latest Developments
13.7 San Fang Chemical Industrial Co Ltd
13.7.1 San Fang Chemical Industrial Co Ltd Company Information
13.7.2 San Fang Chemical Industrial Co Ltd Microfiber Artificial Leather Product Portfolios and Specifications
13.7.3 San Fang Chemical Industrial Co Ltd Microfiber Artificial Leather Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 San Fang Chemical Industrial Co Ltd Main Business Overview
13.7.5 San Fang Chemical Industrial Co Ltd Latest Developments
13.8 FILWEL Co., Ltd.
13.8.1 FILWEL Co., Ltd. Company Information
13.8.2 FILWEL Co., Ltd. Microfiber Artificial Leather Product Portfolios and Specifications
13.8.3 FILWEL Co., Ltd. Microfiber Artificial Leather Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 FILWEL Co., Ltd. Main Business Overview
13.8.5 FILWEL Co., Ltd. Latest Developments
13.9 SEIREN Co., LTD.
13.9.1 SEIREN Co., LTD. Company Information
13.9.2 SEIREN Co., LTD. Microfiber Artificial Leather Product Portfolios and Specifications
13.9.3 SEIREN Co., LTD. Microfiber Artificial Leather Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 SEIREN Co., LTD. Main Business Overview
13.9.5 SEIREN Co., LTD. Latest Developments
13.10 TKG ECO MATERIAL
13.10.1 TKG ECO MATERIAL Company Information
13.10.2 TKG ECO MATERIAL Microfiber Artificial Leather Product Portfolios and Specifications
13.10.3 TKG ECO MATERIAL Microfiber Artificial Leather Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 TKG ECO MATERIAL Main Business Overview
13.10.5 TKG ECO MATERIAL Latest Developments
13.11 Alcantara SpA
13.11.1 Alcantara SpA Company Information
13.11.2 Alcantara SpA Microfiber Artificial Leather Product Portfolios and Specifications
13.11.3 Alcantara SpA Microfiber Artificial Leather Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Alcantara SpA Main Business Overview
13.11.5 Alcantara SpA Latest Developments
13.12 Wuxi Double Elephant Micro Fibre Material Co., Ltd.
13.12.1 Wuxi Double Elephant Micro Fibre Material Co., Ltd. Company Information
13.12.2 Wuxi Double Elephant Micro Fibre Material Co., Ltd. Microfiber Artificial Leather Product Portfolios and Specifications
13.12.3 Wuxi Double Elephant Micro Fibre Material Co., Ltd. Microfiber Artificial Leather Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Wuxi Double Elephant Micro Fibre Material Co., Ltd. Main Business Overview
13.12.5 Wuxi Double Elephant Micro Fibre Material Co., Ltd. Latest Developments
13.13 ZHEJIANG HEXIN HOLDINGS LTD
13.13.1 ZHEJIANG HEXIN HOLDINGS LTD Company Information
13.13.2 ZHEJIANG HEXIN HOLDINGS LTD Microfiber Artificial Leather Product Portfolios and Specifications
13.13.3 ZHEJIANG HEXIN HOLDINGS LTD Microfiber Artificial Leather Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 ZHEJIANG HEXIN HOLDINGS LTD Main Business Overview
13.13.5 ZHEJIANG HEXIN HOLDINGS LTD Latest Developments
13.14 HUAFENG GROUP
13.14.1 HUAFENG GROUP Company Information
13.14.2 HUAFENG GROUP Microfiber Artificial Leather Product Portfolios and Specifications
13.14.3 HUAFENG GROUP Microfiber Artificial Leather Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 HUAFENG GROUP Main Business Overview
13.14.5 HUAFENG GROUP Latest Developments
13.15 Shandong Tongda Island
13.15.1 Shandong Tongda Island Company Information
13.15.2 Shandong Tongda Island Microfiber Artificial Leather Product Portfolios and Specifications
13.15.3 Shandong Tongda Island Microfiber Artificial Leather Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Shandong Tongda Island Main Business Overview
13.15.5 Shandong Tongda Island Latest Developments
13.16 WanHua(Changzhou) New Materials Technology Co., Ltd.
13.16.1 WanHua(Changzhou) New Materials Technology Co., Ltd. Company Information
13.16.2 WanHua(Changzhou) New Materials Technology Co., Ltd. Microfiber Artificial Leather Product Portfolios and Specifications
13.16.3 WanHua(Changzhou) New Materials Technology Co., Ltd. Microfiber Artificial Leather Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 WanHua(Changzhou) New Materials Technology Co., Ltd. Main Business Overview
13.16.5 WanHua(Changzhou) New Materials Technology Co., Ltd. Latest Developments
13.17 Zhejiang Meisheng New Material Co., Ltd.
13.17.1 Zhejiang Meisheng New Material Co., Ltd. Company Information
13.17.2 Zhejiang Meisheng New Material Co., Ltd. Microfiber Artificial Leather Product Portfolios and Specifications
13.17.3 Zhejiang Meisheng New Material Co., Ltd. Microfiber Artificial Leather Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Zhejiang Meisheng New Material Co., Ltd. Main Business Overview
13.17.5 Zhejiang Meisheng New Material Co., Ltd. Latest Developments
13.18 Fujian Topsun Microfiber Co., Ltd.
13.18.1 Fujian Topsun Microfiber Co., Ltd. Company Information
13.18.2 Fujian Topsun Microfiber Co., Ltd. Microfiber Artificial Leather Product Portfolios and Specifications
13.18.3 Fujian Topsun Microfiber Co., Ltd. Microfiber Artificial Leather Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Fujian Topsun Microfiber Co., Ltd. Main Business Overview
13.18.5 Fujian Topsun Microfiber Co., Ltd. Latest Developments
14 Research Findings and Conclusion
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*If Applicable.
