MICROFIBER SYNTHETIC LEATHER MARKET ANALYSIS

Microfiber Synthetic Leather Market, By Product Type (Polyurethane (PU) Microfiber Synthetic Leather, Polyamide (PA) Microfiber Synthetic Leather, Microfiber Suede), By Application (Automotive, Fashion and Accessories, Furniture and Upholstery, Sports and Leisure, Others (such as aviation, marine, and healthcare)), And by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Recent Developments in Microfiber Synthetic Leather Market:

New product launches

In 2021, Ultrafabrics launched its Volar Bio line of microfiber synthetic leather made from plant-based materials.
In 2020, Toray Industries launched a new line of microfiber synthetic leather called Ultrasuede BX.
In 2019, Kuraray launched a new line of microfiber synthetic leather called Clarino Prime.

Acquisition and partnerships in Microfiber Synthetic Leather Market by year

In 2021, Mayur Uniquoters acquired a majority stake in Apollo Polyvinyl, a manufacturer of PVC leather.
In 2020, San Fang Chemical Industry Co. Ltd. acquired the microfiber synthetic leather business of Nan Ya Plastics Corporation.
In 2019, Sioen Industries acquired Dimension-Polyant, a manufacturer of high-performance fabrics.