Connect with us

Energy

The Worldwide Synthetic Leather Industry is Expected to Reach $78.5 Billion by 20205 at a CAGR of 4.4% from 2020

Avatar

Published

on

DUBLIN, March 19, 2021 /PRNewswire/ — The “Synthetic Leather (Artificial Leather) Market by Type (Polyurethane, Polyvinyl Chloride, Bio-based), End-Use Industry (Footwear, Furnishing, Automotive, Clothing, Bags, Purses & Wallets, Sports, Electronics) and Region – Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.

The synthetic leather market size is estimated to be USD 63.3 billion in 2020 and is projected to reach USD 78.5 billion by 2025, at a CAGR of 4.4% between 2020 and 2025.

Factors such as growing demand from footwear industry, no animal killing involved, advantages over pure leather, and increasing demand for luxury cars and electric vehicles will drive the synthetic leather market. The major restraint for the market will be harmful effects of PU and PVC on humans and substitute for synthetic leather in the automotive industry. However, focus on development of bio-based synthetic leather will act as an opportunity for the market.

PU-based leather is the largest type for synthetic leather market in 2019

PU-based leather is generally made using PU and different fabrics. It is made by coating a fabric such as polyester or cotton with a flexible polymer. It is further treated by various processes to look like animal hide-based leather. PU-based synthetic leather is made by using soft polymers, hence does not require additional plasticizers. It offers various advantages such as waterproof, lightweight, and softness. In some cases, PU-based leather may tear easily, but does not fade or crack in sunlight. It is widely preferred in the automotive and clothing industries. PU-based leather is considered more environment-friendly than vinyl-based leather, as it does not create dioxins. PU-based leather is more expensive than PVC-based leather due to its extensive manufacturing process.

Footwear is estimated to be the largest end-use industry in synthetic leather market between 2020 and 2025.

Synthetic leather is widely used in the footwear industry due to its excellent properties and high durability. It is used in shoe linings, shoe uppers, and insoles to make different types of footwear such as sports shoes, shoes & boots, and sandals & slippers. The increasing demand for footwear in developed and emerging countries is expected to drive the demand for synthetic leather. Synthetic leather is widely used to manufacture sports shoes for various games around the world due to its cost-effectiveness. Sports shoes made from synthetic leather look similar to those of pure leather and are offer various other properties such as resistance to water, heat, and rigid climatic conditions. It is used to make formal men’s and women’s footwear for official purposes, boots for women and men in the fashion industry, and for those living in the cold regions around the world. Boots made out of real leather tear when exposed to snow and water, but synthetic leather offers excellent resistance to water and snow.

APAC is expected to be the largest synthetic leather market during the forecast period, in terms of value and volume.

The APAC comprises major emerging nations such as China and India. Hence, the scope for the development of most industries is high in this region. The synthetic leather industry is growing significantly and offers opportunities for various manufacturers. The APAC region constitutes approximately 61.0% of the world’s population, and the manufacturing and processing sectors are growing rapidly in the region. The APAC is the largest synthetic leather market with China being the major market which is expected to grow significantly. The rising disposable incomes and rising standards of living in emerging economies in the APAC are the major drivers for this market.

The increasing population in the region accompanied with development of new technologies and products are projected to make this region an ideal destination for the growth of the synthetic leather industry. However, establishing new plants, implementing new technologies, and creating a value supply chain between raw material providers and manufacturing industries in the emerging regions of the APAC are expected to be a challenge for industry players as there is low urbanization and industrialization. Booming footwear and automotive sectors and advances in process manufacturing are some of the key drivers for the market in the APAC. Countries such as India, Indonesia, and China are expected to witness high growth in the synthetic leather market due to the increasing demand from the automotive industry.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities for Synthetic Leather Manufacturers
4.2 Rapid Growth in Synthetic Leather Market due to High Demand in Developing Regions
4.3 Pu-Based Synthetic Leather Dominates Synthetic Leather Market
4.4 Footwear & Furnishing Industry is the Potential Market for Synthetic Leather Manufacturers

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 Synthetic Leather Market Segmentation, by Type
5.2.2 Synthetic Leather Market Segmentation, by End-Use Industry
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Growing Demand from the Footwear Industry
5.3.1.2 No Involvement of Animal Killing, Which Makes It a Major Alternative of Pure Leather
5.3.1.3 Advantages Over Pure Leather
5.3.2 Restraints
5.3.2.1 Harmful Effects of Pu and Pvc
5.3.3 Opportunities
5.3.3.1 Focus on Development of Bio-Based Synthetic Leather
5.4 Revenue Pocket Matrix
5.4.1 Revenue Pocket Matrix for Synthetic Leather, by End-Use Industry
5.5 Supply Chain Analysis
5.6 Porter’s Five Forces Analysis
5.6.1 Bargaining Power of Suppliers
5.6.2 Bargaining Power of Buyers
5.6.3 Threat of Substitutes
5.6.4 Threat of New Entrants
5.6.5 Intensity of Competitive Rivalry
5.7 Economic Indicators
5.7.1 Industry Outlook
5.7.1.1 Automotive
5.7.1.2 Footwear

6 Synthetic Leather Market, by Type
6.1 Introduction
6.2 Pu Synthetic Leather
6.2.1 Microfiber Leather
6.3 Pvc-Based Synthetic Leather
6.4 Bio-Based Leather

7 Synthetic Leather Market, by End-Use Industry
7.1 Introduction
7.2 Footwear
7.2.1 Sports Shoes
7.2.2 Formal Shoes & Boots
7.2.3 Sandals & Slippers
7.3 Furnishing
7.3.1 Chairs
7.3.2 Sofas
7.3.3 Bean Bags & Others
7.4 Automotive
7.4.1 Seats
7.4.2 Steering Wheel Covers
7.4.3 Door Trim, Knob, & Gear Bot Covers
7.5 Clothing
7.5.1 Jackets
7.5.2 Belts
7.5.3 Tops, Pants, and Others
7.6 Bags, Purses, & Wallets
7.6.1 Bags
7.6.2 Purses
7.6.3 Wallets
7.7 Others

8 Regional Analysis
8.1 Introduction
8.2 Asia-Pacific
8.2.1 China
8.2.2 India
8.2.3 Japan
8.2.4 South Korea
8.2.5 Taiwan
8.2.6 Thailand
8.2.7 Malaysia
8.2.8 Indonesia
8.3 Europe
8.3.1 Germany
8.3.2 Italy
8.3.3 France
8.3.4 U.K.
8.3.5 Spain
8.3.6 Russia
8.3.7 Poland
8.3.8 Sweden
8.3.9 Portugal
8.4 North America
8.4.1 U.S.
8.4.2 Mexico
8.4.3 Canada
8.5 South America
8.5.1 Brazil
8.5.2 Argentina
8.6 Middle East & Africa
8.6.1 The Middle East
8.6.2 Africa

9 Competitive Landscape
9.1 Competitive Benchmarking

10 Company Profiles
10.1 Kuraray Co., Ltd.
10.2 San Fang Chemical Industry Co., Ltd.
10.3 Teijin Limited
10.4 Mayur Uniquoters Limited
10.5 Nan Ya Plastics Industrial Co., Ltd.
10.6 Filwel Co. Ltd
10.7 Zhejiang Hexin Industry Group Co., Ltd.
10.8 Alfatex
10.9 H.R. Polycoats Pvt. Ltd.
10.10 Yantai Wanhua Synthetic Leather Group Co., Ltd.
10.11 Additional Companies (Marvel Vinyls, Kolon Industries Inc., Toray Industries Inc., Anhui Material Technology Co., Ltd. Amway, Shandong Jinfeng Artificial Leather Co., Ltd., Limited, Arora Vinyl Pvt. Ltd., Zhejiang Yongfa Synthetic Leather Co., Ltd, and Others)

11 Appendix
11.1 Discussion Guide
11.2 Knowledge Store: The Subscription Portal
11.3 Introducing Rt: Real Time Market Intelligence
11.4 Available Customizations

For more information about this report visit https://www.researchandmarkets.com/r/ss5x0y

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets

Related Links

http://www.researchandmarkets.com

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.prnewswire.com:443/news-releases/the-worldwide-synthetic-leather-industry-is-expected-to-reach-78-5-billion-by-20205-at-a-cagr-of-4-4-from-2020–301251024.html

Energy

Energy Harvesting with Bluetooth 5.0

Avatar

Published

on

Energy Harvesting
Illustration: © IoT For All

Energy harvesting technology is likely to be a game-changer for countless industries, offering the potential to bring battery life forever to connected devices. So what is energy harvesting technology – let’s dive in and learn more.

Several popular energy harvesting methods, including photovoltaic/solar, radio frequency (RF), mechanical (motion), thermal, and a low power radio implementation that supports the latest Bluetooth 5.0 standard. Energy harvesting enables certain applications to operate without a battery or with a “forever battery” that automatically recharges for the life of an Internet of Things (IoT) device. In some instances, batteries aren’t needed at all. Just imagine how many batteries would be saved from going into landfills! Not to mention the costs of purchasing and replacing batteries.

This article will look at five top industries – consumer electronics, smart cities, transportation, manufacturing, and fulfillment and entertainment –  where energy harvesting technology promises to make a big impact over the next decade.

Consumer Electronics

Consider all of the different connected devices you have in your home. Many of these devices need to be changed often, while others use batteries that need to be changed anywhere from every few months to every few years. Now think about how nice it would be if your smartwatches, wearables, remotes, keyboards, and other connected devices would run for the entire lifetime of the device – no more remotes dying right when you’re watching the big game.

Smart Cities

During the past few years, there has been a lot of hype and excitement around smart city solutions like sensors that can monitor temperature, humidity, air quality, the presence of gas, etc. These metrics help companies run their facilities more efficiently and safely and allow cities to make more informed decisions about mitigating quality of life issues. Today most of these sensors run on batteries, so it’s no surprise that Bluetooth 5 sensors with energy harvesting technology will become increasingly popular. Plus, the cost savings will allow cities to allocate funds to the things that need it most, like education and healthcare.

Transportation

Car accessories and infotainment devices are also prime targets for energy harvesting technology. Key fobs, for example, need their batteries changed every few years. While changing one every few years might not sound so bad, the consequences of your key fob dying and leaving you stranded makes energy harvesting technology sound a lot more appealing. Plus, with over a billion cars on the road globally, reducing battery usage in these devices – with energy harvesting, Bluetooth 5 and other cutting-edge technologies – will make a huge difference.

Manufacturing and Fulfillment

Many manufacturing and fulfillment centers use asset trackers such as small beacons to help keep track of equipment and shipping goods. These asset trackers help streamline operations and ensure items don’t get lost, meaning that it’s essential that they work at all times. Using Bluetooth 5 asset trackers with energy harvesting technology is saving companies time and money by not having to replace batteries regularly, decreasing overall cost of ownership of these systems. In the future we’ll also see more facilities using robotics that have integrated energy harvesting capabilities.

Entertainment

Theme parks offer fun for the whole family, but it can often be stressful navigating these big, crowded attractions. Using your smartphone’s GPS might be helpful on the road, but it’s often little help at amusement parks. This is doubly true for trying to navigate any places that are indoors. In the future, we’ll see more theme parks adopt Bluetooth 5 locations beacons to help solve this problem. These beacons can send signals to your smartphone. When used with a theme park’s dedicated app, you can get more precise location information so you can focus on having fun. With some theme parks being as large as cities, many batteries are saved from going into landfills, and big cost savings that theme parks can reinvest into exciting new attractions.

These above examples are just five of the many (and ever increasing) adoption of Bluetooth 5 energy harvesting solutions and how they are benefiting the environment while also saving companies time and money. The market will continue to witness the power of energy harvesting now and into the future.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.iotforall.com/energy-harvesting-with-bluetooth-5-0

Continue Reading

Energy

KEHUA занимает 8-е место на мировом рынке систем преобразования мощности

Avatar

Published

on

Компания KEHUA предлагает комплексное решение для систем накопления и хранения энергии, охватывающее элементы генерации, передачи и распределения, а также внешние генерирующие объекты. Располагая богатым и всеохватывающим ассортиментом продукции для накопления и хранения энергии, компания KEHUA может предоставлять клиентам высококачественные решения в соответствии с местными условиями. Благодаря безопасности, надежности, энергосбережению и универсальности продукции KEHUA компания завоевала доверие во многих странах, включая наш недавний проект создания энергохранилища в Малайзии, осуществляемый в настоящее время в штате Джохор. Для этого объекта компания KEHUA установила внешние инверторы аккумуляторных батарей. За счет всестороннего использования выгод, обусловленных преференциальной политикой Малайзии в отношении фотоэлектрических систем (NEM), данная схема сокращает потребление электроэнергии на предприятии. Кроме того, срок окупаемости капиталовложений составляет всего около трех лет. Это решение, ориентированное на экологически чистую энергетику и экологически чистое производство, может эффективно способствовать сокращению углеродных выбросов.

Информация о компании KEHUA

Компания KEHUA, основанная в 1988 году и ставшая публичным акционерным обществом в 2010 году, является одним из ведущих экспертов мира в сфере преобразования энергии, ориентируясь на разработку передовых решений в таких областях, как энергоснабжение критически важных потребителей, возобновляемая энергетика и облачная инфраструктура. Сфера ее деятельности охватывает ИБП, преобразователи солнечной энергии, системы накопления и хранения энергии, а также строительство, эксплуатацию и техническое обслуживание инфраструктурных дата-центров.

Для получения более подробной информации посетите веб-сайт компании по адресу:
www.kehua.com 
Эл. почта: [email protected]
Контактное лицо: Jon Zhang (Джон Чжэн)
Тел.: +86 (0592) 516 5883

Фото — https://mma.prnewswire.com/media/1491630/image1.jpg 
Логотип — https://mma.prnewswire.com/media/1479431/Kehua_Logo.jpg

SOURCE Kehua Data Co., Ltd.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.prnewswire.com:443/news-releases/kehua-zanimaet-8-e-mesto-na-mirovom-rynke-sistem-preobrazovaniia-moshchnosti-815724122.html

Continue Reading

Energy

Ozop Energy (OZSC) Announces the Supplying of Equipment for First Near Net Zero Microgrid

Avatar

Published

on

The funding for the $3.7 million near Net Zero Microgrid project was provided by Counterpointe Sustainable Real Estate, an affiliated company of Hannon Armstrong (NYSE: HASI), and a leader in Commercial Property Assessed Clean Energy (C-PACE) financing. The C-PACE loan term from Counterpointe Sustainable Real Estate is for twenty years and the first payment will be made via the special property tax assessment in September 2021. The project is also a beneficiary from a Maryland Energy Administration grant as well as federal Investment Tax Credits.

OES will be providing approximately $600,000 of energy generation, storage and switchgear for this near Net Zero Microgrid project, which is to be the first of several near Net Zero Microgrid projects it will be supplying equipment to in the near future. Grid Energy and Masterplanning, LLC (“GEMM”), with whom OES has a strategic alliance, is the Construction Manager on the 7250 Parkway near Net Zero Microgrid project. With nearly 30 salespeople throughout the United States, GEMM anticipates construction managing more than $10 million of similar microgrid projects in 2021, and it will be using OES as its Equipment Purchasing Agent for this work.

Office space is a prime candidate for efficiency improvements and C-PACE. Offices require large amounts of electricity and water for lighting, climate control, and powering appliances necessary for business operations. According to the U.S. Energy Information Administration (EIA), office space was the second highest commercial user of electricity of which lighting was the largest single contribution. The potential for energy savings is clear and C-PACE helps to realize energy efficiency retrofits through providing funding for capital intensive projects immediately and with a deferred payback period that can mirror the estimated useful life of the installed improvements. The 7250 Parkway near Net Zero Microgrid project is a prime example of how C-PACE funding can be used for both cost savings, resiliency and significant carbon reduction.

“This is an exciting step in Ozop’s core strategy to be a leading equipment supplier to the distributed generation space. The 7250 Parkway near Net Zero Microgrid project uses state-of-the-art equipment and controls and as such is one of the ‘bleeding edge’ solutions that is providing sustainability to the built environment”, said Brian Conway CEO of Ozop Energy Systems. “We are proud to be part of a microgrid team that includes such leading companies as CounterpointeSRE/Hannon Armstrong, Eos Energy Storage and ChargePoint. Ozop looks forward to continued growth in its Equipment Distribution business and in particular rapidly expanding its product offerings to the dynamic microgrid sector.”

For more information on OZSC please follow on the link, www.OzopEnergy.com.

Please be aware that our social media accounts can be used from time to time for additional material events.

https://twitter.com/OzopEnergy
https://www.facebook.com/OzopEnergy/
The Waypoint Refinery (discord.com)

About Ozop Energy Solutions.
Ozop Energy Solutions (http://ozopenergy.com/) invents, designs, develops, manufactures, and distributes ultra-high-power chargers, inverters, and power supplies for a wide variety of applications in the defense, heavy industrial, aircraft ground support, maritime and other sectors. Our strategy focuses on capturing a significant share of the rapidly growing renewable energy market as a provider of assets and infrastructure needed to store energy.

About Power Conversion Technologies, Inc.
Power Conversion Technologies, Inc. (www.pcti.com) invents, designs, develops, manufactures, and distributes standard and custom power electronic solutions. Founded in 1991 and located in East Butler, Pennsylvania, the Company’s mission is to be the global leader for high power electronics with a standard of continued innovation.

About Ozop Energy Systems, Inc.
Ozop Energy Systems is a leading Manufacturer and distributor of Renewable Energy products in the Energy Storage, Solar, Microgrids, and EV charging Station space. We are always among the first to receive the newest technology, products, and application techniques. We offer a broad portfolio of Renewable Energy products at competitive prices with a commitment to customer satisfaction from selection, to ordering, shipping, and delivery.

Safe Harbor Statement
“This press release contains or may contain, among other things, certain forward-looking statements. Such forward-looking statements involve significant risks and uncertainties. Such statements may include, without limitation, statements with respect to the company’s plans, objectives, projections, expectations and intentions and other statements identified by words such as “projects,” “may,” “will,” “could,” “would,” “should,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “potential” or similar expressions. These statements are based upon the current beliefs and expectations of the company’s management and are subject to significant risks and uncertainties, including those detailed in the company’s filings with the Securities and Exchange Commission. Actual results may differ significantly from those set forth in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond the company’s control). The company undertakes no obligation to publicly update any forward-looking statements, whether because of new information, future events or otherwise, except as required by applicable law.”

CONTACT:  Brian Hyland, (212) 805-3055, [email protected]

SOURCE Ozop Energy Solutions, Inc.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.prnewswire.com:443/news-releases/ozop-energy-ozsc-announces-the-supplying-of-equipment-for-first-near-net-zero-microgrid-301274965.html

Continue Reading

Energy

KEHUA auf Platz 8 im weltweiten PCS-Marktanteil

Avatar

Published

on

KEHUA verfügt über eine umfassende Energiespeicherlösung, die sowohl die Erzeugungsseite als auch die Übertragungs- und Verteilungsseite sowie den Bereich hinter dem Zähler abdeckt. Mit einer reichhaltigen und vollständigen Produktpalette an führenden Energiespeichern kann KEHUA seinen Kunden qualitativ hochwertige Produktlösungen entsprechend den lokalen Bedingungen anbieten. Aufgrund der Sicherheit, Zuverlässigkeit, Energieeinsparung und Flexibilität der KEHUA-Produkte hat KEHUA das Vertrauen vieler Länder gewonnen, wie z. B. mit unserem jüngsten Energiespeicherprojekt in Malaysia, das im Bundesstaat Johor läuft. KEHUA installierte für dieses Projekt Hinter-dem-Zähler-Energiespeicher-Wechselrichter. Bei voller Ausnutzung der malaysischen NEM-Vorzugspolitik für Photovoltaik reduziert dieses Schema den Stromverbrauch der Anlage. Außerdem kann sich die Investition in nur etwa drei Jahren amortisieren. Es ist eine Lösung, die sich auf grüne Energie + grüne Fabrik konzentriert, und sie kann die Kohlenstoffemissionen effektiv reduzieren.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.prnewswire.com:443/news-releases/kehua-auf-platz-8-im-weltweiten-pcs-marktanteil-836755798.html

Continue Reading
Esports5 days ago

Dota 2 patch 7.29b brings nerfs to Phantom Lancer and Lifestealer amongst other hero balance changes

Esports5 days ago

Apex Legends Season 9 will add new hero, fix Banglore bugs

Esports4 days ago

Code S: Trap & Zest advance to RO8, playoff bracket set

Esports5 days ago

New CSGO Update Makes Items Purchased From Store Non Tradable for a Week

Blockchain3 days ago

Mining Bitcoin: How to Mine Bitcoin

Esports5 days ago

Radiant Valorant streamer Solista banned for cheating on live stream

Esports5 days ago

How to Calculate Steam Market Tax on CSGO Items

Fintech4 days ago

Fintech offers brokers better commissions after BID

Blockchain4 days ago

Stanislovas Tomas im Interview: „NFTs können unsere Gesellschaft verändern“

Esports4 days ago

OWL 2021 Power Rankings – #9 Guangzhou Charge

Esports4 days ago

xQc Banned From NoPixel GTA RP Server Once Again

Esports5 days ago

OWL 2021 Power Rankings – #10 Washington Justice

PR Newswire3 days ago

Hello Pal Signs Definitive Purchase Agreement to Acquire Interest in Dogecoin/Litecoin Mining Assets

Esports4 days ago

CDL Challengers Elite Stage 3 Preview

Coinbase hourly chart
Blockchain3 days ago

Coinbase Addresses Future Revenue Concerns With Plans to Become Crypto’s Amazon

Esports5 days ago

Zayt Retires From Competitive Fortnite For The Second Time

Esports4 days ago

Twitch streamer Lando Norris takes Italian F1 Grand Prix podium

Esports5 days ago

Dota 2: DPC Weekly Recap — SEA Apr 12-17, 2021

Esports4 days ago

Cloud9 Perkz says Kassadin can’t ever be balanced in LoL

Esports4 days ago

Three takeaways from the SWT Japan Ultimate Online Qualifier

Trending