×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

* Please use a valid business email

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

US Artificial Leather Market

ID: MRFR/CnM/18637-HCR
111 Pages
Chitranshi Jaiswal
October 2025

U.S. Artificial Leather Market Research Report: By Type (PU, PVC, Bio-based) and By Application (Furnishing, Automotive, Footwear, Accessories, Clothing, Electronics, Others) - Forecast to 2035.

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

US Artificial Leather Market  Infographic
Purchase Options

US Artificial Leather Market Summary

As per Market Research Future analysis, the US artificial leather market Size was estimated at 5.5 USD Billion in 2024. The US artificial leather market is projected to grow from 5.87 USD Billion in 2025 to 11.2 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 6.6% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The US artificial leather market is experiencing a robust shift towards sustainability and innovation.

  • Sustainability initiatives are increasingly shaping consumer preferences in the artificial leather market.
  • Technological advancements are driving efficiency and quality improvements in production processes.
  • The automotive sector remains the largest segment, while the fashion and apparel industry is the fastest-growing segment.
  • Rising demand for eco-friendly products and increasing regulatory support for sustainable practices are key market drivers.

Market Size & Forecast

2024 Market Size 5.5 (USD Billion)
2035 Market Size 11.2 (USD Billion)
CAGR (2025 - 2035) 6.68%

Major Players

BASF SE (DE), DuPont de Nemours Inc (US), Toray Industries Inc (JP), Teijin Limited (JP), Faux Leather Co (CN), Mitsubishi Chemical Corporation (JP), Hengli Group (CN), Sappi Limited (ZA), Wanhua Chemical Group Co Ltd (CN)

Our Impact
Enabled $4.3B Revenue Impact for Fortune 500 and Leading Multinationals
Partnering with 2000+ Global Organizations Each Year
30K+ Citations by Top-Tier Firms in the Industry

US Artificial Leather Market Trends

The artificial leather market is currently experiencing a notable transformation, driven by evolving consumer preferences and increasing environmental awareness. As sustainability becomes a focal point for many industries, the demand for eco-friendly alternatives to traditional leather is on the rise. This shift is prompting manufacturers to innovate and develop synthetic materials that not only mimic the aesthetic qualities of genuine leather but also offer enhanced durability and functionality. The integration of advanced technologies in production processes is likely to further enhance the appeal of artificial leather, making it a viable option for various applications, including fashion, automotive, and furniture sectors. Moreover, the regulatory landscape is evolving, with governments emphasizing sustainable practices and encouraging the use of recyclable materials. This regulatory push may lead to increased investments in research and development, fostering the creation of high-quality artificial leather products. As consumers become more discerning, the market appears poised for growth, with brands increasingly adopting artificial leather to meet the demands of environmentally conscious shoppers. The future of this market seems promising, as it aligns with broader trends towards sustainability and innovation in material science.

Sustainability Initiatives

The artificial leather market is witnessing a surge in sustainability initiatives, as manufacturers focus on creating eco-friendly alternatives. This trend is driven by consumer demand for products that minimize environmental impact, leading to innovations in biodegradable and recyclable materials.

Technological Advancements

Technological advancements are playing a crucial role in the evolution of the artificial leather market. Innovations in production techniques are enhancing the quality and performance of synthetic materials, making them more appealing for various applications, from fashion to automotive.

Regulatory Support

Regulatory support is increasingly shaping the artificial leather market, with governments promoting sustainable practices. This support may encourage manufacturers to invest in research and development, leading to the creation of high-quality, environmentally friendly products.

Market Segment Insights

By Type: PU (Largest) vs. Bio-based (Fastest-Growing)

In the US artificial leather market, polymer-based materials dominate the landscape, with polyurethane (PU) leading the charge due to its versatility and superior quality. PVC, while still significant, is gradually taking a backseat as it is often viewed as less environmentally friendly. Bio-based options, although currently a smaller portion of the market, are gaining traction among eco-conscious consumers and brands, reflecting a shift towards sustainability in material choices. The growth trends within the segment are influenced by increasing consumer awareness about sustainable practices and the demand for eco-friendly products. PU remains the preferred choice for high-end applications, while bio-based artificial leather is projected to grow at a faster rate as innovation in materials technology and production methods enhance its appeal. The push towards greener alternatives also drives investments in bio-based solutions, making it an emerging player worth watching.

PU (Dominant) vs. PVC (Emerging)

In the realm of the US artificial leather market, PU stands out as the dominant segment due to its excellent durability, aesthetic appeal, and comfort compared to traditional leather. Its adaptability allows usage across multiple industries, including fashion, automotive, and upholstery. Conversely, PVC, while historically significant, is regarded as an emerging segment with potential for revival as manufacturers innovate in reducing environmental impact. PVC's production is being adapted to meet stricter regulatory standards, enticing brands to incorporate this material in more applications. However, the overall perception of PVC as less sustainable compared to PU and bio-based alternatives poses challenges to its growth. Thus, while PU maintains a stronghold, PVC seeks to redefine its place in this evolving market.

By Application: Furnishing (Largest) vs. Footwear (Fastest-Growing)

The US artificial leather market is characterized by a diverse range of application segments. Among these, Furnishing holds the largest market share, driven by a constant demand for stylish and durable interior products. Footwear, while less dominant, is experiencing remarkable growth thanks to increasing consumer preferences for vegan and sustainable options, which is reshaping the industry landscape. The growth trends for these application segments are indicative of broader shifts in consumer behavior. The Furnishing segment benefits from advancements in design and manufacturing processes, making artificial leather products more appealing. Meanwhile, the Footwear segment is propelled by a movement towards sustainability and ethical consumerism, significantly increasing its appeal, especially among younger consumers who prioritize eco-friendly choices.

Furnishing (Dominant) vs. Accessories (Emerging)

In the US artificial leather market, the Furnishing segment is recognized as the dominant player, offering a wide range of products from upholstery to home decor items. This segment capitalizes on the intersection of aesthetics and practicality, which caters to consumer desires for stylish yet durable furnishings. On the other hand, the Accessories segment is emerging rapidly, fueled by trends in personalization and fashion. Accessories made from artificial leather, such as bags, belts, and wallets, are gaining traction, particularly among fashion-forward individuals looking for stylish yet affordable options that align with their lifestyle choices.

Get more detailed insights about US Artificial Leather Market

Key Players and Competitive Insights

The artificial leather market exhibits a dynamic competitive landscape characterized by innovation and strategic partnerships. Key players such as BASF SE (Germany), DuPont de Nemours Inc (US), and Toray Industries Inc (Japan) are at the forefront, leveraging their technological expertise to enhance product offerings. BASF SE (Germany) focuses on sustainable solutions, aligning with the growing consumer demand for eco-friendly materials. Meanwhile, DuPont de Nemours Inc (US) emphasizes digital transformation and advanced manufacturing processes to improve efficiency and product quality. Toray Industries Inc (Japan) is actively pursuing regional expansion, particularly in North America, to capitalize on the increasing demand for synthetic leather in various applications, including automotive and fashion. Collectively, these strategies contribute to a competitive environment that prioritizes innovation and sustainability.
In terms of business tactics, companies are increasingly localizing manufacturing to reduce lead times and enhance supply chain resilience. The market structure appears moderately fragmented, with several players vying for market share while also collaborating through strategic alliances. This collective influence of key players fosters a competitive atmosphere that encourages continuous improvement and adaptation to market demands.
In September 2025, BASF SE (Germany) announced a partnership with a leading automotive manufacturer to develop a new line of bio-based artificial leather. This collaboration is significant as it underscores BASF's commitment to sustainability and positions the company as a leader in eco-friendly materials. The partnership is expected to enhance BASF's market presence while meeting the growing consumer preference for sustainable products.
In October 2025, DuPont de Nemours Inc (US) launched an innovative digital platform aimed at optimizing the supply chain for artificial leather production. This initiative is crucial as it enhances operational efficiency and reduces costs, allowing DuPont to respond more swiftly to market changes. The platform's integration of AI technology may also provide valuable insights into consumer trends, further solidifying DuPont's competitive edge.
In August 2025, Toray Industries Inc (Japan) expanded its production capacity in North America by investing in a new manufacturing facility. This strategic move is likely to bolster Toray's ability to meet the rising demand for artificial leather in the region, particularly in the automotive sector. The expansion not only enhances production capabilities but also positions Toray to better serve its North American clients, thereby strengthening its market position.
As of November 2025, current competitive trends in the artificial leather market are heavily influenced by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are increasingly shaping the landscape, enabling companies to pool resources and expertise to drive innovation. Looking ahead, competitive differentiation is expected to evolve, with a notable shift from price-based competition to a focus on technological advancements, sustainability, and supply chain reliability. This transition may redefine market dynamics, compelling companies to innovate continuously to maintain their competitive advantage.

Key Companies in the US Artificial Leather Market include

Industry Developments

Recent developments in the US Artificial Leather Market have showcased significant growth, primarily driven by increasing demand for sustainable and eco-friendly materials. Companies like SABIC and DuPont are focusing on innovations that enhance the recyclability and durability of synthetic leathers, aligning with consumer preferences for responsible sourcing. In terms of mergers and acquisitions, Lear Corporation, a key player in the automotive sector, has undertaken strategic acquisitions to bolster its automotive seating solutions, enhancing its market position as of August 2023.

Meanwhile, Covestro has been expanding its production capacities through partnerships aimed at improving polymer development for artificial leather, reflecting a larger trend toward resource optimization in the sector. Additionally, Hyosung reported a substantial growth of 8% in market valuation due to increased demand in the fashion and automotive industries, indicating a positive shift in the market landscape. In the last two years, Teijin announced plans in June 2022 to increase its investment in sustainable solutions, aiming to capitalize on the rising eco-conscious consumer base.

Overall, these factors illustrate a dynamic and evolving landscape for the US Artificial Leather Market, influenced greatly by innovation, sustainability, and strategic corporate moves.

 

Future Outlook

US Artificial Leather Market Future Outlook

The artificial leather market is projected to grow at a 6.68% CAGR from 2025 to 2035, driven by sustainability trends, technological advancements, and increasing consumer demand.

New opportunities lie in:

  • Expansion into eco-friendly production methods to attract environmentally conscious consumers.
  • Development of smart artificial leather with embedded technology for enhanced functionality.
  • Strategic partnerships with fashion brands to create exclusive product lines.

By 2035, the artificial leather market is expected to achieve substantial growth and innovation.

Market Segmentation

US Artificial Leather Market Type Outlook

  • PU
  • PVC
  • Bio-based

US Artificial Leather Market Application Outlook

  • Furnishing
  • Automotive
  • Footwear
  • Accessories
  • Clothing
  • Electronics
  • Others

Report Scope

MARKET SIZE 2024 5.5(USD Billion)
MARKET SIZE 2025 5.87(USD Billion)
MARKET SIZE 2035 11.2(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 6.68% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Billion
Key Companies Profiled BASF SE (DE), DuPont de Nemours Inc (US), Toray Industries Inc (JP), Teijin Limited (JP), Faux Leather Co (CN), Mitsubishi Chemical Corporation (JP), Hengli Group (CN), Sappi Limited (ZA), Wanhua Chemical Group Co Ltd (CN)
Segments Covered Type, Application
Key Market Opportunities Growing demand for sustainable materials drives innovation in the artificial leather market.
Key Market Dynamics Rising demand for sustainable materials drives innovation and competition in the artificial leather market.
Countries Covered US
Leave a Comment

FAQs

What is the expected market size of the US Artificial Leather Market by 2024?

The US Artificial Leather Market is expected to be valued at 4.5 billion USD in 2024.

What is the projected market size of the US Artificial Leather Market by 2035?

By 2035, the US Artificial Leather Market is projected to reach a value of 9.0 billion USD.

What is the expected CAGR for the US Artificial Leather Market from 2025 to 2035?

The expected CAGR for the US Artificial Leather Market from 2025 to 2035 is 6.504 percent.

Which are the major segments within the US Artificial Leather Market by type?

The major segments within the US Artificial Leather Market include PU, PVC, and Bio-based types.

What is the market size for PU in the US Artificial Leather Market by 2024?

The market size for PU in the US Artificial Leather Market is valued at 1.8 billion USD in 2024.

What is the anticipated market size for PVC in the US Artificial Leather Market by 2035?

The anticipated market size for PVC in the US Artificial Leather Market is expected to reach 3.0 billion USD by 2035.

What is the market size for Bio-based artificial leather by 2024?

The market size for Bio-based artificial leather is expected to be valued at 1.2 billion USD in 2024.

Who are the key players in the US Artificial Leather Market?

Key players in the US Artificial Leather Market include SABIC, Lear Corporation, Covestro, and Toray Industries.

What opportunities and trends are influencing the growth of the US Artificial Leather Market?

Opportunities include innovation in materials and sustainability, while trends focus on rising demand for eco-friendly options.

How has the competitive landscape shaped the US Artificial Leather Market?

The competitive landscape is shaped by strong players and innovation, leading to advancements in product development and market outreach.

What is the expected market size of the US Artificial Leather Market in 2024?

The US Artificial Leather Market is expected to be valued at 4.5 billion USD in 2024.

How fast is the US Artificial Leather Market projected to grow from 2025 to 2035?

The market is expected to grow at a compound annual growth rate (CAGR) of 7.029 percent from 2025 to 2035.

What will the market size of the US Artificial Leather Market be by 2035?

By 2035, the US Artificial Leather Market is anticipated to reach a value of 9.5 billion USD.

Which type of artificial leather is projected to dominate in terms of market value in 2035?

The PU segment is projected to dominate the market with an estimated value of 3.5 billion USD in 2035.

What is the market size forecast for the PVC segment in 2035?

The PVC segment is projected to reach a value of 3.0 billion USD by 2035.

How much is the Bio-based segment expected to be valued in 2035?

The Bio-based segment of the market is expected to be valued at 3.0 billion USD in 2035.

What has been the recent trend impacting the growth of the US Artificial Leather Market?

An increasing focus on sustainability and eco-friendly materials is impacting the growth of the market positively.

How does the US Artificial Leather Market growth vary by type?

The market exhibits significant growth across all types, with PU expected to lead as the market expands.

What are the primary applications driving demand in the US Artificial Leather Market?

Key applications driving demand include automotive, fashion, furniture, and upholstery products.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions