Informes de Expertos (IDE) latest report, titled “Mercado Latinoamericano de Cuero de Poliuretano,Informey Pronóstico 2021-2026”, anticipates that the Latin American polyurethane leather market size reaches USD XX Billion in 2026, owing primarily to the rising disposable incomes and high standards of living which are leading to an increased usage of purses, bags, wallets, clothes, etc. Growth of automotive and sports industries are also stimulating the demand for polyurethane leather as it is widely used to produce interiors of automobiles as well as sports footwear.Furthermore, concerns over animal crueltyare not expected to hinder the market growth as polyurethane leather is an artificial leather made from thermoplastic polymer and is also cheaper than real leather.
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