Augmented demand in the automotive and footwear industries is likely to drive the market to register an 8.3% CAGR over the forecast period. The India Polyurethane (PU) Synthetic/Artificial Leather Market size is expected to be valued at USD 8.14 billion by 2025, according to a new report by Grand View Research, Inc. Increasing penetration of PU synthetic leather materials in the automotive sector, especially in car seats, is expected to be a critical factor for market growth over the forecast period. Automobile manufacturers are increasingly opting for synthetic leather materials owing to their higher durability, wear resistance, and cost-effectiveness. The footwear industry has been a key end user of polyurethane artificial leather market considering its usage in men and women’s footwear, including boots, sneakers, and sandals. It has been replacing ethylene vinyl acetate (EVA) and polyvinyl chloride (PVC) in footwear on account of its ease in designing as well as processing. In 20...