China: Short supplying of ultrafine PU leather
Write:
Leshem [2011-05-20]
As strong growth in consumption of ultrafine PU leather in China, the current production has failed to meet such sharp increasing. 70.6 million Square meters of ultrafine PU leather were consumed in 2009, it is estimated the consumption will reach 110 million square meters in 2011 and 129 million square meters in 2012, the growth rate will be above 20% in consumption.
Despite 20 million square meters of the production capacity to be added in the industry, it still is hard to meet the increasing demand during the 2011 to 2012.
CITATION http://www.chinaleather.org/eng/show.php?itemid=5971