South & Central America Leather for Automotive Seats Market Report 2021-2031 by Scope, Segmentation, Dynamics, and Competitive Analysis

Description

List of Tables

The leather market for automotive seats in South and Central America is projected to grow significantly, reaching approximately US$ 3,257.38 million by 2031, up from US$ 2,583.34 million in 2024. This growth represents a compound annual growth rate (CAGR) of 3.6% from 2025 to 2031.

Executive Summary and Market Analysis

The automotive sector in Brazil, Argentina, and Chile is a major driver of leather sales for automotive seats in the region. According to Fastener World Inc., vehicle sales in Central and South America are expected to rise by 2.8% year-on-year, reaching between 3.8 million and 4.1 million units in 2024. Brazil leads the market, accounting for over half of the sales, followed by Argentina and Chile, each contributing around 300,000 to 400,000 units. The automotive industry in this region heavily relies on import and export revenues, creating substantial opportunities for leather applications in automotive seating. The growth in passenger car sales is a key factor fueling the demand for leather in automotive seats.

Major automotive manufacturers are expanding their operations in South and Central America to capitalize on this lucrative market. For instance, Audi AG invested US$ 19.2 million in 2022 to resume production at its plant in Parana, Brazil, with a capacity of 4,000 vehicles annually. Additionally, Kavak invested US$ 500 million in Brazil's used car market, enhancing its logistics and reconditioning capabilities. Such investments are expected to boost maintenance and reconditioning operations, further driving the demand for leather in automotive seats.

Market Segmentation

The South and Central America leather for automotive seats market can be segmented by type and vehicle type.

By Type: The market is divided into genuine leather and artificial leather, with genuine leather holding a larger market share in 2024. The artificial leather segment includes subcategories such as polyurethane and polyvinyl chloride.
By Vehicle Type: The market is categorized into passenger cars, light commercial vehicles, heavy commercial vehicles, and others, with passenger cars dominating the market share in 2024.

Market Outlook

The demand for vegan leather is on the rise as consumers and industries increasingly seek sustainable and cruelty-free alternatives to traditional leather. Vegan leather, made from plant-based materials like pineapple leaves, mushrooms, and apple peels, is gaining traction in automotive applications. This type of leather not only provides a cruelty-free option but also aims to minimize the environmental impact associated with animal agriculture. The growing number of vegan consumers, estimated at 25.8 million as of January 2025, is driving the production and adoption of vegan products across various sectors, including automotive.

Automakers are now producing vegan leather seats from these sustainable materials, which are processed into durable and breathable fabrics. Vegan leather seats are resistant to stains and scratches, ensuring longevity and ease of maintenance. Major automotive brands such as Tesla, BMW, Audi, and Mercedes-Benz are incorporating vegan leather into their vehicle interiors. For example, BMW launched an all-electric 5 Series in February 2024 featuring a fully vegan interior, showcasing the increasing trend towards sustainable materials in the automotive industry.

Country Insights

The South and Central America leather for automotive seats market is primarily composed of Brazil, Argentina, and other countries in the region, with Brazil holding the largest market share in 2024. As the largest automotive producer in South and Central America, Brazil has seen a surge in passenger vehicle sales due to economic growth, favorable credit policies, and government incentives. According to the OICA Correspondents Survey, Brazil's passenger car production reached 1,895,020 units in Year-to-Date (YTD) 2024, an increase from 1,782,079 units in the previous year. The production of light commercial vehicles also rose significantly, indicating a robust automotive sector that is driving demand for leather seat applications.

Company Profiles

Key players in the leather for automotive seats market include San Fang Chemical Industrial Co Ltd, Mayur Uniquoters Limited, Nan Ya Plastics Corp, FILWEL Co., Ltd., Kolon Industries Inc, BASF SE, Kuraray Co Ltd, Teijin Ltd, Toray Industries Inc, Covestro AG, Wollsdorf Leder Schmidt & Co Ges.m.b.H., Curtidos Trevino S.A. de C.V., Wickett-Craig, Super Tannery Ltd., and Elmo Sweden AB. These companies are pursuing various strategies such as expansion, product innovation, and mergers and acquisitions to enhance their market presence and offer innovative products to consumers.

Product Code: BMIRE00032155

1. Introduction

1.1 Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.1 Primary Research
- 3.1.1 Hypothesis formulation:
- 3.1.2 Macro-economic factor analysis:
- 3.1.3 Developing base number:
- 3.1.4 Data Triangulation:
- 3.1.5 Country level data:

4. South & Central America Leather for Automotive Seats Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Threat of New Entrants:
- 4.2.2 Threat of Substitutes:
- 4.2.3 Bargaining Power of Buyers:
- 4.2.4 Bargaining Power of Suppliers:
- 4.2.5 Competitive Rivalry:
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Manufacturers
- 4.3.3 Distributors or Suppliers
- 4.3.4 End Users:
- 4.3.5 List of Vendors in the Value Chain
4.4 Average Selling Price

5. South & Central America Leather for Automotive Seats Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Rising Demand for Luxury Vehicles
- 5.1.2 Growing Adoption of Electric Vehicles
5.2 Market Restraints
- 5.2.1 High Costs of Genuine Leather
5.3 Market Opportunities
- 5.3.1 Rising Adoption of Artificial Leather
5.4 Future Trends
- 5.4.1 Shift Toward Vegan Leather
5.5 Impact of Drivers and Restraints:

6. Leather for Automotive Seats Market - South & Central America Analysis

6.1 South & Central America Leather for Automotive Seats Market Volume (Million Sq. Meter), 2021-2031
6.2 South & Central America Leather for Automotive Seats Market Volume Forecast and Analysis (Million Sq. Meter)
6.3 South & Central America Leather for Automotive Seats Market Revenue (US$ Million), 2024-2031
6.4 South & Central America Leather for Automotive Seats Market Forecast and Analysis

7. South & Central America Leather for Automotive Seats Market Volume and Revenue Analysis - by Type

7.1 Genuine Leather
- 7.1.1 Overview
- 7.1.2 Genuine Leather: South & Central America Leather for Automotive Seats Market - Volume and Forecast, 2021-2031 (Million Sq. Meter)
- 7.1.3 Genuine Leather: South & Central America Leather for Automotive Seats Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Artificial Leather
- 7.2.1 Overview
- 7.2.2 Artificial Leather: South & Central America Leather for Automotive Seats Market - Volume and Forecast, 2021-2031 (Million Sq. Meter)
- 7.2.3 Artificial Leather: South & Central America Leather for Automotive Seats Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.3 Polyurethane
- 7.3.1 Overview
- 7.3.2 Polyurethane: South & Central America Leather for Automotive Seats Market - Volume and Forecast, 2021-2031 (Million Sq. Meter)
- 7.3.3 Polyurethane: South & Central America Leather for Automotive Seats Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.4 Polyvinyl Chloride
- 7.4.1 Overview
- 7.4.2 Polyvinyl Chloride: South & Central America Leather for Automotive Seats Market - Volume and Forecast, 2021-2031 (Million Sq. Meter)
- 7.4.3 Polyvinyl Chloride: South & Central America Leather for Automotive Seats Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.5 Others
- 7.5.1 Overview
- 7.5.2 Others: South & Central America Leather for Automotive Seats Market - Volume and Forecast, 2021-2031 (Million Sq. Meter)
- 7.5.3 Others: South & Central America Leather for Automotive Seats Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. South & Central America Leather for Automotive Seats Market Volume and Revenue Analysis - by Vehicle Type

8.1 Passenger Cars
- 8.1.1 Overview
- 8.1.2 Passenger Cars: South & Central America Leather for Automotive Seats Market - Volume and Forecast, 2021-2031 (Million Sq. Meter)
- 8.1.3 Passenger Cars: South & Central America Leather for Automotive Seats Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Light Commercial Vehicles
- 8.2.1 Overview
- 8.2.2 Light Commercial Vehicles: South & Central America Leather for Automotive Seats Market - Volume and Forecast, 2021-2031 (Million Sq. Meter)
- 8.2.3 Light Commercial Vehicles: South & Central America Leather for Automotive Seats Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.3 Heavy Commercial Vehicles
- 8.3.1 Overview
- 8.3.2 Heavy Commercial Vehicles: South & Central America Leather for Automotive Seats Market - Volume and Forecast, 2021-2031 (Million Sq. Meter)
- 8.3.3 Heavy Commercial Vehicles: South & Central America Leather for Automotive Seats Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.4 Others
- 8.4.1 Overview
- 8.4.2 Others: South & Central America Leather for Automotive Seats Market - Volume and Forecast, 2021-2031 (Million Sq. Meter)
- 8.4.3 Others: South & Central America Leather for Automotive Seats Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. South & Central America Leather for Automotive Seats Market - Country Analysis

9.1 South and Central America
- 9.1.1 South & Central America Leather for Automotive Seats Market Revenue and Forecast and Analysis - by Country
  - 9.1.1.1 South & Central America Leather for Automotive Seats Market Volume and Forecast and Analysis - by Country
  - 9.1.1.2 South & Central America Leather for Automotive Seats Market Revenue and Forecast and Analysis - by Country
  - 9.1.1.3 Brazil: South & Central America Leather for Automotive Seats Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 9.1.1.3.1 Brazil: South & Central America Leather for Automotive Seats Market Share - by Type
    - 9.1.1.3.2 Brazil: South & Central America Leather for Automotive Seats Market Share - by Vehicle Type
  - 9.1.1.4 Argentina: South & Central America Leather for Automotive Seats Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 9.1.1.4.1 Argentina: South & Central America Leather for Automotive Seats Market Share - by Type
    - 9.1.1.4.2 Argentina: South & Central America Leather for Automotive Seats Market Share - by Vehicle Type
  - 9.1.1.5 Rest of South and Central America: South & Central America Leather for Automotive Seats Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 9.1.1.5.1 Rest of South and Central America: South & Central America Leather for Automotive Seats Market Share - by Type
    - 9.1.1.5.2 Rest of South and Central America: South & Central America Leather for Automotive Seats Market Share - by Vehicle Type

10. Competitive Landscape

10.1 Heat Map Analysis by Key Players
10.2 Company Market Share Analysis, 2024

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions

12. Company Profiles

12.1 San Fang Chemical Industrial Co Ltd
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Mayur Uniquoters Limited
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Nan Ya Plastics Corp
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 FILWEL Co., Ltd.
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Kolon Industries Inc
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 BASF SE
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Kuraray Co Ltd
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Teijin Ltd
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Toray Industries Inc
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
12.10 Covestro AG
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
12.11 Wollsdorf Leder Schmidt & Co Ges.m.b.H.
- 12.11.1 Key Facts
- 12.11.2 Business Description
- 12.11.3 Products and Services
- 12.11.4 Financial Overview
- 12.11.5 SWOT Analysis
- 12.11.6 Key Developments
12.12 Curtidos Trevino S.A. de C.V.
- 12.12.1 Key Facts
- 12.12.2 Business Description
- 12.12.3 Products and Services
- 12.12.4 Financial Overview
- 12.12.5 SWOT Analysis
- 12.12.6 Key Developments
12.13 Wickett-Craig
- 12.13.1 Key Facts
- 12.13.2 Business Description
- 12.13.3 Products and Services
- 12.13.4 Financial Overview
- 12.13.5 SWOT Analysis
- 12.13.6 Key Developments
12.14 Super Tannery Ltd.
- 12.14.1 Key Facts
- 12.14.2 Business Description
- 12.14.3 Products and Services
- 12.14.4 Financial Overview
- 12.14.5 SWOT Analysis
- 12.14.6 Key Developments
12.15 Elmo Sweden AB
- 12.15.1 Key Facts
- 12.15.2 Business Description
- 12.15.3 Products and Services
- 12.15.4 Financial Overview
- 12.15.5 SWOT Analysis
- 12.15.6 Key Developments

13. Appendix

13.1 About The Insight Partners