An environmental friendly artificial leather product includes a substrate, an adhesive layer, an intermediate layer and a top layer. The artificial leather resides in that the top layer and adhesive layer is formed of a solvent-free elastomer resin composition and the intermediate layer provided between the top layer and adhesive layer is formed of a polyurethane resin composition containing more than 50% by weight solid content of polyurethane resin. A method for producing an environmental friendly artificial leather product includes coating a first solvent-free elastomer resin composition on a releasing paper to form a top layer, coating a polyurethane resin composition containing more than 50% by weight solid content on the top layer to form an intermediate layer, coating a second solvent-free elastomer resin composition on the intermediate layer to form an adhesive layer, and finally applying a substrate on the adhesive layer, and peeling the releasing paper.