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Synthetic Fibers Market, Global Outlook and Forecast 2023-2029

Synthetic Fibers Market, Global Outlook and Forecast 2023-2029

  • Published on : 06 June 2023
  • Pages :72
  • Report Code:SMR-7704432

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Report overview

Synthetic fibers are referred to man-made materials, which are produced with the help of chemicals having superior properties compared to natural fibers. Synthetic fibers are manufactured through polymerization of a variety of chemical substances. These fibers are more light-weight, stain-resistant, easy & convenient to dye, and durable. On the back of their favorable properties, synthetic fibers are widely employed for various applications in the fashion industry.
This report aims to provide a comprehensive presentation of the global market for Synthetic Fibers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Synthetic Fibers. This report contains market size and forecasts of Synthetic Fibers in global, including the following market information:
Global Synthetic Fibers Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Synthetic Fibers Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Synthetic Fibers companies in 2022 (%)
The global Synthetic Fibers market was valued at US$ 116370 million in 2022 and is projected to reach US$ 164950 million by 2029, at a CAGR of 5.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Consumers highly prefer characteristics such as durability, better stain resistance, softness, and elasticity in their fiber uses; and manufacturers? ability to provide all such properties at lower costs is one of the key driving factors for the growth of the global synthetic fiber market. Furthermore, changing fashion trends are also expected to have perceptible effects on the global synthetic fiber market. The lower cost of synthetic fibers as compared to natural fibers also encourages their use among consumers. Furthermore, weak supply of natural fibers such as cotton is another factor, expected to drive the global synthetic fiber market over the forecast period.
We surveyed the Synthetic Fibers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Synthetic Fibers Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Synthetic Fibers Market Segment Percentages, by Type, 2022 (%)
Acrylics
Polyester
Nylon
Polyolefin
Global Synthetic Fibers Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Synthetic Fibers Market Segment Percentages, by Application, 2022 (%)
Clothing
Home Furnishing
Automotive
Filtration
Global Synthetic Fibers Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Synthetic Fibers Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Synthetic Fibers revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Synthetic Fibers revenues share in global market, 2022 (%)
Key companies Synthetic Fibers sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Synthetic Fibers sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Indorama Corporation
Toray Industries
DuPont
Mitsubishi Chemical Holdings Corporation
CNPC
Reliance Industries Limited
Toho Tenax
Outline of Major Chapters:
Chapter 1: Introduces the definition of Synthetic Fibers, market overview.
Chapter 2: Global Synthetic Fibers market size in revenue and volume.
Chapter 3: Detailed analysis of Synthetic Fibers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Synthetic Fibers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Synthetic Fibers capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.