—
Synthetic Fiber is a type of chemical fiber, which is a general term for chemical fibers made with synthetic polymer compounds as raw materials.By 2026, the global synthetic fiber market is expected to reach $94 billion. It is estimated that the synthetic fiber market will grow at a compound annual growth rate of 6% during the forecast period, because its scope and applications are growing rapidly globally. However, strict ecological rules related to the non-biodegradability of synthetic fibers may limit the overall market growth in the coming years. Automobile interior materials use synthetic fibers to make body cloth, velvet, tweed, velvet and other similar useful fabrics. Due to the growth of many hybrid and electric vehicles, the automotive market is expected to grow because the demand for such vehicles is expected to increase during the forecast period.
Changes in lifestyle and improvement of fashion trends, high demand for high-strength and lightweight materials, and better quality of synthetic fibers have proven to be the main factors in the synthetic fiber market, and it is estimated that these factors will promote growth in the coming years. Consumer interest in home decoration continues to grow, spurring growth in the business sector. The industry needs these fibers to make sheets, blankets, upholstery, wall coverings, soft furniture, carpets and similar other products. The growth of the real estate industry has driven the growth of furniture. The increase in the number of retail stores offering home furniture is another important reason for the growth of the synthetic fiber market during the forecast period. The increase in population, coupled with the increase in urbanization rate, has also had a positive impact on the furniture market.
Get FREE Sample of Synthetic Fibers Market Report at:
https://www.globalmarketmonitor.com/request.php?type=3&rid=589081
The Major Players Profiled in This Report Include:
Toray Industries
Lenzing AG
Indorama Corporation
Mitsubishi Chemical Holdings Corporation
Reliance Industries Limited
China Petroleum Corporation
The Type and Application Analysis:
On the basis of type, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into:
Filler
Polyester
Nylon
Acrylics
Polyolefin
On the basis of application, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each application/end users, primarily divided into:
Clothing
Home Furnishing
Automotive
Filtration
Others
To Identify the Key Trends in the Industry, Click on the Link Below:
https://www.globalmarketmonitor.com/reports/589081-synthetic-fibers-market-report.html
As the middle-class population of emerging economies increases, the demand for polyester is increasing. This industry is labor-intensive, so the supply of cheap labor in emerging economies has boosted production. The Asia-Pacific region is leading the production and consumption of polyester, and this trend is expected to continue during the forecast period. It is expected that during the forecast period, polyester will become the most important market segment in China's total revenue in 2016. Industrial uses of nylon include the manufacture of ropes and nets, tire cords, tarpaulins, hoses, monofilament fishing lines, conveyor belts and seat belts, racket line airbags, tents, parachutes, sleeping bags, cords and similar products.
For Detailed TOC Click Here
Synthetic Fibers Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Synthetic Fibers Market by Types
Chapter 4 Segmentation of Synthetic Fibers Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Synthetic Fibers Market in Major Countries
Chapter 7 North America Synthetic Fibers Landscape Analysis
Chapter 8 Europe Synthetic Fibers Landscape Analysis
Chapter 9 Asia Pacific Synthetic Fibers Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Synthetic Fibers Landscape Analysis
Chapter 11 Major Players Profile
11.1 Toray Industries
11.1.1 Toray Industries Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Lenzing AG
11.2.1 Lenzing AG Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3 Indorama Corporation
11.3.1 Indorama Corporation Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
…
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures
Avail a FREE Sample to Know More About the Complete Report:
https://www.globalmarketmonitor.com/request.php?type=3&rid=589081
Available Customizations - Market Monitor offers customizations according to the company’s specific needs.
Synthetic Fibers Report Provide:
Potential opportunities and challenges analysis in the Synthetic Fibers market.
Current and future market outlook in the developed and emerging regional markets.
Detailed analysis of the segment that is expected to dominate the market.
Regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players.
Comprehensive & in-depth research and after-sales warranty by Global Market Monitor.
Analysis of Influences of COVID-19 to the present and future Synthetic Fibers market and related industry.
Contact Info:
Name: Quella
Email: Send Email
Organization: Market Monitor
Address: One Pierrepont Plaza, 14th Floor, 300 Cadman Plaza W,Brooklyn, NY 11201, USA
Phone: + 1 (347) 467 7721
Website: https://www.globalmarketmonitor.com/
Release ID: 88967956
Google
RSS