The Synthetic Fibers Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
Learn More On The Synthetic Fibers Market:
https://www.thebusinessresearchcompany.com/report/synthetic-fibers-global-market-report
According to The Business Research Company’s Synthetic Fibers Global Market Report 2024, The synthetic fibers market size has grown strongly in recent years. It will grow from $175.06 billion in 2023 to $190.35 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to demand for cost-effective fibers, textile industry growth, advancements in material science, performance characteristics
The synthetic fibers market size is expected to see strong growth in the next few years. It will grow to $258.43 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to sustainability and recycling, technical textiles growth, innovations in fiber types, consumer demand for performance apparel. Major trends in the forecast period include bio-based synthetic fibers, smart and functional fibers, nanotechnology integration, microfiber textiles.
Syntheticfiber is used in a broad range of applications, including the textile industry and home furnishings, owing to its physical and chemical properties such as high durability and stain-resistant characteristics. Polyester is one major fiber used in tires, belts, and hoses, whereas nylon is used for the preparation of carpets. According to a report, by 2030 it is expected that the consumption of polyester will be approximately three times that of cotton fiber. Thus, the increased usage of synthetic fibers in end-user industries is expected to drive the growth of synthetic fiber market.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=2685&type=smp
The synthetic fibers market covered in this report is segmented –
1) By Type: Polyester; Nylon; Acrylics; Polyolefin; Other Types
2) By Application: Clothing; Home Furnishing; Automotive; Filtration; Other Applications
3) By Distribution Channel: Online; Offline
The synthetic fibers market report table of contents includes:
1. Executive Summary
2. Synthetic Fibers Market Characteristics
3. Synthetic Fibers Market Trends And Strategies
4. Synthetic Fibers Market – Macro Economic Scenario
5. Global Synthetic Fibers Market Size and Growth
.
.
.
26. South America Synthetic Fibers Market
27. Brazil Synthetic Fibers Market
28. Middle East Synthetic Fibers Market
29. Africa Synthetic Fibers Market
30. Synthetic Fibers Market Competitive Landscape And Company Profiles
Top Major Players:
- Bombay Dyeing & Manufacturing Company Limited
- DuPont de Nemours Inc
- Indorama Corporation
- Lenzing AG
- Mitsubishi Chemical Group Corporation
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
