1 / 3

Synthetic Fibers Market

Global Synthetic Fibers Market is expected to reach USD 88.5 billion by 2025 at a significant CAGR of 6.3% over the forecast period as the scope and its applications are rising enormously across the globe.<br>

tom_clark
Download Presentation

Synthetic Fibers Market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Synthetic Fibers Market Revenue Drivers, Growth Opportunities, Supply Chain Analysis and Forecast Research Report Till 2025 “Global Synthetic Fibers Market is expected to reach USD 88.5 billion by 2025 at a significant CAGR of 6.3% over the forecast period as the scope and its applications are rising enormously across the globe.” The global Synthetic Fibers Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development. Market Overview: Global Synthetic Fibers Market is expected to reach USD 88.5 billion by 2025. Fabrics and fibers play key role in day-to-day life. Fiber is a hair like strand of material, which can be woven into a fabric. Synthetic fibers are usually semi-crystalline polymers, which are spun into threads. The fibers are uniaxial concerned with the wet, melt, or dry spinning process that gives fiber strength and high tenacity. Key Players: Bombay Dyeing E. I. du Pont de Nemours and Company Indorama Corporation Lenzing AG Mitsubishi Chemical Holdings Corporation Reliance Industries Limited China Petroleum Corporation (Sinopec Corp.) Teijin Limited Toray Chemical Korea, Inc. Toyobo Co., Ltd.

  2. Request free sample to get complete analysis of top-performing companies @ https://www.millioninsights.com/industry-reports/synthetic-fibers-market/request-sample Growth Drivers: These fibers are then transformed to yarn by twisting numerous incessant fibers together to a uniform yarn with all strands more or less united equivalent to the yarn axis. These fibers can be stronger than natural fibers. The Synthetic Fibers Market is estimated to grow at a significant CAGR of 6.3%over the forecast period as the scope and its applications are rising enormously across the globe. The changing lifestyle and improving fashion trend, high demand for high strength and light weight material amongst populace, and enhancements in green synthetic fibers are documented as major factors of synthetic fiber market that are estimated to enhance the growth in the years to come. Type Outlook: Polyester Nylon Acrylics Polyolefin Polyester sector accounted for the largest market share of Synthetic Fibers and is estimated to continue its dominance in the coming years. This may be because of its properties like chemical and abrasion resistance, high demand from middle-class populace due to an affordable cost, and availability of labor in developing countries. Application Outlook: Clothing Home Furnishing Automotive Filtration Clothing sector accounted for the largest market share of Synthetic Fibers and is estimated to lead the overall market in the coming years. Clothing sector comprises of work wear, menswear, children wear, and womenswear. The sector is at top most position, due to changing lifestyle and growing urbanization, it is easy to maintain, convenient, and offers protection, and high demand from developing countries like India and China. Regional Outlook: Globally, Asia Pacific accounted for the largest market share of Synthetic Fibers and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be high demand due to presence of applications like automotive and clothing and occurrence of key manufacturers in the region. The developing countries like India and China are the major consumers of Synthetic Fibers in the region. Instead, Europe and North America are also estimated to have a positive influence on the future growth. North America is the second largest region with significant market share. The aspects that may be ascribed to the growth comprise fast development of home furnishing and automotive industries. However, Europe is estimated to grow at fastest pace with the highest CAGR in the foremost period. Browse Related Category Research Reports @ https://industryanalysisandnews.wordpress.com/

  3. Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Asia Pacific Global Headquarters Million Insights Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Phone: 91-20-65300184 Email: sales@millioninsights.com

More Related