Global Synthetic Fabrics Market Growth 2023-2029

Global Synthetic Fabrics Market Growth 2023-2029

Product Code:457667

Published Date: Feb 08,2023

Pages: 116

Region: Global

Category: Chemical & Material

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Synthetic fabrics are textiles made from man-made rather than natural fibers. Examples of synthetic fabrics include polyester, acrylic, nylon, rayon, acetate, spandex, latex, Orlon and Kevlar. Synthetic (chemically produced) fabrics are made by joining monomers into polymers, through a process called polymerization.

LPI (LP Information)' newest research report, the “Synthetic Fabrics Industry Forecast” looks at past sales and reviews total world Synthetic Fabrics sales in 2022, providing a comprehensive analysis by region and market sector of projected Synthetic Fabrics sales for 2023 through 2029. With Synthetic Fabrics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Synthetic Fabrics industry.

This Insight Report provides a comprehensive analysis of the global Synthetic Fabrics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Synthetic Fabrics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Synthetic Fabrics market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Synthetic Fabrics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Synthetic Fabrics.

The global Synthetic Fabrics market size is projected to grow from US$ 17330 million in 2022 to US$ 20880 million in 2029; it is expected to grow at a CAGR of 20880 from 2023 to 2029.

Global Synthetic Fabrics key players include Far Eastern New Century, Deyongjia Textile, Yongtong, Texhong Textile, Reliance Industries. In terms of product, Polyester Type is the largest segment, with a share about 20%. And in terms of application, the largest application is Apparel, followed by Home Textile, Industrial Use, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Synthetic Fabrics market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Polyester Type
    Nylon Type
    Acrylic Type
    Rayon Type
    Spandex Type
    Others

Segmentation by application
    Apparel
    Home Textile
    Industrial Use
    Others Application

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Far Eastern New Century
    Deyongjia Textile
    Yongtong
    Texhong Textile
    Reliance Industries
    Toray
    ShangTex
    Formosa Taffeta
    Luthai Textile
    Weiqiao Textile
    Jinsuo Textile
    Hyosung
    Shahlon
    Chinatex
    ECLAT
    Ruby Mills
    Chori
    Hongfa
    Georg+Otto Friedrich

Key Questions Addressed in this Report
What is the 10-year outlook for the global Synthetic Fabrics market?
What factors are driving Synthetic Fabrics market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Synthetic Fabrics market opportunities vary by end market size?
How does Synthetic Fabrics break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?