Reports

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Synthetic Fibres Market: By Type: Acrylic, Nylon, Polyester, Polyolefin, Acetate, Rayon, Aramid, Viscose, Others; By Application: Apparel, Automotive, Healthcare, Home Furnishing, Aerospace, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Synthetic Fibres Market Outlook

The global synthetic fibres market reached a volume of 73.5 million tons in 2020. The market is further expected to grow at a CAGR of 5.2% in the forecast period of 2021-2026 to reach a volume of 98 million tons by 2026.

 

The Asia Pacific to Significantly Contribute to the Synthetic Fibres Industry Growth

North America accounted for a significant share in the industry in 2020. The demand and production of synthetic fibres in Latin America and Europe are also high. However, the Asia Pacific is expected to create significant opportunities for the market expansion in the forecast period. This can be attributed to the escalating disposable incomes and the presence of a large population in the region. The growing production and consumption of synthetic fibres in China and India are significantly aiding the industry growth. This is further supported by the rapid urbanisation and rising standards of living in these countries.

 

Synthetic Fibres: Industry Definition and Segmentation

Synthetic fibres are man-made fibres produced from petrochemicals. They possess superior properties like strength, elasticity, washability, lightweight, and softness. Further, they are cost-effective in nature and provide additional benefits like high lustre and wrinkle and moisture resistance, among others. They play a crucial role not only in the production of apparels but find uses in various outdoor, indoor, and commercial applications.

Based on type, the market is divided into:

  • Acrylic
  • Nylon
  • Polyester
  • Polyolefin
  • Acetate
  • Rayon
  • Aramid
  • Viscose
  • Others

The various applications of synthetic fibres include:

  • Apparel
  • Automotive
  • Healthcare
  • Home Furnishing
  • Aerospace
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Rapid Advancements in Technology to Bolster the Synthetic Fibres Industry Growth

Synthetic fibres provide many benefits like they do not wrinkle easily and have good elastic properties, which make the apparels comfortable to wear. Further, these fibres are easy to wash, dry up quickly, and can be dyed easily. These fibres are not only used in general textile but are also witnessing increased adoption in the healthcare, aerospace, home furnishing, and automotive industries owing to their cost-effectiveness and durability. Other factors like rapid industrialisation, changing consumer preference, rising standards of living, increasing disposable incomes, changing fashion trends, and thriving retail sector are also boosting the industry growth. Meanwhile, the rapid technological advancements are leading to the improvement in production methods, thus, facilitating the development of synthetic fibres with superior physical, chemical, and mechanical characteristics. The growing focus of manufacturers to incorporate functional changes in synthetic fibres so that they have a little to no hazardous impact on the environment is expected to boost the industry growth in the forecast period.

 

Key Industry Players in the Global Synthetic Fibres Market

The report gives a detailed analysis of the following key players in the global synthetic fibres market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Schott Textiles, Inc.
  • Mitsubishi Chemical Corporation
  • Reliance Industries Limited
  • Lenzing AG
  • Toray Industries, Inc.
  • China Petrochemical Corporation
  • William Barnet and Son, LLC
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Synthetic Fibres Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Synthetic Fibres Historical Market (2016-2020) 
    8.3    Global Synthetic Fibres Market Forecast (2021-2026)
    8.4    Global Synthetic Fibres Market by Type
        8.4.1    Acrylic
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2021)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Nylon
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2021)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Polyester
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Polyolefin
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
        8.4.5    Acetate
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2016-2020)
            8.4.5.3    Forecast Trend (2021-2026)
        8.4.6    Rayon
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2016-2020)
            8.4.6.3    Forecast Trend (2021-2026)
        8.4.7    Aramid
            8.4.7.1    Market Share
            8.4.7.2    Historical Trend (2016-2020)
            8.4.7.3    Forecast Trend (2021-2026)
        8.4.8    Viscose
            8.4.8.1    Market Share
            8.4.8.2    Historical Trend (2016-2020)
            8.4.8.3    Forecast Trend (2021-2026)
        8.4.9    Others
    8.5    Global Synthetic Fibres Market by Application
        8.5.1    Apparel
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Automotive
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Healthcare
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Home Furnishing
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
        8.5.5    Aerospace
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2016-2020)
            8.5.5.3    Forecast Trend (2021-2026)
        8.5.6    Others
    8.6    Global Synthetic Fibres Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Schott Textiles, Inc.
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Mitsubishi Chemical Corporation
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Reliance Industries Limited
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Lenzing AG
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Toray Industries, Inc.
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    China Petrochemical Corporation
            13.2.6.1    Company Overview
            13.2.6.2    Product Portfolio
            13.2.6.3    Demographic Reach and Achievements
            13.2.6.4    Certifications
        13.2.7    William Barnet and Son, LLC
            13.2.7.1    Company Overview
            13.2.7.2    Product Portfolio
            13.2.7.3    Demographic Reach and Achievements
            13.2.7.4    Certifications
        13.2.8    Others
14    Industry Events and Developments

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operations Involved
2    Project Requirements and Cost Analysis
    2.1    Land, Location, and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Raw Materials
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investments

 

List of Figures and Tables

1.    Global Synthetic Fibres Market: Key Industry Highlights, 2016 and 2026
2.    Global Synthetic Fibres Historical Market: Breakup by Type (Million Tons), 2016-2020
3.    Global Synthetic Fibres Market Forecast: Breakup by Type (Million Tons), 2021-2026
4.    Global Synthetic Fibres Historical Market: Breakup by Application (Million Tons), 2016-2020
5.    Global Synthetic Fibres Market Forecast: Breakup by Application (Million Tons), 2021-2026
6.    Global Synthetic Fibres Historical Market: Breakup by Region (Million Tons), 2016-2020
7.    Global Synthetic Fibres Market Forecast: Breakup by Region (Million Tons), 2021-2026
8.    North America Synthetic Fibres Historical Market: Breakup by Country (Million Tons), 2016-2020
9.    North America Synthetic Fibres Market Forecast: Breakup by Country (Million Tons), 2021-2026
10.    Europe Synthetic Fibres Historical Market: Breakup by Country (Million Tons), 2016-2020
11.    Europe Synthetic Fibres Market Forecast: Breakup by Country (Million Tons), 2021-2026
12.    Asia Pacific Synthetic Fibres Historical Market: Breakup by Country (Million Tons), 2016-2020
13.    Asia Pacific Synthetic Fibres Market Forecast: Breakup by Country (Million Tons), 2021-2026
14.    Latin America Synthetic Fibres Historical Market: Breakup by Country (Million Tons), 2016-2020
15.    Latin America Synthetic Fibres Market Forecast: Breakup by Country (Million Tons), 2021-2026
16.    Middle East and Africa Synthetic Fibres Historical Market: Breakup by Country (Million Tons), 2016-2020
17.    Middle East and Africa Synthetic Fibres Market Forecast: Breakup by Country (Million Tons), 2021-2026
18.    North America Historical Price Trends and Forecast 2016-2026
19.    Europe Historical Price Trends and Forecast 2016-2026
20.    Asia Pacific Historical Price Trends and Forecast 2016-2026
21.    Latin America Historical Price Trends and Forecast 2016-2026
22.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
23.    Global Synthetic Fibres Market Structure

Key Questions Answered in the Report

In 2020, the global synthetic fibres market attained a volume of 73.5 million tons.

The market is projected to grow at a CAGR of 5.2% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach 98 million tons by 2026.

The major drivers of the industry, such as the rising disposable incomes, increasing population, growing focus on fashion and grooming, rising demand from the developing regions, and growing retail sector, are expected to aid the market growth.

The key market trends guiding the growth of the industry include the growing technological advancements and the improvements in the production of synthetic fibres.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading types of synthetic fibres in the market are acrylic, nylon, polyester, polyolefin, acetate, rayon, aramid, and viscose, among others.

The significant application segments in the industry are apparel, automotive, healthcare, home furnishing, and aerospace, among others.

The major players in the industry are Schott Textiles, Inc., Mitsubishi Chemical Corporation, Reliance Industries Limited, Lenzing AG, Toray Industries, Inc., China Petrochemical Corporation, and William Barnet and Son, LLC, among others.

Analyst Review

The global synthetic fibres market attained a volume of 73.5 million tons in 2020, driven by the rising focus on fashion and grooming. Aided by the increasing technological advancements, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 5.2%. The market is projected to reach 98 million tons by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the market is segmented into acrylic, nylon, polyester, polyolefin, acetate, rayon, aramid, and viscose, among others. Based on application, the industry is divided into apparel, automotive, healthcare, home furnishing, and aerospace, among others. The major regional markets for synthetic fibres are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Schott Textiles, Inc., Mitsubishi Chemical Corporation, Reliance Industries Limited, Lenzing AG, Toray Industries, Inc., China Petrochemical Corporation, and William Barnet and Son, LLC, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$ 1999     $1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Single User License

$ 3199     $2799
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Five User License

$ 4199     $3799
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Corporate License

$ 5199     $4799
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Aramid Fibre Market Report and Forecast 2021-2026


Global Injection Moulding Machine Market Report and Forecast 2021-2026 


Global Carbon Nanotubes Market Report and Forecast 2021-2026


Global Medium Chain Triglycerides Market Report and Forecast 2021-2026


Global Eucalyptus Essential Oil Market Report and Forecast 2021-2026


NEWSLETTER