Global Synthetic Fabrics Market Growth 2019-2024

SKU ID : LPI-13842790 | Publishing Date : 08-Feb-2019 | No. of pages : 162

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.
The synthetic fabric market is expected to be driven by its high demand in fashion & apparel industry and high growth rate of construction and automotive industries, especially in emerging economies,. However, environmental concerns and threat from natural substitutes may restrain the market growth during the forecast period. Moreover, R&D activities on conductive textiles and nanotechnology in textiles are expected to provide potential growth opportunities.

The global synthetic fabric market is segmented based on the basis of type, application, and geography. Based on type, it is divided into acetate fabric, acrylic fabric, chiffon fabric, denim fabric, georgette fabric, nylon fabric, polyester fabric, rayon fabric, spandex fabric, viscose fabric, and others. On the basis of application, it is classified into construction, automotive, healthcare, apparel, household, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

According to this study, over the next five years the Synthetic Fabrics market will register a 2.6% CAGR in terms of revenue, the global market size will reach US$ 18600 million by 2024, from US$ 16000 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Synthetic Fabrics business, shared in Chapter 3.

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.

This study considers the Synthetic Fabrics value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Polyester Type
Nylon Type
Acrylic Type
Rayon Type
Spandex Type
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Apparel
Home Textile
Industrial Use
Others Application

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Far Eastern New Century
Deyongjia Textile
Yongtong Group
Texhong Textile
Reliance Industries
Toray
ShangTex
Formosa Taffeta
Luthai Textile
Weiqiao Textile
Jinsuo Textile
Hyosung
Shahlon Group
Chinatex Corp
ECLAT
Ruby Mills
Chori Co., Ltd
Hongfa Group
Georg+Otto Friedrich

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Synthetic Fabrics consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Synthetic Fabrics market by identifying its various subsegments.
Focuses on the key global Synthetic Fabrics manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Synthetic Fabrics with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Synthetic Fabrics submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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