Synthetic Fibers Market Tremendous Growth by 2019 with Top Key Players: Teijin, Indorama, Lenzing Group, Mitsubishi Chemical Holdings America, Bombay Dyeing, Toray Industries, Inc., Toyobo U.S.A., Inc., Tongkun Group Co., Ltd., Kolon Industries, Inc,

Data on the client perspective, complete analysis, statistics, market share, enterprise performance, historic analysis from 2012 to 2018, volume, revenue, YOY growth rate and CAGR forecast to 2026 are covered in the report.

The value chain evaluation helps to analyze important raw materials, chief equipment, manufacturing processes, client analysis and major Global synthetic fibers distributors. The report additionally affords Porter analysis, PESTEL analysis and market attractiveness, which helps to higher understand the market state of affairs at macro and micro level. It also offers specific statistics about fusions, acquisitions, joint ventures and different important market activities in latest years. The document additionally covers a distinct description, a competitive scenario, a huge vary of market leaders and enterprise strategies adopted by way of rivals with their SWOT analysis.

Global synthetic fibers market is Expected to rise from its initial estimated value of USD 57.70 billion to an estimated value of USD 93.02 billion by 2026, registering a CAGR of 6.15% in the forecast period of 2019-2026. This rise in market value can be attributed to the rising growth of the applicable industries and the subsequent rise in demand of applications of synthetic fibers.

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Synthetic fibers can be described as the man-made fibers that are produced with the help of chemical polymerization and the resulting fibers have superior physical and chemical properties and are generally light in weight as compared to the natural fibers. Due to the high number of characteristics and cost effective nature of these fibers, their demand from the various end-users is on the rise.

Global Synthetic Fibers Market,

• By Product Type (Acrylic, Nylon, Polyester, Polyolefin, Acetate, Rayon, Aramid, Others),

• Applications (Apparels, Aerospace, Automotive, Medical, Filtration, Home Furnishing, Construction, Others),

• Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Drivers:

• Rise in demand from various end-use industries is expected to drive the market growth

• Lower cost and increased amount of features and characteristics as compared to the natural fibers is expected to drive the market growth

Market Restraints:

• Presence of strict regulations regarding the non-biodegradable factor of synthetic fibers is expected to restrain the market growth

• Low melting and burning points in comparison to the natural fibers is also expected to restrain the market growth

Key Market Competitors: Global Synthetic Fibers Market

Few of the major competitors currently working in the synthetic fibers market are

• DowDuPont,
• Bombay Dyeing,
• Indorama Corporation,
• LENZING AG,
• Mitsubishi Chemical Holdings Corporation,
• Reliance Industries Limited,
• TEIJIN LIMITED,
• Toray Chemical Korea Inc.,
TOYOBO CO. LTD., China Petroleum & Chemical Corporation, Asahi Kasei Corporation, Eastman Chemical Company, Tongkun Group Co. Ltd., Kolon Industries Inc., KURARAY CO. LTD., Owens Corning, NAN YA PLASTICS CORPORATION, BASF SE, Akra Polyester, and Radici Partecipazioni SpA.

Segmentation: Global Synthetic Fibers Market

• By Product Type

• By Applications

• By Geography

Table of Contents:

1. Introduction

2. Market Segmentation

3. Market Overview

4. Executive Summary

5. Premium Insights

6. Global, By Component

7. Product Type

8. Delivery

9. Industry Type

10. Geography

And much More…
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Key Developments in the Market:

• In March 2018, KURARAY CO. LTD., announced the completion of its acquisition of Calgon Carbon Corporation. This acquisition is expected to complement both companies’ product portfolio and is expected to enhance their service capabilities.

• In April 2015, Indorama Corporation’s subsidiary Indorama Ventures announced the acquisition of Performance Fibers Asia, which is expected to create a regional leader of fiber and other materials complementing the products and service portfolio of the companies.
Competitive Analysis: Global Synthetic Fibers Market

Global synthetic fibers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of synthetic fibers market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Insights in the report:

• Complete and distinct analysis of the market drivers and restraints

• Key Market players involved in this industry

• Detailed analysis of the Market Segmentation

• Competitive analysis of the key players involved

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