Synthetic Fibers Market Outstanding Growth by 2019 with Top Key Players: BASF, Reliance Industries Limited, Eastman Chemical Company, Owens Corning, RadiciGroup, Lenzing Group, Toray Industries, Inc., Bombay Dyeing, DowDuPont, Teijin, Kuraray and Others..

Historical trends and forecast mandates for North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa have been circumscribed in the regional market segmentation. The synthetic fibers report provides an extensive analysis of the Global synthetic fibers market by types, applications, players and regions.

We've taken up their company profiles to truly understand these key players and brands. The 2019-2026 production, consumption, revenue, gross margin, cost, gross, market share, CAGR, and market influencing factors of the synthetic fibers market in the global level have been laid down in this report.

This report contains all company profiles for top players and brands and includes a breakdown of market definition, classifications and market trends. Global Synthetic Fibers Market drivers and restrictions have been derived from a well-known SWOT analysis method.

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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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

Key Market Competitors:

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.

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

Segmentation: Global Synthetic Fibers Market

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

• By Applications
Apparels
Aerospace
Automotive
Medical
Filtration
Home Furnishing
Construction
Others

• By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa

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.

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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.

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

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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Competitive Analysis:

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.

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