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Global Synthetic Fibers market by Product Type (Polyester, Nylon, Acrylics, Polyolefins, Others), by Application (Clothing, Home Furnishing, Automotive, Filtration, Others), and Geography - Forecast to 2025

12-11-2020 05:24 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: i2i Research LLP

Global Synthetic Fibers market by Product Type (Polyester,

The Synthetic Fibers Market was valued at US$ 72530.3 million in 2019 and is projected to reach US$ 163372.06 million by 2025, at a CAGR of 12.3 % during the forecast period. In this study, 2019 has been considered as the base and 2020 to 2025 as the forecast period to estimate the market size for Synthetic Fibers Market. Rapidly growing demand for lightweight and fuel-efficient materials or advanced composite materials is increasing the need for synthetic fibers. For instance, some of the new products using synthetic fibers include bioplastics, plastic composites/nanocomposites, self-healing polymers, plastic electronics and smart and reactive polymers.
Asia Pacific accounted for the largest market share of Synthetic fibers and is estimated to lead the overall market in the coming years. High demand due to presence of applications like automotive and clothing and occurrence of key manufacturers in the region is driving the demand for the product. Developing countries such as India and China are the major consumers of Synthetic Fibers in the region.

Report Link
For more details on “Global Synthetic Fibers” Market Report:
https://i2iresearch.com/report/global-synthetic-fibers-market-2020-market-size-share-growth-trends-forecast-2025/

What this report Offers
This report covers an in-depth analysis of the Global Synthetic Fibers market including statistical and qualitative data points with emphasis on the market dynamics including the drivers, opportunities & restraints.
There is a coverage of market dynamics at country level in the respective regional segments. The report comprises competitive analysis with focus on key players and participants of Global Synthetic Fibers market covering in-depth data related to competitive landscape, positioning, company profiles, key strategies adopted and product-profiling with focus on market growth and potential.
To avail a copy of the sample of the Global Synthetic Fibers Market Report:
https://i2iresearch.com/report/global-synthetic-fibers-market-2020-market-size-share-growth-trends-forecast-2025/

Key Segmentations in this report

Global Synthetic Fibers Market, by Product Type
• Polyester
• Nylon
• Acrylics
• Polyolefins
• Others
Global Synthetic Fibers Market, by Application
• Clothing
• Home Furnishing
• Automotive
• Filtration
• Others
For a detailed table of content of the Global Synthetic Fibers Market Report:
https://i2iresearch.com/report/global-synthetic-fibers-market-2020-market-size-share-growth-trends-forecast-2025/

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