Press release
North American Synthetic Fibers Market Report 2020: By Key Players, Application, Type, Market Share, Forecast to 2026
The North American synthetic fibers market is projected to grow at a CAGR of 6.2% during the forecast period (2020-2026). The market is driven by the rising application of synthetic fibers in the various sectors such as automotive, home furnishing, and textiles. Along with that, the presence of an advanced synthetic fiber industry and high demand for synthetic fibers in the automotive application in the US is expected to give a boost to the regional growth of the market.A full report of North American Synthetic Fibers Market is available at: https://www.omrglobal.com/industry-reports/north-america-synthetic-fibers-market
The US is a major contributor in the North American synthetic fibers market as the manufacturers are investing heavily in R&D activities to produce eco-friendly fibers with low styrene compounds. For instance, In November 2018, DuPont declared that it is investing over $80 million to establish a new production facility in Zhangjiagang, Jiangsu Province in East China. This new facility manufactures compounded high-end engineering plastics and adhesives to provide service to the customers in industrial, transportation, consumer, and electronics products markets. Therefore, these expansions by the market players further provide significant opportunity opportunities to the market.
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/north-america-synthetic-fibers-market
Market Coverage
• Study Period- 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segments Covered- By Type and by Application
• Regions Covered- US and Canada
• Key Companies Profiled- Asahi Kasei Corp., BASF SE, DuPont de Nemours, Inc., Mitsubishi Chemical Corp., Toray Industries, Inc., China Petrochemical Corp. (Sinopec), Eastman Chemical Co., and others
Key Questions Addressed by the Report
• What is the market growth rate during the forecast period?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market during the forecast period?
• How COVID-19 will impact the market growth in 2020 and the coming years?
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast.
o Most affected region/segment
o Recommendations
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
North American synthetic fibers Market – Segmentation
By Type
• Acrylics
• Polyolefin
• Polyester
• Nylon
• Others
By Application
• Automotive
• Clothing
• Home Furnishing
• Filtration
• Others
For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/north-america-synthetic-fibers-market
North American Synthetic Fibers Market – Segmentation by Region
• United States
• Canada
Company Profiles
• Asahi Kasei Corp.
• BASF SE
• China Petrochemical Corp. (Sinopec)
• DuPont de Nemours, Inc.
• Eastman Chemical Co.
• Koninklijke DSM N.V.,
• Mitsubishi Chemical Corp.
• Propex Operating Company, LLC
• Teijin Group
• Toray Industries, Inc.
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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