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Synthetic Fibers Market Analysis, Segmentation, Top Challenges And Future Business Growth By 2030
Synthetic Fibers Market
The synthetic fibers market report describes and explains the global synthetic fibers market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The synthetic fibers market consists of sales of synthetic fibers. Fibers are man-made textile synthetic fibers which are usually made from natural materials, such as rayon and acetate from cellulose, or regenerated protein synthetic fibers from zein or casein, as well as fully synthetic synthetic fibers such as nylon or acrylic synthetic fibers.
The global synthetic fibers market is expected to grow from $108.94 billion in 2020 to $129.87 billion in 2021 at a compound annual growth rate (CAGR) of 19.2%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $134.07 billion in 2025 at a CAGR of 1%.
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Some of the major players of the synthetic fibers market are Bombay Dyeing, E. I. du Pont de Nemours and Company, Indorama Corporation, Lenzing AG, Mitsubishi Chemical Holdings Corporation, Reliance Industries Limited, China Petroleum Corporation (Sinopec Corp.), Teijin Limited.
The countries covered in the global synthetic fibers market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global synthetic fibers market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global synthetic fibers market is segmented -
1) By Type: Polyester, Nylon, Acrylics, Polyolefin, Others
2) By Application: Clothing, Home Furnishing, Automotive, Filtration, Others
3) By Distribution Channel: Online, Offline
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Few Points From Table Of Content
1. Executive Summary
2. Synthetic Fibers Market Characteristics
3. Synthetic Fibers Market Trends And Strategies
4. Impact Of COVID-19 On Synthetic Fibers
5. Synthetic Fibers Market Size And Growth
.....
27. Synthetic Fibers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Synthetic Fibers Market
29. Synthetic Fibers Market Future Outlook and Potential Analysis
30. Appendix
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