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Synthetic Fibers Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence
As per the study initiated by Evolve Business Intelligence, the global Synthetic Fibers Market size accounted for USD 66.11 billion in 2022, growing at a CAGR of 7.9% from 2023 to 2033. Synthetic fibers are man-made fibers produced from petrochemicals, which are obtained from natural gas and petroleum by-products. These fibers are made by joining together many small units of chemical substances to form polymers. Examples of synthetic fibers include nylon, polyester, and rayon. They are known for their durability, strength, and resistance to wear and tear. Synthetic fibers have various advantages, such as being easy to maintain, quick to wash and dry, and relatively cheaper than natural fibers. They are used in a wide range of applications, including clothing, household articles, and industrial products.Request Free Sample Report or PDF Copy: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=022185
Key Highlights:
• The global Synthetic Fibers Market size was valued at USD 66.11 billion in 2022 growing at a CAGR of 7.9% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Synthetic Fibers Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..
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Key Players
Some of the major Synthetic Fibers Market players holding high market shares include Lenzing AG, Toyobo Co. Ltd, Bombay Dyeing Inc. and Reliance Industries Limited. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Lenzing AG
• Toyobo Co. Ltd
• Bombay Dyeing Inc.
• Reliance Industries Limited
• Toray Chemical Korea, Inc.
• TEIJIN LIMITED
• China Petrochemical Corporation
• Mitsubishi Chemical Corporation
• DuPont
• Indorama Corporation
Segmental Analysis
Market Segment By Type
• Polyolefin Fibers
• Polyester Fibers
• Carbon Fibers
• Aramid Fibers
• UHMWPE Fibers
• Acrylic Fibers
• Nylon Fibers
• Others
Market Segment By Application
• Clothing
• Home Furnishing
• Automotive
• Aerospace & Defense
• Filtration
• Others
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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.
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