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Synthetic Fabric Market Analysis and Forecast to 2033: COVID-19 and Post-COVID Impact, Opportunities and Trends

08-05-2024 10:35 AM CET | Fashion, Lifestyle, Trends

Press release from: Evolve Business Intelligence

Evolve Business Intelligence

Evolve Business Intelligence

The global Synthetic Fabric market, valued at $1.54 billion in 2023, is poised for substantial growth, projected to expand at a compound annual growth rate (CAGR) of 7.54% through 2033. This growth is primarily driven by ongoing technological advancements in fabric manufacturing, which enhance performance characteristics such as durability, flexibility, and moisture-wicking. However, the market faces challenges from shifting consumer preferences towards natural fibers, which are perceived as more environmentally friendly and sustainable. Despite this, opportunities abound, particularly in the growing demand for sustainable and eco-friendly synthetic fabrics. Innovations aimed at improving the environmental footprint of synthetic materials, along with increasing consumer awareness about sustainability, are expected to drive future market expansion.

For More Information: https://evolvebi.com/report/synthetic-fabric-market-analysis/

The report includes 10 key players in the Synthetic Fabric market ecosystem that have been strategically profiled, along with the market ranking/share for major players. The key players profiled in the report are:
• Admiral Sportswear
• BASF SE
• Bayer AG
• BP Amono Plc.
• Bridgestone Corporation
• DuPont (EI) de Nemours
• Far Eastern Group
• Fila Inc.
• Sunflag Nigeria Limited
• Univex SA

The competitive landscape of the Synthetic Fabric market features several key players, each contributing to the sector's dynamic growth. BASF SE and DuPont (EI) de Nemours are prominent for their extensive R&D capabilities, driving innovations in synthetic fibers and materials. Bayer AG and Bridgestone Corporation leverage their expertise in advanced materials and chemicals to enhance fabric performance and durability. BP Amono Plc. and Far Eastern Group are notable for their large-scale manufacturing and distribution networks, enabling widespread market reach. Fila Inc. and Admiral Sportswear are influential in the sportswear segment, incorporating synthetic fabrics to meet performance and comfort demands. Sunflag Nigeria Limited and Univex SA are significant regional players, contributing to local market development and growth. This competitive landscape underscores a blend of innovation, production capability, and market presence, driving the expansion and evolution of synthetic fabrics.

For sample report pages - https://evolvebi.com/report/synthetic-fabric-market-analysis/

Market Segment By Product with focus on market share, consumption trend, and growth rate of Synthetic Fabric Market:
o Aramid Fabric
o Carbon Fabric
o Glass Fabric

Market Segment By application with focus on market share, consumption trend, and growth rate of Synthetic Fabric Market:
o Defense
o Aerospace
o Industrial
o Sports Goods
o Automotive
o Renewable energy
o Others

Global Synthetic Fabric Geographic Coverage:
• North America
o US
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Benelux
o Nordic
o Rest of Europe

• Asia Pacific
o China
o Japan
o South Korea
o Indonesia
o Austalia
o Malaysia
o India
o Rest of Asia Pacific

• South America
o Brazil
o Argentina
o Rest of South America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of the Middle East & Africa

For any customization, contact us through - https://evolvebi.com/report/synthetic-fabric-market-analysis/

Key Matrix for Latest Report Update
• Base Year: 2023
• Estimated Year: 2024
• CAGR: 2024 to 2034

Evolve Business Intelligence
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Gujarat 396191
India
Contact: +91 635 396 3987
Email: sales@evolvebi.com
Website: https://evolvebi.com/

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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