Synthetic Fiber Market (Type: Polyester, Nylon, Acrylic, and Others; and End-use Industry: Industrial Use, Apparel, Home Furnishing, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2034
TMR's report on the global synthetic fiber market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2024 to 2034. The report provides revenue of the global synthetic fiber market for the period 2018-2034, considering 2024 as the base year and 2034 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global synthetic fiber market from 2024 to 2034.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the synthetic fiber market.
Market Snapshot
Market Value in 2023
US$ 66.9 Bn
Market Value in 2034
US$ 111.9 Bn
CAGR
4.8%
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global synthetic fiber market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global synthetic fiber market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global synthetic fiber market.
The report delves into the competitive landscape of the global synthetic fiber market. Key players operating in the global synthetic fiber market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global synthetic fiber market profiled in this report.
Key Questions Answered in Global synthetic fiber Market Report:
What is the sales/revenue generated by synthetic fiber across all regions during the forecast period?
What are the opportunities in the global synthetic fiber market?
What are the major drivers, restraints, opportunities, and threats in the market?
Which regional market is set to expand at the fastest CAGR during the forecast period?
Which segment is expected to generate the highest revenue globally in 2034?
Which segment is projected to expand at the highest CAGR during the forecast period?
What are the market positions of different companies operating in the global market?
Synthetic Fiber Market - Research Objectives and Research Approach
The comprehensive report on the global synthetic fiber market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global synthetic fiber market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2034 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global synthetic fiber market.
Table of Contents
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Key Facts and Figures
1.4. Trends Impacting Market
1.5. TMR's Growth Opportunity Wheel
2. Market Overview
2.1. Market Segmentation
2.2. Key Developments
2.3. Market Definitions
2.4. Key Market Trends
2.5. Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunities
2.6. Global Synthetic Fiber Market Analysis and Forecast, 2020-2034
2.6.1. Global Synthetic Fiber Market Volume (Thousand Tons)
2.6.2. Global Synthetic Fiber Market Revenue (US$ Mn)
2.7. Porter's Five Forces Analysis
2.8. Regulatory Landscape
2.9. Value Chain Analysis
2.9.1. List of Raw Material Suppliers
2.9.2. List of Key Manufacturers
2.9.3. List of Key Suppliers
2.9.4. List of Potential Customers
2.10. Product Specification Analysis
2.11. Production Overview
2.12. Cost Structure Analysis
3. Economic Recovery Analysis Post COVID-19 Impact
3.1. Impact on Supply Chain of Synthetic Fiber
3.2. Recovery in Demand for Synthetic Fiber -Post Crisis
4. Production Output Analysis (Thousand Tons), 2023
4.1. North America
4.2. Europe
4.3. Asia Pacific
4.4. Latin America
4.5. Middle East & Africa
5. Impact of Current Geopolitical Scenario on Market
6. Price Trend Analysis and Forecast (US$/Ton), 2020-2034
6.1. Price Trend Analysis by Type
6.2. Price Trend Analysis by Region
7. Global Synthetic Fiber Market Analysis and Forecast, by Type, 2020-2034
7.1. Introduction and Definitions
7.2. Global Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
7.2.1. Polyester
7.2.2. Nylon
7.2.3. Acrylic
7.2.4. Others
7.3. Global Synthetic Fiber Market Attractiveness, by Type
8. Global Synthetic Fiber Market Analysis and Forecast, by End-use Industry, 2020-2034
8.1. Introduction and Definitions
8.2. Global Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
8.2.1. Industrial Use
8.2.2. Apparel
8.2.3. Home Furnishing
8.2.4. Others
8.3. Global Synthetic Fiber Market Attractiveness, by End-use Industry
9. Global Synthetic Fiber Market Analysis and Forecast, by Region, 2020-2034
9.1. Key Findings
9.2. Global Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Region, 2020-2034
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Latin America
9.2.5. Middle East & Africa
9.3. Global Synthetic Fiber Market Attractiveness, by Region
10. North America Synthetic Fiber Market Analysis and Forecast, 2020-2034
10.1. Key Findings
10.2. North America Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
10.3. North America Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
10.4. North America Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Country, 2020-2034
10.4.1. U.S. Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
10.4.2. U.S. Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
10.4.3. Canada Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
10.4.4. Canada Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
10.5. North America Synthetic Fiber Market Attractiveness Analysis
11. Europe Synthetic Fiber Market Analysis and Forecast, 2020-2034
11.1. Key Findings
11.2. Europe Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
11.3. Europe Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
11.4. Europe Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2023-2034
11.4.1. Germany Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
11.4.2. Germany Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
11.4.3. France Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
11.4.4. France Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
11.4.5. U.K. Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
11.4.6. U.K. Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
11.4.7. Italy Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
11.4.8. Italy Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
11.4.9. Russia & CIS Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
11.4.10. Russia & CIS Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
11.4.11. Rest of Europe Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
11.4.12. Rest of Europe Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
11.5. Europe Synthetic Fiber Market Attractiveness Analysis
12. Asia Pacific Synthetic Fiber Market Analysis and Forecast, 2020-2034
12.1. Key Findings
12.2. Asia Pacific Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type
12.3. Asia Pacific Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
12.4. Asia Pacific Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2023-2034
12.4.1. China Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
12.4.2. China Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
12.4.3. Japan Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
12.4.4. Japan Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
12.4.5. India Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
12.4.6. India Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
12.4.7. ASEAN Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
12.4.8. ASEAN Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
12.4.9. Rest of Asia Pacific Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
12.4.10. Rest of Asia Pacific Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
12.5. Asia Pacific Synthetic Fiber Market Attractiveness Analysis
13. Latin America Synthetic Fiber Market Analysis and Forecast, 2020-2034
13.1. Key Findings
13.2. Latin America Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
13.3. Latin America Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
13.4. Latin America Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2023-2034
13.4.1. Brazil Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
13.4.2. Brazil Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
13.4.3. Mexico Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
13.4.4. Mexico Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
13.4.5. Rest of Latin America Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
13.4.6. Rest of Latin America Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
13.5. Latin America Synthetic Fiber Market Attractiveness Analysis
14. Middle East & Africa Synthetic Fiber Market Analysis and Forecast, 2020-2034
14.1. Key Findings
14.2. Middle East & Africa Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
14.3. Middle East & Africa Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
14.4. Middle East & Africa Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2023-2034
14.4.1. GCC Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
14.4.2. GCC Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
14.4.3. South Africa Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
14.4.4. South Africa Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
14.4.5. Rest of Middle East & Africa Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by Type, 2020-2034
14.4.6. Rest of Middle East & Africa Synthetic Fiber Market Volume (Thousand Tons) and Value (US$ Mn) Forecast, by End-use Industry, 2020-2034
14.5. Middle East & Africa Synthetic Fiber Market Attractiveness Analysis
15. Competition Landscape
15.1. Global Synthetic Fiber Market Company Share Analysis, 2023
15.2. Company Profiles
15.2.1. Asahi Kasei Corporation
15.2.1.1. Company Revenue
15.2.1.2. Business Overview
15.2.1.3. Product Segments
15.2.1.4. Geographic Footprint
15.2.1.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.1.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
15.2.2. Indorama Corporation
15.2.2.1. Company Revenue
15.2.2.2. Business Overview
15.2.2.3. Product Segments
15.2.2.4. Geographic Footprint
15.2.2.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.2.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
15.2.3. Toray Industries, Inc.
15.2.3.1. Company Revenue
15.2.3.2. Business Overview
15.2.3.3. Product Segments
15.2.3.4. Geographic Footprint
15.2.3.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.3.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
15.2.3.7. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
15.2.4. Mitsubishi Chemical Holdings Corporation
15.2.4.1. Company Revenue
15.2.4.2. Business Overview
15.2.4.3. Product Segments
15.2.4.4. Geographic Footprint
15.2.4.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.4.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
15.2.5. China Petroleum Corporation.
15.2.5.1. Company Revenue
15.2.5.2. Business Overview
15.2.5.3. Product Segments
15.2.5.4. Geographic Footprint
15.2.5.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.5.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
15.2.6. Reliance Industries Limited
15.2.6.1. Company Revenue
15.2.6.2. Business Overview
15.2.6.3. Product Segments
15.2.6.4. Geographic Footprint
15.2.6.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.6.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
15.2.7. Tongkun Group Co., Ltd.
15.2.7.1. Company Revenue
15.2.7.2. Business Overview
15.2.7.3. Product Segments
15.2.7.4. Geographic Footprint
15.2.7.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.7.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
15.2.8. Teijin Limited
15.2.8.1. Company Revenue
15.2.8.2. Business Overview
15.2.8.3. Product Segments
15.2.8.4. Geographic Footprint
15.2.8.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.8.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
15.2.9. Kolon Industries, Inc.
15.2.9.1. Company Revenue
15.2.9.2. Business Overview
15.2.9.3. Product Segments
15.2.9.4. Geographic Footprint
15.2.9.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.9.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
15.2.10. Eastman Chemical Company
15.2.10.1. Company Revenue
15.2.10.2. Business Overview
15.2.10.3. Product Segments
15.2.10.4. Geographic Footprint
15.2.10.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.10.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.