Synthetic Fibers Market Research Report-Global Forecast till 2030

Synthetic Fibers Market Research Report by Type (Polyester, Nylon, Polyolefin, and Others), Application (Clothing, Home Furnishing, Automotive, and Others), and Region (North America, APAC, Europe, RoW)-Global Forecast to 2030

ID: MRFR/CnM/3846-CR | February, 2021 | Region : Bric

1 Executive Summary


2 Market Introduction

2.1 Definition 18

2.2 Scope of the Study 18

2.3 List of Assumptions 19

2.4 Market Structure 19

3 Market Insights

3.1 Key Takeaways 21

4 Research Methodology

4.1 Research Process 25

4.2 Primary Research 26

4.3 Secondary Research 27

4.4 Market Size Estimation 27

4.5 Forecast Model 28

5 Market Dynamics

5.1 Introduction 30

5.2 Drivers 31

5.2.1 Drivers Impact Analysis 31

5.2.2 Increasing Consumer Interest in Home Furnishings 31

5.2.3 Rising Demand for Automotive Interior Materials 32

5.3 Restraints 32

5.3.1 Restraints Impact Analysis 32

5.3.2 Volatility in the Prices and Availability of Raw Materials 33

5.4 Opportunities 33

5.4.1 Emergence of Greener Synthetic Fibers 33

5.5 Challenge 33

5.5.1 Stringent Environmental Regulations 33

6 Market Factor Analysis

6.1 Supply Chain Analysis 35

6.1.1 Raw Material Suppliers 35

6.1.2 Synthetic Fiber Manufacturers 35

6.1.3 Distribution Channel 36

6.1.4 Applications 36

6.2 Porter’s Five Forces Analysis 36

6.2.1 Threat of New Entrants 36

6.2.2 Threat of Rivalry 36

6.2.3 Threat of Substitutes 37

6.2.4 Bargaining Power of Suppliers 37

6.2.5 Bargaining Power of Buyers 37

7 Global Synthetic Fiber Market, by Type

7.1 Introduction 39

7.2 Polyester 41

7.3 Nylon 42

7.4 Polyolefin 43

7.5 Acrylic 44

7.6 Others 45

8 Global Synthetic Fiber Market, by Application

8.1 Introduction 47

8.2 Clothing 49

8.3 Home Furnishing 50

8.4 Automotive 51

8.5 Filtration 52

8.6 Others 53

9 Global Synthetic Fiber Market, by Region

9.1 Introduction 55

9.2 North America 56

9.2.1 U.S. 59

9.2.2 Canada 61

9.3 Europe 63

9.3.1 Germany 66

9.3.2 UK 68

9.3.3 France 70

9.3.4 Spain 72

9.3.5 Italy 74

9.3.6 Russia 76

9.3.7 Belgium 78

9.3.8 The Netherlands 80

9.3.9 Poland 82

9.3.10 Rest of Europe 84

9.4 Asia Pacific 86

9.4.1 China 89

9.4.2 Japan 91

9.4.3 India 93

9.4.4 Australia & New Zealand 95

9.4.5 South Korea 97

9.4.6 ASEAN 99

9.4.7 Rest of Asia Pacific 101

9.5 Latin America 103

9.5.1 Mexico 106

9.5.2 Argentina 108

9.5.3 Brazil 110

9.5.4 Rest of Latin America 112

9.6 The Middle East and Africa 114

9.6.1 Turkey 117

9.6.2 UAE 119

9.6.3 Saudi Arabia 121

9.6.4 Egypt 123

9.6.5 South Africa 125

9.6.6 Rest of Middle East and Africa 127

10 Competitive Landscape

10.1 Introduction 131

10.2 Market Strategy Analysis 131

10.3 Key Developments of Market Players 132

11 Company Profiles

11.1 Bombay Dyeing Inc. 136

11.1.1 Company Overview 136

11.1.2 Financial Overview 136

11.1.3 Products Offered 137

11.1.4 Key Developments 137

11.1.5 SWOT Analysis 137

11.1.6 Key Strategies 137


11.2 DowDuPont 138

11.2.1 Company Overview 138

11.2.2 Financial Overview 138

11.2.3 Products Offered 139

11.2.4 Key Developments 139

11.2.5 SWOT Analysis 139

11.2.6 Key Strategies 139

11.3 Lenzing AG 140

11.3.1 Company Overview 140

11.3.2 Financial Overview 140

11.3.3 Products Offered 141

11.3.4 Key Developments 141

11.3.5 SWOT Analysis 141

11.3.6 Key Strategies 141

11.4 Toyobo Co. Ltd 142

11.4.1 Company Overview 142

11.4.2 Financial Overview 142

11.4.3 Products Offered 143

11.4.4 Key Developments 143

11.4.5 SWOT Analysis 143

11.4.6 Key Strategies 143

11.5 Mitsubishi Chemical Holdings Corporation 144

11.5.1 Company Overview 144

11.5.2 Financial Overview 144

11.5.3 Products Offered 145

11.5.4 Key Developments 145

11.5.5 SWOT Analysis 145

11.5.6 Key Strategies 145

11.6 Teijin Limited 146

11.6.1 Company Overview 146

11.6.2 Financial Overview 146

11.6.3 Products Offered 147

11.6.4 Key Developments 147

11.6.5 SWOT Analysis 148

11.6.6 Key Strategies 148

11.7 Reliance Industries Limited 149

11.7.1 Company Overview 149

11.7.2 Financial Overview 149

11.7.3 Products Offered 150

11.7.4 Key Developments 150

11.7.5 SWOT Analysis 150

11.7.6 Key Strategies 150

11.8 Toray Chemical Korea, Inc. 151

11.8.1 Company Overview 151

11.8.2 Financial Overview 151

11.8.3 Products Offered 152

11.8.4 Key Developments 152

11.8.5 SWOT Analysis 153

11.8.6 Key Strategies 153

11.9 Indorama Corporation 154

11.9.1 Company Overview 154

11.9.2 Financial Overview 154

11.9.3 Products Offered 155

11.9.4 Key Developments 155

11.9.5 SWOT Analysis 155

11.9.6 Key Strategies 155

11.10 China Petrochemical Corporation 156

11.10.1 Company Overview 156

11.10.2 Financial Overview 156

11.10.3 Products Offered 157

11.10.4 Key Developments 157

11.10.5 SWOT Analysis 157

11.10.6 Key Strategies 157

12 Conclusion

12.1 Key Findings 159

13 List of Tables

TABLE 1 MARKET SYNOPSIS 16

TABLE 2 LIST OF ASSUMPTIONS 19

TABLE 3 GLOBAL SYNTHETIC FIBERS, BY TYPE, 2020-2027(USD MILLION) 39

TABLE 4 GLOBAL SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 40

TABLE 5 GLOBAL SYNTHETIC FIBERS MARKET FOR POLYESTER, BY REGION, 2020-2027(USD MILLION) 41

TABLE 6 GLOBAL SYNTHETIC FIBERS MARKET FOR POLYESTER, BY REGION, 2020-2027(KILO TONS) 41

TABLE 7 GLOBAL SYNTHETIC FIBERS MARKET FOR NYLON, BY REGION, 2020-2027(USD MILLION) 42

TABLE 8 GLOBAL SYNTHETIC FIBERS MARKET FOR NYLON, BY REGION, 2020-2027(KILO TONS) 42

TABLE 9 GLOBAL SYNTHETIC FIBERS MARKET FOR POLYOLEFIN, BY REGION, 2020-2027(USD MILLION) 43

TABLE 10 GLOBAL SYNTHETIC FIBERS MARKET FOR POLYOLEFIN, BY REGION, 2020-2027(KILO TONS) 43

TABLE 11 GLOBAL SYNTHETIC FIBERS MARKET FOR ACRYLIC, BY REGION, 2020-2027(USD MILLION) 44

TABLE 12 +GLOBAL SYNTHETIC FIBERS MARKET FOR ACRYLIC, BY REGION, 2020-2027(KILO TONS) 44

TABLE 13 GLOBAL SYNTHETIC FIBERS MARKET FOR OTHERS, BY REGION, 2020-2027(USD MILLION) 45

TABLE 14 GLOBAL SYNTHETIC FIBERS MARKET FOR OTHERS, BY REGION, 2020-2027(KILO TONS) 45

TABLE 15 GLOBAL SYNTHETIC FIBERS, BY APPLICATION, 2020-2027(USD MILLION) 47

TABLE 16 GLOBAL SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 48

TABLE 17 GLOBAL SYNTHETIC FIBERS MARKET FOR CLOTHING, BY REGION, 2020-2027(USD MILLION) 49

TABLE 18 GLOBAL SYNTHETIC FIBERS MARKET FOR CLOTHING, BY REGION, 2020-2027(KILO TONS) 49

TABLE 19 GLOBAL SYNTHETIC FIBERSMARKET FOR HOME FURNISHING, BY REGION, 2020-2027(USD MILLION) 50

TABLE 20 GLOBAL SYNTHETIC FIBERS MARKET FOR HOME FURNISHING, BY REGION, 2020-2027(KILO TONS) 50

TABLE 21 GLOBAL SYNTHETIC FIBERS MARKET FOR AUTOMOTIVE, BY REGION, 2020-2027(USD MILLION) 51

TABLE 22 GLOBAL SYNTHETIC FIBERSMARKET FOR AUTOMOTIVE, BY REGION, 2020-2027(KILO TONS) 51

TABLE 23 GLOBAL SYNTHETIC FIBERS MARKET FOR FILTRATION, BY REGION, 2020-2027(USD MILLION) 52

TABLE 24 GLOBAL SYNTHETIC FIBERSMARKET FOR FILTRATION, BY REGION, 2020-2027(KILO TONS) 52

TABLE 25 GLOBAL SYNTHETIC FIBERS MARKET FOR OTHERS, BY REGION, 2020-2027(USD MILLION) 53

TABLE 26 GLOBAL SYNTHETIC FIBERS MARKET FOR OTHERS, BY REGION, 2020-2027(KILO TONS) 53

TABLE 27 GLOBAL SYNTHETIC FIBERS MARKET, BY REGION, 2020-2027(USD MILLION) 55

TABLE 28 GLOBAL SYNTHETIC FIBERS MARKET, BY REGION, 2020-2027(KILO TONS) 56

TABLE 29 NORTH AMERICA SYNTHETIC FIBERS MARKET, BY COUNTRY, 2020-2027(USD MILLION) 56

TABLE 30 NORTH AMERICA SYNTHETIC FIBERSMARKET, BY COUNTRY, 2020-2027(KILO TONS) 57

TABLE 31 NORTH AMERICA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 57

TABLE 32 NORTH AMERICA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 58

TABLE 33 NORTH AMERICA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 58

TABLE 34 NORTH AMERICA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 59

TABLE 35 U.S. SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 59

TABLE 36 U.S. SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 60

TABLE 37 U.S. SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 60

TABLE 38 U.S. SYNTHETIC FIBERSMARKET, BY APPLICATION, 2020-2027(KILO TONS) 61

TABLE 39 CANADA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 61

TABLE 40 CANADA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 62

TABLE 41 CANADA SYNTHETIC FIBERSMARKET, BY APPLICATION, 2020-2027(USD MILLION) 62

TABLE 42 CANADA SYNTHETIC FIBERSMARKET, BY APPLICATION, 2020-2027(KILO TONS) 63

TABLE 43 EUROPE SYNTHETIC FIBERS MARKET, BY COUNTRY, 2020-2027(USD MILLION) 63

TABLE 44 EUROPE SYNTHETIC FIBERS MARKET, BY COUNTRY, 2020-2027(KILO TONS) 64

TABLE 45 EUROPE SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 64

TABLE 46 EUROPE SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 65

TABLE 47 EUROPE SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 65

TABLE 48 EUROPE SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 66

TABLE 49 GERMANY SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 66

TABLE 50 GERMANY SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 67

TABLE 51 GERMANY SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 67

TABLE 52 GERMANY SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 68

TABLE 53 UK SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 68

TABLE 54 UK SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 69

TABLE 55 UK SYNTHETIC FIBERSMARKET, BY APPLICATION, 2020-2027(USD MILLION) 69

TABLE 56 UK SYNTHETIC FIBERSMARKET, BY APPLICATION, 2020-2027(KILO TONS) 70

TABLE 57 FRANCE SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 70

TABLE 58 FRANCE SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 71

TABLE 59 FRANCE SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 71

TABLE 60 FRANCE SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 72

TABLE 61 SPAIN SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 72

TABLE 62 SPAIN SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 73

TABLE 63 SPAIN SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 73

TABLE 64 SPAIN SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 74

TABLE 65 ITALY SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 74

TABLE 66 ITALY SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 75

TABLE 67 ITALY SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 75

TABLE 68 ITALY SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 76

TABLE 69 RUSSIA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 76

TABLE 70 RUSSIA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 77

TABLE 71 RUSSIA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 77

TABLE 72 RUSSIA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 78

TABLE 73 BELGIUM SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 78

TABLE 74 BELGIUM SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 79

TABLE 75 BELGIUM SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 79

TABLE 76 BELGIUM SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 80

TABLE 77 THE NETHERLANDS SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 80

TABLE 78 THE NETHERLANDS SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 81

TABLE 79 THE NETHERLANDS SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 81

TABLE 80 THE NETHERLANDS SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 82

TABLE 81 POLAND SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 82

TABLE 82 POLAND SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 83

TABLE 83 POLAND SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 83

TABLE 84 POLAND SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 84

TABLE 85 REST OF EUROPE SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 84

TABLE 86 REST OF EUROPE SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 85

TABLE 87 REST OF EUROPE SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 85

TABLE 88 REST OF EUROPE SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 86

TABLE 89 ASIA PACIFIC SYNTHETIC FIBERS MARKET, BY COUNTRY, 2020-2027(USD MILLION) 86

TABLE 90 ASIA PACIFIC SYNTHETIC FIBERS MARKET, BY COUNTRY, 2020-2027(KILO TONS) 87

TABLE 91 ASIA PACIFIC SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 87

TABLE 92 ASIA PACIFIC SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 88

TABLE 93 ASIA PACIFIC SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 88

TABLE 94 ASIA PACIFIC SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 89

TABLE 95 CHINA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 89

TABLE 96 CHINA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 90

TABLE 97 CHINA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 90

TABLE 98 CHINA SYNTHETIC FIBERSMARKET, BY APPLICATION, 2020-2027(KILO TONS) 91

TABLE 99 JAPAN SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 91

TABLE 100 JAPAN SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 92

TABLE 101 JAPAN SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 92

TABLE 102 JAPAN SYNTHETIC FIBERSMARKET, BY APPLICATION, 2020-2027(KILO TONS) 93

TABLE 103 INDIA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 93

TABLE 104 INDIA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 94

TABLE 105 INDIA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 94

TABLE 106 INDIA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 95

TABLE 107 AUSTRALIA & NEW ZEALAND SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 95

TABLE 108 AUSTRALIA & NEW ZEALAND SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 96

TABLE 109 AUSTRALIA & NEW ZEALAND SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 96

TABLE 110 AUSTRALIA & NEW ZEALAND SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 97

TABLE 111 SOUTH KOREA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 97

TABLE 112 SOUTH KOREA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 98

TABLE 113 SOUTH KOREA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 98

TABLE 114 SOUTH KOREA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 99

TABLE 115 ASEAN SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 99

TABLE 116 ASEAN SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 100

TABLE 117 ASEAN SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 100

TABLE 118 ASEAN SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 101

TABLE 119 REST OF ASIA PACIFIC SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 101

TABLE 120 REST OF ASIA PACIFIC SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 102

TABLE 121 REST OF ASIA PACIFIC SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 102

TABLE 122 REST OF ASIA PACIFIC SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 103

TABLE 123 LATIN AMERICA SYNTHETIC FIBERS MARKET, BY COUNTRY, 2020-2027(USD MILLION) 103

TABLE 124 LATIN AMERICA SYNTHETIC FIBERS MARKET, BY COUNTRY, 2020-2027(KILO TONS) 104

TABLE 125 LATIN AMERICA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 104

TABLE 126 LATIN AMERICA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 105

TABLE 127 LATIN AMERICA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 105

TABLE 128 LATIN AMERICA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 106

TABLE 129 MEXICO SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 106

TABLE 130 MEXICO SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 107

TABLE 131 MEXICO SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 107

TABLE 132 MEXICO SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 108

TABLE 133 ARGENTINA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 108

TABLE 134 ARGENTINA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 109

TABLE 135 ARGENTINA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 109

TABLE 136 ARGENTINA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 110

TABLE 137 BRAZIL SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 110

TABLE 138 BRAZIL SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 111

TABLE 139 BRAZIL SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 111

TABLE 140 BRAZIL SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 112

TABLE 141 REST OF LATIN AMERICA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 112

TABLE 142 REST OF LATIN AMERICA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 113

TABLE 143 REST OF LATIN AMERICA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 113

TABLE 144 REST OF LATIN AMERICA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 114

TABLE 145 THE MIDDLE EAST AND AFRICA SYNTHETIC FIBERS MARKET, BY COUNTRY, 2020-2027(USD MILLION) 114

TABLE 146 THE MIDDLE EAST AND AFRICA SYNTHETIC FIBERS MARKET, BY COUNTRY, 2020-2027(KILO TONS) 115

TABLE 147 THE MIDDLE EAST AND AFRICA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 115

TABLE 148 THE MIDDLE EAST AND AFRICA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 116

TABLE 149 THE MIDDLE EAST AND AFRICA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 116

TABLE 150 THE MIDDLE EAST AND AFRICA SYNTHETIC FIBERSMARKET, BY APPLICATION, 2020-2027(KILO TONS) 117

TABLE 151 TURKEY SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 117

TABLE 152 TURKEY SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 118

TABLE 153 TURKEY SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 118

TABLE 154 TURKEY SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 119

TABLE 155 UAE SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 119

TABLE 156 UAE SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 120

TABLE 157 UAE SYNTHETIC FIBERSMARKET, BY APPLICATION, 2020-2027(USD MILLION) 120

TABLE 158 UAE SYNTHETIC FIBERSMARKET, BY APPLICATION, 2020-2027(KILO TONS) 121

TABLE 159 SAUDI ARABIA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 121

TABLE 160 SAUDI ARABIA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 122

TABLE 161 SAUDI ARABIA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 122

TABLE 162 SAUDI ARABIA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 123

TABLE 163 EGYPT SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 123

TABLE 164 EGYPT SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 124

TABLE 165 EGYPT SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 124

TABLE 166 EGYPT SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 125

TABLE 167 SOUTH AFRICA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 125

TABLE 168 SOUTH AFRICA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 126

TABLE 169 SOUTH AFRICA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 126

TABLE 170 SOUTH AFRICA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 127

TABLE 171 REST OF MIDDLE EAST AND AFRICA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 127

TABLE 172 REST OF MIDDLE EAST AND AFRICA SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 128

TABLE 173 REST OF MIDDLE EAST AND AFRICA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 128

TABLE 174 REST OF MIDDLE EAST AND AFRICA SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 129

TABLE 175 KEY DEVELOPMENTS 132

14 List of Figures

FIGURE 1 GLOBAL SYNTHETIC FIBER MARKET: MARKET STRUCTURE 19

FIGURE 2 NORTH AMERICA MARKET SIZE & MARKET SHARE BY COUNTRY (2020 VS 2023) 21

FIGURE 3 EUROPE MARKET SIZE & MARKET SHARE BY COUNTRY (2020 VS 2023) 21

FIGURE 4 ASIA PACIFIC & MARKET SHARE BY COUNTRY (2020 VS 2023) 22

FIGURE 5 LATIN AMERICA MARKET SIZE & MARKET SHARE BY COUNTRY (2020 VS 2023) 22

FIGURE 6 MIDDLE EAST & AFRICA MARKET SIZE & MARKET SHARE BY COUNTRY (2020 VS 2023) 23

FIGURE 7 RESEARCH PROCESS OF MRFR 25

FIGURE 8 TOP-DOWN AND BOTTOM-UP APPROACH 28

FIGURE 9 MARKET DYNAMICS OVERVIEW 30

FIGURE 10 DRIVERS IMPACT ANALYSIS: GLOBAL SYNTHETIC FIBER MARKET 31

FIGURE 11 RESTRAINTS IMPACT ANALYSIS: GLOBAL SYNTHETIC FIBER MARKET 32

FIGURE 12 SUPPLY CHAIN ANALYSIS OF THE GLOBAL SYNTHETIC FIBER MARKET 35

FIGURE 13 PORTER’S FIVE FORCES ANALYSIS OF THE GLOBAL SYNTHETIC FIBER MARKET 36

FIGURE 14 GLOBAL SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(USD MILLION) 39

FIGURE 15 GLOBAL SYNTHETIC FIBERS MARKET, BY TYPE, 2020-2027(KILO TONS) 40

FIGURE 16 GLOBAL SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(USD MILLION) 47

FIGURE 17 GLOBAL SYNTHETIC FIBERS MARKET, BY APPLICATION, 2020-2027(KILO TONS) 48

FIGURE 18 GLOBAL SYNTHETIC FIBERS MARKET BY REGION, 2020-2027(USD MILLION) 55

FIGURE 19 GLOBAL SYNTHETIC FIBERS MARKET BY REGION, 2020-2027(KILO TONS) 56

FIGURE 20 MARKET STRATEGY ANALYSIS 131

FIGURE 21 GLOBAL SYNTHETIC FIBER MARKET: REGIONAL SHARE, 2020, AND CAGR, 2020-2027(%) 160


Synthetic Fibers Market

Global Synthetic Fiber Market: Competitive Landscape


The prominent players in the global synthetic fiber market are DowDuPont (US), Bombay Dyeing (India), Indorama Corporation (Indonesia), Lenzing AG (Austria), Mitsubishi Chemical Holdings Corporation (Japan), Reliance Industries Limited (India), China Petroleum Corporation (China), Teijin Limited (Japan), Toray Chemical Korea, Inc. (Korea), and Toyobo Co., Ltd (Japan).


Teijin Limited (Japan), Toray Chemical Korea, Inc. (Korea), Toyobo Co., Ltd (Japan), Mitsubishi Chemical Holdings Corporation (Japan), and Reliance Industries Limited (India) collectively hold the majority share of the market. These players are adopting various strategies such as capacity expansions, mergers & acquisitions, investments, product launches, and joint ventures to maintain their market dominance and increase global presence. Among them, capacity expansions, acquisitions, and increasing profitability were the most widely used growth strategies in 2017.


Teijin Limited is a holding company and is engaged in advanced fibers and composites, electric materials, performance polymer products, healthcare, products converting, and IT divisions as part of the material business and healthcare business segments. In September 2017, Teijin developed a new linen-like fiber that is highly comfortable for outer clothing, jackets, bottoms, and blouses. In addition to this, it also launched new material in polyester fiber segment along with another product that was co-development of a new dyeable and flame-retardant meta aramid fiber. Furthermore, in December 2017, Teijin Limited established an R&D facility for fiber products including polyester fiber in Thailand. It also collaborated with Teijin’s polymerization and fibers R&D facility and Teijin Product Development China Co., Ltd located in Japan and China, respectively for product innovation. These collaboration, new product launch and expansion are expected to boost company’s portfolio and increase production in fibers and textiles business segment.


Reliance Industries Limited (RIL) is engaged in petrochemicals production, hydrocarbon exploration, petroleum refining, and digital services and retail. The company operates various businesses such as electronics, telecommunications, jewellery, apparel, footwear, hypermarkets as well as online retail portals. In October 2017, Reliance launched a new product namely, REIan in its apparel range, and also tied up with around 22 companies across various states including Punjab, Gujarat, Karnataka, West Bengal, and Tamil Nadu. With a large R & D facility, company is implementing various strategies such as product launch and expansions for increasing their business portfolio and strengthen their position in global and domestic market.


Toray Chemical Korea Inc. (Toray Chemical), one of the leading fibre companies in Asia-Pacific, manufactures, processes, and sells fibres and textiles, plastics, chemicals and IT-related products, carbon fibre composites materials, environment and engineering products, and life science products. In 2016, Toray Chemical expanded its production capacity of low melt polyester staple fiber (PSF) from 70,000 tons a year to 170,000 tons per year, making it the third largest company in the global market. This expansion was in line with the company’s strategy to expand its presence across the globe and increase their business sales.


Mitsubishi Chemical Holdings Corporation (Mitsubishi Chemical) is a leading manufacturer of fibers in Japan and worldwide. It operates through the performance products, industrial materials, and health care business segments in Japan and worldwide. The company’s performance products segment offers synthetic fiber as part of the fibers and textile sub-division of the advanced molding and composites division. There has been no recent development by the company in global synthetic fibre market.


Toyobo Co. Ltd (Toyobo) is a leading company in the textiles industry. The company operates through three major business segments—film and functional polymers, industrial materials, and healthcare and textile. It offers functional fibers consisting of airbag fabrics and polyester for tire cords, polyethylene, and PBO fibers. In February 2016, Toyobo extended its agreement with DSM to manufacture ultra-high molecular polyethylene fiber under the brand name Dyneema. This expansion is expected to boost the company’s business portfolio and increase their sales in Japan and worldwide.