Market Overview:
The global bio-based synthetic fibers market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for bio-based synthetic fibers from various applications, such as clothing, protective areas, bags and suitcases, and others. In terms of type, PLA (polylactic acid) is expected to lead the global bio-based synthetic fibers market during the forecast period. This can be attributed to its properties such as biodegradability and environmental friendliness.
Product Definition:
Bio-based synthetic fibers are made from renewable biomass materials such as plant starch, cellulose, or lignin. They can be used to make fabrics, insulation, and other materials. Bio-based synthetic fibers have many advantages over traditional petroleum-based synthetic fibers. They are biodegradable and environmentally friendly. They also have a lower environmental impact than traditional fiber production methods.
PLA:
Polylactic Acid (PLA) is a biodegradable polymer produced from renewable resources, such as corn starch and sugar. It has a high melting point and good mechanical properties like strength, stiffness, toughness. PLA can be used to produce bio-based synthetic fibers that are stronger than glass fiber or carbon fiber. These fibers are lighter than those made from petroleum-based plastics such as PETG or HDPE and have similar chemical & thermal resistance properties of polyester or nylon fabrics.
PTT:
PTT is a chemical that acts as an intermediate in the production of bio-based synthetic fibers. It is also used to produce specialty chemicals and pharmaceuticals.
Application Insights:
The clothing application segment led the global market in 2017. The demand is projected to be fueled by growing textile industry and increasing disposable income of consumers. Increasing use of bio-based synthetic fibers in manufacturing apparel, such as t-shirts, polo shirts, tracksuits and other sports apparel is expected to drive the demand further.
The protective areas application segment accounted for a significant share in 2017 owing to its high strength against abrasion and impact resistance properties compared with natural animal fiber products used worldwide.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and is expected to maintain its position over the forecast period. The region accounts for a major share of global population and has been witnessing rapid urbanization, which has resulted in an increasing demand for protective clothing, such as bulletproof vests, helmets, safety shoes among others. Increasing disposable income coupled with growing consumer awareness regarding bio-based products is anticipated to drive the market growth over the forecast period.
North America accounted for a significant share of revenue in 2017 owing to early adoption of bio-based synthetic fibers across various applications by manufacturers located within this region. Rising concerns regarding product sustainability along with stringent regulations aimed at reducing carbon footprint are projected to further propel product demand within North America during the forecast period.
The European market also held a considerable revenue share in 2017 due to rising environmental concerns pertainingto textiles.
Growth Factors:
- Increasing demand from the apparel industry for bio-based synthetic fibers as they are eco-friendly and sustainable.
- Rising awareness about the benefits of using bio-based synthetic fibers among consumers.
- Growing research and development activities in the field of bio-based synthetic fibers that is resulting in new product launches.
- Proliferation of online retail channels that is aiding in increasing sales of bio-based synthetic fibers products globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bio-based Synthetic Fibers Market Research Report
By Type
PLA, PTT, PET, PA, Others
By Application
Clothing, Protective Areas, Bags and Suitcases, Other
By Companies
Dupont, Cathay Industrial Biotech, Lenzing, Fulgar, BASF, TORAY, Haixing, CHTC, Poloao, Hismer, Knitting Industry
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Bio-based Synthetic Fibers Market Report Segments:
The global Bio-based Synthetic Fibers market is segmented on the basis of:
Types
PLA, PTT, PET, PA, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Clothing, Protective Areas, Bags and Suitcases, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dupont
- Cathay Industrial Biotech
- Lenzing
- Fulgar
- BASF
- TORAY
- Haixing
- CHTC
- Poloao
- Hismer
- Knitting Industry
Highlights of The Bio-based Synthetic Fibers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PLA
- PTT
- PET
- PA
- Others
- By Application:
- Clothing
- Protective Areas
- Bags and Suitcases
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bio-based Synthetic Fibers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bio-based synthetic fibers are made from natural or renewable resources, such as corn, soybeans, and sugarcane. These materials are processed into a variety of products including fabrics and insulation.
Some of the major companies in the bio-based synthetic fibers market are Dupont, Cathay Industrial Biotech, Lenzing, Fulgar, BASF, TORAY, Haixing, CHTC, Poloao, Hismer, Knitting Industry.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bio-based Synthetic Fibers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bio-based Synthetic Fibers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bio-based Synthetic Fibers Market - Supply Chain
4.5. Global Bio-based Synthetic Fibers Market Forecast
4.5.1. Bio-based Synthetic Fibers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bio-based Synthetic Fibers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Bio-based Synthetic Fibers Market Absolute $ Opportunity
5. Global Bio-based Synthetic Fibers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Bio-based Synthetic Fibers Market Size and Volume Forecast by Type
5.3.1. PLA
5.3.2. PTT
5.3.3. PET
5.3.4. PA
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Bio-based Synthetic Fibers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Bio-based Synthetic Fibers Market Size and Volume Forecast by Application
6.3.1. Clothing
6.3.2. Protective Areas
6.3.3. Bags and Suitcases
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Bio-based Synthetic Fibers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Bio-based Synthetic Fibers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Bio-based Synthetic Fibers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Bio-based Synthetic Fibers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Bio-based Synthetic Fibers Demand Share Forecast, 2019-2026
9. North America Bio-based Synthetic Fibers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Bio-based Synthetic Fibers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Bio-based Synthetic Fibers Market Size and Volume Forecast by Application
9.4.1. Clothing
9.4.2. Protective Areas
9.4.3. Bags and Suitcases
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Bio-based Synthetic Fibers Market Size and Volume Forecast by Type
9.7.1. PLA
9.7.2. PTT
9.7.3. PET
9.7.4. PA
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Bio-based Synthetic Fibers Demand Share Forecast, 2019-2026
10. Latin America Bio-based Synthetic Fibers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Bio-based Synthetic Fibers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Bio-based Synthetic Fibers Market Size and Volume Forecast by Application
10.4.1. Clothing
10.4.2. Protective Areas
10.4.3. Bags and Suitcases
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Bio-based Synthetic Fibers Market Size and Volume Forecast by Type
10.7.1. PLA
10.7.2. PTT
10.7.3. PET
10.7.4. PA
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Bio-based Synthetic Fibers Demand Share Forecast, 2019-2026
11. Europe Bio-based Synthetic Fibers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Bio-based Synthetic Fibers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Bio-based Synthetic Fibers Market Size and Volume Forecast by Application
11.4.1. Clothing
11.4.2. Protective Areas
11.4.3. Bags and Suitcases
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Bio-based Synthetic Fibers Market Size and Volume Forecast by Type
11.7.1. PLA
11.7.2. PTT
11.7.3. PET
11.7.4. PA
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Bio-based Synthetic Fibers Demand Share, 2019-2026
12. Asia Pacific Bio-based Synthetic Fibers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Bio-based Synthetic Fibers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Bio-based Synthetic Fibers Market Size and Volume Forecast by Application
12.4.1. Clothing
12.4.2. Protective Areas
12.4.3. Bags and Suitcases
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Bio-based Synthetic Fibers Market Size and Volume Forecast by Type
12.7.1. PLA
12.7.2. PTT
12.7.3. PET
12.7.4. PA
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Bio-based Synthetic Fibers Demand Share, 2019-2026
13. Middle East & Africa Bio-based Synthetic Fibers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Bio-based Synthetic Fibers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Bio-based Synthetic Fibers Market Size and Volume Forecast by Application
13.4.1. Clothing
13.4.2. Protective Areas
13.4.3. Bags and Suitcases
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Bio-based Synthetic Fibers Market Size and Volume Forecast by Type
13.7.1. PLA
13.7.2. PTT
13.7.3. PET
13.7.4. PA
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Bio-based Synthetic Fibers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Bio-based Synthetic Fibers Market: Market Share Analysis
14.2. Bio-based Synthetic Fibers Distributors and Customers
14.3. Bio-based Synthetic Fibers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dupont
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cathay Industrial Biotech
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lenzing
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fulgar
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BASF
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. TORAY
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Haixing
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CHTC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Poloao
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hismer
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Knitting Industry
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
