Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Synthetic Fabrics Market by Type (Polyester Type, Nylon Type, Acrylic Type, Rayon Type, Spandex Type, Others), By Application (Apparel, Home Textile, Industrial Use, Others Application) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Synthetic Fabrics Market by Type (Polyester Type, Nylon Type, Acrylic Type, Rayon Type, Spandex Type, Others), By Application (Apparel, Home Textile, Industrial Use, Others Application) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 131968 3300 Chemical & Material 377 247 Pages 4.7 (36)
                                          

Market Overview:


The global synthetic fabrics market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to the increasing demand for synthetic fabrics from various end-use industries such as apparel, home textile, and industrial use. In terms of type, polyester type is expected to hold a major share in the global synthetic fabrics market during the forecast period. This can be attributed to its properties such as durability, wrinkle resistance, and colorfastness. Nylon type is also anticipated to witness significant growth during the forecast period owing to its properties such as strength and abrasion resistance.


Global Synthetic Fabrics Industry Outlook


Product Definition:


A synthetic fabric is a manufactured fiber created from man-made materials, as opposed to natural fibers such as wool or cotton. Synthetic fabrics are often associated with durability, affordability and easy care. They are commonly used in sportswear and home furnishings.


Polyester Type:


It has found widespread application in textiles and industrial products. Polyester type can be categorized into different types such as microfilament, staple fiber, and others based on their length and diameter.


Nylon Type:


Nylon has high resistance to abrasion, good tensile strength, excellent elasticity and durability. It also has good thermal stability which makes it suitable for manufacturing of industrial fabrics.


Application Insights:


The industry is segmented by application into apparel, home textile, industrial use and others. Apparel was the largest application segment in 2016 and accounted for over 60% of the overall market revenue that year. The growth of this segment can be attributed to increasing demand for clothing among youth from developing countries including China, India and Brazil. Rising consumer spending on luxury fashion products has also been a major factor driving industry expansion over the past few years.


The home textile sector is expected to witness significant growth in near future owing to rising demand for household textiles such as carpets and curtains among other products such as bed sheets and cushion covers which are manufactured using these man-made fibers.


Regional Analysis:


Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is projected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing product demand from developing countries such as China, India, and Japan. In addition, rising disposable income levels are anticipated to fuel the product demand further over the next eight years.


The growth in Europe can be attributed mainly to synthetic fabrics used for apparel applications due their properties such as lightweight and moisture-repellent nature that make them suitable for use in outdoor clothing including jackets, pants, vests etc.


Growth Factors:


  • Increasing demand for synthetic fabrics from the apparel industry as they are durable, wrinkle-free and easy to care for.
  • Rising disposable income of consumers in developing countries is fueling the demand for luxury clothing made from synthetic fabrics.
  • Growing popularity of athleisure wear is also contributing to the growth of synthetic fabrics market as these garments require less maintenance and are more comfortable to wear than traditional clothes.
  • Technological advancements in fabric production processes are resulting in development of new types of synthetic fabrics that are better suited for specific applications such as sportswear, outdoor gear, etc.
  • increasing awareness about environmental benefits offered by synthetic fabrics over natural fibers is prompting many consumers to switch over to them

Scope Of The Report

Report Attributes

Report Details

Report Title

Synthetic Fabrics Market Research Report

By Type

Polyester Type, Nylon Type, Acrylic Type, Rayon Type, Spandex Type, Others

By Application

Apparel, Home Textile, Industrial Use, Others Application

By Companies

Far Eastern New Century, Deyongjia Textile, Yongtong Group, Texhong Textile, Reliance Industries, Toray, ShangTex, Formosa Taffeta, Luthai Textile, Weiqiao Textile, Jinsuo Textile, Hyosung, Shahlon Group, Chinatex Corp, ECLAT, Ruby Mills, Chori Co., Ltd, Hongfa Group, Georg+Otto Friedrich

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

247

Number of Tables & Figures

173

Customization Available

Yes, the report can be customized as per your need.


Global Synthetic Fabrics Market Report Segments:

The global Synthetic Fabrics market is segmented on the basis of:

Types

Polyester Type, Nylon Type, Acrylic Type, Rayon Type, Spandex Type, 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

Apparel, Home Textile, Industrial Use, Others Application

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:

  1. Far Eastern New Century
  2. Deyongjia Textile
  3. Yongtong Group
  4. Texhong Textile
  5. Reliance Industries
  6. Toray
  7. ShangTex
  8. Formosa Taffeta
  9. Luthai Textile
  10. Weiqiao Textile
  11. Jinsuo Textile
  12. Hyosung
  13. Shahlon Group
  14. Chinatex Corp
  15. ECLAT
  16. Ruby Mills
  17. Chori Co., Ltd
  18. Hongfa Group
  19. Georg+Otto Friedrich

Global Synthetic Fabrics Market Overview


Highlights of The Synthetic Fabrics Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Alpha Hydroxy Acid for Cosmetic Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Polyester Type
    2. Nylon Type
    3. Acrylic Type
    4. Rayon Type
    5. Spandex Type
    6. Others
  1. By Application:

    1. Apparel
    2. Home Textile
    3. Industrial Use
    4. Others Application
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Synthetic Fabrics 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

Global Synthetic Fabrics Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available
                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Synthetic Fabrics 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. Synthetic Fabrics Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Synthetic Fabrics Market - Supply Chain
   4.5. Global Synthetic Fabrics Market Forecast
      4.5.1. Synthetic Fabrics Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Synthetic Fabrics Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Synthetic Fabrics Market Absolute $ Opportunity

5. Global Synthetic Fabrics 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. Synthetic Fabrics Market Size and Volume Forecast by Type
      5.3.1. Polyester Type
      5.3.2. Nylon Type
      5.3.3. Acrylic Type
      5.3.4. Rayon Type
      5.3.5. Spandex Type
      5.3.6. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Synthetic Fabrics 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. Synthetic Fabrics Market Size and Volume Forecast by Application
      6.3.1. Apparel
      6.3.2. Home Textile
      6.3.3. Industrial Use
      6.3.4. Others Application
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Synthetic Fabrics 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. Synthetic Fabrics 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 Synthetic Fabrics 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. Synthetic Fabrics 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 Synthetic Fabrics Demand Share Forecast, 2019-2029

9. North America Synthetic Fabrics 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 Synthetic Fabrics 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 Synthetic Fabrics Market Size and Volume Forecast by Application
      9.4.1. Apparel
      9.4.2. Home Textile
      9.4.3. Industrial Use
      9.4.4. Others Application
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Synthetic Fabrics Market Size and Volume Forecast by Type
      9.7.1. Polyester Type
      9.7.2. Nylon Type
      9.7.3. Acrylic Type
      9.7.4. Rayon Type
      9.7.5. Spandex Type
      9.7.6. 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 Synthetic Fabrics Demand Share Forecast, 2019-2029

10. Latin America Synthetic Fabrics 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 Synthetic Fabrics 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 Synthetic Fabrics Market Size and Volume Forecast by Application
      10.4.1. Apparel
      10.4.2. Home Textile
      10.4.3. Industrial Use
      10.4.4. Others Application
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Synthetic Fabrics Market Size and Volume Forecast by Type
      10.7.1. Polyester Type
      10.7.2. Nylon Type
      10.7.3. Acrylic Type
      10.7.4. Rayon Type
      10.7.5. Spandex Type
      10.7.6. 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 Synthetic Fabrics Demand Share Forecast, 2019-2029

11. Europe Synthetic Fabrics 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 Synthetic Fabrics 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 Synthetic Fabrics Market Size and Volume Forecast by Application
      11.4.1. Apparel
      11.4.2. Home Textile
      11.4.3. Industrial Use
      11.4.4. Others Application
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Synthetic Fabrics Market Size and Volume Forecast by Type
      11.7.1. Polyester Type
      11.7.2. Nylon Type
      11.7.3. Acrylic Type
      11.7.4. Rayon Type
      11.7.5. Spandex Type
      11.7.6. 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 Synthetic Fabrics Demand Share, 2019-2029

12. Asia Pacific Synthetic Fabrics 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 Synthetic Fabrics 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 Synthetic Fabrics Market Size and Volume Forecast by Application
      12.4.1. Apparel
      12.4.2. Home Textile
      12.4.3. Industrial Use
      12.4.4. Others Application
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Synthetic Fabrics Market Size and Volume Forecast by Type
      12.7.1. Polyester Type
      12.7.2. Nylon Type
      12.7.3. Acrylic Type
      12.7.4. Rayon Type
      12.7.5. Spandex Type
      12.7.6. 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 Synthetic Fabrics Demand Share, 2019-2029

13. Middle East & Africa Synthetic Fabrics 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 Synthetic Fabrics 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 Synthetic Fabrics Market Size and Volume Forecast by Application
      13.4.1. Apparel
      13.4.2. Home Textile
      13.4.3. Industrial Use
      13.4.4. Others Application
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Synthetic Fabrics Market Size and Volume Forecast by Type
      13.7.1. Polyester Type
      13.7.2. Nylon Type
      13.7.3. Acrylic Type
      13.7.4. Rayon Type
      13.7.5. Spandex Type
      13.7.6. 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 Synthetic Fabrics Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Synthetic Fabrics Market: Market Share Analysis
   14.2. Synthetic Fabrics Distributors and Customers
   14.3. Synthetic Fabrics Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Far Eastern New Century
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Deyongjia Textile
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Yongtong Group
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Texhong Textile
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Reliance Industries
         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. ShangTex
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Formosa Taffeta
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Luthai Textile
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Weiqiao Textile
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Jinsuo Textile
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Hyosung
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Shahlon Group
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Chinatex Corp
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. ECLAT
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Ruby Mills
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. Chori Co., Ltd
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. Hongfa Group
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. Georg+Otto Friedrich
         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

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