The global Synthetic Fabrics market was valued at 15.08 Million USD in 2021 and will grow with a CAGR of 2.75% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Synthetic fabrics are textiles made from man-made rather than natural fibers. Examples of synthetic fabrics include polyester, acrylic, nylon, rayon, acetate, spandex, latex, Orlon and Kevlar. Synthetic (chemically produced) fabrics are made by joining monomers into polymers, through a process called polymerization.The synthetic fabric market is expected to be driven by its high demand in fashion & apparel industry and high growth rate of construction and automotive industries, especially in emerging economies,. However, environmental concerns and threat from natural substitutes may restrain the market growth during the forecast period. Moreover, R&D activities on conductive textiles and nanotechnology in textiles are expected to provide potential growth opportunities. The global synthetic fabric market is segmented based on the basis of type, application, and geography. Based on type, it is divided into acetate fabric, acrylic fabric, chiffon fabric, denim fabric, georgette fabric, nylon fabric, polyester fabric, rayon fabric, spandex fabric, viscose fabric, and others. On the basis of application, it is classified into construction, automotive, healthcare, apparel, household, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

By Market Verdors:

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

By Types:

Polyester Type

Nylon Type

Acrylic Type

Rayon Type

Spandex Type

By Applications:

Apparel

Home Textile

Industrial Use

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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