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Lucintel Forecasts The Global Synthetic Fibre Market To Grow With A Cagr Of 5.9% From 2024 To 2031
According to a market report by Lucintel, the future of the global synthetic fibre market looks promising with opportunities in the textile, automotive, construction, consumer good, healthcare, and geotextile markets. The global synthetic fibre market is expected to grow with a CAGR of 5.9% from 2024 to 2031. The major drivers for this market are the increasing demand for cost-effective textile materials, the rising popularity of eco-friendly synthetic fibres, and the growing use of synthetic fibres in apparel industry.
A more than 150-page report to understand trends, opportunity and forecast in global synthetic fibre market to 2031 by type (polyester, nylon, acrylic, polypropylene, and others), form (filament, staple fiber, and tow fiber), application (clothing, home furnishings, industrial, medical, agricultural, and others), end use (textiles, automotive, construction, consumer goods, healthcare, geotextiles, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, polyester is expected to witness the highest growth over the forecast ...
... period.
Within the end use category, textile is expected to witness the highest growth.
Download sample by clicking on synthetic fibre market.
In terms of region, North America is expected to witness the highest growth over the forecast period.
Aditya Birla Group, BASF, DuPont, Eastman Chemical Company, Huntsman Corporation, Invista, Lenzing, Mitsubishi Chemical Corporation, Reliance Industries Limited, SABIC are the major suppliers in the synthetic fibre market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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