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Synthetic Fibers Global Market Report 2022 – By Type (Polyester, Nylon, Acrylics, Polyolefin, Other Types), By Application (Clothing, Home Furnishing, Automotive, Filtration, Other Applications), By Distribution Channel (Online, Offline) – Market Size, Trends, And Global Forecast 2022-2026

Starting Price : $4000.00 | Pages : 175 | Published : October 2022 | SKU CODE : 7290 | Delivery Time: 2-3 business days | Format :


The synthetic fibre market consists of sales of synthetic fibers. Fibers are man-made textile synthetic fibres that are usually made from natural materials, such as rayon and acetate from cellulose, or regenerated protein synthetic fibres from zein or casein, as well as fully synthetic fibres such as nylon or acrylic synthetic fibers.

The types of synthetic fibres are polyester, nylon, acrylics, polyolefin, and other types. Polyester is a group of polymers that consist basically of repeated units of an ester and are used mainly in making fibres or plastics. The applications involved are clothing, home furnishings, automotive, filtration, and other applications. The distribution channels are online and offline.

The synthetic fibres market research report is one of a series of new reports from The Business Research Company that provides synthetic fibres market statistics, including synthetic fibres industry global market size, regional shares, competitors with a synthetic fibres market share, detailed synthetic fibres market segments, market trends and opportunities, and any further data you may need to thrive in the synthetic fibres industry. This synthetic fibers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The global synthetic fibers market grew from $148.1 billion in 2021 to $159.42 billion in 2022 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The synthetic fibers market is expected to grow to $204.68 billion in 2026 at a CAGR of 6.4%.

Synthetic fibre is used in a broad range of applications, including the textile industry and home furnishings, owing to its physical and chemical properties such as high durability and stain-resistant characteristics. Polyester is one major fibre used in tires, belts, and hoses, whereas nylon is used for the preparation of carpets. According to a report, by 2030 it is expected that the consumption of polyester will be approximately three times that of cotton fiber. Thus, the increased usage of synthetic fibres in end-user industries is expected to drive the synthetic fibre market.

Synthetic fibres are non-biodegradable and affect the environment negatively. Fragmentation and withering of large synthetic fibres generate microplastics, which affect the ecosystem. Any plastic that is less than 5 mm in length is microplastic. Microplastics act as a medium through which harmful chemicals and micro-organisms enter the human body easily. According to a recent study that was started by the World Wildlife Fund and conducted by researchers at the University of Newcastle in Australia, it is estimated that people consume around 5 grammes of plastic a week, which is similar to a credit card. As a result, governments impose stringent regulations to curb the use of synthetic fibers, restraining the growth of the market.

Increased demand for lightweight and fuel-efficient materials or advanced composite materials is increasing the need for synthetic synthetic fibers. Synthetic fibres made from polymer aromatic polyamide are mainly of two types: para-aramid and meta-aramid. Aramids, UHME polyethylene, and POA are the major types of specialty synthetic synthetic fibers. Marine, medical, sporting goods, pressure vessels, and reinforcement materials industries are the significant applications for the specialty synthetic fibre market, and growth in these markets is driving the synthetic fibre market. For instance, some of the new products using synthetic synthetic fibres include bioplastics, plastic composites/nanocomposites, self-healing polymers, plastic electronics, and smart and reactive polymers.

In February 2022, Bast Fibre Technologies, a Canada-based textile engineering company, acquired Lumberton Cellulose for an undisclosed amount. This acquisition of the Lumberton facility diversifies BFT’s natural fibre offerings, allowing entry into complementary product categories for cosmetic cotton, filtration, hygiene, and other nonwoven applications. Lumberton Cellulose is a US-based manufacturer of premium natural fibers.

Major players in the synthetic fibers market are Bombay Dyeing, E. I. du Pont de Nemours and Company, Indorama Corporation, Lenzing AG, Mitsubishi Chemical Holdings Corporation, Reliance Industries Limited, China Petroleum Corporation (Sinopec Corp.), Teijin Limited, Toray Chemical Korea Inc, and Toyobo Co, Ltd.

Asia Pacific was the largest region in the synthetic fibers market in 2021. Western Europe was the second-largest region in the synthetic fibers market. The regions covered in the synthetic fibers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the synthetic fibers market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia.

The global synthetic fibers market is segmented -

1) By Type: Polyester, Nylon, Acrylics, Polyolefin, Other Types

2) By Application: Clothing, Home Furnishing, Automotive, Filtration, Other Applications

3) By Distribution Channel: Online, Offline

    Table Of Contents

    1. Executive Summary

    2. Synthetic Fibers Market Characteristics

    3. Synthetic Fibers Market Trends And Strategies

    4. Synthetic Fibers Market – Macro Economic Scenario

    4.1 COVID-19 Impact On Synthetic Fibers Market

    4.2 Ukraine-Russia War Impact On Synthetic Fibers Market

    4.3 Impact Of High Inflation On Synthetic Fibers Market

    5. Synthetic Fibers Market Size And Growth

    5.1. Global Synthetic Fibers Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Synthetic Fibers Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Synthetic Fibers Market Segmentation

    6.1. Global Synthetic Fibers Market, Segmentation  By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Polyester

    Nylon

    Acrylics

    Polyolefin

    Other Types

    6.2. Global Synthetic Fibers Market, Segmentation  By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Clothing

    Home Furnishing

    Automotive

    Filtration

    Other Applications

    6.3. Global Synthetic Fibers Market, Segmentation  By Distribution Channel, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Online

    Offline

    7. Synthetic Fibers Market Regional And Country Analysis

    7.1. Global Synthetic Fibers Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Synthetic Fibers Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Synthetic Fibers Market  

    8.1. Asia-Pacific Synthetic Fibers Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Synthetic Fibers Market  

    9.1. China Synthetic Fibers Market Overview  

    9.2. China Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Synthetic Fibers Market  

    10.1. India Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Synthetic Fibers Market  

    11.1. Japan Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Synthetic Fibers Market  

    12.1. Australia Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Synthetic Fibers Market  

    13.1. Indonesia Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Synthetic Fibers Market  

    14.1. South Korea Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Synthetic Fibers Market  

    15.1. Western Europe Synthetic Fibers Market Overview

    15.2. Western Europe Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Synthetic Fibers Market  

    16.1. UK Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Synthetic Fibers Market  

    17.1. Germany Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Synthetic Fibers Market  

    18.3. France Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Synthetic Fibers Market  

    19.1. Eastern Europe Synthetic Fibers Market Overview

    19.2. Eastern Europe Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Synthetic Fibers Market  

    20.1. Russia Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Synthetic Fibers Market  

    21.1. North America Synthetic Fibers Market Overview

    21.2. North America Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Synthetic Fibers Market  

    22.1. USA Synthetic Fibers Market Overview

    22.2. USA Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Synthetic Fibers Market  

    23.1. South America Synthetic Fibers Market Overview

    23.2. South America Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Synthetic Fibers Market  

    24.1. Brazil Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Synthetic Fibers Market  

    25.1. Middle East Synthetic Fibers Market Overview

    25.2. Middle East Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Synthetic Fibers Market  

    26.1. Africa Synthetic Fibers Market Overview

    26.2. Africa Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Synthetic Fibers Market Competitive Landscape And Company Profiles

    27.1. Synthetic Fibers Market Competitive Landscape

    27.2. Synthetic Fibers Market Company Profiles

    27.2.1. Bombay Dyeing

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. E. I. du Pont de Nemours and Company

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Indorama Corporation

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Lenzing AG

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Mitsubishi Chemical Holdings Corporation

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Synthetic Fibers Market

    29. Synthetic Fibers Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Synthetic Fibers Market, Segmentation  By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Synthetic Fibers Market, Segmentation  By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Synthetic Fibers Market, Segmentation  By Distribution Channel, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Synthetic Fibers Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Synthetic Fibers Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: China, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: India, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: Japan, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: Australia, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: Indonesia, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: South Korea, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Western Europe, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: UK, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Germany, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: France, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Eastern Europe, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: Russia, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: North America, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: USA, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: South America, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: Brazil, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: Middle East, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Africa, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: Bombay Dyeing Financial Performance
  • Table 28: E. I. du Pont de Nemours and Company Financial Performance
  • Table 29: Indorama Corporation Financial Performance
  • Table 30: Lenzing AG Financial Performance
  • Table 31: Mitsubishi Chemical Holdings Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Figure 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Figure 3: Global Synthetic Fibers Market, Segmentation  By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 4: Global Synthetic Fibers Market, Segmentation  By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 5: Global Synthetic Fibers Market, Segmentation  By Distribution Channel, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 6: Global Synthetic Fibers Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 7: Global Synthetic Fibers Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 8: Asia-Pacific, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 9: China, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 10: India, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 11: Japan, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 12: Australia, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 13: Indonesia, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 14: South Korea, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 15: Western Europe, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 16: UK, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 17: Germany, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 18: France, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 19: Eastern Europe, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 20: Russia, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 21: North America, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 22: USA, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 23: South America, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 24: Brazil, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 25: Middle East, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 26: Africa, Synthetic Fibers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 27: Bombay Dyeing Financial Performance
  • Figure 28: E. I. du Pont de Nemours and Company Financial Performance
  • Figure 29: Indorama Corporation Financial Performance
  • Figure 30: Lenzing AG Financial Performance
  • Figure 31: Mitsubishi Chemical Holdings Corporation Financial Performance
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