Synthetic Fibers Market

Synthetic Fibers Market Research Report,
Synthetic fibers are man-made fibers produced from petrochemicals, which
possess qualities such as strength, durability, and elasticity. Synthetic fibers in
comparison with natural fibers possess superior properties. They are water and
stain resistant and also cost-effective. Synthetic fibers have a wide variety of
uses in commercial, industrial, outdoor, and indoor applications along with
apparels. Synthetic fibers can be dried easily, easier to wash, and has good
elasticity, which makes it comfortable to wear.
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The demand for synthetic fibers is expected to grow throughout the globe,
owing to the increased demand for safe, lightweight, and high strength materials
in aerospace, automobile, and textile industries. Moreover, the demand for low
fuel consuming and low carbon emitting vehicles is expected to further surge
the global market of synthetic fibers. Advancements in research and
development of green bio fibers and green synthetic fibers are further boosting
the growth of the global market of synthetic fibers.
The key market players are adopting various organic and inorganic strategies.
For instance, Kuraray co. has entered into a merger agreement in 2017, under
which Kuraray co will acquire Calgon Carbon. The key players operating in the
global synthetic fiber market include Mitsubishi Rayon, Jushi Group, Owens
Corning, Teijin, Nan Ya Plastics, Toray Industries, BASF, Toho Tenax, Akra
Polyester, ALFA, Recron, Asahi Kasei Fiber, Reliance Industries, Radici
Partecipazioni, Performance Fibers, Bayer, BP Amono, Cydsa SAB, Eastman,
DAK America, Technical Absorbents, and DuPont.
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Synthetic Fibers Market report categorizes the global market by Product Type(Acrylic, Nylon, Polyester, and Others), by Application(Apparels, Aerospace, Automotive, and Others) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025