(EMAILWIRE.COM, September 11, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Synthetic Fabrics market for 2018-2023.
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.
Over the next five years, this report projects that Synthetic Fabrics will register a 2.6% CAGR in terms of revenue, reach US$ 18600 million by 2023, from US$ 16000 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Synthetic Fabrics market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Polyester Type
Nylon Type
Acrylic Type
Rayon Type
Spandex Type
Others
Segmentation by application:
Apparel
Home Textile
Industrial Use
Others Application
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Synthetic Fabrics consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Synthetic Fabrics market by identifying its various subsegments.
Focuses on the key global Synthetic Fabrics manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Synthetic Fabrics with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Synthetic Fabrics submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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