 Global Synthetic Fabrics Market Growth 2019-2024
      Global Synthetic Fabrics Market Growth 2019-2024Synthetic 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.
According to this study, over the next five years the Synthetic Fabrics market will register a 2.6% CAGR in terms of revenue, the global market size will reach US$ 18600 million by 2024, from US$ 16000 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Synthetic Fabrics business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Synthetic Fabrics market by product type, application, key manufacturers and key regions and countries.
This study considers the Synthetic Fabrics value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
    Polyester Type
    Nylon Type
    Acrylic Type
    Rayon Type
    Spandex Type
    Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
    Apparel
    Home Textile
    Industrial Use
    Others Application
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
    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: Breakdown data in in Chapter 3.
    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 2014 to 2018, and forecast to 2024.
    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.
Summary: 
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