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    Synthetic Fibers Market

    ID: 3846
    111 Pages
    Research Team
    03/2022

    Synthetic Fibers Market Research Report Information By Type (Polyolefin Fibers, Polyester Fibers, Carbon Fibers, Aramid Fibers, UHMWPE Fibers, Acrylic Fibers, Nylon Fibers, and Others), By Application (Clothing, Home Furnishing, Automotive, Aerospace & Defense, Filtration, and Others), and By Region (North America, Europe, Asia-Pacific, and Rest Of The World) – Market Forecast Till 2032

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    Market Summary

    Research Methodology on Synthetic Fibers Market


    Research methodology is a procedure that is used in an organized and systematic way to collect and analyze data to establish facts and reach conclusions. The research methodology used in this research report for the synthetic fibers market was a combination of secondary research and primary research.


    Secondary research was used to gather background information on the global synthetic fibers market. Industry reports, market surveys, and secondary data sources such as industry publications, company databases, and government data sources were used for this purpose. This data was used to analyze market trends and ascertain growth for the synthetic fibers market. Secondary research also involved reading industry journals, magazines, and other industry reports to analyze the current and projected trends and developments in the synthetic fibers market.


    Primary research was used to gauge the market size of the synthetic fiber market which included interviews with current market players and consumers. Data gathered from primary sources was then corroborated with the secondary research. Primary research involved interviewing renowned market analysts, industry experts, C-level executives, and other stakeholders in the synthetic fibers industry.


    Approaches used


    The research activities were conducted using a combination of both the “bottom-up” and “top-down” approaches.


    The “top-down” approach was adopted to identify major and macro trends influencing the market size from a global point of view. This was achieved by top-down market-sizing estimation based on the current market size in terms of value. The key market trends and developments were identified at regional and global levels and moved gradually towards the country level using secondary and primary research to establish the market size.


    The “bottom-up” approach was employed to analyze the market size at the regional and country levels. The total global market size was arrived at by aggregating the country/regional level markets. The key players were identified using the “bottom-up” approach and then the market sizing was conducted.


    Factor analysis was used to identify and analyze the key drivers, constraints, opportunities, and trends influencing the global synthetic fibers market. The factor analysis helps in segregating the key elements from the information obtained from the various sources.


    Time-series analysis was conducted to analyze the historical market data of the global synthetic fibers market. The time-series analysis helps to track the market performance in terms of value and volume from the year 2023 to 2030.


    Data Triangulation


    Data triangulation was used in order to fill the gaps and discrepancies in the data. Data triangulation was done from both the demand side and the supply side. The demand side data triangulation involved two approaches:


    1) Demand-side value chain triangulation and


    2) Demand side primary & secondary triangulation. The supply-side data triangulation involved two approaches) Supply-side primary & secondary triangulation and 2) Supply-side value chain triangulation.


    By using this method, data was collected from multiple sources and was cross-checked for accuracy, which helps to bring reliability and validation to the research study.


    Data Analysis


    The data analysis was conducted to get insights and to investigate the specific needs of the stakeholders. The data was analyzed using graphical and analytical techniques such as Porter’s five forces analysis, PESTEL analysis, SWOT analysis, revenue share analysis, demand-supply gap, market attractiveness, and patents analysis. These tools were used to better understand the competitive dynamic of the global synthetic fibers market.


    The various data and information collected from primary and secondary sources were analyzed and validated both qualitatively and quantitatively. The quantitative data obtained was studied and analyzed for dividing the market size into parts such as types, end-users, and regions. The qualitative extract analysis was used to gain insight into the market trends, opportunities, and market dynamics.

    Market Size & Forecast

    Attribute/Metric Details
    Market Size 2023 USD 112.80 Billion
    Market Size 2024 USD 120.28 Billion
    Market Size 2032 USD 188.5 Billion
    Compound Annual Growth Rate (CAGR) 5.78% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2018- 2022
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Type, Application, and Region
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The U.S., Canada, German, France, U.K, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Lenzing AG, Toyobo Co. Ltd, Bombay Dyeing Inc., Reliance Industries Limited, Toray Chemical Korea, Inc., TEIJIN LIMITED, China Petrochemical Corporation, Mitsubishi Chemical Corporation, DuPont, and Indorama Corporation
    Key Market Opportunities The rising investments by market players in research and development
    Key Market Dynamics Increasing consumer demand for cost-effective, durable, easy-to-wash, and maintainable fabrics and the rising applications of synthetic fibers in the textile, industrial, indoor, outdoor, and commercial sector

    Major Players

    Synthetic Fibers Type Outlook (USD Billion, 2018-2032)

    • Polyolefin fibers

    • Polyester fibers

    • Carbon fibers

    • Aramid fibers

    • UHMWPE fibers

    • Acrylic fibers

    • Nylon fibers

    • Others

    Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

    • Clothing

    • Home furnishing

    • Automotive

    • Aerospace & defense

    • Filtration

    • Others

    Synthetic Fibers Regional Outlook (USD Billion, 2018-2032)

    • North America Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type

        • Polyolefin fibers

        • Polyester fibers

        • Carbon fibers

        • Aramid fibers

        • UHMWPE fibers

        • Acrylic fibers

        • Nylon fibers

        • Others

      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing

        • Home furnishing

        • Automotive

        • Aerospace & defense

        • Filtration

        • Others

      • US Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type

        • Polyolefin fibers

        • Polyester fibers

        • Carbon fibers

        • Aramid fibers

        • UHMWPE fibers

        • Acrylic fibers

        • Nylon fibers

        • Others

      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing

        • Home furnishing

        • Automotive

        • Aerospace & defense

        • Filtration

        • Others

      • Canada Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type

        • Polyolefin fibers

        • Polyester fibers

        • Carbon fibers

        • Aramid fibers

        • UHMWPE fibers

        • Acrylic fibers

        • Nylon fibers

        • Others

      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing

        • Home furnishing

        • Automotive

        • Aerospace & defense

        • Filtration

        • Others

    • Europe Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type

        • Polyolefin fibers

        • Polyester fibers

        • Carbon fibers

        • Aramid fibers

        • UHMWPE fibers

        • Acrylic fibers

        • Nylon fibers

        • Others

      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing

        • Home furnishing

        • Automotive

        • Aerospace & defense

        • Filtration

        • Others

      • Germany Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type

        • Polyolefin fibers

        • Polyester fibers

        • Carbon fibers

        • Aramid fibers

        • UHMWPE fibers

        • Acrylic fibers

        • Nylon fibers

        • Others

      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing

        • Home furnishing

        • Automotive

        • Aerospace & defense

        • Filtration

        • Others

      • France Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type

        • Polyolefin fibers

        • Polyester fibers

        • Carbon fibers

        • Aramid fibers

        • UHMWPE fibers

        • Acrylic fibers

        • Nylon fibers

        • Others

      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing

        • Home furnishing

        • Automotive

        • Aerospace & defense

        • Filtration

        • Others

      • UK Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type

        • Polyolefin fibers

        • Polyester fibers

        • Carbon fibers

        • Aramid fibers

        • UHMWPE fibers

        • Acrylic fibers

        • Nylon fibers

        • Others

      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing

        • Home furnishing

        • Automotive

        • Aerospace & defense

        • Filtration

        • Others

      • Italy Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type

        • Polyolefin fibers

        • Polyester fibers

        • Carbon fibers

        • Aramid fibers

        • UHMWPE fibers

        • Acrylic fibers

        • Nylon fibers

        • Others

      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing

        • Home furnishing

        • Automotive

        • Aerospace & defense

        • Filtration

        • Others

      • Spain Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type

        • Polyolefin fibers

        • Polyester fibers

        • Carbon fibers

        • Aramid fibers

        • UHMWPE fibers

        • Acrylic fibers

        • Nylon fibers

        • Others

      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing

        • Home furnishing

        • Automotive

        • Aerospace & defense

        • Filtration

        • Others

      • Rest Of Europe Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type

        • Polyolefin fibers

        • Polyester fibers

        • Carbon fibers

        • Aramid fibers

        • UHMWPE fibers

        • Acrylic fibers

        • Nylon fibers

        • Others

      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing

        • Home furnishing

        • Automotive

        • Aerospace & defense

        • Filtration

        • Others

    • Asia-Pacific Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type

        • Polyolefin fibers

        • Polyester fibers

        • Carbon fibers

        • Aramid fibers

        • UHMWPE fibers

        • Acrylic fibers

        • Nylon fibers

        • Others

      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing

        • Home furnishing

        • Automotive

        • Aerospace & defense

        • Filtration

        • Others

      • China Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type

        • Polyolefin fibers

        • Polyester fibers

        • Carbon fibers

        • Aramid fibers

        • UHMWPE fibers

        • Acrylic fibers

        • Nylon fibers

        • Others

      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing

        • Home furnishing

        • Automotive

        • Aerospace & defense

        • Filtration

        • Others

      • Japan Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type

        • Polyolefin fibers

        • Polyester fibers

        • Carbon fibers

        • Aramid fibers

        • UHMWPE fibers

        • Acrylic fibers

        • Nylon fibers

        • Others

      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing

        • Home furnishing

        • Automotive

        • Aerospace & defense

        • Filtration

        • Others

      • India Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type

        • Polyolefin fibers

        • Polyester fibers

        • Carbon fibers

        • Aramid fibers

        • UHMWPE fibers

        • Acrylic fibers

        • Nylon fibers

        • Others

      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing

        • Home furnishing

        • Automotive

        • Aerospace & defense

        • Filtration

        • Others

      • Australia Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type

        • Polyolefin fibers

        • Polyester fibers

        • Carbon fibers

        • Aramid fibers

        • UHMWPE fibers

        • Acrylic fibers

        • Nylon fibers

        • Others

      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing

        • Home furnishing

        • Automotive

        • Aerospace & defense

        • Filtration

        • Others

      • Rest of Asia-Pacific Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type

        • Polyolefin fibers

        • Polyester fibers

        • Carbon fibers

        • Aramid fibers

        • UHMWPE fibers

        • Acrylic fibers

        • Nylon fibers

        • Others

      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing

        • Home furnishing

        • Automotive

        • Aerospace & defense

        • Filtration

        • Others

    • Rest of the World Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type

        • Polyolefin fibers

        • Polyester fibers

        • Carbon fibers

        • Aramid fibers

        • UHMWPE fibers

        • Acrylic fibers

        • Nylon fibers

        • Others

      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing

        • Home furnishing

        • Automotive

        • Aerospace & defense

        • Filtration

        • Others

      • Middle East Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type

        • Polyolefin fibers

        • Polyester fibers

        • Carbon fibers

        • Aramid fibers

        • UHMWPE fibers

        • Acrylic fibers

        • Nylon fibers

        • Others

      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing

        • Home furnishing

        • Automotive

        • Aerospace & defense

        • Filtration

        • Others

      • Africa Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type

        • Polyolefin fibers

        • Polyester fibers

        • Carbon fibers

        • Aramid fibers

        • UHMWPE fibers

        • Acrylic fibers

        • Nylon fibers

        • Others

      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing

        • Home furnishing

        • Automotive

        • Aerospace & defense

        • Filtration

        • Others

      • Latin America Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type

        • Polyolefin fibers

        • Polyester fibers

        • Carbon fibers

        • Aramid fibers

        • UHMWPE fibers

        • Acrylic fibers

        • Nylon fibers

        • Others

      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing

        • Home furnishing

        • Automotive

        • Aerospace & defense

        • Filtration

        • Others

    Market Trends

    Global Synthetic Fibers Market Overview

    Synthetic Fibers Market Size was valued at USD 112.80 Billion in 2023. The Synthetic Fibers industry is projected to grow from USD 120.28 Billion in 2024 to USD 188.50 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.78% during the forecast period (2024 - 2032). The expanding use of synthetic fibers in the textile, industrial, indoor, outdoor, and commercial sectors, along with rising consumer demand for affordable, long-lasting, easy-to-clean materials, are the key market drivers enhancing the market growth.

    Synthetic Fibers Market

    Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

    Synthetic Fibers Market Trends

      • Increasing consumer demand for cost-effective, durable, easy-to-wash, and maintainable fabrics is driving the market growth

    Over the course of the forecast period, an increase in consumer desire for affordable, long-lasting, simple-to-clean materials is anticipated to fuel market expansion. As a result of chemical synthesis, these fabrics have exceptional chemical, mechanical, and physical qualities, including strength, softness, elasticity, crease recovery, high lustre, and others. These fibers are chosen in many application industries, i...

    Market Segment Insights

    Smartphone Sensors Smartphone Type Insights

    The Smartphone Sensors market segmentation, based on smartphone type, includes standard smartphone, rugged smartphone, smartwatches, and other wearable. The standard smartphone segment dominated the market, accounting for the maximum market revenue. A smartphone is a mobile phone with a built-in computer and advanced features, such as web browsing and operating system, which are not associated with its counterpart. The rising mobile internet use, rising disposable income in developing countries, and high ownership of premium design smartphones are a few factors that are anticipated to grow smartphone sales. Smartphones are helped by a mobile operating system that offers advanced computing facilities. A smartphone can also work as a digital media player for uploading photos, videos, and music through a single interface.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035

    Smartphone Sensors Manufacturer Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Application Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Regional Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035

    Smartphone Sensors Price Insights

    The Smartphone Sensors market segmentation, based on price, includes USD 300 to USD 500, USD 100 to USD 300, above USD 500, and under USD 100. The USD 300 to USD 500 segment dominated the market revenue in the projected period. Most smartphones sold in medium-end devices have a sensor within this range. For instance: Nubia launched a new flagship Android device powered by the latest Snapdragon 8Gen 2CPU. The OEM has also specified that this gadget, which peculiarly seems to go by the name Z50 even though its processor was the z40 Pro, will compete with the Xiaomi 13 and iQOO11 series with cutting-edge LPDDR5X RAM and storage with the most recent UFS 4.0 spec.

    Get more detailed insights about Synthetic Fibers Market

    Key Players and Competitive Insights

    Leading market players are investing heavily in research and development to expand their product lines, which will help the Smartphone Sensors market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and growing market climate, the Smartphone Sensors industry must offer cost-effective items.

    Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Smartphone Sensors industry to benefit clients and increase the market sector. In recent years, the Smartphone Sensors industry has offered manufacturers some of the most significant advantages. Major players in the Smartphone Sensors market, including MS AG (Austria), Broadcom Inc. (US), DYNA IMAGE Corporation (China), Murata Electronics Oy (Finland), NEXT Biometrics Group ASA (Norway), Omron Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Sony Corporation (Japan)., and others, are attempting to increase market demand by investing in research and development operations.

    Samsung is dedicated to abiding by local laws and regulations and enforcing a strict code of conduct for all employees. Samsung adheres to a straightforward business tent: to usage its technology and expertise to develop top-notch goods and services that make a more cultured world. Samsung provides a high importance on its people and technologies to do this. For Instance: In January 2023, Samsung Electronics launched its new MICRO LED, Neo QLED, and Samsung OLED product lines, along with lifestyle products and accessories, before CES® 2023.

    Apple Inc. is a multinational American technology business with its main office in Cupertino, California. According to revenue, Apple will be the top technological business in the world in 2022, with US $ 394.3 billion in sales. According to market capitalization, Apple is the largest corporation in the world as of March 2023. For Instance: In September 2022, the iPhone 14 and iPhone 14 Plus, which come in two sizes, 6.1 and 6.7 inches and include a smart design, camera upgrades, and game-changing new safety measures, were introduced by Apple. The iPhone 14 and iPhone 14 Plus have a powerful camera system that incorporates the primary and front TrueDepth cameras, the Ultra Wide camera for uncommon perspectives, and the photonic engine, an enhanced picture pipeline.

    Key Companies in the Smartphone Sensors market include

    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)

    Industry Developments

    • September 2022: Comcast and Samsung Electronics announced their partnership to create 5G Radio Access Network (RAN) technologies to enhance 5G connection for Xfinity Mobile and Comcast Business Mobile users in Comcast service zones. Samsung will provide 5G RAN technology, and Comcast will deploy Citizens Broadband Radio Service (CBRS) and 600 MHz spectrum to provide 5G access to consumer and business users in the US.
    • October 2022: Huawei announced the release of the newest antenna solutions, including the Maxwell platform and the X2 antenna series, for the subsequent 5G antenna innovation stage. The new technologies speed up 5G deployment by improving antenna and setup capabilities.

    Market Segmentation

    Smartphone Type Outlook

    • Standard Smartphone
    • Rugged Smartphone
    • Smartwatches
    • Other Wearable

    Price Outlook

    • USD 300 to USD 500
    • USD 100 to USD 300
    • Above USD 500
    • Under USD 100

    Manufacturer Outlook

    • Apple Inc.
    • Samsung Electronics
    • Huawei Technology
    • Xiaomi Inc.
    • Oppo
    • Sony Corporation
    • HMD Global

    Application Outlook

    • High-Level
    • Mid-Level
    • Low-Level

    Manufacturer Outlook

    North America
    • US
    • Canada
    Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    Asia-Pacific
    • China
    • Japan
    • India
    • Italy
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    Rest of the World
    • Middle East
    • Africa
    • Latin America

    Report Scope

    Attribute/Metric Details
    Market Size 2023 USD 112.80 Billion
    Market Size 2024 USD 120.28 Billion
    Market Size 2032 USD 188.5 Billion
    Compound Annual Growth Rate (CAGR) 5.78% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2018- 2022
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Type, Application, and Region
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The U.S., Canada, German, France, U.K, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Lenzing AG, Toyobo Co. Ltd, Bombay Dyeing Inc., Reliance Industries Limited, Toray Chemical Korea, Inc., TEIJIN LIMITED, China Petrochemical Corporation, Mitsubishi Chemical Corporation, DuPont, and Indorama Corporation
    Key Market Opportunities The rising investments by market players in research and development
    Key Market Dynamics Increasing consumer demand for cost-effective, durable, easy-to-wash, and maintainable fabrics and the rising applications of synthetic fibers in the textile, industrial, indoor, outdoor, and commercial sector

    Market Highlights

    Author

    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    Posted on July 23, 2025, 10:15 AM
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    Posted on July 22, 2025, 7:45 PM

    FAQs

    At what CAGR the global synthetic fibers market is estimated to expand during 2018-2023?

    The size of the global synthetic fibers market is estimated to expand at 7.25% CAGR during the assessment period - 2018 and 2023.

    Which is the major segment in the global synthetic fibers market?

    Clothing is the largest segment in the global synthetic fibers market.

    Which region holds the largest share in the global synthetic fibers market?

    Asia Pacific holds the largest share in the global synthetic fibers market followed by North America and Europe, respectively.

    Who are the top players in the global synthetic fibers market?

    Cortec Corporation, Arch Chemicals Inc., Buckman Laboratories International Inc., Anpath Group Incorporated, GE Water and Process Technologies, Ashland Inc., Sigma- Bombay Dyeing Inc., DowDuPont, Lenzing AG, Mitsubishi Chemical Holdings Corporation, Toyobo Co. Ltd, Teijin Limited, Indorama Corporation, Reliance Industries Limited, Toray Chemical Korea, Inc., and China Petrochemical Corporation, are some of the major players operating in the global synthetic fibers market.

    What are the key growth strategies of synthetic fibers industry players?

    Strategic initiatives such as mergers & acquisitions, collaborations, expansion, and technology/ product launch are some of the growth strategies that players operating in the global synthetic fibers market adopt to gain a larger competitive advantage.

    1. EXECUTIVE SUMMARY 17
      1. MARKET ATTRACTIVENESS
        1. GLOBAL SYNTHETIC FIBER MARKET, BY TYPE 20
        2. GLOBAL
        3. GLOBAL SYNTHETIC FIBER MARKET,
    2. MARKET INTRODUCTION 23
      1. DEFINITION 23
      2. SCOPE
      3. MARKET STRUCTURE 23
    3. RESEARCH METHODOLOGY 24
      1. PRIMARY RESEARCH 25
      2. SECONDARY RESEARCH 26
      3. MARKET SIZE ESTIMATION 26
      4. TOP DOWN & BOTTOM UP APPROACH 27
      5. FORECAST MODEL 28
      6. LIST OF ASSUMPTIONS & LIMITATIONS 29
      7. INTRODUCTION 30
      8. DRIVERS 31
        1. INCREASING
        2. RISING DEMAND FOR AUTOMOTIVE
      9. RESTRAINTS 32
        1. VOLATILITY IN PRICES AND
      10. OPPORTUNITIES 34
        1. EMERGENCE
      11. CHALLENGES 34
        1. MICROPLASTIC POLLUTION
    4. MARKET FACTOR ANALYSIS 35
      1. PORTER'S FIVE FORCES ANALYSIS 39
        1. THREAT OF NEW ENTRANTS
        2. INTENSITY OF RIVALRY 40
        3. THREAT OF SUBSTITUTES 40
        4. BARGAINING POWER OF BUYERS 40
      2. IMPACT OF COVID 19 OUTBREAK ON THE GLOBAL
        1. OVERVIEW OF SUPPLY SCENARIO 41
        2. IMPACT ON SYNTHETIC FIBERS MANUFACTURERS
        3. IMPACT ON SYNTHETIC FIBERS END USERS 42
    5. GLOBAL SYNTHETIC FIBERS MARKET, BY
      1. OVERVIEW 43
        1. SYNTHETIC FIBERS: MARKET ESTIMATES &
        2. SYNTHETIC FIBERS: MARKET ESTIMATES &
      2. POLYOLEFIN FIBERS 45
        1. POLYOLEFIN
      3. POLYESTER
        1. POLYESTER FIBERS: MARKET ESTIMATES & FORECAST BY REGION,
      4. CARBON FIBERS 47
        1. CARBON FIBERS: MARKET ESTIMATES
      5. ARAMID FIBERS 48
        1. ARAMID
      6. UHMWPE
        1. UHMWPE FIBERS: MARKET ESTIMATES & FORECAST BY REGION, 2023-2032
      7. ACRYLIC FIBERS 50
        1. ACRYLIC FIBERS: MARKET ESTIMATES &
      8. NYLON FIBERS 51
        1. NYLON FIBERS:
      9. OTHERS 52
    6. GLOBAL SYNTHETIC
      1. OVERVIEW 54
        1. SYNTHETIC FIBERS:
        2. SYNTHETIC
      2. CLOTHING
        1. CLOTHING: MARKET ESTIMATES & FORECAST BY REGION, 2023-2032 56
      3. HOME FURNISHING 57
        1. HOME FURNISHING: MARKET ESTIMATES & FORECAST
      4. AUTOMOTIVE 58
        1. AUTOMOTIVE: MARKET ESTIMATES
      5. AEROSPACE & DEFENSE 59
      6. FILTRATION 60
        1. FILTRATION: MARKET ESTIMATES & FORECAST BY REGION,
      7. OTHERS 61
        1. OTHERS: MARKET ESTIMATES & FORECAST
    7. GLOBAL SYNTHETIC FIBERS MARKET, BY REGION 63
      1. NORTH AMERICA 67
        1. US 70
        2. CANADA 72
        3. GERMANY 77
        4. UK 79
        5. FRANCE 81
        6. ITALY 85
        7. RUSSIA 87
        8. REST OF EUROPE 89
      2. ASIA-PACIFIC 92
        1. CHINA 95
        2. JAPAN 97
        3. INDIA 99
        4. SOUTH KOREA 101
        5. AUSTRALIA & NEW ZEALAND 103
        6. REST
      3. LATIN AMERICA 108
        1. BRAZIL 111
        2. ARGENTINA 115
        3. REST OF LATIN AMERICA 117
        4. GCC COUNTRIES 122
        5. TURKEY 124
        6. 125
        7. SOUTH AFRICA 126
        8. REST OF THE MIDDLE EAST &
    8. COMPETITIVE LANDSCAPE 130
      1. INTRODUCTION 130
      2. MARKET
      3. KEY DEVELOPMENTS & GROWTH STRATEGIES 131
      4. COMPETITIVE BENCHMARKING, BY RESIN TYPE 135
    9. COMPANY PROFILES 136
      1. LENZING AG 136
        1. COMPANY OVERVIEW
        2. FINANCIAL OVERVIEW 137
        3. PRODUCTS OFFERED 137
        4. SWOT ANALYSIS 138
        5. KEY STRATEGIES 138
      2. TOYOBO CO. LTD 139
        1. COMPANY OVERVIEW 139
        2. FINANCIAL
        3. PRODUCTS OFFERED 140
        4. KEY DEVELOPMENTS 141
        5. SWOT ANALYSIS 141
        6. KEY STRATEGIES 142
      3. BOMBAY DYEING
        1. COMPANY OVERVIEW 143
        2. FINANCIAL OVERVIEW 144
        3. PRODUCTS OFFERED 144
        4. KEY DEVELOPMENTS 145
        5. SWOT
        6. KEY STRATEGIES 145
      4. RELIANCE INDUSTRIES LIMITED
        1. COMPANY OVERVIEW 146
        2. FINANCIAL OVERVIEW 146
        3. KEY DEVELOPMENTS 147
        4. SWOT ANALYSIS
        5. KEY STRATEGIES 148
      5. TORAY CHEMICAL KOREA, INC. 149
        1. FINANCIAL OVERVIEW 149
        2. PRODUCTS OFFERED
        3. KEY DEVELOPMENTS 150
        4. SWOT ANALYSIS 151
        5. KEY
      6. TEIJIN LIMITED 152
        1. COMPANY OVERVIEW 152
        2. FINANCIAL OVERVIEW 152
        3. PRODUCTS OFFERED 153
        4. KEY
        5. SWOT ANALYSIS 154
        6. KEY STRATEGIES 154
      7. CHINA PETROCHEMICAL CORPORATION 155
        1. COMPANY OVERVIEW 155
        2. PRODUCTS OFFERED 156
        3. KEY DEVELOPMENTS
        4. SWOT ANALYSIS 156
        5. KEY STRATEGIES 157
      8. MITSUBISHI
        1. COMPANY OVERVIEW 158
        2. FINANCIAL
        3. PRODUCTS OFFERED 159
        4. KEY DEVELOPMENTS 159
        5. SWOT ANALYSIS 160
        6. KEY STRATEGIES 160
      9. DUPONT 161
        1. COMPANY OVERVIEW 161
        2. FINANCIAL OVERVIEW 161
        3. PRODUCTS
        4. KEY DEVELOPMENTS 162
        5. SWOT ANALYSIS 163
      10. INDORAMA CORPORATION 164
        1. COMPANY OVERVIEW
        2. FINANCIAL OVERVIEW 164
        3. PRODUCTS OFFERED 165
        4. SWOT ANALYSIS 166
        5. KEY STRATEGIES
    10. APPENDIX 167
      1. REFERENCES 167
      2. RELATED REPORTS 168
    11. LIST OF END USERS 38
    12. POLYESTER FIBERS MARKET ESTIMATES & FORECAST, BY REGION, 2023-2032 (KILOTONS)
    13. OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2023-2032 (KILOTONS) 53
    14. ASIA-PACIFIC: SYNTHETIC FIBERS MARKET, BY COUNTRY, 2023-2032 (USD MILLION) 92
    15. SOUTH KOREA: SYNTHETIC FIBERS MARKET, BY TYPE, 2023-2032 (KILOTONS) 102
    16. SOUTH KOREA: SYNTHETIC FIBERS MARKET, BY APPLICATION, 2023-2032 (USD MILLION)
    17. REST OF ASIA-PACIFIC: SYNTHETIC FIBERS MARKET, BY APPLICATION, 2023-2032 (KILOTONS)
    18. BRAZIL: SYNTHETIC FIBERS MARKET, BY TYPE, 2023-2032 (USD MILLION) 111
    19. BRAZIL: SYNTHETIC FIBERS MARKET, BY TYPE, 2023-2032 (KILOTONS) 111
    20. BRAZIL: SYNTHETIC FIBERS MARKET, BY APPLICATION, 2023-2032 (USD MILLION) 112
    21. MIDDLE EAST & AFRICA: SYNTHETIC FIBERS MARKET, BY TYPE, 2023-2032 (USD MILLION)
    22. REST OF THE MIDDLE EAST & AFRICA: SYNTHETIC FIBERS MARKET, BY TYPE, 2023-2032
    23. MITSUBISHI CHEMICAL CORPORATION: KEY DEVELOPMENTS 159
    24. 19
    25. GLOBAL SYNTHETIC FIBER MARKET ANALYSIS, BY APPLICATION 21
    26. MARKET DYNAMICS OVERVIEW 30
    27. 31
    28. (% SHARE) 108
    29. BOMBAY DYEING INC.: FINANCIAL OVERVIEW SNAPSHOT 144
    30. TORAY CHEMICAL KOREA, INC.: FINANCIAL OVERVIEW SNAPSHOT 149
    31. CHINA PETROCHEMICAL CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 155
    32. CHINA PETROCHEMICAL CORPORATION: SWOT ANALYSIS 156

    Synthetic Fibers Type Outlook (USD Billion, 2018-2032)

    • Polyolefin fibers
    • Polyester fibers
    • Carbon fibers
    • Aramid fibers
    • UHMWPE fibers
    • Acrylic fibers
    • Nylon fibers
    • Others

    Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

    • Clothing
    • Home furnishing
    • Automotive
    • Aerospace & defense
    • Filtration
    • Others

    Synthetic Fibers Regional Outlook (USD Billion, 2018-2032)

    • North America Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type
        • Polyolefin fibers
        • Polyester fibers
        • Carbon fibers
        • Aramid fibers
        • UHMWPE fibers
        • Acrylic fibers
        • Nylon fibers
        • Others
      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing
        • Home furnishing
        • Automotive
        • Aerospace & defense
        • Filtration
        • Others
      • US Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type
        • Polyolefin fibers
        • Polyester fibers
        • Carbon fibers
        • Aramid fibers
        • UHMWPE fibers
        • Acrylic fibers
        • Nylon fibers
        • Others
      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing
        • Home furnishing
        • Automotive
        • Aerospace & defense
        • Filtration
        • Others
      • Canada Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type
        • Polyolefin fibers
        • Polyester fibers
        • Carbon fibers
        • Aramid fibers
        • UHMWPE fibers
        • Acrylic fibers
        • Nylon fibers
        • Others
      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing
        • Home furnishing
        • Automotive
        • Aerospace & defense
        • Filtration
        • Others
    • Europe Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type
        • Polyolefin fibers
        • Polyester fibers
        • Carbon fibers
        • Aramid fibers
        • UHMWPE fibers
        • Acrylic fibers
        • Nylon fibers
        • Others
      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing
        • Home furnishing
        • Automotive
        • Aerospace & defense
        • Filtration
        • Others
      • Germany Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type
        • Polyolefin fibers
        • Polyester fibers
        • Carbon fibers
        • Aramid fibers
        • UHMWPE fibers
        • Acrylic fibers
        • Nylon fibers
        • Others
      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing
        • Home furnishing
        • Automotive
        • Aerospace & defense
        • Filtration
        • Others
      • France Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type
        • Polyolefin fibers
        • Polyester fibers
        • Carbon fibers
        • Aramid fibers
        • UHMWPE fibers
        • Acrylic fibers
        • Nylon fibers
        • Others
      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing
        • Home furnishing
        • Automotive
        • Aerospace & defense
        • Filtration
        • Others
      • UK Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type
        • Polyolefin fibers
        • Polyester fibers
        • Carbon fibers
        • Aramid fibers
        • UHMWPE fibers
        • Acrylic fibers
        • Nylon fibers
        • Others
      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing
        • Home furnishing
        • Automotive
        • Aerospace & defense
        • Filtration
        • Others
      • Italy Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type
        • Polyolefin fibers
        • Polyester fibers
        • Carbon fibers
        • Aramid fibers
        • UHMWPE fibers
        • Acrylic fibers
        • Nylon fibers
        • Others
      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing
        • Home furnishing
        • Automotive
        • Aerospace & defense
        • Filtration
        • Others
      • Spain Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type
        • Polyolefin fibers
        • Polyester fibers
        • Carbon fibers
        • Aramid fibers
        • UHMWPE fibers
        • Acrylic fibers
        • Nylon fibers
        • Others
      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing
        • Home furnishing
        • Automotive
        • Aerospace & defense
        • Filtration
        • Others
      • Rest Of Europe Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type
        • Polyolefin fibers
        • Polyester fibers
        • Carbon fibers
        • Aramid fibers
        • UHMWPE fibers
        • Acrylic fibers
        • Nylon fibers
        • Others
      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing
        • Home furnishing
        • Automotive
        • Aerospace & defense
        • Filtration
        • Others
    • Asia-Pacific Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type
        • Polyolefin fibers
        • Polyester fibers
        • Carbon fibers
        • Aramid fibers
        • UHMWPE fibers
        • Acrylic fibers
        • Nylon fibers
        • Others
      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing
        • Home furnishing
        • Automotive
        • Aerospace & defense
        • Filtration
        • Others
      • China Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type
        • Polyolefin fibers
        • Polyester fibers
        • Carbon fibers
        • Aramid fibers
        • UHMWPE fibers
        • Acrylic fibers
        • Nylon fibers
        • Others
      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing
        • Home furnishing
        • Automotive
        • Aerospace & defense
        • Filtration
        • Others
      • Japan Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type
        • Polyolefin fibers
        • Polyester fibers
        • Carbon fibers
        • Aramid fibers
        • UHMWPE fibers
        • Acrylic fibers
        • Nylon fibers
        • Others
      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing
        • Home furnishing
        • Automotive
        • Aerospace & defense
        • Filtration
        • Others
      • India Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type
        • Polyolefin fibers
        • Polyester fibers
        • Carbon fibers
        • Aramid fibers
        • UHMWPE fibers
        • Acrylic fibers
        • Nylon fibers
        • Others
      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing
        • Home furnishing
        • Automotive
        • Aerospace & defense
        • Filtration
        • Others
      • Australia Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type
        • Polyolefin fibers
        • Polyester fibers
        • Carbon fibers
        • Aramid fibers
        • UHMWPE fibers
        • Acrylic fibers
        • Nylon fibers
        • Others
      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing
        • Home furnishing
        • Automotive
        • Aerospace & defense
        • Filtration
        • Others
      • Rest of Asia-Pacific Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type
        • Polyolefin fibers
        • Polyester fibers
        • Carbon fibers
        • Aramid fibers
        • UHMWPE fibers
        • Acrylic fibers
        • Nylon fibers
        • Others
      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing
        • Home furnishing
        • Automotive
        • Aerospace & defense
        • Filtration
        • Others
    • Rest of the World Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type
        • Polyolefin fibers
        • Polyester fibers
        • Carbon fibers
        • Aramid fibers
        • UHMWPE fibers
        • Acrylic fibers
        • Nylon fibers
        • Others
      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing
        • Home furnishing
        • Automotive
        • Aerospace & defense
        • Filtration
        • Others
      • Middle East Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type
        • Polyolefin fibers
        • Polyester fibers
        • Carbon fibers
        • Aramid fibers
        • UHMWPE fibers
        • Acrylic fibers
        • Nylon fibers
        • Others
      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing
        • Home furnishing
        • Automotive
        • Aerospace & defense
        • Filtration
        • Others
      • Africa Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type
        • Polyolefin fibers
        • Polyester fibers
        • Carbon fibers
        • Aramid fibers
        • UHMWPE fibers
        • Acrylic fibers
        • Nylon fibers
        • Others
      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing
        • Home furnishing
        • Automotive
        • Aerospace & defense
        • Filtration
        • Others
      • Latin America Outlook (USD Billion, 2018-2032)

      • Synthetic Fibers by Type
        • Polyolefin fibers
        • Polyester fibers
        • Carbon fibers
        • Aramid fibers
        • UHMWPE fibers
        • Acrylic fibers
        • Nylon fibers
        • Others
      • Synthetic Fibers Application Outlook (USD Billion, 2018-2032)

        • Clothing
        • Home furnishing
        • Automotive
        • Aerospace & defense
        • Filtration
        • Others
    Infographic

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