Synthetic Fabric Market By Type (Acetate Fabric, Acrylic Fabric, Chiffon Fabric, Denim Fabric, Georgette Fabric, Nylon Fabric, Polyester Fabric, Rayon Fabric, Spandex Fabric, Viscose Fabric, And Others) And Application (Construction, Automotive, Healthcare, Apparel, Household, And Others) -Global Forecast 2020 To 2025

Report Code: CMR 23191 Report Format: PDF + Excel (Delivery in 48 Hrs)

Overview

Synthetic Fabric Market size is forecast to reach $72,892.07 million by 2025, after growing at a CAGR of 3.2% during 2020-2025. The Synthetic Fabric is driven by high demand from fashion and apparel industry. The construction and automotive industries will further support the growth of synthetic fabric market during forecast period.  

Cuprammonium rayon is one of the synthetic fabrics that most closely resembles silk, so it’s often used to replace garments traditionally made with this natural fiber. Cuprammonium rayon cannot be washed in hot water, and unlike natural fibers like wool, cuprammonium doesn’t burn cleanly. Lycra fabric is a brand name for elastane, which is a highly elastic synthetic fabric. Despite having different names, Lycra, spandex, and elastane are all the same material, and these fabrics can stretch to 5-8 times their usual size. Polybenzimidazole fiber is a synthetic fiber with a very high decomposition temperature and doesn't exhibit a melting point. It has exceptional thermal and chemical stability and does not readily ignite.

Report Coverage

The report: “Synthetic Fabric Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Synthetic Fabric Industry.


Key Takeaways

  • APAC dominates the Synthetic Fabric market owing to strong presence of textile, home furnishing, and automotive industry.
  • R&D activities on conductive textiles and nanotechnology in textiles are expected to provide potential growth opportunities.
  • The rising consumer interest in home furnishing boosts market segment growth.

 

Type - Segment Analysis

Polyester Fabric held the largest share in the Synthetic Fabric market in 2019. Polyester is a manmade fiber known for its superior properties which makes it suitable for Synthetic Fabric applications. The world polyester production for 2016 was 76.66 million tons, including the recycling part. Filaments accounted for 44 percent of total production and dominates the global market followed by staple, comprising 20.2 percent of global sales market share. The other segments include PET Resin shared (27.5%), Film had a market share of (5.3%) and other resins with (2.9%) according to Plastics Insight. The polyester fiber market has grown to such an extent that it represents half of the overall global fabric market. Most of the demand for polyester is from APAC region where the fast growing automotive and textile industry has been consuming high amount of polyester.  

End Use - Segment Analysis

Apparel Industry accounts for the highest market share in the global Synthetic Fabric market and is expected to grow at a CAGR of 5% over the forecast period from 2020 to 2025. The apparel industry is an ever-growing market with key competitors being the countries China, European Union, the United States and India. The clothing sector is growing at an unprecedented rate because of changes in the world of garments. According to Trade Map, Asia registered 35% of apparel export to Europe, followed by 30% within Asian countries, 27% in North and South America, 8% to rest of the world in terms of value in 2016. The growth in apparel sector will fuel the market for synthetic fabrics globally.

The other sector strengthening the Synthetic Fabric market is building and construction. The upsurge in infrastructural activities, will fuel demand for home furnishings.

Geography - Segment Analysis

APAC dominated the Synthetic Fabric market with a share of more than 45%, followed by North America and Europe. Globally, China and India are expected to be the key supplier as well as consumers of synthetic fabrics. India is one of the leading man-made fabric manufacturers in the world. Indian fabrics are known for their outstanding quality, colors and durability. Indian fabrics are set to take center stage in the global arena because of heavy investment, continuous development, new product mix and strategic business expansion. India’s MMF based textile manufacturing is largely focused towards low-value added and commodity products. Nevertheless, demand for synthetic fabrics with added value is growing rapidly around the world. Countries such as China, Taiwan and Korea are already manufacturing textiles based on high-end MMF.

Drivers – Synthetic Fabric Market

·         The cost competitiveness and shift on low cost fibers for clothing manufacturing.

Polyester has proven to be one of the most cost-effective and adaptable fiber and has increasingly picked up the bulk of new business growth. It is recyclable and can be blended with other fibers like cotton and spandex for performance requirements. The demand for polyester fabric continues to increase as the current athleisure fashion trend has resulted in very strong opportunities for growth.

Challenges – Synthetic Fabric Market

·         The U.S. and China's ongoing trade war will affect the textile and apparel industries, including manufacturing and other activities.

The ongoing trade war between U.S. and China will impact the textile market. According to the World Integrated Trade Solution, the U.S. is the top trading partner of China in terms of Textiles and Clothing, with a product export share of 9.88% in 2017. The trade war may hamper business between the U.S. and China. There is also speculation that the effect can be seen on the trading partners of U.S. and China. If there is decline in trade of textiles, then it will have a direct impact on textile chemicals owing to low demand from the textile industry.  

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Synthetic Fabric market. In 2019, the market of Synthetic Fabric has been consolidated by the top five players accounting for xx% of the share. Major players in the Synthetic Fabric Market are BASF S.E, Bayer AG, BP Amono Plc, Far Eastern Group, Fila Inc., Univex SA, and among others.

Acquisitions/Technology Launches

  • In November 2018, PrimaLoft introduced “PrimaLoft Bio Performance Fabric” which is 100 percent recycled biodegradable synthetic fabric. The basis of innovation is to improve fibre technology, which allows a highly accelerated biodegradation under certain environmental conditions. The product is expected to be commercially available from fall of 2020.

1. Synthetic Fabric Market - Overview
        1.1 Definitions and Scope
2. Synthetic Fabric Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Synthetic Fabric Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Synthetic Fabric Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Synthetic Fabric Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Synthetic Fabric Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Synthetic Fabric Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Synthetic Fabric Market - By Type (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Segment Analysis
            8.3.1 Acetate Fabric
            8.3.2 Acrylic Fabric
            8.3.3 Chiffon Fabric
            8.3.4 Denim Fabric
            8.3.5 Georgette Fabric
            8.3.6 Nylon Fabric
            8.3.7 Polyester Fabric
            8.3.8 Rayon Fabric
            8.3.9 Spandex Fabric
            8.3.10 Viscose Fabric
9. Synthetic Fabric Market - By Product Type(Market Size -$Million / $Billion)
10. Synthetic Fabric - By Application Type(Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
            10.3.1 Construction
            10.3.2 Automotive
            10.3.3 Healthcare
            10.3.4 Apparel
            10.3.5 Household
11. Synthetic Fabric- By Geography (Market Size -$Million / $Billion)
        11.1 Synthetic Fabric Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Synthetic Fabric- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Synthetic Fabric- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Synthetic Fabric - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Synthetic Fabric - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Synthetic Fabric Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Synthetic Fabric Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Synthetic Fabric Market - Key Company List by Country Premium
15. Synthetic Fabric Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Admiral Sportswear
        15.3 Basf Se
        15.4 Bayer Ag
        15.5 Bp Amono Plc
        15.6 Bridgestone Corporation
        15.7 Dupont De Nemours
        15.8 Far Eastern Group
        15.9 Filum Inc
        15.10 Sunflag Nigeria Limited
        15.11 Univex Sa
        15.12 Company 12
        15.13 Company 13 & More
*Financials would be provided on a best efforts basis for private companies
16. Synthetic Fabric Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Synthetic Fabric Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Global Synthetic Fabric Market Market, By Type Market 2019-2024 ($M)
1.1 Acetate Fabric Market 2019-2024 ($M) - Global Industry Research
1.2 Acrylic Fabric Market 2019-2024 ($M) - Global Industry Research
1.3 Chiffon Fabric Market 2019-2024 ($M) - Global Industry Research
1.4 Denim Fabric Market 2019-2024 ($M) - Global Industry Research
1.5 Georgette Fabric Market 2019-2024 ($M) - Global Industry Research
1.6 Nylon Fabric Market 2019-2024 ($M) - Global Industry Research
1.7 Polyester Fabric Market 2019-2024 ($M) - Global Industry Research
1.8 Rayon Fabric Market 2019-2024 ($M) - Global Industry Research
1.9 Spandex Fabric Market 2019-2024 ($M) - Global Industry Research
1.10 Viscose Fabric Market 2019-2024 ($M) - Global Industry Research
2.Global Global Synthetic Fabric Market Market, By Type Market 2019-2024 (Volume/Units)
2.1 Acetate Fabric Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Acrylic Fabric Market 2019-2024 (Volume/Units) - Global Industry Research
2.3 Chiffon Fabric Market 2019-2024 (Volume/Units) - Global Industry Research
2.4 Denim Fabric Market 2019-2024 (Volume/Units) - Global Industry Research
2.5 Georgette Fabric Market 2019-2024 (Volume/Units) - Global Industry Research
2.6 Nylon Fabric Market 2019-2024 (Volume/Units) - Global Industry Research
2.7 Polyester Fabric Market 2019-2024 (Volume/Units) - Global Industry Research
2.8 Rayon Fabric Market 2019-2024 (Volume/Units) - Global Industry Research
2.9 Spandex Fabric Market 2019-2024 (Volume/Units) - Global Industry Research
2.10 Viscose Fabric Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America Global Synthetic Fabric Market Market, By Type Market 2019-2024 ($M)
3.1 Acetate Fabric Market 2019-2024 ($M) - Regional Industry Research
3.2 Acrylic Fabric Market 2019-2024 ($M) - Regional Industry Research
3.3 Chiffon Fabric Market 2019-2024 ($M) - Regional Industry Research
3.4 Denim Fabric Market 2019-2024 ($M) - Regional Industry Research
3.5 Georgette Fabric Market 2019-2024 ($M) - Regional Industry Research
3.6 Nylon Fabric Market 2019-2024 ($M) - Regional Industry Research
3.7 Polyester Fabric Market 2019-2024 ($M) - Regional Industry Research
3.8 Rayon Fabric Market 2019-2024 ($M) - Regional Industry Research
3.9 Spandex Fabric Market 2019-2024 ($M) - Regional Industry Research
3.10 Viscose Fabric Market 2019-2024 ($M) - Regional Industry Research
4.South America Global Synthetic Fabric Market Market, By Type Market 2019-2024 ($M)
4.1 Acetate Fabric Market 2019-2024 ($M) - Regional Industry Research
4.2 Acrylic Fabric Market 2019-2024 ($M) - Regional Industry Research
4.3 Chiffon Fabric Market 2019-2024 ($M) - Regional Industry Research
4.4 Denim Fabric Market 2019-2024 ($M) - Regional Industry Research
4.5 Georgette Fabric Market 2019-2024 ($M) - Regional Industry Research
4.6 Nylon Fabric Market 2019-2024 ($M) - Regional Industry Research
4.7 Polyester Fabric Market 2019-2024 ($M) - Regional Industry Research
4.8 Rayon Fabric Market 2019-2024 ($M) - Regional Industry Research
4.9 Spandex Fabric Market 2019-2024 ($M) - Regional Industry Research
4.10 Viscose Fabric Market 2019-2024 ($M) - Regional Industry Research
5.Europe Global Synthetic Fabric Market Market, By Type Market 2019-2024 ($M)
5.1 Acetate Fabric Market 2019-2024 ($M) - Regional Industry Research
5.2 Acrylic Fabric Market 2019-2024 ($M) - Regional Industry Research
5.3 Chiffon Fabric Market 2019-2024 ($M) - Regional Industry Research
5.4 Denim Fabric Market 2019-2024 ($M) - Regional Industry Research
5.5 Georgette Fabric Market 2019-2024 ($M) - Regional Industry Research
5.6 Nylon Fabric Market 2019-2024 ($M) - Regional Industry Research
5.7 Polyester Fabric Market 2019-2024 ($M) - Regional Industry Research
5.8 Rayon Fabric Market 2019-2024 ($M) - Regional Industry Research
5.9 Spandex Fabric Market 2019-2024 ($M) - Regional Industry Research
5.10 Viscose Fabric Market 2019-2024 ($M) - Regional Industry Research
6.APAC Global Synthetic Fabric Market Market, By Type Market 2019-2024 ($M)
6.1 Acetate Fabric Market 2019-2024 ($M) - Regional Industry Research
6.2 Acrylic Fabric Market 2019-2024 ($M) - Regional Industry Research
6.3 Chiffon Fabric Market 2019-2024 ($M) - Regional Industry Research
6.4 Denim Fabric Market 2019-2024 ($M) - Regional Industry Research
6.5 Georgette Fabric Market 2019-2024 ($M) - Regional Industry Research
6.6 Nylon Fabric Market 2019-2024 ($M) - Regional Industry Research
6.7 Polyester Fabric Market 2019-2024 ($M) - Regional Industry Research
6.8 Rayon Fabric Market 2019-2024 ($M) - Regional Industry Research
6.9 Spandex Fabric Market 2019-2024 ($M) - Regional Industry Research
6.10 Viscose Fabric Market 2019-2024 ($M) - Regional Industry Research
7.MENA Global Synthetic Fabric Market Market, By Type Market 2019-2024 ($M)
7.1 Acetate Fabric Market 2019-2024 ($M) - Regional Industry Research
7.2 Acrylic Fabric Market 2019-2024 ($M) - Regional Industry Research
7.3 Chiffon Fabric Market 2019-2024 ($M) - Regional Industry Research
7.4 Denim Fabric Market 2019-2024 ($M) - Regional Industry Research
7.5 Georgette Fabric Market 2019-2024 ($M) - Regional Industry Research
7.6 Nylon Fabric Market 2019-2024 ($M) - Regional Industry Research
7.7 Polyester Fabric Market 2019-2024 ($M) - Regional Industry Research
7.8 Rayon Fabric Market 2019-2024 ($M) - Regional Industry Research
7.9 Spandex Fabric Market 2019-2024 ($M) - Regional Industry Research
7.10 Viscose Fabric Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Synthetic Fabric Market Revenue, 2019-2024 ($M)
2.Canada Synthetic Fabric Market Revenue, 2019-2024 ($M)
3.Mexico Synthetic Fabric Market Revenue, 2019-2024 ($M)
4.Brazil Synthetic Fabric Market Revenue, 2019-2024 ($M)
5.Argentina Synthetic Fabric Market Revenue, 2019-2024 ($M)
6.Peru Synthetic Fabric Market Revenue, 2019-2024 ($M)
7.Colombia Synthetic Fabric Market Revenue, 2019-2024 ($M)
8.Chile Synthetic Fabric Market Revenue, 2019-2024 ($M)
9.Rest of South America Synthetic Fabric Market Revenue, 2019-2024 ($M)
10.UK Synthetic Fabric Market Revenue, 2019-2024 ($M)
11.Germany Synthetic Fabric Market Revenue, 2019-2024 ($M)
12.France Synthetic Fabric Market Revenue, 2019-2024 ($M)
13.Italy Synthetic Fabric Market Revenue, 2019-2024 ($M)
14.Spain Synthetic Fabric Market Revenue, 2019-2024 ($M)
15.Rest of Europe Synthetic Fabric Market Revenue, 2019-2024 ($M)
16.China Synthetic Fabric Market Revenue, 2019-2024 ($M)
17.India Synthetic Fabric Market Revenue, 2019-2024 ($M)
18.Japan Synthetic Fabric Market Revenue, 2019-2024 ($M)
19.South Korea Synthetic Fabric Market Revenue, 2019-2024 ($M)
20.South Africa Synthetic Fabric Market Revenue, 2019-2024 ($M)
21.North America Synthetic Fabric By Application
22.South America Synthetic Fabric By Application
23.Europe Synthetic Fabric By Application
24.APAC Synthetic Fabric By Application
25.MENA Synthetic Fabric By Application
26.Admiral Sportswear, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Basf Se, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Bayer Ag, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Bp Amono Plc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Bridgestone Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Dupont De Nemours, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Far Eastern Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Filum Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Sunflag Nigeria Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Univex Sa, Sales /Revenue, 2015-2018 ($Mn/$Bn)