Synthetic fibers are referred to man-made materials, which are produced with the help of chemicals having superior properties compared to natural fibers. Synthetic fibers are manufactured through polymerization of a variety of chemical substances. These fibers are more light-weight, stain-resistant, easy & convenient to dye, and durable. On the back of their favorable properties, synthetic fibers are widely employed for various applications in the fashion industry.
Consumers highly prefer characteristics such as durability, better stain resistance, softness, and elasticity in their fiber uses; and manufacturers\' ability to provide all such properties at lower costs is one of the key driving factors for the growth of the global synthetic fiber market. Furthermore, changing fashion trends are also expected to have perceptible effects on the global synthetic fiber market. The lower cost of synthetic fibers as compared to natural fibers also encourages their use among consumers. Furthermore, weak supply of natural fibers such as cotton is another factor, expected to drive the global synthetic fiber market over the forecast period.
The Global Synthetic Fibers Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Synthetic Fibers Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
Indorama Corporation
Toray Industries
DuPont
Mitsubishi Chemical Holdings Corporation
CNPC
Reliance Industries Limited
Toho Tenax


In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Acrylics
Polyester
Nylon
Polyolefin

In Market segmentation by applications :
Clothing
Home Furnishing
Automotive
Filtration

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Synthetic Fibers Market for the forecast period 2023-2030?
• What are the driving forces in the Synthetic Fibers Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Synthetic Fibers industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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