According to a new report published by Reports Monitor titled, “Synthetic Fabrics Market By Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Synthetic Fabrics Market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Asia Pacific dominates the Synthetic Fabrics Market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
Synthetic fabrics are man-made materials which are designed using chemicals having superior properties as compared to natural fibers. Through polymerization of different chemical substances these fibers have been created. Synthetic fibers are more reliable, easy to dye, stain-resistant, and lighter. Because of its favorable properties these fibers are widely used in the fashion industry for different applications. Different chemicals are engaged in developing synthetic fabrics include sodium hydroxide and carbon disulfide, which are generally derived from coal, oil, or natural gas.
Get Sample Copy for more Professional and Technical insights @ https://goo.gl/NZHw5C
There is increasing demand for the market in the industries such as fashion & apparel, construction and automotive. The market is growing tremendously due to increase in demand for lighter and high strength material. However, R&D activities on conductive textiles and nanotechnology in textiles are estimated to provide potential growth opportunities. The factors hampering the growth of the market includes environmental concerns and threat from natural substitute.
On the basis of segmentation the market is segmented by type, by application, and by region. On the basis of type of synthetic fibers the market 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. According to the application segment the market is divided into apparel, automotive, construction, healthcare, household, and others.
Key Question Answered:
• What will be the market size in 2025 and at what rate it will grow?
• Who are the major key players in global Synthetic Fabrics market and what are their strategies?
• Which vertical industry is expected to show major growth?
• What segment and region will lead the market and why?
The major companies profiled in the report include: Admiral Sportswear, BASF SE, Bayer AG, BP Amono Plc, Bridgestone Corporation, DuPont (EI) de Nemours, Far Eastern Group, Fila Inc, Sunflag Nigeria Limited, Univex SA.
View Full Press Release @ https://goo.gl/NaVL4U
Garner Insights (GarnerInsights.com) is a Market Intelligence and Business Consulting firm led by professionals with a vast experience and knowledge of the market research industry.
Our vast repository of research reports across various categories gives you a complete view of the ever-evolving trends and current topics worldwide. Our constant focus is on improving the data and finding innovative methods, which will help your business drive profitable growth.
The research methodology is designed to cater all your research needs which is backed by exclusive quantitative and analytics-driven intelligence. It consists of primary and secondary methods which is a testimony of the information comprised. The meticulous and distinct data gathering methods are in line with the highest standards of data mining in the industry.
We have a plethora bank of publishers who share their various quality reports using our platform and expertise. The data bank is monitored by the team of experts which is validated by various statistical data and trending content.