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Synthetic Fibers Asia-Pacific Industry to 2026 - by Type, Application and Region

Research and Markets
·3-min read

Dublin, March 19, 2021 (GLOBE NEWSWIRE) -- The "Asia-Pacific Synthetic Fibers Market 2020-2026" report has been added to ResearchAndMarkets.com's offering.

The Asia-Pacific market for synthetic fibers is projected to grow at a CAGR of 7.4% during the forecast period. The market is mainly driven by various pivotal factors including significant investment in the automotive industry and an emerging focus on lightweight and fuel-efficient vehicles in the region. The expansion of auto parts manufacturing has led to the adoption of synthetic fibers in the automotive sector, owing to their lightweight property, mechanical strength, great design versatility, and lower system costs. The rising disposable income and growing urbanization are also boosting the growth of the organized retail which led to the demand for home furnishing.

The market for synthetic fibers market is classified on the basis of type and application. Based, the Asia-Pacific synthetic rubber market is further segmented into acrylics, polyolefin, polyester, nylon, and others (Acetate). The polyester segment is projected to have considerable growth during the forecast period. The application market is further segregated into automotive, clothing, home furnishing, filtration, and others. The automotive application segment is estimated to have considerable growth in the market owing to the growing demand for lightweight vehicles to reduce fuel consumption. Geographically, the Asia-Pacific synthetic fibers market is further classified into China, India, Japan, and the Rest of Asia-Pacific.

The companies which are contributing to the growth of the Asia-Pacific synthetic fibers market include Asahi Kasei Corp., BASF SE, DuPont de Nemours, Inc., Mitsubishi Chemical Corp., Toray Industries, Inc., China Petrochemical Corp. (Sinopec), Eastman Chemical Co., and others. Product launch, merger, and acquisition, collaborations with government, and technological advancements through which market players are considerably contributing to the market growth to stay competitive in the market.

Market Segmentation:

1. Asia-Pacific Synthetic fibers Market Research and Analysis by Type
2. Asia-Pacific Synthetic fibers Market Research and Analysis by Application

The Report Covers:

  • Comprehensive research methodology of the Asia-Pacific synthetic fibers market.

  • This report also includes a detailed and extensive market overview with key analyst insights.

  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.

  • Analysis of regional regulations and other government policies impacting the Asia-Pacific synthetic fibers market.

  • Insights about market determinants that are stimulating the Asia-Pacific synthetic fibers market.

  • Detailed and extensive market segments with regional distribution of forecasted revenues.

  • Extensive profiles and recent developments of market players.

Key Topics Covered:

1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography

2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations

3. Market Determinants
3.1. Motivators
3.2. Restraints
3.3. Opportunities

4. Market Segmentation
4.1. Asia-Pacific Synthetic Fibers Market by Type
4.1.1. Acrylics
4.1.2. Polyolefin
4.1.3. Polyester
4.1.4. Nylon
4.1.5. Others (Acetate)
4.2. Asia-Pacific Synthetic Fibers Market by Application
4.2.1. Automotive
4.2.2. Clothing
4.2.3. Home Furnishing
4.2.4. Filtration
4.2.5. Others (Medical)

5. Regional Analysis
5.1. China
5.2. India
5.3. Japan
5.4. Rest of Asia-Pacific

6. Company Profiles
6.1. Asahi Kasei Corp.
6.2. Bombay Dyeing & Manufacturing Co Ltd.
6.3. BASF SE
6.4. China Petrochemical Corp. (Sinopec)
6.5. DuPont de Nemours, Inc.
6.6. Eastman Chemical Co.
6.7. Mitsubishi Chemical Corp.
6.8. Reliance Industries Ltd.
6.9. SGL Carbon
6.10. Teijin Group
6.11. Toray Industries, Inc.
6.12. Toyobo Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/e3aw2b

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