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.
Containerized Data Center Market is the persuasive and world-class research report which carries out industry analysis for ICT industry on products, markets, companies, industries and most of the countries worldwide.
The report not only offers insights into revenue growth and sustainability initiative but also provides businesses with most-detailed market segmentation in the industry.
This Containerized Data Center market report performs comprehensive analysis of profiles of key market players that gives a competitive landscape to the businesses.
Data Bridge Market Research analyses that the market is growing with the CAGR of 18.6% in the forecast period of 2021 to 2028 and expected to reach USD 35,771.93 million by 2028.Download Sample PDF Copy of the Containerized Data Center Market Report to understand the structure of the complete report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-containerized-data-center-market The major factors driving the growth of the containerized data Center market are increasing demand of scalable data Center solutions and cost savings by incorporating containerized data Centers.
Segmentation:Containerized Data Center Type - Customized Container, Compact All-in One Container, Standalone ContainerContainerized Data Center Application - Greenfield, Brownfield, Upgrade and ConsolidationContainerized Data Center Major Geographical Segmentation -The regions covered are North America (USA, Canada), Europe (UK, Germany, France, Italy, Spain, Scandinavia, and Rest of Europe), Asia Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of Asia Pacific), Latin America, (Brazil, Mexico, Rest of Latin America), Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa) Some extract from Table of Contents:Overview of Global Containerized Data Center MarketContainerized Data Center Market by TypeContainerized Data Center Market by ApplicationGlobal Containerized Data Center Market by RegionContainerized Data Center Revenue, Sales, and Growth RateContainerized Data Center Competitive Situation and TrendsAnalyze competitors, including all important parameters of Containerized Data CenterContainerized Data Center Market Manufacturing Cost AnalysisMarketing Strategy AnalysisContainerized Data Center Research Conclusion This client-centric, leading edge and truthful Containerized Data Center Market report is generated with the experience of skilful, enthusiastic and innovative team.
Key elements of this report range from industry outlook along with critical success factors, industry dynamics or market definition in terms of drivers and restraints, market segmentation and value chain analysis, key opportunities or developments, application and technology outlook, regional or country level analysis to competitive landscape.
Methylene Diphenyl Diisocyanate Market is Expected to Rise at a CAGR of 5% during 2018 – 2025 .
Reports and Data have recently added a new report titled “Global PTFE Membrane Market Research Report 2021” to its ever-expanding repository which offers a comprehensive overview of the PTFE Membrane market including current and emerging trends, consumer behavior patterns, competitor strategies, brand promotions, and product launches, among others.
The report covers the initial and future impact assessment of the COVID-19 pandemic on the overall market and offers key insights into the remuneration condition in a post-COVID-19 scenario.
The report also offers key insights into production and consumption ratio, import/export, supply and demand patterns, market share, market size, and revenue growth.
The study also offers a comprehensive outlook for the driving and restraining factors along with micro and macro-economic factors expected to affect the growth of the industry.PTFE membranes are utilized in wastewater treatment, oil & gas refineries, industrial filtration, and pharmaceuticals among others.
The rise in demand for clean and safe water has elevated the investment in the treatment of water globally, hence driving the market for PTFE Membrane.
Expensive raw materials for PTFE Membrane, however, are expected to hinder the growth of the market.Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1188Key participants include Markel Corporation, Layne Christensen Company, Hyundai Micro Co., Ltd., Donaldson Company, Inc., Merck Millipore Co., Sartorius AG, Corning Inc., W. L. Gore & Associates, Inc., Pall Corporation, and General Electric Company.For the purpose of this report, Reports and Data have segmented the global PTFE Membrane market on the basis of type, pores size, application and region:Type Outlook HydrophilicHydrophobicUnlaminatedLaminatedPores Size Outlook 1μm2μm45μm65μm8μmRequest a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/1188Application Outlook Industrial FiltrationTextilesMedical & PharmaceuticalsWater and Wastewater TreatmentArchitecturePetrochemical & Chemical ProcessingKey Questions Answered by the Report:What market segment is expected to register the highest growth in the forecast period?What are the risks and threats that are affecting the market?Which region is expected to dominate other regions over the forecast period?Who are the prominent players of the industry?
The global RFID Tags Market report has been strategically curated to fulfil the needs of the customer through in-depth analysis of the RFID Tags Market that can assist the customer in gaining actionable insights regarding the RFID Tags Market.The global RFID Tags Market report for the forecast period of 2013 – 2023 is a key insight into the RFID Tags Market across various parameters.
The solid research on the RFID Tags Market is prepared with the aim to meet the requirements of the customer in terms of the availability of data, analytics, statistics, and an accurate forecast of the RFID Tags Market.
The research has been conducted keeping a base year as reference to identity the RFID Tags Market trends and hence accurately project the forecast of the RFID Tags Market.Ask for Report Brochure of RFID Tags Market @ http://orbisresearch.com/contacts/request-sample/1003486The global RFID Tags Market report covers the overview of the market which provides the customer detailed information about the RFID Tags Market such as the different types of products, the applications of the products and their performance in the market.
This can help the customer relate to the market and gain requisite insights into the RFID Tags Market for better understanding and planning.The report further covers the various drivers, challenges, and trends in the global market as well as in the regional markets.
It is necessary to understand all the drivers and restraints one might face in the market to plan the growth campaign effectively and realize substantial benefits.
Furthermore, the region which is recording the fastest growth rate is also covered.The regions covered in this global RFID Tags Market report include:North AmericaEuropeChinaJapanAPACLatin AmericaBy types, the RFID Tags Market is segmented into the following:HF RFID ChipUHF RFID ChipLF RFID ChipBy Applications, the RFID Tags Market is segmented into the following:Retail and Consumer GoodsLogistics and ManufacturingGovernmentAerospace and DefenseOthersPurchase a single user copy of Global RFID Tags Market @ http://orbisresearch.com/contacts/enquiry-before-buying/1003486The type with the fastest growth rate for the forecast period and the type holding the highest market share are mentioned in the report along with a detailed analysis of each type in the global RFID Tags Market report.
Fairfield Market Research assesses the serious need for sustainable solutions as the world finds itself in the tight grip of global warming.
In a bid to offer cleaner supplies, manufacturers are focusing on transforming existing techniques into greener ones.
The market is expected to face a shift towards eco-friendly and sustainable products due to the stringent regulation of government bodies.
Consumers are increasingly changing their preference and becoming more conscious hence, they are choosing eco-friendly alternative colour shades.
Increased raw material prices and energy cost are key factors that can bring challenges in the growth of the global pigment market.
Another major restrain faced by the market is maintaining stability in the supply of intermediaries and finished product as the market heavily relies on these two.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
