DUBLIN–(BUSINESS WIRE)–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.
Companies Mentioned
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:
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/chyi64
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