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TEXTILE FIBERS

Global Market Trajectory & Analytics

MCP-2819

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  •  DATE

    JULY 2020

  •  TABLES

    114

  •  PAGES

    355

  •  EDITION

    16

  •  PRICE

    USD $5600


COVID-19 IMPACT SURVEY
Amid the COVID-19 crisis, the global market for Textile Fibers estimated at 109.5 Million Tons in the year 2020, is projected to reach a revised size of 127.3 Million Tons by 2027, growing at a CAGR of 2.2% over the analysis period 2020-2027. Synthetic Fibers, one of the segments analyzed in the report, is projected to record a 2.5% CAGR and reach 82.3 Million Tons by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cotton segment is readjusted to a revised 0.7% CAGR for the next 7-year period.
The Textile Fibers market in the U.S. is estimated at 29.6 Million Tons in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 25.1 Million Tons by the year 2027 trailing a CAGR of 4.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.4% and 1.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.9% CAGR.
In the global Wood-based Fibers segment, USA, Canada, Japan, China and Europe will drive the 3.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of 5 Million Tons in the year 2020 will reach a projected size of 6.5 Million Tons by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 17.2 Million Tons by the year 2027, while Latin America will expand at a 5.4% CAGR through the analysis period. We bring years of research experience to this 16th edition of our report. The 355-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others, Aditya Birla Group; Aksa Akrilik Kimya Sanayii A.S.; Asahi Kasei Corporation; Barnhardt Manufacturing Company; Celanese Corporation; Crescent Textile Mills Ltd.; Daicel Corporation; DAK Americas LLC; Dow Inc.; Eastman Chemical Company; ES FiberVisions Inc.; Far Eastern New Century Corporation; Formosa Plastics Group; Freudenberg Performance Materials; Grasim Industries Limited; Honeywell International, Inc.; Hyosung Corp.; Indorama Ventures Public Company Limited; INVISTA; Jaya Shree Textiles; Kuraray Co. Ltd.; Marzotto SpA; Mitsubishi Chemical Corporation; Montefibre SpA; Nan Ya Plastics Corporation; NatureWorks LLC; Recron Malaysia Sdn Bhd; Reliance Industries Ltd.; SASA Polyester Sanayi A.?.; Sinopec Yizheng Chemical Fiber Co. Ltd.; Sinterama SpA; Solvay S.A.; Tangshan Sanyou Xingda Chemical Fiber Co. Ltd.; Thai Polyester Company Limited; Thai Rayon Public Co. Ltd.; The Lenzing Group ; Toray Industries Inc.; Unifi Inc.; Weiqiao Textile Co. Ltd.
» Product Segment (Synthetic Fibers, Cotton, Wood-based Fibers, Other Fibers)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa

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