The Key Players in The Global Synthetic Fibers Market 2015-2019

Thursday 16 April 2015, Amsterdam

The report recognizes the following companies as the key players in the Global Synthetic Fibers Market: Jushi Group Co. Ltd., Owens Corning Corp., Teijin Ltd., Toho Tenax Co. Ltd. and Toray Industries Inc.

Other Prominent Vendors in the market are: Akra Polyester, ALFA, Asahi Kasei Fiber, BASF, Bayer, BP Amono, Cydsa SAB, DAK America, DuPont, Eastman, Far Eastern New Century, Fiber Visions, Guilford Mills, Huvis, Hyosung, Indorama Group, Invista, Jiangsu Hengli Chemical Fiber, Jiangsu Sanfangxian, Kaneka, Kuraray, Lenzing, Mitsubishi Rayon, Nan Ya Plastics, Performance Fibers, Radici Partecipazioni, Recron, Reliance Industries, Technical Absorbents, Toyobo and Unitika.

The report said: “One major trend upcoming in the market is the development of green synthetic fibers. Manufacturers are developing techniques to produce green synthetic fibers, which are basically derived from a plant source rather that petrochemicals.”

According to the report, the most important driver of this market is an increase in the demand for light and strong materials. High-strength synthetic fibers showcase better performance in comparison with other fibers.

Further, the report states that one of the major challenges confronting the market is that synthetic fibers are non-biodegradable and non-skin friendly; materials made using synthetic fibers are also difficult to recycle. The non-skin-friendly characteristics of synthetic fibers can lead to rashes and allergies for consumers through the usage of materials made from synthetic fibers.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.