Key Market Indicators
Synthetic fiber consumption is projected to reach 319 million kilograms by 2026. In 2020, the figure stood at 293 million kilograms, representing an average annual growth of 1.4%. As demand rose 1.8% year-on-year, Italy, the United Kingdom and Spain were the second, third and fourth largest consumers, respectively.
Synthetic Fiber Market Data and Forecasts
How much will Synthetic Fiber Market grow to 2026?
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Chemical Synthetics: Exploring the Intricacies of the Global Cellulose Esters Market
The cellulose esters market is experiencing significant growth. This can be attributed to the diverse application areas of cellulose esters. These organic compounds are regularly utilized in the production of coatings, films and textiles, to mention a few. Additionally, the surge in pharmaceutical productions globally, in which cellulose esters are...
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Chemical Industry: Unraveling the Seismic Shifts in the Global Polystyrene Market Landscape
The current global scenario paints a dynamic picture for the polystyrene market. The altering trend is to a great extent, an upshot of fluctuating demand, driven by both global policies fostering green, sustainable options, and emerging market dynamics like raw material availability and pricing. Increasing environmental obligations along with the...
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Exploring Market Dynamics: Acrylic Acid Industry's Global Scope and Emerging Trends
Acrylic acid, a raw material for superabsorbent polymers, coatings, textiles, sealants, and adhesives, continues to influence the manufacturing sector globally. The current market is particularly shaped by the dynamism and interplay of demand, supply, and pricing cycles. Most notably, manufacturers from emerging countries in Asia-Pacific, like China and India, are...
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Polyethylene Industry Unveiled: Key Insights and Future Growth Trends
The polyethylene market's growth is spurred by a variety of factors. Strong demand from the packaging sector, particularly for flexible and shrink packaging, is a major driver. Furthermore, emerging markets and the development of newer technologies are leading to various innovations in polyethylene applications. Moreover, recycling and green initiatives might...
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Understanding Polyurea: Remarkable Growth in Diverse Applications and Global Impact Factors
As an economic analyst, it’s vital to underline the vigorous growth of the global polyurea market. The energy imbued in this expansion is primarily fueled by the versatility of polyurea as an advanced technology resistant to abrasion, corrosion, and water. Consequently, this positions it as a premium choice in various...
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