Key Market Indicators
Synthetic fiber consumption is projected to surge to approximately 31.2 million kilograms by 2028, up from around 30.4 million kilograms in 2023. This marks a compound annual growth rate (CAGR) of 0.4%. Demand for synthetic fibers has seen a steady increase, rising by 1.4% annually. Among European nations, Italy, Poland, and the United Kingdom have emerged as key players, occupying the second, third, and fourth positions respectively in synthetic fiber consumption rankings.
