Key Market Indicators
Synthetic fiber consumption is projected to hit approximately 91 million kilograms by 2028, up from around 86 million kilograms in 2023. This marks an average annual growth rate of 1%. However, it's worth noting that demand experienced a slight decline of 0.1% year-over-year recently. In the European market, Italy, Poland, and the United Kingdom are leading the charge, ranking second, third, and fourth, respectively, in synthetic fiber consumption.
