Key Market Indicators
Synthetic fiber consumption is projected to hit 30.2 million kilograms by 2028, up from 26.3 million kilograms in 2023. This reflects an average annual growth rate of 2.2%. Over the past year, demand for synthetic fiber surged by 4%. Noteworthy players in this market include Italy, Poland, and the United Kingdom, which hold the second, third, and fourth spots in the rankings, respectively.