Textile Fibers: Global Strategic Business Report

Report
313 Pages
April 2024
Region: Global
Global Industry Analysts, Inc
ID: 338797

Global Textile Fibers Market to Reach $66.5 Billion by 2030

The global market for Textile Fibers estimated at US$41.7 Billion in the year 2022, is projected to reach a revised size of US$66.5 Billion by 2030, growing at a CAGR of 6% over the analysis period 2022-2030.

The U.S. Market is Estimated at $11.4 Billion, While China is Forecast to Grow at 9.7% CAGR

The Textile Fibers market in the U.S. is estimated at US$11.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$14.6 Billion by the year 2030 trailing a CAGR of 9.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.

Select Competitors (Total 282 Featured) -

Aditya Birla Group
Aksa Akrilik Kimya Sanayii A.S.
Asahi Kasei Corporation
Barnhardt Manufacturing Company
Celanese Corporation
Crescent Textile Mills Ltd.
Daicel Corporation
DAK Americas LLC
Dow Inc.
Eastman Chemical Company
ES FiberVisions Inc.
Far Eastern New Century Corporation
Formosa Plastics Group
Freudenberg Performance Materials
Grasim Industries Limited
Honeywell International, Inc.
Hyosung Corp.
Indorama Ventures Public Company Limited
INVISTA
Jaya Shree Textiles
Kuraray Co. Ltd.
Marzotto SpA
Mitsubishi Chemical Corporation
Montefibre SpA
Nan Ya Plastics Corporation
NatureWorks LLC
Recron Malaysia Sdn Bhd
Reliance Industries Ltd.
SASA Polyester Sanayi A.S.
Sinopec Yizheng Chemical Fiber Co. Ltd.
Sinterama SpA
Solvay S.A.
Tangshan Sanyou Xingda Chemical Fiber Co. Ltd.
Thai Polyester Company Limited
Thai Rayon Public Co. Ltd.
The Lenzing Group
Toray Industries Inc.
Unifi Inc.
Weiqiao Textile Co. Ltd.

What's New?

Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Textile Fibers and Yarns - Basic Unit in Textile Manufacture
Recent Market Activity
Textile Fibers and Textiles Industry
Future Prospects Remain Optimistic
Asia-Pacific: The Dominant Consumer
Synthetic Fibers Market to Post Healthy Expansion
Scarcity and Volatility of Natural Fibers Production Drive Demand for Synthetic Fibers
Cotton Fibers Market - An Overview
Cellulosic Fibers (Plant-Based Fibers) and Their Sources
Textile Fibers - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

Aditya Birla Group (India)
Aksa Akrilik Kimya Sanayii A.S. (Turkey)
Asahi Kasei Corporation (Japan)
Barnhardt Manufacturing Company (USA)
Crescent Textile Mills Ltd. (Pakistan)
DAK Americas LLC (USA)
Eastman Chemical Company (USA)
Formosa Plastics Group (Taiwan)
Nan Ya Plastics Corporation (Taiwan)
Freudenberg Performance Materials (Germany)
Honeywell International Inc. (USA)
Hyosung Corp. (South Korea)
Indorama Ventures Public Company Limited (Thailand)
INVISTA (USA)
Kuraray Co., Ltd. (Japan)
Marzotto SpA (Italy)
Mitsubishi Chemical Corporation (Japan)
Montefibre SpA (Italy)
Recron Malaysia Sdn Bhd (Malaysia)
SASA Polyester Sanayi A.S. (Turkey)
Sinopec Yizheng Chemical Fiber Co. Ltd. (China)
Solvay S.A. (Belgium)
Thai Polyester Company Limited (Thailand)
The Lenzing Group (Austria)
Toray Industries Inc. (Japan)
Weiqiao Textile Co. Ltd. (China)

3. MARKET TRENDS & DRIVERS

Growing Demand for Synthetic Fibers Challenges Widespread Adoption of Cellulosic Man-Made Fibers
Rising Preference for Polyester Drives Down Interest in Man-Made Cellulosic Fibers
Polyester Fibers Find Improved Demand in Carpet industry
Cellulose Fibers Market Poised to Exhibit Healthy Growth
Specialty Fibers Market to Experience Impressive Growth
Aramid Fibers to Witness Unwavering Demand in End-Use Industries
Para-Aramid Fibers - The Leading Aramid Fiber Category
Meta-Aramid Fibers
High Temperature Fibers
Technical Fibers
Electrospun Cellulose Acetate Fibers with Fluorescent Nanoparticles Developed for Anti-Counterfeiting Applications
Demand for Fibers Mirrors GDP Growth

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Recent Past, Current & Future Analysis for Textile Fibers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 2: World Historic Review for Textile Fibers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 3: World 16-Year Perspective for Textile Fibers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
Table 4: World Textile Fibers Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030

III. MARKET ANALYSIS

UNITED STATES

Textile Fibers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
Table 5: USA Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 6: USA Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

CANADA

Table 7: Canada Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 8: Canada Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

JAPAN

Textile Fibers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
Table 9: Japan Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 10: Japan Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

CHINA

Textile Fibers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
Table 11: China Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 12: China Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

EUROPE

Textile Fibers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
Table 13: Europe Recent Past, Current & Future Analysis for Textile Fibers by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 14: Europe Historic Review for Textile Fibers by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 15: Europe 16-Year Perspective for Textile Fibers by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2023 & 2030

FRANCE

Textile Fibers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
Table 16: France Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 17: France Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

GERMANY

Textile Fibers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
Table 18: Germany Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 19: Germany Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

ITALY

Table 20: Italy Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 21: Italy Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

UNITED KINGDOM

Textile Fibers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
Table 22: UK Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 23: UK Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

SPAIN

Table 24: Spain Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 25: Spain Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

RUSSIA

Table 26: Russia Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 27: Russia Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

REST OF EUROPE

Table 28: Rest of Europe Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 29: Rest of Europe Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

ASIA-PACIFIC

Textile Fibers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
Table 30: Asia-Pacific Recent Past, Current & Future Analysis for Textile Fibers by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 31: Asia-Pacific Historic Review for Textile Fibers by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 32: Asia-Pacific 16-Year Perspective for Textile Fibers by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2023 & 2030

AUSTRALIA

Textile Fibers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
Table 33: Australia Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 34: Australia Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

INDIA

Textile Fibers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
Table 35: India Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 36: India Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

SOUTH KOREA

Table 37: South Korea Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 38: South Korea Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

REST OF ASIA-PACIFIC

Table 39: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 40: Rest of Asia-Pacific Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

LATIN AMERICA

Textile Fibers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
Table 41: Latin America Recent Past, Current & Future Analysis for Textile Fibers by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 42: Latin America Historic Review for Textile Fibers by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 43: Latin America 16-Year Perspective for Textile Fibers by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2014, 2023 & 2030

ARGENTINA

Table 44: Argentina Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 45: Argentina Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

BRAZIL

Table 46: Brazil Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 47: Brazil Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

MEXICO

Table 48: Mexico Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 49: Mexico Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

REST OF LATIN AMERICA

Table 50: Rest of Latin America Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 51: Rest of Latin America Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

MIDDLE EAST

Textile Fibers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
Table 52: Middle East Recent Past, Current & Future Analysis for Textile Fibers by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 53: Middle East Historic Review for Textile Fibers by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 54: Middle East 16-Year Perspective for Textile Fibers by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2014, 2023 & 2030

IRAN

Table 55: Iran Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 56: Iran Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

ISRAEL

Table 57: Israel Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 58: Israel Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

SAUDI ARABIA

Table 59: Saudi Arabia Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 60: Saudi Arabia Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

UNITED ARAB EMIRATES

Table 61: UAE Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 62: UAE Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

REST OF MIDDLE EAST

Table 63: Rest of Middle East Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 64: Rest of Middle East Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

AFRICA

Textile Fibers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
Table 65: Africa Recent Past, Current & Future Analysis for Textile Fibers by Product Segment - Textile Fibers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 66: Africa Historic Review for Textile Fibers by Product Segment - Textile Fibers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Aditya Birla Group
Aksa Akrilik Kimya Sanayii A.S.
Asahi Kasei Corporation
Barnhardt Manufacturing Company
Celanese Corporation
Crescent Textile Mills Ltd.
Daicel Corporation
DAK Americas LLC
Dow Inc.
Eastman Chemical Company
ES FiberVisions Inc.
Far Eastern New Century Corporation
Formosa Plastics Group
Freudenberg Performance Materials
Grasim Industries Limited
Honeywell International, Inc.
Hyosung Corp.
Indorama Ventures Public Company Limited
INVISTA
Jaya Shree Textiles
Kuraray Co. Ltd.
Marzotto SpA
Mitsubishi Chemical Corporation
Montefibre SpA
Nan Ya Plastics Corporation
NatureWorks LLC
Recron Malaysia Sdn Bhd
Reliance Industries Ltd.
SASA Polyester Sanayi A.S.
Sinopec Yizheng Chemical Fiber Co. Ltd.
Sinterama SpA
Solvay S.A.
Tangshan Sanyou Xingda Chemical Fiber Co. Ltd.
Thai Polyester Company Limited
Thai Rayon Public Co. Ltd.
The Lenzing Group
Toray Industries Inc.
Unifi Inc.
Weiqiao Textile Co. Ltd.

Table Information

Report Attribute	Details
No. of Pages	313
Published	April 2024
Forecast Period	2020 - 2027
Estimated Market Value ( USD ) in 2020	$ 38.8 Billion
Forecasted Market Value ( USD ) by 2027	$ 55.5 Billion
Compound Annual Growth Rate	5.2%
Regions Covered	Global

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Global Textile Fibers Market to Reach $66.5 Billion by 2030

The U.S. Market is Estimated at $11.4 Billion, While China is Forecast to Grow at 9.7% CAGR

Select Competitors (Total 282 Featured) -

What's New?

Table of Contents

Companies Mentioned (Partial List)

Table Information

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