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China Synthetic Fiber Market by Fiber Type and Application: Opportunity Analysis and Industry Forecast, 2020-2027

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  • 116 Pages
  • April 2021
  • Region: China
  • Allied Market Research
  • ID: 5341600
The China synthetic fiber market size was valued at $17.0 billion in 2019, and is projected to reach $26.5 billion by 2027, growing at a CAGR of 6.0% during the forecast period.

Synthetic fibers are man-made fibers that are manufactured through chemical synthesis. Properties such as durability, elasticity, and softness make it suitable for applications such as apparel, automotive, and home décor. Fiberglass, mineral wool, polymer non-woven fiber, and polyester are some types of synthetic fiber. Fiberglass also known as glass reinforced plastic or glass fiber reinforced is a lightweight, strong, and less brittles synthetic fiber. Mineral wool is an inorganic and non-metallic compound that is manufactured using mixtures of materials such as stone or silica at elevated temperature range until it turns into molten form. Polymer non-woven fibers offer beneficial properties such as strength, temperature resistance, absorbency, sustainability, and it can be molded into shapes. Polyester is manufactured using coal and petroleum that offers enhanced durability.

The growth of the China synthetic fiber market is attributed to the factors such as rise in production of petrochemical-based synthetic fibers. Petrochemical-based synthetic fibers dominate the global fiber production while 65% of all fiber is produced in China that is majorly used by textile sector. According to the China National Textile and Apparel Council, the China textile sector accounted for $400 million through export and it is predicted to rise with 7% annual growth rate. It is the major growth factor that is predicted to boost the growth of the Chin synthetic fiber market during the forecast period.

Furthermore, rise in interest among Chinese families regarding designing their home and increase in real estate sector boost the demand of synthetic fiber in China. Non-woven fibers are widely used in home décor applications such as furniture, lamp shades, mattress & bedding, and wall coverings. Non-woven fiber offers advantages such as light weight, high strength, softness, and flexibility, making it suitable for home décor applications. However, natural fibers are gaining importance in polymer composite applications such as automotive, construction, and packaging. It is the major factor that is predicted to hamper market growth.

Synthetic fibers are used in the automotive sector in various applications such as production of automobile carpets, seating fabrics, safety belts, and airbags. In addition, it can also be used during manufacturing of floor & door panels, air filters, insulation materials, door upholstery, and fuel filters. The automotive sector in China is largest in the world In termss of unit production since 2016. In 2018, the annual automobile production of China was over 30%, owing to the well-established automotive sector. This factor is predicted to offer lucrative opportunity to the China synthetic fiber market.

The China synthetic fiber market is segmented on the basis of fiber type and application. Depending on fiber type, the market is categorized into fiberglass, mineral wool, polymer non-woven, and other. On the basis of application, the China synthetic fiber market is classified into apparel, home décor, building & construction, automotive, appliances, and others. The appliance application is further sub-segmented into water heater, large cooking appliances, dishwashers, dryers, and others.

Some of the major players analyzed in this report are Changzhou Tianma Group Co. Ltd., China Jushi Co. Ltd., Foshan Rayson Non-Woven Co. Ltd., Hebei Yuniu Fiberglass Manufacturing Co. Ltd., Jia He Taizhou Glass Fiber Co. Ltd., Luyang Energy-Saving Materials Co, Ltd., Owens Corning, Rockwool China, Toray Fibers (Nantong) Co. Ltd., and Shuhai Huali Advanced Material Co. Ltd.

The China synthetic fiber market report provides in-depth competitive analysis as well as profiles of these major players.

Key Benefits for Stakeholders

  • Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • It outlines the current trends and future estimations of the market from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets.
  • The key drivers, restraints, and opportunities and their detailed impact analysis are explained in the study.
  • The profiles of key players and their key strategic developments are enlisted in the report.

Key Market Segments

By Fiber Type

  • Fiberglass
  • Mineral Wool
  • Polymer Non-Woven
  • Others

By Application

  • Apparel
  • Home Décor
  • Building & Construction
  • Automotive
  • Appliances
  • Water Heater
  • Large Cooking Appliances
  • Dishwashers
  • Dryers
  • Others
  • Others

Key Players in the China synthetic fiber market are:

1. Changzhou Tianma Group Co. Ltd.,
2. China Jushi Co. Ltd.
3. Foshan Rayson Non-Woven Co. Ltd.
4. Hebei Yuniu Fiberglass Manufacturing Co. Ltd.
5. Jia He Taizhou Glass Fiber Co. Ltd.
6. Luyang Energy-Saving Materials Co, Ltd.
7. Owens Corning
8. Rockwool China
9. Toray Fibers (Nantong) Co. Ltd.
10. Shuhai Huali Advanced Material Co. Ltd.

Table of Contents

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.5. Analyst tools and models
2.1. Key findings of the study
2.2. CXO perspective
3.1. Market definition and scope
3.2. Porter’s five forces analysis
3.3. Market dynamics
3.3.1. Drivers Increase in use of synthetic fiber in the building & construction sector Growth innumber of automotive keyplayers
3.3.2. Restraint Environmental pollution attributed due to synthetic fibers
3.3.3. Opportunity Growing apparel sector will offer new opportunity in the market
3.4. Pricing analysis
3.5. Value chain analysis
3.6. Impact of key regulations on the China synthetic fiber market
3.7. Impact of COVID-19 on the China synthetic fiber market
3.8. Patent analysis, 2012-2020
4.1. Overview
4.1.1. Market size and forecast, by fiber type
4.2. Fiberglass
4.2.1. Key market trends, growth factors, and opportunities
4.3. Mineral wool
4.3.1. Key market trends, growth factors, and opportunities
4.4. Polymer non-woven
4.4.1. Key market trends, growth factors, and opportunities
4.5. Others
4.5.1. Key market trends, growth factors, and opportunities
5.1. Overview
5.1.1. Market size and forecast, by application
5.2. Apparel
5.2.1. Key market trends, growth factors, and opportunities
5.3. Home decor
5.3.1. Key market trends, growth factors, and opportunities
5.4. Building & construction
5.4.1. Key market trends, growth factors, and opportunities
5.5. Automotive
5.5.1. Key market trends, growth factors, and opportunities
5.6. Appliances
5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Water heater
5.6.3. Large cooking appliances
5.6.4. Dishwashers
5.6.5. Dryers
5.6.6. Others Market size and forecast, by appliances
5.7. Others
5.7.1. Key market trends, growth factors, and opportunities
6.1. Introduction
6.1.1. Market player positioning, 2020
6.2. Top winning strategies
6.2.1. Top winning strategies, by year
6.2.2. Top winning strategies, by development
6.2.3. Top winning strategies, by company
6.3. Product mapping of top 10 player
6.4. Competitive dashboard
6.5. Competitive heatmap
6.6. Key developments
6.6.1. New product launches
6.6.2. Other developments
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Product portfolio
7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Business performance
7.2.6. Key strategic moves and developments
7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Product portfolio
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Product portfolio
7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Product portfolio
7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Product portfolio
7.7.5. Business performance
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio
7.8.5. Business performance
7.8.6. Key strategic moves and developments
7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product portfolio
7.9.5. Business performance
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Product portfolio
List of Tables
Table 01. Pricing Analysis, by Fiber Type, 2019-2027 ($/Ton)
Table 02. China Synthetic Fiber Market, by Fiber Type, 2019-2027 ($Million)
Table 03. China Synthetic Fiber Market, by Fiber Type, 2019-2027 (Kiloton)
Table 04. China Synthetic Fibermarket, by Application, 2019-2027 ($Million)
Table 05. China Synthetic Fiber Market, by Application, 2019-2027 (Kiloton)
Table 06. China Synthetic Fiber Market by Applianceapplication, 2019-2027 ($ Millon)
Table 07. China Synthetic Fiber Market by Appliance Application, 2019-2027 (Kiloton)
Table 08. Key New Product Launches (2017-2021)
Table 09. Other Key Developments (2017-2021)
Table 10. Tianma: Company Snapshot
Table 11. Tianma: Product Portfolio
Table 12. China Jushi: Company Snapshot
Table 13. China Jushi: Operating Segments
Table 14. China Jushi: Product Portfolio
Table 15. Overall Financial Status ($Million)
Table 16. China Jushi: Key Strategic Move and Development
Table 17. Foshan Rayson: Company Snapshot
Table 18. Foshan Rayson: Product Portfolio
Table 19. Yuniu Fiberglass: Company Snapshot
Table 20. Yuniu Fiberglass: Product Portfolio
Table 21. Jiahe: Company Snapshot
Table 22. Jiahe: Product Portfolio
Table 23. Luyang: Company Snapshot
Table 24. Luyang: Operating Segments
Table 25. Luyang: Product Portfolio
Table 26. Overall Financial Status ($Million)
Table 27. Owens Corning: Company Snapshot
Table 28. Owens Corning: Operating Segments
Table 29. Owens Corning: Product Portfolio
Table 30. Overall Financial Status ($Million)
Table 31. Rockwool Group: Company Snapshot
Table 32. Rockwool Group: Operating Segments
Table 33. Rockwool Group: Product Portfolio
Table 34. Overall Financial Status ($Million)
Table 35. Rockwool Group: Key Strategic Moves and Developments
Table 36. Nantong: Company Snapshot
Table 37. Nantong: Operating Segments
Table 38. Nantong: Product Portfolio
Table 39. Overall Financial Status ($Million)
Table 40. Huali Thermal Insulation: Company Snapshot
Table 41. Huali Thermal Insulation: Product Portfolio
List of Figures
Figure 01. China Synthetic Fiber Market Snapshot
Figure 02. Globalchina Synthetic Market Segmentation
Figure 03. Moderate Bargaining Power of Suppliers
Figure 04. High Bargaining Power of Buyers
Figure 05. Moderate Threat of New Entrants
Figure 06. Moderate Threat of Substitutes
Figure 07. High Intensity of Competitive Rivalry
Figure 08. China Synthetic Fibermarket Dynamics
Figure 09. Value Chain Analysis
Figure 10. Patent Analysis, by Country, 2020
Figure 11. Patent Analysis, by Applicant, 2012-2020
Figure 12. Patent Analysis, by Publication Date, 2012-2020
Figure 13. Global China Synthetic Fiber Market, by Fiber Type, 2019-2027 ($Mililion)
Figure 14. China Synthetic Fiber Market, by Application, 2019-2027 ($Mililion)
Figure 15. Market Player Positioning, 2020
Figure 16. Top Winning Strategies, by Year, 2017-2020
Figure 17. Top Winning Strategies, by Development, 2017-2020 (%)
Figure 18. Top Winning Strategies, by Company, 2017-2020
Figure 19. Product Mapping of Top 10 Players
Figure 20. Competitive Dashboard
Figure 21. Competitive Heatmap of Key Players
Figure 22. China Jushi: Revenue, 2018-2020 ($Million)
Figure 23. China Jushi: RevenU.S.are by Region, 2020 (%)
Figure 24. Luyang: Revenue, 2017-2019 ($Million)
Figure 25. Luyang: RevenU.S.are by Region, 2019 (%)
Figure 26. Owens Corning: Revenue, 2018-2020 ($Million)
Figure 27. Owens Corning: RevenU.S.are by Segment, 2020 (%)
Figure 28. Owens Corning: RevenU.S.are by Region, 2020 (%)
Figure 29. Rockwool Group: Revenue, 2018-2020 ($Million)
Figure 30. Rockwool Group: RevenU.S.are by Segment, 2020 (%)
Figure 31. Rockwool Group: RevenU.S.are by Region, 2020 (%)
Figure 32. Nantong: Revenue, 2017-2019 ($Million)
Figure 33. Nantong: RevenU.S.are by Segment, 2019 (%)


The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.


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