Global Synthetic Fibers Market to Exceed 49 Million Tons by 2015, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Synthetic Fibers market. The annual global demand for synthetic fibers is projected to exceed 49 million tons by the year 2015. This is primarily driven by the increasing demand for technologically competent processes and product, trouble-free manageability for man-made fabrics, and low prices for synthetic fibers. However, the scope of low-price factor remains limited due to rising costs of raw materials, transportation, and energy.

Synthetic Fibers: A Global Strategic Business Report

The demand for synthetic fibers exceeds that of cotton in the textile market, as the economic scenario is in favor of the low-cost man-made products. Improvements in technologies and marketing strategies further induce heavy utilization of man-made fibers. Additionally, synthetic fibers require less energy and washing, as the drying time is low and the fabric is less prone to get soiled.

China dominates the global synthetic fibers market as stated by the new market research report on synthetic fibers market. China would continue to witness rapid growth in the production and consumption of synthetic fibers, and further strengthen its stance in the global market. Shortage of raw materials, rising demand for eco-friendly products, and increasing awareness among population towards environmental degradation, are the major challenges for synthetic fibers industry.

Key players profiled in the report include ALFA, S.A.B. DE C.V., Asahi Kasei Fibers Corporation, BASF Corporation, Cydsa SAB de CV, FIBER VISIONS, L.P., Guilford Mills, Inc., Indorama Group, INVISTA, Kaneka Corporation, Lenzing AG, Mitsubishi Rayon Company Limited, Performance Fibers, Inc., Radici Partecipazioni, SPA, Reliance Industries Limited, Teijin Fibers Ltd., Toyobo Co. Ltd., and Universal Fiber Systems, LLC, among others.

The report titled "Synthetic Fibers: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of industry overview, product overview, profiles of major players, and strategic corporate developments. The report analyzes market data and analytics in terms of volume demand for regions including the US, Europe, Asia-Pacific, and Rest of World.

For more details about this comprehensive market research report, please visit -

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR(dot)com
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