• About us
  • Contact Us
  • Submit a Press Release
Thursday, February 9, 2023
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
South-Africana
No Result
View All Result
Submit PR
  • AFRICA
    Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

    Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

    Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

    Spotcovery, intermediaire entre les Afro-Américains et les Africains, a lancé un outil d’optimisation sur le site

    Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

    Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

    The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

    Mradi wa Maji waiimarisha ahadi yake ya kusafisha maji katika Kaunti ya Vihiga, Kenya

  • Botswana

    Botswana increases 2022 economic growth forecast to 6.7% – Reuters.com

    Scatec refinances US$100 million facility – PV-Tech

    Wide Support For New WHO ‘Best Buys’ To Address NCDs – Health Policy Watch

    Three Youth-Led African Agritech Businesses Receive Investment To Help Scale Up African Agriculture – Forbes

  • Eswatini

    Ngoma over the moon with spa and restaurant business – Caj News Africa

    Why Russia Is Failing To Gain Influence In Africa – Yahoo Finance

    Eswatini: Everything for patients – ZAWYA

    Combating the water crisis in Eswatini in southern Africa – Church News

  • Lesotho

    Meet the female cycling addicts – Business Daily

    Lesotho Increases Fruit Production – ZAWYA

    South Africa: President Ramaphosa encouraged by progress achieved in the Kingdom of Lesotho – ZAWYA

    Movers & Shakers: Five promotions at Health and Aged Care – The Mandarin

  • Namibia

    Local mining sector to showcase investment opportunities at SA … – Namibia Economist

    Osino receives offers to finance Twin Hills – Namibian

    /Ae//Gams Festival set for April – Participation applications now open – Namibia Economist

    Zooming in on Polycystic ovary syndrome – Namibia Economist

  • South Africa

    South Africa's biggest retailer is offering all-inclusive bursaries for … – BusinessTech

    EMERGING MARKETS-Turkey's lira hits fresh low; Sino-U.S. tensions weigh on China shares – Yahoo Finance

    South Africa’s biggest retailer is offering all-inclusive bursaries for 2023 – here’s how to apply – BusinessTech

    Lesotho, South Africa discuss issues of Mutual Interest – African Business

    Big changes for food labels in South Africa – including sugar warnings and an end to ‘super-food’ – BusinessTech

    Discount retailer Pepkor first quarter sales up 6.5% on store expansion

    Trending Tags

    • Press releases

      UHT Processing Market Statistics, Growth, Trends & Forecasts

      Industrial PC Market Worth $6.6 billion in 2028 at a CAGR of 5.5%

      Automotive Adhesive Tapes Market Size is projected to reach USD 12.1 Billion By 2026

      Automotive Adhesive Tapes Market Size is projected to reach USD 12.1 Billion By 2026

      Fatty Amines Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2024

      Fatty Amines Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2024

      Data Center Power Market Projected to Gain $26.1 billion by 2025

      Low VOC Adhesives Market worth $63.3 billion by 2026

      Low VOC Adhesives Market worth $63.3 billion by 2026

      Trending Tags

      • AFRICA
        Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

        Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

        Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

        Spotcovery, intermediaire entre les Afro-Américains et les Africains, a lancé un outil d’optimisation sur le site

        Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

        Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

        The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

        Mradi wa Maji waiimarisha ahadi yake ya kusafisha maji katika Kaunti ya Vihiga, Kenya

      • Botswana

        Botswana increases 2022 economic growth forecast to 6.7% – Reuters.com

        Scatec refinances US$100 million facility – PV-Tech

        Wide Support For New WHO ‘Best Buys’ To Address NCDs – Health Policy Watch

        Three Youth-Led African Agritech Businesses Receive Investment To Help Scale Up African Agriculture – Forbes

      • Eswatini

        Ngoma over the moon with spa and restaurant business – Caj News Africa

        Why Russia Is Failing To Gain Influence In Africa – Yahoo Finance

        Eswatini: Everything for patients – ZAWYA

        Combating the water crisis in Eswatini in southern Africa – Church News

      • Lesotho

        Meet the female cycling addicts – Business Daily

        Lesotho Increases Fruit Production – ZAWYA

        South Africa: President Ramaphosa encouraged by progress achieved in the Kingdom of Lesotho – ZAWYA

        Movers & Shakers: Five promotions at Health and Aged Care – The Mandarin

      • Namibia

        Local mining sector to showcase investment opportunities at SA … – Namibia Economist

        Osino receives offers to finance Twin Hills – Namibian

        /Ae//Gams Festival set for April – Participation applications now open – Namibia Economist

        Zooming in on Polycystic ovary syndrome – Namibia Economist

      • South Africa

        South Africa's biggest retailer is offering all-inclusive bursaries for … – BusinessTech

        EMERGING MARKETS-Turkey's lira hits fresh low; Sino-U.S. tensions weigh on China shares – Yahoo Finance

        South Africa’s biggest retailer is offering all-inclusive bursaries for 2023 – here’s how to apply – BusinessTech

        Lesotho, South Africa discuss issues of Mutual Interest – African Business

        Big changes for food labels in South Africa – including sugar warnings and an end to ‘super-food’ – BusinessTech

        Discount retailer Pepkor first quarter sales up 6.5% on store expansion

        Trending Tags

        • Press releases

          UHT Processing Market Statistics, Growth, Trends & Forecasts

          Industrial PC Market Worth $6.6 billion in 2028 at a CAGR of 5.5%

          Automotive Adhesive Tapes Market Size is projected to reach USD 12.1 Billion By 2026

          Automotive Adhesive Tapes Market Size is projected to reach USD 12.1 Billion By 2026

          Fatty Amines Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2024

          Fatty Amines Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2024

          Data Center Power Market Projected to Gain $26.1 billion by 2025

          Low VOC Adhesives Market worth $63.3 billion by 2026

          Low VOC Adhesives Market worth $63.3 billion by 2026

          Trending Tags

          Submit PR
          No Result
          View All Result
          South-africana
          Submit PR
          Home Press Releases

          Synthetic Fabric Market Size Forecast to Reach $1.6 Billion by 2026

          admin by admin
          March 6, 2022
          in Press Releases
          Share on FacebookShare on Twitter


          (EMAILWIRE.COM, March 06, 2022 ) Synthetic Fabric market size is forecast to reach US$1.6 billion by 2026, after growing at a CAGR of 3.2% during 2021-2026. Globally, inorganically made man-made fabric are known as synthetic fabric which is derived from synthetic fibres. Increasing use of synthetic fibres such as polybenzimidazole fiber in its raw state, or blended form with other fibers, due to its very high decomposition temperature is anticipated to raise the market growth. Owing to the superior chemical and physical properties such as durability, elasticity, strength, and others, the demand for synthetic fabric is estimated to rise over the forecast period. Unlike natural fabrics such as cotton and silk, synthetic fabrics are water and stain-resistant, and are more economical in comparison. In addition, the increasing demand for synthetic fabrics such as polyester, spandex or lycra fabric, and cuprammonium rayon for production of elegant dresses in the textile and apparel industry, is further estimated to drive the growth of the synthetic fabric market.

          COVID-19 Impact

          The COVID 19 outbreak widely affected the textile and apparel, healthcare, and transportation industries over the year 2020. Owing to the nationwide lockdown, the production process of various goods in these industries declined due to the non-functioning of the manufacturing plants. Globally, the textile and apparel industry is badly hit. The domestic sales and export of various textile products has also witnessed a halt during the COVID-19 outbreak. Thus, affecting the overall growth of the synthetic fabric market. Business communities even faced several issues related to manpower shortage, supply chain disturbance, and many more. However, rising demand for healthcare products emerged as a driving factor for synthetic fabrics with the increase in production of PPE, masks, and others, during these tough times.

          Synthetic Fabric Market Segment Analysis – By Type

          The polyester fabric segment held the largest share in the synthetic fabric market in 2020. Globally, polyester is one of the most widely used synthetic fabrics. Polyester’s rising use in clothes lowers production costs and raises affordability, while also improving shrinkage, durability, and wrinkling properties when blended with commonly used natural materials. Since polyester fabric is resistant to environmental conditions thus it remains a widely used and heavily produced fabric worldwide. Increasing use of polyester fabric in the apparel, homeware, and industrial applications for the production of shirts, suits, bath towels, pillows, films, and others, is anticipated to drive the growth of the synthetic fabric industry.

          Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=501417

          Report Price: $ 4500 (Single User License)

          Synthetic Fabric Market Segment Analysis – By Application

          Clothing segment held the largest share in the synthetic fabric market in 2020. Synthetic fabrics owing to its strong, durable, easy to dye, & soft, and highly absorbent properties, it is widely used in the clothing industry. The clothing application segment has led the market due to the ever-changing fashion trends influencing the demand for clothing across the world. In addition, to suit the expectations of consumers, industry producers are increasing their product range by launching innovative quality items in many variations. With the rising demand for more economical and convenient clothing the demand for synthetic fabric is further anticipated to rise during the forecast period.

          Synthetic Fabric MarketSegment Analysis – By End-Use Industry

          The textile and apparel industry segment held the largest share in the synthetic fabric market in 2020 and is growing at a CAGR of 5% during 2021-2026. A positive impact on the segment growth during the forecast period with the increasing demand for garments and accessories such as those made with cuprammonium rayon is set to drive the market growth. Owing to the changes in the garment industry, the clothing sector is developing at an unprecedented rate, which is positively impacting the textile and apparel industry. Thus, it is estimated that with the rising growth of the textile and apparel industry the synthetic fabric market will also rise over the forecast period.

          Synthetic Fabric MarketSegment Analysis – By Geography

          Asia-Pacific region dominated the synthetic fabric market with a share of 45% in the year 2020. APAC region is one of the leading man-made or synthetic fabric manufacturers in the world with China and India being the key consumer as well as supplier of synthetic fabrics. The rising growth of several end-use industries such as textile and apparel, transportation, sports, and others have uplifted the growth of the synthetic fabric market. For instance, according to the report ‘Technical Textiles: Emerging Opportunities and Investments’ released by the Federation of Indian Chambers of Commerce and Industry (FICC) the Indian technical textile market is expected to expand US$ 23.3 billion by 2027. India’s textiles industry contributed 11% share to India’s textiles and apparel exports in mercantile shipments in 2019-20. Exports stood at US$ 29.45 billion, as of March 2021. Low-value added and commodity products are the primary focus of India’s MMF-based textile production. In the APAC region, demand for synthetic fabrics with added value is growing substantially. High-end MMF textiles are also being manufactured in other APAC countries such as Taiwan, China, and South Korea, which is further driving the growth of the synthetic fabric industry.

          Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=501417

          Synthetic Fabric Market Drivers

          Increasing Demand for Economical Fabrics

          Polyester fabric has resulted in a very useful and easy to wear and purchase fabric, with low cost. It has numerous qualities which attract its usage in various end-use industries. It is recyclable, adaptable, and blendable along with other fabrics such as spandex or lycra fabric and cotton fabric as per the requirements. Similarly, acrylic fabric is also used as a cost-cutting measure with its blendable property with other natural fabrics such as cotton and wool. Acrylic fabric is soft to the touch, light-weight, and warm. Expanding acrylic fabrics, like other synthetic materials, is required to generate a useable final textile; stretching acrylic fibers renders them several times their original length, lowering costs, and increasing production efficiency. It is even used as a substitute for wool. Thus, the rising demand for economical fabrics such as polyester and acrylic owing to their alluring properties is estimated to drive the growth of the market.

          High Growth Rate of Transportation Industry

          With the rise in the country’s economy, the production and demand for transportation also increase. The transportation industry majorly includes aerospace, marine, automotive, and others. In these transportation sectors, synthetic fabrics are increasingly being used in applications such as seat covers, belts, and others. Also, the rising demand for synthetic fibers such as polybenzimidazole fiber in the aircraft walls fabrics, and other fabrics has uplifted the demand for synthetic fabric. In recent years, the rising production of transport such as aircraft and automotive has contributed towards the positive growth of the market. For instance, according to Organisation Internationale des Constructeurs d’Automobiles (OICA), in Austria, motor vehicle production increased from 1,64,900 units in 2018 to 1,79,400 units in the year 2019. Similarly, in Vietnam, the production of motor vehicles increased from 2,37,000 units in 2018 to 2,50,000 units in the year 2019. With the increasing production of automobiles, it is estimated that the demand for seat covers and belts will also rise, which would further drive the growth of the synthetic fabric industry in the forecast period.

          Synthetic Fabric Market Challenges

          Rising Environmental Effects Will Hamper the Market Growth

          Negative impacts of synthetic fabrics such as polyester on the environment are more general. From its production to its disposal, the polyester fabric has unfortunate environmental impacts at every stage of its use cycle. Similarly, polyvinyl chloride has the same impact on the environment. The material is neither biodegradable nor degradable, for decades. PVC-based products sustain their forms. The only breakdown that occurs is granulation, which possibly chokes the intestinal tract of animals upon their consumption, leading to their deaths. Moreover, environmental scientists have raised concerns about the pollution caused by synthetic fabrics such as polyester and polyvinyl chloride since it takes centuries to break down completely. Thus, increasing environmental effects with the rising usage of synthetic fabrics such as polyester and polyvinyl chloride will create hurdles for the growth of the market.

          Synthetic Fabric Market Landscape

          Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the synthetic fabric market. Major players in the synthetic fabric market are DUPont, Indorama Corporation, Asahi Kasei Fibers Corporation, Reliance Industries Limited, Skycorp Company, Lenzing AG, Mitsubishi Chemical Holding Corp., Adidas, Teijing Ltd., Toray Chemical Korea, Inc., Toyobo Co., Ltd., and others.

          Acquisitions/Technology Launches

          In January 2020, Adidas company announced that it will launch new fabrics made from recycled polyester and marine plastic waste and expand product lines that use them. By 2024, Adidas plans to recycle 100% of polyester fabrics used by them.

          Key Takeaways

          Asia-Pacific region dominates the synthetic fabric market owing to the increasing investments in the textile and apparel industry. For instance, according to Invest India, till March 2021, FDI in the textiles and apparel industry has increased up to US$3.75 bn.

          Increasing demand for seat covers and belts with an increase in production of various transports such as automotive and aircraft is estimated to drive the growth of the synthetic fabric market.

          Growing demand for hygiene products along with rising government investment promotion schemes will act as a key factor driving the growth of the synthetic fabric industry in the upcoming years.

          However, rising environmental effects due to the excessive use of synthetic fabrics such as polyester and polyvinyl chloride can hinder the growth of the synthetic fabric market.

          Relevant Reports

          A. Concrete Fiber Market

          https://www.industryarc.com/Report/15565/concrete-fiber-market.html

          B. Textiles Fiber Market

          https://www.industryarc.com/Report/16289/textiles-fibre-market.html

          For more Chemicals and Materials Market reports, please click here

          About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.



          Source link

          Previous Post

          Low Dosage Hydrate Inhibitors Market Size Forecast to Reach $502.1 Million by 2026

          Next Post

          Insulated Packaging Market worth $15.8 billion by 2025

          Related Posts

          Press Releases

          UHT Processing Market Statistics, Growth, Trends & Forecasts

          February 3, 2023
          Press Releases

          Industrial PC Market Worth $6.6 billion in 2028 at a CAGR of 5.5%

          February 3, 2023
          Automotive Adhesive Tapes Market Size is projected to reach USD 12.1 Billion By 2026
          Press Releases

          Automotive Adhesive Tapes Market Size is projected to reach USD 12.1 Billion By 2026

          February 3, 2023
          Fatty Amines Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2024
          Press Releases

          Fatty Amines Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2024

          February 3, 2023
          Press Releases

          Data Center Power Market Projected to Gain $26.1 billion by 2025

          February 3, 2023
          Low VOC Adhesives Market worth $63.3 billion by 2026
          Press Releases

          Low VOC Adhesives Market worth $63.3 billion by 2026

          February 2, 2023

          Discussion about this post

          LATEST NEWS

          Botswana increases 2022 economic growth forecast to 6.7% – Reuters.com

          February 6, 2023

          Scatec refinances US$100 million facility – PV-Tech

          February 6, 2023

          Wide Support For New WHO ‘Best Buys’ To Address NCDs – Health Policy Watch

          February 6, 2023

          Three Youth-Led African Agritech Businesses Receive Investment To Help Scale Up African Agriculture – Forbes

          February 6, 2023

          About

          South Africana™ reports and aggregates business, socio-economic, Tech and industrial news on Southern African countries.

          We provide press release distribution to media outlets in Africa including Botswana, Eswatini, Lesotho, Namibia and South Africa. To submit a press release today, contact us.

          Categories

          BOTSWANA

          ESWATINI

          LESOTHO

          NAMIBIA

          SOUTH AFRICA

          PRESS RELEASES

          Recent Post

          Recent Posts
          • Botswana increases 2022 economic growth forecast to 6.7% – Reuters.com
          • Scatec refinances US$100 million facility – PV-Tech
          • Wide Support For New WHO ‘Best Buys’ To Address NCDs – Health Policy Watch

          Subscribe to Our Newsletter

            Share Us

            Share on facebook
            Share on twitter
            Share on linkedin
            Share on pinterest
            South Africana™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC
            No Result
            View All Result
            • AFRICA
            • Botswana
            • Eswatini
            • Lesotho
            • Namibia
            • South Africa
            • Press releases

            © 2022 Copyright SOUTH-AFRICANA