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European Synthetic Fibers Market (2020 to 2026) - Featuring Asahi Kasei, BASF and Eastman Chemical Among Others

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Research and Markets: European Synthetic Fibers Market (2020 to 2026) - Featuring Asahi Kasei, BASF and Eastman Chemical Among Others

Research and Markets: European Synthetic Fibers Market (2020 to 2026) - Featuring Asahi Kasei, BASF and Eastman Chemical Among Others - ResearchAndMarkets.com
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The European market for synthetic fibers is projected to grow at a CAGR of 6.7% during the forecast period.
According to the European Commission in 2017, synthetic fibers such as polyester, acrylics, and elastane make up around 75% of the total fiber market in Europe. There are various pivotal factors such as a well-established chemical sector, increased production in textile sector, and considerable growth in eco-friendly building construction industry that are driving the European synthetic fibers market.
The market is classified on the basis of type and application. Based on type, the market is segmented into acrylics, polyolefin, polyester, nylon, and others such as acetate. The polyester segment is projected to have considerable growth during the forecast period. The ....

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