Global Synthetic Fiber Spinning Machinery Supply, Demand and Key Producers, 2023-2029
The global Synthetic Fiber Spinning Machinery market size is expected to reach $ 4278.1 million by 2029, rising at a market growth of 2.4% CAGR during the forecast period (2023-2029).
Spinning industries provide yarn to the weaving industries, which provide fabric to the garment industries. The quality of yarn and fabrics greatly influences the quality of the garments. Quality yarn production greatly depends on machinery. The major players in spinning machinery manufacturing are Switzerland, Germany, Japan, Italy, China and India. However Spain, Belgium, Turkey, and France are growing their market share slowly. Switzerland is a master of finely engineered textile spinning machines.
According to our research, the global spinning machinery market to grow steadily during the forecast period. This industry research report identifies the growth of the technical textile market to be one of the major factors that will have a positive impact on the growth of this market in the spinning machines coming years. Primarily used for technical performances and functional properties, technical textiles have found major significance in several industrial sectors including automotive, construction, healthcare, protective clothing, agriculture, sports equipment, and environmental protection. With the economic growth of several countries across the globe and the growth of the construction sector, the demand for technical textiles will continue to increase in the coming years, consequently propelling the demand for spinning machinery.
According to this market research and analysis, APAC accounted for the major revenue and dominated the spinning machinery market. The presence of a number of manufacturers who offer a wide range of products in China and the availability of cheap labor in India are some of the major reasons fueling the growth of the textile industry in this region, which will consequently aid in the growth of the market. Analysts predict that the region will continue to dominate the market throughout the predicted period as well and China, India, Vietnam, Pakistan, Bangladesh, and Indonesia will be the major revenue generating countries.
Spinning machinery refers to machines which process (or spin) prepared fibers into workable yarn or thread. Spinning is one of the major sections of textile industry.
This report studies the global Synthetic Fiber Spinning Machinery production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Synthetic Fiber Spinning Machinery, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Synthetic Fiber Spinning Machinery that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Synthetic Fiber Spinning Machinery total production and demand, 2018-2029, (Units)
Global Synthetic Fiber Spinning Machinery total production value, 2018-2029, (USD Million)
Global Synthetic Fiber Spinning Machinery production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Units)
Global Synthetic Fiber Spinning Machinery consumption by region & country, CAGR, 2018-2029 & (Units)
U.S. VS China: Synthetic Fiber Spinning Machinery domestic production, consumption, key domestic manufacturers and share
Global Synthetic Fiber Spinning Machinery production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Units)
Global Synthetic Fiber Spinning Machinery production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Units)
Global Synthetic Fiber Spinning Machinery production by Application production, value, CAGR, 2018-2029, (USD Million) & (Units)
This reports profiles key players in the global Synthetic Fiber Spinning Machinery market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Saurer, Rieter, Murata Machinery, Toyota Textile Machinery, Trutzschler, Lakshmi Machine Works, JINGWEI, Savio Macchine Tessili and Zhejiang Taitan, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Synthetic Fiber Spinning Machinery market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (K US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Synthetic Fiber Spinning Machinery Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Synthetic Fiber Spinning Machinery Market, Segmentation by Type
Ring Spinning
Rotor Spinning
Others
Global Synthetic Fiber Spinning Machinery Market, Segmentation by Application
Polyester Fiber
Nylon Fiber
Spandex Fiber
Acrylic Fiber
Polypropylene Fiber
Vinylon Fiber
Other Fibers
Companies Profiled:
Saurer
Rieter
Murata Machinery
Toyota Textile Machinery
Trutzschler
Lakshmi Machine Works
JINGWEI
Savio Macchine Tessili
Zhejiang Taitan
Rifa
ATE
Marzoli Spinning Solutions
Chunrui Machinery
XinErfang
Key Questions Answered
1. How big is the global Synthetic Fiber Spinning Machinery market?
2. What is the demand of the global Synthetic Fiber Spinning Machinery market?
3. What is the year over year growth of the global Synthetic Fiber Spinning Machinery market?
4. What is the production and production value of the global Synthetic Fiber Spinning Machinery market?
5. Who are the key producers in the global Synthetic Fiber Spinning Machinery market?
6. What are the growth factors driving the market demand?