Global Bio-based Synthetic Fibers Market Growth 2024-2030

Global Bio-based Synthetic Fibers Market Growth 2024-2030

Bio-based synthetic fibers are fibers made from renewable and sustainable sources, such as plant-based polymers. These fibers aim to reduce the environmental impact of traditional synthetic fibers.

The global Bio-based Synthetic Fibers market size is projected to grow from US$ 850 million in 2024 to US$ 1657 million in 2030; it is expected to grow at a CAGR of 11.8% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Bio-based Synthetic Fibers Industry Forecast” looks at past sales and reviews total world Bio-based Synthetic Fibers sales in 2023, providing a comprehensive analysis by region and market sector of projected Bio-based Synthetic Fibers sales for 2024 through 2030. With Bio-based Synthetic Fibers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bio-based Synthetic Fibers industry.

This Insight Report provides a comprehensive analysis of the global Bio-based Synthetic Fibers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bio-based Synthetic Fibers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Bio-based Synthetic Fibers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio-based Synthetic Fibers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bio-based Synthetic Fibers.

Global key players of Bio-based Synthetic Fibers include Covation (Huafeng), Shenghong Group, Glory Biomaterial, Toray, Indorama Ventures, etc. The top five players hold a share about 57%. Asia is the largest market, and has a share about 69%, followed by Europe and North America with share 17% and 13%, separately. In terms of product type, PTT is the largest segment, occupied for a share of 61%. In terms of application, Apparel has a share about 67 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Bio-based Synthetic Fibers market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
PLA
PTT
PET
PA
Others

Segmentation by Application:
Apparel
Home Textiles
Industrial
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Covation (Huafeng)
Shenghong Group
Glory Biomaterial
Toray
Shanghai Tongjieliang Biomaterials
CHTC
Far Eastern New Century
Indorama Ventures
Cathay Industrial Biotech
Ningxia EPPEN Biotech
Huafeng Group (Zhejiang plant)
Jiutai Energy

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bio-based Synthetic Fibers market?

What factors are driving Bio-based Synthetic Fibers market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bio-based Synthetic Fibers market opportunities vary by end market size?

How does Bio-based Synthetic Fibers break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.