#Market Analysis & Forecasts

2021-08-12

Global Textile Fibers Market Analysis & Forecast Report 2021-2027

The "Textile Fibers - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Textile Fibers Market to Reach 127.3 Million Tons by 2027

Amid the COVID-19 crisis, the global market for Textile Fibers estimated at 109.5 Million Tons in the year 2020, is projected to reach a revised size of 127.3 Million Tons by 2027, growing at a CAGR of 2.2% over the analysis period 2020-2027.

Synthetic Fibers, one of the segments analyzed in the report, is projected to record a 2.5% CAGR and reach 82.3 Million Tons by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cotton segment is readjusted to a revised 0.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at 29.6 Million Tons, While China is Forecast to Grow at 4.2% CAGR

The Textile Fibers market in the U.S. is estimated at 29.6 Million Tons in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of 25.1 Million Tons by the year 2027 trailing a CAGR of 4.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.4% and 1.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.9% CAGR.

Wood-based Fibers Segment to Record 4.4% CAGR

In the global Wood-based Fibers segment, USA, Canada, Japan, China and Europe will drive the 3.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of 5 Million Tons in the year 2020 will reach a projected size of 6.5 Million Tons by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 17.2 Million Tons by the year 2027, while Latin America will expand at a 5.4% CAGR through the analysis period.

Market Overview

• Influencer Market Insights

• World Market Trajectories

• Impact of Covid-19 and a Looming Global Recession

• Textile Fibers and Yarns - Basic Unit in Textile Manufacture

• Recent Market Activity

• Textile Fibers and Textiles Industry

• Future Prospects Remain Optimistic

• Asia-Pacific: The Dominant Consumer

• Synthetic Fibers Market to Post Healthy Expansion

• Scarcity and Volatility of Natural Fibers Production Drive Demand for Synthetic Fibers

• Cotton Fibers Market - An Overview

• Cellulosic Fibers (Plant-Based Fibers) and Their Sources

Trends & Drivers

• Growing Demand for Synthetic Fibers Challenges Widespread Adoption of Cellulosic Man-Made Fibers

• Rising Preference for Polyester Drives Down Interest in Man-Made Cellulosic Fibers

• Polyester Fibers Find Improved Demand in Carpet industry

• Cellulose Fibers Market Poised to Exhibit Healthy Growth

• Specialty Fibers Market to Experience Impressive Growth

• Aramid Fibers to Witness Unwavering Demand in End-Use Industries

• Para-Aramid Fibers - The Leading Aramid Fiber Category

• Meta-Aramid Fibers

• High Temperature Fibers

• Technical Fibers

• Electrospun Cellulose Acetate Fibers with Fluorescent Nanoparticles Developed for Anti-Counterfeiting Applications

• Demand for Fibers Mirrors GDP Growth

Select Competitors (Total 211 Featured):

• Aditya Birla Group

• Aksa Akrilik Kimya Sanayii A.S.

• Asahi Kasei Corporation

• Barnhardt Manufacturing Company

• Celanese Corporation

• Crescent Textile Mills Ltd.

• Daicel Corporation

• DAK Americas LLC

• Dow Inc.

• Eastman Chemical Company

• ES FiberVisions Inc.

• Far Eastern New Century Corporation

• Formosa Plastics Group

• Freudenberg Performance Materials

• Grasim Industries Limited

• Honeywell International, Inc.

• Hyosung Corp.

• Indorama Ventures Public Company Limited

• INVISTA

• Jaya Shree Textiles

• Kuraray Co. Ltd.

• Marzotto SpA

• Mitsubishi Chemical Corporation

• Montefibre SpA

• Nan Ya Plastics Corporation

• NatureWorks LLC

• Recron Malaysia Sdn Bhd

• Reliance Industries Ltd.

• SASA Polyester Sanayi A.S.

• Sinopec Yizheng Chemical Fiber Co. Ltd.

• Sinterama SpA

• Solvay S.A.

• Tangshan Sanyou Xingda Chemical Fiber Co. Ltd.

• Thai Polyester Company Limited

• Thai Rayon Public Co. Ltd.

• The Lenzing Group

• Toray Industries Inc.

• Unifi Inc.

• Weiqiao Textile Co. Ltd.

For more information about this report visit:

https://www.researchandmarkets.com/r/27rvmw

“Production is a product”

From technical textiles and AI-driven robotics to the limitations of textile circularity: Professor Dr Thomas Gries looks back on more than two decades of development at ITA Aachen. In the interview, he explains why production technology remains a decisive success factor, discusses international collaborations and innovation ecosystems, and shares his views on the transformation of production landscapes and the challenges facing an increasingly regulated industry.

“We need to move away from the price trap and return to a value-driven mindset.”

With its new Textile Innovation Center, KARL MAYER is sending a strong signal for innovation, collaboration, and the future of textile applications. In this interview, Karl Josef Mayer discusses new opportunities in warp knitting, the processing of staple fibres, recycling, the changing role of machinery manufacturers, and why the textile industry must once again focus more strongly on the value of textiles. by Oliver Schmidt

“Innovation, resilience and international experience remain the great strengths of the Swiss textile machinery industry”

Geopolitical uncertainty, growing competitive pressure from China, new free trade agreements and the shift towards a circular economy are currently reshaping the global textile industry. In this interview, Cornelia Buchwalder discusses the current mood within the Swiss textile machinery sector, the industry’s distinctive innovative strength, new market opportunities in India and Asia, and the technological trends that could shape the upcoming trade fair cycle leading up to ITMA 2027.

Fluff pulp market maintains steady growth

Despite being impacted by political and economic woes, the global fluff pulp market in 2024 will reach 7.3 million air dried tonnes with a value of $9.7 billion, according to a new Smithers produced study, The Future of Fluff Pulp to 2029. This is up from 6.2 million air dried tonnes valued at $5.5 billion in 2019.

Economic and geopolitical headwinds influence industrial nonwovens growth to 2029

The global consumption of industrial nonwovens in 2024 is 5.3 million tonnes or 83.4 billion square metres (m2), valued at $21.2 billion, according to The Future of Industrial Nonwovens to 2029 from Smithers. Growth rates for 2019-24 were 6.9% (tonnes), 6.9% (m2) and 6.7% ($). This reflects a recovery in some markets from Covid-19 as well as an adjustment to the Russian invasion of Ukraine in 2022 and its repercussions (inflation, energy supply/price, global economic growth reductions).

Barmag and Hitech Automation enter into partnership for an auto-doff system for texturing machines

Barmag (Suzhou) Technology Co., Ltd. and Hitech Automation Solutions PVT LTD. of Surat, India, have agreed to an exclusive partnership to jointly market Hitech’s Doffmatic automation solution for Barmag’s proven manual eFK texturing machines. In many texturing facilities, manual doffing processes remain heavily operator-dependent – resulting in issues such as increased scrap, inconsistent quality, and limited productivity.

Uster’s new Recycling Opening Index guides spinners to the perfect blend

Uster AFIS 6 now offers the key data for better decisions when blending recycled fibers. Process control is decisive in determining the quality and economic outcome. The new R Recycling Module of AFIS 6 introduces the Recycling Opening Index (ROI), so spinners can optimize their circularity credentials. It was officially launched at ITM 2026 in Istanbul, Türkiye.

The heart of the technical textiles and nonwovens world will beat in Istanbul

Only 1 day remains until HIGHTEX 2026 International Technical Textiles and Nonwovens Exhibition opens its doors. Bringing together manufacturers, technology developers, investors, and industry professionals from around the world, HIGHTEX 2026 is preparing to showcase the innovations shaping the future of the industry. As the countdown to this major event continues, Istanbul is once again getting ready to become the meeting point of the global technical textiles industry.

Grasim Industries announces fresh investment of ₹3094 Crore to expand Lyocell capacity

Grasim Industries Limited, the flagship company of the Aditya Birla Group and a global leader in cellulosic fibres, today announced an investment of ₹3,094 crore, for Phase II Lyocell capacity of 110K TPA at Harihar, Karnataka. This expansion will consist of 2 lines of 55K TPA (150 Tons per day) each. The first line is expected to be commissioned by 2028, and the second line is expected to be commissioned by 2030.