Global synthetic fibers market value 2022-2030

Published by Statista Research Department, Nov 22, 2023
In 2022, the global market value of synthetic fibers was estimated to be around 63.93 billion U.S. dollars. However, experts predict that this market is expected to witness significant growth and reach approximately 93.03 billion U.S. dollars by 2030.

Market value of synthetic fibers worldwide in 2022, with a forecast to 2030 (in billion U.S. dollars)

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Release date

December 2022

Region

Worldwide

Survey time period

2022

Supplementary notes

* Forecast assuming a compound annual growth rate (CAGR) of 4.8% from 2023 to 2030.

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Statistics on " Chemical fiber industry worldwide "

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Overview

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Trade

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Synthetic fibers

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Man-made cellulosic fibers

3

Outlook

2

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