For synthetic fibers, clothing manufacturing accounts for over 45% of the global revenue share in 2016. The increasing demand is a direct result of the growth in popularity of functional clothing such as easy-to-maintain style, protective clothing and high-performance sportswear. By region, Asia Pacific leads the demand with a value of 34.77 billion USD in 2016 and is estimated to have a fast growth rate of 7% from 2017 to 2025. Demand for synthetic fibers from North America, the Number 2 region in 2016, is predicted to increase continuously, thanks to their rapid growth of industrial textiles1.
Synthetic fibers in the USA are applied mainly in the clothing, automotive, home furnishing and filtration sectors. It is predicted that this trend will be continued with a steady growth in the foreseeing future.