Market revenue in 2022 | USD 1,507.8 million |
Market revenue in 2030 | USD 2,425.9 million |
Growth rate | 6.1% (CAGR from 2022 to 2030) |
Largest segment | Polyester |
Fastest growing segment | Nylon |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Polyester, Nylon, Acrylics, Polyolefin |
Key market players worldwide | DuPont de Nemours Inc, Indorama Ventures PCL ADR, Lenzing AG, Mitsubishi Electric Corp, Reliance Inc, Reliance Industries Ltd GDR - 144A, Sinopec Oilfield Service Corp Class H, Teijin Ltd, Toray Industries Inc, Toyobo Co Ltd, Bombay Dyeing |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to synthetic fibers market will help companies and investors design strategic landscapes.
Polyester was the largest segment with a revenue share of 51.47% in 2022. Horizon Databook has segmented the Brazil synthetic fibers market based on polyester, nylon, acrylics, polyolefin covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is one of the largest domestic markets in Central & South America and has been one of the fastest-growing economies. The increasing middle-class population in the country along with rising disposable income is expected to boost the demand for nonwoven fabrics in various application industries.
The synthetic fibers market in Brazil has been witnessing consistent growth owing to the adoption of automatic production facilities with the acquisition of modern equipment in the manufacturing process. The market is expected to grow further due to the increasing penetration of the product in various end use industries including liquid and air filtration, absorbent hygiene, and dry & wet wipes.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil synthetic fibers market , including forecasts for subscribers. This country databook contains high-level insights into Brazil synthetic fibers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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