Synthetic Yarn Market Overview
Synthetic Yarn Market Size was valued at USD 221.9 Billion in 2024 and is expected to reach USD 361.5 Billion by 2034 growing at a CAGR of 5.5%.
Synthetic yarn is an artificial fiber spun into threads for usage in clothing, home furnishings, and even industrial applications. Natural fibers, like cotton or wool, are derived from plants or animals; synthetic yarns, conversely, are formed from chemicals derived from petroleum or cellulose that have undergone complex transformations. This enables the production of yarns with specific properties, such as polyester's resistance to wrinkles and simplicity of maintenance or nylon's capacity to remove moisture from sportswear. Synthetic yarns dominate the textile industry due to their cost-effectiveness and extensive variety of functions. The soft and cozy acrylic fibers in knitwear and the durable polypropylene in carpets are two examples of these.
Many reasons drive the synthetic yarn industry. First, the growing need for warm, functional, and stylish clothing across all demographic categories propels market progress. Consumers desire apparel that is easy to care for, looks good all day, and performs well during workouts—features that synthetic yarns typically offer. Furthermore, technical advancements are giving synthetic yarns new applications in the automotive and aerospace industries because of their lightweight nature and capacity to consume less fuel. However, there are challenges facing the synthetic yarn business as well. Concerns over the consequences of synthetic yarn manufacture on the environment, particularly the reliance on fossil fuels and the potential for microplastics to be released during laundry, are driving a shift toward more ecologically friendly techniques. It will be crucial to address these challenges by implementing sustainable manufacturing practices and expanding the sources of raw materials if the synthetic yarn business is to flourish in the future.
Synthetic Yarn Market Dynamics
Key Drivers of Target Market:
Continuously evolving demands for Apparels:
- In the apparel industry, consumer trends and tastes are always shifting. Synthetic yarn placement is perfect for this fast-paced setting. Unlike natural fibers with limited features, synthetic yarns are produced to demonstrate specific capabilities that are highly sought after in modern clothing.
- Synthetic materials, such as polyester and nylon, drain sweat away from the body, dry fast, and improve ventilation during exercise, providing better comfort and performance for sportswear fans. Synthetic mixes, for example, provide excellent form retention, wrinkle resistance, and a wide range of colors and textures, making them perfect for daily use. Synthetic yarns are a vital factor in the quickly evolving apparel business, constantly altering to fulfill the demands of consumers driven by fashion and performance. This is because they may be tailored to fit specific specifications.
Affordable and durable textiles:
- Synthetic yarns top the home textile market due to their unparalleled affordability, resilience, and versatility. Because synthetic yarns are frequently less expensive than natural fibers, they are a cost-effective choice for household textile products like carpets and upholstery fabrics. Their inherent durability is another significant advantage. Synthetic carpets are ideal for high-traffic areas since they are more stain-resistant and need less maintenance than their natural fiber equivalents.
- Additionally, synthetic upholstery fabrics, including those made from polyester blends, are durable and can tolerate wear while maintaining their shape and color. Synthetic yarns dominate the quickly growing home textile market, meeting customer desire for stylish yet functional living spaces, thanks to their affordability, practicality, and the large variety of textures and colors that are now easily accessible.
Restrains:
Environmental concerns:
- The production of synthetic yarn mostly relies on fossil fuels, and the growing awareness of microplastic pollution poses significant problems to the synthetic yarn sector. Due to environmental concerns, particularly those about the use of chemicals produced from petroleum and the potential for microplastics released during washing cycles to threaten ecosystems by making their way into rivers, consumers are starting to question the sustainability of synthetic fibers.
- These concerns are driving the business toward more ecologically friendly practices. Environmentally friendly substitutes are gaining popularity, including recycled polyester yarns derived from plastic bottles or bio-based yarns generated from renewable resources. To mitigate the environmental issues threatening its expansion, the market must adapt to these changing consumer wants and embrace sustainable production methods.
Opportunities:
Innovations in yarn quality:
- Due to developments in yarn manufacturing and the variety of raw materials available, the synthetic yarn market has great promise. Advances in material science are leading to the production of novel synthetic fibers with improved properties and uses. For example, flame-retardant synthetic fibers are used in construction materials and fire safety equipment.
- In addition, yarns with improved self-cleaning or biodegradability can be developed to meet consumer demand for environmentally friendly products while addressing environmental issues. The synthetic yarn industry may overcome ecological challenges through innovation and raw material diversification and open up new markets and applications. This will drive the market's expansion in the upcoming years
Synthetic Yarn Market Segmentation
The market is segmented based on Fiber Type, Process, Application, and Region.
Fiber Type Insights:
- Polyester: Predominant due to its affordable pricing, versatility, and desirable attributes, including resilience to wrinkling and durability. Because polyester fibers may be treated to create a variety of yarns, they are suitable for use in clothing, home textiles, and even industrial applications.
- Nylon: Due to its high strength, flexibility, and abrasion resistance, nylon is a robust and adaptable material ideal for applications like sportswear, carpets, and activewear that need durability and performance. It comes in a number of subtypes, including Nylon 66 (used in carpets and industrial applications), Spun Nylon (used for knitted goods), Air-Textured Yarn (which has a softer and thicker texture), and Nylon 6.
- Acrylic: This warm, fuzzy ruler is well-recognized for draping nicely over knits, sweaters, and other winter clothing. It also does a great job of holding color, so your favorite sweaters will appear vibrant for a long time.
- Polypropylene: An affordable workhorse that balances affordability and utility. Polypropylene is an affordable material that may be used for industrial carpets and textiles where chemical resistance and longevity are crucial characteristics. It is, therefore, an excellent choice in harsh environments where other fibers might degrade.
- Others: To round out the market, specialty fibers like Aramid, known for its high heat resistance in industrial applications, Rayon, a cellulose-derived fiber with a natural-like feel for garment applications, and Spandex, which lends elasticity to swimming and sportswear, are available.
Process Insights:
- Meltdown Spun Yarn: Plastic pellets are melted, extruded while molten, and then hardened into tiny threads to produce meltdown spun yarn, the basis of synthetic yarn production. This flexible technique creates a wide range of yarn types used in clothing, carpets, and commercial environments.
- Solution-spun Yarn is ideal for high-performance applications that require higher characteristics than melt-down spinning can offer. In this procedure, the polymer is dissolved using solvents before being spun into fibers.
- Bicomponent Yarn: By carefully stacking different polymers onto one thread, bicomponent yarn combines two separate yarns into one. This allows for the production of yarns with unique properties that would be impossible to achieve with a single polymer.
- Other Processes: Besides the core melt-down spinning technique, specialized procedures are used to suit specific demands—textile insulation benefits greatly from using air-jet spun yarns, which are lightweight and voluminous. A unique combination of properties is produced by core spinning, which blends many fibers into a single yarn. For instance, comfort and durability can be obtained with a cotton core enclosed in a polyester shell.
Application Insights:
- Apparels: The largest and most diverse category, comprising sports (tracksuits, activewear), knitwear (sweaters, t-shirts), and woven clothing (shirts, slacks). The garment business is always coming up with new yarn types and mixes to make clothes that are fashionable and pleasant to wear, function well when engaging in physical activity, and are made using environmentally acceptable methods. The emphasis on sustainability, use, and comfort motivates this invention.
- Home Textiles: These comprise carpets, curtains, upholstery fabrics, and other ornamental items that make your living space a cozy and distinctive haven. Customers are searching for fabrics that are simple to care for and resistant to stains and wrinkles, in addition to sustainable materials and patterns that reflect their particular tastes.
- Aerospace: As manufacturers strive to make airplanes lighter and more fuel-efficient, synthetic yarns are finding new applications in composite materials for seat belts, cargo straps, and airplane interiors. These yarns aid in weight loss without compromising the strength needed for practicality and security.
- Automotive: Synthetic yarns are indispensable in the automotive industry, where passenger comfort and fuel efficiency are key considerations. They are used in interior trim elements, seat covers, and airbags. By replacing heavy materials with synthetic fibers, weight may be reduced, and fuel economy improved.
- Industrial: Synthetic yarns are gaining traction in various industrial applications beyond apparel and home textiles. Synthetic yarns are revolutionizing industrial processes with their unique strength, endurance, and flexibility blend. They are used for everything from strengthening conveyor belts and car tires to stabilizing soil in construction projects and purifying air and water.
Regional Insights
- North America: This region's apparel and industrial sectors have a well-established synthetic yarn market. People's busy lives and growing desire for sportswear and other practical clothing are expanding the market.
- Asia Pacific: With a booming textile industry, a sizable and growing local population, and rising disposable incomes, Asia Pacific is now the world's largest consumer of synthetic yarns, and this dominance is expected to continue.
- Europe: In the European synthetic yarn market, innovation and superior quality are highly valued. They focus on producing yarns of better quality and more excellent usability while adhering to stricter environmental regulations and sustainable production practices.
- Latin America: As disposable incomes rise, consumers spend more on clothing and household textiles, increasing demand for synthetic yarns. Furthermore, as the textile industry in the region grows, producers of synthetic yarn are witnessing a rise in market share.
- Middle East and Africa: Due to various factors, the Middle East and Africa region presents a potential market for synthetic yarns. First, the expansion of the local economy generates more disposable income that may be utilized to purchase clothing and furnishings made of synthetic yarn. Second, because the textile industries in these countries are growing so rapidly, there is a market for high-end synthetic yarns
Synthetic Yarn Market Report Scope:
|
Attribute |
Details |
|
Market Size 2024 |
USD 221.9 Billion |
|
Projected Market Size 2034 |
USD 361.5 Billion |
|
CAGR Growth Rate |
5.5% |
|
Base year for estimation |
2023 |
|
Forecast period |
2024 – 2034 |
|
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
|
Market Segmentation |
By Fiber Type - Polyester, Nylon, Acrylic, Polypropylene, and Others. By Process - Meltdown Spun Yarn, Solution Spun Yarn, Bicomponent Yarn, and Other Processes. By Application - Apparels, Home Textiles, Aerospace, Automotive, and Industrial. |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on Fiber Type, Process, Application and Region.
By Fiber Type:
- Polyester
- Nylon
- Acrylic
- Polypropylene
- Others
By Process:
- Meltdown Spun Yarn
- Solution Spun Yarn
- Bicomponent Yarn
- Other Processes
By Application:
- Apparels
- Home Textiles
- Aerospace
- Automotive
- Industrial
By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Synthetic Yarn Market Key Players
The key players operating the Synthetic Yarn Market include Mitsubishi Rayon, Grasim Industries Limited, Daicel Chemical Industries, Kuraray, DuPont, Barnhardt Manufacturing Company, DAK Americas, Aditya Birla Group, Crescent Textile Mills Ltd, Celanese Corporation, Asahi Kasei Fibers Corporation, Jaya Shree Textiles, and INVISTA.
Synthetic Yarn Market Key Issues Addressed
- In April 2022, DuPont Biomaterials and JP Modatex India unveiled a new range of spun yarn made from a blend of natural and DuPont Sorona staple fibers. The series mixes linen with partially plant-based Sorona fibers to create spun yarns for various purposes, such as dresses, shirting, pants and skirts, denim, and jackets. The resulting fabric has moisture management, comfort stretch, and a luxurious drape and hand feel. Since spandex and linen do not mix well, it has been challenging to find high-quality stretch linen until recently. This creative invention fulfills the desire for stretch linen without spandex, making it an excellent option for designers searching for a sustainable answer.
Synthetic Yarn Market Company Profile
- Mitsubishi Rayon*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Grasim Industries Limited
- Daicel Chemical Industries
- Kuraray
- DuPont
- Barnhardt Manufacturing Company
- DAK Americas
- Aditya Birla Group
- Crescent Textile Mills Ltd
- Celanese Corporation
- Asahi Kasei Fibers Corporation
- Jaya Shree Textiles
- INVISTA
“*” marked represents similar segmentation in other categories in the respective section
Synthetic Yarn Market Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Preview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Fiber Type
- Market Snippet, By Process
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Product Launch
- Merger and Acquisitions
- Impact Analysis
- PEST Analysis
- Porter’s Analysis
- Market Dynamics
- Market Segmentation, Fiber Type, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Polyester
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Nylon
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Segment Trends
- Acrylic
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Segment Trends
- Polypropylene
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Segment Trends
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Segment Trends
- Overview
- Market Segmentation, Process, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Meltdown Spun Yarn
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Solution Spun Yarn
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Bicomponent Yarn
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Other Processes
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Overview
- Market Segmentation, Application, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Apparels
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Home Textiles
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Aerospace
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Automotive
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Industrial
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Overview
- Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Fiber Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Process, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S
- Canada
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Fiber Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Process, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Europe
- Market Size and Forecast (US$ Bn), By Fiber Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Process, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
- Latin America
- Market Size and Forecast (US$ Bn), By Fiber Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Process, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- Market Size and Forecast (US$ Bn), By Fiber Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Process, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East and Africa
- Overview
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- Mitsubishi Rayon
- Grasim Industries Limited
- Daicel Chemical Industries
- Kuraray
- DuPont
- Barnhardt Manufacturing Company
- DAK Americas
- Aditya Birla Group
- Crescent Textile Mills Ltd
- Celanese Corporation
- Asahi Kasei Fibers Corporation
- Jaya Shree Textiles
- INVISTA
The Last Word
- Future Impact
- About Us
- Contact
Synthetic Yarn Market Highlights
FAQs
Synthetic Yarn Market Size was valued at US$ 221.9 billion in 2024 and is expected to grow at a CAGR of 5.5% to reach US$ 361.5 billion by 2034
The Synthetic Yarn Market is segmented into Fiber Type, Process, Application, and Region.
Factors driving the market include the growing need for warm, functional, and stylish clothing across all demographic categories, propelling market progress. Consumers desire apparel that is easy to care for, looks good all day, and performs well during workouts—features that synthetic yarns typically offer.
Restraints on the Synthetic Yarn Market include the negative environmental implications of synthetic yarn manufacture, including its reliance on fossil fuels and the potential for microplastics to leak out during laundry, which are driving a shift toward more ecologically friendly techniques.
The Synthetic Yarn Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Asia Pacific is expected to dominate the Market.
The key players operating the Synthetic Yarn Market include Mitsubishi Rayon, Grasim Industries Limited, Daicel Chemical Industries, Kuraray, DuPont, Barnhardt Manufacturing Company, DAK Americas, Aditya Birla Group, Crescent Textile Mills Ltd, Celanese Corporation, Asahi Kasei Fibers Corporation, Jaya Shree Textiles, and INVISTA.