Manmade and Special Fiber Fabrics Market Size, Share, Growth, Forecast 2030

Manmade and Special Fiber Fabrics Market

Manmade and Special Fiber Fabrics Market By Type (Glass Fiber Fabric, Aramid Fiber Fabric, Carbon Fiber Fabric, and Others), By Application (Aerospace, Consumer Goods, Automotive, Medical Products, Electronics Goods, and Others), and By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030

Category: Chemical & Materials Report Format : PDF Pages: 227 Report Code: ZMR-7390 Published Date: Jul-2023 Status : Published
Market Size in 2022 Market Forecast in 2030 CAGR (in %) Base Year
USD 62.15 Billion USD 92.46 Billion 4.97% 2022

Manmade and Special Fiber Fabrics Market

Manmade and Special Fiber Fabrics Industry Perspective:    

The global manmade and special fiber fabrics market size was evaluated at $62.15 billion in 2022 and is slated to hit $92.46 billion by the end of 2030 with a CAGR of nearly 4.97% between 2023 and 2030.

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The market report is an indispensable guide on growth factors, challenges, restraints, and opportunities in the global market space. The manmade and special fiber fabrics industry report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, PESTEL analysis, SWOT analysis, Porter’s five force analysis, and value chain analysis. Additionally, the manmade and special fiber fabrics market report explores the investor and stakeholder space to help companies make data-driven decisions.

Manmade and Special Fiber Fabrics Market: Overview

Manmade and special fiber fabrics are fibers whose chemical structures are made up of monomers that are not found in nature. Manmade fiber provides the best alternative to natural fibers, they have good strength properties when compared with other man-made fibers. Fibers such as polypropylene are used for producing carpets and ropes among others while nylon finds a spectrum of applications that include curtain linings. Precisely, fibers with chemical structures made up of monomers are referred to as manmade and special fiber fabrics. The latter is an apt alternative for natural fibers.

Key Insights

  • As per the analysis shared by our research analyst, the global Manmade and Special Fiber Fabrics market is projected to expand annually at the annual growth rate of around 6.15% over the forecast timespan (2023-2030)
  • In terms of revenue, the global Manmade and Special Fiber Fabrics market size was evaluated at nearly $62.15 billion in 2022 and is expected to reach $92.46 billion by 2030.
  • The global manmade and special fiber fabrics market is anticipated to record massive growth over the forecast period owing to the humungous demand for greater dielectric strength in high-voltage applications.
  • In terms of type, the copper-based segment is slated to register the fastest CAGR over the analysis period.
  • On the basis of application, the LED lighting segment is slated to dominate the segmental surge over the forecast period.
  • Region-wise, the European Manmade and Special Fiber Fabrics market is projected to register the fastest CAGR during the assessment timeline.

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Manmade and Special Fiber Fabrics Market: Growth Factors

Lower flammability and reduced maintenance costs to embellish the global market trends

The thriving fabric sector and surge in per capita income are predicted to steer the growth of the global manmade and special fiber fabrics market. Favorable features such as low flammability and maintenance ease can prop up the demand for manmade & special fiber fabrics across the globe. Additionally, their eco-friendly feature along with its use in the construction sector will embellish the global market trends. Changing fashion trends and shifting lifestyles along with growing urbanization in emerging economies will steer the expansion of the market across the globe. Setting up new manufacturing units by key industry players to increase their production capacities will further augment the growth of the global market in the coming years. For instance, in October 2022, Teijin Frontier Co., Ltd., a key textile manufacturer headquartered in Japan, declared the launching of a cutting-edge automated unit for the proficient manufacture of polyester filaments. For the record, the unit is set up in Thailand and is referred to as Teijin Polyester Limited. It is a key base for producing polyester fibers. The move is likely to boost the global market trends. Furthermore, new product launches are predicted to make major contributions towards an increase in global market revenue. In January 2023, researchers developed coatings that help in preventing synthetic fabrics from shedding hazardous microplastics during the wash. This will scale up the expansion of the market globally.                              

Manmade and Special Fiber Fabrics Market: Restraints

Growing awareness about preserving the green environment can restrict industry growth globally

Escalating environmental concerns can put brakes on the expansion of the manmade and special fiber fabrics industry in the years ahead. Moreover, a non-biodegradable feature of the product can restrict its use in various end-use sectors, thereby posing a threat to the growth of the industry globally. Apart from this, synthetic materials such as polyvinyl chloride and polyester can take a long time to degrade and this can inhibit the product demand in a slew of applications.

Manmade and Special Fiber Fabrics Market: Opportunities

Massive product demand due to its UV-protecting & moist resisting properties will open new growth avenues for the global market

Manmade fibers have low absorbing rates and hence they are preferred over cotton for fabric production and this has provided new growth opportunities for the global manmade and special fiber fabrics market. In addition to this, there is an escalating popularity of polyester-based fabrics owing to their high comfort level during outdoor sports events and workouts. Apart from this, manufacturers are trying to produce fabrics with UV-protecting and moisture-resisting features, thereby opening new facades of growth for the global market.

Manmade and Special Fiber Fabrics Market: Challenges

Oscillating prices of raw materials can prove detrimental to the growth path of the global industry

Fluctuating raw material costs and strict government measures regulating the use of non-degradable substances can pose a big challenge to the growth of the manmade and special fiber fabrics industry across the globe. Moreover, the consumption of fabrics by animals accidentally can cause intestinal damage and suffocate them to death. This is one of the key factors that will create impediments in the path of growth of the global industry.

Manmade and Special Fiber Fabrics Market: Segmentation

The global manmade and special fiber fabrics market is sectored into type, application, and region.

In type terms, the global manmade and special fiber fabrics market is segregated into glass fiber fabric, aramid fiber fabric, carbon fiber fabric, and others segments. In addition to this, the glass fiber fabric segment, which gathered nearly two-fifths of the global market share in 2022, is predicted to record the fastest CAGR in the forecast timeline. The growth of the segment in the ensuing years can be attributed to beneficial features of glass fiber fabric such as high resistance to bending along with resistance to moisture, chemical effects, and extreme temperatures. Apart from this, these products have huge tensile strength and are non-flammable as well as compressive and this will further boost segmental expansion.

On the basis of the application, the manmade and special fiber fabrics industry across the globe is sectored into aerospace, consumer goods, automotive, medical products, electronics goods, and others segments. Furthermore, the aerospace segment, which gained a huge share of the global industry in 2022, is expected to lead the application landscape in the near future. The segmental surge in the forecast timespan can be subject to a rise in the use of manmade and special fiber fabrics in developing technical fabrics for space missions along with huge demand for products in the manufacture of fabrics for space technology. Moreover, escalating demand for aerospace technology will boost the segmental expansion over the forecast period.

Manmade and Special Fiber Fabrics Market: Report Scope

Report Attributes Report Details
Report Name Manmade and Special Fiber Fabrics Market Report
Market Size in 2022 USD 62.15 Billion
Market Forecast in 2030 USD 92.46 Billion
Growth Rate CAGR of 4.97%
Number of Pages 227
Key Companies Covered Jushi, Fulltech Fiber Glass, Hexcel Corporation, CIT Composite Materials (Toray Industries), Dupont, Kolon, Changzhou PGTEX, Johns Manville, TAIWAN GLASS, Teijin, Hyosung, DSM, Ahlstrom-Munksjö, Shandong Glasstex, Owens Corning Corporation, Weihai Guangwei, Mitsubishi Chemical Holdings Corporation, SGL Group, ALLTE CLOTH CORPORATION, Unifrax, and Sinofibers Technology.
Segments Covered By Type, By Application, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2022
Historical Year 2017 to 2021
Forecast Year 2023 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Manmade and Special Fiber Fabrics Market: Regional Insights

North America to establish global market domination over 2023-2030

North America, which accounted for more than 60% of the global manmade and special fiber fabrics market revenue in 2022, is anticipated to record lucrative growth over the assessment timeframe. The market expansion in the region over the analysis timeline can be subject to escalating demand for manmade and special fiber fabrics in the construction sector. Apart from this, the humungous use of these products for insulation will steer the regional market expansion.

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Furthermore, the manmade and special fiber fabrics industry in the Asia-Pacific region is expected to register the fastest CAGR in the assessment timeframe. The key growth driving factors of the industry in the region include low labor costs along with awareness about the numerous benefits provided by the product to the customers. Moreover, the massive durability and comfort provided by the product as well as its inexpensiveness will steer the regional industry growth.   

Manmade and Special Fiber Fabrics Market: Competitive Space

The global manmade and special fiber fabrics market profiles key players such as:

  • Jushi
  • Fulltech Fiber Glass
  • Hexcel Corporation
  • CIT Composite Materials (Toray Industries)
  • Dupont
  • Kolon
  • Changzhou PGTEX
  • Johns Manville
  • TAIWAN GLASS
  • Teijin
  • Hyosung
  • DSM
  • Ahlstrom-Munksjö
  • Shandong Glasstex
  • Owens Corning Corporation
  • Weihai Guangwei
  • Mitsubishi Chemical Holdings Corporation
  • SGL Group
  • ALLTE CLOTH CORPORATION
  • Unifrax
  • Sinofibers Technology

The global manmade and special fiber fabrics market is segmented as follows:

By Type

  • Glass Fiber Fabric
  • Aramid Fiber Fabric
  • Carbon Fiber Fabric
  • Others

By Application

  • Aerospace
  • Consumer Goods
  • Automotive
  • Medical Products
  • Electronics Goods
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Manmade and special fiber fabrics are fibers whose chemical structures are made up of monomers that are not found in nature. Manmade fiber provides the best alternative to natural fibers, they have good strength properties when compared with other man-made fibers. Fibers such as polypropylene are used for producing carpets and ropes among others while nylon finds a spectrum of applications that include curtain linings. Precisely, fibers with chemical structures made up of monomers are referred to as manmade and special fiber fabrics. The latter is an apt alternative for natural fibers.           

The global manmade and special fiber fabrics market growth is owing to favorable features such as low flammability and maintenance ease can prop up the demand for manmade & special fiber fabrics across the globe.

According to a study, the global manmade and special fiber fabrics industry size was $62.15 billion in 2022 and is projected to reach $92.46 billion by the end of 2030.

The global manmade and special fiber fabrics market is anticipated to record a CAGR of nearly 4.97% from 2023 to 2030.

The Asia-Pacific manmade and special fiber fabrics industry is set to register the fastest CAGR over the forecasting timeline owing to low labor costs along with awareness about the numerous benefits provided by the product to the customers. Moreover, the massive durability and comfort provided by the product as well as its inexpensiveness will steer the regional industry growth.       

The global manmade and special fiber fabrics market is led by players such as Jushi, Fulltech Fiber Glass, Hexcel Corporation, CIT Composite Materials (Toray Industries), Dupont, Kolon, Changzhou PGTEX, Johns Manville, TAIWAN GLASS, Teijin, Hyosung, DSM, Ahlstrom-Munksjö, Shandong Glasstex, Owens Corning Corporation, Weihai Guangwei, Mitsubishi Chemical Holdings Corporation, SGL Group, ALLTE CLOTH CORPORATION, Unifrax, and Sinofibers Technology.

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