Synthetic Fiber Manufacturing in the US - Industry Market Research Report

IBISWorld
September 29, 2014
37 Pages - SKU: IBSS5411018
Countries covered: United States

Synthetic Fiber Manufacturing in the US

In the five years to 2014, downstream markets' fluctuating production levels induced volatility in the Synthetic Fiber Manufacturing industry. At the start of the period, the housing market collapse dried up demand for home furnishings, such as carpets and appliances. However, industry revenue rebounded in 2010 and 2011, as downstream industries started to ramp up production in response to pent-up consumer demand for these goods. The industry will remain fairly stable in the five years to 2019. Over the period, revenue is expected to rise as textile and carpet mills and manufacturers of industrial products and consumer goods recover from their depressed levels of production during the recession. Additionally, industry revenue will benefit from a healthier housing market and improving disposable incomes boosting demand for downstream industries' products, such as curtains and drapes, carpets and rugs, and automobile upholstery and tires.

This industry produces cellulosic and noncellulosic fibers and filaments in the form of monofilament, filament yarn, staple or tow. Key cellulosic organic fibers and filaments include rayon and acetate. Noncellulosic fibers and filaments include acrylic, nylon, polyester and spandex. This industry does not include fiber, yarn or thread mills, thread manufacturers of any other fibers, or manufacturers of hemp yarn.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.




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