fiber production

Globally Fiber Production

Global fiber production increased again to 113 million tons in 2021, following a slight decrease due to COVID-19 in 2020. Over the past 20 years, global fiber production has almost doubled from and 58 million tons in 2000 to 113 million in 2021. expected to reach 149 million tons in 2030 if the situation continues.

The share of recycled fiber increased slightly from 8.4% in 2020 to 8.9% in 2021, mainly due to the increase in polyester fiber from bottles, according to the Fiber & Materials Market Report of the non-profit group. But less than 1% of the global fiber market comes from recycled fabrics before and after consumer purchases in 2021. The production of synthetics from fossil has increased from 60 million tons in 2020 to 63 million tons in 2021.

Market Overview

The global fiber market is exhibiting positive factors that are believed to be promoting and promoting the growth of the industry. These are also for the development of new markets. Market drivers play an important role in shaping business strategies to improve revenue and overall growth.

Market barriers are factors that are expected to limit the growth of the company. These factors are shown as obstacles to the growth and development of the company. Market players should focus on opportunities to increase their market share.

Fiber production increases

While there is growing recognition of the need for more efficient use of resources, the latest forecasts show a significant increase in fiber production over the next few years. Global fiber production is expected to reach 156 metric tons by 2030, a 43% increase from 2020. This translates to per capita production reaching about 17 kilograms per capita in 2030, up from 14 kilograms per capita a decade ago.

Synthetic fiber producers in the world 2020

China National Petroleum Corporation – China
China National Petroleum Corporation (CNPC) is one of the world’s top ten producers of synthetic oil. In China, CNPC is one of the leading chemical manufacturers and suppliers in six categories including synthetic resin, synthetic fiber, synthetic rubber, urea, organic / inorganic chemicals and raw materials. The main fibers used include synthetic fiber monomers (PTA, acrylonitrile and glycol), synthetic fiber polymers (polyester) and synthetic fiber products (terylene, acrylon and polypropylene).

DuPont – United States
DuPont, also known as DuPont de Nemours, Inc., is the largest chemical company in the world from the merger of Dow Chemical and E. I. du Pont de Nemours and Co. on 2017. Its business segment, Fibers and Nonwovens is well known for the development and innovation of high-performance fiber materials, including DuPont ™ Kevlar® aramid fiber for ballistic and cutting, DuPont ™ Nomex® flame retardant flame retardant for fire hazards, DuPont Sorona ® eco-fiber for various design freedoms, DuPont ™ Tyvek® for anti-breathing protection and DuPont ™ Tychem® for chemical protection.

Indorama Corporation – Indonesia
Indorama Corporation is a manufacturer in the midstream petrochemical industry and one of the leading manufacturers of Polyethylene, Polypropylene, Polyester Fiber, Spandex Filament, Filament. The company is divided into three areas, including raw materials, PET and fiber. It supplies polyester fibers worldwide, mainly for the automotive, personal care, home appliances, clothing and industrial sectors. In addition to polyester, Indorama also manufactures intermediates such as IPA and synthetic materials from fibers such as polypropylene, nylon, viscose and aramids.

Toray Company – Japan
Toray is a Japanese multinational company engaged in fiber and textile production, performance chemicals, carbon fiber composites, environment and engineering, life sciences, etc. Toray Company exploits and manufactures polyester and other synthetic materials from various well-known brands, including TORAY TETRON, AXTAR, PENTAS, CEOα. The company generates annual sales of more than $20 billion and has more than 45,800 employees worldwide, making it one of the 10 largest synthetic fiber manufacturers in the world. Mitsubishi Chemical Holdings Corporation is based in Japan
Founded in 1997 and based in Tokyo, Japan, Mitsubishi Chemicals is one of the largest producers of acrylics and polyesters in the Asia-Pacific region. The main markets served by the companies are Japan, China, Southeast Asian countries, Western European countries and the United States. It focuses on the development of inorganic products and special additives for various industries such as polyolefins, PVC, paper, electronics and photochemistry.

Reliance Industries Limited – India
Trust Industries is an Indian company involved in energy, petrochemicals, fibers, natural resources, retail and communications. Its activities range from oil and gas exploration and production to the production of petroleum products, polyester products, polyester intermediates, plastics, polymer intermediates, chemicals, textiles and synthetics. Reliance Industries is also one of the largest polyester producers in the world with a capacity of 2.5 million tons per year. The main materials used to make synthetic fibers include polyester staple fiber, polyester filament yarn and others.

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