Why Synthetic Fibers Are Replacing Natural Materials Across Industries

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2026-04-24 12:27:50

The global synthetic fiber market is experiencing steady growth, driven by expanding applications across industries such as automotive, textiles, and cosmetics. Valued at US$ 66.9 Bn in 2023, the market is projected to reach US$ 111.9 Bn by 2034, growing at a CAGR of 4.8% during the forecast period. The increasing need for durable, lightweight, and cost-effective materials is a major factor...

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