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Global Fiber Intermediates Market u2013 Overview<br>Fiber Intermediate Market is flourishing as an industry. According to a Market Research Future report on Global Fiber Intermediates Market Research Report- Forecast to 2022 states that the sector will grow at a remarkable pace in terms of revenue generation with an outstanding CAGR percentage by 2022.Since Fiber Intermediate products are extracted from benzene or xylenes which could be processed further to make polymers for synthetic fibers, they have a vast degree of applications.<br><br>Free Sample Request Report @ https://www.marketresearchfuture.com/sample_request/1942<br>
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Fiber Intermediates Market Research Report- Forecast to 2023
Fiber Intermediates Market Research Report- Forecast to 2023 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2023 REQUEST SAMPLE VIEW REPORTS PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
Fiber Intermediates Market - 2023 Global Fiber Intermediates Market: Information by Type (Paraxylene, Acrylonitrile, Cyclohexanone, Ethylene Glycol, Ethylene Glycol, Polyethylene, and Others), Application (Fabrics, PET Resin, Anti-freeze, and Others), and Region—Forecast till 2023 Fiber Intermediates Market Overview: The demand for fiber intermediates is driven by its increasing use in the manufacturing of synthetic fiber such as polyester and nylon, disinfectants, fabrics, and plastic, among others. Some of the commonly used fiber intermediates include paraxylene, acrylonitrile, ethylene glycol, purified terephthalic acid, and ethylene oxide. Fiber intermediates find application in numerous end-use industries such as textiles, plastics, petrochemicals, and cleaning products (detergents). The global fiber intermediates market is likely to grow on account of the increasing demand for polyester in various applications such as clothing, furniture, and upholstery. The expanding textiles industry, as a result of increased spending on clothing coupled with changing fashion trends, is likely to propel the growth of the fiber intermediates market. Additionally, the growing furnishing industry with the rising demand for multifunctional and luxurious furniture is expected to offer lucrative opportunities to players in the fiber intermediates market. The consumption of fiber intermediates such as ethylene glycol is increasing in the production of polyethylene terephthalate (PET) resin and PET film on account of the increasing demand for PET bottles and beverage containers as they are effective barriers to carbon dioxide and have a high tensile strength. The expanding packaging industry, as a result of increased consumption of packaged food products and beverages owing to convenience and improved product shelf life, is likely to fuel the demand for fiber intermediates. Anti-freeze, detergents, paints, and resins are some of the other applications of fiber intermediates. www.marketresearchfuture.com
Fiber Intermediates Market - 2023 Regional Analysis The market in Asia-Pacific accounted for the largest share of the fiber intermediates market in 2017 and is expected to continue its dominance during the forecast period. This growth can be attributed to the rapidly expanding textiles industry in developing economies such as India and China, which are home to a number of major textiles companies such as Fabindia Overseas Pvt Ltd and Bombay Dyeing, Shangtex Holding Co. Ltd, and Shandong Demian Group. According to the Indian Brand Equity Foundation, the Indian textiles market is expected to reach USD 226 billion by 2023 from USD 137 billion in 2016. North America is another prominent market for fiber intermediates owing to supportive government policies promoting domestic manufacturing in the US. According to the National Council of Textile Organizations, the value of US man-made fiber and filament, textiles, and apparel shipments has increased by 11% from 2009 to 2016 to reach USD 74.4 billion. The market in Europe is expected to grow at a healthy CAGR during the review period on account of the expanding packaging industry with the rising demand for packaged food and beverages. Furthermore, government regulations, such as the ban on landfills to reduce plastic pollution, have stimulated the demand for PET-based packaged products, which is likely to drive the growth of the fiber intermediates market. Segmentation The global fiber intermediates market has been segmented by type, application, and region. Based on type, the market has been segmented into paraxylene, acrylonitrile, cyclohexanone, ethylene glycol, polyethylene, ethylene oxide, and others. Based on application, the market has been divided into fabrics, PET resin, anti-freeze, detergents, upholstery, bactericides, and others. Based on region, the market has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. www.marketresearchfuture.com
Fiber Intermediates Market - 2023 Key Players Some of the key players in the global fiber intermediates market are Reliance Industries Limited (India), Aareydrugs & Pharmaceuticals Ltd (India), Ferromet SA (Argentina), BASF SE (Germany), DowDuPont (US), INVISTA (US), Chevron Phillips Chemical Company (US), Daicel Corporation (Japan), and Fiber Intermediate Products Company (Iran). Intended Audience Fiber intermediates manufacturers Traders and distributors of fiber intermediates Research and development institutes Potential investors Raw material suppliers Nationalized laboratories www.marketresearchfuture.com
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