Synthetic Filament Tow Market
Synthetic filament tow market: enjoy recently published data enhanced by an Ai-driven business intelligence platform. Info cover market size, consumption, trade, companies, market prices, imports, production, and exports. There is a split by region, including the U.K., the U.S., China, EU, Latin America, the Middle East, Africa, and Russia. Market insights and outlook to 2030 are also provided in the snapshots.
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Synthetic Filament Tow - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | United States |
| 2 | China |
| 3 | Japan |
| 4 | France |
| 5 | Mexico |
In value terms, the United States, China and Japan appeared to be the countries with the highest levels of market value in 2020, together comprising 46% of the global market. These countries were followed by France, Mexico, Indonesia, Germany, Turkey, Spain, Brazil, India, Russia and Pakistan, which together accounted for a further 25%.
France saw the highest growth rate of market size, in terms of the main consuming countries over the period under review, while synthetic filament tow market for the other global leaders experienced more modest paces of growth.
Synthetic Filament Tow Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Vietnam | 1231 | 1136 | 826 | -18.1% |
| India | 1380 | 1176 | 854 | -21.3% |
| Indonesia | 1270 | 1077 | 863 | -17.6% |
| Turkey | 1427 | 1392 | 935 | -19.1% |
| Belarus | 1584 | 1279 | 952 | -22.5% |
| China | 1580 | 1211 | 1044 | -18.7% |
| Thailand | 1657 | 1534 | 1084 | -19.1% |
| South Korea | 1586 | 1397 | 1233 | -11.8% |
| Taiwan (Chinese) | 1506 | 1316 | 1349 | -5.4% |
| Malaysia | 1573 | 1378 | 1377 | -6.4% |
| Belgium | 1849 | 1875 | 1953 | 2.8% |
| Germany | 3296 | 3061 | 2514 | -12.7% |
| Japan | 4156 | 4198 | 4072 | -1.0% |
| Average | 1827 | 1600 | 1395 | -12.6% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Japan ($4,072 per ton), while Vietnam ($826 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced a decline in the export price figures.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| China | 2398 | 2054 | 1892 | -11.2% |
| Germany | 1930 | 1840 | 1723 | -5.5% |
| Italy | 1756 | 1828 | 1691 | -1.9% |
| United States | 1857 | 1826 | 1560 | -8.3% |
| United Kingdom | 1766 | 1699 | 1539 | -6.6% |
| Turkey | 1798 | 1583 | 1331 | -14.0% |
| Indonesia | 1728 | 1503 | 1310 | -12.9% |
| Brazil | 1512 | 1362 | 1276 | -8.1% |
| Poland | 1470 | 1339 | 1105 | -13.3% |
| Russia | 1410 | 1248 | 1069 | -12.9% |
| Bangladesh | 1428 | 1304 | 1034 | -14.9% |
| Pakistan | 1459 | 1425 | 1030 | -16.0% |
| Vietnam | 1455 | 1210 | 977 | -18.1% |
| Average | 1832 | 1698 | 1498 | -9.6% |
Prices varied noticeably by the country of destination; the country with the highest price was China ($1,892 per ton), while Vietnam ($977 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the other global leaders experienced a decline in the import price figures.
Synthetic Filament Tow - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 1 | 1 | 0.8 | -14.1% |
| China | 1.1 | 0.9 | 0.7 | -17.2% |
| Germany | 0.6 | 0.6 | 0.5 | -11.9% |
| Turkey | 0.5 | 0.5 | 0.4 | -19.0% |
| Italy | 0.3 | 0.4 | 0.3 | 0.3% |
In value terms, the largest synthetic filament tow importing markets worldwide were the United States ($764M), China ($730M) and Germany ($492M), with a combined 28% share of global imports. These countries were followed by Turkey, Italy, Vietnam, Indonesia, the UK, Pakistan, Brazil, Russia, Bangladesh and Poland, which together accounted for a further 32%.
Pakistan saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.
Synthetic Filament Tow - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| South Korea | 1.5 | 1.2 | 1 | -16.6% |
| China | 1.4 | 1.3 | 0.9 | -18.6% |
| Japan | 0.7 | 0.7 | 0.6 | -11.0% |
| Germany | 0.5 | 0.5 | 0.6 | 7.5% |
| Thailand | 0.7 | 0.6 | 0.5 | -13.8% |
In value terms, the largest synthetic filament tow supplying countries worldwide were South Korea ($1B), China ($948M) and Japan ($591M), together accounting for 38% of global exports. Germany, Thailand, Taiwan (Chinese), Belgium, India, Indonesia, Malaysia, Vietnam, Belarus and Turkey lagged somewhat behind, together accounting for a further 43%.
Turkey recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Synthetic Filament Tow - Market Forecast
Driven by rising demand for synthetic filament tow worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Synthetic Filament Tow - Top Companies
INDORAMA PETROCHEMICALS, PT, CNA Holdings LLC, TONGKUN GROUP CO., LTD., Xin Feng Ming Group Co., Ltd., Wenxian Mingda Adhesive Co., Ltd., Lenzing Aktiengesellschaft, GRASIM INDUSTRIES LIMITED, EMS-CHEMIE AG, SHENMA INDUSTRIAL CO., LTD., Du Pont do Brasil S/A, Airex AG, Rhodia Poliamida e Especialidades S/A, Nan Ya Plastics Corporation, America, ZHEJIANG GUXIANDAO POLYESTER DOPE DYED YARN CO LTD, FORMOSA INDUSTRIES CORPORATION, ZHEJIANG HUAFON SPANDEX CO., LTD, Xinxiang Chemical Fibre Co., Ltd., Toray Chemical Korea Inc., SRI LIMITED, CONTEC FIBER AG
Synthetic Filament Tow - Product Coverage
- HS 5501 - Synthetic filament tow
- HS 5503 - Synthetic staple fibres, not carded, combed or otherwise processed for spinning
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World - Synthetic Filament Tow and Staple Fibers, not Carded or Combed - Market Analysis, Forecast, Size, Trends and Insights
$499
Dec 11, 2022
621
This report provides an in-depth analysis of the global synthetic filament tow market.
Northern America - Synthetic Filament Tow and Staple Fibers, not Carded or Combed - Market Analysis, Forecast, Size, Trends and Insights
$499
Dec 11, 2022
279
This report provides an in-depth analysis of the synthetic filament tow market in Northern America.
Latin America and the Caribbean - Synthetic Filament Tow and Staple Fibers, not Carded or Combed - Market Analysis, Forecast, Size, Trends and Insights
$499
Dec 11, 2022
272
This report provides an in-depth analysis of the synthetic filament tow market in Latin America and the Caribbean.
South-Eastern Asia - Synthetic Filament Tow and Staple Fibers, not Carded or Combed - Market Analysis, Forecast, Size, Trends and Insights
$499
Dec 11, 2022
255
This report provides an in-depth analysis of the synthetic filament tow market in South-Eastern Asia.
Eastern Asia - Synthetic Filament Tow and Staple Fibers, not Carded or Combed - Market Analysis, Forecast, Size, Trends and Insights
$499
Dec 11, 2022
238
This report provides an in-depth analysis of the synthetic filament tow market in Eastern Asia.
Southern Asia - Synthetic Filament Tow and Staple Fibers, not Carded or Combed - Market Analysis, Forecast, Size, Trends and Insights
$499
Dec 11, 2022
225
This report provides an in-depth analysis of the synthetic filament tow market in Southern Asia.
Middle East - Synthetic Filament Tow and Staple Fibers, not Carded or Combed - Market Analysis, Forecast, Size, Trends and Insights
$499
Dec 11, 2022
220
This report provides an in-depth analysis of the synthetic filament tow market in the Middle East.
Africa - Synthetic Filament Tow and Staple Fibers, not Carded or Combed - Market Analysis, Forecast, Size, Trends and Insights
$499
Dec 11, 2022
218
This report provides an in-depth analysis of the synthetic filament tow market in Africa.
Australia and Oceania - Synthetic Filament Tow and Staple Fibers, not Carded or Combed - Market Analysis, Forecast, Size, Trends and Insights
$499
Dec 11, 2022
214
This report provides an in-depth analysis of the synthetic filament tow market in Australia and Oceania.
Central Asia - Synthetic Filament Tow and Staple Fibers, not Carded or Combed - Market Analysis, Forecast, Size, Trends and Insights
$499
Dec 11, 2022
195
This report provides an in-depth analysis of the synthetic filament tow market in Central Asia.
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