The Synthetic Carpet Fibers Market is forecast to reach USD 29.02 Billion by 2028, according to a new report by Reports and Data. Synthetic Carpet Fiberss are synthetic fiber made of nylon, and the chemical composition, structures, and properties are modified during the manufacturing based on particular end-uses of the carpets. This synthetic polymeric material is made of repeating units which are linked by amide links. About 80% of the total carpet fibers used for household usage globally are made of Synthetic Carpet Fibers. Also, Synthetic Carpet Fibers leads in terms of materials used in the global carpet rugs market. The continuous growth of the carpets rugs for numerous end-use verticals is expected to drive the demand throughout the forecast period primarily. Its application in carpet manufacturing and extensive usage in highly durable, strong, resilient, lightweight, and premium carpet processing are participating in the market growth broadly.

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The Asia Pacific region is expected to retain its dominance in the global market. The market is North America is growing at apace due to the extensive use of Synthetic Carpet Fibers in the manufacture of carpet flooring in various end-use verticals. China and India are some of the fastest-growing markets in the world, and the United States and China hold some of the most prominent players in the market.

Key participants include DuPont de Nemours, Inc., BASF SE, Li Peng Enterprise Co. Ltd., Koninklijke DSM N.V., Nylstar SA, Evonik Industries AG, Ascend Performance Materials, Reliance Industries Limited, Zig Sheng Industrial Co., Ltd., and Universal Fibers, among others.

Market Summary:

The report covers market definitions, classifications, manufacturing and production processes, cost analysis, and government policies and plans. It offers details about the key factors that will positively and negatively impact the market growth over the forecast period. The report also provides pictorial representations of current and emerging trends, business scope, regional bifurcation, and key statistical data. For clear and easy understanding, the statistical data is represented in the form of graphs, charts, diagrams, tables, and figures. The report covers SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis to offer a comprehensive overview of the Synthetic Carpet Fibers market.

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/nylon-carpet-fiber-market

Further key findings from the report suggest

• Nylon 6 or polycaprolactam is a semi-crystalline polyamides and has six backbone carbons in the repeat unit. Nylon 6 is formed by the process called ring-opening polymerization, unlike the other nylons which are manufactured by polymer condensation. Nylon 6 is highly elastic with high tensile strength, resistant to abrasion and chemicals like acids alkalis. Nylon generally comes in the white color formation; however, as per the final product requirement, it can be dyed in any other colors.
• In June 2020, Universal Fibers, Inc., a major player in the Nylon Fibers production, updated the acquisition of twisting and heat-setting assets for its production Europe and Asian production facilities situated in Gorzow, Poland and Taicang, China. Both plants in the two different continents are fully integrated with all the procedures right from extrusion to finished yarns in multiple chemistries, including Nylon 6 and Nylon 6,6, and serve carpet manufactures deal in residential, commercial and automotive end-uses.
• North America is forecasted to witness significant growth in the overall market due to its increasing demand for multifilament nylon fiber, having grown at a CAGR of 4.5% during the forecast period. US possesses the highest market share in this region and some of the vital players of the market.

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For the purpose of this report, Reports and Data have segmented the global Synthetic Carpet Fibers Market on the basis of the type of nylon, type of fiber, form, end-use verticals, and region:

Type of Nylon Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2020-2028)

• Nylon 6
• Nylon 6,6
• Others

Type of Fiber Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2020-2028)

• Staple Fiber
• Bulk Continuous Filament (BCF)

Form Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2020-2028)

• Monofilament
• Multifilament

End-Use Verticals Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2020-2028)

• Household Usage
• Commercial Hospitality
• Automotive Interior
• Hospital Educational
• Others

Regional Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2020-2028)

• North America
• Europe
• Asia Pacific
• MEA
• Latin America

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