India Synthetic Fiber Market 2027 - Emerging Opportunities & Growth
India synthetic fiber market was valued at USD12367.35 million in 2022 and is expected to register a CAGR of 6.87% over the forecast period. This can be ascribed to the growing popularity of synthetic textiles around the world, as the textile and clothing industry shifts away from cotton and toward synthetics due to low costs, a demand-supply gap in cotton, and the variety of design penetration. The Important Elements of India Synthetic Fiber Market During the forecast period, the market is expected to grow owing to rising consumer demand for cost-effective, durable, easy-to-wash, and maintain materials, and increasing demand for clothing and apparel due to the changing fashion trends across the country is likely to drive the market growth. Furthermore, product application in a variety of industries, including textiles, home furnishings, automotive, filtration, and others, is likely to drive significant market expansion. The unique properties exhibited by the pr...