International Textile

World production of manufactured textile fiber

World manufactured fiber production to rise 5.7% annually through 2012 World production of manufactured textile fiber (both synthetic and cellulosic) is projected to rise 5.7 percent per annum through 2012 to over 62 million metric tons. Overall growth will be supported by the continued replacement of natural fibers by cheaper, better performing man-made alternatives in many market applications. Also boosting growth will be the rising level of personal income in both developed and developing countries, which will promote demand for textile fibers used in upholstery, household furnishings, apparel and floor coverings. Polyester will continue to dominate manufactured fiber output.However, the fastest gains will be in specialty synthetic fiber production, such as spandex, aramid and carbon fibers. The Asia/Pacific region, China and India in particular, will continue to be the biggest producer of manufactured fibers, and is also forecast to experience the most rapid growth.High-end synthetic fibers to grow the most rapidly Strong growth in specialty fibers will reflect the continuing healthy outlook for spandex, which is gaining new applications in the apparel sector beyond its bedrock uses in sportswear and underwear. In particular, spandex is finding broad applications in blends with cotton and other fibers, and will continue to benefit from its light weight, softness, stretchability and resistance to deterioration from perspiration, lotions or detergents. For their part, aramid fibers will benefit from rising demand for flame-resistant and other protective clothing, as these fibers offer high strength and superior heat resistance. Demand will receive a boost in growing specialty apparel markets such as bullet-proof vests and fire protective suits.Polyester fibers will also post rapid gains, and will remain the largest manufactured fibers segment by far, due to their versatility and favorable cost-performance characteristics. Polyester fibers will continue to expand their market share in the fiber industry at the expense of cotton and cellulosic fibers, as well as other synthetics such as nylon and acrylic.China to continue leading world production Continuing established trends seen over the past decade, China will increase its share of manufactured fiber production. For instance, by 2012, China is expected to produce over 70 percent of all polyester output. India will also post strong increases, but total production levels will remain well below that of China. On the other hand, European, North American and Japanese mills will continue to face tough challenges, such as market maturity, capacity rationalization, competition from imports and business shifting to nations that offer lower production costs.For more reports of your interest, please visit the following link: http://www.bharatbook.com/Market-Research/Fiber.htmlOrContact us at:Bharat Book BureauPhone : +91 22 2757 8668 / 2757 9438 Fax : +91 22 2757 9131 E-mail : info@bharatbook.com Website : www.bharatbook.com