Synthetic Yarn Market

Market Definition

The market involves the production of yarn made from synthetic fibers such as polyester, nylon, acrylic, and others. These fibers are man-made, offering advantages such as high durability, strength, and resistance to wear and tear compared to natural fibers.

Synthetic yarns are used extensively in textiles for clothing, home furnishings, automotive applications, and industrial products due to their cost-effectiveness, versatility, and performance characteristics.

Synthetic Yarn Market Overview

Global synthetic yarn market size was USD 25.78 billion in 2023, which is estimated to be valued at USD 27.17 billion in 2024 and reach USD 47.03 billion by 2031, growing at a CAGR of 8.15% from 2024 to 2031.

The fashion industry's increasing preference for sustainable, versatile, durable, and low-maintenance fabrics is boosting the demand for synthetic yarns. Their affordability, durability, and easy-care properties are fueling growth in apparel production.

Major companies operating in the synthetic yarn industry are Reliance Industries Limited, Bombay Dyeing, Indorama Ventures Public Company Limited., Avika Textiles, ROYAL EMBROIDERY THREADS PVT. LTD., APPL Industries Limited, WITMANS INDUSTRIES PVT. LTD., Maheshwari Textile, KURARAY CO., LTD., DuPont, Grasim Industries Limited, Indian Acrylics Limited, ColossusTex, Vardhman Textiles Limited., Filatex India Limited, and others.

The market is characterized by a wide variety of yarns made from synthetic fibers such as polyester, nylon, and acrylic. These yarns are used extensively across multiple industries, including textiles, automotive, and industrial sectors. Market expansion is fueled by the demand for sustainable, durable, cost-effective, and versatile yarns that offer superior performance in a range of applications.

The market is expanding due to advanecments in fiber technology, improved production processes, enhanced sustainability, which are enhancingproduct quality and global availability.

• In August 2024, UNIFI launched circular polyester products, including white filament yarn and ThermaLoop insulation, made from recycled textile waste. Powered by Textile Takeback, these sustainable products offer high-performance solutions, supporting circularity and eco-friendly practices in the textile industry.

Key Highlights:

1. The synthetic yarn industry size was recorded at USD 25.78 billion in 2023.
2. The market is projected to grow at a CAGR of 8.15% from 2024 to 2031.
3. Europe held a share of 33.81% in 2023, valued at USD 8.72 billion.
4. The filament segment garnered USD 14.33 billion in revenue in 2023.
5. The polyester segment is expected to reach USD 12.60 billion by 2031.
6. The aerospace & defense segment is anticipated to witness the fastest CAGR of 8.26% over the forecast period
7. Asia Pacific is anticipated to grow at a CAGR of 9.09% throough the projection period.

Market Driver

"Growth of the Apparel Industry"

The expansion of the apparel industry is propelling the growth of the synthetic yarns, favored by fashion brands for their versatility, durability, and easy of maintenance.

Synthetic yarns, made from fibers such as polyester and nylon, offer advantages such as strength, affordability, and low-maintenance qualities, making them ideal for mass production of clothing and textiles. As consumers prioritize cost-effective, long-lasting, and low-maintenance clothing, the synthetic yarns market continues to riset.

• In February 2025, UNIFI, Inc. launched Integr8, a sustainable, spandex-free stretch yarn made from REPREVE recycled polyester. Unveiled at Première Vision Paris, Integr8 offers superior performance features, including moisture management, evaporative cooling, and UPF protection, targeting apparel, footwear, and home furnishings industries.

Market Challenge

"Lack of Consumer Awareness"

A significant challenge impeding the expansion of the synthetic yarn market is the lack of consumer awareness regarding the benefits of recycled synthetic yarns. This limits the widespread adoption of eco-friendly alternatives in textiles.

To address this, companies can invest in educating consumers through marketing campaigns, certifications, and partnerships with sustainable brands, emphasizing environmental and performance benefits of recycled fibers to boost demand.           

Market Trend

"Major Emphasis on Circular Economy"

The synthetic yarn market is witnessing a growing trend toward a circular economy model, where recycling and reusing synthetic fibers are prioritized to reduce waste and reliance on virgin materials.

Companies are increasingly adopting sustainable production practices by repurposing post-consumer and post-industrial waste into high-quality yarns. This approach minimizes environmental impact, lowers material costs, and meets consumer demand for eco-friendly products.

• In February 2025, Toray Industries announced a breakthrough in nylon 66 recycling, using proprietary depolymerization technology to efficiently recover monomers. This advancement offers significant potential for recycling nylon in automotive, industrial, and textile applications, promoting sustainability in synthetic fibers.

Synthetic Yarn Market Report Snapshot

Segmentation	Details
By Type	Filament, Spun
By Fiber	Polyester, Nylon, Rayon, Acrylic, Others
By End-Use Industry	Textile, Healthcare, Automotive, Aerospace & Defense, Others
By Region	North America: U.S., Canada, Mexico
	Europe: France, UK, Spain, Germany, Italy, Russia, Rest of Europe
	Asia-Pacific: China, Japan, India, Australia, ASEAN, South Korea, Rest of Asia-Pacific
	Middle East & Africa: Turkey, UAE, Saudi Arabia, South Africa, Rest of Middle East & Africa
	South America: Brazil, Argentina, Rest of South America

Market Segmentation

• By Type (Filament and Spun): The filament segment earned USD 14.33 billion in 2023, mainly due to growing demand for durable, versatile yarns.
• By Fiber (Polyester, Nylon, Rayon, Acrylic, and Others): The polyester held a share of 26.78% in 2023, aided by its widespread use in textiles and affordability.
• By End-Use Industry (Textile, Healthcare, Automotive, Aerospace & Defense, and Others): The textile segment is projected to reach USD 15.05 billion by 2031, owing to the rising demand for sustainable fabrics.

Synthetic Yarn Market Regional Analysis

Based on region, the global market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Europe synthetic yarn market accounted for a share of around 33.81% in 2023 in the global market, with a valuation of USD 8.72 billion. This dominance is reinforced by strong demand across industries such as textile, automotive, and healthcare.

The regional market benefits from a well-established textile industry, ongoing technological advancements, and growing consumer awareness about sustainable fabrics. Countries such as Germany, France, and Italy are leading producers and consumers of synthetic yarn, contributing significantly to domestic market growth.

Additionally, Europe’s strict environmental regulations have spurred the adoption of recycled fibers and eco-friendly synthetic yarns, reinforcing its market dominance.

Asia Pacific synthetic yarn industry is estimated to grow at a CAGR of 9.09% over the forecast period. This expansion is propelled by rapid industrialization, increasing population, and expanding textile manufacturing capabilities.

Countries such as China, India, and Vietnam are contributing significantly to this growth due to low production costs, a robust labor force, and growing demand for affordable, durable textiles. The region's focus on sustainability and advancements in synthetic yarn technology further boost this expansion, positioning it as a key market for synthetic yarn.

• In August 2024, Samsara Eco and NILIT announced plans to build the world’s first textile-to-textile nylon 6,6 recycling facility in Southeast Asia. This facility, set to be operational by late 2026, aims to support the infinite recycling of nylon 6,6 for sustainable apparel production.

Regulatory Frameworks:

• The Regulation on the registration, evaluation, authorisation and restriction of chemicals (REACH) is the main EU legislation aimed at safeguarding human health and the environment from chemical risks. The EU’s Circular Economy Action Plan seeks to enhance sustainability by improving product design, promoting circular economy practices, encouraging sustainable consumption, and minimizing waste while retaining resources within the EU economy. 
• In the U.S., the Environmental Protection Agency (EPA) regulates environmental policies, conducts research, and enforces measures to mitigate significant health and environmental risks.

Competitive Landscape

The synthetic yarn industry is undergoing significant transformations, fueled by growing emphasis on sustainability and circular economy models. Advances in recycling technologies, including chemical processing of polyester and nylon, are enhancing material reuse.

Governments and companies are focusing on reducing waste, improving production efficiency, and offering eco-friendly alternatives to meet consumer preferences for environmentally conscious textiles, contributing to market growth.

• In January 2025, SHEIN, in collaboration with Donghua University, introduced an innovative polyester recycling process aimed at producing high-quality recycled polyester yarn. Set for large-scale production by June 2025, this initiative targets 3,000 metric tons annually, advancing sustainability in synthetic yarn production.

List of Key Companies in Synthetic Yarn Market:

• Reliance Industries Limited
• Bombay Dyeing
• Indorama Ventures Public Company Limited.
• Avika Textiles
• ROYAL EMBROIDERY THREADS PVT. LTD.
• APPL Industries Limited
• WITMANS INDUSTRIES PVT. LTD.
• Maheshwari Textile
• KURARAY CO., LTD.
• DuPont
• Grasim Industries Limited
• Indian Acrylics Limited
• ColossusTex
• Vardhman Textiles Limited.
• Filatex India Limited

Recent Developments (Partnership/New Product Launch)

• In January 2024, DuPont partnered exclusively with Point Blank Enterprises to develop body armor featuring DuPont Kevlar EXO, a high-strength, heat-resistant aramid fiber. This innovation enhances protection, flexibility, and lightweight perfomance, improving comfort and mobility for law enforcement professionals while meeting new ballistic standards.
• In July 2024, Autoliv introduced airbags made with 100% recycled polyester, cutting greenhouse gas emissions by 50%. This innovation maintains safety performance while supporting the company’s commitment to sustainable, resource-efficient solutions and a net-zero GHG emission goal by 2040.