China Bio-based Synthetic Fibers Market Global Outlook and Forecast 2024-2030

China Bio-based Synthetic Fibers Market Global Outlook and Forecast 2024-2030

The China Bio-based Synthetic Fibers market size was valued at US$ 3.25 billion in 2024 and is projected to reach US$ 5.18 billion by 2030, at a CAGR of 8.1% during the forecast period 2024-2030.

Bio-based Synthetic Fibers are man-made fibers derived from renewable biological resources such as plants or biomass, offering a more sustainable alternative to traditional petroleum-based synthetic fibers while maintaining similar performance characteristics.

China's Bio-based Synthetic Fibers market is experiencing strong growth, driven by increasing environmental awareness and government initiatives promoting sustainable materials. In 2023, China produced 1.85 million metric tons of bio-based synthetic fibers, with 70% consumed domestically and 30% exported. The textile and apparel industry remains the largest consumer, accounting for 65% of demand, followed by automotive textiles at 15% and home furnishings at 12%. The market benefited significantly from China's 14th Five-Year Plan emphasis on bio-economy, which led to a 28% increase in investments in bio-based material production facilities in 2023. Technological advancements have improved fiber quality and production efficiency, with new bio-based polyester fibers achieving properties comparable to traditional PET, while reducing carbon footprint by 40%. The market is seeing rapid growth in bio-based nylon fibers, increasing at 12% annually, driven by demand in performance apparel and sustainable fashion sectors. In 2023, new regulations promoting recycled and bio-based materials in textiles led to a 35% increase in adoption by major apparel brands. The industry faces challenges from higher production costs compared to conventional synthetics, with bio-based fibers typically commanding a 15-25% price premium. However, economies of scale and improving technologies are gradually narrowing this gap. Research into novel feedstocks, such as agricultural waste and algae, is emerging as a promising field, with these next-generation bio-based fibers growing at 20% CAGR, albeit from a small base of 2% market share. Looking ahead, the market is expected to benefit from the growing trend of circular economy in textiles, with bio-based and recyclable fibers projected to account for 30% of all synthetic fiber production in China by 2030. The development of bio-based fibers with enhanced functional properties, such as moisture management and antimicrobial features, is also gaining traction, with R&D investments in this area increasing by 40% in 2023 compared to the previous year.

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This report contains market size and forecasts of Bio-based Synthetic Fibers in China, including the following market information:

•   China Bio-based Synthetic Fibers Market Revenue, 2019-2024, 2024-2030, ($ millions)

•   China Bio-based Synthetic Fibers Market Sales, 2019-2024, 2024-2030,

•   China Top five Bio-based Synthetic Fibers companies in 2023 (%)

Report Includes

This report presents an overview of China market for Bio-based Synthetic Fibers , sales, revenue and price. Analyses of the China market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Bio-based Synthetic Fibers sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the China Bio-based Synthetic Fibers market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•   PLA

•   PTT

•   PET

•   PA

•   Others

Segment by Applications

•   Clothing

•   Protective Areas

•   Bags and Suitcases

•   Other

Key Companies covered in this report:

•   Sateri

•   China Bambro Textile Co., Ltd.

•   Jiangsu Aoshen Fiber Co., Ltd.

•   Tangshan Sanyou Group Xingda Chemical Fiber Co.,Ltd.

•   Zhejiang Hengyi Group Co., Ltd.

•   Fulida Group Holding Co., Ltd.

•   Shandong Huimin Santai Textile Co., Ltd.

•   Far Eastern New Century Corporation

•   Jiujiang Hengsheng Biological Technology Co., Ltd.

•   Yibin Grace Group Company

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•   Key companies Bio-based Synthetic Fibers revenues in Chinan market, 2019-2024 (Estimated), ($ millions)

•   Key companies Bio-based Synthetic Fibers revenues share in Chinan market, 2023 (%)

•   Key companies Bio-based Synthetic Fibers sales in Chinan market, 2019-2024 (Estimated),

•   Key companies Bio-based Synthetic Fibers sales share in Chinan market, 2023 (%)

Key Indicators Analysed

•   Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

•   Chinan Market Analysis: The report includes Chinan market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

•   Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

•   Opportunities and Drivers: Identifying the Growing Demands and New Technology

•   Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:

•   Industry drivers, restraints, and opportunities covered in the study

•   Neutral perspective on the market performance

•   Recent industry trends and developments

•   Competitive landscape & strategies of key players

•   Potential & niche segments and regions exhibiting promising growth covered

•   Historical, current, and projected market size, in terms of value

•   In-depth analysis of the Bio-based Synthetic Fibers Market

•   Overview of the regional outlook of the Bio-based Synthetic Fibers Market

Key Reasons to Buy this Report:

•   Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

•   This enables you to anticipate market changes to remain ahead of your competitors

•   You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents

•   The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

•   Provision of market value (USD Billion) data for each segment and sub-segment

•   Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

•   Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

•   Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

•   Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

•   The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

•   Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

•   Provides insight into the market through Value Chain

•   Market dynamics scenario, along with growth opportunities of the market in the years to come

•   6-month post-sales analyst support

We offer additional regional and global reports that are similar:

•   Global Bio-based Synthetic Fibers Market

•   United States Bio-based Synthetic Fibers Market

•   Japan Bio-based Synthetic Fibers Market

•   Germany Bio-based Synthetic Fibers Market

•   South Korea Bio-based Synthetic Fibers Market

•   Indonesia Bio-based Synthetic Fibers Market

•   Brazil Bio-based Synthetic Fibers Market

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