SYNTHETIC TEXTILE FIBER MARKET ANALYSIS
Market Regional Analysis
Asia Pacific is expected to gain a significant market share in the global synthetic textile fiber market over the forecast period. This is owing to lack of regulations and increasing demand from emerging economies such as India and China. Due to lack of regulations, major key players are shifting production site to Asia Pacific countries, which is expected to support the market growth. North America is expected to witness significant growth, owing to increasing demand and production of synthetic textile fiber in the region.
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