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Synthetic viscose fiber market to reach 37.4 billion dollars amid sustainability push

The global synthetic viscose fiber market is projected to expand significantly over the next decade, according to a new report from Allied Market Research (AMR). The market, valued at 19 billion dollars in 2024, is forecast to reach 37.4 billion dollars by 2034, registering a compound annual growth rate (CAGR) of seven percent. This growth is...

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Textile Exchange: Fashion still relying on virgin, fossil-based synthetic fibres

Data from non-profit Textile Exchange’s latest Materials Market Report shows that the market share of virgin, fossil-based synthetics continued to increase in 2023, while that of cotton and recycled fibres declined. These findings correspond to those of a survey among 50 major fashion brands by NGO Changing Markets Foundation: The brands...

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