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Global fiber demand is estimated to decline by almost 4% in 2020
due to the COVID-19 pandemic. There has been severe demand
destruction in all but polypropylene fibers.
Which fiber's demand was heavily impacted by weaker sales of
fibers into apparel, home textiles and automobiles?
A new service by IHS Markit, the
Annual Global Fibers Service, delivers comprehensive data and
analysis for most of natural and man-made fibers in significant
depth.
The service covers polyester, nylon, acrylic, cotton,
viscose/acetate, polypropylene, wool and silk fibers. This service
includes country supply and demand data for these fibers at a
single place, including a 5-year history and 10-year long term
outlook. The service also covers fiber prices to providing
inter-fiber competition and its possible impact on supply and
demand.
How this new service helps you:
Understand long term price trends by fiber
Find which demand centers will be most strategically important
for new product sales
Discover new suppliers and buying at competitive prices
Grasp the fibers market developments required for decisions
about fiber industry investments
Realize the best time to launch a new technology
Posted 26 October 2020 by Prem Chitkara, Director, Polyester and Nylon Fibers, IHS Markit
