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title: 'India Synthetic Fibers Market Report, Industry Overview and Forecast by 2033'

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# India Synthetic Fibers Market Report, Industry Overview and Forecast by 2033
<h3><strong>MARKET OVERVIEW</strong></h3>
<p><span style="font-weight: 400;">The India Synthetic Fibers Market size was </span><strong>USD 3.24 Billion</strong><span style="font-weight: 400;"> in 2024 and is projected to reach </span><strong>USD 6.53 Billion</strong><span style="font-weight: 400;"> by 2033, growing at a CAGR of </span><strong>7.50%</strong><span style="font-weight: 400;"> during 2025-2033. Growth is driven by increasing demand for technical textiles and synthetic apparel, supported by government policies including import regulations and incentives. Odisha&rsquo;s emerging role in fiber manufacturing and the adoption of performance-based textiles further advance market expansion. The report presents a thorough review featuring the </span><a href="https://www.imarcgroup.com/india-synthetic-fibers-market"><span style="font-weight: 400;">India Synthetic Fibers Market Report</span></a><span style="font-weight: 400;">, trends, and research of the industry.</span></p>
<p><strong>STUDY ASSUMPTION YEARS</strong></p>
<ul>
<li style="font-weight: 400;"><span style="font-weight: 400;">Base Year: 2024</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Historical Year/Period: 2019-2024</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Forecast Year/Period: 2025-2033</span></li>
</ul>
<p><strong>INDIA SYNTHETIC FIBERS MARKET KEY TAKEAWAYS</strong></p>
<ul>
<li style="font-weight: 400;"><span style="font-weight: 400;">Current Market Size: USD 3.24 Billion in 2024</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">CAGR: 7.50% during 2025-2033</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Forecast Period: 2025-2033</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Rising demand for technical textiles across automotive, healthcare, construction, and defense industries is boosting market growth.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Odisha is emerging as a key player due to strategic advantages like port access and cost-effective labor.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Government incentives like the Production-Linked Incentive (PLI) scheme encourage synthetic fiber production investments.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Preference for synthetic apparel is increasing driven by affordability, durability, and versatility.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Import regulations, including extended Minimum Import Price (MIP), support domestic manufacturers by limiting low-cost imports.</span></li>
</ul>
<p><strong>Sample Request Link:</strong> <a href="https://www.imarcgroup.com/india-synthetic-fibers-market/requestsample"><span style="font-weight: 400;">https://www.imarcgroup.com/india-synthetic-fibers-market/requestsample</span></a></p>
<p><strong>MARKET TRENDS</strong></p>
<p><span style="font-weight: 400;">India's synthetic fibers market is growing due to strong demand for technical textiles used in automotive, healthcare, construction, and defense sectors, where durability and functionality are crucial. The government's push for infrastructure development and industrial expansion has further fueled demand. Innovations in fiber technology delivering fire resistance, water repellency, and durability contribute to this trend.</span></p>
<p><span style="font-weight: 400;">Odisha is poised to lead the global synthetic fiber textile industry by 2025, backed by strategic advantages such as port access, mineral resources, and affordable labor. This bolsters India's production capacity and supports large-scale manufacturing of specialized synthetic fibers for technical uses.</span></p>
<p><span style="font-weight: 400;">The adoption of smart textiles in defense and medical sectors is rising, fostering market expansion. Supportive government schemes like the Production-Linked Incentive (PLI) for textiles encourage investments, positioning India as a significant technical textiles hub.</span></p>
<p><span style="font-weight: 400;">Consumer preference for synthetic apparel is increasing, fueled by affordability, durability, and versatility. Polyester and nylon are popular due to moisture-wicking properties, wrinkle resistance, and fast fashion suitability. Rising middle-class income levels drive demand for stylish, cost-effective clothing. Sportswear and activewear segments also experience notable growth due to comfort and flexibility.</span></p>
<p><span style="font-weight: 400;">India extended its Minimum Import Price (MIP) on synthetic fibers until December 31, 2024, to protect domestic manufacturers by limiting low-cost imports. This regulatory change supports local production, making domestic synthetic fabrics more accessible and competitive.</span></p>
<p><span style="font-weight: 400;">Domestic manufacturers are ramping up capacity under a self-reliance focus. Major fashion brands increasingly source synthetic fabrics locally, aided by eco-friendly fiber innovations addressing sustainability-conscious consumers. Synthetic fibers are set to dominate India's textile sector.</span></p>
<p><span style="font-weight: 400;">For detailed insights, visit the India synthetic fibers market report page: </span><a href="https://www.imarcgroup.com/india-synthetic-fibers-market"><span style="font-weight: 400;">https://www.imarcgroup.com/india-synthetic-fibers-market</span></a></p>
<p><strong>MARKET GROWTH FACTORS</strong></p>
<p><span style="font-weight: 400;">Growth is bolstered by government measures that support domestic production through import regulation and incentives. Odisha&rsquo;s emergence as a key manufacturing hub leverages port access, mineral wealth, and affordable labor, enhancing production scale and capability.</span></p>
<p><span style="font-weight: 400;">The rising use of technical textiles in sectors like automotive and healthcare, requiring materials with enhanced properties such as durability and fire resistance, drives demand. Production-Linked Incentive (PLI) schemes facilitate increased investment in synthetic fiber manufacturing.</span></p>
<p><span style="font-weight: 400;">Consumer demand for synthetic apparel grows with rising disposable incomes and middle-class expansion. Apparel demand is supported by synthetic fabrics&rsquo; affordability and performance attributes. Regulatory controls on imports strengthen domestic market competitiveness.</span></p>
<p><strong>MARKET SEGMENTATION</strong></p>
<p><strong>Type Insights:</strong></p>
<ul>
<li style="font-weight: 400;"><span style="font-weight: 400;">Polyester: A commonly used synthetic fiber known for durability and versatility in apparel and technical textiles.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Nylon: Durable and elastic fiber used in clothing and industrial applications.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Acrylics: Lightweight synthetic fiber, similar to wool, used in clothing and home furnishings.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Polyolefin: Fibers such as polypropylene offering chemical resistance, applied in filtration and home furnishings.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Others: Includes all other synthetic fiber types outside the above categories.</span></li>
</ul>
<p><strong>Application Insights:</strong></p>
<ul>
<li style="font-weight: 400;"><span style="font-weight: 400;">Clothing: Extensive use of synthetic fibers for affordable and performance-oriented apparel.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Home Furnishing: Application in textile interiors, upholstery, and decorative fabrics.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Automotive: Use in vehicle interiors, filtration, and safety textiles.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Filtration: Fibers applied in air and water filtration products.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Others: Additional diverse applications of synthetic fibers.</span></li>
</ul>
<p><strong>Regional Insights:</strong></p>
<ul>
<li style="font-weight: 400;"><span style="font-weight: 400;">North India</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">South India</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">East India</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">West India</span></li>
</ul>
<p><span style="font-weight: 400;">These regions represent major markets analyzed for size and growth dynamics.</span></p>
<p><strong>REGIONAL INSIGHTS</strong></p>
<p><span style="font-weight: 400;">Odisha stands out as a dominant region due to strategic advantages like port access, mineral resources, and cost-effective labor. By January 2025, it is forecast to lead the global synthetic fiber textile industry, strengthening India&rsquo;s production capacity and enabling large-scale manufacturing of specialized synthetic fibers for technical applications.</span></p>
<p><strong>Get Your Customized Market Report Instantly: </strong><a href="https://www.imarcgroup.com/request?type=report&amp;id=30567&amp;flag=E"><span style="font-weight: 400;">https://www.imarcgroup.com/request?type=report&amp;id=30567&amp;flag=E</span></a></p>
<p><strong>RECENT DEVELOPMENTS &amp; NEWS</strong></p>
<ul>
<li style="font-weight: 400;"><span style="font-weight: 400;">In February 2025, RSWM Limited secured the 1st Runner-Up award for "Innovative Water Management and Conservation" at the CITI Textile Sustainability Awards, showcasing investments in sustainable practices like water recycling and energy-efficient technologies.</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">In September 2024, Paramount Dye Tec Limited launched an IPO to raise INR 28.43 Crore, focusing on recycling waste synthetic fibers into high-quality yarns, aligning with increasing demand for sustainable textiles and expanding market share.</span></li>
</ul>
<p><strong>If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.</strong></p>
<p><strong>ABOUT US</strong></p>
<p><span style="font-weight: 400;">IMARC Group is a global management consulting firm that helps the world&rsquo;s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.</span></p>
<p><strong>CONTACT US</strong></p>
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