Asia accounts for 83% of MMF global output

27 Jul '10

2 min read

The global supply of man-made and natural fibres has risen from 52.6 million ton in 2000 to 70.5 million tons in 2009, which corresponds to an annual growth rate of 3.3 percent and during this period market share of man-made fibres managed to increase from 59 percent to 63 percent, says the 10th fibre report from Oerlikon.

Correspondingly, the global fibre consumption rose by 4.2 percent year-on-year to 70.5 million tons, of which man-made fiber use grew by 4 percent to 44.1 million tons and that of natural fibres rose by 4.5 percent to touch 26.4 million tons.

The report states that, world wool production in 2009 fell to 1.1 million tons, down 7.4 percent, which is the seventh year of decline in the last 10 years.

Synthetic fiber sector reported a mixed development. Total market rose by 3.7 percent to 40.3 million tons, of which production of polyester fiber grew by 5.3 percent and of acrylic fiber increased by 4.4 percent, but that of polypropylene declined by 6.5 percent.

The report goes on to state that, the business of man-made fiber spinning in developed economies fell once more, while, that of the countries in Asia continued to develop market share. Production capacity of man-made fibers of Asia is more than 36 million tons and accounts for 83 percent of global output.

Fibre2fashion News Desk - India

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