Synthetic Fibre Manufacturing in Germany - Market Research Report (2014-2029)
Frankfurt, Germany
Last Updated: February 2024
WZ C20.60DERevenue
€2.1bn
Past 5-Year Growth
Profit
€XX.Xbn
Employees
7,875
Businesses
28
Wages
€XXX.Xm
Synthetic Fibre Manufacturing in Germany industry analysis
The manmade fibre manufacturing industry is expected to generate sales of 2.1 billion euros in 2024. This corresponds to a decline of 4.9% compared to the previous year. Since 2019, the turnover of German manmade fibre manufacturers has fallen by an average of 2.9% per year. The loss of sales is partly due to competitive pressure from Asian, particularly Chinese, manmade fibre manufacturers, which are driving down prices on the global market. German producers are therefore increasingly avoiding price competition and trying to differentiate themselves from the competition through the quality of their products and serve niche markets. In 2020, industry sales fell by 16.8% due to the pandemic. Commodity prices have risen significantly since autumn 2020 as industrial companies replenish their stocks. The increased commodity price level has a two-sided effect on the industry. On the one hand, higher prices have to be paid for crude oil-based chemical raw materials, while on the other hand, higher market prices can be demanded for industry products. However, the further rise in raw material prices at the beginning of 2022 due to the Ukraine crisis is largely negative from an industry perspective, as the increased costs cannot be fully passed on to customers.The industry's production volume slumped significantly in 2020 due to the pandemic and is still likely to be below the 2019 level in 2024, resulting in lower demand for the industry's products. By contrast, the industry benefited from the fact that consumers invested more in the interior design of their homes during the pandemic and therefore purchased products based on man-made fibres, such as curtains.By 2029, IBISWorld expects industry turnover to grow by an average of 0.1% per year, meaning that it will amount to 2.1 billion euros in 2029. Even suppliers of quality and niche products will only be able to escape the price pressure from imports to a limited extent, which is why IBISWorld sees the industry in the degeneration phase and expects the number of industry players and employees in 2029 to be below the level of 2024.
Trends and Insights
- China is the dominant power in man-made fibre production. Two out of three man-made fibres come from the People's Republic, whose supremacy sets the framework conditions for companies producing in Germany.
- Cellulose man-made fibres are not based on crude oil and are therefore not dependent on the volatility of crude oil prices and the availability of crude oil. They are therefore likely to be in greater demand in the future.
- In an interregional comparison, most manmade fibre producers and their companies are located in the Central Region. Nationwide, North Rhine-Westphalia leads the ranking of federal states with the most companies in the industry. Manufacturing industries are very strongly represented as customers in this federal state.
- Quality is an extremely important competitive criterion. Smaller banking companies in particular define themselves by the high quality of their products.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 2.9 % over the past five years, to reach an estimated €2.1bn in 2024.
Trends and Insights
Chinese dominance in man-made fibre production poses a threat to industry players
- China is the dominant power in the production of man-made fibres. Two out of three man-made fibres come from the People's Republic, whose supremacy sets the framework conditions for companies producing in Germany.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
The growing global population will drive the internationalisation of the industry
- One of the drivers of the global production of man-made fibres is the growth of the world's population. More and more textiles are needed, for example for the production of clothing or home textiles. This increasing demand cannot be met by using natural fibres alone.
Biggest companies in the Synthetic Fibre Manufacturing in Germany
| Company | Market Share (%)
2024 | Revenue (€m)
2024 |
|---|---|---|
Indorama Ventures Fibers Germany GmbH | 330.4 | |
Cerdia Produktions GmbH | 249.9 | |
Kelheim Fibres GmbH | 181.6 |
To view the market share and analysis for all 6 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Polyester fibres, Cellulosic man-made fibres and Polyacrylic fibres. Polyester fibres is the largest segment of the Synthetic Fibre Manufacturing in Germany.
Trends and Insights
Polyester fibres are likely to remain in demand in the future due to their versatility
- Polyester fibres are synthetic fibres. Polyester fibres are used for textiles as well as for the production of printed circuit boards, PET bottles and paints.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Glass Fibre Manufacturing in Germany
Complementors
- Technical Textile Manufacturing in Germany
- Textile Wholesaling in Germany
International industries
- Synthetic Fiber Manufacturing in the US
- Synthetic Fibre Manufacturing in Canada
- Synthetic and Natural Textile Manufacturing in Australia
Table of Contents
About this industry
Industry definition
Companies in this sector produce synthetic and cellulosic man-made fibres. This includes the production of filaments, filament yarns and unprocessed staple fibres. However, the sector's activities do not include the spinning of yarns and the production of yarns from staple fibres. Polyester fibres are among the industry's best-known products.
What's included in this industry?
Polyester fibresCellulosic man-made fibresPolyacrylic fibresPolyamide fibresCompanies
Indorama Ventures Fibers Germany GmbHCerdia Produktions GmbHKelheim Fibres GmbHPurchase this report to view all 6 major companies in this industry.
Related Terms
FILAMENTSSTAPLE FIBRESPIN DIMENSIONCELLULOSIC MAN-MADE FIBRESMATRIX SPINNINGIndustry Code
WZ 20.60 - Synthetic Fibre Manufacturing in Germany
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
China is the dominant power in man-made fibre production. Two out of three man-made fibres come from the People's Republic, whose supremacy sets the framework conditions for ...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Cellulose man-made fibres are not based on crude oil and are therefore not dependent on the volatility of crude oil prices and the availability of crude oil. They are therefo...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
In an interregional comparison, most manmade fibre producers and their companies are located in the Central Region. Nationwide, North Rhine-Westphalia leads the ranking of fe...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Quality is an extremely important competitive criterion. Smaller banking companies in particular define themselves by the high quality of their products.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Indorama Ventures Fibers Germany develops sustainable PLA fibres as an environmentally friendly alternative to petroleum-based fibres. These offer numerous advantages, such a...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Indorama Ventures Fibers Germany GmbH's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Cerdia Produktions GmbH's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Kelheim Fibres GmbH's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 3 additional companies
Detailed analysis
- Description and key data for Indorama Ventures Fibers Germany GmbH, and factors influencing its performance in the industry
- Description and key data for Cerdia Produktions GmbH, and factors influencing its performance in the industry
- Description and key data for Kelheim Fibres GmbH, and factors influencing its performance in the industry
- Description, key data and performance trends for 3 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The REACH Regulation regulates the use of chemicals that are harmful to the environment and human health and applies throughout the European Economic Area. It obliges manufac...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profit margins vary depending on the company and business strategy. Smaller companies that specialise in individual customer work achieve higher profit margins, while larger ...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Germany include:
- German Federal Statistics Office (Destatis)
- European Statistics Office (Eurostat)
- United Nations Comtrade
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Synthetic Fibre Manufacturing industry in Germany in 2024?
The market size of the Synthetic Fibre Manufacturing industry in Germany is €2.1bn in 2024.
How many businesses are there in the Synthetic Fibre Manufacturing in Germany industry in 2024?
There are 28 businesses in the Synthetic Fibre Manufacturing industry in Germany, which has declined at a CAGR of 1.4 % between 2019 and 2024.
Has the Synthetic Fibre Manufacturing industry in Germany grown or declined over the past 5 years?
The market size of the Synthetic Fibre Manufacturing industry in Germany has been declining at a CAGR of 2.9 % between 2019 and 2024.
What is the forecast growth of the Synthetic Fibre Manufacturing industry in Germany over the next 5 years?
Over the next five years, the Synthetic Fibre Manufacturing industry in Germany is expected to grow.
What are the biggest companies in the Synthetic Fibre Manufacturing market in Germany?
The biggest companies operating in the Synthetic Fibre Manufacturing market in Germany are Indorama Ventures Fibers Germany GmbH, Cerdia Produktions GmbH and Kelheim Fibres GmbH
What does the Synthetic Fibre Manufacturing in Germany include?
Polyester fibres and Cellulosic man-made fibres are part of the Synthetic Fibre Manufacturing industry.
Which companies have the highest market share in the Synthetic Fibre Manufacturing in Germany?
The company holding the most market share in Germany is Indorama Ventures Fibers Germany GmbH.
How competitive is the Synthetic Fibre Manufacturing industry in Germany?
The level of competition is moderate and steady in the Synthetic Fibre Manufacturing industry in Germany.
