“According to government regulation in India regarding import and export, the IEC number (Import Export Code Number) is mandatory to become an importer or exporter in India. It is issued by the Director-General of Foreign Trade office. For exporting or importing STAPLE FIBERS (Man-Made), INC. YARNS ETC. from/to India, the customs department and other government and non-government agencies of India identify the product on the basis of this eight digits Indian trade classification code. Moreover, for importing STAPLE FIBERS (Man-Made), INC. YARNS ETC. to India or exporting STAPLE FIBERS (Man-Made), INC. YARNS ETC. from India, the 8 digits Indian Tariff Code (ITC) is used to classify the product.”
According the report, Growing Demand of Synthetic Fibers for Home Furnishing
is one of the primary growth factors for the market. Low Cost of Synthetic Fibers Compared to Natural Fibers
is also expected to contribute significantly to the Synthetic Fibers market. Overall, Regenerated
applications of Synthetic Fibers, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Asia-Pacific Synthetic Fibers market identified that the demand is rising in many different parts of the world as "Increasing Demand of Synthetic Fibers from Automotive Industry
"
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Asia-Pacific Synthetic Fibers market by Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Synthetic Fibers market and other related sub-markets covered in the study.
o Key & emerging players in the Synthetic Fibers market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Synthetic Fibers market size is calculated using market estimation process, the Synthetic Fibers market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Asia-Pacific Synthetic Fibers market size has been validated using both top-down and bottom-up approaches.