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Australia man-made fibres market reported revenues of A$477Mn in 2012

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PR-Inside.com: 2014-04-02 07:31:02
Market for man-made fibres in Australia sees 4% annual value decline from 2007, bringing total sales down to A$725 million in 2012. Imports decrease from 36% of market in 2007 to 23% in 2012. Local producers generate A$477 million revenue in 2012, virtually the same as in 2007.

Local enterprises mainly manufacture nylon, textured and artificial filament yarn fibres. Industry very concentrated, with 68% of turnover in the hands of six largest companies. Total revenue projected to see 2% CAGR over 2013-2018 to reach A$545 million in the latter year.

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