Market analysis indicates that driven by EU sustainability regulations and global brand commitments, demand for eco-friendly chemical fibers will remain strong in 2024,
As safety and lightweighting requirements for New Energy Vehicles reach unprecedented levels, high-performance fibers are becoming a focal point in battery pack design.
A combination of adverse weather in key producing regions, disease, and geopolitical factors is expected to tighten global natural rubber supplies in the medium term, increasing price volatility.