Press release
Global Bicomponent Fiber Market to Reach US$ 2,025.2 million in 2022
This report, from Stratview Research, studies the bicomponent fiber market over the period 2017 to 2022. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities in the market.
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The Global Bicomponent Fiber Market: Highlights
Bicomponent fiber offers healthy growth opportunities in the entire ecosystem of the market. The global bicomponent fiber market is likely to reach US$ 2,025.2 million in 2022. Rising living standard of consumers, growing nonwoven market, increasing demand for baby and adult diapers, increasing automobile production, increasing awareness towards hygiene products, increasing demand for softer and bulkier products, and higher performance of bicomponent fiber over single polymer fibers are the major growth drivers of the bicomponent fiber market.
Bicomponent Fiber Market Trend and Forecast by Structure Type
The global bicomponent fiber market is segmented based on the material type as PE/PP, PE/PET, Co-PET/PET, and Others. Co-PET/PET is expected to remain the most dominant material type in the global bicomponent fiber market during the forecast period, owing to its low cost coupled with good chemical resistance and physical properties. The material type is also likely to witness the highest growth during the same period, driven by increasing penetration in emerging markets, such as China.
Based on the structure type, the global bicomponent fiber market is segmented as sheath/core, side-by-side, islands-in-the-sea, and others. Sheath/core is projected to remain the growth engine of the global bicomponent fiber market during the forecast period of 2017 to 2022. Sheath/core structure occupies the highest share in the global bicomponent fiber market. Good interlocking mechanism and less reactive to moisture are the key factors driving the demand for sheath/core structure in the bicomponent fiber market.
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Based on the end-use industry type, the global bicomponent fiber market is segmented as hygiene, textiles, automotive, home furnish, and others. Hygiene is projected to remain the largest segment of the global bicomponent fiber market during the forecast period. Rising health and hygiene awareness among people around the world is driving the demand for incontinence products, such as feminine products, baby diapers, adult diapers, and tissue wipes. Rising living standard of people coupled up with superior softness, bulkiness, and strong bonding properties are pushing the demand for bicomponent fibers in the hygiene segment. Automotive is likely to remain the second largest segment of the bicomponent fiber market because of an increase in the penetration of bicomponent fibers in the automobiles to attain lightweight materials with strong capabilities.
Based on the regions, Asia-Pacific is expected to remain the largest and fastest-growing market for bicomponent fibers during the forecast period. The regional market is driven by a host of factors, such as growing awareness towards the hygienic environment and increasing population. Rising disposable income, improving healthcare infrastructure, and favorable government regulations regarding health and hygiene are further boosting the demand for bicomponent fibers in the region.
Growth Matrix Analysis of the Bicomponent Fiber Market
The supply chain of this market comprises raw material suppliers, bicomponent fiber manufacturers, nonwoven manufacturers, and end users. The key bicomponent fiber manufacturers are ES FiberVision, Huvis Corporation, Far Eastern New Century, Jiangnan High Polymer Fiber Co., Ltd., CHA Technologies Group, and Jiaxing Xinwei Chemical Fiber Co., Ltd. Development of durable, stronger and softer bicomponent fiber and execution of mergers & acquisitions are some of the key strategies adopted by the major players to gain a competitive edge in the market.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
Market structure: Overview, industry life cycle analysis, supply chain analysis
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, Product portfolio, Product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends
Strategic growth opportunities for the existing and new players
Key success factors
The bicomponent fiber market is segmented into the following categories.
Global Bicomponent Fiber Market by Material Type:
• PE/PP (Regional Analysis: NA, Europe, APAC, and RoW)
• PE/PET (Regional Analysis: NA, Europe, APAC, and RoW)
• Co-PET/PET (Regional Analysis: NA, Europe, APAC, and RoW)
• Others (Regional Analysis: NA, Europe, APAC, and RoW)
Global Bicomponent Fiber Market by End-Use Industry Type:
• Hygiene (Regional Analysis: NA, Europe, APAC, and RoW)
• Textiles (Regional Analysis: NA, Europe, APAC, and RoW)
• Automotive (Regional Analysis: NA, Europe, APAC, and RoW)
• Home Furnish (Regional Analysis: NA, Europe, APAC, and RoW)
• Others (Regional Analysis: NA, Europe, APAC, and RoW)
Global Bicomponent Fiber Market by Structure Type:
• Sheath/Core (Regional Analysis: NA, Europe, APAC, and RoW)
• Side-by-Side (Regional Analysis: NA, Europe, APAC, and RoW)
• Islands-in-the-Sea (Regional Analysis: NA, Europe, APAC, and RoW)
• Others (Regional Analysis: NA, Europe, APAC, and RoW)
Global Bicomponent Fiber Market by Region:
• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, the UK, Russia, France, and Rest of Europe)
• Asia-Pacific (Country Analysis: Japan, India, China, and Rest of Asia-Pacific)
• Rest of the world (Country Analysis: Latin America, The Middle East, and Others)
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Category: Advanced Material
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Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life
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