Vinylon Fiber Market Revenue to Record Stellar Growth by: Nitivy Co., Ltd., Kuraray Co., Ltd., Unitika Ltd., Anhui Wanwei Group, Fujian Fuwei Co. and more.

Introduction:

Vinylon fiber, also known as Vinalon, is a type of synthetic fiber produced using polyvinyl alcohol. It is also, at times, referred to as polyvinyl alcohol fiber and is not to be confused with Vinyon (synthetic fiber made from polyvinyl chloride). Technically, fibers in which the fiber forming substance is in excess of 50% by weight of poly vinyl alcohol and in which the overall vinyl alcohol units along with one or more acetal units are minimum 85% by weight are known as vinylon fiber or polyvinyl alcohol fiber.

Get Sample Copy of Report @ https://www.persistencemarketresearch.com/request-customization/27328

Being newly introduced in the market and invented in around 1930s, vinylon fiber is in the introductory phase and is anticipated to witness rapid growth over the course of the forecast period. Among synthetic fibers, vinylon fiber is hydrophilic, i.e. it absorbs moisture. Attributing to this characteristic of vinylon fiber, it is gaining popularity as a substitute to cotton fibers. Vinylon fiber possesses a high Young’s Modulus, low creep along with low elongation. These features, coupled with its enhanced resistance to chemical attack and UV rays, are some of the key properties of vinylon fiber driving its adoption.

Vinylon Fiber Market: Dynamics

While natural fibers, especially cotton, witness string demand from the textile industry, synthetic fibers are rapidly gaining popularity and are estimated to surpass the worldwide consumption of cotton. Attributing to the habitual consumption of cotton fiber, consumer reluctance to the shift towards synthetic fibers has been noted in several regions. Vinylon fiber offers a cotton-like feel and can, hence, potentially substitute cotton in several applications. Moreover, unlike other synthetic fibers that emit toxic gases on burning, vinylon fiber has a competitive edge of not emitting toxic fumes during combustion. Vinylon fiber is also used in cement reinforcement applications as a replacement for asbestos. Further, it is used as a raw material for alkaline battery electrode separators and has been gaining popularity in automotive and textile industries.

As vinylon fibers have been recently introduced in the market, they face the threat of competition from substitute products, mainly on the basis of cost. Other natural and synthetic fibers have a well-established market, the scope of applications for vinylon fiber remains limited. Thus, the growth of the market is expected to remain moderately paced considering these factors.

The vinyl fiber market is consolidated in nature with the presence of a limited number of manufacturers in the marketplace. Competition for the manufacturing of vinylon fibers is dense in Japan while that for consumption is significant globally.

Vinylon Fiber Market: Segmentation

The global vinylon fiber market can be segmented on the basis of manufacturing process, type, application and end use.

On the basis of manufacturing process, the global vinylon fiber market has been segmented into:
Dry spinning process
Wet spinning process

On the basis of type, the global Vinylon fiber market has been segmented into:
Vinylon filament yarn
Vinylon staple fiber

On the basis of application, the global vinylon fiber market has been segmented into:
Ropes
Geo-textiles
Agriculture
Fish nets
Filters
Paper
Fiber reinforced cement
Hydraulic brake hose
Raw material
Other non-woven textiles

On the basis of end use, the global vinylon fiber market has been segmented into:
Automotive & transportation
Agriculture
Aquaculture
Building & construction
Textile
Vinylon Fiber Market: Regional Outlook

From a regional perspective, countries in Asia Pacific, such as India, China and Korea, are expected to remain prominent regions in the vinylon fiber market. Japan accounts for a significant share of vinylon fiber production as well as consumption. Europe and North America are not expected to hold significant shares of the vinylon fiber market as the penetration of vinylon fiber in these regions is expected to remain quite low. Middle East & Africa and Latin America are anticipated to register slow to steady growth in the vinylon fiber market.

Request Customization of this Report @ https://www.persistencemarketresearch.com/samples/27328

Some of the market participants identified across the value chain of the global Vinylon fiber market include Nitivy Co., Ltd., Kuraray Co., Ltd., Unitika Ltd., Anhui Wanwei Group, Fujian Fuwei Co., Ltd. and MiniFIBERS, Inc., among others.

CONTACT:
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: press@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

ABOUT US:
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

This release was published on openPR.