Robust application in the automotive sector to foster Polypropylene Fiber Market size by 2025
To shed weight and increase vehicular performance, automakers are diligently seeking to utilize lightweight automotive materials. While to satiate this demand, PP fiber manufactures are developing new products and solutions. Highlighting an instance, in 2020, Borealis, a leading provider of polyolefin plastic materials for the automobile sector, announced the availability of its innovative carbon and glass fiber-reinforced polypropylene (PP) technology, Fibremod, to enable automotive companies in North America meet weight-saving as well as cost-saving targets. Driven by such developments, Global Market Insights, Inc., evaluates that the polypropylene fiber market may exceed over USD 13 billion by 2025.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2242
Reports indicate that the polypropylene staple fiber industry could record a CAGR of more than 3.5% over the forecast period owing to its robust usage in the construction sector as a concrete fiber. Staple forms are short in length and have a lower denier rate than the continuous forms. They are used as a concrete fiber for building restorations, pools, driveways, floor slabs and precast units. The expanding construction sector is likely to fuel the adoption of staple form in the future.
To spread awareness and drive in potential clients, several polypropylene fiber manufacturers are utilizing digital platforms and solutions. For example, in 2019, BASF’s Master Builders Solutions launched its new MasterFiber website presenting the benefits of its innovative and sustainable MasterFiber product, in order to provide information to customers.
In terms of application, the polypropylene fiber market is divided into hygiene products, industrial fabrics, concrete, geotextiles, upholstery fabrics and other applications. Out of these, the industrial fabrics segment is expected to register over USD 4 billion by 2025. The material is extensive used in the automotive industry for making seat backs, seat covers, belts and automotive flooring. Industrial fabrics have excellent mechanical properties such as high tensile strength and high tear strength.
Polypropylene fibers also find noteworthy application across the medical, household, filtration and others sectors like sports and agriculture. The household segment is projected to garner over 2.5% CAGR until 2025. This growth could be underpinned by the material’s extensive usage in furniture, tablecloth and carpets.
Request for customization @ https://www.gminsights.com/roc/2242
Currently, companies like Sika AG, Lotte Chemical Corporation, ABC Polymer Industries, International Fibres Group, Zenith Fibres Ltd., The Euclid Chemical Company, BASF SE, FiberVisions Corporation, and Sinopec are at the forefront of the PP fiber landscape. These companies are focusing on various business strategies such as geographical expansions, new product development and mergers and acquisitions to enhance their business reach.
Shedding light on an instance, in 2016, Sika AG acquired FRC Industries, a U.S.-based fiber manufacturer which offers high quality synthetic polypropylene and steel fibers for concrete, in order to expand its product portfolio and reach new customers.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Robust application in the automotive sector to foster Polypropylene Fiber Market size by 2025 here
News-ID: 2283425 • Views: 280
More Releases from global market insights
Acoustic Diaphragm Market slated to observe traction for polypropylene material …
With a seismic rise in the demand for consumer products such a loudspeakers, mobile phones and earphones, acoustic diaphragm market size is slated to surge in the next five years. Notably, acoustic diaphragm tends to inter-convert mechanical vibration to sounds and has become highly popular in headphones and speakers. Market penetration of materials such as paper, polycarbonate, polypropylene, carbon fiber and aluminum has become more pronounced in the past several
How will increasing demand for stainless steel transform the Ferroalloys Market …
One of the recent breakthroughs in the global ferroalloys market is the potential acquisition of Ferro Alloys Corporation by Vedanta- a natural resource company early this year. As per reliable sources, the acquisition is expected to complement Vedanta’s current steel business considering the fact that integration of Ferro manufacturing capabilities would offer the possibility to generate significant efficiencies. Meanwhile, yet other company, Boston Metal has declared having raised over USD 20
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
The polyphenylsulfone market will witness significant expansion with the rise in healthcare concerns and the growing requirement for biocompatible products. Polyphenylsulfone is a high-performance thermoplastic that is amorphous, heat-resistant, and transparent. It showcases high sterilization properties and is widely employed as an alternative for polyetheretheketone and polyaryletherketone. Furthermore, the polymer sees large adoption across various verticals of the healthcare sector to offer superior dimensional stability and higher resistance against
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future …
Increasing trend of using colored contact lenses may have a positive impact on cosmetic contact lens market outlook. Rising popularity of customized lenses with attractive colors, shades and textures for improving eye appearance is likely to propel industry size. Proliferation of entertainment, online and social media platforms are helping boost the adoption of such lenses. Cosmetic contact lenses are available in several colors such as blue, green, brown, hazel, grey, violet
More Releases for Fiber
Global Hollow Fiber Filtration Market
Global Hollow Fiber Filtration Market was valued US$ 242.0 Mn in 2017 and is estimated to reach US$ 710.4 Mn by 2026, at a CAGR of 14.41% during a forecast period. For More Information Visit https://www.maximizemarketresearch.com/market-report/global-hollow-fiber-filtration-market/16948/ Hollow Fiber Filtration Market is segmented into Technique, Material, Application, by End-user and Region. In terms of Technique is classified into Microfiltration and Ultrafiltration. In terms of Material, the Hollow Fiber Filtration Market is categorized into
Advancements in Blended Fiber Market
Blended fiber is manufactured by blending or mixing two or more different kinds of fiber to create a new fiber having unique properties. Blended fabrics are manufactured to cater to particular applications that require specific properties. Various kinds of blended fiber can be prepared with different properties for varied applications. Read report overview at: https://www.transparencymarketresearch.com/blended-fiber-market.html Based on raw materials used for making blended fiber, the blended fiber market can be categorized
Graphite Fiber Felt Market Outlook 2023 Ceramaterials, Fiber Materials
A market study ” Global Graphite Fiber Felt Market ” examines the performance of the Graphite Fiber Felt market Size 2017. It encloses an in-depth Research of the Graphite Fiber Felt market state and the competitive landscape globally. This report analyzes the potential of Graphite Fiber Felt market in the present and the future prospects from various angles in detail. Get Free Sample Of Report: https://goo.gl/x9GJpP The Global Graphite Fiber Felt Market
Global Concrete Fiber Market 2017: Anteng Gangxianwei, Taian Tongban Fiber, Junw …
Global Concrete Fiber research report provides the complete and precise view of the market during the forecast period from 2017-2022. The Concrete Fiber market Report enlists the different factors which can help the readers in transforming their knowledge into vital business decisions. To start with the Concrete Fiber report analyses the market development based on market gains, extensive product applications, dominant market regions and the companies within these regions. At an
Natural Fiber Composites Market
With the increasing concern due to the recyclability and biodegradability composites such as glass and carbon, natural fiber composites serves as perfect replacement. Attributing to added properties such as high durability, low density, lightweight and cost effectiveness, natural fiber composites have gained significant traction. Natural fiber composites are reinforced matrices structure formed using natural fibers. Natural fiber such as coir, jute, bagasse, cotton, bamboo, hemp are used to manufacture high
Global Knitting Carbon Fiber Cloth Market 2017 : SGL, Zhongfushenying Carbon Fib …
Knitting Carbon Fiber Cloth A market study based on the " Knitting Carbon Fiber Cloth Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Knitting Carbon Fiber Cloth Market 2017’. The research report analyses the historical as well as present performance of the worldwide Knitting Carbon Fiber Cloth industry, and makes predictions on the future status of Knitting Carbon Fiber Cloth market on the