Global Low Melting Fiber market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2021, from US$ 1860.9 million in 2020. Over the next five years the Low Melting Fiber market will register a 6.5% CAGR in terms of revenue, the global market size will reach US$ 2397.2 million by 2026. Low Melting Fiber refers to a bi-component fiber used as a thermal bonding fiber and its structure is typically a sheath/core type. It is composed of a sheath polymer and a core polymer. The melting point of the sheath polymer is lower than that of the core polymer.
The global Low Melting Fiber industry has a rather high concentration. The major manufacturers are concentrated in Korea, and China, such as Huvis, Toray Chemical Korea, Far Eastern New Century, Nan Ya Plastics and XiangLu Chemical Fibers. At present, Huvis is the world leader, holding 30.40% production market share in 2017.
Low Melting Fiber downstream is wide and recently Low Melting Fiber has acquired increasing significance in various fields of Automotive, Bedding Industry, Construction and Others. Globally, the Low Melting Fiber market is mainly driven by growing demand for Automotive. Automotive accounts for nearly 52.98% of total downstream consumption of Low Melting Fiber in global.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, Low Melting Fiber consumption will show a trend of steady growth. In 2026 the consumption of Low Melting Fiber is estimated to be 1468.3 K MT. On product prices, the slow downward trend in recent years will maintain in the future.
The report also assesses the key opportunities in the Low Melting Fiber market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Low Melting Fiber Market has also been forecasted for the period 2021-2026, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Top Key players in the Low Melting Fiber Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Low Melting Fiber Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Huvis, Toray Chemical Korea, Far Eastern New Century, Nan Ya Plastics, XiangLu Chemical Fibers, Yangzhou Tianfulong, Ningbo Dafa, Taekwang, IFG Exelto NV, Hickory Springs, Dividan, Sinopec Yizheng Chemical Fibre, CNV Corporation, Shyam Fibers and others.
Global Low Melting Fiber Market research provides a detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
Low Melting Fiber Market is segmented based on the type, applications, companies and regions.
By Type, Low Melting Fiber Market has been segmented into
Melting Point ?130 ?
Melting Point >130 ?
The end user’s industry application on Low Melting Fiber Market is,
The report offers in-depth assessment of the growth and other aspects of the Low Melting Fiber Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
Low Melting Fiber Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Low Melting Fiber Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2021-2026. The report presents the analysis of Low Melting Fiber Market for the historical period of 2017-2021 and the forecast period of 2021-2026.
The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.
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Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.