Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Low Melting Fiber Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 6.5% during the review period (2022 to 2027).
Low Melting Fiber Market Overview
Low melting fiber having larger properties and more effective then its substitute such as cotton, wool, nylon and others are making low melting fiber more desirable to manufacturing industry will driving the industry growth. Increase in demand for recycled staple fibers, owing to alertness regarding environmental protection leads to boom the global market demand. Furthermore, the aspect drives the market growth due to accessibility of wide range of stylish designs, bright colors, and attractive prints also enhance the product. Whereas instability in prices of petroleum leads to variation in raw materials prices due to manufacturing of product by petroleum and its application is in extensive range such as fabrics, textiles, rugs, and carpets etc. The Low melting fiber market growth in forecasted period is mostly due to two areas clothing and furnishing. 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. Worldwide, the low melting fiber market is mainly driven by growing demand for automotive industry.
Who are the Major Players in Low Melting Fiber Market?
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 Corporation (KSE:079980.KS), Toray Chemical Korea, Far Eastern New Century Corporation (Taiwan :1402.TW), Nan Ya Plastics Corporation (Taiwan :1303.TW), XiangLu Chemical Fibers, Yangzhou Tianfulong, Ningbo Dafa, Taekwang, IFG Exelto NV, Hickory Springs, Dividan, Sinopec Yizheng Chemical Fibre, CNV Corporation, Shyam Fibers and others.
Industry News
2018-06-26: Huvis announced that the U.S. had decided to impose 0% anti-dumping duties on Huvis' low melting fiber products exported to America. On the 22nd (local time), the U.S. Department of Commerce announced its final determination that it would impose anti-dumping duties of 0%, 16.27% and 49.93% on Huvis, Toray Chemical and Taiwanese exporters, respectively.
What are the major Applications, Types and Regions for Low Melting Fiber Market?
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,
- Automotive
- Bedding Industry
- Construction
- Others
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.
Regional Analysis
China is the fastest advancing segment for low melting fiber across the globe. China accounted for considerable share for the global low melting fiber production in 2020. Also, in 2016, it was the significant importer of low melting fiber due to growing textile, carpet sector, and intensifying construction activities. China produced over 20 million tons of low melting fiber in 2010. China is the 2nd largest user of petroleum and derivative of petroleum distillation that is the feeder material for low melting fiber is likewise accessible in huge quantities.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Low Melting Fiber Market report scope?
Report Attributes
|
Report Details
|
Forecast Period 2022 to 2027 CAGR
|
CAGR of 6.5% during the review period (2022 to 2027).
|
By Type
|
- Melting Point ≤130
- Melting Point >130
|
By Application
|
- Automotive
- Bedding Industry
- Construction
- Others
|
By Companies
|
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.
|
Regions Covered
|
- North America
- Europe
- Asia-Pacific
- Rest of the World
|
Countries Covered
|
- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
|
Base Year
|
2022
|
Historical Year
|
2017 to 2021
|
Forecast Year
|
2022 to 2027
|
Customization Available
|
Yes, the report can be customized as per your needs
|
Key Takeaways from this Low Melting Fiber Report
- Evaluate Low Melting Fiber market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Low Melting Fiber market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Frequently Asked Questions
What is the study period of this market?
The Relay Market is studied from 2017 - 2027.
What is the growth rate of Low Melting Fiber Market?
The Relay Market is growing at a CAGR of 6.5% over the next 5 years.
Who are the key players in Low Melting Fiber Market?
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.
What region does this Low Melting Fiber Market report covers?
North America (the United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Low Melting Fiber Market?
Melting Point ≤130, Melting Point >130
What are the major end-use applications of Low Melting Fiber Market?
Automotive, Bedding Industry, Construction, Others
SECONDARY RESEARCH
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.
PRIMARY RESEARCH
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.
MARKET ENGINEERING
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.
EXPERT VALIDATION
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.
