Global bicomponent fiber market expected to generate around USD 2.5 billion by 2026, at a CAGR of around 5.1% between 2019 and 2026. The global bicomponent fiber market is expected to witness substantial growth over the forecast time period, owing to the increasing demand for non-woven fabrics by various end-use industries.
The report covers a forecast and an analysis of the bicomponent fiber market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast period from 2019 to 2026 based on volume (Tons) and revenue (USD Billion). The study includes drivers and restraints of the bicomponent fiber market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the bicomponent fiber on a global level.
In order to give the users of this report a comprehensive view of the bicomponent Fiber Market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and the product portfolio of various companies according to the region.
The study provides a decisive view of the bicomponent fiber market by segmenting it based on material type, structure type, end-use industry, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2026. The regional segmentation includes the historic and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Some key companies operating in the global bicomponent fiber market are ES FiberVisions, Huvis Corporation, Far Eastern New Century, Jiangnan High Polymer Fiber, CHA Technologies, and Jiaxing Xinwei Chemical.
This report segments the global bicomponent fiber market into:
Global Bicomponent Fiber Market: Material Type Analysis
Global Bicomponent Fiber Market: Structure Type Analysis
Global Bicomponent Fiber Market: End-Use Industry Analysis
Global Bicomponent Fiber Market: Regional Analysis
The global bicomponent fiber market is expected to witness substantial growth over the forecast time period, owing to the increasing demand for non-woven fabrics by various end-use industries, growing demand for lightweight materials with strong capabilities in automotive textiles, and rising demand for non-woven materials containing micro-sized fibers. Bicomponent fibers are filaments made from two different polymers that are extruded from the same spinneret, with both polymers within the same filament but separated by a fine plane. Both these polymers differ in chemical nature and physical properties, such as molecular weight. Bicomponent fibers are mostly used in geotextiles, medical textiles, package textiles, automotive textiles, protective textiles, industrial textiles, etc. Bicomponent fibers offer thermal bonding, extremely fine fibers, self-bulking, highly unique cross-sectioned patterns, and are available at economical costs. Some diverse bicomponent thermal binder fibers advantages are a uniform distribution of adhesive, customization of sheath materials, and recyclability.
The global bicomponent fiber market is fragmented based on material type, structure type, and end-use industry. Based on material type, the bicomponent fiber market includes Co-PET/PET, PE/PET, PE/PP, and others. The Co-PET/PET segment is likely to show the highest growth rate, owing to its good physical and chemical properties and low cost. Co-PET/PET is widely used in non-woven fabric production, which is further expected to propel this segment’s growth.
Heath/core, islands-in-the-sea, side-by-side, and others form the structure type segment of the bicomponent fiber market. The sheath/core segment is expected to register the highest growth rate, owing to its superior properties like less reaction to moisture and high interlocking mechanism. Sheath/core structures have high-melting core temperature polymer and low-melting sheath temperature polymer. Core and sheath are processed like bonding fibers, which makes them extremely useful for diverse applications.
Based on end-use industry, the bicomponent fiber market comprises hygiene, home furnish, textiles, automotive, and others. The hygiene segment is projected to show the highest growth rate, owing to the increasing hygiene and health awareness that is fuelling the demand for different types of hygiene products.
The Asia Pacific region is expected to hold a major share of the global bicomponent fiber market in the future, due to the presence of developing economies of India and China, rapid industrialization, and increasing disposable income of the regional population.
Some key companies operating in the global bicomponent fiber market are ES FiberVisions, Far Eastern New Century, Huvis Corporation, Jiangnan High Polymer Fiber, Jiaxing Xinwei Chemical, and CHA Technologies.
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