Stratview Research announces the launch of a new research report on Global Bicomponent Fiber Market by Material Type (PE/PP, PE/PET, Co-PET/PET, and Others), by Structure Type (Sheath/Core, Side-by-Side, Islands-in-the-Sea, and Others), by End-Use Industry (Hygiene, Textiles, Automotive, Home Furnish, and others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022.
This 275-pages report, from Stratview Research, studies the bicomponent fiber market in the global advanced materials industry over the period 2011 to 2022. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Bicomponent Fiber Market in the Global Advanced Materials Industry: Highlights from the Report
As per Stratview Research, the global bicomponent fiber market is projected to offer healthy growth and reach an estimated US$ 2,052 million in 2022, which offers an opportunity to the advanced materials industry players to align themselves with the market growth.
The author of the market report concluded that rising living standard of consumers, growing nonwoven market, increasing demand for baby and adult diapers, increasing automobile production, increasing awareness towards hygiene products, increasing demand for softer and bulkier products, and higher performance of bicomponent fiber over single polymer fibers are the major growth drivers of the bicomponent fiber market.
As per the study, Co-PET/PET is expected to remain the most dominant material type in the global bicomponent fiber market during the forecast period, owing to its low cost coupled with good chemical resistance and physical properties. The material type is also likely to witness the highest growth during the same period, driven by increasing penetration in emerging markets, such as China.
Based on structure type, sheath/core is projected to remain the growth engine of the global bicomponent fiber market during the forecast period of 2017 to 2022. It also occupies the highest share in the market. Good interlocking mechanism and less reactive to moisture are the key factors driving the demand for sheath/core structure in the bicomponent fiber market.
In terms of end-use industry type, hygiene is projected to remain the largest segment of the global bicomponent fiber market during the forecast period. Rising health and hygiene awareness among people around the world is driving the demand for incontinence products, such as feminine products, baby diapers, adult diapers, and tissue wipes. Automotive is likely to remain the second largest segment of the bicomponent fiber market because of an increase in the penetration of bicomponent fibers in the automobiles to attain lightweight materials with strong capabilities.
In terms of region, Asia-Pacific is expected to remain the largest and fastest-growing market for bicomponent fibers during the forecast period. The regional market is driven by a host of factors, such as growing awareness towards the hygienic environment and increasing population.
Key bicomponent fiber manufacturers are ES FiberVision, Huvis Corporation, Far Eastern New Century, Jiangnan High Polymer Fiber Co., Ltd., CHA Technologies Group, and Jiaxing Xinwei Chemical Fiber Co., Ltd. Development of durable, stronger and softer bicomponent fiber and execution of mergers & acquisitions are some of the key strategies adopted by the major players to gain a competitive edge in the market.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
This report studies the global bicomponent fiber market and has segmented the market in four ways, keeping in mind the interest of all the stakeholders across the value chain. The following are the four ways in which the market is segmented:
Global Bicomponent Fiber Market by Material Type:
Global Bicomponent Fiber Market by End-Use Industry Type:
Global Bicomponent Fiber Market by Structure Type:
Global Bicomponent Fiber Market by Region:
Stratview Research has several high value market reports in the composites and advanced materials industry. Please refer to the following link to browse through our reports:
Click Here for Other Reports from Stratview Research in the Advanced Materials Industry
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Global Composite Preforms Market by Application Segment, by Fiber Type, by Product Type, by Structure Type, and by Region, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021
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