Regional Outlook and Trend Analysis
Geographically, Asia Pacific is anticipated to have the biggest share in the upcoming years. Expanding buyer inclinations on personal hygiene products, rising extra cash of individuals in developing economies like India and China are a portion of the components which are expected to drive the Asia Pacific market in the coming years. North America is evaluated to develop over coming years, attributable to ascend in application in end-use industry. The requirement for hygiene and health products are rising in this area additionally developing application in medical devices will drive market development over coming years. The district is significantly overwhelmed by U.S. which holds potential share of the market in regard of polypropylene usage volume. Latin America and MEA are relied upon to develop at a significant CAGR.
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Competitive Analysis
The market is extensively competitive with the presence of leading players such as Belgian Fibers, Freudenberg Group, Fiberpartner ApS, Zenith Fibres Ltd, Syntech Fibres (Pvt) Ltd, ABC Polymer Industries LLC, Eastman Chemical Company, Chapelthorpe plc, Tri Ocean Textile Co. Ltd. Suominen Corporation and Avgol Industries. The leading organizations in the market are profiled in detail in view of attributes, for example, business strategies, company portfolio, financial overview, recent developments, and share of the overall industry.
Market Outlook and Trend Analysis
The Polypropylene Fiber Market was worth USD 56.73 billion in the year of 2014 and is expected to reach approximately USD 90.46 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.32% during the forecast period. Polypropylene fiber is a fiber that is lightweight, which limits the ingestion of moisture. It is impervious to chemicals like acids and alkalis. It provides better insulation because of thermal conductivity, and on account of these properties these are additionally utilized for the production of thermal wear. It has extensive variety of usage in agriculture, geotextile, automotive, health care, industrial and home furnishing division. For example, in healthcare division it is used for the production of medical products, baby diapers and sanitary coverstock. Thus, for agriculture sectors it is used for sacks and woven packs. In addition, it is likewise used in the production of UV absorber, concrete and PP staple fiber.
By Region-
Middle East And Africa (Saudi Arabia, UAE, Egypt, Nigeria And South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest Of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest Of Asia-Pacific)
Rest Of The World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)
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Market Segmentation-
By Process:
Spun melt
Wet lay
Spun bonded
Dry lay
Other Process
By Form:
Continuous fiber
Polypropylene staple fibers
By End User:
Construction
Pharmaceutical
Electrical and electronics
Automotive
Geotextile
Hygiene products
Key factors that are hampering the development of polypropylene fiber market is because of their lower liquefying temperature when contrasted with cotton, nylon, and different fabrics. This factor is limiting these products from being utilized as a part of uses like clothes and family unit materials. The market is foreseen to limit because of difficulties like polypropylene filaments are supplanted with normal strands inferable from its better qualities and ecological inviting properties. In addition, the interest for natural fiber products is likewise expanding, in this manner demonstrating a negative effect on the interest for these products in the anticipated period.
Major Table of Contents:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
Chapter 2. Executive Summary
2.1. Key Highlights
Chapter 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA
5. Polypropylene Fiber Market, By Process
6. Polypropylene Fiber Market, By Form
6.1. Introduction
7. Polypropylene Fiber Market, By End User
…….CONTINUED FOR TOC
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