Industry And Cluster | News & Insights

Market Research and Forecast 2025 of Polypropylene Fiber

Published: July 1, 2020
Author: Neha

New research report on Polypropylene Fiber market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Polypropylene Fiber market also includes an in-depth study of the industry’s competitive scenario.

Global polypropylene fiber market is chiefly driven by the growing hygiene products demand in APAC. The region accounted for the largest share in the global baby diapers market in 2018. The key reasons behind the growth of the diapers demand in Asia Pacific are growing population, increasing awareness related to hygiene and changing lifestyle in major countries. Textile and personal care manufacturers use this product to produce surgical fibers, diapers, tissues, hygiene products, etc. Rising demand for personal hygiene products and increasing number of diaper sale across Asia Pacific region will increase the polypropylene fiber demand in upcoming years.

Polypropylene fiber Market will likely surpass USD 13 billion by 2025; according to a new research report.

On the basis of application, the market has been categorized into concrete, hygiene products, upholstery fabrics, industrial fabrics, geotextiles and other applications. Industrial fabrics segment accounted for a significant share in the polypropylene fiber market and will reach a market exceeding USD 4 billion by 2025. Manufacturers are extensively using the product for a range of applications such as seat cover, automotive flooring, belts, seat backs, etc. for its mechanical properties such as high tear strength, high tensile strength, etc.

On the basis of end-user, the polypropylene fiber market has been categorized into automotive, filtration, medical, household, construction and others. Other end-user consists of agriculture, sports, etc. Household end-user will grow by more than 2.5% CAGR from 2019 to 2025 due to wide range of product usage in tablecloth, carpets, furniture, etc.

Asia Pacific dominates polypropylene fiber market, which held more than 30% of the market share in the 2018. Growing usage of hygiene products as well as rising automotive production in major countries of Asia Pacific will increase the polypropylene fiber demand in the upcoming years. Europe will also be an important market owing to growing usage of non-woven textiles in western European countries.

ABC Polymer Industries, Lotte Chemical Corporation, The Euclid Chemical Company, Sika AG, Sinopec, BASF SE, Zenith Fibres Ltd., International Fibres Group, FiberVisions Corporation, etc. are key polypropylene fiber market participants.

Related Posts

Canada passed new bill to renew its preferential tariff scheme for 2024-2034 & introduced GPT+ for the first time.