Polypropylene fiber Market will likely surpass USD 13 billion by 2025; according to a new research report.
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.
Another key growth enabling factor is developing automotive industry in emerging economies across the world. Automotive manufacturers utilize this product to produce interior parts including seats, trunk carpets, insulation pads, etc. Polypropylene fiber possesses properties like large covering area and is a lightweight material, due to which it is preferred over substitute materials used in the automotive industry. Growing number of vehicle production in China, South Korea, Japan, etc. will propel the product demand in upcoming years.
The polypropylene fiber market has been segmented according to form, application and end-user. On the basis of form, polypropylene fiber market is classified into continuous form and staple form. Staple form are widely used in construction industry as a concrete fiber for different applications such as building restoration, driveways, precast units, pools, floor slabs, etc. The segment will register a CAGR above 3.5% from 2019 to 2025. Staple form has lower denier rate than the continuous forms and are short in length. Rising construction industry across the world will increase the usage of staple form in upcoming years.
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.
Polypropylene fiber market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in tons and revenue in USD thousand from 2014 to 2025, for the following segments:
Polypropylene fiber Market Application Form by Application
Polypropylene fiber Market by Application
Polypropylene fiber Market by End-user
The above information is provided on a regional and country basis for the following:
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