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Polypropylene Fibre Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI

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Polypropylene fibre has been recognized as one of the fastest growing synthetic fibres. There has been a significant rise in the demand for non-woven fabrics in the past few years, which, in turn, is driving the growth of the polypropylene market. The polypropylene fibre offers many benefits. For instance, it is a light weight fibre which does not absorb any moisture. It can be used to make a number of hygiene products. Moreover, the polypropylene fibre is chemically resistant to many of the acids and alkalis. As the polyethylene fibre offers lower thermal conductivity and better insulation, it is also often used as a fabric to create thermal wear. Hygiene products make a major application industry for polypropylene fibre and have a significant impact on the growth of the global polypropylene fibre industry.

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Global Polypropylene Fibre Market Dynamics

The major factor driving the growth of the global polypropylene fibre market is that the polypropylene fibre is an economical substitute for many of the conventional fibres in a number of applications like carpets, etc. As a matter of fact, in many of the application areas, the use of polypropylene fibre has reduced the cost to about half of the initial cost.

The growth in major end-use industries like disposable hygiene products and geotextiles, etc. is projected to impact the global polypropylene fibre market in a positive way.

Global Propylene Fibre Market Restraints

One of the major factors restraining the growth of the global polypropylene fibre market is the fact that unlike cotton, nylon and other fibres, the polypropylene fibre has low melting temperature which prevents it from being used in a variety of industries such as the apparels and other household textiles industry.  The use of polypropylene fibre is becoming limited to industrial applications.

Global Polypropylene Fibre Market Trends

The current global polypropylene market scenario is such that the manufacturers are focusing on research and development activities to replace the conventional nylon, polyester and acrylic fibres. As the polypropylene market is consolidated, there has been intense competition among the major players. The manufacturers are focusing on highlighting and enhancing particular properties like light weight and cost effectiveness of polypropylene fibre as a product differentiator and creating an edge over other manufacturers. The manufacturers are also focusing on making investments for the expansion of production capacity in developing markets and implementing new technological advancements to improve the quality of the polypropylene fibre.

Global Polypropylene Fibre Market Regional Outlook

Asia Pacific is anticipated to hold the major share in the global polypropylene fibre market and is projected to show its dominance throughout the forecast period. China is expected to be the major producer as well as consumer of synthetic fibres such as polypropylene fibres and will be followed by India. The North American polypropylene market is projected to grow at a significant CAGR. There has been significant penetration of manufacturers in the region over the past few years and the region has shown increasing affinity towards polypropylene as a substitute for a number of applications. Western Europe and Latin America are anticipated to expand at a moderate CAGR over the forecast period. Japan and Middle East and Africa are projected to show relatively sluggish growth over the forecast period.

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Global Polypropylene Fibre Market Participants

Some of the market participants identified across the value chain of the global polypropylene fibre market are:

International Fibres Group, Zenith Fibres Ltd., W. Barnet GmbH & Co. KG, E.I. du Pont De Nemours and Company,  Freudenberg & Co. KG, Pioneer Scientific Industry (Nanjing) Co., Ltd., Belgian Fibers, ABC Polymer Industries, LLC, LCY Group

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Global Polypropylene Fibre Market Segmentation

The global polypropylene fibre market can be segmented on the basis of end use industry, form, process and region.

On the basis of end use industry, the global polypropylene fibre market can be categorized into:

  • Geotextile
  • Hygiene products
  • Construction
  • Pharmaceutical
  • Electrical and electronics
  • Automotive

On the basis of form, the global polypropylene fibre market can be categorized into:

  • Polypropylene staple fibres
  • Continuous fibre

On the basis of process, the global polypropylene fibre market can be categorized into:

  • Spun bonded
  • Spun melt
  • Wet lay
  • Dry lay
  • Others

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

 

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About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. 

 

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