Chemical

According to a new market report published by Lucintel, the future of the polypropylene fiber market looks promising with opportunities in the hygiene and mask, filtration, medical/surgical, consumer goods, and industrial end uses. The global polypropylene fiber market is expected to reach an estimated $23.9 billion by 2027 with a CAGR of 5.9% from 2021 to 2027. 

The major growth drivers for this market are the growth in the end uses due to its various properties like lightweight, chemical resistance, resistance to abrasion, and thermally bondable etc.

In this market, staple fiber and continuous yarn are the major application type of polypropylene fiber. Lucintel forecasts that continuous yarn will remain the largest segment and it is expected to witness the highest growth over the forecast period mainly driven by its various properties like excellent uniformity and strength.

Within the global polypropylene fiber market, hygiene and mask will remain the largest end use by value and volume over the forecast period due to its better insulating and lower thermal conductivity properties, and increase use of its in making various hygiene products as a precautionary measure of corona virus. Consumer goods is expected to witness the highest growth over the forecast period.

Asia Pacific (APAC) will remain the largest market and it is also expected to witness the highest growth over the forecast period due to growing industrial activities in the countries like China and India.

Emerging trends, which have a direct impact on the dynamics of the polypropylene fiber industry, includes growing use of polypropylene nano composite fiber and development of bio-based polypropylene fiber. Belgian Fiber, International Fibers Group, SABIC, Borealis, Sinopec, Sika companies, and Indorama Venture are among the major suppliers of polypropylene fibers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global polypropylene fiber market by polymer type, application, process, end use, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Polypropylene fiber Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global polypropylene fiber market by polymer type, application, process, end use, and region as follows:
























This 201-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/polypropylene-fiber-market.aspx or write us at helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high growth opportunities for the global polypropylene fiber market by polymer type (metallocene and others), application (staple fiber and continuous yarn), process (melt blown, spun-bond, filament extrusion, others), end use (hygiene and mask, filtration, medical/surgical, consumer goods, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 Which regions will grow at a faster pace and why?

Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?

Q.5 What are the business risks and threats to the market?

Q.6 What are the emerging trends in this market and the reasons behind them?

Q.7 What are the changing demands of customers in the market?

Q.8 What are the new developments in the market? Which companies are leading these developments?

Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?

Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?

Q.11 What M & A activities have taken place in the last 5 years in this market?