Title: Polypropylene Fibers Market to accrue commendable proceeds over 2019-2025
1 Polypropylene Fibers Market Growth Outlook with
Industry Review and Forecast 2019-2025
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2Global Market Scenario of Polypropylene Fibers
Industry
- Polypropylene Fibers Market size will likely
surpass USD 13 billion by 2025 according to a
new research report by Global Market Insights,
Inc. - Growing developments in the automotive industry
in Asia Pacific and Latin America would drive the
global polypropylene fibers market. Global
automotive production reached more than 95
million units out of which almost 30 was
produced in China. Other countries such as Japan,
South Korea and India also exhibited high
automotive production and sales. - This would likely propel the market demand as it
is widely used in automotive interiors like trunk
carpets, heat insulation pads, seats, etc. It is
the lightest among all synthetic substitutes with
a density of around 0.9 g/cm3Â and has a larger
covering area. Hence, its the ideal fit for this
end-user segment. These qualities will propel the
market demand in developing countries. - Product usage is increasing in construction
industry owing to its various characteristics. It
helps in improving the crack resistance,
anti-permeability, frost-resistance, antiknock,
anti-abrasion performance and workability of
mortar and concrete. The uniform distribution of
these fibers in concrete helps to prevent the
steel formwork from corroding and as a result
helps in extending the life of buildings and
structures.
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3Continue-
- Continuous form occupied a lower share in the
polypropylene fibers market owing to its limited
applications. This form finds usage in upholstery
and other woven applications like woven bags,
twines, nets, etc. Rising population in
developing region and improving disposable income
would result in increased sale of furniture,
which would likely increase the demand for
continuous form PP fibers during the study
period. - Hygiene products application segment will account
for a share of around 15 in 2025 owing to the
unique features of the product like hydrophobic
nature, soft textured and lightweight. Hence, it
is increasingly used in production of
incontinence pads, nappies, tampons, sanitary
towels, etc. Increasing health conscious
consumers along with government initiatives to
educate people regarding personal hygiene would
propel the polypropylene fibers market in the
study period.
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5360 Industry Analysis
- Filtration end-user segment is likely to rise at
a compound annual growth rate of around 3.5 over
the study period. Filtration fabrics are made
from this product owing to its superior
resistance to chemicals. It is used in pleated
filters, respirator cover stocks, vacuum cleaner
prefilters, cartridge filters, liquid filters,
air filters etc. - North America polypropylene fibers market demand
has reached stagnation due to market maturity,
leading to limited production expansion in the
region. The growth of this region will be around
2 over the study period. Infrastructural
projects and automotive production will be the
major growth enablers for this region. North
American manufacturers are investing in exploring
developing economies where demand from end-user
markets is higher. -
- Â
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6Industry Background
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7- Competitive Analysis
- Some of the product manufacturers in the
polypropylene fibers market share are ABC Polymer
Industries LLC, Sika AG, Lotte Chemical
Corporation, Sinopec, The Euclid Chemical
Company, BASF SE, etc.
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8Latest Research Report On Polypropylene Fiber
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