Polypropylene fiber refers to a type of linear polymeric synthetic fiber obtained by polymerizing propylene. Due to its soft texture and high tensile and tear strength which are required for long term use, it is commonly used in the production of fabrics for automobile interiors. It also has excellent hydrophobicity, making it a stain resistant and lightweight material, offering innovative solutions for the manufacture of light vehicles. These factors are expected to fuel demand for products in the coming years. In addition, increasing disposable income, population growth, favorable government initiatives, profitable workforce and improving living standards are also expected to support the market growth throughout the forecast period.
Request sample report: https://www.gminsights.com/request-sample/detail/2242
Polypropylene fibers are widely used in upholstery fabrics because they offer multiple advantages. The increasing demand for flexibility, high tensile strength, lightweight materials, and wear and tear resistance for home and upholstery textiles has increased the adoption of products in the application of household fabrics. furnishings. Driven by increased product adoption, the upholstery application segment is expected to gain more than 25% market share by the end of 2027.
In terms of shape, the polypropylene fiber market of the staple fiber segment has been valued at $ 2,135 million in 2020 and is expected to grow at a CAGR of 3.3% through 2027. Staple polypropylene fibers are mainly used in the production of nonwoven fabrics, which are widely used in various industries, namely filtration, construction and medical. The increasing demand for these fibers is expected to drive segmental growth throughout the analysis timeline.
Main reasons for Polypropylene Fiber Market Growth:
- Growing use of products in hygiene products.
- The growing importance of products in the wastewater treatment industry.
- Increased use in the production of fabrics for automotive interiors.
- High product adoption in concrete mix for superior crack resistance.
The 2027 forecasts show that the “construction” segment retains its dominance:
From an end-user perspective, the polypropylene fiber industry share of the construction segment is expected to grow at a CAGR of 2.5% during the analysis period. Improved structural performance and life, coupled with a significant reduction in construction expenses, is expected to fuel product adoption in the construction industry in the following years.
North America maintain a leading status in terms of income:
Depending on the region, the North America The polypropylene fiber market is expected to account for over 20% of the industry’s overall revenue by 2027. The growing need for several medical products, including hospital bedding, surgical gowns, masks, hygiene products, dressing fabrics and protective clothing, is likely to contribute to the growth of the regional market in the future. In addition, the high auto production in the region is believed to further favor the prospects for the products throughout the assessment period.
Request to customize this report: https://www.gminsights.com/roc/2242
Impact of the COVID-19 pandemic on polypropylene fiber market:
The COVID-19 outbreak has disrupted the global supply chain, shutting down virtually all industries. Subsequently, the shortage of raw materials and labor as well as the strict restrictions imposed across the world have hampered the growth of the polypropylene fiber market in key regions. However, with widespread vaccination efforts and increased government focus on accelerated economic recovery, various industries are resuming operations, thus steadily stimulating demand for products in various applications.
Meanwhile, the outbreak of COVID-19 has also caused a sharp increase in the need for effective measures to prevent the spread of the new coronavirus. Notably, the growing importance of polypropylene fiber in face masks positively influenced the growth of the market during the pandemic.
Some large companies operating in the global polypropylene fiber industry are American Synthetic Fiber, LLC., International Fibers Group, BASF SE, ABC Polymer Industries, LLC, Zenith Fibers Ltd., Lotte Chemical Corporation, LCY Chemical Corp., The Euclid Chemical Company, Sika AG, and FiberVisions Corporation, among others.
About Global Market Insights Inc.
Global Market Insights Inc., headquartered at Delaware, United States, is a global provider of market research and consulting services. Offering syndicated and personalized research reports, growth consulting and business intelligence services, Global Market Insights Inc. aims to help clients with insightful insights and actionable market data that aid strategic decision making.
Carboxymethylcellulose Market 2027 Future Business Strategies and Revenue Impact Analysis
North America Architectural Flat Glass Market Statistics – 2027
Recycled Glass Market Statistics and Revenue Impact Analysis – 2027
Sales to businesses, United States
Global Market Overview Inc.
Phone: + 1-302-846-7766
Toll free: 1-888-689-0688
E-mail: [email protected]
SOURCE Global Market Insights Inc.