Bicomponent Fiber Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
Global Bicomponent Fiber Market: Overview
The global biocomponent fiber market has grown steadily over the years, due to the convenience it provides in maintaining personal hygiene. Biocomponent fiber is described as extruding two polymers from the identical spinneret, with both the polymers contained in the same filament.
Previously, a complex and expensive spin packs were involved in the development of biocomponent fiber. The techniques used back then were technically unsatisfactory. Later in 80s, biocomponent fiber was produced with the help of thin flat plates with grooves and holes to channelize the polymers. Such process is considered effective in terms of flexibility and cost-efficiency. However, with the rapid introduction of biocomponent fibers, a drastic growth is noticeable, especially in the textile industry. Such factor is majorly driving the global biocomponent fiber market.
From the perspective of structures, the global biocomponent fiber market is segmented into side-by-side, sheath/core, and islands-in-the-sea. Among them, the sheath/core segment is expected to register the highest share in the market on account of the evenly distribution of low-melting temperature polymer at the point of sheath and high-temperature polymer at the core. However, the global biocomponent fiber market has witnessed a steady growth due to the increased demand for personal hygiene worldwide.
Global Bicomponent Fiber Market: Notable Developments
A few recent developments contouring the shape of the global biocomponent fiber market in a big way include:
Key players operating in the global biocomponent fiber market include DowDupont, JNC Corp., Indorama Ventures Public Co. Ltd., and TORAY INDUSTRIES Inc.
Global Bicomponent Fiber Market: Key Growth Drivers
Some of the prominent key drivers that accelerating the growth of the global biocomponent fiber market in a positive way include:
Rising Awareness about Maintaining Personal Hygiene Fosters Market’s Growth
The rapid use of manmade fibers in the form of biocomponent fiber has significantly raised in variable applications. Growing demand for several effective personal hygiene products among consumers has been a crucial factor throughput responsible for the consistent growth of the global biocomponent fiber market. Rising demand for certain personal hygiene products such as pads, incontinence briefs, and baby diapers is further fueling growth in the global biocomponent fiber market.
Biocomponent fibers are extensively used in several personal hygiene products, owing to its excellent properties such as outstanding insulation, permeability, antibiotic protection, water transmission, and anti-odor characteristics. Besides this, numerous microeconomic factors such as rising household income and burgeoning aging population worldwide are also contributing demand in the global biocomponent fiber market.
Growing Need for Automation in Textile Machinery Fillips Market
The rapid deployment of automated textile machinery in the textile industry helps in enabling lean manufacturing processes through escalating the flow rate of fabrics. Consequently, it aids in expediting and improving the quality as well as cost-competitiveness of the development process related to the textile industry. Such factors are also providing impetus to the growth of the global biocomponent fiber market.
Global Bicomponent Fiber Market: Regional Outlook
On the regional front, APAC is expected to dominate over other regions as the region has witnessed the rapid establishment of textile industry. Along with this, the widespread adoption of a wide range of feminine care products as well as baby diapers in countries such as India, China, Japan is the major reason fueling growth of the biocomponent fiber market in this region.
The study presents reliable qualitative and quantitative insights into:
The regional analysis covers:
The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.
Highlights of the report:
Note: Immense care has been taken to present data with the highest levels of accuracy in all TMRResearch reports. Nevertheless, recent developments related to market/vendor landscape may take time to reflect in the analysis.
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