Global Bicomponent Fiber Market Will Reach Over USD 2.5 Billion By 2026: Zion Market Research – ZMR News Magazine

Global Bicomponent Fiber Market Will Reach Over USD 2.5 Billion By 2026: Zion Market Research

Zion Market Research has published a new report titled “Bicomponent Fiber Market By Material Type (PE/PP, PE/PET, Co-PET/PET, and Others), By Structure Type (Sheath/Core, Side-By-Side, Islands-In-The-Sea, and Others), and By End-Use Industry (Hygiene, Textiles, Automotive, Home Furnish, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026”. According to the report, the global bicomponent fiber market was approximately USD 1.68 billion in 2018 and is expected to generate around USD 2.5 billion by 2026, at a CAGR of around 5.1% between 2019 and 2026.

The global bicomponent fiber market is expected to witness substantial growth over the forecast time period, owing to the increasing demand for non-woven fabrics by various end-use industries, growing demand for lightweight materials with strong capabilities in automotive textiles, and rising demand for non-woven materials containing micro-sized fibers. Bicomponent fibers are filaments made from two different polymers that are extruded from the same spinneret, with both polymers within the same filament but separated by a fine plane. Both these polymers differ in chemical nature and physical properties, such as molecular weight. Bicomponent fibers are mostly used in geotextiles, medical textiles, package textiles, automotive textiles, protective textiles, industrial textiles, etc. Bicomponent fibers offer thermal bonding, extremely fine fibers, self-bulking, highly unique cross-sectioned patterns, and are available at economical costs.

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The global bicomponent fiber market is fragmented based on material type, structure type, and end-use industry. Based on material type, the bicomponent fiber market includes Co-PET/PET, PE/PET, PE/PP, and others. The Co-PET/PET segment is likely to show the highest growth rate, owing to its good physical and chemical properties and low cost. Co-PET/PET is widely used in non-woven fabric production, which is further expected to propel this segment’s growth.

Heath/core, islands-in-the-sea, side-by-side, and others form the structure type segment of the bicomponent fiber market. The sheath/core segment is expected to register the highest growth rate, owing to its superior properties like less reaction to moisture and high interlocking mechanism. Sheath/core structures have high-melting core temperature polymer and low-melting sheath temperature polymer. Core and sheath are processed like bonding fibers, which makes them extremely useful for diverse applications.

Based on end-use industry, the bicomponent fiber market comprises hygiene, home furnish, textiles, automotive, and others. The hygiene segment is projected to show the highest growth rate, owing to the increasing hygiene and health awareness that is fuelling the demand for different types of hygiene products like wet wipes, baby diapers, and feminine products. The automotive industry is likely to be the second largest market segment. Bicomponent fibers are used to create lightweight, strong items, such as seat belts, seat covers, headliners, floor mats and carpets, in the automotive industry.

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The Asia Pacific region is expected to hold a major share of the global bicomponent fiber market in the future, due to the presence of developing economies of India and China, rapid industrialization, and increasing disposable income of the regional population.

Some key companies operating in the global bicomponent fiber market are ES FiberVisions, Far Eastern New Century, Huvis Corporation, Jiangnan High Polymer Fiber, Jiaxing Xinwei Chemical, and CHA Technologies.

This report segments the global bicomponent fiber market into:

Global Bicomponent Fiber Market: Material Type Analysis

  • PE/PP
  • PE/PET
  • Co-PET/PET
  • Others

Global Bicomponent Fiber Market: Structure Type Analysis

  • Sheath/Core
  • Side-By-Side
  • Islands-In-The-Sea
  • Others

Global Bicomponent Fiber Market: End-Use Industry Analysis

  • Hygiene
  • Textiles
  • Automotive
  • Home Furnish
  • Others

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Global Bicomponent Fiber Market: Regional Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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