New York, NY, July 18, 2019 (GLOBE NEWSWIRE) -- 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.
Browse through 54 Tables & 31 Figures spread over 110 Pages and in-depth TOC on “Global Bicomponent Fiber Market Size, Share 2018: Industry Type, Trends, Segments, Growth, Analysis, and Forecast to 2026”.
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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.
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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.
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, increasing disposable income of the regional population, and rising number of end-use industries in the region. Additionally, the growing awareness about maintaining a hygienic environment and improving healthcare infrastructure are further boosting the bicomponent fiber market in the region.
Browse the full “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” Report at https://www.zionmarketresearch.com/report/bicomponent-fiber-market
North America is expected to show huge demand for bicomponent fiber, due to the growing preference for environment-friendly and durable raw materials. This, in turn, is encouraging bicomponent fiber manufacturing companies to invest in sustainable and high-performance apparels.
The Middle East and Africa is expected to show a significant bicomponent fiber market growth in the future, owing to the flourishing manufacturing industry. Bicomponent fibers in manufacturing industries are utilized for producing various kinds of textiles. The increasing demand for non-woven fabrics has been witnessed in the region, which will further propel the region’s bicomponent fiber market.
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Europe is a considerable market for bicomponent fiber, which is expected to generate significant growth opportunities in the upcoming years. The market demand is expected to increase due to the growing automobile production coupled with increasing utilization of bicomponent fibers in automotive textiles.
The Latin American bicomponent fiber market is expected to witness moderate growth over the forecast time period. The bicomponent fiber demand from the automotive sector in Brazil is expected to be the growth major driver of the bicomponent fiber market in Latin America. Brazil and Colombia are expected to be the major contributors in this region.
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.
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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
Global Bicomponent Fiber Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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