LOW MELTING FIBER MARKET ANALYSIS

Low melting fiber is referred as a bi-component fiber which has strong bonding properties. The low melting fiber is used in the spinning of durable yarns. Moreover, this fiber is used as excellent insulating material in automotive and construction industry, due to its intricate structure. Furthermore, this fiber is blended with solid recycled material or solid polyester fibers, which is further used for the car molding. The low melting fiber provides easy bonding and high elasticity, and thus is used for the production of interior parts of car, mattress, medical goods, among others.

Market Dynamics

Soaring demand for low melting fiber owing to its different benefits

The low melting fiber offers various benefits such as low melting point, durability, and high bonding strength. Moreover, it is blended with other types of fibers and is used to manufacture padding, interlining, and high quality mattress. Furthermore, it is used to manufacture sanitary and medical products. Thus, different benefits of low melting fiber is likely to boost the product demand across the globe.

Rising demand for low melting fiber in the automotive industry

Low melting fiber is used in the automotive materials including ceiling material, engine hoof, and others. Moreover, low melting fiber has an improved mixing properties, high resiliency, and outstanding bonding, which further proliferates the product demand. Furthermore, low melting fiber has a wide range of applications such as in car door trims, headliners, and others, and this is expected to offer lucrative growth opportunities across the global market players.

 Fluctuating raw material prices hampering the market growth

The volatile prices of petroleum is likely to vary the raw material prices,  this is further limiting the global low melting fiber market growth. Moreover, low melting fiber is not biodegradable as compared to natural fibers such as cotton, silk, hemp, and wool, among others. Furthermore, the lifespan of fibers has reduced, resulting  in discarding  non-woven low melting fiber, as litters, in the landfills. Owing to this, there are several environmental issues occurred which are hindering the product demand. Nevertheless, the growing demand for recyclable low melting fiber is projected to accelerate the market growth during the forecast period.

Key features of the study:

• This report provides an in-depth analysis of the global low melting fiber market, market size (US$ Million & Tons), and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global low melting fiber market based on the following parameters–company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Huvis Corp., TORAY CHEMICAL KOREA INC., Taekwang Industrial Co.,Ltd, NINGBO DAFA CHEMICAL FIBER CO., LTD., Yangzhou Tianfulong, NAN YA PLASTICS CORPORATION, Hickory Springs, and Xiamen Xianglu Chemical Fiber Co., Ltd.,
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
• The global low melting fiber market report caters to various stakeholders in this industry including investors, suppliers, caffeine manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global low melting fiber market

Detailed Segmentation:

• Global Low Melting Fiber Market, By Application:
  • Automotive
  • Mattress
  • Construction
  • Others
• Global Low Melting Fiber Market, By Region:
  • North America
    • By Country:
      • U.S.
      • Canada
  • Latin America
    • By Country:
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
  • Europe
    • By Country:
      • U.K.
      • Italy
      • France
      • Germany
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country:
      • China
      • India
      • Japan
      • ASEAN
      • Australia
      • Rest of Asia Pacific
  • Middle East & Africa
    • By Sub-region:
      • Middle East
      • Africa
• Company Profiles
  • Huvis Corp.*
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments
    • Future Plans
  • TORAY CHEMICAL KOREA INC.
  • Taekwang Industrial Co., Ltd
  • NINGBO DAFA CHEMICAL FIBER CO.,LTD.
  • Yangzhou Tianfulong
  • NAN YA PLASTICS CORPORATION
  • Hickory Springs
  • Xiamen Xianglu Chemical Fiber Co., Ltd.

*” marked represents similar segmentation in other categories in the respective section.