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The market experts have carried out exhaustive primary as well as secondary research over the global polypropylene fiber market to precisely determine the global polypropylene fiber market share and its forecasted growth pattern. Through this comprehensive research, the analysts studied all the polypropylene fiber manufacturers established worldwide and calculated the size of the polypropylene fiber market at a global and regional level. The market-oriented historical data and the growth trend from 2015 to 2018 facilitate the projection of the polypropylene fiber-manufacturing firms during 2019–2025.
The global polypropylene fiber report provides market valuation in terms of USD Million and Kilo Tons, along with additional statistical data of the market. The market report offers key insights that would help clients to generate ideas for the effectual expansion of their businesses. The report also entails significant information about the key players such as the revenue generated, production rate, current developments, and market share captured by each player along with the competitive landscape. The report also provides considerable information regarding the key strategic improvements such as business collaborations, mergers, and acquisitions that are facilitating considerable growth of the market. Moreover, the report elucidates key growth drivers, opportunities, trends, and opportunities in the polypropylene fiber market.
The analysts carried out analytical research of the global polypropylene fiber market through tools such as SWOT analysis and PESTLE analysis. Porter's Five Forces framework was used to examine the buyers' & suppliers' potential.
Polypropylene is a lightweight polymer with thermoplastic properties. Polypropylene fiber has a wide range of applications in construction, geotextile, automotive, pharmaceutical, and electrical & electronics sectors. Based on the application, propylene fiber is widely used in manufacturing industrial fabrics owing to its huge tear strength and tensile properties. The majority of the automotive components including seat covers, automotive flooring, seatbacks, seam reinforcement, pull straps, seat belts, and air filters are composed of polypropylene fiber.
In the Asia Pacific region, the propylene fiber is largely consumed owing to the growing demand for the hygiene products in the region. The Asia Pacific propylene fiber market is anticipated to attain the fastest CAGR value during the forecast period. The key causes pushing the regional market are the constantly growing population, a significant rise in average disposable incomes, and improvement in the lifestyle of the residents.
The global polypropylene fiber market is segmented based on form, end-user, application, and geography. By form, the market is bifurcated into polypropylene staple fiber and continuous fiber. By the end-user, the market is segmented into automotive, household, medical, filtration, and construction. By application, the market is divided into industrial fabrics, geotextile, upholstery fabrics, hygiene products, and concrete. By region, the market is categorized into North America, Latin America, the Asia Pacific, Europe, and the Middle East & Africa.
Some of the key players propelling the global polypropylene fiber market are BASF SE, International Fibers Group, Sika AG, Beaulieu International Group, Lotte Chemical Corporation, LCY Forta Corporation, ABC Polymer Industries LLC, The Euclid Chemicals Company, Tri Ocean Textile Co. Ltd, American Synthetic Fiber LLC, Chemical Corp., Zenith Fibres Limited, Hubei Botao Synthetic Fiber Co. Ltd, Fibervisions Corporation, and Belgian Fibers.
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