Polypropylene Fiber Market 2017 – 2024 Expecting Worldwide Growth.
The Polypropylene Fiber Market is predicted to witness a massive growth from 2017 to 2024. The growth is primarily contributed by its increasing application in hygiene and medical products as well as in home furnishing and industrial products across the globe.
The Polypropylene Fiber Market is predicted to witness a massive growth from 2017 to 2024. The growth is primarily contributed by its increasing application in hygiene and medical products as well as in home furnishing and industrial products across the globe.
Polypropylene fiber is a lightweight fibre, which restricts the absorption of moisture. It is resistant to chemicals like alkalis and acids. It offers better insulation due to very low thermal conductivity, and because of these properties these are also used for producing thermal wear. It has wide range of applications in automotive, agriculture, geotextile, home furnishing, industrial and health care sector. For instance, in healthcare sector it is used for manufacturing baby diapers, medical products and sanitary coverstock. Similarly, for agriculture sectors it is used for sacks and woven bags. Moreover, it is also used in manufacturing process of concrete, UV absorber and PP staple fiber.
Growing personal hygiene and healthcare industry is anticipated to drive the polypropylene fiber market. Rising consciousness among the consumer regarding sanitation and cleanliness, for shielding themselves from infection and cancerous diseases are accelerating the demand for personal hygiene and medical products, which in turn predicted to attribute to the rise of these products over the coming years.
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The market is further driven by its increasing use in home furnishing and industrial sector for manufacturing disposable nonwovens, carpets and ropes. Rise in living standards of people have increased the demand for nonwovens and textiles. Growing industrialization along with urban population across the globe is also increasing their capability which is positively influencing the market to grow over the coming years.
Increasing adoption of polypropylene fiber due to its low-cost benefits as compared to conventional fibres. It is significantly substituting other traditional fibres used in textiles industrial owing to economic benefits. Hence, in few applications such as carpet the usage of polypropylene fibre have reduced the production cost by around half of initial cost.
Major factors hindering the growth of polypropylene fibre market is due to their lower melting temperature as compared to nylon, cotton, and other fabrics. This factor is restricting these products from being used in applications like apparels and household textiles.
The market is expected to restrain due to challenges like polypropylene fibres are replaced with natural fibres owing to its better characteristics and environmental friendly properties. Moreover, the demand for natural fiber products is also increasing, thereby showing a negative impact on the demand for these products in the projected period.
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By geography, Asia Pacific is predicted to have the largest share by the end of 2024. Increasing consumer preferences on personal hygiene products, rising disposable income of people in developing economies like China and India are some of the factors which are anticipated to drive the Asia Pacific market in the coming years.
North America is estimated to grow over coming years, owing to rise in application in end-user industry. The demand for health and hygiene products are increasing in this region further growing application in medical devices will propel market growth over coming years. The region is majorly dominated by U.S. which holds potential market share in respect of polypropylene consumption volume. Latin America, and MEA are expected to grow at a reasonable CAGR.
The size of global polypropylene fibres market is predicted to be highly competitive. Some of the primary players in the market include Avgol Nonwovens, W. Barnet GmbH & Co., ABC Polymer Industries, LLC, Belgian Fibers, Chemosvit, Eastman Chemicals, Fiberpartner, Fiberweb PLC, Fibre Innovation Technology Sdn. Bhd., Freudenberg & Co. KG, International Fibres Group, LCY Group, Propex Operating Company, LLC, Suominen, Syntech Fibres, Tri Ocean Textile Co. Ltd,. Kimberly-Clark Corp., Zenith Fibres Ltd., and Koch Industries.
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