Trends, Drivers and Vendor Forecasts for 2022-2026
Accelerating at a CAGR of 14%, the bicomponent fiber market is expected to post an incremental growth of $ 1.49 bn over the next five years. Berry Global Group Inc., Cha Technologies Group, Dow Inc., EMS-CHEMIE HOLDING AG, ES Fibervisions, Far Eastern New Century Corp., Indorama Ventures Public Co. Ltd., JNC Corp., Teijin Ltd., and Toray Industries Inc. are among the key market players. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to provide growth projections and insights. In addition, our report offers a deep understanding of the key market players and their product portfolios. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.
Bicomponent Fiber Market: Market Segments and Key Trends
The Bicomponent fiber market is segmented by End-user (Personal hygiene, Medical textile, Upholstery, and Others) and Geography (APAC, North America, Europe, MEA, and South America). APAC led the market with 49% of the market growth set to originate from this region during the forecast period. Fluctuations in raw material prices is one of the challenges that will need to be overcome to drive growth. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.
Bicomponent Fiber Market: Top Drivers to Boost Demand
The Rising demand for nonwoven fabrics is one of the primary factors driving the growth of the bicomponent fiber market. The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For additional insights on this market: Download FREE Sample Report.
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