Lucintel Forecasts The Global Polyolefin Fiber Market To Reach $26 Billion By 2030

By Author: Lucintel LLC
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According to the recent study the global Polyolefin Fiber Market is projected to reach an estimated $26 billion by 2030 from $9 billion in 2023 at a CAGR of 4% from 2023 to 2030. Growth in this market is primarily driven by increasing demand for metallocene based polyolefin fiber due to its unique grades and the increasing use of hygiene products.
Browse 107 figures/charts and 68 tables in this 205-page report to understand trends, opportunities and forecast in global polyolefin fiber market by polymer type (metallocene and others), application (staple fiber and continuous yarn), process (melt blown, spun-bond, filament extrusion and others), end use (hygiene and mask, filtration, medical/surgical, consumer goods, industrial and others), and region (North America, Europe, Asia Pacific, and Rest of the World).
Lucintel forecasts that hygiene and mask will remain the largest end use by value and volume and industrial expected to witness the highest growth over the forecast period due to the precautionary measures of corona virus the sales of non-woven mask, gloves, gowns, and other protective wears has increased.
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... Continuous yarn is expected to remain the largest market by value and volume, because of its various properties like excellent uniformity and excellent strength properties it is increasingly used in different end use industries, such as hygiene and mask, filtration, and medical/surgical.
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Asia Pacific (APAC) expected to remain the largest market and it is also expected to witness the highest growth over the forecast period due to the increasing use of hygiene products driven by the COVID-19 pandemic and growing industrial activities in the developing countries like China and India.
3M, Honeywell International, Polyglass, Belgian Fiber SA, International Fibers Group Holdings Ltd., DSM, SABIC, Borealis AG, Sinopec Group, Sika AG, Indorama Venture Public Company Limited are the major suppliers in the polyolefin fiber providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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