Microfibers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Microfibers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • Transparency Market Research
  • September 2034
  • Chemicals
  • 0 pages

Report Description

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Microfiber is synthetic fiber is finer than one denier or decitex/thread. It is smaller than the diameter of a strand of silk, which is about 1/5 the diameter of a human hair. The size, shape, and combinations of synthetic fibers are selected for specific characteristics includes softness, absorption, electrostatics, toughness, filtering capabilities, and water repellency. Products penetrating into microfiber have positively-charged ions and attract negatively-charged dirt and grease. Microfiber have property to clean the surface without chemicals.

The microfibers consumption market is anticipated to expand at a significant CAGR during the forecast period. Rising demand for reliable material for cleaning purposes is expected to drive the market. These materials are designed for repeated use, rather than one-time use, and need to be rugged. Shores such as grocery stores, hardware stores, big box stores, and online portals sell microfiber cloths on a commercial level for various purposes. However, there are environmental concerns regarding this product since it is entering the oceanic food chain. It is found that when synthetic cloths made of microfibers are washed, on an average, 1.7 grams of microfibers are released from those clothes. These microfibers travel to the local treatment plants, where they enter rivers, lakes, and oceans and contribute to the overall plastic pollution. Microfibers account for 85% of man-made fragments found on coastlines worldwide. Microfiber made from petrochemicals such as polyester and nylon are non-biodegradable and hazardous for the environment. Microfiber fabrics are combustible if manufactured from hydrocarbon or carbohydrates and emit toxic gases when burned.

Based on applications, the microfibers market is segmented into microfiber leather, microfiber cleaning cloths, and others. Microfiber leather is used in upholstery of furniture such as sofa, automotive interiors, car seat covers, luggage, bags, shoes, garments, gloves, fine inner packing, balls, and accessories such as belts, straps, and shoe laces. Microfiber material dries at a faster pace, making it hard for bacteria to grow in it. Microfiber mops are used to clean hospitals floor. Microfiber is also used to make mats, knit and weave for apparel, upholstery, industrial filters, and cleaning products.

In terms of product type, the microfibers consumption market is segmented into long-strand microfiber and short-strand microfiber.  Long microfibers are used for cleaning purpose such as glass, cars, fans, and floors. Short microfiber are used to make fabrics for cleaning electronic devices, clothing, mats, etc.

In terms of geography, the microfiber market can be segregated into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. The market in India, Japan, and China is anticipated to expand at a considerable CAGR during the forecast period owing to rise in concerns regarding cleanliness and hygiene. The market in North America is projected to rise at a higher CAGR due to new cleaning techniques. The market in the Middle-east & Africa is anticipated to expand during the forecast period owing to presence of small, medium, and large cleaning industries.

Key players operating in the microfibers market includes Atlas Graham Furgale, AquaStar Inc., Changshu Baishide Textile Co., Ltd., Eurow, and GameX.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

 

 

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