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Microfiber Market Will Procure 730 Million US$ by 2025 at a CAGR of 1.9%

 

Los Angeles, CA -- (SBWIRE) -- 04/20/2019 -- Microfiber is synthetic fiber finer than one denier or decitex/thread. However, recently, there is no uniform definition of international fine fibers. In Japan, microfiber is less than 0.3 dtex. German Textile Association monofilament polyester fiber linear density of less than 1.2 dtex, polyamide fiber linear density of less than 1.0 dtex is called superfine fibers; and Montefibre company 's linear density of less than 0.55 dtex polyester fiber called microfiber; US PET Commission defines that 0.3 dtex ~ 1.0 dtex fiber is defined as ultra-fine fibers; AKZO company believes microfiber upper limit should be 0.3 dtex, but most people accepted definition dpf <1.0 dtex fibers are microfibers and dpf <0.1 dtex fibers called ultrafine fibers. In china microfiber is less than 2.2 dtex and most global manufacturers produce the microfibers that are less than 0.3 dtex.

The most common types of microfibers are made from polyesters, polyamides (e.g., nylon, Kevlar, Nomex, trogamide), or a conjugation of polyester, polyamide, and polypropylene (Prolen). Microfiber is used to make mats, knits, and weaves for apparel, upholstery, industrial filters, and cleaning products. The shape, size, and combinations of synthetic fibers are selected for specific characteristics, including softness, toughness, absorption, water repellency, electrostatics, and filtering capabilities.

In the report, we define 0-0.3 dtex is short microfiber and 0.3-1.2 dtex is long microfiber. And the volume of microfiber is calculated by all the microfiber less than 1.2 dtex.

In fact, microfiber is generally used directly in downstream products. In the market, the sales of microfiber only hold a small part of total microfiber.

Since high-performance microfiber entered the market, it had got great attention. As a new material, it is mainly applied to make microfiber leather and microfiber cleaning cloths. During the production process of microfiber leather or microfiber cleaning cloth, microfiber is also produced. Over the past few years, demand for microfiber is relatively stable. In the future, downstream demand will continues improving with the improvement of people's quality of life.

Global market is expected to witness significant growth on account of rising applications, so in the next few years, microfiber consumption will show a trend of steady growth. On product prices, the slow downward trend in recent years will maintain in the future.

The global Microfiber market was 630 million US$ in 2018 and is expected to 730 million US$ by the end of 2025, growing at a CAGR of 1.9% between 2019 and 2025.

This report studies the Microfiber market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Microfiber in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Toray

Kuraray

Asahi Kasei

Kolon

Teijin

Sheng Hong Group

3M

Eastman

Sanfang

KB Seiren

Hexin

Duksung

Norwex

SISA

Vileda

Acelon Chemical

Huafon Microfibre

Double Elephant

Far Eastern

Wanhua

Ningbo Green Textile

Tricol

Meisheng

Hengli

By the product type, the market is primarily split into

Long Microfiber

Short Microfiber

By the end users/application, this report covers the following segments

Microfiber Leather

Microfiber Cleaning Cloths

Key Regions split in this report:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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