According to Precedence Research, the global low melting fiber market was estimated at US$ 1.80 billion in 2020 and is projected to reach US$ 2.95 billion by 2030, registering a CAGR of 6.76% from 2021 to 2030. The report contains 150+ pages with detailed analysis.
The report provides the overall revenue of the global low melting fiber market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year. The study includes drivers and restraints of this global market. It offers a thorough analysis of the market revenue status, growth, future trends, and forecast of the global low melting fiber market for the period from 2017 to 2030.
Vital factors accountable for market growth are:
- The upsurge in population along with growing rate of urbanization has positive inference on the home furnishings sector in the U.S.
- Rising demand automotive industry and for bedding accelerates the demand for low melting fiber
- Strategic partnerships by the key players operating in the global market in order to strengthen the market position.
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Scope of the Study
This market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes market by players, product, application, and region. This report also studies global market prominence, competitive landscape, market share, growth rate market dynamics such as drivers, restraints and opportunities, and distributors and sales channel.
This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.
COVID-19 Impact on Global Low Melting Fiber Market
Occurrence of novel coronavirus disease has obstructed the globe economy. Leading countries across the globe announced the lockdown situations most of the key players in the global low melting fiber market forced to the shutdown their production plants and sales as well as production of the automotive, construction components has been stopped which has directly affected on the target market industry. Major industries affected due to the distribution in the supply chain as well as lockdowns across the globe. However, the key supplies are resuming to the work, in order to accomplish their previous order by following government norms. COVID-19 situation is resolving gradually and most of the industries are starting their facilities at full capacity. The global low melting fiber industry is expected to grow post COVID world at significant growth rate.
This report also provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the low melting fiber market and ranks noticeable companies as per their occurrence in diverse regions across the globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.
Leading competitors operating in the global Low Melting Fiber market are as follows:
- Toray Chemical Korea
- Hickory Springs
- Ningbo Dafa
- Yangzhou Tianfulong
- Nan Ya Plastics
- XiangLu Chemical Fibers
In order to better recognize the current status of acceptance of Low Melting Fiber, and policies adopted by the foremost countries, Precedence Research predicted the future evolution of the Low Melting Fiber market. This research study bids qualitative and quantitative insights on Low Melting Fiber market and assessment of market size and growth trend for potential market segments.
Key Market Developments:
- Huvis a leading key player in the global low melting fiber industry established its joint venture in the United States along with the Indorama Ventures, in the year 2018. This joint venture is attributed to achieve leading position in the low melting fiber industry in the near future.
Major Market Segments Covered:
- Melting Point ≤130
- Melting Point >130
- Car molding
- North America
- United Kingdom
- Rest of Europe
- Asia Pacific
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa (MEA)
- North Africa
- South Africa
- Rest of Middle East & Africa
• The report provides a qualitative and quantitative analysis of the current low melting fiber market trends, forecasts, and market size from 2021 to 2030 to determine new opportunities.
• Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
• Top impacting factors & major investment pockets are highlighted in the research.
• The major countries in each region are analyzed and their revenue contribution is mentioned.
• The market player positioning segment provides an understanding of the current position of the market players active in the low melting fiber industry.
Key offerings of the report:
• Key drivers & Opportunities: Detailed analysis on driving factors and opportunities in different segments for strategizing.
• Current trends & forecasts: Comprehensive analysis on latest trends, development, and forecasts for next few years to take next steps.
• Segmental analysis: Each segment analysis and driving factors along with revenue forecasts and growth rate analysis.
• Regional Analysis: Thorough analysis of each region helps market players devise expansion strategies and take a leap.
• Competitive Landscape: Extensive insights on each of the leading market players for outlining competitive scenarios and take steps accordingly.
Why should you invest in this report?
If you are aiming to enter the global low melting fiber market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for low melting fiber are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Low Melting Fiber Market Variables and Scope
4.2. Market Classification and Scope
Chapter 5. COVID 19 Impact on Low Melting Fiber Market
5.1. Covid-19: Low Melting Fiber Industry Impact
5.2. Low Melting Fiber Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Low Melting Fiber Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Low Melting Fiber Market Players to deal with Covid-19 Pandemic Scenario
Chapter 6. Low Melting Fiber Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
184.108.40.206. Driver 1
220.127.116.11. Driver 2
6.1.2. Market Restraints
18.104.22.168. Restraint 1
6.1.3. Market Opportunities
22.214.171.124. Opportunity 1
126.96.36.199. Opportunity 2
Chapter 7. Global Low Melting Fiber Market: Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
188.8.131.52. Low Melting Fiber Market Revenue by Market Players (2016-2020)
184.108.40.206. Low Melting Fiber Market Revenue Market Share by Market Players (2016-2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
220.127.116.11. Product Portfolio Expansion, Geographic Expansion, Product Innovation
18.104.22.168. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
22.214.171.124. List of Product Type Suppliers
126.96.36.199. List of End-users
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