Global Low Melting Fiber Market Is Expected to Grow at a CAGR of 7.4% and Will Reach USD 2.45 Billion in 2024, from USD 1.6 Billion in 2019

New Global Low Melting Fiber Market 2024 Report Covers market forecast and top Companies like Huvis, Toray Chemical Korea, Far Eastern New Century, Nan Ya Plastics, XiangLu Chemical Fibers and others.

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Lewes, DE -- (SBWire) -- 05/08/2019 --Low Melting Fiber market is expected to grow at a CAGR of roughly 7.4% over the next five years, will reach 2.45 Billion USD in 2024, from 1.6 Billion USD in 2019.

Low Melting Fiber refers to a bi-component fiber used as a thermal bonding fiber and its structure is typically a sheath/core type. It is composed of a sheath polymer and a core polymer. The melting point of the sheath polymer is lower than that of the core polymer.

Scope of the Report:

The global Low Melting Fiber industry has a rather high concentration. The major manufacturers are concentrated in Korea, and China, such as Huvis, Toray Chemical Korea, Far Eastern New Century, Nan Ya Plastics and XiangLu Chemical Fibers. At present, Huvis is the world leader, holding 30.40% production market share in 2017.

Low Melting Fiber downstream is wide and recently Low Melting Fiber has acquired increasing significance in various fields of Automotive, Bedding Industry, Construction and Others. Globally, the Low Melting Fiber market is mainly driven by growing demand for Automotive. Automotive accounts for nearly 52.98% of total downstream consumption of Low Melting Fiber in global.

Global market is expected to witness significant growth on account of rising applications, so in the next few years, Low Melting Fiber consumption will show a trend of steady growth. In 2025 the consumption of Low Melting Fiber is estimated to be 1468.3 K MT. On product prices, the slow downward trend in recent years will maintain in the future.

The worldwide market for Low Melting Fiber is expected to grow at a CAGR of roughly 7.4% over the next five years, will reach 2450 million US$ in 2024, from 1600 million US$ in 2019, according to a new study.

This report focuses on the Low Melting Fiber in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
Huvis
Toray Chemical Korea
Far Eastern New Century
Nan Ya Plastics
XiangLu Chemical Fibers
Yangzhou Tianfulong
Ningbo Dafa
Taekwang
IFG Exelto NV
Hickory Springs
Dividan
Sinopec Yizheng Chemical Fibre
CNV Corporation
Shyam Fibers

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Melting Point ?130 ?
Melting Point >130 ?

Market Segment by Applications, can be divided into
Automotive
Bedding Industry
Construction
Others

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Low Melting Fiber product scope, market overview, market opportunities, market driving force and market risks.

Chapter 2, to profile the top manufacturers of Low Melting Fiber, with price, sales, revenue and global market share of Low Melting Fiber in 2017 and 2018.

Chapter 3, the Low Melting Fiber competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Low Melting Fiber breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.

Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.

Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.

Chapter 12, Low Melting Fiber market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.

Chapter 13, 14 and 15, to describe Low Melting Fiber sales channel, distributors, customers, research findings and conclusion, appendix and data source.

Spanning over 120 pages "Forecast of Global Low Melting Fiber Market 2024" report covers Market Overview, Manufacturers Profiles, Global Low Melting Fiber Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018), Global Low Melting Fiber Market Analysis by Regions, North America Low Melting Fiber by Country, Europe Low Melting Fiber by Country, Asia-Pacific Low Melting Fiber by Country, South America Low Melting Fiber by Country, Middle East and Africa Low Melting Fiber by Countries, Global Low Melting Fiber Market Segment by Type, Global Low Melting Fiber Market Segment by Application, Low Melting Fiber Market Forecast (2019-2024), Sales Channel, Distributors, Traders and Dealers, Research Findings and Conclusion, Appendix.

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