Bicomponent Fiber Market by Material Type, by Structure Type, by End-Use Industry Type, and by Region, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2019-2024

Bicomponent Fiber Offers Healthy Growth Opportunities in the Entire Ecosystem of the Market. The Global Bicomponent Fiber Market is Likely to Reach US$ 2,266.9 Million in 2024

This report studies the bicomponent fiber market over the period 2019 to 2024. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities in the market.

The Global Bicomponent Fiber Market: Highlights

Bicomponent fiber offers healthy growth opportunities in the entire ecosystem of the market. The global bicomponent fiber market is likely to reach US$ 2,266.9 million in 2024. Rising living standard of consumers, growing nonwoven market, increasing demand for baby and adult diapers, increasing automobile production, increasing awareness towards hygiene products, increasing demand for softer and bulkier products, and higher performance of bicomponent fiber over single polymer fibers are the major growth drivers of the bicomponent fiber market.

The global bicomponent fiber market is segmented based on the material type as PE/PP, PE/PET, Co-PET/PET, and Others. Co-PET/PET is expected to remain the most dominant material type in the global bicomponent fiber market during the forecast period, owing to its low cost coupled with good chemical resistance and physical properties. The material type is also likely to witness the highest growth during the same period, driven by increasing penetration in emerging markets, such as China.

Based on the structure type, the global bicomponent fiber market is segmented as sheath/core, side-by-side, islands-in-the-sea, and others. Sheath/core is projected to remain the growth engine of the global bicomponent fiber market during the forecast period. Sheath/core structure occupies the highest share in the global bicomponent fiber market. Good interlocking mechanism and less reactive to moisture are the key factors driving the demand for sheath/core structure in the bicomponent fiber market.

Based on the end-use industry type, the global bicomponent fiber market is segmented as hygiene, textiles, automotive, home furnish, and others. Hygiene is projected to remain the largest segment of the global bicomponent fiber market during the forecast period. Rising health and hygiene awareness among people around the world is driving the demand for incontinence products, such as feminine products, baby diapers, adult diapers, and tissue wipes.

Rising living standard of people coupled up with superior softness, bulkiness, and strong bonding properties are pushing the demand for bicomponent fibers in the hygiene segment. Automotive is likely to remain the second largest segment of the bicomponent fiber market because of an increase in the penetration of bicomponent fibers in the automobiles to attain lightweight materials with strong capabilities.

Based on regions, Asia-Pacific is expected to remain the largest and fastest-growing market for bicomponent fibers during the forecast period. The regional market is driven by a host of factors, such as growing awareness towards the hygienic environment and increasing population. Rising disposable income, improving healthcare infrastructure, and favorable government regulations regarding health and hygiene are further boosting the demand for bicomponent fibers in the region.

The supply chain of this market comprises raw material suppliers, bicomponent fiber manufacturers, nonwoven manufacturers, and end users. The key bicomponent fiber manufacturers are ES FiberVision, Huvis Corporation, Far Eastern New Century, Jiangnan High Polymer Fiber Co., Ltd., CHA Technologies Group, and Jiaxing Xinwei Chemical Fiber Co., Ltd. Development of durable, stronger and softer bicomponent fiber and execution of mergers & acquisitions are some of the key strategies adopted by the major players to gain a competitive edge in the market.

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with the publisher's internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We have conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
  
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  
• Market trend and forecast analysis
  
• Market segment trend and forecast
  
• Competitive landscape and dynamics: Market share, Product portfolio, Product launches, etc.
  
• Attractive market segments and associated growth opportunities
  
• Emerging trends
  
• Strategic growth opportunities for the existing and new players
  
• Key success factors
  

The bicomponent fiber market is segmented into the following categories.

Global Bicomponent Fiber Market by Material Type:

• PE/PP (Regional Analysis: NA, Europe, APAC, and RoW)
  
• PE/PET (Regional Analysis: NA, Europe, APAC, and RoW)
  
• Co-PET/PET (Regional Analysis: NA, Europe, APAC, and RoW)
  
• Others (Regional Analysis: NA, Europe, APAC, and RoW)
  

Global Bicomponent Fiber Market by End-Use Industry Type:

• Hygiene (Regional Analysis: NA, Europe, APAC, and RoW)
  
• Textiles (Regional Analysis: NA, Europe, APAC, and RoW)
  
• Automotive (Regional Analysis: NA, Europe, APAC, and RoW)
  
• Home Furnish (Regional Analysis: NA, Europe, APAC, and RoW)
  
• Others (Regional Analysis: NA, Europe, APAC, and RoW)
  

Global Bicomponent Fiber Market by Structure Type:

• Sheath/Core (Regional Analysis: NA, Europe, APAC, and RoW)
  
• Side-by-Side (Regional Analysis: NA, Europe, APAC, and RoW)
  
• Islands-in-the-Sea (Regional Analysis: NA, Europe, APAC, and RoW)
  
• Others (Regional Analysis: NA, Europe, APAC, and RoW)
  

Global Bicomponent Fiber Market by Region:

• North America (Country Analysis: the USA, Canada, and Mexico)
  
• Europe (Country Analysis: Germany, the UK, Russia, France, and Rest of Europe)
  
• Asia-Pacific (Country Analysis: Japan, India, China, and Rest of Asia-Pacific)
  
• Rest of the world (Country Analysis: Latin America, The Middle East, and Others)
  

Report Customization Options

With this detailed report, the publisher offers one of the following free customization options:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
  
• SWOT analysis of key players (up to 3 players)
  

Market Segmentation

Current market segmentation of any one of the end-use industry by material type

Competitive Benchmarking

Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: The publisher offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others.