DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/xgn4gx/polypropylene) has announced the addition of the "Polypropylene Fiber Market - Segmented By End Use Application And Geography - Trends And Forecasts (2015-2020)" report to their offering.
Polypropylene comprises near about 8.5% of all textile raw material produced worldwide. It is one of the rapidly growing synthetic fibers and fourth fastest growing synthetic fiber. In 2014 the global production for polypropylene fiber was around 6 million metric tons. Due to the growing nonwovens industry the fibers industry is expected to grow in the future.
The major producers of polypropylene fibers are Asia-pacific, North America and the Western Europe. China is the major consumer and leading producer of polypropylene fibers. The major demand for the polypropylene fibers is in the northeast Asia followed by North America and Western Europe.
The major driver for this market is the growing demand for carpets, hygiene & medical applications and geotextiles in the developing countries. Moreover with the increasing life standards of people, the demand for textiles and nonwovens would increase, so the demand for polypropylene fibers will also increase. Furthermore, the major markets for polypropylene fibers are the housing market and the construction sector which is rising of late.
The major challenges that this market is facing is the volatile polypropylene costs. With the increase in polypropylene cost the polypropylene fibers cost would increase. Another major risk involved is the possibility of substitutes, with better properties than polypropylene, replacing this. With the increasing costs the possibility of substitutes replacing is higher.
Companies Mentioned:
- Barnet
- Chemosvit
- Hercules Inc
- Neste
- Amoco fabrics and fibers
- lenzing AG
- Crown Zellerbach
- Smith & Nephew Ltd
- Plastic Ltd
- Amoco Deutschand Gmbh
- Plasticisers Ltd
- Fiber Partner
- Pecision Custom coatings
- Mohawk Industries
- Suominen
- Avgol Nonwovens
- Fiberweb PLC
- Dupont
- Ahlstrom
- Kimberly-Clark corporation
- Fiberweb PLC
- Firstquality Nonwovens
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Global Polypropene fiber Market
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis (Market size, growth and forecast)
7. Competitive Landscape
8. Company Profiles
9. Disclaimer
For more information visit http://www.researchandmarkets.com/research/xgn4gx/polypropylene
