LONDON--(BUSINESS WIRE)--The increasing demand for personal hygiene products will be one of the significant factors that will fuel the growth of the bicomponent market throughout the next five years. Factors such as the growing focus toward personal hygiene, increase in average household income, and the rise in the aging population has led to an increase in demand for personal hygiene products. Bicomponent fibers are widely used in personal hygiene products because of their permeability, insulation, water transmission, antibiotic protection, and anti-odor properties. Furthermore, the demand for feminine hygiene products is growing rapidly, which will increase the use of bicomponent fibers, thereby driving market growth. This industry research report also presents a competitive analysis of the market by end-users (personal hygiene, medical textile, upholstery, and others), and geography (APAC, Europe, MEA, North America, and South America).
Competitive vendor landscape
The global bicomponent fiber market is highly competitive with major vendors such as DowDuPont, EMS-CHEMIE HOLDING AG, Indorama Ventures Public Co. Ltd., JNC Corp., and TORAY INDUSTRIES Inc. competing based on price, quality, and product/service offerings.
“APAC will account for the largest bicomponent fiber market share throughout the forecast period. The widespread adoption of hygiene products such as feminine care products and baby diapers in countries such as Japan, China, and India is one of the major reasons for the high growth of the bicomponent fiber market in this region,” says a senior analyst at Technavio
Top five bicomponent fiber market vendors
DowDuPont operates in eight segments: agriculture, performance materials & coatings, industrial intermediates & infrastructure, packaging & specialty plastics, electronics & imaging, nutrition & biosciences, transportation & advanced polymers, and safety & construction. The company's subsidiary, DuPont, provides Sorona PET bicomponent.
EMS-CHEMIE HOLDING AG
EMS-CHEMIE HOLDING AG runs its operations through two segments: high-performance polymers and specialty chemicals. The company provides products such as bicomponent melt-bonding fiber and CoPA Fusible bicomponent adhesive fiber.
Indorama Ventures Public Co. Ltd.
Indorama Ventures Public Co. Ltd. runs its operations through five segments: integrated pet, olefins, fibers, specialty chemicals, and packaging. The company offers bicomponent fiber for home, apparel, hygiene and medical, automotive, and industrial applications.
JNC Corp. provides raw materials for performance products, chemical products, energy and environment, and consumer-oriented goods. The company’s key offerings in the bicomponent fiber market include ES FIBER, a thermo-bondable bicomponent fiber.
TORAY INDUSTRIES, Inc.
TORAY INDUSTRIES, Inc. runs its operations through five segments: fibers & textiles, performance chemicals, carbon fiber composite materials, environment & engineering, life science, and others. The company provides bicomponent fibers for apparels.
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