What is Low melting fiber Market?
Low melt fiber is an eco-friendly and alternative to chemical adhesives. It has low melting point which is 110 degrees when compared to regular polyester fiber having melting point 265 degrees. Low melting fiber has wide range of applications such as automotive materials, bedding and furniture, and hygiene products. It is blended with polyester fiber with melting point of 110 to 180 degrees. Moreover, the low melting fiber is referred to as bi component fiber which is used as a thermal bonding fiber and has sheath core type structure.
The market study is being classified by Type (Melting Point ≤130 and Melting point>130), by Application (Mattress, Bedding, Padding, Car molding and Others) and major geographies with country level break-up.
Akzonoble (Netherlands), PPG industries (United States), Sherwin-Williams (United States), RPM International Inc. (United States), Nippon Paint Holdings Co., Ltd. (Japan), Axalta (United States), Huvis (South Korea), Toray Chemical Korea (South Korea), Far Eastern New Century (Taiwan) and Nan Ya Plastics (Taiwan) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Japan Vendors will contribute to the maximum growth of Global Low melting fiber market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Low melting fiber market by Type, Application and Region.
On the basis of geography, the market of Low melting fiber has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, Thailand, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Benefits Such as More Efficient than Substitute Products Such as Cotton, Wool and Other
- Increasing Demand of Recycled Staple Fibers
- Increasing Awareness of Environmental Protection is leading to Usage of Low Melting Fiber
- Availability of Substitute Products such as Cotton
- Availability of Wide Range of Stylish Designs, Bright Colors and Attractive Prints
- Increasing Demand of Lightweight Cars is Boosting the Market
- Instability in the Prices of Petroleum May Hamper the Market
Market Leaders and some development strategies
On 22nd July 2019, PPG has acquired Dexmet which is an manufacturer of precision expanded metal foils and high temperature polymers for apps in aerospace and power generation
Key Target AudienceManufacturers, Raw material suppliers, Government associations, Research organizations and Others
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