Microfiber is synthetic fiber finer than one denier or decitex/thread. However, recently, there is no uniform definition of international fine fibers. In Japan, microfiber is less than 0.3 dtex. German Textile Association monofilament polyester fiber linear density of less than 1.2 dtex, polyamide fiber linear density of less than 1.0 dtex is called superfine fibers; and Montefibre company ‘s linear density of less than 0.55 dtex polyester fiber called microfiber; US PET Commission defines that 0.3 dtex ~ 1.0 dtex fiber is defined as ultra-fine fibers; AKZO company believes microfiber upper limit should be 0.3 dtex, but most people accepted definition dpf <1.0 dtex fibers are microfibers and dpf <0.1 dtex fibers called ultrafine fibers. In china microfiber is less than 2.2 dtex and most global manufacturers produce the microfibers that are less than 0.3 dtex.
The most common types of microfibers are made from polyesters, polyamides (e.g., nylon, Kevlar, Nomex, trogamide), or a conjugation of polyester, polyamide, and polypropylene (Prolen). Microfiber is used to make mats, knits, and weaves for apparel, upholstery, industrial filters, and cleaning products. The shape, size, and combinations of synthetic fibers are selected for specific characteristics, including softness, toughness, absorption, water repellency, electrostatics, and filtering capabilities.
In the report, we define 0-0.3 dtex is short microfiber and 0.3-1.2 dtex is long microfiber. And the volume of microfiber is calculated by all the microfiber less than 1.2 dtex.
In fact, microfiber is generally used directly in downstream products. In the market, the sales of microfiber only hold a small part of total microfiber.
Since high-performance microfiber entered the market, it had got great attention. As a new material, it is mainly applied to make microfiber leather and microfiber cleaning cloths. During the production process of microfiber leather or microfiber cleaning cloth, microfiber is also produced. Over the past few years, demand for microfiber is relatively stable. In the future, downstream demand will continues improving with the improvement of people's quality of life.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, microfiber consumption will show a trend of steady growth. On product prices, the slow downward trend in recent years will maintain in the future.
According to this study, over the next five years the Microfiber market will register a 2.4% CAGR in terms of revenue, the global market size will reach US$ 720 million by 2024, from US$ 630 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Microfiber business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Microfiber market by product type, application, key manufacturers and key regions and countries.
This study considers the Microfiber value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Long Microfiber
Short Microfiber
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Microfiber Leather
Microfiber Cleaning Cloths
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Toray
Kuraray
Asahi Kasei
Kolon
Teijin
Sheng Hong Group
3M
Eastman
Sanfang
KB Seiren
Hexin
Duksung
Norwex
SISA
Vileda
Acelon Chemical
Huafon Microfibre
Double Elephant
Far Eastern
Wanhua
Ningbo Green Textile
Tricol
Meisheng
Hengli
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Microfiber consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Microfiber market by identifying its various subsegments.
Focuses on the key global Microfiber manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Microfiber with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Microfiber submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Microfiber . Industry analysis & Market Report on Microfiber is a syndicated market report, published as Global Microfiber Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Microfiber market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.