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Global Specialty Fibers Market Analysis By Type, By End Use, By Sales Channel, By Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030

Global Specialty Fibers Market Analysis By Type, By End Use, By Sales Channel, By Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030

  • June 2021
  • ID: 6104571
  • Format: PDF
  • ChemAnalyst


Table of Contents

Global Specialty Fibers Market Analysis By Type, By End Use, By Sales Channel, By Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030

Global Specialty Fibers demand stood at 4.52 Million Tonnes in 2020 and is forecast to reach 8.42 Million Tonnes by 2030, growing at a healthy CAGR of 6.62% until 2030. The anticipated growth in the Specialty Fibers market is attributed to increasing demand for composite compounds with lightweight and high strength properties across various end-user industries such as transportation, aerospace, marine, and others. The increasing demand for specialty fiber owing to its superior properties including high durability, etc., as compared to conventionally used natural fiber worldwide is the major driver for the forecast period.
There has been an exponential increase in the overall consumption of Specialty Fibers for the manufacturing of various fiber products following changing consumer preferences and fashion trends such as waterproof, stretchability, and other parameters in the textile industry.In addition, inadequate supply, and availability of natural fibers such as cotton also drive the demand for Specialty Fibers globally.

This Specialty fibers market growth is also driven by magnificent growth observed in the demand for carbon fibers, one of the most significant Specialty Fiber used in aerospace and aircraft Types owing to its lightweight, strong, and stiff nature and hence can be used as a good substitute for steel across these industries.
In addition, increasing industrialization and construction activities following the rise in disposable income globally further augment the Specialty Fiber consumption which is added to foremost construction material viz., concrete and paints to ensure proper sticking of the respective compounds as well as provide fire resistance and resistance to various other environmental hazards.
In 2020, the outspread of the COVID-19 pandemic across the globe, put a significant halt in the growth curve of Specialty Fiber total global demand, backed by numerous restrictions imposed by the government of various developing nations like India, China, the USA, and others to contain the life-threatening disease spread.Manufacturing units were temporarily shut down and the disruption in the supply chain was observed.

Shortage of raw materials coupled with trade restrictions impacted the market adversely. However, the overall global Specialty Fibers demand is anticipated to recover in the forecast period owing to the resumption in the construction activities post the upliftment of restrictions imposed in operations across several regions to contain the COVID-19 spread.

Years Considered for this Report:

Historical Years: 2015 – 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 – 2030

This report will be delivered on an online digital platform with one-year subscription and quarterly update.

Objective of the Study:

• The primary objective of the study was to evaluate and forecast the Specialty Fibers capacity, production, demand, inventory, and demand–supply gap globally.
• To categorize Specialty Fibers demand based on end use, Type, region and distribution channel
• To identify major customers of Specialty Fibers globally.
• To evaluate and forecast Specialty Fibers pricing globally.
• To identify and profile major companies operating globally Specialty Fibers market.
• To identify major news, deals and expansion plans globally Specialty Fibers market.

Some of the major players operating in the global Specialty Fibers market are DowDuPont, Teijin Limited, Jushi Group, Honeywell International Inc, Royal DSM, Toray Industries Inc., Formosa Plastics Corp, Sinopec Yizheng Chemical Fibre, Bluestar Fibres, Teijin Limited, Guangdong Charming and others.

Specialty Fibers is a crude oil derivative and hence its price is directly linked to the fluctuations in crude oil prices internationally.Volatility in the prices of crude oil has remained a major challenge for Specialty Fibers manufacturers in 2020.

Specialty Fibers prices remained under pressure in the first half of the year weighed over by an unprecedented fall in crude oil and demand slowdown during Q1-2020 and Q2-2020.

To extract data for Global Specialty Fibers market, primary research surveys were conducted with Specialty Fibers manufacturers, suppliers, distributors, wholesalers and end users.While interviewing, the respondents were also inquired about their competitors.

Through this technique, the analyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, the analyst examined various end user segments and projected a positive outlook for Global Specialty Fibers market over the coming years.
The analyst calculated Specialty Fibers demand globally by analyzing the historical data and demand forecast which was carried out considering the end use industries growth.The analyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size.

Various secondary sources such as company websites, association reports, annual reports, etc., were also studied .

Key Target Audience

• Specialty Fibers manufacturers and other stakeholders
• Organizations, forums and alliances related to Specialty Fibers distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as Specialty Fibers manufacturers, distributors and policymakers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.

Report Scope:

In this report, the Global Specialty Fibers market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, by Type Spandex, Carbon Fiber, Aramid Fiber, High-strength Polyethylene, Others
Market, by End Use Aerospace, Sports Equipment, Automotive, Electrical and Electronics, Defense and Others
Market, by Distribution Channel Direct/Institutional Sales, Retail Sales, Other Channel Sales
Market, by Region North America, APAC, Europe, MEA, South America

Market, by Region

North America United States, Mexico, Canada
APAC China, India, Japan, South Korea, Singapore, Indonesia, Thailand
Europe Germany, Russia, France, United Kingdom, Spain, Italy
MEA Saudi Arabia, UAE, South Africa
South America Brazil, Argentina, Colombia

Available Customizations:

With the given market data, the analyst offers customizations according to a company’s specific needs.

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