Microfiber Market: An Exclusive Study on Upcoming Trends and Growth Opportunities

Opportunities in the microfiber market have evolved through a number of stages i.e. from introduction of ultra-fine fibers to bubble melt electrospinning process. Lucintel has found the future of this market to be promising; the microfiber market is expected to grow at a CAGR of 2.7%. In this market, polyester is the largest segment by material, whereas household is largest by end use industry. Players can benefit from the available opportunities like increasing demand for microfibers in shoes, furniture, bags, cleaning cloths, automotive, and electronics industries.

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Toray Industries, Kuraray, Huafon Group, 3M, Freudenberg Group, Eastman, Kolon Group, Welcron, Asahi Kasei, Seiren Group, Sanfang Chemical, Acelon, Far Eastern Group, Eurow, Sangdong Tongda, and Double Elephant and others are some of the companies profiled in this report.

Some of the features of this report:

• Market size estimates:Microfiber market size estimation in terms of value ($M) shipment.
• Trend and forecast analysis:Market trend (2014-2019) and forecast (2020-2025) by segments and region.
• Segmentation analysis: Microfiber market size by various segments such as material, application, product type, and end use industry in terms of value and volume shipment.
• Regional analysis:Microfiber market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth opportunities:Analysis on growth opportunities in different applications and regions of microfiber in the microfiber market.
• Strategic analysis:This includes M&A, new product development, and competitive landscape of microfiber in the microfiber market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

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This exclusive report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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Contact Information:

Tel. 972.636.5056
Cell: 303.775.0751