What Has Been The Evolution of the Low Melting Fiber Market in Recent Years?
The low melting fiber market has seen considerable growth due to a variety of factors.
• In recent years, we've seen significant growth in the low melting fiber market size. The forecast shows an increase from $2.19 billion in 2024 to $2.33 billion in 2025 with a compound annual growth rate (CAGR) of 6.6%.
The historical growth of this market is driven by the textile and nonwoven industry, as well as the expansion of the automotive industry, and increased demand for sustainability, eco-friendly materials, and medical and hygiene products.
What Is the Forecasted Market Size and Growth Rate for The Low Melting Fiber Market Size In The Coming Years?
The low melting fiber market is expected to maintain its strong growth trajectory in upcoming years.
• Strong growth is anticipated in the low melting fiber market in the upcoming years, with the market size projected to surge to $2.94 billion in 2029, exhibiting a compound annual growth rate (CAGR) of 5.9%.
The growth during the forecasted duration can be credited to the escalating demand for nonwoven fabrics, expansion of the construction sector, burgeoning demand within the bedding industry, along with rising requirements from medical and aerospace industries. Predominant trends during the forecast period encompass advancements in fiber technology, augmented implementation of low melting fibers in 3d printing, novel products of low melting fiber, and mounting investments by private entities in the low melting fiber sector.
What Factors Are Driving Growth In The Low Melting Fiber Market?
The low-melting fiber market's expansion is anticipated to be fuelled by the rising demand for mattresses. Mattresses, which are cushioned surfaces designed for sleep and rest, are often made from a variety of materials and come in various sizes and degrees of firmness. Low-melting fiber plays a crucial role in the manufacture of mattresses, enhancing their overall quality. It not only provides improved comfort and support to the mattresses but also enhances their longevity by ensuring better bonding during production. As per Mattress Clarity, a company in the United States specializing in mattress reviews and comparisons, the mattress industry was worth $50.61 billion in 2022 and predicted to rise to $52.45 billion by 2024. The industry's value is expected to hit $78.34 billion by 2030. As a result, the increased demand for mattresses is set to bolster the low-melting fiber market's growth. The growth of the low-melting fiber market is also set to be fueled by the rising demand within the construction industry. Construction involves the creation, assembly, or erection of structures, facilities, or other physical infrastructure. Low-melting fibers are utilized in a myriad of applications within the construction sector, enhancing the durability, thermal capacities, acoustic performance, and filtration properties of construction materials. In November 2023, according to the Office for National Statistics, a UK government department, newer construction projects saw a rise of £18,161 million ($19.96 million) in 2022. The private sector led this growth with an increase of 16.8%, closely followed by the public sector with 13.1%. This rising demand within the construction industry is therefore set to drive the low-melting fiber market's expansion.
What Are The Main Segments Of The Global Low Melting Fiber Market?
The low melting fiber market covered in this report is segmented –
1) By Type: Melting Point Below 130 Degrees Celsius, Melting Point Above 130 Degrees Celsius
2) By Structure Type: Sheath Or Core, Side By Side
3) By Application: Automotive Industry, Construction, Bedding Industry, Other Applications
Subsegments:
1) By Melting Point Below 130 Degrees Celsius: Polyethylene (PE) Fibers, Polypropylene (PP) Fibers, Polyvinyl Acetate (PVA) Fibers
2) By Melting Point Above 130 Degrees Celsius: Polyamide (PA) Fibers, Polyester Fibers, Polyethylene Terephthalate (PET) Fibers
Pre-Book The Low Melting Fiber Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
How Are New Trends Impacting The Size Of The Low Melting Fiber Market?
Leading companies in the low-melting fiber market are concentrating on shaping sustainable strategies to maintain their market standing. For example, in August 2024, Unifi, Inc, a US-based firm that produces and sells recycled and synthetic items introduced a white-dyeable filament yarn and ThermaLoop insulation. The white-dyeable filament yarn is a high-grade polyester derived from 100% recycled feedstock, with a minimum of 50% coming from textile waste, hitting virgin-quality conditions and integrating FiberPrint tracer technology for U-Trust certification. The ThermaLoop insulation exhibits inventive insulation answers in down-like fiber, fibreball, and padding shapes, built with Repreve low melt fiber for better thermal efficiency. The dark insulation variation exemplifies the varied textile waste that can be employed as feedstock, endorsing sustainable procedures in supply networks. Concurrently, these products hasten Unifi’s objective of recycling the equivalent of 1.5 billion t-shirts worth of textile waste by 2030.
Who Are the Key Players In The Low Melting Fiber Market?
Major companies operating in the low melting fiber market are:
• BASF SE
• Mitsubishi Chemical Corporation
• Saudi Arabia's Basic Industries Corporation (SABIC)
• Asahi Kasei Corporation
• Sumitomo Chemical Company Limited
• Evonik Industries AG
• DuPont De Nemours Inc.
• Eastman Chemical Company
• Lanxess Corporation
• Formosa Plastics Corporation
• Far Eastern New Century
• Teijin Limited
• Nan Ya Plastics Corporation
• Kuraray Co. Ltd.
• Hyosung Corporation
• Toyobo Co. Ltd.
• Taekwang Industrial Co. Ltd.
• Huvis Corporation
• Xiamen Xianglu Chemical Fiber Co. Ltd.
• Kolon Industries
• Fiber Visions Corporation
• Thai Poly Acrylic
• Toray Chemical Korea Inc.
• Zhejiang Hengyi Group Co. Ltd.
• Hickory Springs Manufacturing Company.
What Is The Most Dominant Region In The Low Melting Fiber Market?
Asia-Pacific was the largest region in the low melting fiber market in 2024. The regions covered in low-melting fiber market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
