The global low melting fiber market size was estimated to be US$ 2.08 Billion in 2022 and is expected grow at a CAGR of 6.9% between 2023 to 2032.
Low melting fibers are synthetic fibers that have a lower melting point compared to traditional synthetic fibers such as polyester, nylon, and polypropylene. They are made of thermoplastic materials and are commonly used in the manufacturing of filters, insulation materials, composites, non-woven fabrics, and other applications.
The low melting point of these fibers makes them unique compared to other synthetic fibers. They can be melted and molded into various shapes at relatively low temperatures, which makes them suitable for use in various industrial processes and applications. Additionally, their ability to fuse together makes them ideal for use in the production of non-woven fabrics and composites, where the fibers need to be interlaced to provide strength and stability.
Major drivers for growth:
Growing demand for air purifiers is driving demand in the filtration industry
Low melting fibers are seeing an increase in demand due to their properties and benefits. These fibers are widely used in filtration applications due to their good filtration efficiency and high temperature resistance. The growing demand for air purifiers and air conditioning systems is driving demand in the filtration industry.
In the construction industry, the need for energy-efficient insulation materials is driving demand for low melting fiber-based insulation materials. The demand for composites is growing in industries like automotive, aerospace, and construction due to their high strength and stability. Low melting fiber-based non-woven fabrics are also in high demand in industries like medical, hygiene, and textiles.
The increasing environmental concerns over traditional synthetic fibers are driving demand for low melting fibers, which are recyclable and environmentally friendly. Technological advancements in low melting fiber production, such as the development of new materials and production processes, are also driving the market's growth.
Type segmentation of Global Low Melting Fiber Market:
Fastest-growing type of low melting fibers is a polyamide
On the basis of type of low melting fibers, the market is segmented into Polyester, Polyamide, Polypropylene, and Other Fiber Type. Among these segments the polyester segment is the largest owing to the widespread use of polyester fibers in various end-use industries, such as textiles, filtration, and non-woven fabrics. Polyester fibers are known for their high strength and durability, making them suitable for a wide range of applications.
While the fastest growing segment among the different types of low melting fibers is a polyamide. This is due to the growing demand for high-performance fibers in various end-use industries, such as aerospace and composites.
Polyamide fibers are known for their high strength and toughness, making them suitable for use in demanding applications. Additionally, technological advancements in the production of polyamide fibers are expected to drive their demand in the market.
End-user Industry segmentation of Global Low Melting Fiber Market:
Rising demand for low-melting fibers is increasing in the automotive industry
On the basis of the end-user industries the market is segmented into Automotive, Aerospace, Textile, Construction, Medical, and Other Industries.
The largest end-user industry segment in the global low melting fiber market is the Textile industry. This is due to the increasing demand for low melting fiber-based non-woven fabrics in the manufacture of disposable products, such as masks, diapers, and wipes. Low melting fibers are used to produce non-woven fabrics, which are lightweight, soft, and highly absorbent, making them suitable for use in the medical and hygiene industries.
The fastest-growing end-user industry segment is the Automotive industry. The demand for low melting fibers is increasing in the automotive industry due to the need for lightweight and strong components in vehicles.
Low melting fibers are used in the production of composite materials, which provide high strength and stability. The use of composite materials in the automotive industry has increased due to the need for more fuel-efficient vehicles and the desire to reduce emissions.
The Construction industry is also growing, driven by the increasing demand for energy-efficient insulation materials. Low melting fiber-based insulation materials are used in building walls, roofs, and floors to improve energy efficiency and reduce heating and cooling costs.
The use of low melting fiber-based insulation materials has increased as the construction industry moves towards the production of energy-efficient homes and buildings.
Regional trends of the Global Low Melting Fiber Market:
Construction industry in Europe is increasingly using low-melting fiber-based insulation materials
Geographically, the global low melting fiber market covers North America, Europe, Asia-Pacific, Middle East and Africa, and South America. Geographically, the Asia-Pacific region is the largest segment in the global low melting fiber market, due to the presence of large-scale industries in countries such as China, India, and Japan.
The growing construction, automotive, and textiles industries in the region are driving demand for low melting fibers in the Asia-Pacific region. Additionally, the increasing demand for air purifiers and air conditioning systems in the region is also driving demand for low melting fibers in the filtration industry.
The fastest growing segment in the low melting fiber market is Europe, due to the increasing demand for energy-efficient insulation materials in the construction industry. The construction industry in Europe is increasingly using low melting fiber-based insulation materials in the production of energy-efficient homes and buildings. Additionally, the growth of the aerospace and automotive industries in Europe is driving demand for low melting fibers in the composites industry.
The North America market for low melting fibers is also growing, due to the increasing demand for composites and non-woven fabrics in the region. The aerospace and automotive industries in North America are driving demand for low melting fibers in the composites industry. The medical, hygiene, and textiles industries in the region are driving demand for low melting fibers in the non-woven fabrics industry.
The low melting fiber market in South America is expected to grow in the coming years, due to the growing construction, automotive, and textiles industries in the region. The Middle East and Africa market is also expected to grow, due to the increasing demand for composites and non-woven fabrics in the region.
Key players and market strategies:
The low melting fiber market is highly competitive, and companies are adopting various strategies to maintain their market position and increase their market share. One common strategy is expanding their production capabilities and capacities to meet the growing demand for low melting fibers. For example, companies are investing in the development of new low melting fiber materials and production processes to improve the quality and performance of their products.
Another growth strategy being adopted by companies is expanding their product portfolios to include a wider range of low melting fiber-based products. This allows them to tap into new and growing markets, such as the construction, automotive, and textiles industries. Companies are also expanding their geographic presence by entering new markets and establishing new sales and distribution networks to reach new customers and increase their market share.
In addition, companies are investing in research and development to create new and innovative low melting fiber-based products, such as composite materials with improved properties. They are also investing in marketing and promotional activities to increase brand awareness and promote their products to potential customers.
Collaborations and partnerships with other companies, such as suppliers and distributors, are also a common strategy, as they provide companies with access to new markets and customers, as well as resources and expertise. These growth strategies are expected to help companies remain competitive in the low melting fiber market and achieve sustainable growth in the future.
Some of the biggest companies operating in the global low melting fiber market are Albany Engineered Composites (US), Changshu Dachang Fiber Polyester Co. Ltd. (China), China National Complete Plant Import & Export Corporation (China), Daekwang Chemical Co. Ltd. (South Korea), Hubei Xintong Science and Technology Co. Ltd. (China), Hyosung Corporation (South Korea), Kaneka Corporation (Japan), Mitsubishi Chemical Corporation (Japan), Nantong Jianan Medical Material Co. Ltd. (China), Nippon Electric Glass Co. Ltd. (Japan), Shanghai Ruizheng Chemical Technology Co. Ltd. (China), Sichuan Dehengte New Material Technology Co. Ltd. (China), Taekwang Industrial Co. Ltd. (South Korea), Toyobo Co. Ltd. (Japan), and Toray Industries Inc. (Japan) and many more.
Market Segmentation:
By Type
- Polyester
- Polyamide
- Polypropylene
- Other Fiber Type
By End-user Industry
- Automotive
- Aerospace
- Textile
- Construction
- Medical
- Other Industries
By Region
- North America
- United States
- Canada
- Rest of North America
- Europe
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- India
- China
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- South America
- Brazil
- Rest of South America
