Global Microfiber Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Microfiber Market Size, Manufacturers, Opportunities and Forecast to 2030


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.

According to APO Research, The global Microfiber market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

China is the largest market for microfibers, accounting for about 40%, followed by Japan with about 20%.

Toray, Kuraray, Sheng Hong Group, Asahi Kasei and Kolon are the main producers, with the top three accounting for about 15% of the market.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Microfiber, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Microfiber.

The Microfiber market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Microfiber market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

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

Microfiber segment by Type

Long Microfiber
Short Microfiber

Microfiber segment by Application

Microfiber Leather
Microfiber Cleaning Cloths
Others

Microfiber Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Microfiber market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Microfiber and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Microfiber.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Microfiber manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Microfiber in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Microfiber Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Microfiber Sales Estimates and Forecasts (2019-2030)
1.3 Microfiber Market by Type
1.3.1 Long Microfiber
1.3.2 Short Microfiber
1.4 Global Microfiber Market Size by Type
1.4.1 Global Microfiber Market Size Overview by Type (2019-2030)
1.4.2 Global Microfiber Historic Market Size Review by Type (2019-2024)
1.4.3 Global Microfiber Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Microfiber Sales Breakdown by Type (2019-2024)
1.5.2 Europe Microfiber Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Microfiber Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Microfiber Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Microfiber Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Microfiber Industry Trends
2.2 Microfiber Industry Drivers
2.3 Microfiber Industry Opportunities and Challenges
2.4 Microfiber Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Microfiber Revenue (2019-2024)
3.2 Global Top Players by Microfiber Sales (2019-2024)
3.3 Global Top Players by Microfiber Price (2019-2024)
3.4 Global Microfiber Industry Company Ranking, 20
22 VS 2023 VS 2024
3.5 Global Microfiber Key Company Manufacturing Sites & Headquarters
3.6 Global Microfiber Company, Product Type & Application
3.7 Global Microfiber Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Microfiber Market CR5 and HHI
3.8.2 Global Top 5 and
10 Microfiber Players Market Share by Revenue in 2023
3.8.3 20
23 Microfiber Tier 1, Tier 2, and Tier 3
4 Microfiber Regional Status and Outlook
4.1 Global Microfiber Market Size and CAGR by Region: 20
19 VS 2023 VS 2030
4.2 Global Microfiber Historic Market Size by Region
4.2.1 Global Microfiber Sales in Volume by Region (2019-2024)
4.2.2 Global Microfiber Sales in Value by Region (2019-2024)
4.2.3 Global Microfiber Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Microfiber Forecasted Market Size by Region
4.3.1 Global Microfiber Sales in Volume by Region (2025-2030)
4.3.2 Global Microfiber Sales in Value by Region (2025-2030)
4.3.3 Global Microfiber Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Microfiber by Application
5.1 Microfiber Market by Application
5.1.1 Microfiber Leather
5.1.2 Microfiber Cleaning Cloths
5.1.3 Others
5.2 Global Microfiber Market Size by Application
5.2.1 Global Microfiber Market Size Overview by Application (2019-2030)
5.2.2 Global Microfiber Historic Market Size Review by Application (2019-2024)
5.2.3 Global Microfiber Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Microfiber Sales Breakdown by Application (2019-2024)
5.3.2 Europe Microfiber Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Microfiber Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Microfiber Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Microfiber Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Toray
6.1.1 Toray Comapny Information
6.1.2 Toray Business Overview
6.1.3 Toray Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Toray Microfiber Product Portfolio
6.1.5 Toray Recent Developments
6.2 Kuraray
6.2.1 Kuraray Comapny Information
6.2.2 Kuraray Business Overview
6.2.3 Kuraray Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Kuraray Microfiber Product Portfolio
6.2.5 Kuraray Recent Developments
6.3 Asahi Kasei
6.3.1 Asahi Kasei Comapny Information
6.3.2 Asahi Kasei Business Overview
6.3.3 Asahi Kasei Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Asahi Kasei Microfiber Product Portfolio
6.3.5 Asahi Kasei Recent Developments
6.4 Kolon
6.4.1 Kolon Comapny Information
6.4.2 Kolon Business Overview
6.4.3 Kolon Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Kolon Microfiber Product Portfolio
6.4.5 Kolon Recent Developments
6.5 Teijin
6.5.1 Teijin Comapny Information
6.5.2 Teijin Business Overview
6.5.3 Teijin Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Teijin Microfiber Product Portfolio
6.5.5 Teijin Recent Developments
6.6 Sheng Hong Group
6.6.1 Sheng Hong Group Comapny Information
6.6.2 Sheng Hong Group Business Overview
6.6.3 Sheng Hong Group Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Sheng Hong Group Microfiber Product Portfolio
6.6.5 Sheng Hong Group Recent Developments
6.7 3M
6.7.1 3M Comapny Information
6.7.2 3M Business Overview
6.7.3 3M Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.7.4 3M Microfiber Product Portfolio
6.7.5 3M Recent Developments
6.8 Eastman
6.8.1 Eastman Comapny Information
6.8.2 Eastman Business Overview
6.8.3 Eastman Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Eastman Microfiber Product Portfolio
6.8.5 Eastman Recent Developments
6.9 Sanfang
6.9.1 Sanfang Comapny Information
6.9.2 Sanfang Business Overview
6.9.3 Sanfang Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Sanfang Microfiber Product Portfolio
6.9.5 Sanfang Recent Developments
6.
10 KB Seiren
6.10.1 KB Seiren Comapny Information
6.10.2 KB Seiren Business Overview
6.10.3 KB Seiren Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.10.4 KB Seiren Microfiber Product Portfolio
6.10.5 KB Seiren Recent Developments
6.
11 Hexin
6.11.1 Hexin Comapny Information
6.11.2 Hexin Business Overview
6.11.3 Hexin Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Hexin Microfiber Product Portfolio
6.11.5 Hexin Recent Developments
6.
12 Duksung
6.12.1 Duksung Comapny Information
6.12.2 Duksung Business Overview
6.12.3 Duksung Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Duksung Microfiber Product Portfolio
6.12.5 Duksung Recent Developments
6.
13 Norwex
6.13.1 Norwex Comapny Information
6.13.2 Norwex Business Overview
6.13.3 Norwex Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Norwex Microfiber Product Portfolio
6.13.5 Norwex Recent Developments
6.
14 SISA
6.14.1 SISA Comapny Information
6.14.2 SISA Business Overview
6.14.3 SISA Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.14.4 SISA Microfiber Product Portfolio
6.14.5 SISA Recent Developments
6.
15 Vileda
6.15.1 Vileda Comapny Information
6.15.2 Vileda Business Overview
6.15.3 Vileda Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Vileda Microfiber Product Portfolio
6.15.5 Vileda Recent Developments
6.
16 Acelon Chemical
6.16.1 Acelon Chemical Comapny Information
6.16.2 Acelon Chemical Business Overview
6.16.3 Acelon Chemical Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.16.4 Acelon Chemical Microfiber Product Portfolio
6.16.5 Acelon Chemical Recent Developments
6.
17 Huafon Microfibre
6.17.1 Huafon Microfibre Comapny Information
6.17.2 Huafon Microfibre Business Overview
6.17.3 Huafon Microfibre Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.17.4 Huafon Microfibre Microfiber Product Portfolio
6.17.5 Huafon Microfibre Recent Developments
6.
18 Double Elephant
6.18.1 Double Elephant Comapny Information
6.18.2 Double Elephant Business Overview
6.18.3 Double Elephant Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.18.4 Double Elephant Microfiber Product Portfolio
6.18.5 Double Elephant Recent Developments
6.
19 Far Eastern
6.19.1 Far Eastern Comapny Information
6.19.2 Far Eastern Business Overview
6.19.3 Far Eastern Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.19.4 Far Eastern Microfiber Product Portfolio
6.19.5 Far Eastern Recent Developments
6.
20 Wanhua
6.20.1 Wanhua Comapny Information
6.20.2 Wanhua Business Overview
6.20.3 Wanhua Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.20.4 Wanhua Microfiber Product Portfolio
6.20.5 Wanhua Recent Developments
6.
21 Ningbo Green Textile
6.21.1 Ningbo Green Textile Comapny Information
6.21.2 Ningbo Green Textile Business Overview
6.21.3 Ningbo Green Textile Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.21.4 Ningbo Green Textile Microfiber Product Portfolio
6.21.5 Ningbo Green Textile Recent Developments
6.
22 Tricol
6.22.1 Tricol Comapny Information
6.22.2 Tricol Business Overview
6.22.3 Tricol Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.22.4 Tricol Microfiber Product Portfolio
6.22.5 Tricol Recent Developments
6.
23 Meisheng
6.23.1 Meisheng Comapny Information
6.23.2 Meisheng Business Overview
6.23.3 Meisheng Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.23.4 Meisheng Microfiber Product Portfolio
6.23.5 Meisheng Recent Developments
6.
24 Hengli
6.24.1 Hengli Comapny Information
6.24.2 Hengli Business Overview
6.24.3 Hengli Microfiber Sales, Revenue and Gross Margin (2019-2024)
6.24.4 Hengli Microfiber Product Portfolio
6.24.5 Hengli Recent Developments
7 North America by Country
7.1 North America Microfiber Sales by Country
7.1.1 North America Microfiber Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.1.2 North America Microfiber Sales by Country (2019-2024)
7.1.3 North America Microfiber Sales Forecast by Country (2025-2030)
7.2 North America Microfiber Market Size by Country
7.2.1 North America Microfiber Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.2.2 North America Microfiber Market Size by Country (2019-2024)
7.2.3 North America Microfiber Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Microfiber Sales by Country
8.1.1 Europe Microfiber Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.1.2 Europe Microfiber Sales by Country (2019-2024)
8.1.3 Europe Microfiber Sales Forecast by Country (2025-2030)
8.2 Europe Microfiber Market Size by Country
8.2.1 Europe Microfiber Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.2.2 Europe Microfiber Market Size by Country (2019-2024)
8.2.3 Europe Microfiber Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Microfiber Sales by Country
9.1.1 Asia-Pacific Microfiber Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.1.2 Asia-Pacific Microfiber Sales by Country (2019-2024)
9.1.3 Asia-Pacific Microfiber Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Microfiber Market Size by Country
9.2.1 Asia-Pacific Microfiber Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.2.2 Asia-Pacific Microfiber Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Microfiber Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Microfiber Sales by Country
10.1.1 Latin America Microfiber Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.1.2 Latin America Microfiber Sales by Country (2019-2024)
10.1.3 Latin America Microfiber Sales Forecast by Country (2025-2030)
10.2 Latin America Microfiber Market Size by Country
10.2.1 Latin America Microfiber Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.2.2 Latin America Microfiber Market Size by Country (2019-2024)
10.2.3 Latin America Microfiber Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Microfiber Sales by Country
11.1.1 Middle East and Africa Microfiber Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.1.2 Middle East and Africa Microfiber Sales by Country (2019-2024)
11.1.3 Middle East and Africa Microfiber Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Microfiber Market Size by Country
11.2.1 Middle East and Africa Microfiber Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.2.2 Middle East and Africa Microfiber Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Microfiber Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Microfiber Value Chain Analysis
12.1.1 Microfiber Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Microfiber Production Mode & Process
12.2 Microfiber Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Microfiber Distributors
12.2.3 Microfiber Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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