Microfiber Industry Research Report 2024

Microfiber Industry Research Report 2024


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 valued at US$ million in 2023 and is anticipated to reach 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 report will help the Microfiber manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Microfiber manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Microfiber by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Microfiber in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.
Chapter 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Microfiber by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.2.2 Long Microfiber
2.2.3 Short Microfiber
2.3 Microfiber by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Microfiber Leather
2.3.3 Microfiber Cleaning Cloths
2.3.4 Others
2.4 Global Market Growth Prospects
2.4.1 Global Microfiber Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Microfiber Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Microfiber Production Estimates and Forecasts (2019-2030)
2.4.4 Global Microfiber Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Microfiber Production by Manufacturers (2019-2024)
3.2 Global Microfiber Production Value by Manufacturers (2019-2024)
3.3 Global Microfiber Average Price by Manufacturers (2019-2024)
3.4 Global Microfiber Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Microfiber Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Microfiber Manufacturers, Product Type & Application
3.7 Global Microfiber Manufacturers, Date of Enter into This Industry
3.8 Global Microfiber Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Toray
4.1.1 Toray Microfiber Company Information
4.1.2 Toray Microfiber Business Overview
4.1.3 Toray Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.1.4 Toray Product Portfolio
4.1.5 Toray Recent Developments
4.2 Kuraray
4.2.1 Kuraray Microfiber Company Information
4.2.2 Kuraray Microfiber Business Overview
4.2.3 Kuraray Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.2.4 Kuraray Product Portfolio
4.2.5 Kuraray Recent Developments
4.3 Asahi Kasei
4.3.1 Asahi Kasei Microfiber Company Information
4.3.2 Asahi Kasei Microfiber Business Overview
4.3.3 Asahi Kasei Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.3.4 Asahi Kasei Product Portfolio
4.3.5 Asahi Kasei Recent Developments
4.4 Kolon
4.4.1 Kolon Microfiber Company Information
4.4.2 Kolon Microfiber Business Overview
4.4.3 Kolon Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.4.4 Kolon Product Portfolio
4.4.5 Kolon Recent Developments
4.5 Teijin
4.5.1 Teijin Microfiber Company Information
4.5.2 Teijin Microfiber Business Overview
4.5.3 Teijin Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.5.4 Teijin Product Portfolio
4.5.5 Teijin Recent Developments
4.6 Sheng Hong Group
4.6.1 Sheng Hong Group Microfiber Company Information
4.6.2 Sheng Hong Group Microfiber Business Overview
4.6.3 Sheng Hong Group Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.6.4 Sheng Hong Group Product Portfolio
4.6.5 Sheng Hong Group Recent Developments
4.7 3M
4.7.1 3M Microfiber Company Information
4.7.2 3M Microfiber Business Overview
4.7.3 3M Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.7.4 3M Product Portfolio
4.7.5 3M Recent Developments
4.8 Eastman
4.8.1 Eastman Microfiber Company Information
4.8.2 Eastman Microfiber Business Overview
4.8.3 Eastman Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.8.4 Eastman Product Portfolio
4.8.5 Eastman Recent Developments
4.9 Sanfang
4.9.1 Sanfang Microfiber Company Information
4.9.2 Sanfang Microfiber Business Overview
4.9.3 Sanfang Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.9.4 Sanfang Product Portfolio
4.9.5 Sanfang Recent Developments
4.10 KB Seiren
4.10.1 KB Seiren Microfiber Company Information
4.10.2 KB Seiren Microfiber Business Overview
4.10.3 KB Seiren Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.10.4 KB Seiren Product Portfolio
4.10.5 KB Seiren Recent Developments
4.11 Hexin
4.11.1 Hexin Microfiber Company Information
4.11.2 Hexin Microfiber Business Overview
4.11.3 Hexin Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.11.4 Hexin Product Portfolio
4.11.5 Hexin Recent Developments
4.12 Duksung
4.12.1 Duksung Microfiber Company Information
4.12.2 Duksung Microfiber Business Overview
4.12.3 Duksung Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.12.4 Duksung Product Portfolio
4.12.5 Duksung Recent Developments
4.13 Norwex
4.13.1 Norwex Microfiber Company Information
4.13.2 Norwex Microfiber Business Overview
4.13.3 Norwex Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.13.4 Norwex Product Portfolio
4.13.5 Norwex Recent Developments
4.14 SISA
4.14.1 SISA Microfiber Company Information
4.14.2 SISA Microfiber Business Overview
4.14.3 SISA Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.14.4 SISA Product Portfolio
4.14.5 SISA Recent Developments
4.15 Vileda
4.15.1 Vileda Microfiber Company Information
4.15.2 Vileda Microfiber Business Overview
4.15.3 Vileda Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.15.4 Vileda Product Portfolio
4.15.5 Vileda Recent Developments
4.16 Acelon Chemical
4.16.1 Acelon Chemical Microfiber Company Information
4.16.2 Acelon Chemical Microfiber Business Overview
4.16.3 Acelon Chemical Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.16.4 Acelon Chemical Product Portfolio
4.16.5 Acelon Chemical Recent Developments
4.17 Huafon Microfibre
4.17.1 Huafon Microfibre Microfiber Company Information
4.17.2 Huafon Microfibre Microfiber Business Overview
4.17.3 Huafon Microfibre Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.17.4 Huafon Microfibre Product Portfolio
4.17.5 Huafon Microfibre Recent Developments
4.18 Double Elephant
4.18.1 Double Elephant Microfiber Company Information
4.18.2 Double Elephant Microfiber Business Overview
4.18.3 Double Elephant Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.18.4 Double Elephant Product Portfolio
4.18.5 Double Elephant Recent Developments
4.19 Far Eastern
4.19.1 Far Eastern Microfiber Company Information
4.19.2 Far Eastern Microfiber Business Overview
4.19.3 Far Eastern Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.19.4 Far Eastern Product Portfolio
4.19.5 Far Eastern Recent Developments
4.20 Wanhua
4.20.1 Wanhua Microfiber Company Information
4.20.2 Wanhua Microfiber Business Overview
4.20.3 Wanhua Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.20.4 Wanhua Product Portfolio
4.20.5 Wanhua Recent Developments
4.21 Ningbo Green Textile
4.21.1 Ningbo Green Textile Microfiber Company Information
4.21.2 Ningbo Green Textile Microfiber Business Overview
4.21.3 Ningbo Green Textile Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.21.4 Ningbo Green Textile Product Portfolio
4.21.5 Ningbo Green Textile Recent Developments
4.22 Tricol
4.22.1 Tricol Microfiber Company Information
4.22.2 Tricol Microfiber Business Overview
4.22.3 Tricol Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.22.4 Tricol Product Portfolio
4.22.5 Tricol Recent Developments
4.23 Meisheng
4.23.1 Meisheng Microfiber Company Information
4.23.2 Meisheng Microfiber Business Overview
4.23.3 Meisheng Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.23.4 Meisheng Product Portfolio
4.23.5 Meisheng Recent Developments
4.24 Hengli
4.24.1 Hengli Microfiber Company Information
4.24.2 Hengli Microfiber Business Overview
4.24.3 Hengli Microfiber Production Capacity, Value and Gross Margin (2019-2024)
4.24.4 Hengli Product Portfolio
4.24.5 Hengli Recent Developments
5 Global Microfiber Production by Region
5.1 Global Microfiber Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Microfiber Production by Region: 2019-2030
5.2.1 Global Microfiber Production by Region: 2019-2024
5.2.2 Global Microfiber Production Forecast by Region (2025-2030)
5.3 Global Microfiber Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Microfiber Production Value by Region: 2019-2030
5.4.1 Global Microfiber Production Value by Region: 2019-2024
5.4.2 Global Microfiber Production Value Forecast by Region (2025-2030)
5.5 Global Microfiber Market Price Analysis by Region (2019-2024)
5.6 Global Microfiber Production and Value, YOY Growth
5.6.1 North America Microfiber Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Microfiber Production Value Estimates and Forecasts (2019-2030)
5.6.3 China Microfiber Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan Microfiber Production Value Estimates and Forecasts (2019-2030)
5.6.5 South Korea Microfiber Production Value Estimates and Forecasts (2019-2030)
6 Global Microfiber Consumption by Region
6.1 Global Microfiber Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Microfiber Consumption by Region (2019-2030)
6.2.1 Global Microfiber Consumption by Region: 2019-2030
6.2.2 Global Microfiber Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Microfiber Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Microfiber Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Microfiber Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Microfiber Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Microfiber Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Microfiber Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Microfiber Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Microfiber Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Microfiber Production by Type (2019-2030)
7.1.1 Global Microfiber Production by Type (2019-2030) & (MT)
7.1.2 Global Microfiber Production Market Share by Type (2019-2030)
7.2 Global Microfiber Production Value by Type (2019-2030)
7.2.1 Global Microfiber Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Microfiber Production Value Market Share by Type (2019-2030)
7.3 Global Microfiber Price by Type (2019-2030)
8 Segment by Application
8.1 Global Microfiber Production by Application (2019-2030)
8.1.1 Global Microfiber Production by Application (2019-2030) & (MT)
8.1.2 Global Microfiber Production by Application (2019-2030) & (MT)
8.2 Global Microfiber Production Value by Application (2019-2030)
8.2.1 Global Microfiber Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Microfiber Production Value Market Share by Application (2019-2030)
8.3 Global Microfiber Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Microfiber Value Chain Analysis
9.1.1 Microfiber Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Microfiber Production Mode & Process
9.2 Microfiber Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Microfiber Distributors
9.2.3 Microfiber Customers
10 Global Microfiber Analyzing Market Dynamics
10.1 Microfiber Industry Trends
10.2 Microfiber Industry Drivers
10.3 Microfiber Industry Opportunities and Challenges
10.4 Microfiber Industry Restraints
11 Report Conclusion
12 Disclaimer

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