Global Microfiber Market Growth 2023-2029

Global Microfiber Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Microfiber Industry Forecast” looks at past sales and reviews total world Microfiber sales in 2022, providing a comprehensive analysis by region and market sector of projected Microfiber sales for 2023 through 2029. With Microfiber sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Microfiber industry.
This Insight Report provides a comprehensive analysis of the global Microfiber landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Microfiber portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Microfiber market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Microfiber and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Microfiber.
The global Microfiber market size is projected to grow from US$ 665.8 million in 2022 to US$ 763.3 million in 2029; it is expected to grow at a CAGR of 763.3 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Microfiber market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Long Microfiber
Short Microfiber
Segmentation by application
Microfiber Leather
Microfiber Cleaning Cloths
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Microfiber market?
What factors are driving Microfiber market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Microfiber market opportunities vary by end market size?
How does Microfiber break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.