Low Melting Fiber refers to a bi-component fiber used as a thermal bonding fiber and its structure is typically a sheath/core type. It is composed of a sheath polymer and a core polymer. The melting point of the sheath polymer is lower than that of the core polymer.
The global Low Melting Fiber industry has a rather high concentration. The major manufacturers are concentrated in Korea, and China, such as Huvis, Toray Chemical Korea, Far Eastern New Century, Nan Ya Plastics and XiangLu Chemical Fibers. At present, Huvis is the world leader, holding 30.40% production market share in 2017.
Low Melting Fiber downstream is wide and recently Low Melting Fiber has acquired increasing significance in various fields of Automotive, Bedding Industry, Construction and Others. Globally, the Low Melting Fiber market is mainly driven by growing demand for Automotive. Automotive accounts for nearly 52.98% of total downstream consumption of Low Melting Fiber in global.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, Low Melting Fiber consumption will show a trend of steady growth. In 2030 the consumption of Low Melting Fiber is estimated to be 1468.3 K MT. On product prices, the slow downward trend in recent years will maintain in the future.

The Global Low Melting Fiber Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.

As the report focuses on global Low Melting Fiber Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-

Huvis
Toray Chemical Korea
Far Eastern New Century
Nan Ya Plastics
XiangLu Chemical Fibers
Yangzhou Tianfulong
Ningbo Dafa
Taekwang
IFG Exelto NV
Hickory Springs
Dividan
Sinopec Yizheng Chemical Fibre
CNV Corporation
Shyam Fibers

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:

Melting Point ≤130 ℃
Melting Point >130 ℃
In Market segmentation by applications :

Automotive
Bedding Industry
Construction
Others

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Low Melting Fiber Market for the forecast period 2023 - 2030?
• What are the driving forces in the Low Melting Fiber Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Low Melting Fiber industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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