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Thursday, March 21, 2024

Lucintel Forecasts the Global Low Melting Fiber Market to Reach $3 Billion by 2030

According to a market report by Lucintel, the future of the global low melting fiber market looks promising with opportunities in the mattress, bedding, padding, and car molding applications. The global low melting fiber market is expected to reach an estimated $3 billion by 2030 with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are growing demand for eco-friendly and sustainable materials in textile and apparel industries, rising demand for specialty mattresses, and expanding popularity of non-woven fabrics.

A more than 150–page report is developed to understand Trends, opportunity and forecast in low melting fiber market to 2030 by type (melting point ≤130 and melting point >130), application (mattress, bedding, padding, car molding, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, melting point ≤130 and melting point >130 are the major segments of low melting fiber market by type. Lucintel forecasts that melting point ≤130 will remain the larger segment over the forecast period due to its various features, such as superior resilience, improved mixing properties, and bonding.

Within this market, mattress will remain the largest segment due to its rising demand from institutional and commercial sectors, such as the corporate, educational, and medical sectors, as well as from households.

Download sample by clicking on low melting fiber market.

North America is expected to witness highest growth over the forecast period due to significant demand for low melting fiber from the textile and automotive industries of the region.

Huvis, TORAY CHEMICAL, Taekwang Industrial, NINGBO DAFA CHEMICAL FIBER, Yangzhou Tianfulong, NAN YA PLASTICS, and Hickory Springs are the major suppliers in the low melting fiber market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1 972.636.5056

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