Who are the key players in Bicomponent Fiber Market?

Indorama Ventures Public Company Limited, Far Eastern New Century Corporation, JNC Corporation, KURARAY CO., LTD. and TORAY INDUSTRIES, INC. are the major companies operating in the Bicomponent Fiber Market. Read More

Which is the fastest growing region in Bicomponent Fiber Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Bicomponent Fiber Market?

In 2024, the Asia Pacific accounts for the largest market share in Bicomponent Fiber Market. Read More

What years does this Bicomponent Fiber Market cover, and what was the market size in 2023?

In 2023, the Bicomponent Fiber Market size was estimated at 0.77 million tons. The report covers the Bicomponent Fiber Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Bicomponent Fiber Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Bicomponent Fiber Market Size

Market Size of Bicomponent Fiber Industry

Study Period	2019 - 2029
Base Year For Estimation	2023
CAGR (2024 - 2029)	5.64 %
Fastest Growing Market	Asia Pacific
Largest Market	Asia Pacific
Market Concentration	Medium
Major Players *Disclaimer: Major Players sorted in no particular order

Bicomponent Fiber Market Analysis

The Bicomponent Fiber Market size is estimated at 0.81 Million tons in 2024, and is expected to reach 1.07 Million tons by 2029, growing at a CAGR of 5.64% during the forecast period (2024-2029).

The COVID-19 pandemic, on a global scale, forced automakers, hygiene, medical, and non-woven textile products manufacturers to shut down their operations, lowering the demand for bicomponent fiber in 2022. The pandemic impacted almost every aspect of these industries, from product demand to workforce development to accelerating or decelerating trends already underway when it struck. Customers and their temporary production stops reduced production levels, and demand reductions significantly impacted production processes. However, the condition is expected to recover, restoring the growth trajectory of the market studied during the latter half of the forecast period.

In the long term, the growing adoption of bicomponent fiber in the hygiene industry and rising demand from the non-woven textile industry are expected to drive market demand.
Lack of consumer awareness and high production cost is expected to hinder the market's growth.
Nevertheless, future applications of recycled bicomponent fibers is expected to offer lucrative opportunities to the market.
Asia-Pacific accounted for the highest market share, and the region is likely to dominate the market during the forecast period.

Bicomponent Fiber Industry Segmentation

Bicomponent fiber, or heterophil fiber, is a special class of synthetic fiber manufactured using two different polymers and then extruded as a single filament. This fiber combines the benefits of two polymers to obtain fibers with unique properties, such as effective thermal bonding, fine fibers, unique cross-section, easy customization, and others.

The bicomponent fiber market is segmented by material (Polyethylene (PE)/Polypropylene (PP), Polypropylene PP/Polyethylene Terephthalate (PET), high-density polyethylene/low-density polyethylene, polyester/polyethylene polyester/PBT, and other materials), structure types (shell-core, side-by-side, islands in the sea, and other structure types), end-user industry (non-woven textiles, automotive, hygiene, construction, medical, and other end-user industries), and geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa).

The report offers market size and forecasts for bicomponent fiber in terms of volume (tons) and revenue (USD) for all the above segments.

Material
		Polyethylene (PE)/Polypropylene (PP)
		Polypropylene (PP)/polyethylene Terephthalate (PET)
		High-density Polyethylene/Low-density Polyethylene
		Polyethylene/polyethylene Terephthalate (pet)
		Polyester/PBT
		Other Materials

Structure Types
		Sheath-core
		Side-by-Side
		Islands in the Sea
		Other Structure Types

End-user Industry
		Non-Woven Textiles
		Automotive
		Hygiene
		Construction
		Medical
		Other End-user Industries

Geography

Asia-Pacific
	China
	India
	Japan
	South Korea
	Rest of Asia-Pacific

North America
	United States
	Canada
	Mexico

Europe
	Germany
	United Kingdom
	Italy
	France
	Rest of Europe

South America
	Brazil
	Argentina
	Rest of South America

Middle-East and Africa
	Saudi Arabia
	South Africa
	Rest of Middle-East and Africa

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Bicomponent Fiber Market Size Summary

The bicomponent fiber market is poised for significant growth over the forecast period, driven by its increasing adoption in the hygiene and non-woven textile industries. These fibers are essential for producing nonwoven fabrics with desirable properties, making them a preferred choice for products like diapers, feminine care items, and medical supplies. The market experienced a temporary setback due to the COVID-19 pandemic, which disrupted operations across various sectors, but is expected to recover and continue its upward trajectory. Despite challenges such as high production costs and limited consumer awareness, the potential for recycled bicomponent fibers presents promising opportunities for market expansion.

The Asia-Pacific region currently holds the largest market share and is anticipated to maintain its dominance throughout the forecast period. This region's robust growth is supported by China's strong presence in the textile and clothing market, along with its burgeoning automotive and construction sectors. The demand for bicomponent fibers is further bolstered by innovations and expansions in the diaper manufacturing industry in countries like India. The market is characterized by a partial fragmentation, with key players such as Indorama Ventures, Far Eastern New Century Corporation, and TORAY INDUSTRIES, INC. actively contributing to its development. These companies are investing in new facilities and technologies to enhance production capabilities, ensuring a competitive landscape in the coming years.

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Bicomponent Fiber Market Size - Table of Contents

1. MARKET DYNAMICS
1. 1.1 Drivers
  1. 1.1.1 Growing Adoption of Bicomponent Fiber In the Hygiene Industry
  2. 1.1.2 Rising Demand From the Non-woven Textile Industry
2. 1.2 Restraints
  1. 1.2.1 Lack of Consumer Awareness and High Production Cost
3. 1.3 Industry Value-Chain Analysis
4. 1.4 Porter's Five Forces Analysis
  1. 1.4.1 Bargaining Power of Suppliers
  2. 1.4.2 Bargaining Power of Buyers
  3. 1.4.3 Threat of New Entrants
  4. 1.4.4 Threat of Substitute Products and Services
  5. 1.4.5 Degree of Competition
2. MARKET SEGMENTATION (Market Size in Volume and Revenue)
1. 2.1 Material
  1. 2.1.1 Polyethylene (PE)/Polypropylene (PP)
  2. 2.1.2 Polypropylene (PP)/polyethylene Terephthalate (PET)
  3. 2.1.3 High-density Polyethylene/Low-density Polyethylene
  4. 2.1.4 Polyethylene/polyethylene Terephthalate (pet)
  5. 2.1.5 Polyester/PBT
  6. 2.1.6 Other Materials
2. 2.2 Structure Types
  1. 2.2.1 Sheath-core
  2. 2.2.2 Side-by-Side
  3. 2.2.3 Islands in the Sea
  4. 2.2.4 Other Structure Types
3. 2.3 End-user Industry
  1. 2.3.1 Non-Woven Textiles
  2. 2.3.2 Automotive
  3. 2.3.3 Hygiene
  4. 2.3.4 Construction
  5. 2.3.5 Medical
  6. 2.3.6 Other End-user Industries
4. 2.4 Geography
  1. 2.4.1 Asia-Pacific
    1. 2.4.1.1 China
    2. 2.4.1.2 India
    3. 2.4.1.3 Japan
    4. 2.4.1.4 South Korea
    5. 2.4.1.5 Rest of Asia-Pacific
  2. 2.4.2 North America
    1. 2.4.2.1 United States
    2. 2.4.2.2 Canada
    3. 2.4.2.3 Mexico
  3. 2.4.3 Europe
    1. 2.4.3.1 Germany
    2. 2.4.3.2 United Kingdom
    3. 2.4.3.3 Italy
    4. 2.4.3.4 France
    5. 2.4.3.5 Rest of Europe
  4. 2.4.4 South America
    1. 2.4.4.1 Brazil
    2. 2.4.4.2 Argentina
    3. 2.4.4.3 Rest of South America
  5. 2.4.5 Middle-East and Africa
    1. 2.4.5.1 Saudi Arabia
    2. 2.4.5.2 South Africa
    3. 2.4.5.3 Rest of Middle-East and Africa