Opportunities in the microfiber market have evolved through a number of stages i.e. from introduction of ultra-fine fibers to bubble melt electrospinning process. Lucintel has found the future of this market to be promising; the microfiber market is expected to grow at a CAGR of 2.7%. In this market, polyester is the largest segment by material, whereas household is largest by end use industry. Players can benefit from the available opportunities like increasing demand for microfibers in shoes, furniture, bags, cleaning cloths, automotive, and electronics industries.
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Toray Industries, Kuraray, Huafon Group, 3M, Freudenberg Group, Eastman, Kolon Group, Welcron, Asahi Kasei, Seiren Group, Sanfang Chemical, Acelon, Far Eastern Group, Eurow, Sangdong Tongda, and Double Elephant and others are some of the companies profiled in this report.
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This exclusive report from Lucintel 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 click on this link helpdesk@lucintel.com
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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