The low melting fibers market is estimated to expand at a CAGR of 6.9% from 2023 to 2032.
The low melting fiber market size was estimated to be US$ 2.08 Billion in 2022.
The increasing environmental concerns over traditional synthetic fibers are driving demand for low melting fibers, which are recyclable and environmentally friendly.
The polyester segment is the largest owing to the widespread use of polyester fibers in various end-use industries, such as textiles, filtration, and non-woven fabrics.
The fastest-growing end-user industry segment is the automotive industry. The demand for low melting fibers is increasing in the automotive industry due to the need for lightweight and strong components in vehicles.
The North America market for low melting fibers is growing, due to the increasing demand for composites and non-woven fabrics in the region. The aerospace and automotive industries in North America are driving demand for low melting fibers in the composites industry.
Albany Engineered Composites (US), Changshu Dachang Fiber Polyester Co. Ltd. (China), China National Complete Plant Import & Export Corporation (China), Daekwang Chemical Co. Ltd. (South Korea), Hubei Xintong Science and Technology Co. Ltd. (China), Hyosung Corporation (South Korea), Kaneka Corporation (Japan), Mitsubishi Chemical Corporation (Japan), Nantong Jianan Medical Material Co. Ltd. (China), Nippon Electric Glass Co. Ltd. (Japan), Shanghai Ruizheng Chemical Technology Co. Ltd. (China), Sichuan Dehengte New Material Technology Co. Ltd. (China), Taekwang Industrial Co. Ltd. (South Korea), Toyobo Co. Ltd. (Japan), and Toray Industries Inc among others, are the biggest companies in the low melting fibers market.
The largest end-user industry in the global low melting fiber market is the textile industry. This is due to the increasing demand for low melting fiber-based non-woven fabrics in the manufacture of disposable products, such as masks, diapers, and wipes.
The polyester type is the largest owing to the widespread use of polyester fibers in various end-use industries, such as textiles, filtration, and non-woven fabrics.
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