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The value of PP fiber in the global market

View: 25105/04/2023  

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Polypropylene fiber is a thermoplastic man-made fiber that has a wide range of applications in geotextiles, hygiene products, spinning melts, pharmaceuticals, electrical, electronics, automotive, construction and other industries.  Polypropylene fiber is valued at about $10 billion in the global market.

The global polypropylene fiber market can be segmented on the basis of:

• Based on form: Based on the type of form, the global polypropylene market is segmented into staple fiber and continuous form.  Of the two forms, short polypropylene fibers have the largest share of the global polypropylene fiber market, with more than 55%.

• Application-based: Based on application type, the global polypropylene market is segmented into concrete, geotextile, hygiene products, industrial fabrics, interior decoration fabrics, and others.  Among them, industrial fabrics accounted for the highest share, more than 30%.

• Application-based: Based on process type, the global polypropylene market is segmented into spunbond, spunmelt, wet lay, dry paving, and others.

• Based on End User: Based on the type of end-user, the global polypropylene market is segmented into construction, medical, automotive, filter, home, and others including sports, agriculture, and others.  In all these industries, the home is the largest end-user segment as it is widely used in carpets, furniture, tablecloths, etc., followed by construction.

• Region-based: Based on the type of end-user, the global polypropylene market is segmented into North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa.

Asia Pacific has the largest share of the global polypropylene fiber market with more than 35%, followed by North America and Europe.  In the Asia-Pacific region, China holds the largest share due to its strong production capacity and demand for polypropylene in industries such as the automotive and textile industries.  Countries such as India, Japan, Indonesia and South Korea also have high demand for polypropylene.

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