Market Overview:
The global macro synthetic fibre market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for concrete pavement, sidewalks, driveways, indoor floors and other applications across the globe. Additionally, factors such as rising construction spending and growing urbanization are also contributing towards the growth of this market. Based on type, the global macro synthetic fibre market is segmented into fibrillated type and monofilament type. The fibrillated type segment is expected to account for a larger share of the global macro synthetic fibre market in 2018 owing to its superior properties such as high strength-to-weight ratio and durability as compared to monofilament types. Based on application, the global macro synthetic fibre market is segmented into concrete pavement, sidewalks, driveways, indoor floors,, slipways,, spillways,, and other applications. Among these segments,. Indoor flooring held a dominant position in 2017 due with its growing demand from residential & commercial sectors across regions. Asia Pacific accounted for majority share of overall revenue generated by this application segment in 2017 followed by Europe.
Product Definition:
Macro synthetic fibre is a man-made fibre that is made from petrochemicals. It has a high strength-to-weight ratio and can be used in a variety of applications, including textiles, automotive parts, and construction materials.
Fibrillated Type:
Fibrillated fibers are synthetic fibers that have been treated to make them more pliable. They can be used in a wide range of applications including filtration, insulation, and medical devices. Fibrillated fiber market is expected to witness significant growth over the forecast period owing to its increasing demand from the medical industry for manufacturing surgical sutures & needles as it has high tensile strength which enables easy penetration into tissues with higher accuracy & precision.
Monofilament Type:
Monofilament type is a category of synthetic fiber that contains only one polymer core. The most common types of monofilaments are polyethylene, polypropylene and nylon. Nylon monofilament accounts for the largest market share owing to its properties such as high strength, elasticity and low cost which makes it suitable in various applications including apparel & accessories, automotive & aerospace industries.
Application Insights:
Concrete pavement was the largest application segment in terms of revenue and is expected to witness significant growth over the forecast period. Concrete pavements are used on a large scale for walkways, driveways, and other applications owing to their cost-effectiveness as compared to asphalt or concrete mixes.
The product helps maintain the structural integrity of concrete while providing resistance against cracking caused due to expansion and contraction caused by changes in temperature. It also helps reduce shrinkage cracks that may occur during cold weathers below freezing point. The aforementioned factors are projected to augment demand over the forecast period (see Table 1). Macro synthetic fibres help prevent damage caused by waterborne pollutants such as oil spills, chemicals from stormwater runoff or sewage effluent outfalls into waterways etc., which is further anticipated fuel industry growth over the next eight years (see Table 2).
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 60% in 2017. This is attributed to increasing construction activities and growing consumer disposable income levels, especially in China and India. In addition, rising demand for synthetic fibers from various end-use industries such as sports goods, military & defense, automotive is expected to drive the regional market over the forecast period.
The Asia Pacific was followed by Europe that accounted for 20% of total industry share owing to high product demand from countries including Germany and Italy coupled with stringent environmental regulations by bodies like OEKO-TEX® Standard Organization regarding synthetic fibers used for manufacturing products like textiles and clothing are driving factors impacting macro synthetics market growth positively.
Growth Factors:
- Increasing demand from the automotive and construction industries for lightweight materials that can improve fuel efficiency and reduce CO2 emissions
- Growing popularity of macro synthetic fibres in composites as a replacement for traditional materials such as glass fibre, carbon fibre and aramid fibres
- Rising demand for macro synthetic fibres in insulation applications due to their superior thermal properties
- Increasing use of macro synthetic fibres in filtration systems due to their high mechanical strength and chemical resistance
- Proliferation of new applications for macro synthetic fibres in areas such as medical implants, aerospace components and energy storage devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Macro Synthetic Fibre Market Research Report
By Type
Fibrillated Type, Monofilament Type
By Application
Concrete pavement, Sidewalks, Driveways, Indoor floors, Slipways, Spillways, Other
By Companies
Adfil, KraTos, FORTA-FERRO, GCP Applied Technologies, Normet, Sika, BASF, ABC Polymer, Propex, Euclid Chemical, BarChip
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Macro Synthetic Fibre Market Report Segments:
The global Macro Synthetic Fibre market is segmented on the basis of:
Types
Fibrillated Type, Monofilament Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Concrete pavement, Sidewalks, Driveways, Indoor floors, Slipways, Spillways, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Adfil
- KraTos
- FORTA-FERRO
- GCP Applied Technologies
- Normet
- Sika
- BASF
- ABC Polymer
- Propex
- Euclid Chemical
- BarChip
Highlights of The Macro Synthetic Fibre Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fibrillated Type
- Monofilament Type
- By Application:
- Concrete pavement
- Sidewalks
- Driveways
- Indoor floors
- Slipways
- Spillways
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Macro Synthetic Fibre Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Macro synthetic fibre is a type of synthetic fibre that is made up of smaller strands than micro synthetic fibres. Macro synthetic fibres are often used in clothing and other products because they are stronger and more durable than micro synthetic fibres.
Some of the major companies in the macro synthetic fibre market are Adfil, KraTos, FORTA-FERRO, GCP Applied Technologies, Normet, Sika, BASF, ABC Polymer, Propex, Euclid Chemical, BarChip.
The macro synthetic fibre market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Macro Synthetic Fibre Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Macro Synthetic Fibre Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Macro Synthetic Fibre Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Macro Synthetic Fibre Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Macro Synthetic Fibre Market Size & Forecast, 2020-2028
4.5.1 Macro Synthetic Fibre Market Size and Y-o-Y Growth
4.5.2 Macro Synthetic Fibre Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fibrillated Type
5.2.2 Monofilament Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Concrete pavement
6.2.2 Sidewalks
6.2.3 Driveways
6.2.4 Indoor floors
6.2.5 Slipways
6.2.6 Spillways
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Macro Synthetic Fibre Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Macro Synthetic Fibre Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fibrillated Type
9.6.2 Monofilament Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Concrete pavement
9.10.2 Sidewalks
9.10.3 Driveways
9.10.4 Indoor floors
9.10.5 Slipways
9.10.6 Spillways
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fibrillated Type
10.6.2 Monofilament Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Concrete pavement
10.10.2 Sidewalks
10.10.3 Driveways
10.10.4 Indoor floors
10.10.5 Slipways
10.10.6 Spillways
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fibrillated Type
11.6.2 Monofilament Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Concrete pavement
11.10.2 Sidewalks
11.10.3 Driveways
11.10.4 Indoor floors
11.10.5 Slipways
11.10.6 Spillways
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fibrillated Type
12.6.2 Monofilament Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Concrete pavement
12.10.2 Sidewalks
12.10.3 Driveways
12.10.4 Indoor floors
12.10.5 Slipways
12.10.6 Spillways
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fibrillated Type
13.6.2 Monofilament Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Concrete pavement
13.10.2 Sidewalks
13.10.3 Driveways
13.10.4 Indoor floors
13.10.5 Slipways
13.10.6 Spillways
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Macro Synthetic Fibre Market: Competitive Dashboard
14.2 Global Macro Synthetic Fibre Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Adfil
14.3.2 KraTos
14.3.3 FORTA-FERRO
14.3.4 GCP Applied Technologies
14.3.5 Normet
14.3.6 Sika
14.3.7 BASF
14.3.8 ABC Polymer
14.3.9 Propex
14.3.10 Euclid Chemical
14.3.11 BarChip
