Market Overview:
The global milled fiber market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for plastic composites, adhesives, coatings, and other applications from various end-use industries. In terms of type, the 1/8 inch segment is expected to hold the largest share of the global milled fiber market during the forecast period. This can be attributed to its high strength and stiffness properties as compared to other types of milled fibers.
Product Definition:
Milled fiber is a raw material that is used to produce paper. It is made by grinding down wood into very small pieces. The importance of milled fiber is that it produces a high quality paper that can be used for printing and writing.
1/8 Inch:
1/8 inch is a type of woodworking tool known as a milled fiber or cut-off tool. It's used to cut off small pieces of wood from 1/4 - 3/8 inches in length. The size and shape of the piece can be customized according to the project requirements.
1/16 Inch:
1/16 inch is a unit of measurement for the thickness of material or the width of cut in materials. It is equal to 0.0625 inches or about 25 microns.
Application Insights:
The plastic composites application segment accounted for the largest revenue share of over 30% in 2017. Plastic is one of the most abundant materials on earth and its utilization as a structural material has been increasing continuously since the dawn of history. The global production value for plastics increased by 5.9% from 2016 to 2017, according to data published by World Bank in January 2018. This significant increase in demand for plastic composite materials has created a huge potential market for milling products across the globe during recent years.
Plastic composites are used extensively in automotive & transportation applications owing to their lightweight properties and high strength-to-weight ratio which makes them an ideal replacement material or supplementing material for metals and other engineering plastics such as polypropylene (PP) and polystyrene (PS).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region, with a CAGR of XX% from 2018 to 2030. The regional market is majorly driven by China and India due to their massive manufacturing sector and rapid industrialization over the past few years. In addition, rising disposable income coupled with an increasing population in these countries will drive the demand further.
The U.S., Mexico, Canada are also contributing significantly towards industry growth owing to high product demand in end-use industries such as construction and automotive in North America region on account of growing infrastructure needs across various sectors including healthcare, education facilities along with automotive production plants for lightweight vehicles which requires high strength plastics as raw material for component manufacturing that includes body panels, hoods etc.).
Growth Factors:
- Increasing demand from the packaging industry for lightweight and sustainable materials is expected to drive the growth of the milled fiber market over the forecast period.
- Growing demand for insulation materials in construction sector is projected to fuel the growth of milled fiber market.
- Rising awareness about environment-friendly products is anticipated to propel the growth of global milled fiber market over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Milled Fiber Market Research Report
By Type
1/8 Inch, 1/16 Inch, 1/32 Inch
By Application
Plastic Composites, Adhesives, Coatings, Other
By Companies
Nippon Electric Glass, Corazzi Fiber, Central Glass Co.，Ltd., Trojan Fiberglass, Owens Corning, Nittobo, MAS Epoxies
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Milled Fiber Market Report Segments:
The global Milled Fiber market is segmented on the basis of:
Types
1/8 Inch, 1/16 Inch, 1/32 Inch
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
Plastic Composites, Adhesives, Coatings, 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:
- Nippon Electric Glass
- Corazzi Fiber
- Central Glass Co.，Ltd.
- Trojan Fiberglass
- Owens Corning
- Nittobo
- MAS Epoxies
Highlights of The Milled Fiber 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:
- 1/8 Inch
- 1/16 Inch
- 1/32 Inch
- By Application:
- Plastic Composites
- Adhesives
- Coatings
- 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 Milled Fiber 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Milled fiber is a type of fiber that has been ground into very small pieces. This type of fiber is often used in products such as bread, pasta, and cereal because it helps to keep the food texture consistent and prevents it from becoming too dense.
Some of the major companies in the milled fiber market are Nippon Electric Glass, Corazzi Fiber, Central Glass Co.，Ltd., Trojan Fiberglass, Owens Corning, Nittobo, MAS Epoxies.
The milled fiber 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 Milled Fiber 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 Milled Fiber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Milled Fiber 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 Milled Fiber 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 Milled Fiber Market Size & Forecast, 2018-2028
4.5.1 Milled Fiber Market Size and Y-o-Y Growth
4.5.2 Milled Fiber Market Absolute $ Opportunity
Chapter 5 Global Milled Fiber 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 Milled Fiber Market Size Forecast by Type
5.2.1 1/8 Inch
5.2.2 1/16 Inch
5.2.3 1/32 Inch
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Milled Fiber 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 Milled Fiber Market Size Forecast by Applications
6.2.1 Plastic Composites
6.2.2 Adhesives
6.2.3 Coatings
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Milled Fiber 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 Milled Fiber 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 Milled Fiber Analysis and Forecast
9.1 Introduction
9.2 North America Milled Fiber 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 Milled Fiber Market Size Forecast by Type
9.6.1 1/8 Inch
9.6.2 1/16 Inch
9.6.3 1/32 Inch
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 Milled Fiber Market Size Forecast by Applications
9.10.1 Plastic Composites
9.10.2 Adhesives
9.10.3 Coatings
9.10.4 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 Milled Fiber Analysis and Forecast
10.1 Introduction
10.2 Europe Milled Fiber 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 Milled Fiber Market Size Forecast by Type
10.6.1 1/8 Inch
10.6.2 1/16 Inch
10.6.3 1/32 Inch
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 Milled Fiber Market Size Forecast by Applications
10.10.1 Plastic Composites
10.10.2 Adhesives
10.10.3 Coatings
10.10.4 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 Milled Fiber Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Milled Fiber 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 Milled Fiber Market Size Forecast by Type
11.6.1 1/8 Inch
11.6.2 1/16 Inch
11.6.3 1/32 Inch
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 Milled Fiber Market Size Forecast by Applications
11.10.1 Plastic Composites
11.10.2 Adhesives
11.10.3 Coatings
11.10.4 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 Milled Fiber Analysis and Forecast
12.1 Introduction
12.2 Latin America Milled Fiber 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 Milled Fiber Market Size Forecast by Type
12.6.1 1/8 Inch
12.6.2 1/16 Inch
12.6.3 1/32 Inch
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 Milled Fiber Market Size Forecast by Applications
12.10.1 Plastic Composites
12.10.2 Adhesives
12.10.3 Coatings
12.10.4 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) Milled Fiber Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Milled Fiber 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) Milled Fiber Market Size Forecast by Type
13.6.1 1/8 Inch
13.6.2 1/16 Inch
13.6.3 1/32 Inch
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) Milled Fiber Market Size Forecast by Applications
13.10.1 Plastic Composites
13.10.2 Adhesives
13.10.3 Coatings
13.10.4 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 Milled Fiber Market: Competitive Dashboard
14.2 Global Milled Fiber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nippon Electric Glass
14.3.2 Corazzi Fiber
14.3.3 Central Glass Co.，Ltd.
14.3.4 Trojan Fiberglass
14.3.5 Owens Corning
14.3.6 Nittobo
14.3.7 MAS Epoxies
