Market Overview:
The global polyolefin monofilament market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for polyolefin monofilaments from various applications, such as fishy/agricultural, industrial, consumer goods and others. Polypropylene (PP) is the most commonly used type of polyolefin monofilament and is expected to dominate the market during the forecast period. North America dominates the global polyolefin monofilament market and is followed by Europe, Asia Pacific, Latin America and Middle East & Africa respectively.
Product Definition:
A polymer made up of molecules with one main chain. Polyolefin monofilament is important because it is strong, flexible, and can be used in a variety of applications.
PP:
Polypropylene monofilament or PP is a polymer, which contains propylene as a building block. It has similar properties and structures like polyethylene monofilaments but with less density. Polypropylene Monofilament market is expected to grow at an estimated CAGR of XX% from 2016 to 2024.
PA:
Polyolefin monofilament or PA for short is a polymer, which is extensively used in the manufacturing of flexible polyurethane foams. It has high demand from various end-use industries such as automotive & transportation and building & construction. The growing automobile industry coupled with increasing urbanization across the globe has been driving the demand for flexible foams in automobiles, thereby propelling market growth over the past few years.
Application Insights:
The other applications of polyolefin monofilaments include food packaging, textile and medical applications. The fishy/agricultural application segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to increasing demand for biodegradable plastics from farmers who are increasingly adopting weed management practices that require lightweight materials that can be used as mulch.
Polyolefin monofilaments find their major use in manufacturing agricultural products such as horticultural netting, greenhouse shades & covers, soil retention bags and growbags among others owing to its properties such as strength, flexibility & durability at a reasonable cost. These plastics also have potential use in industrial purposes including cables & wires where they are used for insulation purposes on account of their high melting point which makes them resistant against corrosion caused by metal elements present in the environment around it during production or usage of an electrical appliance or device.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a revenue share of over 45%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing product demand from various end-use industries, such as construction, automotive, packaging and others.
The growth of the construction industry in emerging economies such as China and India is anticipated to drive product demand in building materials application segment. In addition, rising disposable income coupled with consumer shift towards high performance products will augment market growth during the forecast period.
The U.S., being one of the most important manufacturing hubs for automobiles among other industrial machinery has led to an increase in consumption levels across all applications segments including electrical & electronics and medical devices over past few years which bodes well for future growth prospects within North America regional scope.
Growth Factors:
- Increasing demand from the automotive industry for polyolefin monofilament as a substitute to metal wires for wiring harnesses and other components.
- Growing demand from the construction industry for polyolefin monofilament as a substitute to traditional materials such as steel wire, nylon rope, and cotton twine.
- Rising popularity of fishing as a recreational activity, which is driving growth in the global market for polyolefin monofilament fishing line products.
- Increasing use of polyolefin monofilament in horticulture applications due to its properties such as low weight, high strength, and resistance to UV radiation degradation.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyolefin Monofilament Market Research Report
By Type
PP, PA, Others
By Application
Fishy/Agricultural, Industrial, Consumer Goods, Others
By Companies
Toray, Superfil Products, Perlon, Jarden Applied Materials, Judin Industrial, Ruichang Special Monofilament, Ri-Thai, NTEC, VitasheetGroup, Teijin, Toray, Jintong, Tai Hing, Marmik
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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Polyolefin Monofilament Market Report Segments:
The global Polyolefin Monofilament market is segmented on the basis of:
Types
PP, PA, Others
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
Fishy/Agricultural, Industrial, Consumer Goods, Others
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:
- Toray
- Superfil Products
- Perlon
- Jarden Applied Materials
- Judin Industrial
- Ruichang Special Monofilament
- Ri-Thai
- NTEC
- VitasheetGroup
- Teijin
- Toray
- Jintong
- Tai Hing
- Marmik
Highlights of The Polyolefin Monofilament 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:
- PP
- PA
- Others
- By Application:
- Fishy/Agricultural
- Industrial
- Consumer Goods
- Others
- 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 Polyolefin Monofilament 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?
Polyolefin monofilament is a type of fishing line made from a polymer that has been treated with an oil-based compound to make it water resistant. This makes polyolefin monofilament ideal for use in wet environments, such as rivers and streams.
Some of the major companies in the polyolefin monofilament market are Toray, Superfil Products, Perlon, Jarden Applied Materials, Judin Industrial, Ruichang Special Monofilament, Ri-Thai, NTEC, VitasheetGroup, Teijin, Toray, Jintong, Tai Hing, Marmik.
The polyolefin monofilament 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 Polyolefin Monofilament 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 Polyolefin Monofilament Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Polyolefin Monofilament 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 Polyolefin Monofilament 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 Polyolefin Monofilament Market Size & Forecast, 2020-2028 4.5.1 Polyolefin Monofilament Market Size and Y-o-Y Growth 4.5.2 Polyolefin Monofilament 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 PP
5.2.2 PA
5.2.3 Others
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 Fishy/Agricultural
6.2.2 Industrial
6.2.3 Consumer Goods
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyolefin Monofilament 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 Polyolefin Monofilament 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 PP
9.6.2 PA
9.6.3 Others
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 Fishy/Agricultural
9.10.2 Industrial
9.10.3 Consumer Goods
9.10.4 Others
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 PP
10.6.2 PA
10.6.3 Others
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 Fishy/Agricultural
10.10.2 Industrial
10.10.3 Consumer Goods
10.10.4 Others
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 PP
11.6.2 PA
11.6.3 Others
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 Fishy/Agricultural
11.10.2 Industrial
11.10.3 Consumer Goods
11.10.4 Others
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 PP
12.6.2 PA
12.6.3 Others
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 Fishy/Agricultural
12.10.2 Industrial
12.10.3 Consumer Goods
12.10.4 Others
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 PP
13.6.2 PA
13.6.3 Others
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 Fishy/Agricultural
13.10.2 Industrial
13.10.3 Consumer Goods
13.10.4 Others
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 Polyolefin Monofilament Market: Competitive Dashboard
14.2 Global Polyolefin Monofilament Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toray
14.3.2 Superfil Products
14.3.3 Perlon
14.3.4 Jarden Applied Materials
14.3.5 Judin Industrial
14.3.6 Ruichang Special Monofilament
14.3.7 Ri-Thai
14.3.8 NTEC
14.3.9 VitasheetGroup
14.3.10 Teijin
14.3.11 Toray
14.3.12 Jintong
14.3.13 Tai Hing
14.3.14 Marmik