Market Overview:
The global triacetate fiber market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The triacetate fiber market is segmented on the basis of type, application and region. On the basis of type, the triacetate fiber market is segmented into bright and without light. Bright triacetate fibers are used in high-quality applications such as aerospace and automobile, while without light fibers are used in lower quality applications such as consumer goods. On the basis of application, the triacetate fiber market is segmented into aerospace, automobile, consumer goods and others. The Others segment includes medical textiles and industrial textiles among others. North America dominates the global Tri acetate Fiber Market with a share of more than 30%, followed by Europe and Asia Pacific respectively In terms of value In 2030 North America Is Expected To Reach A Value Of US$ 1 Bn And Register A CAGR Of 4%.
Product Definition:
Triacetate fiber is a synthetic fiber made from acetate. Triacetate is very strong, durable, and resistant to shrinking and stretching. It is often used for making clothing, upholstery, and other textiles.
Bright:
bright is a high-performance, acetate-based fiber developed by DuPont for use in the textile industry. It has superior properties such as quick drying, resistance to shrinking and expanding, high luster & gloss finish and excellent elasticity. Bright can be used in apparel textiles and upholstery applications where good appearance is important.
Without Light:
Triacetate Fiber (Taflon) is a man-made fiber that has been used in diverse applications such as military clothing, filtration, and heat shielding. It is also known as a flame retardant. Taflon exhibits superior properties such as high tensile strength and abrasion resistance at low temperatures which makes it suitable for use in various industries including military & defense, automotive & transportation, construction equipment industry among others.
Application Insights:
The aerospace application segment accounted for the largest revenue share of over 40% in 2017. The product is used as a replacement for asbestos and talc, which are commonly found minerals in friction materials. As per the U.S. Department of Transportation (DOT), around 60% to 80% of friction products contain asbestos or related minerals, which require to be removed before aircraft can fly after renovation or maintenance work is done on an existing aircraft fleet.
Triacetate fibers are also used in automobile brake pads and linings as they provide better heat resistance compared with conventional organic compounds such as carbon blacks, iron oxides and phenolic resins without affecting vehicle noise or feel when applied onto automotive rotors and drums during manufacturing process of brake systems & drums respectively by way of compounding operation using various raw materials including metal powders, oils slurry binders polyester resin binder etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries, such as automotive, consumer goods, and aerospace. Increasing disposable income levels coupled with rapid urbanization are also likely to contribute toward industry expansion over the next eight years.
The aerospace sector in Asia Pacific is anticipated to witness significant development owing to increasing air passenger traffic across major airports including Hong Kong International Airport (HKIA), Singapore Changi Airport (SIN), Kansai International Airport (KIX) among others. This will drive product demand for aircraft interior applications including seat covers, carpets as well as floor mats which will have a positive impact on industry growth over the coming years.
Europe was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand from the apparel industry for high-quality, lightweight fabrics
- Growing popularity of athleisurewear and other activewear styles
- Rising awareness of the environmental benefits of Triacetate Fiber over traditional synthetic fibers
- Advances in textile manufacturing technologies that improve the quality and durability of Triacetate Fiber products
- Increased demand from emerging markets such as China and India
Scope Of The Report
Report Attributes
Report Details
Report Title
Triacetate Fiber Market Research Report
By Type
Bright, Without Light
By Application
Aerospace, Automobile, Consumer Goods
By Companies
Aditya Birla Group, Asahi Kasei Fibers Corporation, Eastman Chemical Company, Mitsubishi Rayon, ES FiberVisions
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Triacetate Fiber Market Report Segments:
The global Triacetate Fiber market is segmented on the basis of:
Types
Bright, Without Light
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
Aerospace, Automobile, Consumer Goods
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:
- Aditya Birla Group
- Asahi Kasei Fibers Corporation
- Eastman Chemical Company
- Mitsubishi Rayon
- ES FiberVisions
Highlights of The Triacetate 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:
- Bright
- Without Light
- By Application:
- Aerospace
- Automobile
- Consumer Goods
- 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 Triacetate 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?
Triacetate fiber is a type of fiber that helps to keep you feeling full after eating. It can also help to reduce the risk of heart disease and other chronic diseases.
Some of the major companies in the triacetate fiber market are Aditya Birla Group, Asahi Kasei Fibers Corporation, Eastman Chemical Company, Mitsubishi Rayon, ES FiberVisions.
The triacetate fiber market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Triacetate 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 Triacetate Fiber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Triacetate 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 Triacetate 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 Triacetate Fiber Market Size & Forecast, 2018-2028
4.5.1 Triacetate Fiber Market Size and Y-o-Y Growth
4.5.2 Triacetate Fiber Market Absolute $ Opportunity
Chapter 5 Global Triacetate 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 Triacetate Fiber Market Size Forecast by Type
5.2.1 Bright
5.2.2 Without Light
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Triacetate 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 Triacetate Fiber Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Automobile
6.2.3 Consumer Goods
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Triacetate 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 Triacetate 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 Triacetate Fiber Analysis and Forecast
9.1 Introduction
9.2 North America Triacetate 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 Triacetate Fiber Market Size Forecast by Type
9.6.1 Bright
9.6.2 Without Light
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 Triacetate Fiber Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Automobile
9.10.3 Consumer Goods
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 Triacetate Fiber Analysis and Forecast
10.1 Introduction
10.2 Europe Triacetate 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 Triacetate Fiber Market Size Forecast by Type
10.6.1 Bright
10.6.2 Without Light
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 Triacetate Fiber Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Automobile
10.10.3 Consumer Goods
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 Triacetate Fiber Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Triacetate 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 Triacetate Fiber Market Size Forecast by Type
11.6.1 Bright
11.6.2 Without Light
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 Triacetate Fiber Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Automobile
11.10.3 Consumer Goods
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 Triacetate Fiber Analysis and Forecast
12.1 Introduction
12.2 Latin America Triacetate 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 Triacetate Fiber Market Size Forecast by Type
12.6.1 Bright
12.6.2 Without Light
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 Triacetate Fiber Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Automobile
12.10.3 Consumer Goods
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) Triacetate Fiber Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Triacetate 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) Triacetate Fiber Market Size Forecast by Type
13.6.1 Bright
13.6.2 Without Light
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) Triacetate Fiber Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Automobile
13.10.3 Consumer Goods
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 Triacetate Fiber Market: Competitive Dashboard
14.2 Global Triacetate Fiber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aditya Birla Group
14.3.2 Asahi Kasei Fibers Corporation
14.3.3 Eastman Chemical Company
14.3.4 Mitsubishi Rayon
14.3.5 ES FiberVisions
