Dublin, May 14, 2019 (GLOBE NEWSWIRE) -- The "Global Polypropylene Fiber Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The polypropylene fiber market will register a CAGR of over 5% by 2023.
Polypropylene fiber exhibits several features suitable for manufacturing clothing and surgical textile products including face masks, gauzes, and adhesive tapes. Furthermore, many textile companies are setting up manufacturing units in the emerging economies for the production of surgical textile products, in turn, boosting the demand for polypropylene fiber market during the forecast period.
Growing textile industry
One of the growth drivers of the global polypropylene fiber market is the growing textile industry. The demand for polypropylene fiber is increasing as it is the primarily used raw material in the textile industry for manufacturing products such as carpets.
Volatile raw material prices
One of the challenges in the growth of the global polypropylene fiber market is the volatile raw material prices. Fluctuations in oil prices adversely affect the cost of propylene, which is produced through steam cracking and catalytic reforming processes.
Competitive Landscape
The market appears to be moderately fragmented with the presence of several market players. Many polypropylene-manufacturing companies are focusing on investing in research and development related to the large-scale production of bio-based polypropylene.
This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
Key Players
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY END-USER
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/mgdfbx
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