Lucintel's latest market report analyzed that microfiber provides attractive opportunities in the household, commercial, industrial, furniture, and automotive industries. The microfiber market is expected to reach $XX billion by 2027 with a CAGR of 3.5%. In this market, polyester is the largest segment by material, whereas household is largest by end use. Development of microfiber for wet-laid process and introduction of PVA infused microfiber provides strategic growth path in this market.
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Based on material, the microfiber market is segmented into polyester, polyamide, and others. The polyester segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to the polyester market is expected to remain the largest segment due to its soft, durable, electrostatic, and filtering properties.
Browse in-depth TOC on “Microfiber Market”
130 – Tables
157 – Figures
226 – Pages
The Microfiber Market is marked by the presence of several big and small players. Some of the prominent players offering microfiber include Toray Industries, Kuraray, Huafon Group, 3M, and Freudenberg Group.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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