Bicomponent Fiber Market Size

Statistics for the 2023 & 2024 Bicomponent Fiber market size, created by Mordor Intelligence™ Industry Reports. Bicomponent Fiber size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Bicomponent Fiber Industry

Bicomponent Fiber Market Summary
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Study Period 2019 - 2029
Market Volume (2024) 0.81 Million tons
Market Volume (2029) 1.07 Million tons
CAGR (2024 - 2029) 5.64 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific

Major Players

Bicomponent Fiber Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Bicomponent Fiber Market Analysis

The Bicomponent Fiber Market size is estimated at 0.81 Million tons in 2024, and is expected to reach 1.07 Million tons by 2029, growing at a CAGR of 5.64% during the forecast period (2024-2029).

The COVID-19 pandemic, on a global scale, forced automakers, hygiene, medical, and non-woven textile products manufacturers to shut down their operations, lowering the demand for bicomponent fiber in 2022. The pandemic impacted almost every aspect of these industries, from product demand to workforce development to accelerating or decelerating trends already underway when it struck. Customers and their temporary production stops reduced production levels, and demand reductions significantly impacted production processes. However, the condition is expected to recover, restoring the growth trajectory of the market studied during the latter half of the forecast period.

  • In the long term, the growing adoption of bicomponent fiber in the hygiene industry and rising demand from the non-woven textile industry are expected to drive market demand.
  • Lack of consumer awareness and high production cost is expected to hinder the market's growth.
  • Nevertheless, future applications of recycled bicomponent fibers is expected to offer lucrative opportunities to the market.
  • Asia-Pacific accounted for the highest market share, and the region is likely to dominate the market during the forecast period.

Bicomponent Fiber Market Size & Share Analysis - Growth Trends & Forecasts (2024-2029)