According to the recent study the polyethylene fiber market is projected to reach an estimated $3.0 billion by 2030 from $2.6 billion in 2023, at a CAGR of 3.7% from 2023 to 2030. Growth in this market is primarily driven by end use industry such as health and hygiene, personal care, consumer goods and packaging.
Browse 139 figures / charts and 190 tables in this 178 -page report to understand trends, opportunities and forecast in polyethylene fiber market by polymer type (metallocene and others), application (staple fiber and continuous yarn), process (melt blown, spun-bond, filament extrusion and others), end use (hygiene and mask, filtration, medical/surgical, consumer goods, industrial and others), and region (North America, Europe, Asia Pacific, and Rest of the World).
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Lucintel forecasts that hygiene and mask will remain the largest end use segment and is also expected to witness the highest growth over the forecast period due to increase in production of non-woven mask, gloves, gowns, and other protective wears as a precautionary measure of corona virus.
Staple fiber polyethylene fiber will remain the largest segment and it is expected to witness the highest growth over the forecast period due to due to growth in various applications such as apparel, automotive, home furnishings.
Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period due to growth in end-use industries and also increasing industrial activities in the countries like China and India. A large number of emerging manufacturers from APAC is also expected to reduce import dependency and is expected to drive the polyethylene market in future.
Honeywell International, Belgian Fiber SA, International Fibers Group Holdings Ltd., SABIC, and DSM are the major suppliers in the polyethylene fiber providers.
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