The global Microfiber market size was valued at US$ 665.8 million in 2023. With growing demand in downstream market, the Microfiber is forecast to a readjusted size of US$ 763.3 million by 2030 with a CAGR of 2.0% during review period.
The research report highlights the growth potential of the global Microfiber market. Microfiber are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Microfiber. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Microfiber market.
Microfiber is synthetic fiber finer than one denier or decitex/thread. However, recently, there is no uniform definition of international fine fibers. In Japan, microfiber is less than 0.3 dtex. German Textile Association monofilament polyester fiber linear density of less than 1.2 dtex, polyamide fiber linear density of less than 1.0 dtex is called superfine fibers; and Montefibre company 鈥榮 linear density of less than 0.55 dtex polyester fiber called microfiber; US PET Commission defines that 0.3 dtex ~ 1.0 dtex fiber is defined as ultra-fine fibers; AKZO company believes microfiber upper limit should be 0.3 dtex, but most people accepted definition dpf <1.0 dtex fibers are microfibers and dpf <0.1 dtex fibers called ultrafine fibers. In china microfiber is less than 2.2 dtex and most global manufacturers produce the microfibers that are less than 0.3 dtex.
The most common types of microfibers are made from polyesters, polyamides (e.g., nylon, Kevlar, Nomex, trogamide), or a conjugation of polyester, polyamide, and polypropylene (Prolen). Microfiber is used to make mats, knits, and weaves for apparel, upholstery, industrial filters, and cleaning products. The shape, size, and combinations of synthetic fibers are selected for specific characteristics, including softness, toughness, absorption, water repellency, electrostatics, and filtering capabilities.
In the report, we define 0-0.3 dtex is short microfiber and 0.3-1.2 dtex is long microfiber. And the volume of microfiber is calculated by all the microfiber less than 1.2 dtex.
In fact, microfiber is generally used directly in downstream products. In the market, the sales of microfiber only hold a small part of total microfiber.
China is the largest market for microfibers, accounting for about 40%, followed by Japan with about 20%.
Toray, Kuraray, Sheng Hong Group, Asahi Kasei and Kolon are the main producers, with the top three accounting for about 15% of the market.
Key Features:
The report on Microfiber market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Microfiber market. It may include historical data, market segmentation by Type (e.g., Long Microfiber, Short Microfiber), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Microfiber market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Microfiber market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Microfiber industry. This include advancements in Microfiber technology, Microfiber new entrants, Microfiber new investment, and other innovations that are shaping the future of Microfiber.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Microfiber market. It includes factors influencing customer ' purchasing decisions, preferences for Microfiber product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Microfiber market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Microfiber market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Microfiber market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Microfiber industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Microfiber market.
Market Segmentation:
Microfiber market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Long Microfiber
Short Microfiber
Segmentation by application
Microfiber Leather
Microfiber Cleaning Cloths
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Toray
Kuraray
Asahi Kasei
Kolon
Teijin
Sheng Hong Group
3M
Eastman
Sanfang
KB Seiren
Hexin
Duksung
Norwex
SISA
Vileda
Acelon Chemical
Huafon Microfibre
Double Elephant
Far Eastern
Wanhua
Ningbo Green Textile
Tricol
Meisheng
Hengli
Key Questions Addressed in this Report
What is the 10-year outlook for the global Microfiber market?
What factors are driving Microfiber market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Microfiber market opportunities vary by end market size?
How does Microfiber break out type, application?
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1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Microfiber Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Microfiber by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Microfiber by Country/Region, 2019, 2023 & 2030
2.2 Microfiber Segment by Type
2.2.1 Long Microfiber
2.2.2 Short Microfiber
2.3 Microfiber Sales by Type
2.3.1 Global Microfiber Sales Market Share by Type (2019-2024)
2.3.2 Global Microfiber Revenue and Market Share by Type (2019-2024)
2.3.3 Global Microfiber Sale Price by Type (2019-2024)
2.4 Microfiber Segment by Application
2.4.1 Microfiber Leather
2.4.2 Microfiber Cleaning Cloths
2.4.3 Others
2.5 Microfiber Sales by Application
2.5.1 Global Microfiber Sale Market Share by Application (2019-2024)
2.5.2 Global Microfiber Revenue and Market Share by Application (2019-2024)
2.5.3 Global Microfiber Sale Price by Application (2019-2024)
3 Global Microfiber by Company
3.1 Global Microfiber Breakdown Data by Company
3.1.1 Global Microfiber Annual Sales by Company (2019-2024)
3.1.2 Global Microfiber Sales Market Share by Company (2019-2024)
3.2 Global Microfiber Annual Revenue by Company (2019-2024)
3.2.1 Global Microfiber Revenue by Company (2019-2024)
3.2.2 Global Microfiber Revenue Market Share by Company (2019-2024)
3.3 Global Microfiber Sale Price by Company
3.4 Key Manufacturers Microfiber Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Microfiber Product Location Distribution
3.4.2 Players Microfiber Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Microfiber by Geographic Region
4.1 World Historic Microfiber Market Size by Geographic Region (2019-2024)
4.1.1 Global Microfiber Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Microfiber Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Microfiber Market Size by Country/Region (2019-2024)
4.2.1 Global Microfiber Annual Sales by Country/Region (2019-2024)
4.2.2 Global Microfiber Annual Revenue by Country/Region (2019-2024)
4.3 Americas Microfiber Sales Growth
4.4 APAC Microfiber Sales Growth
4.5 Europe Microfiber Sales Growth
4.6 Middle East & Africa Microfiber Sales Growth
5 Americas
5.1 Americas Microfiber Sales by Country
5.1.1 Americas Microfiber Sales by Country (2019-2024)
5.1.2 Americas Microfiber Revenue by Country (2019-2024)
5.2 Americas Microfiber Sales by Type
5.3 Americas Microfiber Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Microfiber Sales by Region
6.1.1 APAC Microfiber Sales by Region (2019-2024)
6.1.2 APAC Microfiber Revenue by Region (2019-2024)
6.2 APAC Microfiber Sales by Type
6.3 APAC Microfiber Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Microfiber by Country
7.1.1 Europe Microfiber Sales by Country (2019-2024)
7.1.2 Europe Microfiber Revenue by Country (2019-2024)
7.2 Europe Microfiber Sales by Type
7.3 Europe Microfiber Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Microfiber by Country
8.1.1 Middle East & Africa Microfiber Sales by Country (2019-2024)
8.1.2 Middle East & Africa Microfiber Revenue by Country (2019-2024)
8.2 Middle East & Africa Microfiber Sales by Type
8.3 Middle East & Africa Microfiber Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Microfiber
10.3 Manufacturing Process Analysis of Microfiber
10.4 Industry Chain Structure of Microfiber
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Microfiber Distributors
11.3 Microfiber Customer
12 World Forecast Review for Microfiber by Geographic Region
12.1 Global Microfiber Market Size Forecast by Region
12.1.1 Global Microfiber Forecast by Region (2025-2030)
12.1.2 Global Microfiber Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Microfiber Forecast by Type
12.7 Global Microfiber Forecast by Application
13 Key Players Analysis
13.1 Toray
13.1.1 Toray Company Information
13.1.2 Toray Microfiber Product Portfolios and Specifications
13.1.3 Toray Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Toray Main Business Overview
13.1.5 Toray Latest Developments
13.2 Kuraray
13.2.1 Kuraray Company Information
13.2.2 Kuraray Microfiber Product Portfolios and Specifications
13.2.3 Kuraray Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Kuraray Main Business Overview
13.2.5 Kuraray Latest Developments
13.3 Asahi Kasei
13.3.1 Asahi Kasei Company Information
13.3.2 Asahi Kasei Microfiber Product Portfolios and Specifications
13.3.3 Asahi Kasei Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Asahi Kasei Main Business Overview
13.3.5 Asahi Kasei Latest Developments
13.4 Kolon
13.4.1 Kolon Company Information
13.4.2 Kolon Microfiber Product Portfolios and Specifications
13.4.3 Kolon Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Kolon Main Business Overview
13.4.5 Kolon Latest Developments
13.5 Teijin
13.5.1 Teijin Company Information
13.5.2 Teijin Microfiber Product Portfolios and Specifications
13.5.3 Teijin Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Teijin Main Business Overview
13.5.5 Teijin Latest Developments
13.6 Sheng Hong Group
13.6.1 Sheng Hong Group Company Information
13.6.2 Sheng Hong Group Microfiber Product Portfolios and Specifications
13.6.3 Sheng Hong Group Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Sheng Hong Group Main Business Overview
13.6.5 Sheng Hong Group Latest Developments
13.7 3M
13.7.1 3M Company Information
13.7.2 3M Microfiber Product Portfolios and Specifications
13.7.3 3M Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 3M Main Business Overview
13.7.5 3M Latest Developments
13.8 Eastman
13.8.1 Eastman Company Information
13.8.2 Eastman Microfiber Product Portfolios and Specifications
13.8.3 Eastman Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Eastman Main Business Overview
13.8.5 Eastman Latest Developments
13.9 Sanfang
13.9.1 Sanfang Company Information
13.9.2 Sanfang Microfiber Product Portfolios and Specifications
13.9.3 Sanfang Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Sanfang Main Business Overview
13.9.5 Sanfang Latest Developments
13.10 KB Seiren
13.10.1 KB Seiren Company Information
13.10.2 KB Seiren Microfiber Product Portfolios and Specifications
13.10.3 KB Seiren Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 KB Seiren Main Business Overview
13.10.5 KB Seiren Latest Developments
13.11 Hexin
13.11.1 Hexin Company Information
13.11.2 Hexin Microfiber Product Portfolios and Specifications
13.11.3 Hexin Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Hexin Main Business Overview
13.11.5 Hexin Latest Developments
13.12 Duksung
13.12.1 Duksung Company Information
13.12.2 Duksung Microfiber Product Portfolios and Specifications
13.12.3 Duksung Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Duksung Main Business Overview
13.12.5 Duksung Latest Developments
13.13 Norwex
13.13.1 Norwex Company Information
13.13.2 Norwex Microfiber Product Portfolios and Specifications
13.13.3 Norwex Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Norwex Main Business Overview
13.13.5 Norwex Latest Developments
13.14 SISA
13.14.1 SISA Company Information
13.14.2 SISA Microfiber Product Portfolios and Specifications
13.14.3 SISA Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 SISA Main Business Overview
13.14.5 SISA Latest Developments
13.15 Vileda
13.15.1 Vileda Company Information
13.15.2 Vileda Microfiber Product Portfolios and Specifications
13.15.3 Vileda Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 Vileda Main Business Overview
13.15.5 Vileda Latest Developments
13.16 Acelon Chemical
13.16.1 Acelon Chemical Company Information
13.16.2 Acelon Chemical Microfiber Product Portfolios and Specifications
13.16.3 Acelon Chemical Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 Acelon Chemical Main Business Overview
13.16.5 Acelon Chemical Latest Developments
13.17 Huafon Microfibre
13.17.1 Huafon Microfibre Company Information
13.17.2 Huafon Microfibre Microfiber Product Portfolios and Specifications
13.17.3 Huafon Microfibre Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.17.4 Huafon Microfibre Main Business Overview
13.17.5 Huafon Microfibre Latest Developments
13.18 Double Elephant
13.18.1 Double Elephant Company Information
13.18.2 Double Elephant Microfiber Product Portfolios and Specifications
13.18.3 Double Elephant Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.18.4 Double Elephant Main Business Overview
13.18.5 Double Elephant Latest Developments
13.19 Far Eastern
13.19.1 Far Eastern Company Information
13.19.2 Far Eastern Microfiber Product Portfolios and Specifications
13.19.3 Far Eastern Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.19.4 Far Eastern Main Business Overview
13.19.5 Far Eastern Latest Developments
13.20 Wanhua
13.20.1 Wanhua Company Information
13.20.2 Wanhua Microfiber Product Portfolios and Specifications
13.20.3 Wanhua Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.20.4 Wanhua Main Business Overview
13.20.5 Wanhua Latest Developments
13.21 Ningbo Green Textile
13.21.1 Ningbo Green Textile Company Information
13.21.2 Ningbo Green Textile Microfiber Product Portfolios and Specifications
13.21.3 Ningbo Green Textile Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.21.4 Ningbo Green Textile Main Business Overview
13.21.5 Ningbo Green Textile Latest Developments
13.22 Tricol
13.22.1 Tricol Company Information
13.22.2 Tricol Microfiber Product Portfolios and Specifications
13.22.3 Tricol Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.22.4 Tricol Main Business Overview
13.22.5 Tricol Latest Developments
13.23 Meisheng
13.23.1 Meisheng Company Information
13.23.2 Meisheng Microfiber Product Portfolios and Specifications
13.23.3 Meisheng Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.23.4 Meisheng Main Business Overview
13.23.5 Meisheng Latest Developments
13.24 Hengli
13.24.1 Hengli Company Information
13.24.2 Hengli Microfiber Product Portfolios and Specifications
13.24.3 Hengli Microfiber Sales, Revenue, Price and Gross Margin (2019-2024)
13.24.4 Hengli Main Business Overview
13.24.5 Hengli Latest Developments
14 Research Findings and Conclusion
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*If Applicable.
