Polypropylene Fiber Market Size

Polypropylene Fiber Market Size

Polypropylene Fiber Market size had registered over USD 3.5 billion in 2020 and is expected to exhibit considerable growth at a CAGR of over 3% from 2021 to 2027 owing to rising population, recovering economic conditions, and changing living standards will influence the demand for durable & lighter fibers for diverse applications including automotive, construction, etc.

To get key market trends

  Download Free Sample

Polypropylene fiber is one of the lightest synthetic fibers, which is derived from thermoplastic polymer polypropylene. The rapid growth of industrial activities specifically in emerging economies will augment product demand. Polypropylene nonwoven fibers are significantly used to produce filtration fabrics, which are predominantly used in the filtration process in any manufacturing industry. The fibers can separate unwanted dust particles significantly by enhancing filtration capacity. Moreover, developments in the Asia Pacific household appliances industry will be a key factor to provide huge opportunities for the polypropylene fiber market to expand its revenue in the region.
 

Increased production and sales of products, such as air conditioners, vacuum cleaners, water purification systems, etc., will drive the demand for polypropylene nonwovens in this region. Owing to its excellent flexibility, chemical resistance, and anti-abrasive properties, polypropylene fiber is extensively used in certain industrial usages such as paints and coatings applications. In addition, polypropylene fiber products have several advantages due to their easy recyclability that offers a better option for various usages such as packaging and upholstery activities.
 

Challenging requirements and stringent government regulations will sustain the demand for polypropylene fibers through 2027. For instance, to improve tensile strength and mechanical performance, polypropylene fibers are actively used in concrete mixtures in many major construction projects. However, price fluctuations of polypropylene resin owing to turbulence in naphtha prices are likely to restrict the business growth in the near future. In the past few years, crude oil prices have witnessed a high degree of price uncertainty, which created ambiguity in naphtha prices. Furthermore, factors including geopolitical issues, demand-supply gap, etc., are expected to suppress the polypropylene fiber market share over the assessment period.