Global Specialty Fibers Market By Type, By End Use, By Sales Channel, By Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030

Format: Online | Last Updated: Feb 2021

The global Specialty Fibers overall demand is anticipated to grow at a CAGR of 4.78% during the forecast period from 2021-2030. The anticipated growth in the Specialty Fibers market is attributed to increasing demand for composite compounds with lightweight and high strength properties across various end-user industries such as transportation, aerospace, marine and others. Moreover, the increasing demand for the specialty fiber owing to its superior properties including high durability etc., as compared to conventionally used natural fiber worldwide. 
There has been an exponential increase in the overall consumption of Specialty Fibers for manufacturing of various fiber products following changing consumer preferences and fashion trends such as waterproof, stretchability and other parameters in textile industry. In addition, inadequate supply, and availability of natural fibers such as cotton also drive the demand for Specialty Fibers globally. This Specialty fibers market growth is also driven by magnificent growth observed in the demand for carbon fibers, one of the most significant Specialty Fiber used in aerospace and aircrafts Types owing to its lightweight, strong, and stiff nature and hence can a good substitute for steel across these industries. 
In addition, increasing industrialization and construction activities following rise in disposable income globally further augment the Specialty Fiber consumption which are added to foremost construction material viz., concrete and paints to ensure proper sticking of the respective compounds as well as provides fire resistance and resistance to various other environmental hazards.
In 2020, the outspread of COVID-19 pandemic across the globe, put a significant halt in growth curve of Specialty Fiber total global demand, backed by numerous restrictions imposed by the government of various developing nations like India, China, USA and others to contain the life-threatening disease spread. This has caused shortage of raw material following lockdowns and trade restrictions thereby causing the huge slump in overall Specialty Fiber market across the nations.  However, the overall global
Specialty Fibers demand is anticipated to recover in the forecast period owing to resumption in the construction activities post the upliftment of restrictions imposed in operations across several regions to contain the COVID-19 spread.  
Years Considered for this Report:
Historical Years: 2015 – 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 – 2030
Objective of the Study: 
•The primary objective of the study was to evaluate and forecast the Specialty Fibers capacity, production, demand, inventory, and demand–supply gap globally. 
•To categorize Specialty Fibers demand based on end use, Type, region and distribution channel
•To identify major customers of Specialty Fibers globally.
•To evaluate and forecast Specialty Fibers pricing globally.
•To identify and profile major companies operating globally Specialty Fibers market.
•To identify major news, deals and expansion plans globally Specialty Fibers market.
Some of the major players operating in the global Specialty Fibers market are DowDuPont, Teijin Limited, Jushi Group, Honeywell International Inc, Royal DSM, Toray Industries Inc., Formosa Plastics Corp, Sinopec Yizheng Chemical Fibre, Bluestar Fibres, Teijin Limited, Guangdong Charming and others.
Specialty Fibers is a crude oil derivative and hence its price is directly linked to the fluctuations in crude oil prices internationally. Volatility in the prices of crude oil has remained a major challenge for Specialty Fibers manufacturers in 2020. Specialty Fibers prices remained under pressure in the first half of the year weighed over by an unprecedented fall in crude oil and demand slowdown during Q1-2020 and Q2-2020. 
To extract data for Global Specialty Fibers market, primary research surveys were conducted with Specialty Fibers manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for Global Specialty Fibers market over the coming years. 
ChemAnalyst calculated Specialty Fibers demand globally by analyzing the historical data and demand forecast which was carried out considering the end use industries growth. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst. 
Key Target Audience
•Specialty Fibers manufacturers and other stakeholders
•Organizations, forums and alliances related to Specialty Fibers distribution
•Government bodies such as regulating authorities and policy makers
•Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as Specialty Fibers manufacturers, distributors and policymakers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.
Report Scope: 
In this report, the Global Specialty Fibers market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, by Type
Spandex, Carbon Fiber, Aramid Fiber, High-strength Polyethylene, Others
Market, by End Use
Aerospace, Sports Equipment, Automotive, Electrical and Electronics, Defense and Others
Market, by Distribution Channel
Direct/Institutional Sales, Retail Sales, Other Channel Sales
Market, by Region
North America, APAC, Europe, MEA, South America
Market, by Region
North America
United States, Mexico, Canada
China, India, Japan, South Korea, Singapore, Indonesia, Thailand
Germany, Russia, France, United Kingdom, Spain, Italy
Saudi Arabia, UAE, South Africa
South America
Brazil, Argentina, Colombia
Competitive Landscape
ChemAnalyst offers detailed analysis of major players including basic company details, Segmental/product information, financial matrices, growth strategies, expansion plans, collaborations, SWOT analysis give a comprehensive and meaningful insights on the respective product market.
Available Customizations:
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.


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