Blended Fibers Market Analysis, Industry Analysis, Size, Growth Trends and Market Forecast 2022-2030
Market Segmentation
The global blended
fibers market analysis has been segmented by source, product, application, and
region.On the basis of product, the market has been divided into
cotton/polyester, cotton/polyester/cellulose, nylon/wool, and
elastane/nylon/cotton. The cotton/polyester segment accounted for the largest
share of the global blended fibers market in 2017. This growth can be
attributed due to the extensive usage of cotton/polyester in manufacturing
daily wear fabrics. Polyester blend with cotton in a ratio of 59:50 produces
highly absorbent and soft fabric, which is extensively used in the textile
industry. Polyester, when blended with cotton, contributes more strength
towards wrinkle resistance and shape retention as cotton provides comfort along
with high porosity and heat conduction. Thus, the advantage of cotton/polyester
blends over its nylon/wool counterpart are expected to add substantial value to
the global blended fabrics market.
Based on
application, the market has been categorized into apparel, home furnishing, and
technical. The home furnishing segment accounted for the largest market share
in 2017 and is expected to register a significant growth rate during the review
period. Shifting consumer trend towards custom designed furniture and rising
demand for wallpapers and blinds are expected to drive the demand for blended
fibers. Furthermore, development in housing and real estate sectors, coupled
with increasing adoption of environment-friendly products is expected to propel
market growth.
Regional Analysis
Based on region,
the global Blended Fibers Market
Analysis has been segregated into North America, Europe, Asia-Pacific,
Latin America, and the Middle East & Africa.
Asia-Pacific
accounted for the largest share of the market in 2017, owing to the growing
textile and home furnishings sector in developing nations, such as India and
China. The expanding commercial and residential construction as a result of
rapid urbanization and industrialization is expected to propel the demand for
blended fibers in the region.
The market in North
America is expected to be the fastest growing due to increasing government
regulations for the use of eco-friendly products, and rising public awareness
are some of the key factors propelling the market growth. However, the European
market for blended fibers is expected to grow during the review period due to
the rising demand for blended fibers in well-established heritage and
residential construction in the region. The markets in Latin America and the
Middle East & Africa are expected to exhibit considerable growth during the
review period due to the expanding residential construction and rising demand
for modest apparel in the region.
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Competitive
Analysis
Some of the key
players in the global blended fibers analysis are Reliance Industries (India),
Welspun India Ltd. (India), Sutlej Textiles & Industries (India), Hebei
Diamond Cashmere Products (China), Pennine Textiles and Recycling (UK), James
Robinson fibers Ltd. (UK), National Spinning (US), Natural Fiber Company (UK),
KantiFashion (India), and Textile school (India).
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