Blended Fibers Market Growth, Share, Size, Trends and Forecast (2022 - 2030)
Market Segmentation
The global blended fibers market growth 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 2022. 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 Blended
Fibers Market Growth has been categorized into apparel, home furnishing, and
technical. The home furnishing segment accounted for the largest market share
in 2022 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.
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Regional Analysis
Based on region, the global Blended Fibers Market growth
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 2022,
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.
Competitive Analysis
Some of the key players in the global blended fibers growth 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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