NEW YORK, Oct. 27, 2022 /PRNewswire/ -- The global bio-soluble fiber market is expected to grow by USD 1.76 billion, accelerating at a CAGR of 9.93% between 2021 and 2026. According to Technavio, the market is fragmented due to the presence of several players. Vendors in the global bio-soluble fiber market have a considerable geographical presence with large production facilities. In addition, they are establishing new production facilities to ensure smooth and easy access to the fast-growing markets in China, India, and other Southeast Asian countries. The competition among vendors is based on factors such as product quality, innovation, price, and operational cost. The key factor that is influencing the market from a competitive view is the threat of substitutes, such as refractory bricks and non-RCF fiber insulation. Competitors are investing in R&D to make their products innovative and unique. As a result of these factors, the competition in the market is expected to increase over the forecast period.
Get deeper insights into the vendor landscape, product launches, and successful strategies adopted by key vendors in the market. Buy Full Report Now
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The growing popularity of bio-soluble fiber in end-user industries has been instrumental in driving the growth of the market. This study identifies the growing demand for bio-soluble fiber in the automotive industry as a key trend in the market. However, alternatives for bio-soluble fibers might hamper the market growth.
The bio-soluble fiber market report covers the following areas:
- Bio-soluble Fiber Market Size
- Bio-soluble Fiber Market Trends
- Bio-soluble Fiber Market Industry Analysis
The global bio-soluble fiber market is segmented as below:
- End-user
- Petrochemical
- Ceramics and Glass
- Metal and Foundry
- Power
- Others
The petrochemical industry is the prime end-user in the market. Bio-soluble ceramic fiber modules and blankets are used in pipe insulation, heater and furnaces, stacks, walls, and roofs to improve thermal efficiency and resist mechanical breakdown in the petrochemical industry. With the increase in the demand for petrochemicals from various end-user industries, such as rubber and plastic, the growth of the segment is expected to accelerate during the forecast period.
- Geography
- APAC
- Europe
- North America
- South America
- The Middle East and Africa
APAC was the largest market for bio-soluble fiber in 2021. The region is leading the global bio-soluble fiber market in terms of demand as well as innovation in quality and product development. Bio-soluble fiber is extensively used in various applications across the automotive, construction, power, ceramics, and other industries. Growing power industries in China, India, Japan, and other countries are driving the growth of bio-soluble fibers in the region. Also, factors such as the expanding urban population, increasing construction activities, rising textile production, and others are expected to drive market growth during the forecast period.
Identify other potential segments and regions in the global bio-soluble fiber market. Request Sample Report Now
Technavio identifies ALFISO, Beijing SUPER International Trade Co. Ltd., Calvo Sealing SL, Double Egret Thermal Insulation Co. Ltd., Final Advanced Materials Sarl, Greenergy Refractory and Insulation Material Co. Ltd, Grupo Nutec SA de CV, Ibiden Co. Ltd., Isolite Insulating Products Co. Ltd., Luyang Energy-saving Materials Co. Ltd., Morgan Advanced Materials Plc, PALLOTTA Spa, Shandong Green Tiantong New Energy Co. LTD, Shandong Guangming Super Refractory Fiber Co. Ltd., Shree Ceramic Fibers Pvt. Ltd., Shree Group of companies, Silca Service und Vertriebsgesellschaft fur Dammstoffe mbH, THERMO Feuerungsbau-Service GmbH, Unifrax I LLC, and Vitcas Ltd. as major market participants.
Register Now to Technavio's Subscription Platform. Subscribe to our "Basic Plan" at just USD 5,000
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist bio-soluble fiber market growth during the next five years
- Estimation of the bio-soluble fiber market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the bio-soluble fiber market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of bio-soluble fiber market vendors
Global Cellulose Fiber Market 2021-2025: The global cellulose fiber market is segmented by application (apparel, industrial, hygiene, and others) and geography (APAC, Europe, North America, MEA, and South America). The apparel segment will have the largest market share. APAC to occupy 42% market share. View Report Snapshot Here
Global Eco Fiber Market 2021-2025: The global eco fiber market is segmented by application (textile, household and furnishing, industrial, medical, and others) and geography (APAC, North America, Europe, South America, and MEA). The textile segment will generate the maximum revenue in the market. APAC to occupy 43% market share. View Report Snapshot Here
Bio-soluble Fiber Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 9.93% |
Market growth 2022-2026 |
USD 1.76 billion |
Market structure |
Fragmented |
YoY growth (%) |
9.11 |
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
Performing market contribution |
APAC at 42% |
Key consumer countries |
US, China, India, Germany, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
ALFISO, Beijing SUPER International Trade Co. Ltd., Calvo Sealing SL, Double Egret Thermal Insulation Co. Ltd., Final Advanced Materials Sarl, Greenergy Refractory and Insulation Material Co. Ltd, Grupo Nutec SA de CV, Ibiden Co. Ltd., Isolite Insulating Products Co. Ltd., Luyang Energy-saving Materials Co. Ltd., Morgan Advanced Materials Plc, PALLOTTA Spa, Shandong Green Tiantong New Energy Co. LTD, Shandong Guangming Super Refractory Fiber Co. Ltd., Shree Ceramic Fibers Pvt. Ltd., Shree Group of companies, Silca Service und Vertriebsgesellschaft fur Dammstoffe mbH, THERMO Feuerungsbau-Service GmbH, Unifrax I LLC, and Vitcas Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by End-user
- 5.1 Market segments
- Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
- Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
- 5.2 Comparison by End-user
- Exhibit 26: Chart on Comparison by End-user
- Exhibit 27: Data Table on Comparison by End-user
- 5.3 Petrochemical - Market size and forecast 2021-2026
- Exhibit 28: Chart on Petrochemical - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Petrochemical - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Petrochemical - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Petrochemical - Year-over-year growth 2021-2026 (%)
- 5.4 Ceramics and glass - Market size and forecast 2021-2026
- Exhibit 32: Chart on Ceramics and glass - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Ceramics and glass - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Ceramics and glass - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Ceramics and glass - Year-over-year growth 2021-2026 (%)
- 5.5 Metal and foundry - Market size and forecast 2021-2026
- Exhibit 36: Chart on Metal and foundry - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Metal and foundry - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Metal and foundry - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Metal and foundry - Year-over-year growth 2021-2026 (%)
- 5.6 Power - Market size and forecast 2021-2026
- Exhibit 40: Chart on Power - Market size and forecast 2021-2026 ($ million)
- Exhibit 41: Data Table on Power - Market size and forecast 2021-2026 ($ million)
- Exhibit 42: Chart on Power - Year-over-year growth 2021-2026 (%)
- Exhibit 43: Data Table on Power - Year-over-year growth 2021-2026 (%)
- 5.7 Others - Market size and forecast 2021-2026
- Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 5.8 Market opportunity by End-user
- Exhibit 48: Market opportunity by End-user ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 50: Chart on Market share by geography 2021-2026 (%)
- Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 52: Chart on Geographic comparison
- Exhibit 53: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 North America - Market size and forecast 2021-2026
- Exhibit 62: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 China - Market size and forecast 2021-2026
- Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.9 US - Market size and forecast 2021-2026
- Exhibit 78: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.10 Germany - Market size and forecast 2021-2026
- Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.11 UK - Market size and forecast 2021-2026
- Exhibit 86: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 87: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 88: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.12 India - Market size and forecast 2021-2026
- Exhibit 90: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 91: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 92: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 93: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 94: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 95: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 97: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 98: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 99: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 100: Matrix on vendor position and classification
- 10.3 ALFISO
- Exhibit 101: ALFISO - Overview
- Exhibit 102: ALFISO - Product / Service
- Exhibit 103: ALFISO - Key offerings
- 10.4 Beijing SUPER International Trade Co. Ltd.
- Exhibit 104: Beijing SUPER International Trade Co. Ltd. - Overview
- Exhibit 105: Beijing SUPER International Trade Co. Ltd. - Product / Service
- Exhibit 106: Beijing SUPER International Trade Co. Ltd. - Key offerings
- 10.5 Calvo Sealing SL
- Exhibit 107: Calvo Sealing SL - Overview
- Exhibit 108: Calvo Sealing SL - Product / Service
- Exhibit 109: Calvo Sealing SL - Key offerings
- 10.6 Double Egret Thermal Insulation Co. Ltd.
- Exhibit 110: Double Egret Thermal Insulation Co. Ltd. - Overview
- Exhibit 111: Double Egret Thermal Insulation Co. Ltd. - Product / Service
- Exhibit 112: Double Egret Thermal Insulation Co. Ltd. - Key offerings
- 10.7 Final Advanced Materials Sarl
- Exhibit 113: Final Advanced Materials Sarl - Overview
- Exhibit 114: Final Advanced Materials Sarl - Product / Service
- Exhibit 115: Final Advanced Materials Sarl - Key offerings
- 10.8 Grupo Nutec SA de CV
- Exhibit 116: Grupo Nutec SA de CV - Overview
- Exhibit 117: Grupo Nutec SA de CV - Product / Service
- Exhibit 118: Grupo Nutec SA de CV - Key offerings
- 10.9 Ibiden Co. Ltd.
- Exhibit 119: Ibiden Co. Ltd. - Overview
- Exhibit 120: Ibiden Co. Ltd. - Business segments
- Exhibit 121: Ibiden Co. Ltd. - Key offerings
- Exhibit 122: Ibiden Co. Ltd. - Segment focus
- 10.10 PALLOTTA Spa
- Exhibit 123: PALLOTTA Spa - Overview
- Exhibit 124: PALLOTTA Spa - Product / Service
- Exhibit 125: PALLOTTA Spa - Key offerings
- 10.11 Unifrax I LLC
- Exhibit 126: Unifrax I LLC - Overview
- Exhibit 127: Unifrax I LLC - Product / Service
- Exhibit 128: Unifrax I LLC - Key offerings
- 10.12 Vitcas Ltd.
- Exhibit 129: Vitcas Ltd. - Overview
- Exhibit 130: Vitcas Ltd. - Product / Service
- Exhibit 131: Vitcas Ltd. - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 132: Inclusions checklist
- Exhibit 133: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 134: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 135: Research methodology
- Exhibit 136: Validation techniques employed for market sizing
- Exhibit 137: Information sources
- 11.5 List of abbreviations
- Exhibit 138: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article