Pune, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Global Microfiber Market Analysis and Insights: In 2019, the global Microfiber market size was US$ 654.5 million and it is expected to reach US$ 747.8 million by the end of 2026, with a CAGR of 1.9% during 2021-2026.

Global “Microfiber Market” Research Report 2021-2026 is a historical overview and in-depth study on the current & future market of the Microfiber industry. The report represents a basic overview of the Microfiber market share, competitor segment with a basic introduction of key vendors, top regions, product types, and end industries. This report gives a historical overview of the Microfiber market trends, growth, revenue, capacity, cost structure, and key driver’s analysis. The report further investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the Microfiber market.

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Market Overview:

Microfiber is synthetic fiber finer than one denier or decitex/thread. However, recently, there is no uniform definition of international fine fibers. In Japan, microfiber is less than 0.3 dtex. German Textile Association monofilament polyester fiber linear density of less than 1.2 dtex, polyamide fiber linear density of less than 1.0 dtex is called superfine fibers; and Montefibre company ‘s linear density of less than 0.55 dtex polyester fiber called microfiber; US PET Commission defines that 0.3 dtex ~ 1.0 dtex fiber is defined as ultra-fine fibers; AKZO company believes microfiber upper limit should be 0.3 dtex, but most people accepted definition dpf

The most common types of microfibers are made from polyesters, polyamides (e.g., nylon, Kevlar, Nomex, trogamide), or a conjugation of polyester, polyamide, and polypropylene (Prolen). Microfiber is used to make mats, knits, and weaves for apparel, upholstery, industrial filters, and cleaning products. The shape, size, and combinations of synthetic fibers are selected for specific characteristics, including softness, toughness, absorption, water repellency, electrostatics, and filtering capabilities.

In the report, we define 0-0.3 dtex is short microfiber and 0.3-1.2 dtex is long microfiber. And the volume of microfiber is calculated by all the microfiber less than 1.2 dtex.

In fact, microfiber is generally used directly in downstream products. In the market, the sales of microfiber only hold a small part of total microfiber.

Since high-performance microfiber entered the market, it had got great attention. As a new material, it is mainly applied to make microfiber leather and microfiber cleaning cloths. During the production process of microfiber leather or microfiber cleaning cloth, microfiber is also produced. Over the past few years, demand for microfiber is relatively stable. In the future, downstream demand will continues improving with the improvement of people's quality of life.

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The major players in the market include:

• Toray
• Kuraray
• Asahi Kasei
• Kolon
• Teijin
• Sheng Hong Group
• 3M
• Eastman
• Sanfang
• KB Seiren
• Hexin
• Duksung
• Norwex
• SISA
• Vileda
• Acelon Chemical
• Huafon Microfibre
• Double Elephant
• Far Eastern
• Wanhua
• Ningbo Green Textile
• Tricol
• Meisheng
• Hengli

The report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.

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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into:

• Long Microfiber
• Short Microfiber

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including:

• Microfiber Leather
• Microfiber Cleaning Cloths
• Others

Some of the key questions answered in this report:

• What will the market growth rate, growth momentum or acceleration market carries during the forecast period?
• Which are the key factors driving the Microfiber market?
• What was the size of the emerging Microfiber market by value in 2019?
• What will be the size of the emerging Microfiber market in 2026?
• Which region is expected to hold the highest market share in the Microfiber market?
• What trends, challenges and barriers will impact the development and sizing of the Global Microfiber market?
• What are sales volume, revenue, and price analysis of top manufacturers of the Microfiber market?
• What are the Microfiber market opportunities and threats faced by the vendors in the global Microfiber Industry?

Global Microfiber Market provides information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and instrumentation and downstream demand analysis is additionally dispensed. The Global Microfiber market development trends and marketing channels are analyzed. Finally, the feasibility of latest investment projects is assessed and overall analysis conclusions offered.

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Years considered for this report:

• Historical Years: 2015-2019
• Base Year: 2019
• Estimated Year: 2020
• Microfiber Market Forecast Period: 2020-2026

With tables and figures helping analyze worldwide Global Microfiber market trends, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Some Points from TOC:

1 Study Coverage
2 Executive Summary
3 Global Microfiber by Manufacturers
4 Company Profiles
5 Breakdown Data by Type
6 Breakdown Data by Application
7 North America
8 Asia-Pacific
9 Europe
10 Latin America
11 Middle East and Africa
12 Supply Chain and Sales Channel Analysis

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Part II

Global Fiber Laser Market Analysis and Insights: In 2019, the global Fiber Laser market size was US$ 2071.7 million and it is expected to reach US$ 4226 million by the end of 2026, with a CAGR of 10.6% during 2021-2026.

This report studies the Fiber Laser market. A fiber laser or fiber laser is a laser in which the active gain medium is an optical fiber doped with rare-earth elements such as erbium, ytterbium, neodymium, dysprosium, praseodymium, thulium and holmium. They are related to doped fiber amplifiers, which provide light amplification without lasing. Fiber nonlinearities, such as stimulated Raman scattering or four-wave mixing can also provide gain and thus serve as gain media for a fiber laser.

In the coming years there is an increasing demand for Fiber Laser in the regions of North America and Europe that is expected to drive the market for more advanced Fiber Laser. Increasing of downstream industry fields expenditures, more-intense competition, launches in introducing new products, increasing of spending on general industry, retrofitting and renovation of old technology, increasing adoption of Fiber Laser will drive growth in China markets.

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 The major players in the market include:

• IPG Photonics
• Trumpf
• Coherent
• Raycus
• Maxphotonics
• nLIGHT
• Lumentum Operations
• Jenoptik
• EO Technics
• JPT Opto-electronics
• Fujikura

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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into:

• Continuous Wave (CW) Fiber Laser
• Pulsed Fiber Laser

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including:

• High Power (Cutting, Welding & Other)
• Marking
• Fine Processing
• Micro Processing

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Years considered for this report:

• Historical Years: 2015-2019
• Base Year: 2019
• Estimated Year: 2020
• Fiber Laser Market Forecast Period: 2020-2026

With tables and figures helping analyse worldwide Global Fiber Laser market trends, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

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