Fiber Intermediates Market 2018 Growth, Business Analysis and Opportunities Till 2022

24/ago/2018 12:32:53 Market Research Future Contatta l'autore

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Industry / Innovation / Related News:

January 2017 - Mitsubishi Rayon Corp., a Japan based organization announced to acquire SGL Carbon Fibers LLC, a US based company. This strategic acquisition helps to increase its carbon fiber capacity. Annual production capacity will be increased by 1000 tonnes. With this acquisition the company reinforces its position in the North American market.

October 2017- Ascend Performance Materials, a U.S. based manufacturer planned to increase their manufacturing capacity across its intermediates and polymers portfolio in order to meet the growing demand for intermediates across the globe. This project will cost around USD 6.2 Million with capacity of around 11,000 tons per year of stable fiber. This project is expected to be operational in August.

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November 2015- Japan based fiber intermediate manufacturer, Mitsubishi Rayon Corporation constructed a new plant in Bavaria, Germany for the manufacturing of sheet molding compound intermediate materials to expand its carbon fiber and composite materials business in Europe. This capacity expansion helped company to raise their production capacity to 9000 tons. With this expansion, the company increase their footprint in Europe.

Competitive Landscape:

The Fiber Intermediates Report has analysed the level of competition among the key operating players as well as sector growth and market scenario. The Global Fiber Intermediates Market comprises of various manufacturers operating in the market which comprised of large scale and medium size manufacturers. Some of the prominent market players operating in the Global Fiber Intermediates Industry has shifted their focus towards growth association specifically by Asia Pacific as medium scale and small scale manufacturers are from this region specifically from China, South Korea, India, Indonesia, Thailand, Taiwan, Malaysia, Australia, and Japan. Moreover, the key operating players are focusing on extending their product portfolio by strategic acquisition and mergers, joint ventures, product launches, and exclusive agreements. Some of the companies are escalating their manufacturing capacity of fiber intermediates to meet the growing demand for fiber intermediates. Moreover, some of the manufacturers has launched a series of product to solidify their position in the market.

Fiber Intermediates Market – Overview:

Fiber Intermediates are those products which are predominantly utilized in numerous applications such as plastic, textile, petrochemicals, automobile, pharmaceutical, and others. Fiber Intermediates market is estimated to witness robust growth due to increasing demand of pharmaceutical and continuous growth of automotive sector across the globe.  Moreover, polyethylene and polyvinylchloride (PVC) are widely used in the production of bottles and other non-food packaging products, with this aforementioned reason the market is expected to register strong growth. Moreover increasing automotive production and sales along with the wide utilization of plastic in the manufacturing of automotive components is estimated to propel the growth of the market.

Geographically, Asia Pacific is emerging as the largest market for Fiber Intermediates in 2016 and is predicted to retain its dominance during the years on account of the growing demand from the petrochemical, automotive, and textile sector. Moreover, the demand for Intermediate Fiber is expected to surge in various countries of Asia Pacific such as China, India, Japan, Vietnam, Malaysia, Thailand, Taiwan, and South Korea. In addition, in the region of the United States, in the region of the United Moreover, huge investment by major operating players in their Research & Fiber development and fiber manufacturing technologies Intermediates regional market growth. North American market is expected to witness a moderate growth in demand from textile and plastic industries. North American market is segmented into the US and Canada, which is a major contributor to the regional market growth on account of the strong growth of petrochemicals and textile sector. European market is expected to be witness to significant growth. Developing countries of the Middle East & Africa and Latin America such as Turkey, Saudi Arabia,

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