Global Blended Fiber Market was valued at USD 36.18 Bn. in 2020 and is expected to reach USD 55.46 Bn. by 2030 at a CAGR of 6.8%over the forecast period 2021-2030.
Blended Fibres Market Overview
Global Blended Fiber Market was valued at USD 36.18 Bn. in 2020 and is expected to reach USD 55.46 Bn. by 2030 at a CAGR of 6.8%over the forecast period 2021-2030. Blended fibers are made up of natural and synthetic fibers. They are widely used in clothing because they offer comfort, warmth, strength, and durability without sacrificing softness. Nylon or polyester microfibers are 60 to 100 times finer than human hair and can be blended with natural or synthetic fibers to create blended fibers, which are used in active sportswear garments. Blends are also used in the production of paper, carpets, and other products.
Because of the rising demand for high-quality textiles, the global market for blended fibers is expected to expand significantly over time. Increased awareness of the health benefits of using blended fibers is also expected to drive market growth over the next five years. Additionally, rising consumer purchasing power parity and spending on secondary necessities, as well as improved product availability through various channels such as retail, online portals, and stores, are expected to drive up product demand even further.
Global Blended Fibers Market Share, by Application, 2017 (%)
Source: MRFR Analysis
Asia-Pacific accounted for the largest market share in 2017; owing to the expansion of production capacities and the availability of cheap labor in India and China. Favorable trade policies and increasing penetration of organized retail sector are the key drivers attracting foreign players in the region. The significant growth of the textile industry in Southeast Asian countries is expected to boost the demand for blended fabrics in the regional market.
North America is the fastest growing region for global blended fibers market. Owing to the growing technological advances such as adoption of g nanotechnology for manufacturing advanced fabrics at a microscopic level, offering lightweight material for the garments. Furthermore, increasing usage of home furnishing products in residential and non-residential sectors is expected to drive the blended fibers market in the region.
The European blended fibers market is expected to grow due to the growing environmental awareness among consumersas natural fibers are widely used in the clothing industry which is produced from animal and plants.. The combination of natural and synthetic fibers such polywool is a mixture of polyester and wool which possess good appearance, comfort and available in low cost is likely to drive the demand for blended fibers.
The Latin American blended fibers market is expected to grow at a significant rate during the review period due to the economic growth and the increasing population. The market in the Middle East & Africa is likely to exhibit considerable growth in the coming years due to the rise in industrialization and economic growth.
The global blended fibers market has been segmented into source, product, application, and region.
On the basis of source, the market has been bifurcated into synthetic and natural.
Based on product, the market has been divided into cotton/polyester, cotton/polyester/cellulose, nylon/wool, and elastane/nylon/cotton.
By application, the market has been segregated into apparel, home furnishing, and technical.
By region, the market has been categorized into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Some of the key players in the global blended fibers 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).Recent Development
JP Modatex India and DuPont Biomaterials are collaborating to launch a new spun yarn collection made of natural fibers and DuPont Sorona® staple fibers. The collection combines the linen and partially plant-based Sorona® fibers to create spun yarns suitable for a wide range of applications such as dresses, shirting, and jackets. The resulting fabric has a luxurious drape and hand feel, as well as comfort stretch and moisture management.
Australian start-up BlockTexx has begun work on the first textile recycling plant capable of separating and recycling cotton and polyester fiber blends on a large scale. The company has acquired a site in Logan, Queensland. The plant aims at recycling approximately 4,000 tonnes of textiles in its first year, using the company's proprietary Separation of Fibre Technology (SOFT) solution. This technology will help to reduce the environmental impact of fashion at the material level while also enabling scaling.
|Market Size||2030: Significant value|
|CAGR||2022–2030: Substantial CAGR|
|Historical Data||2019 & 2020|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||By Source, Product, Application and Region|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||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).|
|Key Market Opportunities||Increasing manufacturing and exporting of blended fibers, worldwide, is expected to propel the blended fibers market.|
|Key Market Drivers||The demand for improved fabric appearance, durability, and ease in handling, along with the growing textile industry.|
The forecast period for Blended Fibers Market research report is 2020-2027.
Global Blended Fibers Market is dominated by APAC region.
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).