Global Vinylon Fiber Market Overview:
Vinylon Fiber is a synthetic fiber produced from polyvinyl alcohol, using anthracite and limestone as raw materials. This fiber was invented in Japan and grown globally. This fiber is very similar to cotton fiber. The most important attribute of vinylon fiber is that it is the most moisture absorbent among synthetic fibers and due to this it is widely used for industrial, agricultural, fishing uses. Also, this fiber provides light in weight product, durability, and resistance to weathering. The production of vinylon fiber is mainly in staple fiber and in filament yarn. The different features offered by vinylon fiber is that this fiber is lighter in weight, excellent in resistance to abrasion, most similar to the tactile feeling of cotton fiber and most moisture absorptive among synthetic fibers, and provide resistance to acid and alkali, difficult to rot, non-attackable by molds and insects.
Growth Drivers
- Rapid gaining popularity and the worldwide increase in consumption
- Increase in demand for vinylon fiber from different industries
Roadblocks
- Competition from substitute products, mainly on the basis of cost
- The scope of applications for vinylon fiber remains limited
Opportunities
- Growing the demand for vinylon fiber in other countries
- Expansion of the vinylon fiber as a major substitute of the other fibers
Challenges
- The environmental challenge while using the vinylon fiber for a different purpose
Competitive Landscape:
The leading players in the market to avail competitive advantage, make the vinylon fiber as per the different government’s environment standard and deliver the quality to the different industries. With the increase in demand for vinylon fiber from different industries, companies are manufacturing the fiber and generate revenue.
Some of the key players profiled in the report are Nitivy Co. Ltd. (Japan), Kuraray Co. Ltd. (Japan), Unitika Ltd. (Japan), Anhui Wanwei Group (China), Fujian Fuwei Co. Ltd. (China), MiniFIBERS, Inc. (United States), Sinopec-SVW (China), Shuangxin PVA (China), Ningxia Dadi (China) and STW (Germany). Analyst at AMA Research see China Vendors to retain maximum share of Global Vinylon Fiber market by 2026. Considering Market by By End User, the sub-segment i.e. Transport will boost the Vinylon Fiber market.
Environment Protection Agency is an agency of the United States federal government whose mission is to protect human and environmental health. It regulates the manufacturing, processing, distribution, and use of chemicals and another pollutant. The guidelines and standards by the Environmental Protection Agency (EPA) are being implemented to limit and reduce Volatile Organic Compounds (VOC) emissions, which are discharged by synthetic fiber production facilities.
What Can be Explored with the Vinylon Fiber Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Vinylon Fiber Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Vinylon Fiber
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Vinylon Fiber market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Vinylon Fiber market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Industrial Associations, Government Regulatory Bodies, Automotive Companies, Construction Companies and Research Institutions.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.