Biocomponent Fiber Market Size | Global Industry Growth Report, 2025

According to credible estimates, the biocomponent fiber market was worth USD 2913.3 million in the year 2019 and is expected to grow with a CAGR of 5.6% during the forecast period, subsequently reaching USD 3623 million by the year 2025. Growing demand for personal care products such as pads, incontinence briefs, and baby diapers are the major factor driving the biocomponent fiber market growth. The product offers low-cost, unique cross-sectioned patterns, self-bulking, exceptionally fine fibers, and thermal bonding properties, and hence is extensively used in various applications such as industrial textiles, protective textiles, automotive textiles, package textiles, medical textiles, and geotextiles. Moreover, various key industry players are focusing on developing innovative products with advanced fluid management and enhanced softness. These factors along with rising capita per income are further aiding the market expansion.

Rising adoption of biocomponent fibers in automobile, construction, hygiene, and textiles industries owing to their superior performance as compared to single polymer fibers is also stimulating the industry outlook. Additionally, rapid expansion of nonwoven market, increasing production of automobiles, and growing demand for bulkier and softer products are fostering the demand for biocomponent fibers across the globe.

As per material type, the biocomponent fiber market is categorized into PE/PET, Co-PET/PET, PE/PP, and others segment. The Co-PET/PET biocomponent fiber market segment is expected to witness substantial growth by the year 2025. This product type offers superior physical properties, better chemical resistance, and is available at relatively low costs. Co-PET/PET products are extensively used while manufacturing non-woven fabrics, thus fueling the segmental growth.

Based on the application spectrum, the biocomponent fiber market is classified into hygiene, textiles, automotive, construction, and others. The hygiene application fragment of biocomponent fibers market is presumed to expand significantly during the forecast period. Increasing awareness pertaining to personal hygiene, escalating disposable income, and rising elderly population are the key factors facilitating the business scenario.

On the other hand, biocomponent fiber market from textile industry is poised to amass substantial gains owing to growing textile industry and surging need for non-woven fabrics comprised of micro-sized fibers.

As per the regional analysis, the biocomponent fiber market is divided into Americas, Europe, Middle East & Africa, and Asia-Pacific regions. Europe biocomponent fiber industry will witness lucrative growth during the estimated timeframe. The growth is attributed to growing automobile and hygiene industries and high concentration of key industry players. Meanwhile, biocomponent fiber market in South America will expand considerably owing to improving economic conditions and rising consciousness regarding healthy lifestyle.

Xinghui Chemical Fibers, XiangLu Chemical Fibers, Fiber Innovation Technology, Nan Ya Plastics, Hubei Botao Synthetic Fiber, Ningbo Dafa, Yangzhou Tianfulong, Toray Chemical Korea, Mitsubishi Chemical, Dupont, RadiciGroup, Huvis, Far Eastern New Century, Hyosung, Kolon, Jiangnan High Polymer Fiber, and FiberVisions Corp. are the prominent companies operating in the biocomponent fiber market. 

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