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Based on Technavio's market sizing methodology, the bio-soluble fiber market size is predicted to surge to USD 1.76 billion from 2021 to 2026 at a CAGR of 9.93%.
This bio-soluble fiber market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. The bio-soluble fiber market report also offers information on several market vendors, including ALFISO, Beijing SUPER International Trade Co. Ltd., Calvo Sealing SL, Double Egret Thermal Insulation Co. Ltd., Final Advanced Materials Sarl, Greenergy Refractory and Insulation Material Co. Ltd, Grupo Nutec SA de CV, Ibiden Co. Ltd., Isolite Insulating Products Co. Ltd., Luyang Energy-saving Materials Co. Ltd., Morgan Advanced Materials Plc, PALLOTTA Spa, Shandong Green Tiantong New Energy Co. LTD, Shandong Guangming Super Refractory Fiber Co. Ltd., Shree Ceramic Fibers Pvt. Ltd., Shree Group of companies, Silca Service und Vertriebsgesellschaft fur Dammstoffe mbH, THERMO Feuerungsbau-Service GmbH, Unifrax I LLC, and Vitcas Ltd. among others.
This report further entails bio-soluble fiber market segmentations, including:
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Based on our research output, there has been a neutral impact on the market growth during and post-COVID-19 era. The growing popularity of bio-soluble fiber in end-user industries is notably driving the bio-soluble fiber market growth, although factors such as alternatives for bio-soluble fibers may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the bio-soluble fiber industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Bio-soluble Fiber Market Driver
Key Bio-soluble Fiber Market Trend
Key Bio-soluble Fiber Market Challenge
This bio-soluble fiber market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global bio-soluble fiber market as a part of the global specialty chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the bio-soluble fiber market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the bio-soluble fiber market encompasses successful business strategies deployed by the key vendors. The bio-soluble fiber market is fragmented and the vendors are deploying growth strategies such as product quality, innovation, price, and operational cost to compete in the market.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The bio-soluble fiber market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the bio-soluble fiber market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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42% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for the bio-soluble fiber market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The growth in applications such as automotive, construction, power, ceramics, and others will facilitate the bio-soluble fiber market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the COVID-19 outbreak led to a decline in the bio-soluble fiber market in the region. However, the initiation of vaccination drives has led to the lifting of lockdown restrictions and the resumption of manufacturing operations in the region. Thus, the regional market is expected to grow during the forecast period.
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The bio-soluble fiber market share growth by the petrochemical segment will be significant during the forecast period. The petrochemical industry is growing due to the increase in the demand for petrochemical products from various end-user industries, such as rubber and plastic. This is leading to an increase in the production of petrochemical products by countries such as China. Moreover, the demand for petrochemical products is expected to grow due to the stabilization of automotive demand in countries such as Japan and India and the upturn in petrochemical production following the macroeconomic recovery in countries like Brazil.
This report provides an accurate prediction of the contribution of all the segments to the growth of the bio-soluble fiber market size and actionable market insights on the post-COVID-19 impact on each segment.
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Bio-soluble Fiber Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 9.93% |
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Market growth 2022-2026 |
$1.76 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
9.11 |
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Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 42% |
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Key consumer countries |
US, China, India, Germany, and UK |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
ALFISO, Beijing SUPER International Trade Co. Ltd., Calvo Sealing SL, Double Egret Thermal Insulation Co. Ltd., Final Advanced Materials Sarl, Greenergy Refractory and Insulation Material Co. Ltd, Grupo Nutec SA de CV, Ibiden Co. Ltd., Isolite Insulating Products Co. Ltd., Luyang Energy-saving Materials Co. Ltd., Morgan Advanced Materials Plc, PALLOTTA Spa, Shandong Green Tiantong New Energy Co. LTD, Shandong Guangming Super Refractory Fiber Co. Ltd., Shree Ceramic Fibers Pvt. Ltd., Shree Group of companies, Silca Service und Vertriebsgesellschaft fur Dammstoffe mbH, THERMO Feuerungsbau-Service GmbH, Unifrax I LLC, and Vitcas Ltd. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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