Blended fiber is manufactured by blending or mixing two or more different kinds of fiber to create a new fiber having unique properties. Blended fabrics are manufactured to cater to particular applications that require specific properties. Various kinds of blended fiber can be prepared with different properties for varied applications.
Based on raw materials used for making blended fiber, the blended fiber market can be categorized into polyester and cotton, wool and polyester, linen and silk, spandex and cotton, cotton, polyester and viscose, etc. Polyester and cotton are the commonly consumed form of blended fiber. This particular blend of fiber possesses the properties of both natural and synthetic fibers. Natural fibers can be easily separated and blended with other fibers, however, synthetic fibers require a lot of processing to be separated and blended. Cotton is soft, light, breathable, and comfortable for wearing, whereas, polyester is strong and slightly heavy. Cotton shrinks and wrinkles when washed, while polyester is resistant to wrinkles and shrinkage. Cotton also tends to lose color on washing while, whereas, polyester does not. Blending of these two fibers can create a material that is comfortable for wearing, resistant to shrinkage and wrinkles, and holds up the color and shape. This is why, blended cotton and polyster fiber has been in demand globally. Spandex and cotton and wool and polyester are the next major type of blended fiber used for various applications. Blended fiber of spandex and cotton is used for manufacturing of skinny jeans as the fiber contains a natural mix of stretchy and lightness. As the demand for skinny jeans is projected to increase, so for blended fiber of spandex and cotton. Wool and polyester blend of fibers is used in winter coats and jerseys. These fibers are strong, breathable, hold up shape, and keep the body warm when worn. The blend of linen and silk fiber is used for making of curtains and other similar materials. There are several other blends of fibers in the market for different applications.
Based on region, the blended fiber market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific accounted for a major share of the global blended fiber market in 2016. Its share is projected to boost by 2025, increasing at a steady rate. Rise in demand for blended fibers in China is projected to be a contributor of the high share of the blended fiber market in Asia Pacific. In China, the demand and production of polyster and cotton blended fiber is high. Blended yarns are inexpensive in India and China than they are in other parts of the world. Therefore, other countries import blended fibers from China and India. North America accounted for the next major share of the global blended fiber market after Asia Pacific. North America constituted 20% share of the blended fiber market in 2016. Increase in demand for blended fiber in the U.S. due to high standard of living and fashion sense is projected to boost the blended fiber market in the country. Middle East & Africa and Latin America held low shares of the blended fiber market. However, the share of these regions in the blended fiber market is projected to increase in the next few years due to rise in industrialization in these regions.
Key players operating in the blended fiber market are Aditya Birla Group, Reliance Industries, Bombay Dyeing, Toray Industries Inc., and others.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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