Market Drivers
Growing demand in the textile industry
Increased use in the automotive sector
Key Companies
First Solar
Veolia
NPC Incorporated
Yuanfang (China) Investment Co., Ltd.
Others
Regional Analysis
North America:
Steady growth driven by demand in the automotive and textile sectors.
Europe:
Strong presence of automotive manufacturers driving LMPSF demand.
Asia-Pacific:
Dominant regional producer, led by China and South Korea.
Middle East & Africa:
Gradual market penetration with rising investments in textile and construction sectors.