Non Wovens Market 2022
Non Wovens Market growth in the current scenario as well as in the coming years and the factors affecting it has been discussed in detail. The interplay of demand and supply forces in this market along with the external factors have been studied. The effect on the market in terms of growth has been studied to aid the market forecast. The pricing policies used in various regions of Non Wovens Market and the effect they have on the consumption behavior have been studied.
The non wovens market is estimated to be worth $ US 93 Bn by the year 2031. The global non wovens market is expected to witness a CAGR of 7.2% between 2021 and 2031. The latest trend implies incorporation of high-performance and nanofiber material technologies as substitutes to conventional membranes. The fact that non wovens are increasingly used for making reusable & disposable surgical gowns, instrument wraps, and gloves is driving the demand for non wovens.
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A complete evaluation of Non Wovens Market is published on PMR. Major forces impacting Non Wovens Market and their impact on Non Wovens Market rise are presented in detail in the report. A complete analysis of COVID 19 impact on Non Wovens Market is offered along with the report. In addition, the influence of natural disaster and political tension on Non Wovens Market are also presented in the report. Real time and short-term impact, along with major long-term consequences of these forces on Non Wovens Market is also detailed in the report.
Growth of the global nonwoven fabric market is mainly supported by increasing investments in the textile industry in various countries across the globe. Nonwoven fabrics are preferred in many textile and automotive applications, owing to their various advantages over other materials, such as lightweight, comfort of use, and many others. In addition to this, the continuously increasing global population is creating huge demand for various personal care products, which is subsequently boosting the growth of the global nonwoven fabric market.
Key Takeaways of Nonwoven Fabric Market Study
- The drylaid technology segment is estimated to hold a lion’s share in the nonwoven fabric market, owing to its wide usage in disposable caps, masks, scrub suits, and shoe covers, drapes, wraps and packs, sponges, dressings and wipes, bed linen, contamination control gowns, examination gowns, and others.
- By application, the personal care segment is estimated to develop at a relatively high CAGR during the forecast years. Due to high demand for disposable diapers and female care products for routine applications, the segment is estimated to remain crucial driver for the global nonwoven fabric market.
- On the basis of material, the polypropylene (PP) segment is projected to hold more than two-third market share over the forecast period, owing to its various benefits such as high tensile strength and low density.
- The ongoing COVID-19 pandemic is having a positive impact on the nonwoven fabric market, owing to the sudden rise in the demand for medical and industrial protective apparel across the world.
- Owing to increasing investment in the textile, construction, and medical sectors, and the presence of key manufacturers in the region, East Asia is estimated to hold a prominent share and remain dominant in the global nonwoven fabric market throughout the forecast period.
“Enhancing product quality by assessing the environmental impacts in a product’s entire lifecycle is crucial, and will be a key to thrive in the nonwoven fabric market. As such, leading players are continuously focusing on providing products with less environmental impact at affordable prices,” says a PMR analyst.
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Competitive Landscape of Nonwoven Fabric Market
The global nonwoven fabric market is identified as a highly fragmented market, as there are a large number of local and global players in the market space. Tier-1 players such as Avintiv, Inc, DowDupont, Toray Industries, Freudenberg SE, and Asahi Kasei Corporation account for around 30% of the global market share.
Upgradation of operational bases and investments in the research & development of new products in order to gain a competition advantage over tier-2 and tier-3 players has been the main strategy of these key players in the global nonwoven fabric market.
Companies
- DowDuPont Inc
- Kimberly-Clark Corporation
- P. H. Glatfelter Company
- Asahi Kasei Corporation
- Toray Industries
- Freudenberg SE
- Ahlstrom
- Avintiv, Inc
- Johns Manvile
- Suominen Corporation
Highly Lucrative Opportunities in South Asia Market
The demand for nonwoven fabric is expected to gain high traction in South Asia in the coming years, owing to increasing investments in the construction, textile, and medical sectors. Governments of emerging economies such as India and China are encouraging private sector players to invest more in these regions. This, in turn, is playing a huge role in fueling the growth of the nonwoven fabric market in the region.
About the Nonwoven Fabric Market Report
The research report analyzes the total sales of nonwoven fabric on the basis of value (US$ Mn) and volume (KT), segmented on the basis of technology, material, application, and region. The nonwoven fabric market is projected on the basis of factors such as the medical sector outlook, healthcare spending by various countries, and construction industry overview.
Key geographies evaluated in this report are:
North America – U.S, Canada
Europe – France, Germany, Italy, Spain, and the UK, Eastern Europe, CIS
APAC – China, India, Japan, Australia, Others
Latin America – Argentina, Brazil, Others
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Also, the report includes a competition analysis section that includes tier structure analysis, market structure analysis, competition development, and other crucial information about nonwoven fabric manufacturers.
Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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