Nonwoven Materials Market
The nonwoven materials market size was valued at US$ 39.6 Bn in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2020 to 2028
Meridian Market Consultants (MMC) has published a new report titled, “Nonwoven Materials Market: Opportunity Analysis and Future Assessment 2020-2028”
Global Nonwoven Materials Market, By Polymer Type (PP, PE, PET, Wood pulp, Rayon, Others (PA, PC, polyester, natural fibers, and biopolymers)), By Layer (single layer, multilayer), By Function (Disposable, Non-disposable), By Technology (Spunbond, Wet laid, Dry laid, Others (electrostatic spinning and flash-spun), By Application (Hygiene, Medical, Filtration, Automotive, Consumer products, Building & Construction, Others (geotextiles, agriculture & landscape, industrial/military, office & stationery, leisure, and shoes & leather), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2020 and 2028.
The nonwoven materials market size was valued at US$ 39.6 Bn in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2020 to 2028.
Nonwoven material can be interpreted as a textile output which is designed in an absolutely complex and sophisticated way with the help of modern technologies. In all probability, these modern technologies are one of the most essential forces which fetched nonwoven materials up to the times of specialized and technical textiles.
Nonwoven material is basically a kind of fabric that is developed out of long fiber that is blended and combined together by chemical, mechanical, heat or solvent treatment. Automotive and textile industries are the major end users of nonwoven material or fabric, as this fabric is feather light and offers the advantage of convenient and comfortable use. Owing to which, the nonwoven material witnessed heavy demand across the textile and automotive industries worldwide, which in turn, is projected to accelerate the growth of the global nonwoven material market in the years to come.
However, the recurrent ups and downs in raw material costs is likely to hold back the growth of the global nonwoven material market in the forthcoming years. Nonetheless, the personal care industry is flourishing swiftly in the present day and age, which is also positively influencing the demand of nonwoven materials across the global markets.
Noticeably, booming demand for feminine care products, baby diapers, and adult incontinence products across the world is majorly boosting the demand of nonwoven materials across the world. Attributing to which, the global nonwoven material market is estimated to witness major breakthroughs in the future years.
Furthermore, the growing demand of nonwoven material in the healthcare sector as well as upsurge in awareness regarding eco-friendly materials or fabrics is further playing a positive role in propelling the growth in demand of nonwoven materials worldwide. Owing to which, the global nonwoven material market is expected to witness significant growth over the forecast period.
MMC Study identifies some of the key participating players in the nonwoven materials market globally are Ahlstrom-Munksjo, Berry Global Inc., Glatfelter Company, DuPont, Lydall Inc, Fitesa, TWE Group, Freudenberg Group, PFNonwovens, among others.
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