Nonwoven Fabrics Market 2020, Business Trends, Global Segments, Industry Profit Growth and Regional Study by Forecast to 2030
Research Reports
Mar 28, 2022
Nonwoven Fabrics Market Overview
The nonwoven fabrics market is gaining traction due to huge demand from the healthcare sector. The fabric is used extensively for manufacturing the products such as baby diapers, adult incontinence products, and sanitary napkins. The nonwoven fabric is characterized by the properties of softness, liquid repellency, superior stretchability, flame retardancy, and good thermal insulation. Thanks to these qualities, the demand from healthcare sector is increasing.
The trend of having safety measures and first aid kits at home and workplaces for early access to treatment at emergency situations is fueling growth of the global nonwoven fabrics market. Also, the rising awareness about the cleanliness and personal hygiene the adoption of sanitary napkins is increasing especially in developing countries, which is likely to boost the market growth in coming future.
The key players in the automobile and construction industries are increasingly adopting the nonwoven fabrics is fueling growth of the global nonwoven fabrics market. Additionally, several governments across the globe are imposing regulations for encouraging usage of eco-friendly products is augmenting demand for the nonwoven fabrics.
However, the volatility of raw material prices is hampering market growth to some extent. Along with this, the presence if stringent regulations over usage and manufacturing process of petrochemicals based nonwoven fabrics is restraining market growth as well.
Nonetheless, the factors such as emergence of bio-based nonwoven fabrics are swiftly replacing the petrochemicals based nonwoven based fabrics are helping to regain the growth track and offer most attractive opportunities for growth in coming years.
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Key Players
The major market players in the market are
- Asahi Kasei Corporation
- Umazomo Nonwovens (Pty) Ltd.
- Johns Manville
- TWE GmbH & Co. KG
- Berry Global Inc.
- DowDuPont
- Fitesa
- Avgol Ltd.
- Fiberwebindia Ltd.
- Suominen Corporation
- KCWW
- Ahlstrom-Munksjo
- Toray Industries, Inc.
- Freudenberg & Co. KG
- Glatfelter
Nonwoven Fabrics Market Segmentation
The nonwoven fabrics market is segmented based on technology, function, material, application, and region.
By technology, the market is categorized into wet-laid, dry-laid, and spun melt. Among these, the dry-laid segment dominated the overall market by accounting 53% share in 2017. The segment is likely to exhibit a CAGR of 7.25% to procure the value of USD 35,104.4 million by 2023.
By function, the market is segmented into disposable and durable. Of these, the durable segment stood at a value of USD 27,135.7 million in 2017.
By material, the nonwoven fabrics market is segmented into rayon, polypropylene, polyethylene, polyethylene terephthalate, bi-component, wood pulp, and others. Among these, the polypropylene segment accounted for around 54% share in the year 2017 and is anticipated to exhibit a CAGR of 8.47% over the forecast period and likely to obtain a value of USD 38,739.7 million by 2023.
By application, the nonwoven fabrics market is segmented into hygiene, upholstery, automotive, filtration, construction, others. Among these segments, the hygiene & medical held maximum share of about 34.2% share in 2018 and is likely to hold maximum revenue of about 24,435.9 million by 2023. This growth is attributable to the raised awareness about self-grooming.
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Regional Classification
Based on the region, the market is segmented into Europe, the Americas, Asia Pacific, the Middle East, and Africa. Of these, the Asia Pacific led the pack by accounting for 44% share in 2017, tailed by Europe and North America by accounting 23% and 21% respectively. The Asia Pacific region is likely to grab a value of USD 32,322.5 million by 2023 by exhibiting a CAGR of 8.84% during the forecast period. Increased consumption of nonwoven fabric across construction, healthcare, and automotive industries.
Europe is secured second place and is estimated to hold the place by the end of forecast period. The region is estimated to reach valuation of USD 14,726.6 million by 2023. This growth is attributed to surge in uptake of fabrics across automotive industry in the region. North America is likely to witness growth at a CAGR 7.17% to reach a value of USD 13,838.1 million by the end of forecast period.
Recent Development
June 2020: In order to satisfy the growing global demand for face masks, Lydall invested in a new fine fibre melt-blown manufacturing line. This new production line would enable Lydall to manufacture and substantially increase their supply of high-quality fine fibre melt blown filtration media for N95, surgical, and medical face masks and help mitigate the scarcity of melt-blown materials, both in the US and internationally.
May 2020: Berry Global announced an extension of its Meltex melt-blown capabilities, with the inclusion of an asset during COVID-19 to meet the rising demand for face masks. The manufacture of nonwoven safety materials and filter materials for premium filter media grades FFP2 (N95) and FFP3 (N99) will be the priority of the new line.
March 2019: Karl Mayer, a German renowned textile machine manufacturer, has launched Racop-NW machine series to set the standard within the nonwoven sector. These machines will bond fibrous webs for forming nonwovens utilizing 2-3 guide bars, thereby providing the general perks of knitting technology compared to other processes.
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Table of Content
1 Executive Summary
2 Market Introduction
2.1 Definition 24
2.2 Scope Of The Study 24
2.3 List Of Assumptions 25
2.4 Market Structure 25
3 Market Insights
4 Research Methodology
4.1 Research Process 31
4.2 Primary Research 32
4.3 Secondary Research 33
4.4 Market Size Estimation 33
4.5 Forecast Model 34
5 Market Dynamics
5.1 Introduction 36
5.2 Drivers 37
5.2.1 High Demand In The Healthcare Sector 37
5.2.2 Rising Awareness Of Eco-Friendly Fabrics 37
5.2.3 Significant Growth Of Automotive And Construction Industries 38
5.3 Restraints 39
5.3.1 Fluctuations In Raw Material Availability 39
5.4 Opportunities 40
5.4.1 Rising Applications In Geotextiles And Agriculture 40
5.4.2 Use Of Nonwoven Fabrics Spacers For Pancreatic Cancer Treatment 40
5.5 Trend 41
5.5.1 Development Of Better Alternatives For Nonwoven Fabrics 41
6 Market Factor Analysis
6.1 Supply Chain Analysis 43
6.1.1 Raw Material Suppliers 43
6.1.2 Nonwoven Fabric Manufacturers 43
6.1.3 Distribution Channel 44
6.1.4 Applications 44
6.2 Porter’s Five Forces Analysis 44
6.2.1 Threat Of New Entrants 44
6.2.2 Threat Of Rivalry 45
6.2.3 Threat Of Substitutes 45
6.2.4 Bargaining Power Of Suppliers 45
6.2.5 Bargaining Power Of Buyers 45
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