Nonwoven Fabrics Market Analysis, Size, Growth, Share & Forecast to 2020 | Grand View Research Inc.
“Nonwoven Fabrics Market Size Worth USD 42.1 Billion By 2020”
The global nonwoven fabrics market is expected to reach USD 42.1 billion by 2020, according to a new study by Grand View Research, Inc. Growing production of baby diapers on account of increasing birth rate particularly in Asia Pacific is expected to remain a key driving factor for the global market. Increasing construction spending in emerging economies of China, India and Brazil is also expected to have a positive influence on the market growth. Volatile prices of key raw materials are expected to remain a key challenge for market participants over the next six years. Polypropylene nonwoven fabrics were the highest consumed product segment accounted for over 60% of total market demand in 2013. PP nonwoven fabrics are also expected to witness highest growth rate over the next six years. Increasing birth rates in emerging markets of India and China and increasing geriatric population in countries such as U.S., UK, Germany and Japan have driven the demand for baby diapers and adult incontinence products respectively. Increasing demand for baby diapers and adult incontinence products is expected to drive polypropylene nonwoven fabrics demand.
Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/nonwoven-fabricsmarket Further key findings from the study suggest: Global nonwoven fabrics demand was 8,687.2 kilo tons in 2013 and is expected to reach 13,652.4 kilo tons by 2020, growing at a CAGR of 6.7% from 2014 to 2020.
Spunlaid emerged as the leading technology used in the global market and accounted for 48.5% of total market volume in 2013. Spunlaid is also expected to witness highest growth rate over the next several years. Increasing demand for spunlaid nonwoven fabrics in hygiene and medical
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applications is expected to drive its market over the next six years. Global demand for air laid based nonwoven fabrics is expected to exceed 1 million tons by 2020.
Durable applications such as construction, automotive and geotextile were the leading application segment in the global nonwoven fabrics industry which together accounted for 59.7% of total market volume in 2013. Growth of construction and automotive industry particularly in BRIC nations is expected to spur growth for nonwoven fabrics in durable applications.
Asia Pacific was the leading regional market and accounted for 42.4% of total market demand in 2013. Growth of major end-use industries particularly in emerging markets of China and India is expected to drive nonwoven fabrics market in the region over the forecast period. Middle East and Africa is expected to be the fastest growing regional market for nonwoven fabrics at an estimated CAGR of 8.2% from 2014 to 2020. Growth of geotextiles and construction industries in Saudi Arabia, Egypt and South Africa is expected to drive the regional market.
The global market is highly fragmented in nature with the market witnessing frequent mergers & acquisitions by large companies in order to gain market share. Top four companies accounted for below 20% of total market in 2013. Some of the major companies operating in the market include Freudenberg, Ahlstrom, DuPont, PEGAS, Providencia, AVGOL, Kimberly-Clark, PGI, Fiberweb, Mitsui and Toray.
Grand View Research has segmented the nonwoven fabrics market on the basis of product, technology, application and region: Nonwoven Fabrics Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020) Polypropylene
Polyester
Nylon
Others
Nonwoven Fabrics Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020) Spunlaid
Carded
Air Laid
Wet Laid
Nonwoven Fabrics Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020) Durable
Disposables
Nonwoven Fabrics Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020) North America
Europe
Asia Pacific
Middle East & Africa
Central & South America
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Table of Contents Chapter 1 Executive Summary 1.1 Nonwoven Fabrics - Industry Summary & Critical Success Factors (CSFs) Chapter 2 Nonwoven Fabrics Industry Outlook 2.1 Market Segmentation 2.2 Market Size and Growth Prospects 2.3 Nonwoven Fabrics Value Chain Analysis 2.4 Nonwoven Fabrics Market Dynamics 2.4.1 Market driver analysis 2.4.1.1 Increase in demand for hygiene products 2.4.1.2 Increasing demand for disposables in medical industry 2.4.1.3 Increase in demand for durable automobile products 2.4.1.4 Increase in demand for durable products in geotextile industry 2.4.2 Market restraint analysis 2.4.2.1 Volatility in raw material prices 2.4.2.2 Regulatory issues 2.5 Key Opportunities Prioritized 2.6 Industry Analysis - Porter's 2.7 Nonwoven fabrics - Company Market Share Analysis 2.8 Nonwoven Fabrics - PESTEL Analysis Continue………….. About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market y provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and factbased research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc
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