The global nonwoven fabric market is expected to be valued at USD XX million in 2017. The market is projected to reach USD XX million by 2022, at an estimated CAGR of XX%, during the forecast period (2017-2022).
Nonwoven fabrics are produced in a web-like pattern under heat and pressure, and are manufactured as per the requirement of the specific application. Nonwoven fabrics may have a limited life, be of single use or be a durable fabric. Their appearance, texture and strength is similar to a woven fabric with a thick padding. Non-woven fabrics that are highly absorbent and have high elasticity and filtration capacity are preferred. Spunlaid, wetlaid, and drylaid are the major technologies that are used to manufacture nonwoven fabric.
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Some of the major factors, such as the increasing usage of nonwoven fabric in the healthcare industry, especially in developing markets such as India, due to the rising health concerns among consumers; and growing usage in the automotive industry, are expected to drive the market growth during the forecast period. With the rapid technological advancements, nonwoven fabric has established a large application base in numerous end-user industries, such as the agricultural and building & construction industries, which, in turn, boost the market growth. On the flipside, the difficulty in procurement of raw materials may hinder the growth of the market.
The market can be segmented on the basis of material, technology, function and end-user. On the basis of end-user, the market can be segmented into healthcare, construction, energy, personal hygiene, filtration, furnishings, automotive, agriculture, clothing and others. In 2017, the healthcare sector is expected to dominate the market, with a market share of XX%. On the basis of technology, the market can be segmented into spunmelt, wetlaid, airlaid, and others (which includes carded). In terms of material used, the market can be segmented into polypropylene, PET, polyethylene, rayon, wood pulp, polyester and others. In 2017, polypropylene is expected to dominate the market, with a market share of XX%. The market can also be segmented on the basis of function into disposable and non-disposable.
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The market has also been segmented on the basis of geography, into North America, South America, Middle East & Africa, Europe and the Asia-Pacific. In 2017, Asia-Pacific is expected to dominate the market, with a market share of XX%. An increase in birth rate has led to a rise in the population of infants, propelling the demand for baby diapers, thereby boosting the market in the region.
Opportunities and Major Players
The shift in focus towards the adoption of geotextiles is expected to offer numerous opportunities for the growth of the market.
Some of the major players currently dominating the market with their products are as follows:
- Toray Industries, Inc.
- Fitesa SA
- Freudenberg Group
- Kimberly-Clark Professional
- Suominen Corporation
Key Deliverables in the Study
- Market analysis for the global nonwoven fabric market, with country-specific assessments and global-level competition analysis.
- Market definition, along with the identification of factors instrumental in changing the market scenario, and potential opportunities.
- Extensively researched competitive landscape section, with profiles of major companies, along with their market shares.
- Identification and analysis of the macro and micro factors that affect the nonwoven fabric market at the global level.
- A comprehensive list of key market players, along with the analysis of their current strategic interests and key financial information.
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