Non Woven Fabrics Market 2019 Industry Size, Share, Trends, Growth, Comprehensive Research, Segments, Regional Overview and Forecast to 2023
PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
Nonwoven Fabrics Market Research Report – Global Forecast till 2023 NonWoven Fabrics Market Key Players, Current Trends, Global Industry Analysis, Business Opportunities, Updated ,Worldwide Scope & Future Growth Forecast to 2023 Non Woven Fabrics Market Overview: Market Research Future (MRFR) predicts that the global nonwoven fabrics market is anticipated to touch a size of USD 69,186.9 million by 2023. It previously stood at USD 47,257.2 million in 2018. It can expand at 7.92% CAGR from 2018 to 2023 (forecast period). The market growth is on an upswing due to massive demand for these fabrics in the healthcare sector. Benefits of nonwovens such as porosity and sterilization capacity are likely to induce high demand from the medical industry. The manufacture of absorbable implants and rise in surgical procedures are predicted to bolster the nonwoven fabrics market growth. Eco-friendly fabrics are expected to induce demand in the market. This can be credited to steps taken by various agencies to curb emission levels. In addition, the recyclable nature of these fabrics is predicted to augment market growth. The burgeoning construction and automotive sectors can induce high demand from the nonwoven fabrics market. Construction of commercial and residential spaces in Asia Pacific can facilitate market growth. Request Free Sample Report @ https://www.marketresearchfuture.com/sample_request/7459
2
www.marketresearchfuture.com
Nonwoven Fabrics Market Research Report – Global Forecast till 2023
Top Key Players of “Global NonWoven Fabrics Market” • Asahi Kasei Corporation (Japan) •
Johns Manville (U.S.)
• Umazomo Nonwovens (Pty) Ltd. (South Africa) • TWE GmbH & Co. KG (Germany) • DowDuPont (U.S.) • Berry Global Inc. (U.S.) • Fitesa (Brazil) • Fiberwebindia Ltd. (India) • Avgol Ltd. (Israel)
• Suominen Corporation (U.S.) • Toray Industries, Inc. (Japan) • KCWW (U.S.)
3
www.marketresearchfuture.com
Nonwoven Fabrics Market Research Report – Global Forecast till 2023 Regional Analysis:
Geographically, the nonwoven fabrics market is segmented into Europe, Asia Pacific (APAC), North America, Latin America, and the Middle East & Africa (MEA). APAC accounted for 44% market share in 2017, followed by Europe (23%), and North America (21%). The APAC region can generate close to USD 32,322.5 million by 2023, at 8.84% CAGR over the forecast period. This can be attributed to its huge consumption in healthcare, construction, and automotive. On the other hand, Europe is expected to be the second largest region owing to the use of these fabrics in automotive components in Spain, Germany, Italy, and the U.K. The region is set to reach a valuation of USD 14,726.6 million by 2023. The North America region can witness 7.17% CAGR during the assessment period to accrue close to USD 13,838.1 million by 2023. Factors driving market growth include changing lifestyles of consumer and rising rate of adult incontinence among adults.
Get Report Details @ https://www.marketresearchfuture.com/reports/nonwoven-fabrics-market-7459
4
www.marketresearchfuture.com
Nonwoven Fabrics Market Research Report – Global Forecast till 2023
Segmentation Analysis: The Global Nonwoven Fabrics Market is segmented by technology, material, function, and application. By technology, the dry-laid segment accounted for 53% share in 2017. This segment can exhibit 7.25% CAGR over the forecast period to accrue USD 35,104.4 million by 2023. The spun melt segment, on the other hand, can exhibit 8.72% CAGR during the forecast period due to its application in upholstery, roofing, and personal care. It can accumulate 7,592.9 KT by 2023. By material, polypropylene accounted for 54% share in 2017 and expects to expand at 8.47% CAGR during the forecast period. The segment can touch a value of USD 38,739.7 million by 2023. But polyethylene terephthalate is projected to grow the fastest owing to durability, functional versatility, and high strength. It can accumulate 2,607.8 KT by 2023. By function, the durable segment value stood at USD 27,135.7 million in 2017. On the flip side, the disposable segment can grow at a rapid clip thanks to its application in baby wipes, diapers, and surgical products. It can generate close to USD 27,407.2 million by 2023. By application, hygiene & medical accounted for 34.2% share in 2018, followed by construction (22.4%), upholstery (17.2%), filtration (6.9%), automotive (5.6%), and others (13.8%). The hygiene & medical segment can continue to command demand for nonwoven fabrics owing to awareness of self-grooming. It can touch a size of USD 24,435.9 million by 2023. The construction segment can accumulate USD 15,447.5 million in revenue by 2023.
5
www.marketresearchfuture.com
ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com
Copyright Š 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future.
6
www.marketresearchfuture.com
MARKET RESEARCH FUTURE THANK YOU
salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US)
Ph: +44 208 133 9349 (UK)
7
www.marketresearchfuture.com