The global nonwoven fabrics market is accounted for a value of USD 41.1 billion in 2019. Nonwoven fabrics market projected to register growth at a CAGR of 5.5% during forecast period.
COVID-19 has impacted all the businesses over globe. The nonwoven fabrics segment has been impacted n a positive way. This market has seen significant growth due to COVID-19 as they are expanding production of healthcare essentials. The corona virus is spreading around world rapidly which increases demand for healthcare workers and healthcare disposable supplies including nonwoven fabrics. This boost the growth of this market due to COVID-19.
For more details, visit: Global Nonwoven Fabrics Market By Technology (Spun-Bond, Wet Laid, Dry Laid, Others), By Product (Consumer Products, Filtration, Automotive, Others), By Application (Food, Beverages), By Region–Forecast & Opportunities to 2026
The outbreak of corona virus has lead to increase in demand for healthcare workers and this result in rise in demands for disposable supplies and nonwoven fabrics to ensure safety to various workers. The number of cases of corona virus is increasing around the world and healthcare workers are also getting affected and to combat the spread among healthcare workers nonwoven fabrics demand is growing. This drives growth in nonwoven fabrics market.
On the basis of technology, the nonwoven fabrics market is segmented into spun-bond, wet laid, dry laid and others. The spun-bond segment is estimated to hold largest market share in the nonwoven fabrics market by technology during forecast period. The spun-bond technology is widely used for production of nonwoven fabrics in higher quantities. The demand for nonwoven fabrics is growing rapidly across end-use industries such as wipes, battery separators, agriculture, coating substrates, construction and hygiene products.
On the basis of application, the nonwoven fabrics market is segmented into hygiene, medical, filtration, automotive, consumer products, building & construction and others. The hygiene segment is estimated to hold largest market share during forecast period. The hygiene application is growing significantly in nonwoven fabrics market due to spread of corona virus across the world. They are preferred over traditional textiles due to their properties such as softness, absorption properties, smoothness, strechability, strength, conform and cost effectiveness. The spread of corona virus has lead to rise in demand for hygiene application during the forecast period.
Asia-pacific region accounted for largest market share in 2019. It is estimated to hold largest market share during forecast period. The rise in working population and rise in global economy lead to rise in demand for nonwoven fabrics market across this region. Various end-users industries such as agriculture, automobile, geo-textiles, healthcare and construction industries are adapting nonwoven fabrics at large scale due to their properties and cost effectiveness and this is likely to drive growth in Asia-Pacific region during forecast period.
The key market players in nonwoven fabrics market are AHL-Strom-Munksjo, Berry Global, Kimberly-Clark Corporation, Glatfelter, Dupont, Toray Industries INC., Lydall Inc., Fitesa, Suominen Corporation, Johns Manville, TWE Group, PF Nonwovens, Freudenberg Group, Asahi Kasei Corporation, Fiberweb and Exxonmobile.
- What are the expected industry trends over the next three to five years?
- Which of the nonwoven fabrics technology is likely to lead by 2025?
- Which of the application segments is expected to have the maximum potential to during the forecast period?
- Which region is going to have the highest smart meters market share by 2025?
- What are different organic and inorganic strategies implemented by companies to gain increased market share?