Non-Woven Fabric Market 2019 Growing Demand, Share Report, Major Factors, Future Trends Strategic, Supply, Industry Size and Forecast 2023

Global Non-Woven Fabrics Market: Information by Material (PP, PE, PET, Bio-Composites), Technology (Dry-Laid, Spunmelt), Function (Disposable, Non-Disposable), Application (Personal Care & Hygiene, Construction, Automotive), and Region—Forecast till 2023

Pune, India - September 5, 2019 /MarketersMedia/ —

Non-Woven Fabric Market Overview:
The global nonwoven fabrics market was analyzed by Market Research Future (MRFR) and it was projected that a notable CAGR of 7.92% will be attained by the market over the forecast period of 2018 to 2023. The valuation of the nonwoven fabrics market was further stated to surpass its previous to reach an estimated figure of USD 69,186.9 million by 2023.

Non-Woven Fabric are predominantly utilized in numerous end use industries such as healthcare, consumer goods, consumer, industrial, and others. Non-Woven Fabric market is estimated to witness healthy growth on account of rising construction activities and continuous growth of healthcare sector across the globe. Among technology segment, spunlaid technology emerged as the leading technology segment and accounted for more than half of the total market share in 2018. In addition, growing construction activities in developed and developing countries is predicted to propel the market growth.

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Non-Woven Fabric Market Key Players:
The global nonwoven fabrics market comprises a host of key players. This includes names like;
• Fitesa (Brazil)
• Asahi Kasei Corporation (Japan)
• Fiberwebindia Ltd. (India)
• Umazomo Nonwovens (Pty) Ltd. (South Africa)
• Johns Manville (U.S)
• Toray Industries, Inc. (Japan)
• KCWW (U.S)
• TWE GmbH & Co. KG (Germany)
• Suominen Corporation (U.S)
• DowDuPont (U.S)
• Berry Global Inc. (U.S)
• Freudenberg & Co. KG (Germany)
• Avgol Ltd. (Israel)
• Ahlstrom-Munksjo (Finland)
• Glatfelter (U.S)

Non-Woven Fabric Market Segments Analysis:
The global nonwoven fabrics market has been segmented in terms of material, technology, application, and function.
By technology, the market segments into Spun Melt, Dry-laid, and Wet-laid. The dry-laid segment leads the global market with 53% of the share to its name back in 2017. The segment is expected to garner a CAGR of 7.25% over the forecast period. Furthermore, the segment is anticipated to reach a figure of USD 35,104.4 million by the end of 2023. On the other hand, the spun-melt segment is expected to grow at a higher CAGR of 8.72% over the forecast period. This is due to the segment’s increasing application in personal care, roofing, and upholstery.

By material, the market includes Polypropylene, Polyethylene, Wood Pulp, Bi-component, Rayon, Polyethylene Terephthalate, and others. The polypropylene segment led the global market back in 2017 and is expected to grow at an annual pace of 8.47% during the forecast period and reach a valuation of USD 38,739.7 million by 2023. However, the polyethylene terephthalate is expected to grow with the fastest pace due to its functional versatility, durability, and high strength.

By function, the market divides into durable and disposable functioning. The durable segment was valued at USD 27,135.7 million back in 2017 to lead the market. However, the disposable functioning segment is anticipated to move at a rapid pace due to its increasing applications in diapers, baby wipes, and surgical products. The segment is primed to reach a valuation of USD 27,407.2 million by 2023.

Non-Woven Fabric Market Regional Analysis:
The global nonwoven fabrics market is geographically distributed across the following key regions: Asia Pacific, North America, Europe, and the Rest of the World (RoW).

The Asia Pacific regional nonwoven fabrics market is expected to generate USD 32,322.5 million by the end of the forecast period at a compound annual growth rate of 8.4%. This has propelled the region ahead of other markets and is expected to remain the case in the coming years as well. The growth of the regional market can be attributed to the growing consumption in sectors like automotive, construction, and healthcare.

Europe is expected to remain standing in the second place in the global nonwoven fabrics market due to the increasing usage of these fabrics in automotive components in the Germany, Spain, the UK, and Italy.

Non-Woven Fabric Market Table of Content to be Continue…...,

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About 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.

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Organization: Market Research Future
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Website: https://www.marketresearchfuture.com/reports/non-woven-fabric-market-1762

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