Nonwovens Market SWOT Analysis, Top Companies, and Competitive Analysis

The factors that are playing a major role in the growth of market are the growing demand for personal hygiene products, the rising aging population and birth rate, low maintenance cost, and the high demand from the end-users.

ID: 1551463
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(businesspress24) - Global nonwovens market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Nonwovens are engineered, unique, and high-tech fabrics made from fibers that are used across an exclusive range of products and applications. These are indispensable, innovative and versatile.

The factors that are playing a major role in the growth of market are the growing demand for personal hygiene products, the rising aging population and birth rate, low maintenance cost, and the high demand from the end-users. However, strict government policy regarding concern towards the environment and the volatile raw material cost may restrain overall market growth in the years to come. Nonwovens market is segmented based on product type, technology, raw material, end-user and region.

Durables and disposables are the product types that could be explored in nonwovens market in the forecast period. The disposable sector comprises medical (bandages, surgical drapes and gowns, sponges, and instrument wraps), adult incontinence, baby diapers, feminine hygiene, and wipes (household wipes, baby wipes, industrial, and personal care wipes). On the other hand, durables sector comprises artificial leather backing, filtration, interlinings, automotive, shoe inserts, geotextiles, coating substrates, agriculture, and others.

Hygiene and disposable gowns sector accounted for the substantial market share of disposable nonwovens in 2017 and is estimated to lead the overall market in the years to come. In addition, adult incontinence sector is estimated to grow at the fastest pace in the years to come. Based on technology, wet laid, spunlaid, air laid, carded, and others could classify nonwovens industry in the forecast period. Spunlaid sector accounted for the substantial market share of nonwovens and is estimated to lead the overall market in the years to come. In addition, the sector is estimated to grow at the highest CAGR in the years to come.



Based on the raw materials, fibers and polymers could classify nonwovens in the forecast period. Fibers comprise polypropylene/polyethylene bicomponent, wood pulp, lyocel, rayon, cotton, polyester/polyethylene bicomponent, and others. Besides, polymers comprise polyvinyl acetate-ethylene emulsions, polypropylene, polylactic acid, polyester, and nylon. The market may be categorized based on end-users like geo-textile, packaging industry, medical & healthcare industry, automotive industry, and others that could be explored in the forecast period.

Globally, Asia Pacific accounted for the substantial market share of nonwovens in 2017 and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the growing population in the developing countries, aging population in Japan, the rising income level, and the rapid industrialization. The developing countries like India and China are the major consumers of nonwovens in this region. North America and Europe are the developed markets and are estimated to show a moderate growth rate in the years to come.

The key players of the nonwovens market are Fiberweb, Freudenberg, Asahi Kasei Corporation, Kimberly-Clark Corporation, Asahi Kasei Corporation, Ahlstrom Incorporation, Polymer Group Incorporation, DuPont and Chevron Corporation. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.



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Date: 08/16/2019 - 05:39
Language: English
News-ID 1551463
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Freigabedatum: 16.08.2019
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