By 2020, the global market value of PP non-woven fabrics will exceed 30 billion US dollars
By 2020, the global market value of PP non-woven fabrics will exceed 30 billion US dollars
by:Sunshine2020-04-27
According to foreign media reports, by 2020, global polypropylene (PP)The non-woven fabric market will reach 306.
US $0. 1 billion, of which the growing demand for baby diapers, adult incontinence and Women's Disposable products will be the key factors driving the global PP non-woven fabric market in the next six years.
In addition, PP non-woven fabrics penetrate into the durable goods application market, mainly concentrated in Asia-Pacific and Middle East countries, and will also have a positive impact on the increase in demand in the next few years.
However, the impact of crude oil price fluctuations on polypropylene prices will be the main challenge for the future development of the industry.
In addition, the increasingly stringent environmental regulations in Europe and the United States will also curb market growth in these regions.
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