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The global polypropylene nonwovens market continues to dominate the Asia-Pacific region

by:Sunshine     2021-03-17
According to reports, by 2020, the global polypropylene (PP) non-woven fabric market will reach 30.61 billion U.S. dollars, of which the growing demand for baby diapers, adult incontinence and female disposable products will drive the global PP non-woven fabric market in the next 6 years Key factors. According to reports, by 2020, the global polypropylene (PP) non-woven fabric market will reach 30.61 billion U.S. dollars, of which the growing demand for baby diapers, adult incontinence and female disposable products will drive the global PP non-woven fabric market in the next 6 years Key factors. In addition, the penetration of PP non-woven fabrics in the durable goods application market, mainly in Asia-Pacific and Middle East countries, 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, increasingly stringent environmental regulations in Europe and the United States will also inhibit market growth in these regions.  According to relevant data, the global polypropylene non-woven fabric market volume was 5.5536 million tons in 2013, and it is expected to reach 9.9782 million tons in 2020. During this period, it will continue to grow at a compound annual growth rate of 7.8%. In the 2013 non-woven fabric market, spunbond PP non-woven fabric has the largest market share, accounting for about 47.4% of the total market. It is expected that this field will be the fastest growing market in the next 6 years, with a compound annual growth rate of 8.3 %. The short fiber PP non-woven fabric is expected to grow at a compound annual growth rate of 6.9% from 2014 to 2020. In the PP non-woven fabric market in 2013, the demand for sanitary products remained leading, accounting for 50.7% of the total market consumption, but with the market penetration in the application of durable consumer goods, it is expected that the market share of sanitary products will decrease in the next 6 years . The compound annual growth rate of global demand for PP non-woven fabrics for sanitary products is expected to be 8.8% in the next few years.   The latest statistics show that the Asia-Pacific region continued to dominate the PP non-woven market in 2013, accounting for 40.6% of the total market, and it is expected to continue to grow at a compound annual growth rate of 8.5% before 2020. The Middle East will become the fastest growing regional market for PP non-woven fabrics in the world in the next 6 years, and is expected to maintain a compound annual growth rate of 10.3%.
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